Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
OwletOWLT +3.54%63 Altman Z-Score is -1.89 as of Aug. 25, 2026. GuruFocus rates OWLT with a GF Score™ of 63/100 and a GF Value™ of $3.60 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 806 Medical Devices & Instruments companies, Owlet ranks worse than 83.75% 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 -1.58 is in distress zone. This implies bankruptcy possibility in the next two years.
Owlet has a Altman Z-Score of -1.89, 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 Owlet's Altman Z-Score or its related term are showing as below:
OWLT'
s Altman Z-Score Range Over the Past 10 Years
Min: -10.26 Med: -5.38 Max: 4.34
Current: -1.58
During the past 6 years, Owlet's highest Altman Z-Score was 4.34. The lowest was -10.26. And the median was -5.38.
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.
Owlet Altman Z-Score Related Terms
Owlet Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Owlet'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.
OWLT vs RCEL, APYX, INGN: Altman Z-Score Comparison
For the Medical Devices subindustry, Owlet'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.
Owlet Altman Z-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Owlet's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Owlet'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.
Owlet'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
*
0.3686
+
1.4
*
-3.3234
+
3.3
*
-0.0654
+
0.6
*
2.1802
+
1.0
*
1.228
=
-1.89
* 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.
Owlet (OWLT) has a Altman Z-Score of -1.89 as of Aug. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Owlet and its competitors. According to the industry distribution chart, Owlet ranks #675 out of 806 companies in the Medical Devices & Instruments industry, placing it in the top 83.7%.
Is Owlet's Altman Z-Score too high?
Owlet's current Altman Z-Score is -1.89. Based on the distribution chart, Owlet ranks #675 out of 806 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Owlet has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Owlet's Altman Z-Score compare to RCEL and APYX?
According to the Medical Devices & Instruments industry distribution chart, Owlet ranks #675 out of 806 companies for Altman Z-Score. This places Owlet in the lower half of its industry. The industry median Altman Z-Score is 3.08. 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 Medical Devices & Instruments company?
The median Altman Z-Score among Medical Devices & Instruments companies is 3.08, based on 806 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. 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 Owlet and its competitors. For the Medical Devices & Instruments industry, the median Altman Z-Score is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Owlet's current Altman Z-Score is -1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Owlet stock overvalued right now?
Based on GuruFocus' analysis, Owlet (OWLT) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.60, compared to a current price of $5.26 — trading 46.1% above its estimated fair value. The current Altman Z-Score is -1.89. Owlet's overall GF Score™ is 63/100 with 5 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 Owlet (OWLT), the current Altman Z-Score is -1.89 as of Aug. 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 Owlet (OWLT) Overvalued in 2026?
Based on GuruFocus' analysis, Owlet stock appears to be overvalued.
The current stock price of $5.26 is trading 46.1% above its estimated GF Value™ of $3.60.
GuruFocus considers Owlet to be Significantly Overvalued.
Key valuation signals for OWLT:
Altman Z-Score: -1.89
GF Value™: $3.60 vs. price of $5.26 (46.1% above fair value)
No single metric tells the full story. See the OWLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Owlet Inc is engaged in providing a digital parenting platform that aims to give parents real-time data and insights to help parents feel more calm and confident. Its diversified portfolio of products includes Owlet Smart Sock, the first baby monitor to track an infant's oxygen levels, heart rate, and sleep trends; the Owlet Cam, which turns any smartphone into a baby monitor with high-definition clarity; the Owlet Monitor Duo, which offers the intelligence of the Owlet Smart Sock paired with the Owlet Cam; and Owlet Dream Lab, an interactive online program designed to be a parent's guide to building healthy sleep habits for their infants.
63GF Score
Get the complete analysis for OWLT
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OWLT has been successfully added to your 
