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 4.01 is strong.
Walton Hi-Tech Industries has a Altman Z-Score of 4.04, 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 Walton Hi-Tech Industries's Altman Z-Score or its related term are showing as below:
DHA:WALTONHIL'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.58 Med: 5.03 Max: 7.96
Current: 4.01
During the past 7 years, Walton Hi-Tech Industries's highest Altman Z-Score was 7.96. The lowest was 3.58. And the median was 5.03.
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.
* 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.
For the Consumer Electronics subindustry, Walton Hi-Tech Industries'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.
Walton Hi-Tech Industries Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Walton Hi-Tech Industries's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Walton Hi-Tech Industries'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.
* 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.
Walton Hi-Tech Industries (DHA:WALTONHIL) has a Altman Z-Score of 4.04 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Walton Hi-Tech Industries and its competitors. This is 20% below median its historical median of 5.03. Over the past decade, Walton Hi-Tech Industries' Altman Z-Score has ranged from 3.58 to 7.96. According to the industry distribution chart, Walton Hi-Tech Industries ranks #1122 out of 2458 companies in the Hardware industry, placing it in the top 45.6%.
Is Walton Hi-Tech Industries' Altman Z-Score too high?
Walton Hi-Tech Industries' current Altman Z-Score of 4.04 is 20% below median its 10-year median of 5.03. Over the past 10 years, this metric has ranged from a low of 3.58 to a high of 7.96. The Hardware industry median Altman Z-Score is 3.64. Walton Hi-Tech Industries' value of 4.04 is 11% above this industry median. Based on the distribution chart, Walton Hi-Tech Industries ranks #1122 out of 2458 companies in the Hardware industry, which is above the industry midpoint. Overall, Walton Hi-Tech Industries has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Walton Hi-Tech Industries' Altman Z-Score compare to AAPL?
According to the Hardware industry distribution chart, Walton Hi-Tech Industries ranks #1122 out of 2458 companies for Altman Z-Score. This puts Walton Hi-Tech Industries in the upper half of its industry. The industry median Altman Z-Score is 3.64. Walton Hi-Tech Industries' value of 4.04 is 11% above this benchmark. Historically, Walton Hi-Tech Industries' own Altman Z-Score has ranged from 3.58 to 7.96 over the past decade. While the company's 10-year median is 5.03 vs. the industry median of 3.64, Walton Hi-Tech Industries 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 a Hardware company?
The median Altman Z-Score among Hardware companies is 3.64, based on 2,458 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. Walton Hi-Tech Industries's current Altman Z-Score of 4.04 is 11% 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 Walton Hi-Tech Industries and its competitors. For the Hardware industry, the median Altman Z-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Walton Hi-Tech Industries's current Altman Z-Score is 4.04, which is 20% below median its own 10-year median of 5.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walton Hi-Tech Industries stock overvalued right now?
Based on GuruFocus' analysis, Walton Hi-Tech Industries (DHA:WALTONHIL) is currently considered Fairly Valued. The stock's GF Value™ is BDT418.86, compared to a current price of BDT397.70 — trading 5.1% below its estimated fair value. The current Altman Z-Score is 4.04, which is 20% below median its 10-year median of 5.03 and 11% above the Hardware industry median of 3.64. Walton Hi-Tech Industries' overall GF Score™ is 88/100 with 6 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 Walton Hi-Tech Industries (DHA:WALTONHIL), the current Altman Z-Score is 4.04 as of Jul. 08, 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 Walton Hi-Tech Industries (DHA:WALTONHIL) Overvalued in 2026?
Based on GuruFocus' analysis, Walton Hi-Tech Industries stock appears to be undervalued.
The current stock price of BDT397.70 is trading 5.1% below its estimated GF Value™ of BDT418.86.
GuruFocus considers Walton Hi-Tech Industries to be Fairly Valued.
Key valuation signals for DHA:WALTONHIL:
Altman Z-Score: 4.04 (20% below median its 10-year median of 5.03)
GF Value™: BDT418.86 vs. price of BDT397.70 (5.1% below fair value)
Industry Position: 11% above the Hardware median (#1122 of 2458)
No single metric tells the full story. See the DHA:WALTONHIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Walton Hi-Tech Industries PLC is a manufacturer in Bangladesh's electrical and electronics (E&E) industry. The company is engaged in designing, manufacturing, assembling, and marketing a wide range of consumer electronics, home appliances, and industrial equipment. Its product portfolio includes refrigerators, freezers, air conditioners, televisions, washing machines, compressors, elevators, cables, and various small appliances such as microwave ovens, rice cookers, blenders, fans, LED lights, and electrical accessories. The sale of Freezers & Refrigerators contributes to the majority of the revenue. It operates in a single business segment, engaged in manufacturing and selling electrical and electronic products. The company's export market includes South Asia, Europe, and North America.
88GF Score
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