RLLWF (Reliance Worldwide) Altman Z-Score: 2.86 (As of Jun. 26, 2026) — Near Median


RLLWF Reliance Worldwide Corp Ltd RLLWF
82 GF Score
Price $2.55
GF Value $3.06
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Reliance Worldwide Altman Z-Score?

Reliance Worldwide RLLWF 82 Altman Z-Score is 2.86 as of Jun. 26, 2026, which is 5% below its 10-year median of 3.01. GuruFocus rates RLLWF with a GF Score™ of 82/100 and a GF Value™ of $3.06 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,758 Construction companies, Reliance Worldwide ranks better than 59.61% 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 2.77 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Reliance Worldwide has a Altman Z-Score of 2.86, indicating it is in Grey Zones. This implies that Reliance Worldwide is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Reliance Worldwide's Altman Z-Score or its related term are showing as below:

RLLWF' s Altman Z-Score Range Over the Past 10 Years
Min: 2.75   Med: 3.01   Max: 5.31
Current: 2.77

During the past 9 years, Reliance Worldwide's highest Altman Z-Score was 5.31. The lowest was 2.75. And the median was 3.01.


Reliance Worldwide  (OTCPK:RLLWF) 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.


Reliance Worldwide Altman Z-Score Related Terms


Reliance Worldwide Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Reliance Worldwide'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.

Reliance Worldwide Altman Z-Score Chart

Reliance Worldwide Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 5.31 2.75 3.01 2.95 2.95

Reliance Worldwide Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 2.95 0.00 2.95 0.00

RLLWF vs TT, JCI, CARR: Altman Z-Score Comparison

For the Building Products & Equipment subindustry, Reliance Worldwide'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.


Reliance Worldwide Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Reliance Worldwide's Altman Z-Score distribution charts can be found below:

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


RLLWF
82GF Score
Reliance Worldwide Corp Ltd RLLWF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Worldwide 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.

Reliance Worldwide'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*0.1699+1.4*0.226+3.3*0.0902+0.6*2.4037+1.0*0.5978
=2.86

* 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 Jun. 2025:
Total Assets was $2,199 Mil.
Total Current Assets was $590 Mil.
Total Current Liabilities was $216 Mil.
Retained Earnings was $497 Mil.
Pre-Tax Income was $174 Mil.
Interest Expense was $-25 Mil.
Revenue was $1,315 Mil.
Market Cap (Today) was $1,945 Mil.
Total Liabilities was $809 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
=(589.934 - 216.229)/2199.114
=0.1699

X2=Retained Earnings/Total Assets
=496.984/2199.114
=0.226

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(173.529 - -24.787)/2199.114
=0.0902

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1944.745/809.062
=2.4037

X5=Revenue/Total Assets
=1314.684/2199.114
=0.5978

The zones of discrimination were as such:

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

Reliance Worldwide has a Altman Z-Score of 2.86 indicating it is in Grey 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 2.86 mean?
Reliance Worldwide (RLLWF) has a Altman Z-Score of 2.86 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Reliance Worldwide and its competitors. This is near median its historical median of 3.01. Over the past decade, Reliance Worldwide's Altman Z-Score has ranged from 2.75 to 5.31. According to the industry distribution chart, Reliance Worldwide ranks #710 out of 1758 companies in the Construction industry, placing it in the top 40.4%.
Is Reliance Worldwide's Altman Z-Score too high?
Reliance Worldwide's current Altman Z-Score of 2.86 is near median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 5.31. The Construction industry median Altman Z-Score is 2.35. Reliance Worldwide's value of 2.86 is 21.7% above this industry median. Based on the distribution chart, Reliance Worldwide ranks #710 out of 1758 companies in the Construction industry, which is above the industry midpoint. Overall, Reliance Worldwide has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Worldwide's Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, Reliance Worldwide ranks #710 out of 1758 companies for Altman Z-Score. This puts Reliance Worldwide in the upper half of its industry. The industry median Altman Z-Score is 2.35. Reliance Worldwide's value of 2.86 is 21.7% above this benchmark. Historically, Reliance Worldwide's own Altman Z-Score has ranged from 2.75 to 5.31 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 2.35, Reliance Worldwide 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 Construction company?
The median Altman Z-Score among Construction companies is 2.35, based on 1,758 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. Reliance Worldwide's current Altman Z-Score of 2.86 is 21.7% 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 Reliance Worldwide and its competitors. For the Construction industry, the median Altman Z-Score is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Worldwide's current Altman Z-Score is 2.86, which is near median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Reliance Worldwide (RLLWF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.06, compared to a current price of $2.55 — trading 16.7% below its estimated fair value. The current Altman Z-Score is 2.86, which is near median its 10-year median of 3.01 and 21.7% above the Construction industry median of 2.35. Reliance Worldwide's overall GF Score™ is 82/100 with 6 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 Reliance Worldwide (RLLWF), the current Altman Z-Score is 2.86 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.

Is Reliance Worldwide (RLLWF) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Worldwide stock appears to be undervalued. The current stock price of $2.55 is trading 16.7% below its estimated GF Value™ of $3.06. GuruFocus considers Reliance Worldwide to be Modestly Undervalued.

Key valuation signals for RLLWF:

  • Altman Z-Score: 2.86 (near median its 10-year median of 3.01)
  • GF Value™: $3.06 vs. price of $2.55 (16.7% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 21.7% above the Construction median (#710 of 1758)

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


Reliance Worldwide Business Description

Other Exchanges 0EU:GermanyRWC:Australia
Address 140 William Street, Level 32, Melbourne, VIC, AUS, 3000
Reliance manufactures behind-the-wall plumbing products, which include fittings, pipes, valves, fluid dispensers, pipe systems, and appliance connectors. Its main segment is the US, which comprises about two-thirds of our midcycle EBITDA estimates. Other segments include EMEA and the Asia-Pacific, which contribute about 15% and 20%, respectively, of our midcycle EBITDA estimates. The firm is best known for its push-to-connect products, including the brands SharkBite in the US and John Guest in the United Kingdom. Reliance's primary target segment is the do-it-yourself market. Smaller sales segments include residential and commercial construction, and hot water system manufacturers, which use some Reliance products in manufacturing.
82GF Score

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

$2.55
Price
$3.06
GF Value