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Orion BreweriesTSE:409A -0.96%13 Altman Z-Score is 2.53 as of Aug. 05, 2026. GuruFocus rates TSE:409A with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 205 Beverages - Alcoholic companies, Orion Breweries ranks worse than 487804.39% 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.
Orion Breweries has a Altman Z-Score of 2.53, indicating it is in Grey Zones. This implies that Orion Breweries is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Orion Breweries's Altman Z-Score or its related term are showing as below:
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.
Orion Breweries Altman Z-Score Related Terms
Orion Breweries Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Orion Breweries'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.
Orion Breweries Altman Z-Score Chart
Orion Breweries Annual Data
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Mar25
Altman Z-Score
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Orion Breweries Quarterly Data
Mar24
Mar25
Jun25
Sep25
Dec25
Altman Z-Score
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TSE:409A vs STZ, TAP: Altman Z-Score Comparison
For the Beverages - Brewers subindustry, Orion Breweries'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.
Orion Breweries Altman Z-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Orion Breweries's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Orion Breweries'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.
Orion Breweries'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
*
0.2076
+
1.4
*
0.0802
+
3.3
*
0.1201
+
0.6
*
2.0546
+
1.0
*
0.5426
=
2.53
* 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.
Orion Breweries (TSE:409A) has a Altman Z-Score of 2.53 as of Aug. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Orion Breweries and its competitors. According to the industry distribution chart, Orion Breweries ranks #999999 out of 205 companies in the Beverages - Alcoholic industry.
Is Orion Breweries' Altman Z-Score too high?
Orion Breweries' current Altman Z-Score is 2.53. The Beverages - Alcoholic industry median Altman Z-Score is 2.80. Orion Breweries' value of 2.53 is 9.6% below this industry median. Based on the distribution chart, Orion Breweries ranks #999999 out of 205 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Orion Breweries has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Orion Breweries' Altman Z-Score compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Orion Breweries ranks #999999 out of 205 companies for Altman Z-Score. This places Orion Breweries in the lower half of its industry. The industry median Altman Z-Score is 2.80. Orion Breweries' value of 2.53 is 9.6% below this benchmark. 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 Beverages - Alcoholic company?
The median Altman Z-Score among Beverages - Alcoholic companies is 2.80, based on 205 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. Orion Breweries's current Altman Z-Score of 2.53 is 9.6% 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 Orion Breweries and its competitors. For the Beverages - Alcoholic industry, the median Altman Z-Score is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Breweries's current Altman Z-Score is 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Breweries stock overvalued right now?
Orion Breweries (TSE:409A) has a current Altman Z-Score of 2.53. The current Altman Z-Score is 2.53 and 9.6% below the Beverages - Alcoholic industry median of 2.80. Orion Breweries' overall GF Score™ is 13/100 with 1 warning sign 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 Orion Breweries (TSE:409A), the current Altman Z-Score is 2.53 as of Aug. 05, 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.
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