Zalaris ASA (OSL:ZAL) Financial Strength: 6 (As of Jun. 2026) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:ZAL Zalaris ASA OSL:ZAL
89 GF Score
Price kr100.00
GF Value kr95.86
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Zalaris ASA Financial Strength?

Zalaris ASA OSL:ZAL -0.99% 89 Financial Strength is 6 as of Jun. 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates OSL:ZAL with a GF Score™ of 89/100 and a GF Value™ of kr95.86 (Fairly Valued). The stock has 5 warning signs investors should review.

Zalaris ASA 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.

Zalaris ASA did not have earnings to cover the interest expense. Zalaris ASA's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.37. As of today, Zalaris ASA's Altman Z-Score is 3.07.


Zalaris ASA  (OSL:ZAL) 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.

Zalaris ASA has the Financial Strength Rank of 6.


Zalaris ASA Financial Strength Related Terms


OSL:ZAL vs RHI, KFY, TNET: Financial Strength Comparison

For the Staffing & Employment Services subindustry, Zalaris ASA'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.


Zalaris ASA Financial Strength vs Business Services Industry

For the Business Services industry and Industrials sector, Zalaris ASA's Financial Strength distribution charts can be found below:

* The bar in red indicates where Zalaris ASA's Financial Strength falls into.


OSL:ZAL
89GF Score
Zalaris ASA OSL:ZAL
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zalaris ASA Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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:

Zalaris ASA's Interest Expense for the months ended in Jun. 2026 was kr0 Mil. Its Operating Income for the months ended in Jun. 2026 was kr-15 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr485 Mil.

Zalaris ASA's Interest Coverage for the quarter that ended in Jun. 2026 is

GuruFocus does not calculate Zalaris ASA's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Zalaris ASA's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(31.102 + 484.647) / 1376.672
=0.37

3. Altman Z-Score.

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.

Zalaris ASA has a Z-score of 3.07, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.07 is strong.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 6 mean?
Zalaris ASA (OSL:ZAL) has a Financial Strength of 6 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Zalaris ASA and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Zalaris ASA's Financial Strength has ranged from 1.00 to 9.00.
Is Zalaris ASA's Financial Strength too high?
Zalaris ASA's current Financial Strength of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. Overall, Zalaris ASA has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zalaris ASA's Financial Strength compare to RHI and KFY?
Zalaris ASA's Financial Strength of 6 can be compared against companies in the Business Services industry. Historically, Zalaris ASA's own Financial Strength has ranged from 1.00 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 Business Services company?
A good Financial Strength depends on the Business Services 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 Zalaris ASA and its competitors. Zalaris ASA's current Financial Strength is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalaris ASA stock overvalued right now?
Based on GuruFocus' analysis, Zalaris ASA (OSL:ZAL) is currently considered Fairly Valued. The stock's GF Value™ is kr95.86, compared to a current price of kr100.00 — trading 4.3% above its estimated fair value. The current Financial Strength is 6, which is 20% above median its 10-year median of 5.00. Zalaris ASA's overall GF Score™ is 89/100 with 5 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 Zalaris ASA (OSL:ZAL), the current Financial Strength is 6 as of Jun. 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 Zalaris ASA (OSL:ZAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zalaris ASA stock appears to be overvalued. The current stock price of kr100.00 is trading 4.3% above its estimated GF Value™ of kr95.86. GuruFocus considers Zalaris ASA to be Fairly Valued.

Key valuation signals for OSL:ZAL:

  • Financial Strength: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: kr95.86 vs. price of kr100.00 (4.3% above fair value)
  • GF Score™: 89/100 with 5 warning signs

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


Zalaris ASA Business Description

Address Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is a company that offers outsourced personnel and payroll services. The company has two reportable segments: Managed Services and Zalaris Consulting. Managed Services include payroll and HR outsourcing services, cloud system solutions and services, and contribute to the majority of the revenue. The Zalaris Consulting segment includes the implementation of SAP HCM & Payroll and SuccessFactors, based on Zalaris templates, or implementation of customer-specific functionalities. Zalaris operates in Norway, Northern Europe, Central Europe, the UK, Ireland, and APAC.
89GF Score

Get the complete analysis for OSL:ZAL

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

kr100.00
Price
kr95.86
GF Value