WHGLY (WH Group) Altman Z-Score: 3.03 (As of Jun. 25, 2026) — Near Median


WHGLY WH Group Ltd WHGLY
77 GF Score
Price $21.80
GF Value $15.75
Valuation Significantly Overvalued
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What is WH Group Altman Z-Score?

WH Group WHGLY -0.46% 77 Altman Z-Score is 3.03 as of Jun. 25, 2026, which is 2% above its 10-year median of 2.98. GuruFocus rates WHGLY with a GF Score™ of 77/100 and a GF Value™ of $15.75 (Significantly Overvalued). Among 1,933 Consumer Packaged Goods companies, WH Group ranks better than 53.91% 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 3.04 is strong.

WH Group has a Altman Z-Score of 3.03, 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 WH Group's Altman Z-Score or its related term are showing as below:

WHGLY' s Altman Z-Score Range Over the Past 10 Years
Min: 1.96   Med: 2.98   Max: 3.72
Current: 3.04

During the past 13 years, WH Group's highest Altman Z-Score was 3.72. The lowest was 1.96. And the median was 2.98.


WH Group  (OTCPK:WHGLY) 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.


WH Group Altman Z-Score Related Terms


WH Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for WH Group'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.

WH Group Altman Z-Score Chart

WH Group 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 2.90 1.96 2.42 2.62 3.05

WH Group Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.62 1.28 2.98 1.63 3.05

WHGLY vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, WH Group'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.


WH Group Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, WH Group's Altman Z-Score distribution charts can be found below:

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


WHGLY
77GF Score
WH Group Ltd WHGLY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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WH Group 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.

WH Group'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*0.2097+1.4*0.4134+3.3*0+0.6*1.5419+1.0*1.2791
=3.03

* 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 Dec. 2025:
Total Assets was $21,910 Mil.
Total Current Assets was $9,712 Mil.
Total Current Liabilities was $5,117 Mil.
Retained Earnings was $9,058 Mil.
Pre-Tax Income was 0 + 0 + 0 + 0 = $0 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0 Mil.
Revenue was 7549 + 7090 + 6833 + 6554 = $28,026 Mil.
Market Cap (Today) was $14,039 Mil.
Total Liabilities was $9,105 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
=(9712 - 5117)/21910
=0.2097

X2=Retained Earnings/Total Assets
=9058/21910
=0.4134

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0 - 0)/21910
=0

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=14039.444/9105
=1.5419

X5=Revenue/Total Assets
=28026/21910
=1.2791

The zones of discrimination were as such:

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

WH Group has a Altman Z-Score of 3.03 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 3.03 mean?
WH Group (WHGLY) has a Altman Z-Score of 3.03 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on WH Group and its competitors. This is near median its historical median of 2.98. Over the past decade, WH Group's Altman Z-Score has ranged from 1.96 to 3.72. According to the industry distribution chart, WH Group ranks #891 out of 1933 companies in the Consumer Packaged Goods industry, placing it in the top 46.1%.
Is WH Group's Altman Z-Score too high?
WH Group's current Altman Z-Score of 3.03 is near median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 3.72. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. WH Group's value of 3.03 is 7.1% above this industry median. Based on the distribution chart, WH Group ranks #891 out of 1933 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, WH Group has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WH Group's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, WH Group ranks #891 out of 1933 companies for Altman Z-Score. This puts WH Group in the upper half of its industry. The industry median Altman Z-Score is 2.83. WH Group's value of 3.03 is 7.1% above this benchmark. Historically, WH Group's own Altman Z-Score has ranged from 1.96 to 3.72 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 2.83, WH Group 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,933 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. WH Group's current Altman Z-Score of 3.03 is 7.1% 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 WH Group and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WH Group's current Altman Z-Score is 3.03, which is near median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WH Group stock overvalued right now?
Based on GuruFocus' analysis, WH Group (WHGLY) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.75, compared to a current price of $21.80 — trading 38.4% above its estimated fair value. The current Altman Z-Score is 3.03, which is near median its 10-year median of 2.98 and 7.1% above the Consumer Packaged Goods industry median of 2.83. WH Group's overall GF Score™ is 77/100. 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 WH Group (WHGLY), the current Altman Z-Score is 3.03 as of Jun. 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 WH Group (WHGLY) Overvalued in 2026?

Based on GuruFocus' analysis, WH Group stock appears to be overvalued. The current stock price of $21.80 is trading 38.4% above its estimated GF Value™ of $15.75. GuruFocus considers WH Group to be Significantly Overvalued.

Key valuation signals for WHGLY:

  • Altman Z-Score: 3.03 (near median its 10-year median of 2.98)
  • GF Value™: $15.75 vs. price of $21.80 (38.4% above fair value)
  • GF Score™: 77/100
  • Industry Position: 7.1% above the Consumer Packaged Goods median (#891 of 1933)

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


WH Group Business Description

Address 1 Austin Road West, Unit 7602B-7604A, Level 76, International Commerce Centre, Kowloon, Hong Kong, HKG
WH Group is a holding company and the world's largest vertically integrated producer of pork and related packaged meat products. Its revenue is mainly derived from activities undertaken by its China and US operations, which are respectively via 70.3%-owned Henan Shuanghui Investment & Development Company and wholly owned Smithfield Foods Inc. In the US, its key packaged meats brands, in which it has a 6% market share, include Nathan's hot dogs, Armour, John Morrell, and Curly's, while in China, products are mainly under the Shuanghui brand, where it also has a 25% market share. We expect the company's operating profit to be split almost equally between the US and China in the future with a small contribution from Europe.
77GF Score

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$21.80
Price
$15.75
GF Value