SXC (SunCoke Energy) Altman Z2-Score: 1.27 (As of Jun. 24, 2026) — Near Median


SXC SunCoke Energy Inc SXC
71 GF Score
Price $8.16
GF Value $8.22
Valuation Fairly Valued
! 7 Warning Signs
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What is SunCoke Energy Altman Z2-Score?

SunCoke Energy SXC -2.51% 71 Altman Z2-Score is 1.27 as of Jun. 24, 2026, which is 9% below its 10-year median of 1.39. GuruFocus rates SXC with a GF Score™ of 71/100 and a GF Value™ of $8.22 (Fairly Valued). The stock has 7 warning signs investors should review. Among 633 Steel companies, SunCoke Energy ranks worse than 77.41% 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.

SunCoke Energy has a Altman Z2-Score of 1.27, indicating it is in Grey Zones. This implies that SunCoke Energy 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 SunCoke Energy's Altman Z2-Score or its related term are showing as below:

SXC' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.24   Med: 1.39   Max: 2.77
Current: 1.27

During the past 13 years, SunCoke Energy's highest Altman Z2-Score was 2.77. The lowest was 0.24. And the median was 1.39.


SunCoke Energy  (NYSE:SXC) 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.


SunCoke Energy Altman Z2-Score Related Terms


SunCoke Energy Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for SunCoke Energy'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.

SunCoke Energy Altman Z2-Score Chart

SunCoke Energy 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 1.26 1.92 2.06 2.68 1.36

SunCoke Energy 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 2.77 2.73 2.03 1.36 1.27

SXC vs METC, AREC, AMR: Altman Z2-Score Comparison

For the Coking Coal subindustry, SunCoke Energy'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.


SunCoke Energy Altman Z2-Score vs Steel Industry

For the Steel industry and Basic Materials sector, SunCoke Energy's Altman Z2-Score distribution charts can be found below:

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


SXC
71GF Score
SunCoke Energy Inc SXC
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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SunCoke Energy 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.

SunCoke Energy'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*0.142+3.26*0.0217+6.72*-0.0405+1.05*0.5173
=1.27

* 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 $1,735 Mil.
Total Current Assets was $447 Mil.
Total Current Liabilities was $200 Mil.
Retained Earnings was $38 Mil.
Pre-Tax Income was -4.3 + -107.2 + 5 + 4.4 = $-102 Mil.
Interest Expense was -8.7 + -9.4 + -8.4 + -5.4 = $-32 Mil.
Total Liabilities was $1,125 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
=(446.6 - 200.3)/1734.5
=0.142

X2=Retained Earnings/Total Assets
=37.6/1734.5
=0.0217

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-102.1 - -31.9)/1734.5
=-0.0405

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(581.7 - 0)/1124.5
=0.5173

The zones of discrimination were as such:

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

SunCoke Energy has a Altman Z2-Score of 1.27 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.27 mean?
SunCoke Energy (SXC) has a Altman Z2-Score of 1.27 as of Jun. 24, 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 SunCoke Energy and its competitors. This is near median its historical median of 1.39. Over the past decade, SunCoke Energy's Altman Z2-Score has ranged from 0.24 to 2.77. According to the industry distribution chart, SunCoke Energy ranks #490 out of 633 companies in the Steel industry, placing it in the top 77.4%.
Is SunCoke Energy's Altman Z2-Score too high?
SunCoke Energy's current Altman Z2-Score of 1.27 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.77. The Steel industry median Altman Z2-Score is 3.46. SunCoke Energy's value of 1.27 is 63.3% below this industry median. Based on the distribution chart, SunCoke Energy ranks #490 out of 633 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, SunCoke Energy has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SunCoke Energy's Altman Z2-Score compare to METC and AREC?
According to the Steel industry distribution chart, SunCoke Energy ranks #490 out of 633 companies for Altman Z2-Score. This places SunCoke Energy in the lower half of its industry. The industry median Altman Z2-Score is 3.46. SunCoke Energy's value of 1.27 is 63.3% below this benchmark. Historically, SunCoke Energy's own Altman Z2-Score has ranged from 0.24 to 2.77 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 3.46, SunCoke Energy 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 Steel company?
The median Altman Z2-Score among Steel companies is 3.46, based on 633 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. SunCoke Energy's current Altman Z2-Score of 1.27 is 63.3% 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 SunCoke Energy and its competitors. For the Steel industry, the median Altman Z2-Score is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SunCoke Energy's current Altman Z2-Score is 1.27, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SunCoke Energy stock overvalued right now?
Based on GuruFocus' analysis, SunCoke Energy (SXC) is currently considered Fairly Valued. The stock's GF Value™ is $8.22, compared to a current price of $8.16 — trading 0.7% below its estimated fair value. The current Altman Z2-Score is 1.27, which is near median its 10-year median of 1.39 and 63.3% below the Steel industry median of 3.46. SunCoke Energy's overall GF Score™ is 71/100 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 SunCoke Energy (SXC), the current Altman Z2-Score is 1.27 as of Jun. 24, 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 SunCoke Energy (SXC) Overvalued in 2026?

Based on GuruFocus' analysis, SunCoke Energy stock appears to be undervalued. The current stock price of $8.16 is trading 0.7% below its estimated GF Value™ of $8.22. GuruFocus considers SunCoke Energy to be Fairly Valued.

Key valuation signals for SXC:

  • Altman Z2-Score: 1.27 (near median its 10-year median of 1.39)
  • GF Value™: $8.22 vs. price of $8.16 (0.7% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 63.3% below the Steel median (#490 of 633)

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


SunCoke Energy Business Description

Other Exchanges S01:Germany
Address 1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532
SunCoke Energy Inc operates as an independent producer of coke in the Americas. Its coke is mainly used as a principal raw material in the blast furnace steelmaking process as well as in the foundry production of casted iron. The company operates through two segments: Domestic Coke and Industrial Services. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal-producing, and other manufacturing-based customers. The majority of revenue is derived from the Domestic Coke segment.
71GF Score

Get the complete analysis for SXC

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

$8.16
Price
$8.22
GF Value