Smurfit WestRock (MEX:SW1 N) Altman Z-Score: 1.50 (As of Jun. 25, 2026) — 23% Below Median


MEX:SW1 N Smurfit WestRock PLC MEX:SW1 N
47 GF Score
Price MXN680.00
GF Value MXN682.34
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Smurfit WestRock Altman Z-Score?

Smurfit WestRock MEX:SW1 N 47 Altman Z-Score is 1.50 as of Jun. 25, 2026, which is 23% below its 10-year median of 1.96. GuruFocus rates MEX:SW1 N with a GF Score™ of 47/100 and a GF Value™ of MXN682.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 391 Packaging & Containers companies, Smurfit WestRock ranks worse than 78.77% 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.

Warning Sign:

Altman Z-score of 1.5 is in distress zone. This implies bankruptcy possibility in the next two years.

Smurfit WestRock has a Altman Z-Score of 1.50, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Smurfit WestRock's Altman Z-Score or its related term are showing as below:

MEX:SW1 N' s Altman Z-Score Range Over the Past 10 Years
Min: 0.99   Med: 1.96   Max: 2.52
Current: 1.5

During the past 13 years, Smurfit WestRock's highest Altman Z-Score was 2.52. The lowest was 0.99. And the median was 1.96.


Smurfit WestRock  (MEX:SW1 N) 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.


Smurfit WestRock Altman Z-Score Related Terms


Smurfit WestRock Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Smurfit WestRock'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.

Smurfit WestRock Altman Z-Score Chart

Smurfit WestRock Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 2.52 1.82 1.37 1.44

Smurfit WestRock Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.39 1.43 1.48 1.44 1.42

MEX:SW1 N vs PKG, AMCR, IP: Altman Z-Score Comparison

For the Packaging & Containers subindustry, Smurfit WestRock'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.


Smurfit WestRock Altman Z-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Smurfit WestRock's Altman Z-Score distribution charts can be found below:

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


MEX:SW1 N
47GF Score
Smurfit WestRock PLC MEX:SW1 N
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smurfit WestRock 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.

Smurfit WestRock'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*0.0717+1.4*0.0531+3.3*0.0323+0.6*0.8779+1.0*0.7021
=1.50

* 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 MXN814,537 Mil.
Total Current Assets was MXN190,281 Mil.
Total Current Liabilities was MXN131,891 Mil.
Retained Earnings was MXN43,224 Mil.
Pre-Tax Income was 1514.747 + 3150.998 + 6163.651 + 1092.094 = MXN11,921 Mil.
Interest Expense was -3570.475 + -3655.157 + -3742.217 + -3426.914 = MXN-14,395 Mil.
Revenue was 139068.183 + 136483.206 + 146808.633 + 149503.848 = MXN571,864 Mil.
Market Cap (Today) was MXN428,811 Mil.
Total Liabilities was MXN488,452 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
=(190281.051 - 131891.168)/814537.06
=0.0717

X2=Retained Earnings/Total Assets
=43224.382/814537.06
=0.0531

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(11921.49 - -14394.763)/814537.06
=0.0323

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=428810.683/488451.745
=0.8779

X5=Revenue/Total Assets
=571863.87/814537.06
=0.7021

The zones of discrimination were as such:

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

Smurfit WestRock has a Altman Z-Score of 1.50 indicating it is in Distress 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 1.50 mean?
Smurfit WestRock (MEX:SW1 N) has a Altman Z-Score of 1.50 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Smurfit WestRock and its competitors. This is 23% below median its historical median of 1.96. Over the past decade, Smurfit WestRock's Altman Z-Score has ranged from 0.99 to 2.52. According to the industry distribution chart, Smurfit WestRock ranks #308 out of 391 companies in the Packaging & Containers industry, placing it in the top 78.8%.
Is Smurfit WestRock's Altman Z-Score too high?
Smurfit WestRock's current Altman Z-Score of 1.50 is 23% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 2.52. The Packaging & Containers industry median Altman Z-Score is 2.63. Smurfit WestRock's value of 1.50 is 43% below this industry median. Based on the distribution chart, Smurfit WestRock ranks #308 out of 391 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Smurfit WestRock has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smurfit WestRock's Altman Z-Score compare to PKG and AMCR?
According to the Packaging & Containers industry distribution chart, Smurfit WestRock ranks #308 out of 391 companies for Altman Z-Score. This places Smurfit WestRock in the lower half of its industry. The industry median Altman Z-Score is 2.63. Smurfit WestRock's value of 1.50 is 43% below this benchmark. Historically, Smurfit WestRock's own Altman Z-Score has ranged from 0.99 to 2.52 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 2.63, Smurfit WestRock has consistently been below 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 Packaging & Containers company?
The median Altman Z-Score among Packaging & Containers companies is 2.63, based on 391 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. Smurfit WestRock's current Altman Z-Score of 1.50 is 43% below 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 Smurfit WestRock and its competitors. For the Packaging & Containers industry, the median Altman Z-Score is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smurfit WestRock's current Altman Z-Score is 1.50, which is 23% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smurfit WestRock stock overvalued right now?
Based on GuruFocus' analysis, Smurfit WestRock (MEX:SW1 N) is currently considered Fairly Valued. The stock's GF Value™ is MXN682.34, compared to a current price of MXN680.00 — trading 0.3% below its estimated fair value. The current Altman Z-Score is 1.50, which is 23% below median its 10-year median of 1.96 and 43% below the Packaging & Containers industry median of 2.63. Smurfit WestRock's overall GF Score™ is 47/100 with 8 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 Smurfit WestRock (MEX:SW1 N), the current Altman Z-Score is 1.50 as of Jun. 25, 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 Smurfit WestRock (MEX:SW1 N) Overvalued in 2026?

Based on GuruFocus' analysis, Smurfit WestRock stock appears to be undervalued. The current stock price of MXN680.00 is trading 0.3% below its estimated GF Value™ of MXN682.34. GuruFocus considers Smurfit WestRock to be Fairly Valued.

Key valuation signals for MEX:SW1 N:

  • Altman Z-Score: 1.50 (23% below median its 10-year median of 1.96)
  • GF Value™: MXN682.34 vs. price of MXN680.00 (0.3% below fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 43% below the Packaging & Containers median (#308 of 391)

No single metric tells the full story. See the MEX:SW1 N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smurfit WestRock Business Description

Address Beech Hill, Clonskeagh, Dublin 4, Dublin, IRL, D04 N2R2
Smurfit WestRock PLC manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. operates a vertically integrated system supplying wood and recovered fiber to produce various grades of board, which are then converted into packaging products. Its main packaging categories include corrugated containers and consumer packaging, with additional products such as solidboard, kraft paper, graphic board, paper sacks, and bag-in-box packaging. The company's geographical segments include North America (including the U.S., Canada and Mexico), Europe, the Middle East and Africa and Asia-Pacific, and Latin America. The majority of the company's revenue is derived from product sales in the North American region.
47GF Score

Get the complete analysis for MEX:SW1 N

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

MXN680.00
Price
MXN682.34
GF Value