Daewon Media Co (XKRX:048910) Altman Z-Score: 2.69 (As of Sep. 01, 2026) — 28% Below Median

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XKRX:048910 Daewon Media Co Ltd XKRX:048910
72 GF Score
Price ₩6,260.00
GF Value ₩12,890.90
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Daewon Media Co Altman Z-Score?

Daewon Media Co XKRX:048910 +3.13% 72 Altman Z-Score is 2.69 as of Sep. 01, 2026, which is 28% below its 10-year median of 3.75. GuruFocus rates XKRX:048910 with a GF Score™ of 72/100 and a GF Value™ of ₩12,890.90 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,006 Media - Diversified companies, Daewon Media Co ranks better than 61.73% 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.

Warning Sign:

Altman Z-score of 2.68 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Daewon Media Co has a Altman Z-Score of 2.69, indicating it is in Grey Zones. This implies that Daewon Media Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Daewon Media Co's Altman Z-Score or its related term are showing as below:

XKRX:048910' s Altman Z-Score Range Over the Past 10 Years
Min: 2.22   Med: 3.75   Max: 9.37
Current: 2.68

During the past 13 years, Daewon Media Co's highest Altman Z-Score was 9.37. The lowest was 2.22. And the median was 3.75.


Daewon Media Co  (XKRX:048910) 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.


Daewon Media Co Altman Z-Score Related Terms


Daewon Media Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Daewon Media 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.

Daewon Media Co Altman Z-Score Chart

Daewon Media Co 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 6.02 3.87 3.38 2.54 2.91

Daewon Media Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.82 2.66 2.91 2.79 2.60

XKRX:048910 vs NFLX, DIS, WBD: Altman Z-Score Comparison

For the Entertainment subindustry, Daewon Media 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.


Daewon Media Co Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Daewon Media Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Daewon Media Co's Altman Z-Score falls into.


XKRX:048910
72GF Score
Daewon Media Co Ltd XKRX:048910
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daewon Media Co 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.

Daewon Media 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*0.2687+1.4*0.1837+3.3*0.0602+0.6*0.5686+1.0*1.5668
=2.69

* 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 Jun. 2026:
Total Assets was ₩270,509 Mil.
Total Current Assets was ₩161,410 Mil.
Total Current Liabilities was ₩88,718 Mil.
Retained Earnings was ₩49,700 Mil.
Pre-Tax Income was 5073.036 + 1789.594 + 3324.755 + 3218.375 = ₩13,406 Mil.
Interest Expense was -857.235 + -740.618 + -637.682 + -645.381 = ₩-2,881 Mil.
Revenue was 124485.053 + 102529.879 + 103879.466 + 92943.577 = ₩423,838 Mil.
Market Cap (Today) was ₩74,825 Mil.
Total Liabilities was ₩131,594 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
=(161409.689 - 88717.649)/270508.932
=0.2687

X2=Retained Earnings/Total Assets
=49699.505/270508.932
=0.1837

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(13405.76 - -2880.916)/270508.932
=0.0602

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=74824.969/131593.661
=0.5686

X5=Revenue/Total Assets
=423837.975/270508.932
=1.5668

The zones of discrimination were as such:

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

Daewon Media Co has a Altman Z-Score of 2.69 indicating it is in Grey 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 2.69 mean?
Daewon Media Co (XKRX:048910) has a Altman Z-Score of 2.69 as of Sep. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Daewon Media Co and its competitors. This is 28% below median its historical median of 3.75. Over the past decade, Daewon Media Co's Altman Z-Score has ranged from 2.22 to 9.37. According to the industry distribution chart, Daewon Media Co ranks #385 out of 1006 companies in the Media - Diversified industry, placing it in the top 38.3%.
Is Daewon Media Co's Altman Z-Score too high?
Daewon Media Co's current Altman Z-Score of 2.69 is 28% below median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 9.37. The Media - Diversified industry median Altman Z-Score is 2.01. Daewon Media Co's value of 2.69 is 33.8% above this industry median. Based on the distribution chart, Daewon Media Co ranks #385 out of 1006 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Daewon Media Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daewon Media Co's Altman Z-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Daewon Media Co ranks #385 out of 1006 companies for Altman Z-Score. This puts Daewon Media Co in the upper half of its industry. The industry median Altman Z-Score is 2.01. Daewon Media Co's value of 2.69 is 33.8% above this benchmark. Historically, Daewon Media Co's own Altman Z-Score has ranged from 2.22 to 9.37 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 2.01, Daewon Media 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 2.01, based on 1,006 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. Daewon Media Co's current Altman Z-Score of 2.69 is 33.8% 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 Daewon Media Co and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daewon Media Co's current Altman Z-Score is 2.69, which is 28% below median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daewon Media Co stock overvalued right now?
Based on GuruFocus' analysis, Daewon Media Co (XKRX:048910) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩12,890.90, compared to a current price of ₩6,260.00 — trading 51.4% below its estimated fair value. The current Altman Z-Score is 2.69, which is 28% below median its 10-year median of 3.75 and 33.8% above the Media - Diversified industry median of 2.01. Daewon Media Co's overall GF Score™ is 72/100 with 5 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 Daewon Media Co (XKRX:048910), the current Altman Z-Score is 2.69 as of Sep. 01, 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 Daewon Media Co (XKRX:048910) Overvalued in 2026?

Based on GuruFocus' analysis, Daewon Media Co stock appears to be undervalued. The current stock price of ₩6,260.00 is trading 51.4% below its estimated GF Value™ of ₩12,890.90. GuruFocus considers Daewon Media Co to be Significantly Undervalued.

Key valuation signals for XKRX:048910:

  • Altman Z-Score: 2.69 (28% below median its 10-year median of 3.75)
  • GF Value™: ₩12,890.90 vs. price of ₩6,260.00 (51.4% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 33.8% above the Media - Diversified median (#385 of 1006)

No single metric tells the full story. See the XKRX:048910 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daewon Media Co Business Description

Address Hangang-daero 23-gil, 55, I-PARK MALL Theme Park, 6th Floor, 1-1, Yongsan-gu, Seoul, KOR, 04377
Daewon Media Co Ltd is engaged in a comprehensive entertainment business related to comics and animation content. It is currently engaged in animation creation planning business, content business, character business, trading card game business, game distribution business, movie and exhibition event business, and toy distribution business, and is also involved in broadcasting business and comics publishing business through its subsidiaries and affiliates. The group has produced original animations such as Wandering Magpie, Run, Honey, and Yeongsimi; offers Yu-Gi-Oh Official Card Game, creates online games using characters such as Crayon Shin-chan and Power Rangers; and offers merchandise related to characters, among other activities.
72GF Score

Get the complete analysis for XKRX:048910

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

₩6,260.00
Price
₩12,890.90
GF Value