Gabriel Holding AS (CHIX:GABRC) Altman Z2-Score: 2.91 (As of Jul. 07, 2026) — Near Median


CHIX:GABRC Gabriel Holding AS CHIX:GABRC
78 GF Score
Price kr620.00
GF Value kr593.13
! 7 Warning Signs
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What is Gabriel Holding AS Altman Z2-Score?

Gabriel Holding AS CHIX:GABRC 78 Altman Z2-Score is 2.91 as of Jul. 07, 2026, which is 2% below its 10-year median of 2.98. GuruFocus rates CHIX:GABRC with a GF Score™ of 78/100 and a GF Value™ of kr593.13. The stock has 7 warning signs investors should review. Among 1,051 Manufacturing - Apparel & Accessories companies, Gabriel Holding AS ranks worse than 58.9% 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:

Gabriel Holding AS has a Altman Z2-Score of 2.91, 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 Gabriel Holding AS's Altman Z2-Score or its related term are showing as below:

CHIX:GABRc' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.57   Med: 2.98   Max: 8.33
Current: 2.91

During the past 13 years, Gabriel Holding AS's highest Altman Z2-Score was 8.33. The lowest was 1.57. And the median was 2.98.


Gabriel Holding AS  (CHIX:GABRc) 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.


Gabriel Holding AS Altman Z2-Score Related Terms


Gabriel Holding AS Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Gabriel Holding AS'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.

Gabriel Holding AS Altman Z2-Score Chart

Gabriel Holding AS Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 2.98 1.57 2.19 2.67

Gabriel Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.40 2.56 2.67 2.78 2.91

CHIX:GABRC vs AIN: Altman Z2-Score Comparison

For the Textile Manufacturing subindustry, Gabriel Holding AS'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.


Gabriel Holding AS Altman Z2-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gabriel Holding AS's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Gabriel Holding AS's Altman Z2-Score falls into.


CHIX:GABRC
78GF Score
Gabriel Holding AS CHIX:GABRC
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gabriel Holding AS 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.

Gabriel Holding AS'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*0.1094+3.26*0.339+6.72*0.0696+1.05*0.591
=2.91

* 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 Mar. 2026:
Total Assets was kr710.8 Mil.
Total Current Assets was kr446.1 Mil.
Total Current Liabilities was kr368.3 Mil.
Retained Earnings was kr240.9 Mil.
Pre-Tax Income was 14.135 + 7.943 + 10.7 + 4.583 = kr37.4 Mil.
Interest Expense was -2.476 + -2.4 + 1.017 + -8.246 = kr-12.1 Mil.
Total Liabilities was kr446.7 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
=(446.079 - 368.296)/710.753
=0.1094

X2=Retained Earnings/Total Assets
=240.941/710.753
=0.339

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(37.361 - -12.105)/710.753
=0.0696

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(264.009 - 0)/446.744
=0.591

The zones of discrimination were as such:

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

Gabriel Holding AS has a Altman Z2-Score of 2.91 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.91 mean?
Gabriel Holding AS (CHIX:GABRC) has a Altman Z2-Score of 2.91 as of Jul. 07, 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 Gabriel Holding AS and its competitors. This is near median its historical median of 2.98. Over the past decade, Gabriel Holding AS's Altman Z2-Score has ranged from 1.57 to 8.33. According to the industry distribution chart, Gabriel Holding AS ranks #619 out of 1051 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58.9%.
Is Gabriel Holding AS's Altman Z2-Score too high?
Gabriel Holding AS's current Altman Z2-Score of 2.91 is near median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 8.33. The Manufacturing - Apparel & Accessories industry median Altman Z2-Score is 3.59. Gabriel Holding AS's value of 2.91 is 18.9% below this industry median. Based on the distribution chart, Gabriel Holding AS ranks #619 out of 1051 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Gabriel Holding AS has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Gabriel Holding AS's Altman Z2-Score compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gabriel Holding AS ranks #619 out of 1051 companies for Altman Z2-Score. This places Gabriel Holding AS in the lower half of its industry. The industry median Altman Z2-Score is 3.59. Gabriel Holding AS's value of 2.91 is 18.9% below this benchmark. Historically, Gabriel Holding AS's own Altman Z2-Score has ranged from 1.57 to 8.33 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 3.59, Gabriel Holding AS 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 Manufacturing - Apparel & Accessories company?
The median Altman Z2-Score among Manufacturing - Apparel & Accessories companies is 3.59, based on 1,051 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. Gabriel Holding AS's current Altman Z2-Score of 2.91 is 18.9% 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 Gabriel Holding AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z2-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gabriel Holding AS's current Altman Z2-Score is 2.91, which is near median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gabriel Holding AS stock overvalued right now?
Gabriel Holding AS (CHIX:GABRC) has a current Altman Z2-Score of 2.91. The stock's GF Value™ is kr593.13, compared to a current price of kr620.00 — trading 4.5% above its estimated fair value. The current Altman Z2-Score is 2.91, which is near median its 10-year median of 2.98 and 18.9% below the Manufacturing - Apparel & Accessories industry median of 3.59. Gabriel Holding AS's overall GF Score™ is 78/100 with 7 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 Gabriel Holding AS (CHIX:GABRC), the current Altman Z2-Score is 2.91 as of Jul. 07, 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 Gabriel Holding AS (CHIX:GABRC) Overvalued in 2026?

Based on GuruFocus' analysis, Gabriel Holding AS stock appears to be overvalued. The current stock price of kr620.00 is trading 4.5% above its estimated GF Value™ of kr593.13.

Key valuation signals for CHIX:GABRC:

  • Altman Z2-Score: 2.91 (near median its 10-year median of 2.98)
  • GF Value™: kr593.13 vs. price of kr620.00 (4.5% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 18.9% below the Manufacturing - Apparel & Accessories median (#619 of 1051)

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


Gabriel Holding AS Business Description

Other Exchanges GABR:Denmark
Address Hjulmagervej 55, Aalborg, DNK, 9000
Gabriel Holding AS is a Denmark-based company that manufactures and sells furniture fabrics of pure wool and microfibers, upholstery fabrics, components, upholstered Surfaces and related products and services. It focuses on business areas that are Fabrics, FurnMaster, SampleMaster and others. Fabrics develop a wide range of furniture products; FurnMaster offers logistics solutions, cutting, sewing and assembly of furniture screens; and SampleMaster designs and produces boxes, hangers, catalogs, colour cards and other kind of promotional presentation materials. It provides a full palette of solutions and services for the international furniture industry, including fabrics, furniture and components, customised sample solutions, acoustic comfort, and knitting and embellishment services.
78GF Score

Get the complete analysis for CHIX:GABRC

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

kr620.00
Price
kr593.13
GF Value