Landis+Gyr Group AG (XSWX:LAND) Altman Z2-Score: 2.29 (As of Jun. 24, 2026) — 13% Below Median


XSWX:LAND Landis+Gyr Group AG XSWX:LAND
64 GF Score
Price CHF46.95
GF Value CHF41.39
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Landis+Gyr Group AG Altman Z2-Score?

Landis+Gyr Group AG XSWX:LAND -1.26% 64 Altman Z2-Score is 2.29 as of Jun. 24, 2026, which is 13% below its 10-year median of 2.62. GuruFocus rates XSWX:LAND with a GF Score™ of 64/100 and a GF Value™ of CHF41.39 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,043 Industrial Products companies, Landis+Gyr Group AG ranks worse than 74.01% 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.

Landis+Gyr Group AG has a Altman Z2-Score of 2.29, indicating it is in Grey Zones. This implies that Landis+Gyr Group AG 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 Landis+Gyr Group AG's Altman Z2-Score or its related term are showing as below:

XSWX:LAND' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.79   Med: 2.62   Max: 3.65
Current: 2.29

During the past 12 years, Landis+Gyr Group AG's highest Altman Z2-Score was 3.65. The lowest was 0.79. And the median was 2.62.


Landis+Gyr Group AG  (XSWX:LAND) 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.


Landis+Gyr Group AG Altman Z2-Score Related Terms


Landis+Gyr Group AG Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Landis+Gyr Group AG'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.

Landis+Gyr Group AG Altman Z2-Score Chart

Landis+Gyr Group AG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 2.66 3.65 2.57 2.29

Landis+Gyr Group AG Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.65 0.00 2.57 0.00 2.29

XSWX:LAND vs VRT, BE, NVT: Altman Z2-Score Comparison

For the Electrical Equipment & Parts subindustry, Landis+Gyr Group AG'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.


Landis+Gyr Group AG Altman Z2-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Landis+Gyr Group AG's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Landis+Gyr Group AG's Altman Z2-Score falls into.


XSWX:LAND
64GF Score
Landis+Gyr Group AG XSWX:LAND
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Landis+Gyr Group AG 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.

Landis+Gyr Group AG'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*0.1666+3.26*-0.0145+6.72*0.0406+1.05*0.9229
=2.29

* 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 CHF1,818.0 Mil.
Total Current Assets was CHF909.2 Mil.
Total Current Liabilities was CHF606.3 Mil.
Retained Earnings was CHF-26.4 Mil.
Pre-Tax Income was CHF53.1 Mil.
Interest Expense was CHF-20.7 Mil.
Total Liabilities was CHF944.1 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
=(909.177 - 606.326)/1818.021
=0.1666

X2=Retained Earnings/Total Assets
=-26.376/1818.021
=-0.0145

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(53.052 - -20.719)/1818.021
=0.0406

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(871.293 - 0)/944.121
=0.9229

The zones of discrimination were as such:

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

Landis+Gyr Group AG has a Altman Z2-Score of 2.29 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.29 mean?
Landis+Gyr Group AG (XSWX:LAND) has a Altman Z2-Score of 2.29 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 Landis+Gyr Group AG and its competitors. This is 13% below median its historical median of 2.62. Over the past decade, Landis+Gyr Group AG's Altman Z2-Score has ranged from 0.79 to 3.65. According to the industry distribution chart, Landis+Gyr Group AG ranks #2252 out of 3043 companies in the Industrial Products industry, placing it in the top 74%.
Is Landis+Gyr Group AG's Altman Z2-Score too high?
Landis+Gyr Group AG's current Altman Z2-Score of 2.29 is 13% below median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.65. The Industrial Products industry median Altman Z2-Score is 4.28. Landis+Gyr Group AG's value of 2.29 is 46.5% below this industry median. Based on the distribution chart, Landis+Gyr Group AG ranks #2252 out of 3043 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Landis+Gyr Group AG has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Landis+Gyr Group AG's Altman Z2-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Landis+Gyr Group AG ranks #2252 out of 3043 companies for Altman Z2-Score. This places Landis+Gyr Group AG in the lower half of its industry. The industry median Altman Z2-Score is 4.28. Landis+Gyr Group AG's value of 2.29 is 46.5% below this benchmark. Historically, Landis+Gyr Group AG's own Altman Z2-Score has ranged from 0.79 to 3.65 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 4.28, Landis+Gyr Group AG 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 Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.28, based on 3,043 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. Landis+Gyr Group AG's current Altman Z2-Score of 2.29 is 46.5% 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 Landis+Gyr Group AG and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landis+Gyr Group AG's current Altman Z2-Score is 2.29, which is 13% below median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landis+Gyr Group AG stock overvalued right now?
Based on GuruFocus' analysis, Landis+Gyr Group AG (XSWX:LAND) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF41.39, compared to a current price of CHF46.95 — trading 13.4% above its estimated fair value. The current Altman Z2-Score is 2.29, which is 13% below median its 10-year median of 2.62 and 46.5% below the Industrial Products industry median of 4.28. Landis+Gyr Group AG's overall GF Score™ is 64/100 with 4 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 Landis+Gyr Group AG (XSWX:LAND), the current Altman Z2-Score is 2.29 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 Landis+Gyr Group AG (XSWX:LAND) Overvalued in 2026?

Based on GuruFocus' analysis, Landis+Gyr Group AG stock appears to be overvalued. The current stock price of CHF46.95 is trading 13.4% above its estimated GF Value™ of CHF41.39. GuruFocus considers Landis+Gyr Group AG to be Modestly Overvalued.

Key valuation signals for XSWX:LAND:

  • Altman Z2-Score: 2.29 (13% below median its 10-year median of 2.62)
  • GF Value™: CHF41.39 vs. price of CHF46.95 (13.4% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 46.5% below the Industrial Products median (#2252 of 3043)

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


Landis+Gyr Group AG Business Description

Address Alte Steinhauserstrasse 18, Cham, CHE, CH-6330
Landis+Gyr Group AG is a provider of integrated energy management products tailored to an energy company. It offers electricity meters, heat and cooling meters, software services and custom solutions, grid management, and communication networks. Its geographical segment includes the Americas, EMEA, and the Asia Pacific. The Americas segment designs, manufactures, markets, and sells the company's Smart Metering, Grid Edge Intelligence, and Smart Infrastructure technology. The EMEA segment sells the company's prepayment electricity meters, gas meters, and other services, and the Asia Pacific segment sells the company's load control devices, system deployment services, and related services. It generates a majority of its revenue from the Americas & EMEA segments.
64GF Score

Get the complete analysis for XSWX:LAND

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

CHF46.95
Price
CHF41.39
GF Value