DUSXF (Dustin Group AB) Altman Z2-Score: 1.20 (As of Jun. 28, 2026) — 12% Above Median


DUSXF Dustin Group AB DUSXF
71 GF Score
Price $0.17
GF Value $0.15
! 4 Warning Signs
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What is Dustin Group AB Altman Z2-Score?

Dustin Group AB DUSXF 71 Altman Z2-Score is 1.20 as of Jun. 28, 2026, which is 12% above its 10-year median of 1.07. GuruFocus rates DUSXF with a GF Score™ of 71/100 and a GF Value™ of $0.15. The stock has 4 warning signs investors should review. Among 2,820 Software companies, Dustin Group AB ranks worse than 65.5% 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.

Dustin Group AB has a Altman Z2-Score of 1.20, indicating it is in Grey Zones. This implies that Dustin Group AB 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 Dustin Group AB's Altman Z2-Score or its related term are showing as below:

DUSXF' s Altman Z2-Score Range Over the Past 10 Years
Min: -1   Med: 1.07   Max: 2.11
Current: 1.2

During the past 13 years, Dustin Group AB's highest Altman Z2-Score was 2.11. The lowest was -1.00. And the median was 1.07.


Dustin Group AB  (OTCPK:DUSXF) 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.


Dustin Group AB Altman Z2-Score Related Terms


Dustin Group AB Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Dustin Group AB'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.

Dustin Group AB Altman Z2-Score Chart

Dustin Group AB Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.35 1.25 1.58 -0.35

Dustin Group AB Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -0.43 0.29 -0.35 -0.08 1.20

DUSXF vs IBM, ACN, FISV: Altman Z2-Score Comparison

For the Information Technology Services subindustry, Dustin Group AB'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.


Dustin Group AB Altman Z2-Score vs Software Industry

For the Software industry and Technology sector, Dustin Group AB's Altman Z2-Score distribution charts can be found below:

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


DUSXF
71GF Score
Dustin Group AB DUSXF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Dustin Group AB 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.

Dustin Group AB'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*0.0666+3.26*0+6.72*0.0072+1.05*0.6814
=1.20

* 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 Feb. 2026:
Total Assets was $1,494 Mil.
Total Current Assets was $675 Mil.
Total Current Liabilities was $575 Mil.
Retained Earnings was $0 Mil.
Pre-Tax Income was 1.891 + -3.996 + -1.044 + -4.553 = $-8 Mil.
Interest Expense was -4.116 + -4.838 + -3.55 + -5.899 = $-18 Mil.
Total Liabilities was $889 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
=(674.729 - 575.16)/1494.193
=0.0666

X2=Retained Earnings/Total Assets
=0/1494.193
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-7.702 - -18.403)/1494.193
=0.0072

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(605.531 - 0)/888.661
=0.6814

The zones of discrimination were as such:

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

Dustin Group AB has a Altman Z2-Score of 1.20 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.20 mean?
Dustin Group AB (DUSXF) has a Altman Z2-Score of 1.20 as of Jun. 28, 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 Dustin Group AB and its competitors. This is 12% above median its historical median of 1.07. According to the industry distribution chart, Dustin Group AB ranks #1847 out of 2820 companies in the Software industry, placing it in the top 65.5%.
Is Dustin Group AB's Altman Z2-Score too high?
Dustin Group AB's current Altman Z2-Score of 1.20 is 12% above median its 10-year median of 1.07. The Software industry median Altman Z2-Score is 3.06. Dustin Group AB's value of 1.20 is 60.7% below this industry median. Based on the distribution chart, Dustin Group AB ranks #1847 out of 2820 companies in the Software industry, which is below the industry midpoint. Overall, Dustin Group AB has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Dustin Group AB's Altman Z2-Score compare to IBM and ACN?
According to the Software industry distribution chart, Dustin Group AB ranks #1847 out of 2820 companies for Altman Z2-Score. This places Dustin Group AB in the lower half of its industry. The industry median Altman Z2-Score is 3.06. Dustin Group AB's value of 1.20 is 60.7% below this benchmark. While the company's 10-year median is 1.07 vs. the industry median of 3.06, Dustin Group AB 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 Software company?
The median Altman Z2-Score among Software companies is 3.06, based on 2,820 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. Dustin Group AB's current Altman Z2-Score of 1.20 is 60.7% 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 Dustin Group AB and its competitors. For the Software industry, the median Altman Z2-Score is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dustin Group AB's current Altman Z2-Score is 1.20, which is 12% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dustin Group AB stock overvalued right now?
Dustin Group AB (DUSXF) has a current Altman Z2-Score of 1.20. The stock's GF Value™ is $0.15, compared to a current price of $0.17 — trading 13.4% above its estimated fair value. The current Altman Z2-Score is 1.20, which is 12% above median its 10-year median of 1.07 and 60.7% below the Software industry median of 3.06. Dustin Group AB's overall GF Score™ is 71/100 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 Dustin Group AB (DUSXF), the current Altman Z2-Score is 1.20 as of Jun. 28, 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 Dustin Group AB (DUSXF) Overvalued in 2026?

Based on GuruFocus' analysis, Dustin Group AB stock appears to be overvalued. The current stock price of $0.17 is trading 13.4% above its estimated GF Value™ of $0.15.

Key valuation signals for DUSXF:

  • Altman Z2-Score: 1.20 (12% above median its 10-year median of 1.07)
  • GF Value™: $0.15 vs. price of $0.17 (13.4% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 60.7% below the Software median (#1847 of 2820)

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


Dustin Group AB Business Description

Address Augustendalsvagen 7, Nacka Strand, SWE, SE-131 52
Dustin Group AB operates as an IT reseller in the Nordic region. It offers a broad range of hardware, software, and associated services and solutions. Its product offering comprises computers, tablets, accessories, phones, audio and video equipment, office equipment, and software. The company operates through the following business segments: Small and Medium-sized Businesses; and Large Corporate and Public Sector. The company generates maximum revenue from the Large Corporate and Public Sector (LCP) segment. Geographically, it derives a majority of its revenue from Sweden and the rest from Finland, Denmark, Netherlands, Norway, and Belgium.
71GF Score

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

$0.17
Price
$0.15
GF Value