WT Financial GroupASX:WTL 60 Altman Z-Score is 5.20 as of Jun. 27, 2026, which is 148% above its 10-year median of 2.10. GuruFocus rates ASX:WTL with a GF Score™ of 60/100 and a GF Value™ of A$0.13 (Fairly Valued). The stock has 2 warning signs investors should review. Among 651 Asset Management companies, WT Financial Group ranks better than 62.06% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 5.2 is strong.
WT Financial Group has a Altman Z-Score of 5.20, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for WT Financial Group's Altman Z-Score or its related term are showing as below:
ASX:WTL'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.53 Med: 2.1 Max: 5.2
Current: 5.2
During the past 11 years, WT Financial Group's highest Altman Z-Score was 5.20. The lowest was -0.53. And the median was 2.10.
WT Financial Group (ASX:WTL) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
WT Financial Group Altman Z-Score Related Terms
WT Financial Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for WT Financial Group's Altman Z-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:WTL vs BLK, BX, KKR: Altman Z-Score Comparison
For the Asset Management subindustry, WT Financial Group's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
WT Financial Group Altman Z-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WT Financial Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where WT Financial Group's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
WT Financial Group's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.0863
+
1.4
*
-0.0357
+
3.3
*
0.1084
+
0.6
*
1.7553
+
1.0
*
3.7322
=
5.20
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
WT Financial Group (ASX:WTL) has a Altman Z-Score of 5.20 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on WT Financial Group and its competitors. This is 148% above median its historical median of 2.10. According to the industry distribution chart, WT Financial Group ranks #247 out of 651 companies in the Asset Management industry, placing it in the top 37.9%.
Is WT Financial Group's Altman Z-Score too high?
WT Financial Group's current Altman Z-Score of 5.20 is 148% above median its 10-year median of 2.10. The Asset Management industry median Altman Z-Score is 3.48. WT Financial Group's value of 5.20 is 49.4% above this industry median. Based on the distribution chart, WT Financial Group ranks #247 out of 651 companies in the Asset Management industry, which is above the industry midpoint. Overall, WT Financial Group has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WT Financial Group's Altman Z-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, WT Financial Group ranks #247 out of 651 companies for Altman Z-Score. This puts WT Financial Group in the upper half of its industry. The industry median Altman Z-Score is 3.48. WT Financial Group's value of 5.20 is 49.4% above this benchmark. While the company's 10-year median is 2.10 vs. the industry median of 3.48, WT Financial Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for an Asset Management company?
The median Altman Z-Score among Asset Management companies is 3.48, based on 651 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WT Financial Group's current Altman Z-Score of 5.20 is 49.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on WT Financial Group and its competitors. For the Asset Management industry, the median Altman Z-Score is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WT Financial Group's current Altman Z-Score is 5.20, which is 148% above median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WT Financial Group stock overvalued right now?
Based on GuruFocus' analysis, WT Financial Group (ASX:WTL) is currently considered Fairly Valued. The stock's GF Value™ is A$0.13, compared to a current price of A$0.14 — trading 3.8% above its estimated fair value. The current Altman Z-Score is 5.20, which is 148% above median its 10-year median of 2.10 and 49.4% above the Asset Management industry median of 3.48. WT Financial Group's overall GF Score™ is 60/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For WT Financial Group (ASX:WTL), the current Altman Z-Score is 5.20 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is WT Financial Group (ASX:WTL) Overvalued in 2026?
Based on GuruFocus' analysis, WT Financial Group stock appears to be overvalued.
The current stock price of A$0.14 is trading 3.8% above its estimated GF Value™ of A$0.13.
GuruFocus considers WT Financial Group to be Fairly Valued.
Key valuation signals for ASX:WTL:
Altman Z-Score: 5.20 (148% above median its 10-year median of 2.10)
GF Value™: A$0.13 vs. price of A$0.14 (3.8% above fair value)
Industry Position: 49.4% above the Asset Management median (#247 of 651)
No single metric tells the full story. See the ASX:WTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WT Financial Group Ltd is a diversified financial services company. The company's operating segment includes Business to Business (B2B), Direct to Consumer (B2C), and All other. It derives a majority of its revenue from the Business to Business (B2B) services segment which includes services like financial planning, investment advice, product sales, licensing services, and product offerings delivered to independently owned financial advice practices through its Wealth today, Sentry, Synchron, and M3 advice divisions. In its Direct to Consumer business segment, the company provides various financial advice, mortgage broking, tax, and accounting services directly to wholesale and retail clients under the Spring Financial Group brand.
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