BYSTF (Bystronic AG) Altman Z2-Score: 7.98 (As of Jun. 25, 2026) — Near Median


BYSTF Bystronic AG BYSTF
50 GF Score
Price $262.10
GF Value $441.24
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Bystronic AG Altman Z2-Score?

Bystronic AG BYSTF 50 Altman Z2-Score is 7.98 as of Jun. 25, 2026, which is 0% above its 10-year median of 7.95. GuruFocus rates BYSTF with a GF Score™ of 50/100 and a GF Value™ of $441.24 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 3,043 Industrial Products companies, Bystronic AG ranks better than 81.86% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Bystronic AG has a Altman Z2-Score of 7.98, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Bystronic AG's Altman Z2-Score or its related term are showing as below:

BYSTF' s Altman Z2-Score Range Over the Past 10 Years
Min: 7.01   Med: 7.95   Max: 9.45
Current: 7.98

During the past 13 years, Bystronic AG's highest Altman Z2-Score was 9.45. The lowest was 7.01. And the median was 7.95.


Bystronic AG  (OTCPK:BYSTF) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

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_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Bystronic AG Altman Z2-Score Related Terms


Bystronic AG Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Bystronic AG's Altman Z2-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.

Bystronic AG Altman Z2-Score Chart

Bystronic AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.78 7.07 8.66 7.01 7.98

Bystronic AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-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 8.66 0.00 7.01 0.00 7.98

BYSTF vs GEV, ETN, PH: Altman Z2-Score Comparison

For the Specialty Industrial Machinery subindustry, Bystronic AG's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


Bystronic AG Altman Z2-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bystronic AG's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Bystronic AG's Altman Z2-Score falls into.


BYSTF
50GF Score
Bystronic AG BYSTF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Bystronic AG Altman Z2-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.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Bystronic AG's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.4865+3.26*0.7389+6.72*-0.0167+1.05*2.3779
=7.98

* 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 Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was $1,061.0 Mil.
Total Current Assets was $809.9 Mil.
Total Current Liabilities was $293.8 Mil.
Retained Earnings was $783.9 Mil.
Pre-Tax Income was $-26.4 Mil.
Interest Expense was $-8.7 Mil.
Total Liabilities was $314.1 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
=(809.888 - 293.763)/1060.986
=0.4865

X2=Retained Earnings/Total Assets
=783.913/1060.986
=0.7389

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-26.352 - -8.659)/1060.986
=-0.0167

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(746.894 - 0)/314.092
=2.3779

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Bystronic AG has a Altman Z2-Score of 7.98 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.98 mean?
Bystronic AG (BYSTF) has a Altman Z2-Score of 7.98 as of Jun. 25, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Bystronic AG and its competitors. This is near median its historical median of 7.95. Over the past decade, Bystronic AG's Altman Z2-Score has ranged from 7.01 to 9.45. According to the industry distribution chart, Bystronic AG ranks #552 out of 3043 companies in the Industrial Products industry, placing it in the top 18.1%.
Is Bystronic AG's Altman Z2-Score too high?
Bystronic AG's current Altman Z2-Score of 7.98 is near median its 10-year median of 7.95. Over the past 10 years, this metric has ranged from a low of 7.01 to a high of 9.45. The Industrial Products industry median Altman Z2-Score is 4.28. Bystronic AG's value of 7.98 is 86.4% above this industry median. Based on the distribution chart, Bystronic AG ranks #552 out of 3043 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Bystronic AG has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bystronic AG's Altman Z2-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bystronic AG ranks #552 out of 3043 companies for Altman Z2-Score. This places Bystronic AG in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.28. Bystronic AG's value of 7.98 is 86.4% above this benchmark. Historically, Bystronic AG's own Altman Z2-Score has ranged from 7.01 to 9.45 over the past decade. While the company's 10-year median is 7.95 vs. the industry median of 4.28, Bystronic AG 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 Z2-Score for an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.28, based on 3,043 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bystronic AG's current Altman Z2-Score of 7.98 is 86.4% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Bystronic AG and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bystronic AG's current Altman Z2-Score is 7.98, which is near median its own 10-year median of 7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bystronic AG stock overvalued right now?
Based on GuruFocus' analysis, Bystronic AG (BYSTF) is currently considered Significantly Undervalued. The stock's GF Value™ is $441.24, compared to a current price of $262.10 — trading 40.6% below its estimated fair value. The current Altman Z2-Score is 7.98, which is near median its 10-year median of 7.95 and 86.4% above the Industrial Products industry median of 4.28. Bystronic AG's overall GF Score™ is 50/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Bystronic AG (BYSTF), the current Altman Z2-Score is 7.98 as of Jun. 25, 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 Bystronic AG (BYSTF) Overvalued in 2026?

Based on GuruFocus' analysis, Bystronic AG stock appears to be undervalued. The current stock price of $262.10 is trading 40.6% below its estimated GF Value™ of $441.24. GuruFocus considers Bystronic AG to be Significantly Undervalued.

Key valuation signals for BYSTF:

  • Altman Z2-Score: 7.98 (near median its 10-year median of 7.95)
  • GF Value™: $441.24 vs. price of $262.10 (40.6% below fair value)
  • GF Score™: 50/100 with 1 warning sign
  • Industry Position: 86.4% above the Industrial Products median (#552 of 3043)

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


Bystronic AG Business Description

Address Industriestrasse 21, Niederonz, CHE, CH-3362
Bystronic AG, formerly Conzzeta AG, is a Switzerland-based company that operates in the area of sheet metal processing. There are two divisional segments at Bystronic: Systems and Service, and two business units, Tube & Bending and DNE. Bystronic AG. The company has four regional segments at Bystronic: EMEA, Americas, China, and APAC.
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$262.10
Price
$441.24
GF Value