What is KHD Humboldt Wedag Industrial Services AG Altman Z2-Score?
KHD Humboldt Wedag Industrial Services AGFRA:HETA 40 Altman Z2-Score is 110.02 as of Jul. 04, 2026, which is 59% above its 10-year median of 69.27. GuruFocus rates FRA:HETA with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 282 Forest Products companies, KHD Humboldt Wedag Industrial Services AG ranks better than 99.29% 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:
KHD Humboldt Wedag Industrial Services AG has a Altman Z2-Score of 110.02, 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.
KHD Humboldt Wedag Industrial Services AG (FRA:HETA) 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.
* 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.
KHD Humboldt Wedag Industrial Services AG Altman Z2-Score Chart
KHD Humboldt Wedag Industrial Services AG Annual Data
For the Paper & Paper Products subindustry, KHD Humboldt Wedag Industrial Services 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.
KHD Humboldt Wedag Industrial Services AG Altman Z2-Score vs Forest Products Industry
KHD Humboldt Wedag Industrial Services 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.
* 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.
KHD Humboldt Wedag Industrial Services AG (FRA:HETA) has a Altman Z2-Score of 110.02 as of Jul. 04, 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 KHD Humboldt Wedag Industrial Services AG and its competitors. This is 59% above median its historical median of 69.27. Over the past decade, KHD Humboldt Wedag Industrial Services AG's Altman Z2-Score has ranged from 34.86 to 232.50. According to the industry distribution chart, KHD Humboldt Wedag Industrial Services AG ranks #2 out of 282 companies in the Forest Products industry, placing it in the top 0.7%.
Is KHD Humboldt Wedag Industrial Services AG's Altman Z2-Score too high?
KHD Humboldt Wedag Industrial Services AG's current Altman Z2-Score of 110.02 is 59% above median its 10-year median of 69.27. Over the past 10 years, this metric has ranged from a low of 34.86 to a high of 232.50. The Forest Products industry median Altman Z2-Score is 2.61. KHD Humboldt Wedag Industrial Services AG's value of 110.02 is 4115.3% above this industry median. Based on the distribution chart, KHD Humboldt Wedag Industrial Services AG ranks #2 out of 282 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, KHD Humboldt Wedag Industrial Services AG has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does KHD Humboldt Wedag Industrial Services AG's Altman Z2-Score compare to SLVM?
According to the Forest Products industry distribution chart, KHD Humboldt Wedag Industrial Services AG ranks #2 out of 282 companies for Altman Z2-Score. This places KHD Humboldt Wedag Industrial Services AG in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.61. KHD Humboldt Wedag Industrial Services AG's value of 110.02 is 4115.3% above this benchmark. Historically, KHD Humboldt Wedag Industrial Services AG's own Altman Z2-Score has ranged from 34.86 to 232.50 over the past decade. While the company's 10-year median is 69.27 vs. the industry median of 2.61, KHD Humboldt Wedag Industrial Services 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 a Forest Products company?
The median Altman Z2-Score among Forest Products companies is 2.61, based on 282 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. KHD Humboldt Wedag Industrial Services AG's current Altman Z2-Score of 110.02 is 4115.3% 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 KHD Humboldt Wedag Industrial Services AG and its competitors. For the Forest Products industry, the median Altman Z2-Score is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KHD Humboldt Wedag Industrial Services AG's current Altman Z2-Score is 110.02, which is 59% above median its own 10-year median of 69.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KHD Humboldt Wedag Industrial Services AG stock overvalued right now?
KHD Humboldt Wedag Industrial Services AG (FRA:HETA) has a current Altman Z2-Score of 110.02. The current Altman Z2-Score is 110.02, which is 59% above median its 10-year median of 69.27 and 4115.3% above the Forest Products industry median of 2.61. KHD Humboldt Wedag Industrial Services AG's overall GF Score™ is 40/100 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 KHD Humboldt Wedag Industrial Services AG (FRA:HETA), the current Altman Z2-Score is 110.02 as of Jul. 04, 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.
KHD Humboldt Wedag Industrial Services AG Business Description
KHD Humboldt Wedag Industrial Services AG has specialized in the provision of equipment and services for companies in the cement and mining industries.
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