Stella International HoldingsSLNLF 81 Altman Z-Score is 5.19 as of Jun. 25, 2026, which is 7% above its 10-year median of 4.84. GuruFocus rates SLNLF with a GF Score™ of 81/100 and a GF Value™ of $1.56. The stock has 4 warning signs investors should review. Among 1,034 Manufacturing - Apparel & Accessories companies, Stella International Holdings ranks better than 82.5% 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.
Good Sign:
Altman Z-score of 5.23 is strong.
Stella International Holdings has a Altman Z-Score of 5.19, 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 Stella International Holdings's Altman Z-Score or its related term are showing as below:
SLNLF'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.9 Med: 4.84 Max: 6.57
Current: 5.23
During the past 13 years, Stella International Holdings's highest Altman Z-Score was 6.57. The lowest was 3.90. And the median was 4.84.
Stella International Holdings (OTCPK:SLNLF) 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.
* 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.
Stella International Holdings Altman Z-Score Chart
SLNLF vs NKE, DECK, ONON: Altman Z-Score Comparison
For the Footwear & Accessories subindustry, Stella International 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.
Stella International Holdings Altman Z-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Stella International Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Stella International Holdings's Altman Z-Score falls into.
Stella International 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.
* 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.
Stella International Holdings (SLNLF) has a Altman Z-Score of 5.19 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Stella International Holdings and its competitors. This is near median its historical median of 4.84. Over the past decade, Stella International Holdings' Altman Z-Score has ranged from 3.90 to 6.57. According to the industry distribution chart, Stella International Holdings ranks #181 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.5%.
Is Stella International Holdings' Altman Z-Score too high?
Stella International Holdings' current Altman Z-Score of 5.19 is near median its 10-year median of 4.84. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 6.57. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.51. Stella International Holdings' value of 5.19 is 106.8% above this industry median. Based on the distribution chart, Stella International Holdings ranks #181 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Stella International Holdings has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Stella International Holdings' Altman Z-Score compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Stella International Holdings ranks #181 out of 1034 companies for Altman Z-Score. This places Stella International Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.51. Stella International Holdings' value of 5.19 is 106.8% above this benchmark. Historically, Stella International Holdings' own Altman Z-Score has ranged from 3.90 to 6.57 over the past decade. While the company's 10-year median is 4.84 vs. the industry median of 2.51, Stella International 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.51, based on 1,034 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. Stella International Holdings's current Altman Z-Score of 5.19 is 106.8% 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 Stella International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stella International Holdings's current Altman Z-Score is 5.19, which is near median its own 10-year median of 4.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stella International Holdings stock overvalued right now?
Stella International Holdings (SLNLF) has a current Altman Z-Score of 5.19. The stock's GF Value™ is $1.56, compared to a current price of $1.41 — trading 9.6% below its estimated fair value. The current Altman Z-Score is 5.19, which is near median its 10-year median of 4.84 and 106.8% above the Manufacturing - Apparel & Accessories industry median of 2.51. Stella International Holdings' overall GF Score™ is 81/100 with 4 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 Stella International Holdings (SLNLF), the current Altman Z-Score is 5.19 as of Jun. 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 Stella International Holdings (SLNLF) Overvalued in 2026?
Based on GuruFocus' analysis, Stella International Holdings stock appears to be undervalued.
The current stock price of $1.41 is trading 9.6% below its estimated GF Value™ of $1.56.
Key valuation signals for SLNLF:
Altman Z-Score: 5.19 (near median its 10-year median of 4.84)
GF Value™: $1.56 vs. price of $1.41 (9.6% below fair value)
Industry Position: 106.8% above the Manufacturing - Apparel & Accessories median (#181 of 1034)
No single metric tells the full story. See the SLNLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stella International Holdings Business Description
Stella International Holdings Ltd, along with its subsidiaries, designs and manufactures footwear and leather goods, which are sold to consumers under its brand names. Stella's clients include many of the world's top casual footwear companies as well as several prominent fashion and high-fashion companies and brands. It operates in two reportable segments: Manufacturing, and Retailing and Wholesaling. The Manufacturing segment, which generates the maximum revenue, engages in the sale and manufacture of footwear and handbags. The Retailing and Wholesaling segment engages in the sale of products of self-developed brands. Geographically, the Group generates maximum revenue from North America, and the rest from Europe, PRC, Asia (excluding PRC), and other countries.
81GF Score
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