Sigma HealthcareSIGGF 59 Altman Z-Score is 42.53 as of Jun. 27, 2026, which is 1181% above its 10-year median of 3.32. GuruFocus rates SIGGF with a GF Score™ of 59/100 and a GF Value™ of $0.31. The stock has 8 warning signs investors should review. Among 119 Medical Distribution companies, Sigma Healthcare ranks better than 97.48% 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.
Good Sign:
Altman Z-score of 41.23 is strong.
Sigma Healthcare has a Altman Z-Score of 42.53, 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 Sigma Healthcare's Altman Z-Score or its related term are showing as below:
SIGGF'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.52 Med: 3.32 Max: 41.23
Current: 41.23
During the past 13 years, Sigma Healthcare's highest Altman Z-Score was 41.23. The lowest was 2.52. And the median was 3.32.
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.
Sigma Healthcare Altman Z-Score Related Terms
Sigma Healthcare Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Sigma Healthcare'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.
For the Medical Distribution subindustry, Sigma Healthcare'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.
Sigma Healthcare Altman Z-Score vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Sigma Healthcare's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sigma Healthcare'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.
Sigma Healthcare'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
*
0.3906
+
1.4
*
-0.5551
+
3.3
*
0.0201
+
0.6
*
65.7997
+
1.0
*
3.2882
=
42.53
* 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.
Sigma Healthcare (SIGGF) has a Altman Z-Score of 42.53 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sigma Healthcare and its competitors. This is 1181% above median its historical median of 3.32. Over the past decade, Sigma Healthcare's Altman Z-Score has ranged from 2.52 to 41.23. According to the industry distribution chart, Sigma Healthcare ranks #3 out of 119 companies in the Medical Distribution industry, placing it in the top 2.5%.
Is Sigma Healthcare's Altman Z-Score too high?
Sigma Healthcare's current Altman Z-Score of 42.53 is 1181% above median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 41.23. The Medical Distribution industry median Altman Z-Score is 2.55. Sigma Healthcare's value of 42.53 is 1567.8% above this industry median. Based on the distribution chart, Sigma Healthcare ranks #3 out of 119 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Sigma Healthcare has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Sigma Healthcare's Altman Z-Score compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Sigma Healthcare ranks #3 out of 119 companies for Altman Z-Score. This places Sigma Healthcare in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.55. Sigma Healthcare's value of 42.53 is 1567.8% above this benchmark. Historically, Sigma Healthcare's own Altman Z-Score has ranged from 2.52 to 41.23 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 2.55, Sigma Healthcare 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 Medical Distribution company?
The median Altman Z-Score among Medical Distribution companies is 2.55, based on 119 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. Sigma Healthcare's current Altman Z-Score of 42.53 is 1567.8% 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 Sigma Healthcare and its competitors. For the Medical Distribution industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sigma Healthcare's current Altman Z-Score is 42.53, which is 1181% above median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Healthcare stock overvalued right now?
Sigma Healthcare (SIGGF) has a current Altman Z-Score of 42.53. The stock's GF Value™ is $0.31, compared to a current price of $2.35 — trading 657.4% above its estimated fair value. The current Altman Z-Score is 42.53, which is 1181% above median its 10-year median of 3.32 and 1567.8% above the Medical Distribution industry median of 2.55. Sigma Healthcare's overall GF Score™ is 59/100 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 Sigma Healthcare (SIGGF), the current Altman Z-Score is 42.53 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 Sigma Healthcare (SIGGF) Overvalued in 2026?
Based on GuruFocus' analysis, Sigma Healthcare stock appears to be overvalued.
The current stock price of $2.35 is trading 657.4% above its estimated GF Value™ of $0.31.
Key valuation signals for SIGGF:
Altman Z-Score: 42.53 (1181% above median its 10-year median of 3.32)
GF Value™: $0.31 vs. price of $2.35 (657.4% above fair value)
Industry Position: 1567.8% above the Medical Distribution median (#3 of 119)
No single metric tells the full story. See the SIGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sigma Healthcare is Australia's largest retail pharmacy franchisor, most notably owning the Chemist Warehouse brand, which it merged with in 2025. Sigma is also Australia's largest full-line wholesaler to franchised and independent pharmacies and distributes a broad range of pharmacy products, including prescription medicines, over-the-counter products, and front of store, or FOS, products, at low prices. The group also operates in New Zealand, Ireland, China, and Dubai, has a growing private label range, and offers third-party logistics services.
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