Kingston Wharves (XJAM:KW) Altman Z-Score: 3.41 (As of Jul. 02, 2026) — 47% Below Median


XJAM:KW Kingston Wharves Ltd XJAM:KW
99 GF Score
Price JMD35.61
GF Value JMD38.57
Valuation Fairly Valued
! 7 Warning Signs
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What is Kingston Wharves Altman Z-Score?

Kingston Wharves XJAM:KW +3.31% 99 Altman Z-Score is 3.41 as of Jul. 02, 2026, which is 47% below its 10-year median of 6.39. GuruFocus rates XJAM:KW with a GF Score™ of 99/100 and a GF Value™ of JMD38.57 (Fairly Valued). The stock has 7 warning signs investors should review. Among 994 Transportation companies, Kingston Wharves ranks better than 71.83% 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 3.41 is strong.

Kingston Wharves has a Altman Z-Score of 3.41, 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 Kingston Wharves's Altman Z-Score or its related term are showing as below:

XJAM:KW' s Altman Z-Score Range Over the Past 10 Years
Min: 2.77   Med: 6.39   Max: 11.14
Current: 3.41

During the past 13 years, Kingston Wharves's highest Altman Z-Score was 11.14. The lowest was 2.77. And the median was 6.39.


Kingston Wharves  (XJAM:KW) 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.


Kingston Wharves Altman Z-Score Related Terms


Kingston Wharves Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kingston Wharves'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.

Kingston Wharves Altman Z-Score Chart

Kingston Wharves 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 6.82 5.60 2.82 3.18 3.01

Kingston Wharves 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 3.13 3.33 3.09 3.01 3.52

XJAM:KW vs KEX: Altman Z-Score Comparison

For the Marine Shipping subindustry, Kingston Wharves'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.


Kingston Wharves Altman Z-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Kingston Wharves's Altman Z-Score distribution charts can be found below:

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


XJAM:KW
99GF Score
Kingston Wharves Ltd XJAM:KW
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kingston Wharves 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.

Kingston Wharves'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*0.1758+1.4*0.3408+3.3*0.066+0.6*3.8473+1.0*0.2001
=3.41

* 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 JMD65,874 Mil.
Total Current Assets was JMD14,790 Mil.
Total Current Liabilities was JMD3,212 Mil.
Retained Earnings was JMD22,453 Mil.
Pre-Tax Income was 777.62 + 1056.195 + 1094.096 + 1056.198 = JMD3,984 Mil.
Interest Expense was -110.438 + -66.104 + -109.97 + -76.168 = JMD-363 Mil.
Revenue was 3325.703 + 3264.574 + 3412.038 + 3179.091 = JMD13,181 Mil.
Market Cap (Today) was JMD49,534 Mil.
Total Liabilities was JMD12,875 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
=(14789.554 - 3211.851)/65873.587
=0.1758

X2=Retained Earnings/Total Assets
=22452.879/65873.587
=0.3408

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3984.109 - -362.68)/65873.587
=0.066

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=49533.866/12874.893
=3.8473

X5=Revenue/Total Assets
=13181.406/65873.587
=0.2001

The zones of discrimination were as such:

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

Kingston Wharves has a Altman Z-Score of 3.41 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 3.41 mean?
Kingston Wharves (XJAM:KW) has a Altman Z-Score of 3.41 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kingston Wharves and its competitors. This is 47% below median its historical median of 6.39. Over the past decade, Kingston Wharves' Altman Z-Score has ranged from 2.77 to 11.14. According to the industry distribution chart, Kingston Wharves ranks #280 out of 994 companies in the Transportation industry, placing it in the top 28.2%.
Is Kingston Wharves' Altman Z-Score too high?
Kingston Wharves' current Altman Z-Score of 3.41 is 47% below median its 10-year median of 6.39. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 11.14. The Transportation industry median Altman Z-Score is 2.27. Kingston Wharves' value of 3.41 is 50.2% above this industry median. Based on the distribution chart, Kingston Wharves ranks #280 out of 994 companies in the Transportation industry, which is above the industry midpoint. Overall, Kingston Wharves has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kingston Wharves' Altman Z-Score compare to KEX?
According to the Transportation industry distribution chart, Kingston Wharves ranks #280 out of 994 companies for Altman Z-Score. This puts Kingston Wharves in the upper half of its industry. The industry median Altman Z-Score is 2.27. Kingston Wharves' value of 3.41 is 50.2% above this benchmark. Historically, Kingston Wharves' own Altman Z-Score has ranged from 2.77 to 11.14 over the past decade. While the company's 10-year median is 6.39 vs. the industry median of 2.27, Kingston Wharves 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.27, based on 994 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. Kingston Wharves's current Altman Z-Score of 3.41 is 50.2% 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 Kingston Wharves and its competitors. For the Transportation industry, the median Altman Z-Score is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingston Wharves's current Altman Z-Score is 3.41, which is 47% below median its own 10-year median of 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingston Wharves stock overvalued right now?
Based on GuruFocus' analysis, Kingston Wharves (XJAM:KW) is currently considered Fairly Valued. The stock's GF Value™ is JMD38.57, compared to a current price of JMD35.61 — trading 7.7% below its estimated fair value. The current Altman Z-Score is 3.41, which is 47% below median its 10-year median of 6.39 and 50.2% above the Transportation industry median of 2.27. Kingston Wharves' overall GF Score™ is 99/100 with 7 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 Kingston Wharves (XJAM:KW), the current Altman Z-Score is 3.41 as of Jul. 02, 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 Kingston Wharves (XJAM:KW) Overvalued in 2026?

Based on GuruFocus' analysis, Kingston Wharves stock appears to be undervalued. The current stock price of JMD35.61 is trading 7.7% below its estimated GF Value™ of JMD38.57. GuruFocus considers Kingston Wharves to be Fairly Valued.

Key valuation signals for XJAM:KW:

  • Altman Z-Score: 3.41 (47% below median its 10-year median of 6.39)
  • GF Value™: JMD38.57 vs. price of JMD35.61 (7.7% below fair value)
  • GF Score™: 99/100 with 7 warning signs
  • Industry Position: 50.2% above the Transportation median (#280 of 994)

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


Kingston Wharves Business Description

Address 195 Second Street, Total Logistics Facility, Newport West, St. Andrew, Kingston, JAM, 13
Kingston Wharves Ltd is engaged in the operation of public wharves, logistics services, security services, warehousing, and the rental of and repairs to cold storage facilities. It operates in two segments: Terminal operations and Logistics services. The Terminal operations segment, which generates the majority of revenue, engages in the operation of public wharves and the stevedoring of vessels. Its Logistics Services segment offers warehousing and logistics facilities, security services, rental of and repairs to cold storage facilities, and property rental.
99GF Score

Get the complete analysis for XJAM:KW

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

JMD35.61
Price
JMD38.57
GF Value