De'Longhi SpA (WBO:DLGI) Altman Z-Score: 3.46 (As of Jun. 24, 2026) — Near Median


WBO:DLGI De'Longhi SpA WBO:DLGI
67 GF Score
Price €36.14
GF Value €34.96
Valuation Fairly Valued
! 4 Warning Signs
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What is De'Longhi SpA Altman Z-Score?

De'Longhi SpA WBO:DLGI -2.01% 67 Altman Z-Score is 3.46 as of Jun. 24, 2026, which is 2% above its 10-year median of 3.38. GuruFocus rates WBO:DLGI with a GF Score™ of 67/100 and a GF Value™ of €34.96 (Fairly Valued). The stock has 4 warning signs investors should review. Among 429 Furnishings, Fixtures & Appliances companies, De'Longhi SpA ranks better than 62.7% 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 3.46 is strong.

De'Longhi SpA has a Altman Z-Score of 3.46, 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 De'Longhi SpA's Altman Z-Score or its related term are showing as below:

WBO:DLGI' s Altman Z-Score Range Over the Past 10 Years
Min: 2.17   Med: 3.38   Max: 6.86
Current: 3.46

During the past 13 years, De'Longhi SpA's highest Altman Z-Score was 6.86. The lowest was 2.17. And the median was 3.38.


De'Longhi SpA  (WBO:DLGI) 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.


De'Longhi SpA Altman Z-Score Related Terms


De'Longhi SpA Altman Z-Score Historical Data

* Premium members only.

The historical data trend for De'Longhi SpA'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.

De'Longhi SpA Altman Z-Score Chart

De'Longhi SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 2.93 3.27 3.20 3.83

De'Longhi SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.98 3.31 3.15 3.83 3.16

WBO:DLGI vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, De'Longhi SpA'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.


De'Longhi SpA Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, De'Longhi SpA's Altman Z-Score distribution charts can be found below:

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


WBO:DLGI
67GF Score
De'Longhi SpA WBO:DLGI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

De'Longhi SpA 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.

De'Longhi SpA'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*0.2655+1.4*0+3.3*0.1163+0.6*3.0367+1.0*0.9331
=3.46

* 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 Mar. 2026:
Total Assets was €4,089 Mil.
Total Current Assets was €2,169 Mil.
Total Current Liabilities was €1,083 Mil.
Retained Earnings was €0 Mil.
Pre-Tax Income was 94.5 + 180.406 + 100.121 + 86.679 = €462 Mil.
Interest Expense was 0 + -7.622 + -0.865 + -5.335 = €-14 Mil.
Revenue was 777.7 + 1331.111 + 881.38 + 824.82 = €3,815 Mil.
Market Cap (Today) was €5,340 Mil.
Total Liabilities was €1,758 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
=(2168.6 - 1083)/4088.7
=0.2655

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(461.706 - -13.822)/4088.7
=0.1163

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5339.786/1758.4
=3.0367

X5=Revenue/Total Assets
=3815.011/4088.7
=0.9331

The zones of discrimination were as such:

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

De'Longhi SpA has a Altman Z-Score of 3.46 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 3.46 mean?
De'Longhi SpA (WBO:DLGI) has a Altman Z-Score of 3.46 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on De'Longhi SpA and its competitors. This is near median its historical median of 3.38. Over the past decade, De'Longhi SpA's Altman Z-Score has ranged from 2.17 to 6.86. According to the industry distribution chart, De'Longhi SpA ranks #160 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 37.3%.
Is De'Longhi SpA's Altman Z-Score too high?
De'Longhi SpA's current Altman Z-Score of 3.46 is near median its 10-year median of 3.38. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 6.86. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.81. De'Longhi SpA's value of 3.46 is 23.1% above this industry median. Based on the distribution chart, De'Longhi SpA ranks #160 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, De'Longhi SpA has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does De'Longhi SpA's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, De'Longhi SpA ranks #160 out of 429 companies for Altman Z-Score. This puts De'Longhi SpA in the upper half of its industry. The industry median Altman Z-Score is 2.81. De'Longhi SpA's value of 3.46 is 23.1% above this benchmark. Historically, De'Longhi SpA's own Altman Z-Score has ranged from 2.17 to 6.86 over the past decade. While the company's 10-year median is 3.38 vs. the industry median of 2.81, De'Longhi SpA 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.81, based on 429 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. De'Longhi SpA's current Altman Z-Score of 3.46 is 23.1% 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 De'Longhi SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De'Longhi SpA's current Altman Z-Score is 3.46, which is near median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De'Longhi SpA stock overvalued right now?
Based on GuruFocus' analysis, De'Longhi SpA (WBO:DLGI) is currently considered Fairly Valued. The stock's GF Value™ is €34.96, compared to a current price of €36.14 — trading 3.4% above its estimated fair value. The current Altman Z-Score is 3.46, which is near median its 10-year median of 3.38 and 23.1% above the Furnishings, Fixtures & Appliances industry median of 2.81. De'Longhi SpA's overall GF Score™ is 67/100 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 De'Longhi SpA (WBO:DLGI), the current Altman Z-Score is 3.46 as of Jun. 24, 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 De'Longhi SpA (WBO:DLGI) Overvalued in 2026?

Based on GuruFocus' analysis, De'Longhi SpA stock appears to be overvalued. The current stock price of €36.14 is trading 3.4% above its estimated GF Value™ of €34.96. GuruFocus considers De'Longhi SpA to be Fairly Valued.

Key valuation signals for WBO:DLGI:

  • Altman Z-Score: 3.46 (near median its 10-year median of 3.38)
  • GF Value™: €34.96 vs. price of €36.14 (3.4% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 23.1% above the Furnishings, Fixtures & Appliances median (#160 of 429)

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


De'Longhi SpA Business Description

Address Via Lodovico Seitz, 47, Treviso, ITA, 31100
De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, home-care products, air conditioners and air treatment products, electric heaters, and others. The company offers products under four brands: De'Longhi, Kenwood, Braun, and Ariete. It has two business segment Household and Professional divisions. Key revenue is generated from Household segment. The company has a business presence across the world, including Europe, America, MEIA Asia Pacific, and others, The company generates maximum revenue from Europe.
67GF Score

Get the complete analysis for WBO:DLGI

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

€36.14
Price
€34.96
GF Value