Accel Solutions Group (XTAE:ACCL) Altman Z2-Score: 1.90 (As of Jul. 07, 2026) — 42% Below Median


XTAE:ACCL Accel Solutions Group Ltd XTAE:ACCL
57 GF Score
Price ₪2.31
GF Value ₪1.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Accel Solutions Group Altman Z2-Score?

Accel Solutions Group XTAE:ACCL +2.31% 57 Altman Z2-Score is 1.90 as of Jul. 07, 2026, which is 42% below its 10-year median of 3.29. GuruFocus rates XTAE:ACCL with a GF Score™ of 57/100 and a GF Value™ of ₪1.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,481 Hardware companies, Accel Solutions Group ranks worse than 73.96% 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.

Accel Solutions Group has a Altman Z2-Score of 1.90, indicating it is in Grey Zones. This implies that Accel Solutions Group 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 Accel Solutions Group's Altman Z2-Score or its related term are showing as below:

XTAE:ACCL' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.9   Med: 3.29   Max: 4.44
Current: 1.9

During the past 5 years, Accel Solutions Group's highest Altman Z2-Score was 4.44. The lowest was 1.90. And the median was 3.29.


Accel Solutions Group  (XTAE:ACCL) 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.


Accel Solutions Group Altman Z2-Score Related Terms


Accel Solutions Group Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Accel Solutions Group'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.

Accel Solutions Group Altman Z2-Score Chart

Accel Solutions Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
0.00 3.41 4.17 2.95 2.02

Accel Solutions Group Quarterly Data
Mar19 Mar20 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 3.17 3.46 2.14 2.02 1.90

XTAE:ACCL vs SNX, ARW, AVT: Altman Z2-Score Comparison

For the Electronics & Computer Distribution subindustry, Accel Solutions Group'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.


Accel Solutions Group Altman Z2-Score vs Hardware Industry

For the Hardware industry and Technology sector, Accel Solutions Group's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Accel Solutions Group's Altman Z2-Score falls into.


XTAE:ACCL
57GF Score
Accel Solutions Group Ltd XTAE:ACCL
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Accel Solutions Group 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.

Accel Solutions Group'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*0.1647+3.26*0.0403+6.72*0.0219+1.05*0.5158
=1.90

* 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 ₪624.9 Mil.
Total Current Assets was ₪257.6 Mil.
Total Current Liabilities was ₪154.7 Mil.
Retained Earnings was ₪25.2 Mil.
Pre-Tax Income was -1.538 + 3.36 + 2.224 + -1.743 = ₪2.3 Mil.
Interest Expense was -6.023 + -0.992 + -1.927 + -2.469 = ₪-11.4 Mil.
Total Liabilities was ₪369.4 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
=(257.644 - 154.745)/624.909
=0.1647

X2=Retained Earnings/Total Assets
=25.163/624.909
=0.0403

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2.303 - -11.411)/624.909
=0.0219

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(190.537 - 0)/369.409
=0.5158

The zones of discrimination were as such:

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

Accel Solutions Group has a Altman Z2-Score of 1.90 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.90 mean?
Accel Solutions Group (XTAE:ACCL) has a Altman Z2-Score of 1.90 as of Jul. 07, 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 Accel Solutions Group and its competitors. This is 42% below median its historical median of 3.29. Over the past decade, Accel Solutions Group's Altman Z2-Score has ranged from 1.90 to 4.44. According to the industry distribution chart, Accel Solutions Group ranks #1835 out of 2481 companies in the Hardware industry, placing it in the top 74%.
Is Accel Solutions Group's Altman Z2-Score too high?
Accel Solutions Group's current Altman Z2-Score of 1.90 is 42% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 4.44. The Hardware industry median Altman Z2-Score is 4.09. Accel Solutions Group's value of 1.90 is 53.5% below this industry median. Based on the distribution chart, Accel Solutions Group ranks #1835 out of 2481 companies in the Hardware industry, which is below the industry midpoint. Overall, Accel Solutions Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accel Solutions Group's Altman Z2-Score compare to SNX and ARW?
According to the Hardware industry distribution chart, Accel Solutions Group ranks #1835 out of 2481 companies for Altman Z2-Score. This places Accel Solutions Group in the lower half of its industry. The industry median Altman Z2-Score is 4.09. Accel Solutions Group's value of 1.90 is 53.5% below this benchmark. Historically, Accel Solutions Group's own Altman Z2-Score has ranged from 1.90 to 4.44 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 4.09, Accel Solutions Group 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 a Hardware company?
The median Altman Z2-Score among Hardware companies is 4.09, based on 2,481 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. Accel Solutions Group's current Altman Z2-Score of 1.90 is 53.5% 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 Accel Solutions Group and its competitors. For the Hardware industry, the median Altman Z2-Score is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accel Solutions Group's current Altman Z2-Score is 1.90, which is 42% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accel Solutions Group stock overvalued right now?
Based on GuruFocus' analysis, Accel Solutions Group (XTAE:ACCL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪1.46, compared to a current price of ₪2.31 — trading 57.9% above its estimated fair value. The current Altman Z2-Score is 1.90, which is 42% below median its 10-year median of 3.29 and 53.5% below the Hardware industry median of 4.09. Accel Solutions Group's overall GF Score™ is 57/100 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 Accel Solutions Group (XTAE:ACCL), the current Altman Z2-Score is 1.90 as of Jul. 07, 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 Accel Solutions Group (XTAE:ACCL) Overvalued in 2026?

Based on GuruFocus' analysis, Accel Solutions Group stock appears to be overvalued. The current stock price of ₪2.31 is trading 57.9% above its estimated GF Value™ of ₪1.46. GuruFocus considers Accel Solutions Group to be Significantly Overvalued.

Key valuation signals for XTAE:ACCL:

  • Altman Z2-Score: 1.90 (42% below median its 10-year median of 3.29)
  • GF Value™: ₪1.46 vs. price of ₪2.31 (57.9% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 53.5% below the Hardware median (#1835 of 2481)

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


Accel Solutions Group Business Description

Address 25 Basel Street, Petah Tikva, ISR, 4951038
Accel Solutions Group Ltd is engaged in the business of importing and distributing mobile devices, integration of cloud software and solutions, and distribution and integration of networking equipment including routers and mobile broadband solutions. The Group's activities covers areas that includes communication networks (wired, wireless and optical), complex computer systems for storage and backup, cloud infrastructures, and virtualization and artificial intelligence (AI) solutions.
57GF Score

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

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Price
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