Truworths InternationalNAM:TRW -0.96%88 Altman Z-Score is 4.31 as of Jul. 01, 2026, which is 13% below its 10-year median of 4.93. GuruFocus rates NAM:TRW with a GF Score™ of 88/100 and a GF Value™ of R80.21 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Truworths International ranks better than 73.23% 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 4.29 is strong.
Truworths International has a Altman Z-Score of 4.31, 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 Truworths International's Altman Z-Score or its related term are showing as below:
NAM:TRW'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.06 Med: 4.93 Max: 6.19
Current: 4.29
During the past 13 years, Truworths International's highest Altman Z-Score was 6.19. The lowest was 3.06. And the median was 4.93.
Truworths International (NAM:TRW) 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.
* 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.
NAM:TRW vs TJX, ROST, BURL: Altman Z-Score Comparison
For the Apparel Retail subindustry, Truworths International'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.
Truworths International Altman Z-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Truworths International's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Truworths International's Altman Z-Score falls into.
Truworths International 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.
* 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.
Truworths International (NAM:TRW) has a Altman Z-Score of 4.31 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Truworths International and its competitors. This is 13% below median its historical median of 4.93. Over the past decade, Truworths International's Altman Z-Score has ranged from 3.06 to 6.19. According to the industry distribution chart, Truworths International ranks #298 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 26.8%.
Is Truworths International's Altman Z-Score too high?
Truworths International's current Altman Z-Score of 4.31 is 13% below median its 10-year median of 4.93. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 6.19. The Retail - Cyclical industry median Altman Z-Score is 2.72. Truworths International's value of 4.31 is 58.5% above this industry median. Based on the distribution chart, Truworths International ranks #298 out of 1113 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Truworths International has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Truworths International's Altman Z-Score compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Truworths International ranks #298 out of 1113 companies for Altman Z-Score. This puts Truworths International in the upper half of its industry. The industry median Altman Z-Score is 2.72. Truworths International's value of 4.31 is 58.5% above this benchmark. Historically, Truworths International's own Altman Z-Score has ranged from 3.06 to 6.19 over the past decade. While the company's 10-year median is 4.93 vs. the industry median of 2.72, Truworths International 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 2.72, based on 1,113 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. Truworths International's current Altman Z-Score of 4.31 is 58.5% 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 Truworths International and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Truworths International's current Altman Z-Score is 4.31, which is 13% below median its own 10-year median of 4.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truworths International stock overvalued right now?
Based on GuruFocus' analysis, Truworths International (NAM:TRW) is currently considered Modestly Undervalued. The stock's GF Value™ is R80.21, compared to a current price of R56.60 — trading 29.4% below its estimated fair value. The current Altman Z-Score is 4.31, which is 13% below median its 10-year median of 4.93 and 58.5% above the Retail - Cyclical industry median of 2.72. Truworths International's overall GF Score™ is 88/100 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 Truworths International (NAM:TRW), the current Altman Z-Score is 4.31 as of Jul. 01, 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 Truworths International (NAM:TRW) Overvalued in 2026?
Based on GuruFocus' analysis, Truworths International stock appears to be undervalued.
The current stock price of R56.60 is trading 29.4% below its estimated GF Value™ of R80.21.
GuruFocus considers Truworths International to be Modestly Undervalued.
Key valuation signals for NAM:TRW:
Altman Z-Score: 4.31 (13% below median its 10-year median of 4.93)
GF Value™: R80.21 vs. price of R56.60 (29.4% below fair value)
Industry Position: 58.5% above the Retail - Cyclical median (#298 of 1113)
No single metric tells the full story. See the NAM:TRW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Truworths International Ltd is an investment holding company. The company, along with its subsidiaries, manufactures and retails branded fashion clothing, footwear, homeware, cosmetics, hair and skin care products, and related merchandise through physical stores and online shopping. Its segments are i) The Truworths Africa: comprises the company's retail and e-commerce operations in Africa, through which it sells fashion apparel, footwear, other fashion products, and homeware. and ii) the Office UK business unit: comprises the footwear retail activities conducted by the company through stores, concession outlets, wholesale partnerships and an e-commerce channel in the United Kingdom and the Republic of Ireland. The majority of revenue is derived from the Truworths Africa business unit.
88GF Score
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