Standex International Corporation
SXI Industrials Specialty Industrial Machinery
Standex International Corporation’s revenue for fiscal 2026 (year ended June 2026) was $891.6 million, up 12.8% from fiscal 2025. In the quarter to June 2026, revenue grew 2.79%, EPS grew 38.2%, free cash flow grew 40.5% and total debt fell 6.26%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.
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Standex International Corporation (SXI) Altman Z-score
Standex International Corporation's Altman Z-score for fiscal 2026 is 5.39, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 5.39 | 2.13 |
| FY2025 | 3.26 | (2.63) |
| FY2024 | 5.89 | 0.41 |
| FY2023 | 5.48 | 1.34 |
| FY2022 | 4.14 | 0.21 |
| FY2021 | 3.93 | 0.65 |
| FY2020 | 3.29 | (0.39) |
| FY2019 | 3.68 | (0.38) |
| FY2018 | 4.06 | 0.16 |
| FY2017 | 3.90 | (1.25) |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.20 | — | 0.24 | |
| Retained earnings / total assets | 0.77 | — | 1.07 | |
| EBIT / total assets | 0.12 | — | 0.40 | |
| Market value of equity / total liabilities | 5.18 | — | 3.11 | |
| Sales / total assets | 0.56 | — | 0.56 | |
| Altman Z-score | Safe zone | 5.39 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 5.61 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| FELE Franklin Electric Co., Inc. compare | 6.9× |
| SXI Standex International Corporation | 5.4× |
| KAI Kadant Inc compare | 4.7× |
| MWA MUELLER WATER PRODUCTS compare | 4.4× |
| CSW CSW Industrials, Inc. compare | 3.4× |
| HLIO Helios Technologies, Inc compare | 3.2× |
| SMR NuScale Power Corporation compare | 3.2× |
| MIR Mirion Technologies, Inc. compare | 2.2× |
| CXT Crane NXT, Co. compare | 1.9× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets