GSTechnologies (LSE:GST) Altman Z2-Score: 0.01 (As of Jun. 29, 2026) — 100% Below Median


What is GSTechnologies Altman Z2-Score?

GSTechnologies LSE:GST Altman Z2-Score is 0.01 as of Jun. 29, 2026, which is 100% below its 10-year median of 2.48. The stock has 5 warning signs investors should review. Among 2,819 Software companies, GSTechnologies ranks worse than 72.12% 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.

Warning Sign:

GSTechnologies has a Altman Z2-Score of 0.01, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 GSTechnologies's Altman Z2-Score or its related term are showing as below:

LSE:GST' s Altman Z2-Score Range Over the Past 10 Years
Min: -18.82   Med: 2.48   Max: 11
Current: 0.01

During the past 13 years, GSTechnologies's highest Altman Z2-Score was 11.00. The lowest was -18.82. And the median was 2.48.


GSTechnologies  (LSE:GST) 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.


GSTechnologies Altman Z2-Score Related Terms


GSTechnologies Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for GSTechnologies'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.

GSTechnologies Altman Z2-Score Chart

GSTechnologies Annual Data
Trend Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.21 6.86 0.75 0.18 0.01

GSTechnologies Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00 0.18 0.00 0.01 0.00

LSE:GST vs IBM, ACN, FISV: Altman Z2-Score Comparison

For the Information Technology Services subindustry, GSTechnologies'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.


GSTechnologies Altman Z2-Score vs Software Industry

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

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



GSTechnologies 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.

GSTechnologies'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*0.0913+3.26*-0.1514+6.72*-0.0491+1.05*0.2203
=0.01

* 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. 2025:
Total Assets was £36.39 Mil.
Total Current Assets was £33.10 Mil.
Total Current Liabilities was £29.78 Mil.
Retained Earnings was £-5.51 Mil.
Pre-Tax Income was £-1.79 Mil.
Interest Expense was £-0.01 Mil.
Total Liabilities was £29.86 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
=(33.102 - 29.779)/36.391
=0.0913

X2=Retained Earnings/Total Assets
=-5.511/36.391
=-0.1514

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.79 - -0.005)/36.391
=-0.0491

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(6.576 - 0)/29.855
=0.2203

The zones of discrimination were as such:

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

GSTechnologies has a Altman Z2-Score of 0.01 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.01 mean?
GSTechnologies (LSE:GST) has a Altman Z2-Score of 0.01 as of Jun. 29, 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 GSTechnologies and its competitors. This is 100% below median its historical median of 2.48. According to the industry distribution chart, GSTechnologies ranks #2033 out of 2819 companies in the Software industry, placing it in the top 72.1%.
Is GSTechnologies' Altman Z2-Score too high?
GSTechnologies' current Altman Z2-Score of 0.01 is 100% below median its 10-year median of 2.48. The Software industry median Altman Z2-Score is 3.06. GSTechnologies' value of 0.01 is 99.7% below this industry median. Based on the distribution chart, GSTechnologies ranks #2033 out of 2819 companies in the Software industry, which is below the industry midpoint.
How does GSTechnologies' Altman Z2-Score compare to IBM and ACN?
According to the Software industry distribution chart, GSTechnologies ranks #2033 out of 2819 companies for Altman Z2-Score. This places GSTechnologies in the lower half of its industry. The industry median Altman Z2-Score is 3.06. GSTechnologies' value of 0.01 is 99.7% below this benchmark. While the company's 10-year median is 2.48 vs. the industry median of 3.06, GSTechnologies 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 2,819 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. GSTechnologies's current Altman Z2-Score of 0.01 is 99.7% 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 GSTechnologies 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. GSTechnologies's current Altman Z2-Score is 0.01, which is 100% below median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSTechnologies stock overvalued right now?
GSTechnologies (LSE:GST) has a current Altman Z2-Score of 0.01. The current Altman Z2-Score is 0.01, which is 100% below median its 10-year median of 2.48 and 99.7% below the Software industry median of 3.06. 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 GSTechnologies (LSE:GST), the current Altman Z2-Score is 0.01 as of Jun. 29, 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.

GSTechnologies Business Description

Other Exchanges 6Y3:Germany
Address Level 11, 125th Street Georges Terrace, Perth, WA, AUS, 6000
GSTechnologies Ltd is a technology company listed on the London Stock Exchange. It operates three main business divisions: blockchain-based payment and financial services, foreign exchange (FX) solutions, and crypto asset exchange and wealth management. The company provides technology solutions across multiple countries, including the UK, Canada, Lithuania, Singapore, and Australia. Its services focus on fintech innovations, leveraging blockchain and digital asset technologies to offer secure payment systems, currency exchange, and wealth management products. Revenue is generated through its financial technology services and related technology platforms. The entity operates in one business segment, namely Information Data Technology and Infrastructure.