SFRGF (Salvatore Ferragamo SpA) Altman Z-Score: 1.62 (As of Jun. 27, 2026) — 48% Below Median


SFRGF Salvatore Ferragamo SpA SFRGF
65 GF Score
Price $8.90
GF Value $8.29
Valuation Fairly Valued
! 7 Warning Signs
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What is Salvatore Ferragamo SpA Altman Z-Score?

Salvatore Ferragamo SpA SFRGF 65 Altman Z-Score is 1.62 as of Jun. 27, 2026, which is 48% below its 10-year median of 3.12. GuruFocus rates SFRGF with a GF Score™ of 65/100 and a GF Value™ of $8.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Salvatore Ferragamo SpA ranks worse than 67.5% 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 1.88 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.

Salvatore Ferragamo SpA has a Altman Z-Score of 1.62, 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 Salvatore Ferragamo SpA's Altman Z-Score or its related term are showing as below:

SFRGF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.31   Med: 3.12   Max: 7.44
Current: 1.88

During the past 13 years, Salvatore Ferragamo SpA's highest Altman Z-Score was 7.44. The lowest was 1.31. And the median was 3.12.


Salvatore Ferragamo SpA  (OTCPK:SFRGF) 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.


Salvatore Ferragamo SpA Altman Z-Score Related Terms


Salvatore Ferragamo SpA Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Salvatore Ferragamo SpA'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.

Salvatore Ferragamo SpA Altman Z-Score Chart

Salvatore Ferragamo SpA 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 3.46 3.15 2.20 1.31 1.69

Salvatore Ferragamo SpA 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 2.20 1.11 1.31 0.00 1.69

SFRGF vs TPR, SIG: Altman Z-Score Comparison

For the Luxury Goods subindustry, Salvatore Ferragamo SpA'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.


Salvatore Ferragamo SpA Altman Z-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Salvatore Ferragamo SpA's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Salvatore Ferragamo SpA's Altman Z-Score falls into.


SFRGF
65GF Score
Salvatore Ferragamo SpA SFRGF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Salvatore Ferragamo SpA 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.

Salvatore Ferragamo SpA'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*0.1799+1.4*-0.0075+3.3*-0.0184+0.6*1.381+1.0*0.6491
=1.62

* 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 $1,762 Mil.
Total Current Assets was $784 Mil.
Total Current Liabilities was $467 Mil.
Retained Earnings was $-13 Mil.
Pre-Tax Income was $-61 Mil.
Interest Expense was $-29 Mil.
Revenue was $1,143 Mil.
Market Cap (Today) was $1,475 Mil.
Total Liabilities was $1,068 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
=(784 - 466.989)/1761.691
=0.1799

X2=Retained Earnings/Total Assets
=-13.228/1761.691
=-0.0075

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-61.475 - -29.104)/1761.691
=-0.0184

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1474.886/1068.008
=1.381

X5=Revenue/Total Assets
=1143.479/1761.691
=0.6491

The zones of discrimination were as such:

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

Salvatore Ferragamo SpA has a Altman Z-Score of 1.62 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 1.62 mean?
Salvatore Ferragamo SpA (SFRGF) has a Altman Z-Score of 1.62 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Salvatore Ferragamo SpA and its competitors. This is 48% below median its historical median of 3.12. Over the past decade, Salvatore Ferragamo SpA's Altman Z-Score has ranged from 1.31 to 7.44. According to the industry distribution chart, Salvatore Ferragamo SpA ranks #754 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 67.5%.
Is Salvatore Ferragamo SpA's Altman Z-Score too high?
Salvatore Ferragamo SpA's current Altman Z-Score of 1.62 is 48% below median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 7.44. The Retail - Cyclical industry median Altman Z-Score is 2.73. Salvatore Ferragamo SpA's value of 1.62 is 40.7% below this industry median. Based on the distribution chart, Salvatore Ferragamo SpA ranks #754 out of 1117 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Salvatore Ferragamo SpA has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Salvatore Ferragamo SpA's Altman Z-Score compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Salvatore Ferragamo SpA ranks #754 out of 1117 companies for Altman Z-Score. This places Salvatore Ferragamo SpA in the lower half of its industry. The industry median Altman Z-Score is 2.73. Salvatore Ferragamo SpA's value of 1.62 is 40.7% below this benchmark. Historically, Salvatore Ferragamo SpA's own Altman Z-Score has ranged from 1.31 to 7.44 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 2.73, Salvatore Ferragamo SpA has consistently been below 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 2.73, based on 1,117 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. Salvatore Ferragamo SpA's current Altman Z-Score of 1.62 is 40.7% below 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 Salvatore Ferragamo SpA and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salvatore Ferragamo SpA's current Altman Z-Score is 1.62, which is 48% below median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salvatore Ferragamo SpA stock overvalued right now?
Based on GuruFocus' analysis, Salvatore Ferragamo SpA (SFRGF) is currently considered Fairly Valued. The stock's GF Value™ is $8.29, compared to a current price of $8.90 — trading 7.4% above its estimated fair value. The current Altman Z-Score is 1.62, which is 48% below median its 10-year median of 3.12 and 40.7% below the Retail - Cyclical industry median of 2.73. Salvatore Ferragamo SpA's overall GF Score™ is 65/100 with 7 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 Salvatore Ferragamo SpA (SFRGF), the current Altman Z-Score is 1.62 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 Salvatore Ferragamo SpA (SFRGF) Overvalued in 2026?

Based on GuruFocus' analysis, Salvatore Ferragamo SpA stock appears to be overvalued. The current stock price of $8.90 is trading 7.4% above its estimated GF Value™ of $8.29. GuruFocus considers Salvatore Ferragamo SpA to be Fairly Valued.

Key valuation signals for SFRGF:

  • Altman Z-Score: 1.62 (48% below median its 10-year median of 3.12)
  • GF Value™: $8.29 vs. price of $8.90 (7.4% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 40.7% below the Retail - Cyclical median (#754 of 1117)

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


Salvatore Ferragamo SpA Business Description

Address Via dei Tornabuoni 2, Firenze, ITA, 50123
Founded in 1927, Salvatore Ferragamo is an Italian monobrand company known for its footwear and accessories. The company generates about 45% of revenue in the fragmented footwear category, 40% in leather goods, 6% in apparel, and 7% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 28% of sales and other emerging markets (8% of sales in Central and South America). Ferragamo generates 24% of revenue in Europe, 30% in the US, and 8% in Japan.
65GF Score

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

$8.90
Price
$8.29
GF Value