Tetra TechnologiesSTU:TGI -9.60%62 Altman Z2-Score is 2.01 as of Jul. 02, 2026, which is 209% above its 10-year median of 0.65. GuruFocus rates STU:TGI with a GF Score™ of 62/100 and a GF Value™ of €3.61 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 561 Conglomerates companies, Tetra Technologies ranks worse than 65.06% 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.
Tetra Technologies has a Altman Z2-Score of 2.01, indicating it is in Grey Zones. This implies that Tetra Technologies 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 Tetra Technologies's Altman Z2-Score or its related term are showing as below:
STU:TGI'
s Altman Z2-Score Range Over the Past 10 Years
Min: -0.99 Med: 0.65 Max: 2.58
Current: 2.01
During the past 13 years, Tetra Technologies's highest Altman Z2-Score was 2.58. The lowest was -0.99. And the median was 0.65.
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.
Altman Z2-Score does not apply to financial companies.
Tetra Technologies Altman Z2-Score Related Terms
Tetra Technologies Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for Tetra Technologies'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.
STU:TGI vs DLX, AIAI, MATW: Altman Z2-Score Comparison
For the Conglomerates subindustry, Tetra Technologies'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.
Tetra Technologies Altman Z2-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tetra Technologies's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Tetra Technologies's Altman Z2-Score falls into.
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.
Tetra Technologies'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
*
0.2266
+
3.26
*
-0.2372
+
6.72
*
0.0736
+
1.05
*
0.7615
=
2.01
* 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.
Tetra Technologies (STU:TGI) has a Altman Z2-Score of 2.01 as of Jul. 02, 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 Tetra Technologies and its competitors. This is 209% above median its historical median of 0.65. According to the industry distribution chart, Tetra Technologies ranks #365 out of 561 companies in the Conglomerates industry, placing it in the top 65.1%.
Is Tetra Technologies' Altman Z2-Score too high?
Tetra Technologies' current Altman Z2-Score of 2.01 is 209% above median its 10-year median of 0.65. The Conglomerates industry median Altman Z2-Score is 2.92. Tetra Technologies' value of 2.01 is 31.2% below this industry median. Based on the distribution chart, Tetra Technologies ranks #365 out of 561 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Tetra Technologies has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tetra Technologies' Altman Z2-Score compare to DLX and AIAI?
According to the Conglomerates industry distribution chart, Tetra Technologies ranks #365 out of 561 companies for Altman Z2-Score. This places Tetra Technologies in the lower half of its industry. The industry median Altman Z2-Score is 2.92. Tetra Technologies' value of 2.01 is 31.2% below this benchmark. While the company's 10-year median is 0.65 vs. the industry median of 2.92, Tetra Technologies 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 a Conglomerates company?
The median Altman Z2-Score among Conglomerates companies is 2.92, based on 561 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. Tetra Technologies's current Altman Z2-Score of 2.01 is 31.2% 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 Tetra Technologies and its competitors. For the Conglomerates industry, the median Altman Z2-Score is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tetra Technologies's current Altman Z2-Score is 2.01, which is 209% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tetra Technologies stock overvalued right now?
Based on GuruFocus' analysis, Tetra Technologies (STU:TGI) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.61, compared to a current price of €8.95 — trading 147.9% above its estimated fair value. The current Altman Z2-Score is 2.01, which is 209% above median its 10-year median of 0.65 and 31.2% below the Conglomerates industry median of 2.92. Tetra Technologies' overall GF Score™ is 62/100 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 Tetra Technologies (STU:TGI), the current Altman Z2-Score is 2.01 as of Jul. 02, 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 Tetra Technologies (STU:TGI) Overvalued in 2026?
Based on GuruFocus' analysis, Tetra Technologies stock appears to be overvalued.
The current stock price of €8.95 is trading 147.9% above its estimated GF Value™ of €3.61.
GuruFocus considers Tetra Technologies to be Significantly Overvalued.
Key valuation signals for STU:TGI:
Altman Z2-Score: 2.01 (209% above median its 10-year median of 0.65)
GF Value™: €3.61 vs. price of €8.95 (147.9% above fair value)
Industry Position: 31.2% below the Conglomerates median (#365 of 561)
No single metric tells the full story. See the STU:TGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tetra Technologies Inc is a diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, and compression services. It has two reporting segments, namely Completion Fluids & Products and Water & Flowback Services. The Completion Fluids & Products Division manufactures and markets clear brine fluids, additives, and associated products and services. The Water & Flowback Services Segment provides onshore oil and gas operators with comprehensive water management services. The majority of revenue is from the Completion Fluids & Products segment.
62GF Score
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