USWE Sports AB (OSTO:USWE) Altman Z2-Score: 2.93 (As of Jul. 07, 2026) — 25% Above Median


OSTO:USWE USWE Sports AB OSTO:USWE
69 GF Score
Price kr10.90
GF Value kr10.88
Valuation Fairly Valued
! 3 Warning Signs
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What is USWE Sports AB Altman Z2-Score?

USWE Sports AB OSTO:USWE 69 Altman Z2-Score is 2.93 as of Jul. 07, 2026, which is 25% above its 10-year median of 2.34. GuruFocus rates OSTO:USWE with a GF Score™ of 69/100 and a GF Value™ of kr10.88 (Fairly Valued). The stock has 3 warning signs investors should review. Among 850 Travel & Leisure companies, USWE Sports AB ranks better than 54.82% 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:

USWE Sports AB has a Altman Z2-Score of 2.93, 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 USWE Sports AB's Altman Z2-Score or its related term are showing as below:

OSTO:USWE' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.27   Med: 2.34   Max: 12.01
Current: 2.93

During the past 6 years, USWE Sports AB's highest Altman Z2-Score was 12.01. The lowest was 0.27. And the median was 2.34.


USWE Sports AB  (OSTO:USWE) 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.


USWE Sports AB Altman Z2-Score Related Terms


USWE Sports AB Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for USWE Sports 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.

USWE Sports AB Altman Z2-Score Chart

USWE Sports AB Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z2-Score
Get a 7-Day Free Trial 0.27 7.81 1.39 0.92 2.34

USWE Sports 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 2.34 1.95 2.19 1.54 2.93

OSTO:USWE vs AS, HAS, LTH: Altman Z2-Score Comparison

For the Leisure subindustry, USWE Sports 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.


USWE Sports AB Altman Z2-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, USWE Sports AB's Altman Z2-Score distribution charts can be found below:

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


OSTO:USWE
69GF Score
USWE Sports AB OSTO:USWE
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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USWE Sports 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.

USWE Sports 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*0.1995+3.26*-0.0224+6.72*-0.0059+1.05*1.6545
=2.93

* 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 kr108.1 Mil.
Total Current Assets was kr59.6 Mil.
Total Current Liabilities was kr38.0 Mil.
Retained Earnings was kr-2.4 Mil.
Pre-Tax Income was 0.835 + 0.437 + -2.337 + -2.809 = kr-3.9 Mil.
Interest Expense was 0 + -1.087 + -0.043 + -2.106 = kr-3.2 Mil.
Total Liabilities was kr40.7 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
=(59.577 - 38.011)/108.109
=0.1995

X2=Retained Earnings/Total Assets
=-2.422/108.109
=-0.0224

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.874 - -3.236)/108.109
=-0.0059

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(67.382 - 0)/40.727
=1.6545

The zones of discrimination were as such:

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

USWE Sports AB has a Altman Z2-Score of 2.93 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.93 mean?
USWE Sports AB (OSTO:USWE) has a Altman Z2-Score of 2.93 as of Jul. 07, 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 USWE Sports AB and its competitors. This is 25% above median its historical median of 2.34. Over the past decade, USWE Sports AB's Altman Z2-Score has ranged from 0.27 to 12.01. According to the industry distribution chart, USWE Sports AB ranks #384 out of 850 companies in the Travel & Leisure industry, placing it in the top 45.2%.
Is USWE Sports AB's Altman Z2-Score too high?
USWE Sports AB's current Altman Z2-Score of 2.93 is 25% above median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 12.01. The Travel & Leisure industry median Altman Z2-Score is 2.47. USWE Sports AB's value of 2.93 is 18.6% above this industry median. Based on the distribution chart, USWE Sports AB ranks #384 out of 850 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, USWE Sports AB has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does USWE Sports AB's Altman Z2-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, USWE Sports AB ranks #384 out of 850 companies for Altman Z2-Score. This puts USWE Sports AB in the upper half of its industry. The industry median Altman Z2-Score is 2.47. USWE Sports AB's value of 2.93 is 18.6% above this benchmark. Historically, USWE Sports AB's own Altman Z2-Score has ranged from 0.27 to 12.01 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 2.47, USWE Sports 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 Travel & Leisure company?
The median Altman Z2-Score among Travel & Leisure companies is 2.47, based on 850 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. USWE Sports AB's current Altman Z2-Score of 2.93 is 18.6% 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 USWE Sports AB and its competitors. For the Travel & Leisure industry, the median Altman Z2-Score is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. USWE Sports AB's current Altman Z2-Score is 2.93, which is 25% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is USWE Sports AB stock overvalued right now?
Based on GuruFocus' analysis, USWE Sports AB (OSTO:USWE) is currently considered Fairly Valued. The stock's GF Value™ is kr10.88, compared to a current price of kr10.90 — trading 0.2% above its estimated fair value. The current Altman Z2-Score is 2.93, which is 25% above median its 10-year median of 2.34 and 18.6% above the Travel & Leisure industry median of 2.47. USWE Sports AB's overall GF Score™ is 69/100 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 USWE Sports AB (OSTO:USWE), the current Altman Z2-Score is 2.93 as of Jul. 07, 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 USWE Sports AB (OSTO:USWE) Overvalued in 2026?

Based on GuruFocus' analysis, USWE Sports AB stock appears to be overvalued. The current stock price of kr10.90 is trading 0.2% above its estimated GF Value™ of kr10.88. GuruFocus considers USWE Sports AB to be Fairly Valued.

Key valuation signals for OSTO:USWE:

  • Altman Z2-Score: 2.93 (25% above median its 10-year median of 2.34)
  • GF Value™: kr10.88 vs. price of kr10.90 (0.2% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 18.6% above the Travel & Leisure median (#384 of 850)

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


USWE Sports AB Business Description

Address Bronsaldersgatan 1, Malmo, SWE, 213 76
USWE Sports AB manufactures bounce free action backpacks that provide the perfect fit on individual level. The unique shape and suspension allow to snug the packs really tight to the body, without affecting breathing capacity or body movement. USWE also makes Hydration Hip Belts, Hip Bags, Hip Pouches, Protector Backpacks and Commuter Backpacks. Further it also manufactures accessories for backpack such as Phone Pockets, Hydration Reservoirs, Bite valves, Tool Pouches, Dry Sacks and more.
69GF Score

Get the complete analysis for OSTO:USWE

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

kr10.90
Price
kr10.88
GF Value