Romande Energie Holding (XSWX:REHN) Altman Z2-Score: 6.43 (As of Jun. 29, 2026) — 24% Below Median


XSWX:REHN Romande Energie Holding SA XSWX:REHN
71 GF Score
Price CHF48.20
GF Value CHF46.45
Valuation Fairly Valued
! 8 Warning Signs
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What is Romande Energie Holding Altman Z2-Score?

Romande Energie Holding XSWX:REHN +0.63% 71 Altman Z2-Score is 6.43 as of Jun. 29, 2026, which is 24% below its 10-year median of 8.42. GuruFocus rates XSWX:REHN with a GF Score™ of 71/100 and a GF Value™ of CHF46.45 (Fairly Valued). The stock has 8 warning signs investors should review. Among 438 Utilities - Independent Power Producers companies, Romande Energie Holding ranks better than 86.3% 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:

Romande Energie Holding has a Altman Z2-Score of 6.43, 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 Romande Energie Holding's Altman Z2-Score or its related term are showing as below:

XSWX:REHN' s Altman Z2-Score Range Over the Past 10 Years
Min: 6.43   Med: 8.42   Max: 9.83
Current: 6.43

During the past 13 years, Romande Energie Holding's highest Altman Z2-Score was 9.83. The lowest was 6.43. And the median was 8.42.


Romande Energie Holding  (XSWX:REHN) 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.


Romande Energie Holding Altman Z2-Score Related Terms


Romande Energie Holding Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Romande Energie Holding'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.

Romande Energie Holding Altman Z2-Score Chart

Romande Energie Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.28 8.54 7.02 8.00 6.43

Romande Energie Holding Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 8.00 0.00 6.43 0.00

Romande Energie Holding Altman Z2-Score Competitor Comparison

For the Utilities - Renewable subindustry, Romande Energie Holding'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.


Romande Energie Holding Altman Z2-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Romande Energie Holding's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Romande Energie Holding's Altman Z2-Score falls into.


XSWX:REHN
71GF Score
Romande Energie Holding SA XSWX:REHN
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Romande Energie Holding 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.

Romande Energie Holding'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*0.0851+3.26*0.7952+6.72*0.0126+1.05*3.0415
=6.43

* 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. 2024:
Total Assets was CHF2,834.2 Mil.
Total Current Assets was CHF457.2 Mil.
Total Current Liabilities was CHF216.1 Mil.
Retained Earnings was CHF2,253.9 Mil.
Pre-Tax Income was CHF29.4 Mil.
Interest Expense was CHF-6.2 Mil.
Total Liabilities was CHF689.2 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
=(457.221 - 216.143)/2834.179
=0.0851

X2=Retained Earnings/Total Assets
=2253.861/2834.179
=0.7952

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(29.412 - -6.203)/2834.179
=0.0126

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2096.18 - 0)/689.202
=3.0415

The zones of discrimination were as such:

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

Romande Energie Holding has a Altman Z2-Score of 6.43 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.43 mean?
Romande Energie Holding (XSWX:REHN) has a Altman Z2-Score of 6.43 as of Jun. 29, 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 Romande Energie Holding and its competitors. This is 24% below median its historical median of 8.42. Over the past decade, Romande Energie Holding's Altman Z2-Score has ranged from 6.43 to 9.83. According to the industry distribution chart, Romande Energie Holding ranks #60 out of 438 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.7%.
Is Romande Energie Holding's Altman Z2-Score too high?
Romande Energie Holding's current Altman Z2-Score of 6.43 is 24% below median its 10-year median of 8.42. Over the past 10 years, this metric has ranged from a low of 6.43 to a high of 9.83. The Utilities - Independent Power Producers industry median Altman Z2-Score is 1.72. Romande Energie Holding's value of 6.43 is 273.8% above this industry median. Based on the distribution chart, Romande Energie Holding ranks #60 out of 438 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Romande Energie Holding has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Romande Energie Holding's Altman Z2-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Romande Energie Holding ranks #60 out of 438 companies for Altman Z2-Score. This places Romande Energie Holding in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.72. Romande Energie Holding's value of 6.43 is 273.8% above this benchmark. Historically, Romande Energie Holding's own Altman Z2-Score has ranged from 6.43 to 9.83 over the past decade. While the company's 10-year median is 8.42 vs. the industry median of 1.72, Romande Energie Holding 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 - Independent Power Producers company?
The median Altman Z2-Score among Utilities - Independent Power Producers companies is 1.72, based on 438 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. Romande Energie Holding's current Altman Z2-Score of 6.43 is 273.8% 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 Romande Energie Holding and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z2-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Romande Energie Holding's current Altman Z2-Score is 6.43, which is 24% below median its own 10-year median of 8.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Romande Energie Holding stock overvalued right now?
Based on GuruFocus' analysis, Romande Energie Holding (XSWX:REHN) is currently considered Fairly Valued. The stock's GF Value™ is CHF46.45, compared to a current price of CHF48.20 — trading 3.8% above its estimated fair value. The current Altman Z2-Score is 6.43, which is 24% below median its 10-year median of 8.42 and 273.8% above the Utilities - Independent Power Producers industry median of 1.72. Romande Energie Holding's overall GF Score™ is 71/100 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 Romande Energie Holding (XSWX:REHN), the current Altman Z2-Score is 6.43 as of Jun. 29, 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 Romande Energie Holding (XSWX:REHN) Overvalued in 2026?

Based on GuruFocus' analysis, Romande Energie Holding stock appears to be overvalued. The current stock price of CHF48.20 is trading 3.8% above its estimated GF Value™ of CHF46.45. GuruFocus considers Romande Energie Holding to be Fairly Valued.

Key valuation signals for XSWX:REHN:

  • Altman Z2-Score: 6.43 (24% below median its 10-year median of 8.42)
  • GF Value™: CHF46.45 vs. price of CHF48.20 (3.8% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 273.8% above the Utilities - Independent Power Producers median (#60 of 438)

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


Romande Energie Holding Business Description

Other Exchanges REHNz:UK0QQG:UKCVN:Germany
Address Rue de Lausanne 53, P.O. Box 950, Morges, CHE, CH-1110
Romande Energie Holding SA is a Swiss utility company involved in the generation, distribution, and marketing of electricity and energy services. The company's segment includes Grids; Energy Solutions; Romande Energie Services and Corporate. It generates maximum revenue from the Energy Solutions segment. The Energy Solutions business unit spans the entire kWh chain, operating through two divisions: generation and power/heating distribution; and end-markets. The Energy division's main mission is to maintain the security of supply for customers. It also develops new installations powered by renewable energy sources. The Markets division offers turnkey solutions to its various customers.
71GF Score

Get the complete analysis for XSWX:REHN

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

CHF48.20
Price
CHF46.45
GF Value