DNEMF (Dunelm Group) Altman Z-Score: 5.09 (As of Jun. 27, 2026) — 14% Below Median


DNEMF Dunelm Group PLC DNEMF
65 GF Score
Price $10.54
GF Value $15.62
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Dunelm Group Altman Z-Score?

Dunelm Group DNEMF 65 Altman Z-Score is 5.09 as of Jun. 27, 2026, which is 14% below its 10-year median of 5.91. GuruFocus rates DNEMF with a GF Score™ of 65/100 and a GF Value™ of $15.62 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Dunelm Group ranks better than 78.6% 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 5.09 is strong.

Dunelm Group has a Altman Z-Score of 5.09, 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 Dunelm Group's Altman Z-Score or its related term are showing as below:

DNEMF' s Altman Z-Score Range Over the Past 10 Years
Min: 4.91   Med: 5.91   Max: 9.08
Current: 5.09

During the past 13 years, Dunelm Group's highest Altman Z-Score was 9.08. The lowest was 4.91. And the median was 5.91.


Dunelm Group  (OTCPK:DNEMF) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Dunelm Group Altman Z-Score Related Terms


Dunelm Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dunelm 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.

Dunelm Group Altman Z-Score Chart

Dunelm Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.56 5.14 5.95 6.12 5.86

Dunelm Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 6.12 0.00 5.86 0.00

DNEMF vs CASY, WSM, ULTA: Altman Z-Score Comparison

For the Specialty Retail subindustry, Dunelm 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.


Dunelm Group Altman Z-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dunelm Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Dunelm Group's Altman Z-Score falls into.


DNEMF
65GF Score
Dunelm Group PLC DNEMF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Dunelm Group Altman Z-Score Calculation

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.

Dunelm 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*0.0159+1.4*0.1145+3.3*0.2999+0.6*2.5563+1.0*2.3884
=5.09

* 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.

Trailing Twelve Months (TTM) ended in Jun. 2025:
Total Assets was $1,006 Mil.
Total Current Assets was $405 Mil.
Total Current Liabilities was $389 Mil.
Retained Earnings was $115 Mil.
Pre-Tax Income was $286 Mil.
Interest Expense was $-15 Mil.
Revenue was $2,403 Mil.
Market Cap (Today) was $2,160 Mil.
Total Liabilities was $845 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(404.613 - 388.602)/1006.106
=0.0159

X2=Retained Earnings/Total Assets
=115.197/1006.106
=0.1145

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(286.296 - -15.468)/1006.106
=0.2999

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2159.809/844.912
=2.5563

X5=Revenue/Total Assets
=2402.985/1006.106
=2.3884

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Dunelm Group has a Altman Z-Score of 5.09 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 5.09 mean?
Dunelm Group (DNEMF) has a Altman Z-Score of 5.09 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dunelm Group and its competitors. This is 14% below median its historical median of 5.91. Over the past decade, Dunelm Group's Altman Z-Score has ranged from 4.91 to 9.08. According to the industry distribution chart, Dunelm Group ranks #239 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 21.4%.
Is Dunelm Group's Altman Z-Score too high?
Dunelm Group's current Altman Z-Score of 5.09 is 14% below median its 10-year median of 5.91. Over the past 10 years, this metric has ranged from a low of 4.91 to a high of 9.08. The Retail - Cyclical industry median Altman Z-Score is 2.73. Dunelm Group's value of 5.09 is 86.4% above this industry median. Based on the distribution chart, Dunelm Group ranks #239 out of 1117 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Dunelm Group has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dunelm Group's Altman Z-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Dunelm Group ranks #239 out of 1117 companies for Altman Z-Score. This places Dunelm Group in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.73. Dunelm Group's value of 5.09 is 86.4% above this benchmark. Historically, Dunelm Group's own Altman Z-Score has ranged from 4.91 to 9.08 over the past decade. While the company's 10-year median is 5.91 vs. the industry median of 2.73, Dunelm 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 a Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.73, based on 1,117 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. Dunelm Group's current Altman Z-Score of 5.09 is 86.4% 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 Dunelm Group and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dunelm Group's current Altman Z-Score is 5.09, which is 14% below median its own 10-year median of 5.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dunelm Group stock overvalued right now?
Based on GuruFocus' analysis, Dunelm Group (DNEMF) is currently considered Significantly Undervalued. The stock's GF Value™ is $15.62, compared to a current price of $10.54 — trading 32.6% below its estimated fair value. The current Altman Z-Score is 5.09, which is 14% below median its 10-year median of 5.91 and 86.4% above the Retail - Cyclical industry median of 2.73. Dunelm Group's overall GF Score™ is 65/100 with 4 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 Dunelm Group (DNEMF), the current Altman Z-Score is 5.09 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 Dunelm Group (DNEMF) Overvalued in 2026?

Based on GuruFocus' analysis, Dunelm Group stock appears to be undervalued. The current stock price of $10.54 is trading 32.6% below its estimated GF Value™ of $15.62. GuruFocus considers Dunelm Group to be Significantly Undervalued.

Key valuation signals for DNEMF:

  • Altman Z-Score: 5.09 (14% below median its 10-year median of 5.91)
  • GF Value™: $15.62 vs. price of $10.54 (32.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 86.4% above the Retail - Cyclical median (#239 of 1117)

No single metric tells the full story. See the DNEMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dunelm Group Business Description

Address Watermead Business Park, Dunelm Store Support Centre, Syston, Leicester, Leicestershire, GBR, LE7 1AD
Dunelm Group PLC is a UK home-furnishing retailer. The company operates superstores, high street stores, and multichannel retail formats, such as online and telephone ordering. The diverse product offering ranges from textiles, such as bedding, curtains, cushions, quilts, and pillows, to kitchenware and dining. The products have exclusive designs and are sold under premium brands such as Dorma. Dunelm offers customers high-quality products in a broad price spectrum, supported by customer service and support. The group has one reportable segment, which is the operations to enable the retail of homewares in the UK and Ireland.
65GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.54
Price
$15.62
GF Value