Deme Group NV (CHIX:DEMEB) Altman Z2-Score: 1.93 (As of Jul. 02, 2026) — 25% Above Median


CHIX:DEMEB Deme Group NV CHIX:DEMEB
68 GF Score
Price €191.00
GF Value €155.77
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Deme Group NV Altman Z2-Score?

Deme Group NV CHIX:DEMEB 68 Altman Z2-Score is 1.93 as of Jul. 02, 2026, which is 25% above its 10-year median of 1.55. GuruFocus rates CHIX:DEMEB with a GF Score™ of 68/100 and a GF Value™ of €155.77 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,762 Construction companies, Deme Group NV ranks worse than 67.48% 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.

Deme Group NV has a Altman Z2-Score of 1.93, indicating it is in Grey Zones. This implies that Deme Group NV is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 Deme Group NV's Altman Z2-Score or its related term are showing as below:

CHIX:DEMEb' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.04   Med: 1.55   Max: 1.93
Current: 1.93

During the past 11 years, Deme Group NV's highest Altman Z2-Score was 1.93. The lowest was 0.04. And the median was 1.55.


Deme Group NV  (CHIX:DEMEb) 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.


Deme Group NV Altman Z2-Score Related Terms


Deme Group NV Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Deme Group NV'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.

Deme Group NV Altman Z2-Score Chart

Deme Group NV 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 1.72 1.51 1.59 1.86 1.93

Deme Group NV Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 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 1.59 0.00 1.86 0.00 1.93

CHIX:DEMEB vs PWR, FIX, EME: Altman Z2-Score Comparison

For the Engineering & Construction subindustry, Deme Group NV'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.


Deme Group NV Altman Z2-Score vs Construction Industry

For the Construction industry and Industrials sector, Deme Group NV's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Deme Group NV's Altman Z2-Score falls into.


CHIX:DEMEB
68GF Score
Deme Group NV CHIX:DEMEB
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deme Group NV 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.

Deme Group NV'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*-0.0288+3.26*0.3042+6.72*0.0704+1.05*0.6253
=1.93

* 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 €6,204 Mil.
Total Current Assets was €2,487 Mil.
Total Current Liabilities was €2,665 Mil.
Retained Earnings was €1,887 Mil.
Pre-Tax Income was €411 Mil.
Interest Expense was €-25 Mil.
Total Liabilities was €3,780 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
=(2486.66 - 2665.075)/6203.648
=-0.0288

X2=Retained Earnings/Total Assets
=1886.942/6203.648
=0.3042

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(411.376 - -25.36)/6203.648
=0.0704

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2363.782 - 0)/3779.957
=0.6253

The zones of discrimination were as such:

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

Deme Group NV has a Altman Z2-Score of 1.93 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.93 mean?
Deme Group NV (CHIX:DEMEB) has a Altman Z2-Score of 1.93 as of Jul. 02, 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 Deme Group NV and its competitors. This is 25% above median its historical median of 1.55. Over the past decade, Deme Group NV's Altman Z2-Score has ranged from 0.04 to 1.93. According to the industry distribution chart, Deme Group NV ranks #1189 out of 1762 companies in the Construction industry, placing it in the top 67.5%.
Is Deme Group NV's Altman Z2-Score too high?
Deme Group NV's current Altman Z2-Score of 1.93 is 25% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.93. The Construction industry median Altman Z2-Score is 3.21. Deme Group NV's value of 1.93 is 39.9% below this industry median. Based on the distribution chart, Deme Group NV ranks #1189 out of 1762 companies in the Construction industry, which is below the industry midpoint. Overall, Deme Group NV has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deme Group NV's Altman Z2-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Deme Group NV ranks #1189 out of 1762 companies for Altman Z2-Score. This places Deme Group NV in the lower half of its industry. The industry median Altman Z2-Score is 3.21. Deme Group NV's value of 1.93 is 39.9% below this benchmark. Historically, Deme Group NV's own Altman Z2-Score has ranged from 0.04 to 1.93 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 3.21, Deme Group NV has consistently been below 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 a Construction company?
The median Altman Z2-Score among Construction companies is 3.21, based on 1,762 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. Deme Group NV's current Altman Z2-Score of 1.93 is 39.9% below 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 Deme Group NV and its competitors. For the Construction industry, the median Altman Z2-Score is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deme Group NV's current Altman Z2-Score is 1.93, which is 25% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deme Group NV stock overvalued right now?
Based on GuruFocus' analysis, Deme Group NV (CHIX:DEMEB) is currently considered Modestly Overvalued. The stock's GF Value™ is €155.77, compared to a current price of €191.00 — trading 22.6% above its estimated fair value. The current Altman Z2-Score is 1.93, which is 25% above median its 10-year median of 1.55 and 39.9% below the Construction industry median of 3.21. Deme Group NV's overall GF Score™ is 68/100 with 4 warning signs 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 Deme Group NV (CHIX:DEMEB), the current Altman Z2-Score is 1.93 as of Jul. 02, 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 Deme Group NV (CHIX:DEMEB) Overvalued in 2026?

Based on GuruFocus' analysis, Deme Group NV stock appears to be overvalued. The current stock price of €191.00 is trading 22.6% above its estimated GF Value™ of €155.77. GuruFocus considers Deme Group NV to be Modestly Overvalued.

Key valuation signals for CHIX:DEMEB:

  • Altman Z2-Score: 1.93 (25% above median its 10-year median of 1.55)
  • GF Value™: €155.77 vs. price of €191.00 (22.6% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 39.9% below the Construction median (#1189 of 1762)

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


Deme Group NV Business Description

Other Exchanges MT0:GermanyDEME:Belgium
Address Scheldedijk 30, Haven 1025, Zwijndrecht, BEL, 2070
Deme Group NV Is a provider of dredging and construction services intended to cater to the renewable energy industries and environmental works. The company provides engineering and contracting services globally in the offshore renewables and non-renewables sectors and performs a wide variety of dredging activities and offers solutions for soil remediation and brownfield redevelopment, as well as environmental dredging and sediment treatment, thereby serving its clients. It has segments namely Offshore Energy, Dredging & Infra, Environmental and Concessions, out of which Offshore Energy derives maximum revenue. The company geographically operates in America, Africa, Europe, Middle East and Asia.
68GF Score

Get the complete analysis for CHIX:DEMEB

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€191.00
Price
€155.77
GF Value