TFPM (Triple Flag Precious Metals) Altman Z2-Score: 34.67 (As of Jun. 26, 2026) — 12% Below Median


TFPM Triple Flag Precious Metals Corp TFPM
91 GF Score
Price $30.25
GF Value $33.69
Valuation Modestly Undervalued
View Full Analysis

What is Triple Flag Precious Metals Altman Z2-Score?

Triple Flag Precious Metals TFPM +7.37% 91 Altman Z2-Score is 34.67 as of Jun. 26, 2026, which is 12% below its 10-year median of 39.61. GuruFocus rates TFPM with a GF Score™ of 91/100 and a GF Value™ of $33.69 (Modestly Undervalued). Among 2,618 Metals & Mining companies, Triple Flag Precious Metals ranks better than 88.62% 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:

Triple Flag Precious Metals has a Altman Z2-Score of 34.67, 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 Triple Flag Precious Metals's Altman Z2-Score or its related term are showing as below:

TFPM' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.28   Med: 39.61   Max: 175.35
Current: 34.68

During the past 8 years, Triple Flag Precious Metals's highest Altman Z2-Score was 175.35. The lowest was 1.28. And the median was 39.61.


Triple Flag Precious Metals  (NYSE:TFPM) 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.


Triple Flag Precious Metals Altman Z2-Score Related Terms


Triple Flag Precious Metals Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Triple Flag Precious Metals'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.

Triple Flag Precious Metals Altman Z2-Score Chart

Triple Flag Precious Metals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 155.44 75.47 23.08 53.31 32.94

Triple Flag Precious Metals 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 57.38 47.82 32.99 32.94 34.68

TFPM vs HL: Altman Z2-Score Comparison

For the Other Precious Metals & Mining subindustry, Triple Flag Precious Metals'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.


Triple Flag Precious Metals Altman Z2-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Triple Flag Precious Metals's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Triple Flag Precious Metals's Altman Z2-Score falls into.


TFPM
91GF Score
Triple Flag Precious Metals Corp TFPM
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Triple Flag Precious Metals 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.

Triple Flag Precious Metals'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*0.0919+3.26*0.1214+6.72*0.1595+1.05*31.0512
=34.67

* 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 $2,218.6 Mil.
Total Current Assets was $242.2 Mil.
Total Current Liabilities was $38.4 Mil.
Retained Earnings was $269.4 Mil.
Pre-Tax Income was 130.282 + 90.619 + 68.897 + 60.32 = $350.1 Mil.
Interest Expense was -0.108 + -1.333 + -1.382 + -0.901 = $-3.7 Mil.
Total Liabilities was $69.2 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
=(242.17 - 38.373)/2218.555
=0.0919

X2=Retained Earnings/Total Assets
=269.374/2218.555
=0.1214

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(350.118 - -3.724)/2218.555
=0.1595

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2149.336 - 0)/69.219
=31.0512

The zones of discrimination were as such:

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

Triple Flag Precious Metals has a Altman Z2-Score of 34.67 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 34.67 mean?
Triple Flag Precious Metals (TFPM) has a Altman Z2-Score of 34.67 as of Jun. 26, 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 Triple Flag Precious Metals and its competitors. This is 12% below median its historical median of 39.61. Over the past decade, Triple Flag Precious Metals' Altman Z2-Score has ranged from 1.28 to 175.35. According to the industry distribution chart, Triple Flag Precious Metals ranks #298 out of 2618 companies in the Metals & Mining industry, placing it in the top 11.4%.
Is Triple Flag Precious Metals' Altman Z2-Score too high?
Triple Flag Precious Metals' current Altman Z2-Score of 34.67 is 12% below median its 10-year median of 39.61. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 175.35. The Metals & Mining industry median Altman Z2-Score is 2.14. Triple Flag Precious Metals' value of 34.67 is 1520.1% above this industry median. Based on the distribution chart, Triple Flag Precious Metals ranks #298 out of 2618 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Triple Flag Precious Metals has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Triple Flag Precious Metals' Altman Z2-Score compare to HL?
According to the Metals & Mining industry distribution chart, Triple Flag Precious Metals ranks #298 out of 2618 companies for Altman Z2-Score. This places Triple Flag Precious Metals in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.14. Triple Flag Precious Metals' value of 34.67 is 1520.1% above this benchmark. Historically, Triple Flag Precious Metals' own Altman Z2-Score has ranged from 1.28 to 175.35 over the past decade. While the company's 10-year median is 39.61 vs. the industry median of 2.14, Triple Flag Precious Metals 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 Metals & Mining company?
The median Altman Z2-Score among Metals & Mining companies is 2.14, based on 2,618 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. Triple Flag Precious Metals's current Altman Z2-Score of 34.67 is 1520.1% 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 Triple Flag Precious Metals and its competitors. For the Metals & Mining industry, the median Altman Z2-Score is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triple Flag Precious Metals's current Altman Z2-Score is 34.67, which is 12% below median its own 10-year median of 39.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple Flag Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Triple Flag Precious Metals (TFPM) is currently considered Modestly Undervalued. The stock's GF Value™ is $33.69, compared to a current price of $30.25 — trading 10.2% below its estimated fair value. The current Altman Z2-Score is 34.67, which is 12% below median its 10-year median of 39.61 and 1520.1% above the Metals & Mining industry median of 2.14. Triple Flag Precious Metals' overall GF Score™ is 91/100. 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 Triple Flag Precious Metals (TFPM), the current Altman Z2-Score is 34.67 as of Jun. 26, 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 Triple Flag Precious Metals (TFPM) Overvalued in 2026?

Based on GuruFocus' analysis, Triple Flag Precious Metals stock appears to be undervalued. The current stock price of $30.25 is trading 10.2% below its estimated GF Value™ of $33.69. GuruFocus considers Triple Flag Precious Metals to be Modestly Undervalued.

Key valuation signals for TFPM:

  • Altman Z2-Score: 34.67 (12% below median its 10-year median of 39.61)
  • GF Value™: $33.69 vs. price of $30.25 (10.2% below fair value)
  • GF Score™: 91/100
  • Industry Position: 1520.1% above the Metals & Mining median (#298 of 2618)

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


Triple Flag Precious Metals Business Description

Other Exchanges 7781:GermanyTFPM:Canada
Address 161 Bay Street, Suite 4535, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Triple Flag Precious Metals Corp is a streaming and royalty company focused on precious metals. Its revenues are largely generated from a diversified portfolio of properties in Australia, Canada, Colombia, Cote d'Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. Its diversified portfolio of streams and royalties comprises long-life mining assets, including the Northparkes copper-gold mine in Australia, the Cerro Lindo polymetallic mine in Peru, the Fosterville gold mine in Australia, the Buritica gold mine in Colombia, and the Impala Bafokeng Operations in South Africa among others. A majority of its revenue is derived through its interests in various gold streams. Geographically, the company derives maximum revenue from Australia, followed by Peru and other regions.
91GF Score

Get the complete analysis for TFPM

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

$30.25
Price
$33.69
GF Value