Top Wealth Group HoldingTWG -0.70%21 Altman Z-Score is 19.98 as of Jun. 29, 2026, which is 247% above its 10-year median of 5.75. GuruFocus rates TWG with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 305 Retail - Defensive companies, Top Wealth Group Holding ranks better than 96.07% 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 20.11 is strong.
Top Wealth Group Holding has a Altman Z-Score of 19.98, 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 Top Wealth Group Holding's Altman Z-Score or its related term are showing as below:
TWG'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.31 Med: 5.75 Max: 20.11
Current: 20.11
During the past 5 years, Top Wealth Group Holding's highest Altman Z-Score was 20.11. The lowest was 3.31. And the median was 5.75.
Top Wealth Group Holding (NAS:TWG) 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.
For the Food Distribution subindustry, Top Wealth Group Holding'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.
Top Wealth Group Holding Altman Z-Score vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Top Wealth Group Holding's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Top Wealth Group Holding's Altman Z-Score falls into.
Top Wealth Group Holding 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.
Top Wealth Group Holding (TWG) has a Altman Z-Score of 19.98 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Top Wealth Group Holding and its competitors. This is 247% above median its historical median of 5.75. Over the past decade, Top Wealth Group Holding's Altman Z-Score has ranged from 3.31 to 20.11. According to the industry distribution chart, Top Wealth Group Holding ranks #12 out of 305 companies in the Retail - Defensive industry, placing it in the top 3.9%.
Is Top Wealth Group Holding's Altman Z-Score too high?
Top Wealth Group Holding's current Altman Z-Score of 19.98 is 247% above median its 10-year median of 5.75. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 20.11. The Retail - Defensive industry median Altman Z-Score is 3.54. Top Wealth Group Holding's value of 19.98 is 464.4% above this industry median. Based on the distribution chart, Top Wealth Group Holding ranks #12 out of 305 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Top Wealth Group Holding has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Top Wealth Group Holding's Altman Z-Score compare to HCIL and DIT?
According to the Retail - Defensive industry distribution chart, Top Wealth Group Holding ranks #12 out of 305 companies for Altman Z-Score. This places Top Wealth Group Holding in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.54. Top Wealth Group Holding's value of 19.98 is 464.4% above this benchmark. Historically, Top Wealth Group Holding's own Altman Z-Score has ranged from 3.31 to 20.11 over the past decade. While the company's 10-year median is 5.75 vs. the industry median of 3.54, Top Wealth Group Holding 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 Retail - Defensive company?
The median Altman Z-Score among Retail - Defensive companies is 3.54, based on 305 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. Top Wealth Group Holding's current Altman Z-Score of 19.98 is 464.4% 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 Top Wealth Group Holding and its competitors. For the Retail - Defensive industry, the median Altman Z-Score is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Wealth Group Holding's current Altman Z-Score is 19.98, which is 247% above median its own 10-year median of 5.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Wealth Group Holding stock overvalued right now?
Top Wealth Group Holding (TWG) has a current Altman Z-Score of 19.98. The current Altman Z-Score is 19.98, which is 247% above median its 10-year median of 5.75 and 464.4% above the Retail - Defensive industry median of 3.54. Top Wealth Group Holding's overall GF Score™ is 21/100 with 5 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 Top Wealth Group Holding (TWG), the current Altman Z-Score is 19.98 as of Jun. 29, 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.
Top Wealth Group Holding Ltd is engaged in the supply of caviar and caviar-based gourmet products. The company specializes in high-quality sturgeon caviar and related gourmet food offerings.
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