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Thrace Plastics Holding and Commercial has the Financial Strength Rank of 6.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Thrace Plastics Holding and Commercial's Interest Coverage for the quarter that ended in Mar. 2026 was 9.86.
Thrace Plastics Holding and Commercial's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.24.
As of today, Thrace Plastics Holding and Commercial's Altman Z-Score is 2.44.
Thrace Plastics Holding and Commercial (ATH:PLAT) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Thrace Plastics Holding and Commercial has the Financial Strength Rank of 6.
Thrace Plastics Holding and Commercial Financial Strength Related Terms
ATH:PLAT vs AIN: Financial Strength Comparison
For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial's Financial Strength, along with its competitors' market caps and Financial Strength 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.
Thrace Plastics Holding and Commercial Financial Strength vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Financial Strength distribution charts can be found below:
* The bar in red indicates where Thrace Plastics Holding and Commercial's Financial Strength falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
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.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Thrace Plastics Holding and Commercial has a Z-score of 2.44, indicating it is in Grey Zones. This implies that Thrace Plastics Holding and Commercial is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.44 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.
* 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.
Thrace Plastics Holding and Commercial (ATH:PLAT) has a Financial Strength of 6 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Thrace Plastics Holding and Commercial and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Thrace Plastics Holding and Commercial's Financial Strength has ranged from 2.00 to 9.00.
Is Thrace Plastics Holding and Commercial's Financial Strength too high?
Thrace Plastics Holding and Commercial's current Financial Strength of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. Overall, Thrace Plastics Holding and Commercial has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thrace Plastics Holding and Commercial's Financial Strength compare to AIN?
Thrace Plastics Holding and Commercial's Financial Strength of 6 can be compared against companies in the Manufacturing - Apparel & Accessories industry. Historically, Thrace Plastics Holding and Commercial's own Financial Strength has ranged from 2.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Manufacturing - Apparel & Accessories company?
A good Financial Strength depends on the Manufacturing - Apparel & Accessories industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Thrace Plastics Holding and Commercial and its competitors. Thrace Plastics Holding and Commercial's current Financial Strength is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thrace Plastics Holding and Commercial stock overvalued right now?
Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial (ATH:PLAT) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.34, compared to a current price of €4.96 — trading 14.2% above its estimated fair value. The current Financial Strength is 6, which is 14% below median its 10-year median of 7.00. Thrace Plastics Holding and Commercial's overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Thrace Plastics Holding and Commercial (ATH:PLAT), the current Financial Strength is 6 as of Mar. 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 Thrace Plastics Holding and Commercial (ATH:PLAT) Overvalued in 2026?
Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial stock appears to be overvalued.
The current stock price of €4.96 is trading 14.2% above its estimated GF Value™ of €4.34.
GuruFocus considers Thrace Plastics Holding and Commercial to be Modestly Overvalued.
Key valuation signals for ATH:PLAT:
Financial Strength: 6 (14% below median its 10-year median of 7.00)
GF Value™: €4.34 vs. price of €4.96 (14.2% above fair value)
No single metric tells the full story. See the ATH:PLAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Other, that includes agriculture sector. Geographically, the company generates majority of its revenue from European Union Countries.
80GF Score
Get the complete analysis for ATH:PLAT
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