Hawkins (STU:HWK) Altman Z-Score: 5.55 (As of Aug. 25, 2026) — 19% Above Median

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STU:HWK Hawkins Inc STU:HWK
89 GF Score
Price €99.85
GF Value €120.10
! 3 Warning Signs
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What is Hawkins Altman Z-Score?

Hawkins STU:HWK -1.72% 89 Altman Z-Score is 5.55 as of Aug. 25, 2026, which is 19% above its 10-year median of 4.67. GuruFocus rates STU:HWK with a GF Score™ of 89/100 and a GF Value™ of €120.10. The stock has 3 warning signs investors should review. Among 1,570 Chemicals companies, Hawkins ranks better than 75.1% 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 5.62 is strong.

Hawkins has a Altman Z-Score of 5.55, 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 Hawkins's Altman Z-Score or its related term are showing as below:

STU:HWK' s Altman Z-Score Range Over the Past 10 Years
Min: 3.13   Med: 4.67   Max: 9.39
Current: 5.62

During the past 13 years, Hawkins's highest Altman Z-Score was 9.39. The lowest was 3.13. And the median was 4.67.


Hawkins  (STU:HWK) 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.


Hawkins Altman Z-Score Related Terms


Hawkins Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hawkins'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.

Hawkins Altman Z-Score Chart

Hawkins Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.85 5.36 6.69 7.02 6.60

Hawkins Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.77 7.09 6.23 6.60 6.25

STU:HWK vs FUL, ASH, WDFC: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Hawkins'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.


Hawkins Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hawkins's Altman Z-Score distribution charts can be found below:

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


STU:HWK
89GF Score
Hawkins Inc STU:HWK
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Hawkins 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.

Hawkins'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*0.1383+1.4*0.5212+3.3*0.1188+0.6*5.2927+1.0*1.0893
=5.55

* 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. 2026:
Total Assets was €873.4 Mil.
Total Current Assets was €215.9 Mil.
Total Current Liabilities was €95.1 Mil.
Retained Earnings was €455.2 Mil.
Pre-Tax Income was 32.397 + 17.234 + 16.722 + 26.266 = €92.6 Mil.
Interest Expense was -2.407 + -2.571 + -2.933 + -3.265 = €-11.2 Mil.
Revenue was 274.006 + 230.012 + 208.444 + 238.93 = €951.4 Mil.
Market Cap (Today) was €2,104.3 Mil.
Total Liabilities was €397.6 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
=(215.94 - 95.145)/873.419
=0.1383

X2=Retained Earnings/Total Assets
=455.201/873.419
=0.5212

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(92.619 - -11.176)/873.419
=0.1188

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2104.273/397.578
=5.2927

X5=Revenue/Total Assets
=951.392/873.419
=1.0893

The zones of discrimination were as such:

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

Hawkins has a Altman Z-Score of 5.55 indicating it is in Safe 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 5.55 mean?
Hawkins (STU:HWK) has a Altman Z-Score of 5.55 as of Aug. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hawkins and its competitors. This is 19% above median its historical median of 4.67. Over the past decade, Hawkins' Altman Z-Score has ranged from 3.13 to 9.39. According to the industry distribution chart, Hawkins ranks #391 out of 1570 companies in the Chemicals industry, placing it in the top 24.9%.
Is Hawkins' Altman Z-Score too high?
Hawkins' current Altman Z-Score of 5.55 is 19% above median its 10-year median of 4.67. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 9.39. The Chemicals industry median Altman Z-Score is 3.11. Hawkins' value of 5.55 is 78.5% above this industry median. Based on the distribution chart, Hawkins ranks #391 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hawkins has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Hawkins' Altman Z-Score compare to FUL and ASH?
According to the Chemicals industry distribution chart, Hawkins ranks #391 out of 1570 companies for Altman Z-Score. This places Hawkins in the top 25% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.11. Hawkins' value of 5.55 is 78.5% above this benchmark. Historically, Hawkins' own Altman Z-Score has ranged from 3.13 to 9.39 over the past decade. While the company's 10-year median is 4.67 vs. the industry median of 3.11, Hawkins 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.11, based on 1,570 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. Hawkins's current Altman Z-Score of 5.55 is 78.5% 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 Hawkins and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hawkins's current Altman Z-Score is 5.55, which is 19% above median its own 10-year median of 4.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hawkins stock overvalued right now?
Hawkins (STU:HWK) has a current Altman Z-Score of 5.55. The stock's GF Value™ is €120.10, compared to a current price of €99.85 — trading 16.9% below its estimated fair value. The current Altman Z-Score is 5.55, which is 19% above median its 10-year median of 4.67 and 78.5% above the Chemicals industry median of 3.11. Hawkins' overall GF Score™ is 89/100 with 3 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 Hawkins (STU:HWK), the current Altman Z-Score is 5.55 as of Aug. 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 Hawkins (STU:HWK) Overvalued in 2026?

Based on GuruFocus' analysis, Hawkins stock appears to be undervalued. The current stock price of €99.85 is trading 16.9% below its estimated GF Value™ of €120.10.

Key valuation signals for STU:HWK:

  • Altman Z-Score: 5.55 (19% above median its 10-year median of 4.67)
  • GF Value™: €120.10 vs. price of €99.85 (16.9% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 78.5% above the Chemicals median (#391 of 1570)

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


Hawkins Business Description

Other Exchanges HWKN:USA
Address 2381 Rosegate, Roseville, MN, USA, 55113
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The Industrial Solutions segment, provides industrial chemicals, products and services to industries such as industrial manufacturing, chemical processing, electronics, energy, plating, and surface finishing. The water treatment segment, which generates the majority of revenue sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. Food and Health Sciences segment specializes in processing and formulation solutions as well as ingredient distribution to manufacturers in the nutrition, food, pharmaceutical, and agricultural markets.
89GF Score

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

€99.85
Price
€120.10
GF Value