Engie Energia Chile (XSGO:ECL) Altman Z2-Score: 1.86 (As of Jul. 05, 2026) — 27% Below Median


XSGO:ECL Engie Energia Chile SA XSGO:ECL
63 GF Score
Price CLP1,780.00
GF Value CLP969.14
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Engie Energia Chile Altman Z2-Score?

Engie Energia Chile XSGO:ECL +0.56% 63 Altman Z2-Score is 1.86 as of Jul. 05, 2026, which is 27% below its 10-year median of 2.56. GuruFocus rates XSGO:ECL with a GF Score™ of 63/100 and a GF Value™ of CLP969.14 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 507 Utilities - Regulated companies, Engie Energia Chile ranks better than 57.4% 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.

Engie Energia Chile has a Altman Z2-Score of 1.86, indicating it is in Grey Zones. This implies that Engie Energia Chile 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 Engie Energia Chile's Altman Z2-Score or its related term are showing as below:

XSGO:ECL' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.1   Med: 2.56   Max: 4.13
Current: 1.86

During the past 13 years, Engie Energia Chile's highest Altman Z2-Score was 4.13. The lowest was -0.10. And the median was 2.56.


Engie Energia Chile  (XSGO:ECL) 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.


Engie Energia Chile Altman Z2-Score Related Terms


Engie Energia Chile Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Engie Energia Chile'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.

Engie Energia Chile Altman Z2-Score Chart

Engie Energia Chile 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 2.44 0.59 0.30 1.81 1.46

Engie Energia Chile 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 1.91 2.21 2.05 1.46 1.86

XSGO:ECL vs NEE, SO, DUK: Altman Z2-Score Comparison

For the Utilities - Regulated Electric subindustry, Engie Energia Chile'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.


Engie Energia Chile Altman Z2-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Engie Energia Chile's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Engie Energia Chile's Altman Z2-Score falls into.


XSGO:ECL
63GF Score
Engie Energia Chile SA XSGO:ECL
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Engie Energia Chile 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.

Engie Energia Chile'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*0.0615+3.26*0.0738+6.72*0.1018+1.05*0.5096
=1.86

* 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 CLP4,961,003 Mil.
Total Current Assets was CLP788,181 Mil.
Total Current Liabilities was CLP483,226 Mil.
Retained Earnings was CLP366,216 Mil.
Pre-Tax Income was 147136.286 + 15260.139 + 80851.4 + 138593.883 = CLP381,842 Mil.
Interest Expense was -20940.191 + -45621.39 + -29401.905 + -27180.712 = CLP-123,144 Mil.
Total Liabilities was CLP3,286,405 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
=(788180.685 - 483226.261)/4961002.522
=0.0615

X2=Retained Earnings/Total Assets
=366216.029/4961002.522
=0.0738

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(381841.708 - -123144.198)/4961002.522
=0.1018

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1674597.354 - 0)/3286405.168
=0.5096

The zones of discrimination were as such:

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

Engie Energia Chile has a Altman Z2-Score of 1.86 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.86 mean?
Engie Energia Chile (XSGO:ECL) has a Altman Z2-Score of 1.86 as of Jul. 05, 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 Engie Energia Chile and its competitors. This is 27% below median its historical median of 2.56. According to the industry distribution chart, Engie Energia Chile ranks #216 out of 507 companies in the Utilities - Regulated industry, placing it in the top 42.6%.
Is Engie Energia Chile's Altman Z2-Score too high?
Engie Energia Chile's current Altman Z2-Score of 1.86 is 27% below median its 10-year median of 2.56. The Utilities - Regulated industry median Altman Z2-Score is 1.57. Engie Energia Chile's value of 1.86 is 18.5% above this industry median. Based on the distribution chart, Engie Energia Chile ranks #216 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Engie Energia Chile has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Engie Energia Chile's Altman Z2-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Engie Energia Chile ranks #216 out of 507 companies for Altman Z2-Score. This puts Engie Energia Chile in the upper half of its industry. The industry median Altman Z2-Score is 1.57. Engie Energia Chile's value of 1.86 is 18.5% above this benchmark. While the company's 10-year median is 2.56 vs. the industry median of 1.57, Engie Energia Chile 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 an Utilities - Regulated company?
The median Altman Z2-Score among Utilities - Regulated companies is 1.57, based on 507 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. Engie Energia Chile's current Altman Z2-Score of 1.86 is 18.5% 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 Engie Energia Chile and its competitors. For the Utilities - Regulated industry, the median Altman Z2-Score is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Engie Energia Chile's current Altman Z2-Score is 1.86, which is 27% below median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engie Energia Chile stock overvalued right now?
Based on GuruFocus' analysis, Engie Energia Chile (XSGO:ECL) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP969.14, compared to a current price of CLP1,780.00 — trading 83.7% above its estimated fair value. The current Altman Z2-Score is 1.86, which is 27% below median its 10-year median of 2.56 and 18.5% above the Utilities - Regulated industry median of 1.57. Engie Energia Chile's overall GF Score™ is 63/100 with 8 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 Engie Energia Chile (XSGO:ECL), the current Altman Z2-Score is 1.86 as of Jul. 05, 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 Engie Energia Chile (XSGO:ECL) Overvalued in 2026?

Based on GuruFocus' analysis, Engie Energia Chile stock appears to be overvalued. The current stock price of CLP1,780.00 is trading 83.7% above its estimated GF Value™ of CLP969.14. GuruFocus considers Engie Energia Chile to be Significantly Overvalued.

Key valuation signals for XSGO:ECL:

  • Altman Z2-Score: 1.86 (27% below median its 10-year median of 2.56)
  • GF Value™: CLP969.14 vs. price of CLP1,780.00 (83.7% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 18.5% above the Utilities - Regulated median (#216 of 507)

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


Engie Energia Chile Business Description

Address EL Bosque Norte Avenue 500, Room 902, Santiago, CHL
Engie Energia Chile SA is in electricity transmission and generation business. The company produces transports and supplies electric power to industrial clients and mining companies in the Great North of Chile. It purchases, sales, distributes and markets gas and its by-products as well as purchase, sale, and transport all kinds of fuels. The company also offers consultancy services in engineering and management specialties and provides maintenance service of the electric system.
63GF Score

Get the complete analysis for XSGO:ECL

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

CLP1,780.00
Price
CLP969.14
GF Value