SDWHF (Soundwill Holdings) Altman Z-Score: 1.34 (As of Jun. 27, 2026) — Near Median


SDWHF Soundwill Holdings Ltd SDWHF
34 GF Score
Price $0.87
GF Value $0.52
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Soundwill Holdings Altman Z-Score?

Soundwill Holdings SDWHF 34 Altman Z-Score is 1.34 as of Jun. 27, 2026, which is 1% below its 10-year median of 1.35. GuruFocus rates SDWHF with a GF Score™ of 34/100 and a GF Value™ of $0.52 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,731 Real Estate companies, Soundwill Holdings ranks better than 52.11% 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 1.35 is in distress zone. This implies bankruptcy possibility in the next two years.

Soundwill Holdings has a Altman Z-Score of 1.34, 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 Soundwill Holdings's Altman Z-Score or its related term are showing as below:

SDWHF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.69   Med: 1.35   Max: 1.71
Current: 1.35

During the past 13 years, Soundwill Holdings's highest Altman Z-Score was 1.71. The lowest was 0.69. And the median was 1.35.


Soundwill Holdings  (OTCPK:SDWHF) 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.


Soundwill Holdings Altman Z-Score Related Terms


Soundwill Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Soundwill Holdings'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.

Soundwill Holdings Altman Z-Score Chart

Soundwill Holdings 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 1.58 1.62 1.59 1.25 1.34

Soundwill Holdings Semi-Annual Data
Jun16 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 Premium Member Only 1.59 0.00 1.25 0.00 1.34

SDWHF vs CBRE, BEKE: Altman Z-Score Comparison

For the Real Estate Services subindustry, Soundwill Holdings'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.


Soundwill Holdings Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Soundwill Holdings's Altman Z-Score distribution charts can be found below:

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


SDWHF
34GF Score
Soundwill Holdings Ltd SDWHF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Soundwill Holdings 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.

Soundwill Holdings'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*0.1063+1.4*0.8137+3.3*-0.1307+0.6*0.8002+1.0*0.0227
=1.34

* 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 Dec. 2025:
Total Assets was $2,027.42 Mil.
Total Current Assets was $319.07 Mil.
Total Current Liabilities was $103.54 Mil.
Retained Earnings was $1,649.69 Mil.
Pre-Tax Income was $-271.19 Mil.
Interest Expense was $-6.23 Mil.
Revenue was $46.04 Mil.
Market Cap (Today) was $228.73 Mil.
Total Liabilities was $285.83 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
=(319.066 - 103.544)/2027.416
=0.1063

X2=Retained Earnings/Total Assets
=1649.689/2027.416
=0.8137

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-271.192 - -6.233)/2027.416
=-0.1307

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=228.725/285.833
=0.8002

X5=Revenue/Total Assets
=46.042/2027.416
=0.0227

The zones of discrimination were as such:

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

Soundwill Holdings has a Altman Z-Score of 1.34 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 1.34 mean?
Soundwill Holdings (SDWHF) has a Altman Z-Score of 1.34 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Soundwill Holdings and its competitors. This is near median its historical median of 1.35. Over the past decade, Soundwill Holdings' Altman Z-Score has ranged from 0.69 to 1.71. According to the industry distribution chart, Soundwill Holdings ranks #829 out of 1731 companies in the Real Estate industry, placing it in the top 47.9%.
Is Soundwill Holdings' Altman Z-Score too high?
Soundwill Holdings' current Altman Z-Score of 1.34 is near median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.71. The Real Estate industry median Altman Z-Score is 1.30. Soundwill Holdings' value of 1.34 is 3.1% above this industry median. Based on the distribution chart, Soundwill Holdings ranks #829 out of 1731 companies in the Real Estate industry, which is above the industry midpoint. Overall, Soundwill Holdings has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Soundwill Holdings' Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Soundwill Holdings ranks #829 out of 1731 companies for Altman Z-Score. This puts Soundwill Holdings in the upper half of its industry. The industry median Altman Z-Score is 1.30. Soundwill Holdings' value of 1.34 is 3.1% above this benchmark. Historically, Soundwill Holdings' own Altman Z-Score has ranged from 0.69 to 1.71 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.30, Soundwill Holdings 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.30, based on 1,731 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. Soundwill Holdings's current Altman Z-Score of 1.34 is 3.1% 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 Soundwill Holdings and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soundwill Holdings's current Altman Z-Score is 1.34, which is near median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soundwill Holdings stock overvalued right now?
Based on GuruFocus' analysis, Soundwill Holdings (SDWHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.52, compared to a current price of $0.87 — trading 67.6% above its estimated fair value. The current Altman Z-Score is 1.34, which is near median its 10-year median of 1.35 and 3.1% above the Real Estate industry median of 1.30. Soundwill Holdings' overall GF Score™ is 34/100 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 Soundwill Holdings (SDWHF), the current Altman Z-Score is 1.34 as of Jun. 27, 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 Soundwill Holdings (SDWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Soundwill Holdings stock appears to be overvalued. The current stock price of $0.87 is trading 67.6% above its estimated GF Value™ of $0.52. GuruFocus considers Soundwill Holdings to be Significantly Overvalued.

Key valuation signals for SDWHF:

  • Altman Z-Score: 1.34 (near median its 10-year median of 1.35)
  • GF Value™: $0.52 vs. price of $0.87 (67.6% above fair value)
  • GF Score™: 34/100 with 8 warning signs
  • Industry Position: 3.1% above the Real Estate median (#829 of 1731)

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


Soundwill Holdings Business Description

Other Exchanges 00878:Hong Kong
Address No. 38 Russell Street, 21st Floor, Soundwill Plaza, Causeway Bay, Hong Kong, HKG
Soundwill Holdings Ltd is engaged in the real estate business. The investment properties held by the Group include commercial, office, and residential buildings, as well as advertising spaces. The group focuses on the development of medium to high-end commercial and residential complexes. The group segments are Property development, Property leasing, and Building management and other services. It derives maximum revenue from the Property Development segment. Geographically, the company operates in Hong Kong and Mainland China.
34GF Score

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

$0.87
Price
$0.52
GF Value