Acconeer AB (OSTO:ACCON) Altman Z2-Score: 9.74 (As of Jun. 27, 2026) — Near Median


OSTO:ACCON Acconeer AB OSTO:ACCON
57 GF Score
Price kr16.82
GF Value kr6.81
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Acconeer AB Altman Z2-Score?

Acconeer AB OSTO:ACCON -7.28% 57 Altman Z2-Score is 9.74 as of Jun. 27, 2026, which is 6% above its 10-year median of 9.18. GuruFocus rates OSTO:ACCON with a GF Score™ of 57/100 and a GF Value™ of kr6.81 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,479 Hardware companies, Acconeer AB ranks better than 87.29% 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:

Acconeer AB has a Altman Z2-Score of 9.74, 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 Acconeer AB's Altman Z2-Score or its related term are showing as below:

OSTO:ACCON' s Altman Z2-Score Range Over the Past 10 Years
Min: -4.32   Med: 9.18   Max: 38.44
Current: 9.74

During the past 11 years, Acconeer AB's highest Altman Z2-Score was 38.44. The lowest was -4.32. And the median was 9.18.


Acconeer AB  (OSTO:ACCON) 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.


Acconeer AB Altman Z2-Score Related Terms


Acconeer AB Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Acconeer 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.

Acconeer AB Altman Z2-Score Chart

Acconeer AB 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 8.20 6.24 -4.32 5.82 10.26

Acconeer AB 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 9.18 10.56 13.45 10.26 9.74

OSTO:ACCON vs APH, GLW, TEL: Altman Z2-Score Comparison

For the Electronic Components subindustry, Acconeer 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.


Acconeer AB Altman Z2-Score vs Hardware Industry

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

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


OSTO:ACCON
57GF Score
Acconeer AB OSTO:ACCON
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acconeer 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.

Acconeer 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*0.3861+3.26*-1.8854+6.72*-0.0736+1.05*13.1907
=9.74

* 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 kr298.63 Mil.
Total Current Assets was kr136.36 Mil.
Total Current Liabilities was kr21.04 Mil.
Retained Earnings was kr-563.05 Mil.
Pre-Tax Income was -8.645 + -5.668 + 0.448 + -8.133 = kr-22.00 Mil.
Interest Expense was 0 + 0 + -0.001 + -0.01 = kr-0.01 Mil.
Total Liabilities was kr21.04 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
=(136.359 - 21.044)/298.629
=0.3861

X2=Retained Earnings/Total Assets
=-563.046/298.629
=-1.8854

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-21.998 - -0.011)/298.629
=-0.0736

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(277.585 - 0)/21.044
=13.1907

The zones of discrimination were as such:

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

Acconeer AB has a Altman Z2-Score of 9.74 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 9.74 mean?
Acconeer AB (OSTO:ACCON) has a Altman Z2-Score of 9.74 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 Acconeer AB and its competitors. This is near median its historical median of 9.18. According to the industry distribution chart, Acconeer AB ranks #315 out of 2479 companies in the Hardware industry, placing it in the top 12.7%.
Is Acconeer AB's Altman Z2-Score too high?
Acconeer AB's current Altman Z2-Score of 9.74 is near median its 10-year median of 9.18. The Hardware industry median Altman Z2-Score is 4.09. Acconeer AB's value of 9.74 is 138.1% above this industry median. Based on the distribution chart, Acconeer AB ranks #315 out of 2479 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Acconeer AB has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acconeer AB's Altman Z2-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Acconeer AB ranks #315 out of 2479 companies for Altman Z2-Score. This places Acconeer AB in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.09. Acconeer AB's value of 9.74 is 138.1% above this benchmark. While the company's 10-year median is 9.18 vs. the industry median of 4.09, Acconeer AB 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 Hardware company?
The median Altman Z2-Score among Hardware companies is 4.09, based on 2,479 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. Acconeer AB's current Altman Z2-Score of 9.74 is 138.1% 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 Acconeer AB and its competitors. For the Hardware industry, the median Altman Z2-Score is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acconeer AB's current Altman Z2-Score is 9.74, which is near median its own 10-year median of 9.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acconeer AB stock overvalued right now?
Based on GuruFocus' analysis, Acconeer AB (OSTO:ACCON) is currently considered Significantly Overvalued. The stock's GF Value™ is kr6.81, compared to a current price of kr16.82 — trading 147% above its estimated fair value. The current Altman Z2-Score is 9.74, which is near median its 10-year median of 9.18 and 138.1% above the Hardware industry median of 4.09. Acconeer AB's overall GF Score™ is 57/100 with 3 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 Acconeer AB (OSTO:ACCON), the current Altman Z2-Score is 9.74 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 Acconeer AB (OSTO:ACCON) Overvalued in 2026?

Based on GuruFocus' analysis, Acconeer AB stock appears to be overvalued. The current stock price of kr16.82 is trading 147% above its estimated GF Value™ of kr6.81. GuruFocus considers Acconeer AB to be Significantly Overvalued.

Key valuation signals for OSTO:ACCON:

  • Altman Z2-Score: 9.74 (near median its 10-year median of 9.18)
  • GF Value™: kr6.81 vs. price of kr16.82 (147% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 138.1% above the Hardware median (#315 of 2479)

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


Acconeer AB Business Description

Other Exchanges 2LU:Germany
Address Vastra Varvsgatan 19, Malmo, SWE, 211 77
Acconeer AB has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. The radar sensor can be included in a range of mobile consumer products, from smart phones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. The company is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products.
57GF Score

Get the complete analysis for OSTO:ACCON

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

kr16.82
Price
kr6.81
GF Value