Vimi Fasteners SpA (MIL:VIM) Altman Z2-Score: 1.89 (As of Jun. 28, 2026) — Near Median


MIL:VIM Vimi Fasteners SpA MIL:VIM
67 GF Score
Price €1.29
GF Value €1.37
Valuation Fairly Valued
! 2 Warning Signs
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What is Vimi Fasteners SpA Altman Z2-Score?

Vimi Fasteners SpA MIL:VIM -5.84% 67 Altman Z2-Score is 1.89 as of Jun. 28, 2026, which is 5% above its 10-year median of 1.80. GuruFocus rates MIL:VIM with a GF Score™ of 67/100 and a GF Value™ of €1.37 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,038 Industrial Products companies, Vimi Fasteners SpA ranks worse than 77.75% 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.

Vimi Fasteners SpA has a Altman Z2-Score of 1.89, indicating it is in Grey Zones. This implies that Vimi Fasteners SpA 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 Vimi Fasteners SpA's Altman Z2-Score or its related term are showing as below:

MIL:VIM' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.27   Med: 1.8   Max: 2.04
Current: 1.89

During the past 11 years, Vimi Fasteners SpA's highest Altman Z2-Score was 2.04. The lowest was 1.27. And the median was 1.80.


Vimi Fasteners SpA  (MIL:VIM) 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.


Vimi Fasteners SpA Altman Z2-Score Related Terms


Vimi Fasteners SpA Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Vimi Fasteners SpA'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.

Vimi Fasteners SpA Altman Z2-Score Chart

Vimi Fasteners SpA 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 1.92 1.89 1.80 1.72 1.89

Vimi Fasteners SpA Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.80 0.00 1.72 0.00 1.89

MIL:VIM vs SNA, RBC, LECO: Altman Z2-Score Comparison

For the Tools & Accessories subindustry, Vimi Fasteners SpA'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.


Vimi Fasteners SpA Altman Z2-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vimi Fasteners SpA's Altman Z2-Score distribution charts can be found below:

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


MIL:VIM
67GF Score
Vimi Fasteners SpA MIL:VIM
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Vimi Fasteners SpA 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.

Vimi Fasteners SpA'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*0.0306+3.26*0.1711+6.72*0.0369+1.05*0.8425
=1.89

* 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 Dec. 2025:
Total Assets was €72.69 Mil.
Total Current Assets was €30.68 Mil.
Total Current Liabilities was €28.46 Mil.
Retained Earnings was €12.44 Mil.
Pre-Tax Income was €1.79 Mil.
Interest Expense was €-0.89 Mil.
Total Liabilities was €39.45 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
=(30.683 - 28.459)/72.693
=0.0306

X2=Retained Earnings/Total Assets
=12.435/72.693
=0.1711

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.791 - -0.891)/72.693
=0.0369

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(33.24 - 0)/39.453
=0.8425

The zones of discrimination were as such:

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

Vimi Fasteners SpA has a Altman Z2-Score of 1.89 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.89 mean?
Vimi Fasteners SpA (MIL:VIM) has a Altman Z2-Score of 1.89 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 Vimi Fasteners SpA and its competitors. This is near median its historical median of 1.80. Over the past decade, Vimi Fasteners SpA's Altman Z2-Score has ranged from 1.27 to 2.04. According to the industry distribution chart, Vimi Fasteners SpA ranks #2362 out of 3038 companies in the Industrial Products industry, placing it in the top 77.7%.
Is Vimi Fasteners SpA's Altman Z2-Score too high?
Vimi Fasteners SpA's current Altman Z2-Score of 1.89 is near median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.04. The Industrial Products industry median Altman Z2-Score is 4.28. Vimi Fasteners SpA's value of 1.89 is 55.8% below this industry median. Based on the distribution chart, Vimi Fasteners SpA ranks #2362 out of 3038 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Vimi Fasteners SpA has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vimi Fasteners SpA's Altman Z2-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Vimi Fasteners SpA ranks #2362 out of 3038 companies for Altman Z2-Score. This places Vimi Fasteners SpA in the lower half of its industry. The industry median Altman Z2-Score is 4.28. Vimi Fasteners SpA's value of 1.89 is 55.8% below this benchmark. Historically, Vimi Fasteners SpA's own Altman Z2-Score has ranged from 1.27 to 2.04 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 4.28, Vimi Fasteners SpA 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 an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.28, based on 3,038 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. Vimi Fasteners SpA's current Altman Z2-Score of 1.89 is 55.8% 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 Vimi Fasteners SpA and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vimi Fasteners SpA's current Altman Z2-Score is 1.89, which is near median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vimi Fasteners SpA stock overvalued right now?
Based on GuruFocus' analysis, Vimi Fasteners SpA (MIL:VIM) is currently considered Fairly Valued. The stock's GF Value™ is €1.37, compared to a current price of €1.29 — trading 5.8% below its estimated fair value. The current Altman Z2-Score is 1.89, which is near median its 10-year median of 1.80 and 55.8% below the Industrial Products industry median of 4.28. Vimi Fasteners SpA's overall GF Score™ is 67/100 with 2 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 Vimi Fasteners SpA (MIL:VIM), the current Altman Z2-Score is 1.89 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 Vimi Fasteners SpA (MIL:VIM) Overvalued in 2026?

Based on GuruFocus' analysis, Vimi Fasteners SpA stock appears to be undervalued. The current stock price of €1.29 is trading 5.8% below its estimated GF Value™ of €1.37. GuruFocus considers Vimi Fasteners SpA to be Fairly Valued.

Key valuation signals for MIL:VIM:

  • Altman Z2-Score: 1.89 (near median its 10-year median of 1.80)
  • GF Value™: €1.37 vs. price of €1.29 (5.8% below fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 55.8% below the Industrial Products median (#2362 of 3038)

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


Vimi Fasteners SpA Business Description

Address Via Labriola, 19, Reggio Emilia, Novellara, ITA, 42017
Vimi Fasteners SpA is an Italian company that manufactures and markets fasteners and mechanical components for the automotive, industrial engine, agricultural infrastructure, oil and gas, and renewable energy sectors. The different products offered by the company include connecting rod screws, screws and studs for braking systems, turbocharger screws and shafts, pins, wheel hubs, and others. Geographically, the company generates maximum revenue from the European Union (EU) countries, followed by Italy, the United States and Canada, and other regions.
67GF Score

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

€1.29
Price
€1.37
GF Value