KN Energies AB (STU:XIC) Altman Z2-Score: 1.81 (As of Jul. 12, 2026) — 46% Above Median


STU:XIC KN Energies AB STU:XIC
53 GF Score
Price €0.45
GF Value €0.27
Valuation Significantly Overvalued
! 7 Warning Signs
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What is KN Energies AB Altman Z2-Score?

KN Energies AB STU:XIC 53 Altman Z2-Score is 1.81 as of Jul. 12, 2026, which is 46% above its 10-year median of 1.24. GuruFocus rates STU:XIC with a GF Score™ of 53/100 and a GF Value™ of €0.27 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,010 Oil & Gas companies, KN Energies AB ranks worse than 50.4% 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.

KN Energies AB has a Altman Z2-Score of 1.81, indicating it is in Grey Zones. This implies that KN Energies AB 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 KN Energies AB's Altman Z2-Score or its related term are showing as below:

STU:XIC' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.63   Med: 1.24   Max: 6.15
Current: 1.81

During the past 13 years, KN Energies AB's highest Altman Z2-Score was 6.15. The lowest was -0.63. And the median was 1.24.


KN Energies AB  (STU:XIC) 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.


KN Energies AB Altman Z2-Score Related Terms


KN Energies AB Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for KN Energies 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.

KN Energies AB Altman Z2-Score Chart

KN Energies 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 -0.52 0.95 -0.54 1.57 1.59

KN Energies 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 1.79 1.72 1.79 1.59 1.81

STU:XIC vs WMB, EPD, KMI: Altman Z2-Score Comparison

For the Oil & Gas Midstream subindustry, KN Energies 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.


KN Energies AB Altman Z2-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, KN Energies AB's Altman Z2-Score distribution charts can be found below:

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


STU:XIC
53GF Score
KN Energies AB STU:XIC
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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KN Energies 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.

KN Energies 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*0.1139+3.26*0.0529+6.72*0.0585+1.05*0.4772
=1.81

* 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 €556.8 Mil.
Total Current Assets was €125.1 Mil.
Total Current Liabilities was €61.7 Mil.
Retained Earnings was €29.4 Mil.
Pre-Tax Income was 8.824 + 4.815 + 5.637 + 5.185 = €24.5 Mil.
Interest Expense was -1.86 + -1.971 + -1.964 + -2.307 = €-8.1 Mil.
Total Liabilities was €376.9 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
=(125.102 - 61.676)/556.798
=0.1139

X2=Retained Earnings/Total Assets
=29.439/556.798
=0.0529

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(24.461 - -8.102)/556.798
=0.0585

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(179.866 - 0)/376.932
=0.4772

The zones of discrimination were as such:

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

KN Energies AB has a Altman Z2-Score of 1.81 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.81 mean?
KN Energies AB (STU:XIC) has a Altman Z2-Score of 1.81 as of Jul. 12, 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 KN Energies AB and its competitors. This is 46% above median its historical median of 1.24. According to the industry distribution chart, KN Energies AB ranks #509 out of 1010 companies in the Oil & Gas industry, placing it in the top 50.4%.
Is KN Energies AB's Altman Z2-Score too high?
KN Energies AB's current Altman Z2-Score of 1.81 is 46% above median its 10-year median of 1.24. The Oil & Gas industry median Altman Z2-Score is 1.82. KN Energies AB's value of 1.81 is 0.5% below this industry median. Based on the distribution chart, KN Energies AB ranks #509 out of 1010 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, KN Energies AB has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KN Energies AB's Altman Z2-Score compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, KN Energies AB ranks #509 out of 1010 companies for Altman Z2-Score. This places KN Energies AB in the lower half of its industry. The industry median Altman Z2-Score is 1.82. KN Energies AB's value of 1.81 is 0.5% below this benchmark. While the company's 10-year median is 1.24 vs. the industry median of 1.82, KN Energies AB 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 Oil & Gas company?
The median Altman Z2-Score among Oil & Gas companies is 1.82, based on 1,010 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. KN Energies AB's current Altman Z2-Score of 1.81 is 0.5% 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 KN Energies AB and its competitors. For the Oil & Gas industry, the median Altman Z2-Score is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KN Energies AB's current Altman Z2-Score is 1.81, which is 46% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KN Energies AB stock overvalued right now?
Based on GuruFocus' analysis, KN Energies AB (STU:XIC) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.27, compared to a current price of €0.45 — trading 64.8% above its estimated fair value. The current Altman Z2-Score is 1.81, which is 46% above median its 10-year median of 1.24 and 0.5% below the Oil & Gas industry median of 1.82. KN Energies AB's overall GF Score™ is 53/100 with 7 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 KN Energies AB (STU:XIC), the current Altman Z2-Score is 1.81 as of Jul. 12, 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 KN Energies AB (STU:XIC) Overvalued in 2026?

Based on GuruFocus' analysis, KN Energies AB stock appears to be overvalued. The current stock price of €0.45 is trading 64.8% above its estimated GF Value™ of €0.27. GuruFocus considers KN Energies AB to be Significantly Overvalued.

Key valuation signals for STU:XIC:

  • Altman Z2-Score: 1.81 (46% above median its 10-year median of 1.24)
  • GF Value™: €0.27 vs. price of €0.45 (64.8% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 0.5% below the Oil & Gas median (#509 of 1010)

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


KN Energies AB Business Description

Industry EnergyOil & Gas
Other Exchanges KNE1L:Lithuania
Address Buriu Street 19, Klaipeda, LTU, 92276
KN Energies AB is a Lithuania-based international energy terminal operating company that provides safe and reliable flows of liquid energy, and loading of chemicals and raw materials for consumers of the Baltic region while providing clients around the world with the knowledge and skills to develop infrastructure projects of sustainable energy. The company covers the main areas of activity, liquid energy products, terminals of liquefied natural gas (LNG), and new energy types such as synthetic fuels, hydrogen and its compounds, and other alternative energy carriers, as well as carbon capture and storage. The segments of the company are: Liquid energy terminals (LET) and LNG business further bifurcated as LNG terminal (LNGT), and LNG commercial (comLNG).
53GF Score

Get the complete analysis for STU:XIC

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

€0.45
Price
€0.27
GF Value