LWSGF (Lewis Group) Altman Z-Score: 4.00 (As of Jun. 26, 2026) — Near Median


What is Lewis Group Altman Z-Score?

Lewis Group LWSGF 95 Altman Z-Score is 4.00 as of Jun. 26, 2026, which is 6% above its 10-year median of 3.76. GuruFocus rates LWSGF with a GF Score™ of 95/100. The stock has 3 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Lewis Group ranks better than 69.56% 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 3.99 is strong.

Lewis Group has a Altman Z-Score of 4.00, 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 Lewis Group's Altman Z-Score or its related term are showing as below:

LWSGF' s Altman Z-Score Range Over the Past 10 Years
Min: 2.81   Med: 3.76   Max: 4.97
Current: 3.99

During the past 13 years, Lewis Group's highest Altman Z-Score was 4.97. The lowest was 2.81. And the median was 3.76.


Lewis Group  (OTCPK:LWSGF) 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.


Lewis Group Altman Z-Score Related Terms


Lewis Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Lewis 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.

Lewis Group Altman Z-Score Chart

Lewis Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 3.54 3.43 3.65 3.89

Lewis Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.43 0.00 3.65 0.00 3.89

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

For the Specialty Retail subindustry, Lewis 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.


Lewis Group Altman Z-Score vs Retail - Cyclical Industry

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

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



Lewis 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.

Lewis 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*0.6423+1.4*0.595+3.3*0.1484+0.6*1.2931+1.0*1.1267
=4.00

* 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 Mar. 2026:
Total Assets was $546.83 Mil.
Total Current Assets was $440.95 Mil.
Total Current Liabilities was $89.70 Mil.
Retained Earnings was $325.35 Mil.
Pre-Tax Income was $67.76 Mil.
Interest Expense was $-13.42 Mil.
Revenue was $616.14 Mil.
Market Cap (Today) was $283.60 Mil.
Total Liabilities was $219.32 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
=(440.947 - 89.699)/546.832
=0.6423

X2=Retained Earnings/Total Assets
=325.349/546.832
=0.595

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(67.758 - -13.415)/546.832
=0.1484

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=283.598/219.321
=1.2931

X5=Revenue/Total Assets
=616.136/546.832
=1.1267

The zones of discrimination were as such:

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

Lewis Group has a Altman Z-Score of 4.00 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 4.00 mean?
Lewis Group (LWSGF) has a Altman Z-Score of 4.00 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Lewis Group and its competitors. This is near median its historical median of 3.76. Over the past decade, Lewis Group's Altman Z-Score has ranged from 2.81 to 4.97. According to the industry distribution chart, Lewis Group ranks #340 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 30.4%.
Is Lewis Group's Altman Z-Score too high?
Lewis Group's current Altman Z-Score of 4.00 is near median its 10-year median of 3.76. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 4.97. The Retail - Cyclical industry median Altman Z-Score is 2.73. Lewis Group's value of 4.00 is 46.5% above this industry median. Based on the distribution chart, Lewis Group ranks #340 out of 1117 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Lewis Group has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Lewis Group's Altman Z-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Lewis Group ranks #340 out of 1117 companies for Altman Z-Score. This puts Lewis Group in the upper half of its industry. The industry median Altman Z-Score is 2.73. Lewis Group's value of 4.00 is 46.5% above this benchmark. Historically, Lewis Group's own Altman Z-Score has ranged from 2.81 to 4.97 over the past decade. While the company's 10-year median is 3.76 vs. the industry median of 2.73, Lewis 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. Lewis Group's current Altman Z-Score of 4.00 is 46.5% 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 Lewis 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. Lewis Group's current Altman Z-Score is 4.00, which is near median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lewis Group stock overvalued right now?
Lewis Group (LWSGF) has a current Altman Z-Score of 4.00. The current Altman Z-Score is 4.00, which is near median its 10-year median of 3.76 and 46.5% above the Retail - Cyclical industry median of 2.73. Lewis Group's overall GF Score™ is 95/100 with 3 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 Lewis Group (LWSGF), the current Altman Z-Score is 4.00 as of Jun. 26, 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.

Lewis Group Business Description

Other Exchanges LEW:South Africa
Address 53A Victoria Road, Universal House, Woodstock, Cape Town, ZAF, 7925
Lewis Group Ltd is a South Africa-based retailer of household furniture and electrical appliances through its three trading brands, Lewis, Beares, and Best Home and Electric. Lewis sells a range of household furniture, electrical appliances, and home electronics to customers in the LSM 4 to 7 categories. Best Home and Electric is a retailer of electrical appliances, sound and vision equipment, and furniture, targeting LSM four to seven customers. Its operating segments are Traditional retail and Cash retail. The company generates majority of the revenue from Traditional retail segment. Beares is a retailer of upmarket furniture, electrical appliances, and home electronics to customers in the LSM 6 to 9 categories.