Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Gurktaler AGWBO:GAGV -4.62%64 Altman Z-Score is 16.21 as of Jul. 28, 2026, which is 44% above its 10-year median of 11.28. GuruFocus rates WBO:GAGV with a GF Score™ of 64/100 and a GF Value™ of €18.77 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 206 Beverages - Alcoholic companies, Gurktaler AG ranks better than 95.63% 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 16.9 is strong.
Gurktaler AG has a Altman Z-Score of 16.21, 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 Gurktaler AG's Altman Z-Score or its related term are showing as below:
WBO:GAGV'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.09 Med: 11.28 Max: 22.2
Current: 16.9
During the past 13 years, Gurktaler AG's highest Altman Z-Score was 22.20. The lowest was 2.09. And the median was 11.28.
Gurktaler AG (WBO:GAGV) 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.
Altman Z-Score does not apply to financial companies.
Gurktaler AG Altman Z-Score Related Terms
Gurktaler AG Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Gurktaler AG'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.
For the Beverages - Brewers subindustry, Gurktaler AG'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.
Gurktaler AG Altman Z-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Gurktaler AG's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Gurktaler AG'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.
Gurktaler AG'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
*
0.1612
+
1.4
*
0.0227
+
3.3
*
0.0627
+
0.6
*
26.0382
+
1.0
*
0.1515
=
16.21
* 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.
Gurktaler AG (WBO:GAGV) has a Altman Z-Score of 16.21 as of Jul. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Gurktaler AG and its competitors. This is 44% above median its historical median of 11.28. Over the past decade, Gurktaler AG's Altman Z-Score has ranged from 2.09 to 22.20. According to the industry distribution chart, Gurktaler AG ranks #9 out of 206 companies in the Beverages - Alcoholic industry, placing it in the top 4.4%.
Is Gurktaler AG's Altman Z-Score too high?
Gurktaler AG's current Altman Z-Score of 16.21 is 44% above median its 10-year median of 11.28. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 22.20. The Beverages - Alcoholic industry median Altman Z-Score is 2.73. Gurktaler AG's value of 16.21 is 494.9% above this industry median. Based on the distribution chart, Gurktaler AG ranks #9 out of 206 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Gurktaler AG has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gurktaler AG's Altman Z-Score compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Gurktaler AG ranks #9 out of 206 companies for Altman Z-Score. This places Gurktaler AG in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.73. Gurktaler AG's value of 16.21 is 494.9% above this benchmark. Historically, Gurktaler AG's own Altman Z-Score has ranged from 2.09 to 22.20 over the past decade. While the company's 10-year median is 11.28 vs. the industry median of 2.73, Gurktaler AG 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 Beverages - Alcoholic company?
The median Altman Z-Score among Beverages - Alcoholic companies is 2.73, based on 206 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. Gurktaler AG's current Altman Z-Score of 16.21 is 494.9% 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 Gurktaler AG and its competitors. For the Beverages - Alcoholic industry, the median Altman Z-Score is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gurktaler AG's current Altman Z-Score is 16.21, which is 44% above median its own 10-year median of 11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gurktaler AG stock overvalued right now?
Based on GuruFocus' analysis, Gurktaler AG (WBO:GAGV) is currently considered Possible Value Trap. The stock's GF Value™ is €18.77, compared to a current price of €12.40 — trading 33.9% below its estimated fair value. The current Altman Z-Score is 16.21, which is 44% above median its 10-year median of 11.28 and 494.9% above the Beverages - Alcoholic industry median of 2.73. Gurktaler AG's overall GF Score™ is 64/100 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 Gurktaler AG (WBO:GAGV), the current Altman Z-Score is 16.21 as of Jul. 28, 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 Gurktaler AG (WBO:GAGV) Overvalued in 2026?
Based on GuruFocus' analysis, Gurktaler AG stock appears to be undervalued.
The current stock price of €12.40 is trading 33.9% below its estimated GF Value™ of €18.77.
GuruFocus considers Gurktaler AG to be Possible Value Trap.
Key valuation signals for WBO:GAGV:
Altman Z-Score: 16.21 (44% above median its 10-year median of 11.28)
GF Value™: €18.77 vs. price of €12.40 (33.9% below fair value)
Industry Position: 494.9% above the Beverages - Alcoholic median (#9 of 206)
No single metric tells the full story. See the WBO:GAGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gurktaler AG operates in the beverage industry. It is engaged in the production of herbal liqueurs. The company has structured its operations into the following business divisions - Leasing and operation of herbal spirits companies and Investments in the herbal liquor companies.
64GF Score
Get the complete analysis for WBO:GAGV
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:GAGV has been successfully added to your 
