MHH (Mastech Digital) Altman Z2-Score: 10.64 (As of Jun. 27, 2026) — 100% Above Median


MHH Mastech Digital Inc MHH
66 GF Score
Price $7.71
GF Value $7.17
Valuation Fairly Valued
! 5 Warning Signs
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What is Mastech Digital Altman Z2-Score?

Mastech Digital MHH -1.41% 66 Altman Z2-Score is 10.64 as of Jun. 27, 2026, which is 100% above its 10-year median of 5.32. GuruFocus rates MHH with a GF Score™ of 66/100 and a GF Value™ of $7.17 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,076 Business Services companies, Mastech Digital ranks better than 89.78% 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:

Mastech Digital has a Altman Z2-Score of 10.64, 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 Mastech Digital's Altman Z2-Score or its related term are showing as below:

MHH' s Altman Z2-Score Range Over the Past 10 Years
Min: 2   Med: 5.32   Max: 10.65
Current: 10.65

During the past 13 years, Mastech Digital's highest Altman Z2-Score was 10.65. The lowest was 2.00. And the median was 5.32.


Mastech Digital  (AMEX:MHH) 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.


Mastech Digital Altman Z2-Score Related Terms


Mastech Digital Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Mastech Digital'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.

Mastech Digital Altman Z2-Score Chart

Mastech Digital 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 6.02 8.55 6.92 8.40 8.66

Mastech Digital 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 8.42 8.50 8.08 8.66 10.65

MHH vs BGSF, ATLN, JOB: Altman Z2-Score Comparison

For the Staffing & Employment Services subindustry, Mastech Digital'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.


Mastech Digital Altman Z2-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Mastech Digital's Altman Z2-Score distribution charts can be found below:

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


MHH
66GF Score
Mastech Digital Inc MHH
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mastech Digital 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.

Mastech Digital'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*0.4681+3.26*0.5249+6.72*0.0322+1.05*5.3777
=10.64

* 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 $108.0 Mil.
Total Current Assets was $66.6 Mil.
Total Current Liabilities was $16.0 Mil.
Retained Earnings was $56.7 Mil.
Pre-Tax Income was 0.657 + 1.379 + 1.235 + 0.21 = $3.5 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.0 Mil.
Total Liabilities was $16.9 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
=(66.566 - 16.013)/107.994
=0.4681

X2=Retained Earnings/Total Assets
=56.691/107.994
=0.5249

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3.481 - 0)/107.994
=0.0322

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(91.061 - 0)/16.933
=5.3777

The zones of discrimination were as such:

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

Mastech Digital has a Altman Z2-Score of 10.64 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 10.64 mean?
Mastech Digital (MHH) has a Altman Z2-Score of 10.64 as of Jun. 27, 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 Mastech Digital and its competitors. This is 100% above median its historical median of 5.32. Over the past decade, Mastech Digital's Altman Z2-Score has ranged from 2.00 to 10.65. According to the industry distribution chart, Mastech Digital ranks #110 out of 1076 companies in the Business Services industry, placing it in the top 10.2%.
Is Mastech Digital's Altman Z2-Score too high?
Mastech Digital's current Altman Z2-Score of 10.64 is 100% above median its 10-year median of 5.32. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 10.65. The Business Services industry median Altman Z2-Score is 3.62. Mastech Digital's value of 10.64 is 194.3% above this industry median. Based on the distribution chart, Mastech Digital ranks #110 out of 1076 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Mastech Digital has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mastech Digital's Altman Z2-Score compare to BGSF and ATLN?
According to the Business Services industry distribution chart, Mastech Digital ranks #110 out of 1076 companies for Altman Z2-Score. This places Mastech Digital in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.62. Mastech Digital's value of 10.64 is 194.3% above this benchmark. Historically, Mastech Digital's own Altman Z2-Score has ranged from 2.00 to 10.65 over the past decade. While the company's 10-year median is 5.32 vs. the industry median of 3.62, Mastech Digital 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 Business Services company?
The median Altman Z2-Score among Business Services companies is 3.62, based on 1,076 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. Mastech Digital's current Altman Z2-Score of 10.64 is 194.3% 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 Mastech Digital and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mastech Digital's current Altman Z2-Score is 10.64, which is 100% above median its own 10-year median of 5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mastech Digital stock overvalued right now?
Based on GuruFocus' analysis, Mastech Digital (MHH) is currently considered Fairly Valued. The stock's GF Value™ is $7.17, compared to a current price of $7.71 — trading 7.5% above its estimated fair value. The current Altman Z2-Score is 10.64, which is 100% above median its 10-year median of 5.32 and 194.3% above the Business Services industry median of 3.62. Mastech Digital's overall GF Score™ is 66/100 with 5 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 Mastech Digital (MHH), the current Altman Z2-Score is 10.64 as of Jun. 27, 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 Mastech Digital (MHH) Overvalued in 2026?

Based on GuruFocus' analysis, Mastech Digital stock appears to be overvalued. The current stock price of $7.71 is trading 7.5% above its estimated GF Value™ of $7.17. GuruFocus considers Mastech Digital to be Fairly Valued.

Key valuation signals for MHH:

  • Altman Z2-Score: 10.64 (100% above median its 10-year median of 5.32)
  • GF Value™: $7.17 vs. price of $7.71 (7.5% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 194.3% above the Business Services median (#110 of 1076)

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


Mastech Digital Business Description

Other Exchanges MS4A:Germany
Address 1305 Cherrington Parkway, Building 210, Suite 400, Moon Township, PA, USA, 15108
Mastech Digital Inc is a provider of Digital Transformation IT Services. The Company offers data & analytics solutions & IT staffing services for both digital & mainstream technologies. The Group has two segments. Its Data & Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics & cloud services to customers globally. The IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital & mainstream technologies. The company derives a majority of its revenue from IT staffing services. Geographically, the majority of revenue is generated from the United States.
66GF Score

Get the complete analysis for MHH

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

$7.71
Price
$7.17
GF Value