Workman CoWKISF 95 Altman Z-Score is 13.32 as of Jun. 28, 2026, which is 2% below its 10-year median of 13.65. GuruFocus rates WKISF with a GF Score™ of 95/100 and a GF Value™ of $36.00. The stock has 2 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Workman Co ranks better than 94.61% 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 13.45 is strong.
Workman Co has a Altman Z-Score of 13.32, 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 Workman Co's Altman Z-Score or its related term are showing as below:
WKISF'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.4 Med: 13.65 Max: 20.61
Current: 13.45
During the past 13 years, Workman Co's highest Altman Z-Score was 20.61. The lowest was 3.40. And the median was 13.65.
Workman Co (OTCPK:WKISF) 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.
Workman Co Altman Z-Score Related Terms
Workman Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Workman Co'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.
WKISF vs TJX, ROST, BURL: Altman Z-Score Comparison
For the Apparel Retail subindustry, Workman Co'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.
Workman Co Altman Z-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Workman Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Workman Co'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.
Workman Co'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
*
0.6045
+
1.4
*
0.6715
+
3.3
*
0.1727
+
0.6
*
16.9654
+
1.0
*
0.9086
=
13.32
* 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.
Workman Co (WKISF) has a Altman Z-Score of 13.32 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Workman Co and its competitors. This is near median its historical median of 13.65. Over the past decade, Workman Co's Altman Z-Score has ranged from 3.40 to 20.61. According to the industry distribution chart, Workman Co ranks #60 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 5.4%.
Is Workman Co's Altman Z-Score too high?
Workman Co's current Altman Z-Score of 13.32 is near median its 10-year median of 13.65. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 20.61. The Retail - Cyclical industry median Altman Z-Score is 2.72. Workman Co's value of 13.32 is 389.7% above this industry median. Based on the distribution chart, Workman Co ranks #60 out of 1113 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Workman Co has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Workman Co's Altman Z-Score compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Workman Co ranks #60 out of 1113 companies for Altman Z-Score. This places Workman Co in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.72. Workman Co's value of 13.32 is 389.7% above this benchmark. Historically, Workman Co's own Altman Z-Score has ranged from 3.40 to 20.61 over the past decade. While the company's 10-year median is 13.65 vs. the industry median of 2.72, Workman Co 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 - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.72, based on 1,113 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. Workman Co's current Altman Z-Score of 13.32 is 389.7% 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 Workman Co and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workman Co's current Altman Z-Score is 13.32, which is near median its own 10-year median of 13.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workman Co stock overvalued right now?
Workman Co (WKISF) has a current Altman Z-Score of 13.32. The stock's GF Value™ is $36.00, compared to a current price of $40.01 — trading 11.1% above its estimated fair value. The current Altman Z-Score is 13.32, which is near median its 10-year median of 13.65 and 389.7% above the Retail - Cyclical industry median of 2.72. Workman Co's overall GF Score™ is 95/100 with 2 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 Workman Co (WKISF), the current Altman Z-Score is 13.32 as of Jun. 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 Workman Co (WKISF) Overvalued in 2026?
Based on GuruFocus' analysis, Workman Co stock appears to be overvalued.
The current stock price of $40.01 is trading 11.1% above its estimated GF Value™ of $36.00.
Key valuation signals for WKISF:
Altman Z-Score: 13.32 (near median its 10-year median of 13.65)
GF Value™: $36.00 vs. price of $40.01 (11.1% above fair value)
Industry Position: 389.7% above the Retail - Cyclical median (#60 of 1113)
No single metric tells the full story. See the WKISF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Workman Co Ltd is a Japan based company engaged in operating franchise stores and directly-operated stores providing working wear, casual wear, family clothing, footwear and working-related items. The company provides family clothing, including inner wears, socks, soldier socks, hats, towels and aprons; casual wear, including polo shirts, T-shirts, high neck shirts and blouses; working wear, including working jumpers, working pants, boiler suits and tobifuku; footwear, including safety shoes, safety sneakers, rubber-soled socks, boots and cloth shoes.
95GF Score
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