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 5.57 is strong.
HRC World has a Altman Z-Score of 5.57, 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 HRC World's Altman Z-Score or its related term are showing as below:
OCSE:HRC'
s Altman Z-Score Range Over the Past 10 Years
Min: -127.19 Med: 84.62 Max: 256.05
Current: 5.57
During the past 9 years, HRC World's highest Altman Z-Score was 256.05. The lowest was -127.19. And the median was 84.62.
HRC World (OCSE:HRC) 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.
Altman Z-Score does not apply to financial companies.
HRC World Altman Z-Score Related Terms
HRC World Altman Z-Score Historical Data
* Premium members only.
The historical data trend for HRC World'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.
OCSE:HRC vs MCD, SBUX, CMG: Altman Z-Score Comparison
For the Restaurants subindustry, HRC World'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.
HRC World Altman Z-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, HRC World's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where HRC World'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.
HRC World'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
*
0.3909
+
1.4
*
-0.1568
+
3.3
*
-0.0112
+
0.6
*
8.5148
+
1.0
*
0.2486
=
5.57
* 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.
HRC World (OCSE:HRC) has a Altman Z-Score of 5.57 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on HRC World and its competitors. This is 93% below median its historical median of 84.62.
Is HRC World's Altman Z-Score too high?
HRC World's current Altman Z-Score of 5.57 is 93% below median its 10-year median of 84.62. The Restaurants industry median Altman Z-Score is 2.25. HRC World's value of 5.57 is 147.6% above this industry median. Overall, HRC World has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does HRC World's Altman Z-Score compare to MCD and SBUX?
HRC World's Altman Z-Score of 5.57 can be compared against companies in the Restaurants industry. The industry median Altman Z-Score is 2.25. HRC World's value of 5.57 is 147.6% above this benchmark. While the company's 10-year median is 84.62 vs. the industry median of 2.25, HRC World 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 Restaurants company?
The median Altman Z-Score among Restaurants companies is 2.25, based on 359 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. HRC World's current Altman Z-Score of 5.57 is 147.6% 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 HRC World and its competitors. For the Restaurants industry, the median Altman Z-Score is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HRC World's current Altman Z-Score is 5.57, which is 93% below median its own 10-year median of 84.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HRC World stock overvalued right now?
HRC World (OCSE:HRC) has a current Altman Z-Score of 5.57. The stock's GF Value™ is kr29.98, compared to a current price of kr0.79 — trading 97.4% below its estimated fair value. The current Altman Z-Score is 5.57, which is 93% below median its 10-year median of 84.62 and 147.6% above the Restaurants industry median of 2.25. HRC World's overall GF Score™ is 8/100 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 HRC World (OCSE:HRC), the current Altman Z-Score is 5.57 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 HRC World (OCSE:HRC) Overvalued in 2026?
Based on GuruFocus' analysis, HRC World stock appears to be undervalued.
The current stock price of kr0.79 is trading 97.4% below its estimated GF Value™ of kr29.98.
Key valuation signals for OCSE:HRC:
Altman Z-Score: 5.57 (93% below median its 10-year median of 84.62)
GF Value™: kr29.98 vs. price of kr0.79 (97.4% below fair value)
Industry Position: 147.6% above the Restaurants median
No single metric tells the full story. See the OCSE:HRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HRC World PLC acts as a holding company with a subsidiary company providing restaurant management services to companies engaged in the quality food and beverage business. The company's only segment is development and offering restaurant management services within the hospitality sector. The company focuses on managing restaurant marketing and promotion support services; tourist-based customer acquisition services; and music & event-based revenue development.
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