Orell Fussli AG (XSWX:OFN) Altman Z2-Score: 7.92 (As of Jun. 24, 2026) — Near Median


XSWX:OFN Orell Fussli AG XSWX:OFN
75 GF Score
Price CHF148.00
GF Value CHF93.70
Valuation Significantly Overvalued
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What is Orell Fussli AG Altman Z2-Score?

Orell Fussli AG XSWX:OFN +1.00% 75 Altman Z2-Score is 7.92 as of Jun. 24, 2026, which is 3% above its 10-year median of 7.67. GuruFocus rates XSWX:OFN with a GF Score™ of 75/100 and a GF Value™ of CHF93.70 (Significantly Overvalued). Among 1,075 Business Services companies, Orell Fussli AG ranks better than 81.21% 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:

Orell Fussli AG has a Altman Z2-Score of 7.92, 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 Orell Fussli AG's Altman Z2-Score or its related term are showing as below:

XSWX:OFN' s Altman Z2-Score Range Over the Past 10 Years
Min: 5.55   Med: 7.67   Max: 9.35
Current: 7.92

During the past 13 years, Orell Fussli AG's highest Altman Z2-Score was 9.35. The lowest was 5.55. And the median was 7.67.


Orell Fussli AG  (XSWX:OFN) 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.


Orell Fussli AG Altman Z2-Score Related Terms


Orell Fussli AG Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Orell Fussli 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.

Orell Fussli AG Altman Z2-Score Chart

Orell Fussli AG 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 8.26 9.01 9.29 9.35 7.92

Orell Fussli AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.29 0.00 9.35 0.00 7.92

XSWX:OFN vs CTAS, CPRT, GPN: Altman Z2-Score Comparison

For the Specialty Business Services subindustry, Orell Fussli 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.


Orell Fussli AG Altman Z2-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Orell Fussli AG's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Orell Fussli AG's Altman Z2-Score falls into.


XSWX:OFN
75GF Score
Orell Fussli AG XSWX:OFN
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orell Fussli 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.

Orell Fussli 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*0.3572+3.26*0.8602+6.72*0.1337+1.05*1.7862
=7.92

* 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 Dec. 2025:
Total Assets was CHF224.1 Mil.
Total Current Assets was CHF153.5 Mil.
Total Current Liabilities was CHF73.4 Mil.
Retained Earnings was CHF192.8 Mil.
Pre-Tax Income was CHF29.9 Mil.
Interest Expense was CHF-0.0 Mil.
Total Liabilities was CHF76.3 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
=(153.451 - 73.388)/224.135
=0.3572

X2=Retained Earnings/Total Assets
=192.808/224.135
=0.8602

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(29.922 - -0.047)/224.135
=0.1337

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(136.221 - 0)/76.262
=1.7862

The zones of discrimination were as such:

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

Orell Fussli AG has a Altman Z2-Score of 7.92 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.92 mean?
Orell Fussli AG (XSWX:OFN) has a Altman Z2-Score of 7.92 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 Orell Fussli AG and its competitors. This is near median its historical median of 7.67. Over the past decade, Orell Fussli AG's Altman Z2-Score has ranged from 5.55 to 9.35. According to the industry distribution chart, Orell Fussli AG ranks #202 out of 1075 companies in the Business Services industry, placing it in the top 18.8%.
Is Orell Fussli AG's Altman Z2-Score too high?
Orell Fussli AG's current Altman Z2-Score of 7.92 is near median its 10-year median of 7.67. Over the past 10 years, this metric has ranged from a low of 5.55 to a high of 9.35. The Business Services industry median Altman Z2-Score is 3.60. Orell Fussli AG's value of 7.92 is 120% above this industry median. Based on the distribution chart, Orell Fussli AG ranks #202 out of 1075 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Orell Fussli AG has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orell Fussli AG's Altman Z2-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Orell Fussli AG ranks #202 out of 1075 companies for Altman Z2-Score. This places Orell Fussli AG in the top 19% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.60. Orell Fussli AG's value of 7.92 is 120% above this benchmark. Historically, Orell Fussli AG's own Altman Z2-Score has ranged from 5.55 to 9.35 over the past decade. While the company's 10-year median is 7.67 vs. the industry median of 3.60, Orell Fussli AG 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 Business Services company?
The median Altman Z2-Score among Business Services companies is 3.60, based on 1,075 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. Orell Fussli AG's current Altman Z2-Score of 7.92 is 120% 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 Orell Fussli AG and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orell Fussli AG's current Altman Z2-Score is 7.92, which is near median its own 10-year median of 7.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orell Fussli AG stock overvalued right now?
Based on GuruFocus' analysis, Orell Fussli AG (XSWX:OFN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF93.70, compared to a current price of CHF148.00 — trading 58% above its estimated fair value. The current Altman Z2-Score is 7.92, which is near median its 10-year median of 7.67 and 120% above the Business Services industry median of 3.60. Orell Fussli AG's overall GF Score™ is 75/100. 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 Orell Fussli AG (XSWX:OFN), the current Altman Z2-Score is 7.92 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 Orell Fussli AG (XSWX:OFN) Overvalued in 2026?

Based on GuruFocus' analysis, Orell Fussli AG stock appears to be overvalued. The current stock price of CHF148.00 is trading 58% above its estimated GF Value™ of CHF93.70. GuruFocus considers Orell Fussli AG to be Significantly Overvalued.

Key valuation signals for XSWX:OFN:

  • Altman Z2-Score: 7.92 (near median its 10-year median of 7.67)
  • GF Value™: CHF93.70 vs. price of CHF148.00 (58% above fair value)
  • GF Score™: 75/100
  • Industry Position: 120% above the Business Services median (#202 of 1075)

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


Orell Fussli AG Business Description

Other Exchanges OFNz:UK0QME:UKOFH:Germany
Address Dietzingerstrasse 3, Zurich, CHE, CH-8036
Orell Fussli AG operates in the fields of security and education. The company provides security solutions for the state and citizens and is a Swiss player in the book retailing sector. In the area of security printing and serialisation, the company offers printing processes, equipment and services for the production and effective protection of banknotes, value documents and identity documents. With its publishing houses, it focuses on learning and legal media as well as books for children. Its segments include Security Printing, Industrial Systems, Book Retailing, and Other business areas.
75GF Score

Get the complete analysis for XSWX:OFN

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

CHF148.00
Price
CHF93.70
GF Value