Candyking Holding AB (OSTO:CANDY) Altman Z2-Score: 0.73 (As of Jun. 25, 2026)

Q: What does a Altman Z2-Score of 0.73 mean?

Candyking Holding AB (OSTO:CANDY) has a Altman Z2-Score of 0.73 as of Jun. 25, 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 Candyking Holding AB and its competitors.

Q: Is Candyking Holding AB's Altman Z2-Score too high?

Candyking Holding AB's current Altman Z2-Score is 0.73. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Candyking Holding AB's value of 0.73 is 80.4% below this industry median.

Q: How does Candyking Holding AB's Altman Z2-Score compare to competitors?

Candyking Holding AB's Altman Z2-Score of 0.73 can be compared against companies in the Consumer Packaged Goods industry. The industry median Altman Z2-Score is 3.73. Candyking Holding AB's value of 0.73 is 80.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

Q: What is a good Altman Z2-Score for a Consumer Packaged Goods company?

The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,964 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. Candyking Holding AB's current Altman Z2-Score of 0.73 is 80.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

Q: 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 Candyking Holding AB and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candyking Holding AB's current Altman Z2-Score is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Q: Is Candyking Holding AB stock overvalued right now?

Candyking Holding AB (OSTO:CANDY) has a current Altman Z2-Score of 0.73. The current Altman Z2-Score is 0.73 and 80.4% below the Consumer Packaged Goods industry median of 3.73. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

Q: How is Altman Z2-Score calculated?

Altman Z2-Score is calculated from a company's financial statements. For Candyking Holding AB (OSTO:CANDY), the current Altman Z2-Score is 0.73 as of Jun. 25, 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.

What is Candyking Holding AB Altman Z2-Score?

Candyking Holding AB OSTO:CANDY Altman Z2-Score is 0.73 as of Jun. 25, 2026.

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:

Candyking Holding AB has a Altman Z2-Score of 0.73, 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 Candyking Holding AB's Altman Z2-Score or its related term are showing as below:

Candyking Holding AB (OSTO:CANDY) 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.

Be Aware

Altman Z2-Score does not apply to financial companies.

Candyking Holding AB Altman Z2-Score Related Terms

Candyking Holding AB Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Candyking Holding 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.

Candyking Holding AB Altman Z2-Score Chart

Candyking Holding AB Annual Data

Trend

Dec12

Dec13

Dec14

Altman Z2-Score

0.00

Candyking Holding AB Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Altman Z2-Score	Get a 7-Day Free Trial						0.00	0.00	0.00	0.00	0.00

Candyking Holding AB Altman Z2-Score Competitor Comparison

For the Confectioners subindustry, Candyking Holding 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.

Candyking Holding AB Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Candyking Holding AB's Altman Z2-Score distribution charts can be found below:

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

Save Embed

Candyking Holding 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.

Candyking Holding AB's Altman Z2-Score for today is calculated with this formula:

6.56

3.26

6.72

1.05

X4_2

6.56

0.0196

3.26

6.72

0.0367

1.05

0.3373

0.73

Trailing Twelve Months (TTM) ended in Mar. 2015:
Total Assets was kr1,740.10 Mil.
Total Current Assets was kr422.30 Mil.
Total Current Liabilities was kr388.20 Mil.
Retained Earnings was kr0.00 Mil.
Pre-Tax Income was -0.2 + 2.785 + -12.5 + -24.9 = kr-34.82 Mil.
Interest Expense was -14 + -14.666 + -30.2 + -39.8 = kr-98.67 Mil.
Total Liabilities was kr1,301.20 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
	=	(422.3 - 388.2)	/	1740.1
	=	0.0196

X2	=	Retained Earnings	/	Total Assets
	=	0	/	1740.1
	=	0

X3	=	Earnings Before Interest and Taxes	/	Total Assets
	=	(Pre-Tax Income - Interest Expense)	/	Total Assets
	=	(-34.815 - -98.666)	/	1740.1
	=	0.0367

X4_2	=	Net Worth	/	Total Liabilities
	=	(Total Stockholders Equity - Preferred Stock)	/	Total Liabilities
	=	(438.9 - 0)	/	1301.2
	=	0.3373

The zones of discrimination were as such:

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

Candyking Holding AB has a Altman Z2-Score of 0.73 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →

What does a Altman Z2-Score of 0.73 mean?

Candyking Holding AB (OSTO:CANDY) has a Altman Z2-Score of 0.73 as of Jun. 25, 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 Candyking Holding AB and its competitors.

Is Candyking Holding AB's Altman Z2-Score too high?

Candyking Holding AB's current Altman Z2-Score is 0.73. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Candyking Holding AB's value of 0.73 is 80.4% below this industry median.

How does Candyking Holding AB's Altman Z2-Score compare to competitors?

Candyking Holding AB's Altman Z2-Score of 0.73 can be compared against companies in the Consumer Packaged Goods industry. The industry median Altman Z2-Score is 3.73. Candyking Holding AB's value of 0.73 is 80.4% below this benchmark. 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 Consumer Packaged Goods company?

The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,964 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. Candyking Holding AB's current Altman Z2-Score of 0.73 is 80.4% 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 Candyking Holding AB and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candyking Holding AB's current Altman Z2-Score is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Candyking Holding AB stock overvalued right now?

Candyking Holding AB (OSTO:CANDY) has a current Altman Z2-Score of 0.73. The current Altman Z2-Score is 0.73 and 80.4% below the Consumer Packaged Goods industry median of 3.73. 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 Candyking Holding AB (OSTO:CANDY), the current Altman Z2-Score is 0.73 as of Jun. 25, 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.

Candyking Holding AB Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies OSTO:CLA B

Website http://group.candyking.com

Candyking Holding AB was founded in 1984. It is a supplier of pick & mix in the Nordic region, the UK and Ireland and has operations in Poland, the Czech Republic, Slovakia and Hungary. Candyking's confectionery concept and brands are Candyking, Karamellkungen, Premiyum and Candyking Favourites.