Eckert & Ziegler SE (XTER:EUZ) Altman Z2-Score: 6.16 (As of Jul. 02, 2026) — 16% Above Median


XTER:EUZ Eckert & Ziegler SE XTER:EUZ
98 GF Score
Price €15.56
GF Value €16.25
Valuation Fairly Valued
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What is Eckert & Ziegler SE Altman Z2-Score?

Eckert & Ziegler SE XTER:EUZ +1.90% 98 Altman Z2-Score is 6.16 as of Jul. 02, 2026, which is 16% above its 10-year median of 5.33. GuruFocus rates XTER:EUZ with a GF Score™ of 98/100 and a GF Value™ of €16.25 (Fairly Valued). Among 845 Medical Devices & Instruments companies, Eckert & Ziegler SE ranks better than 68.4% 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.

Good Sign:

Eckert & Ziegler SE has a Altman Z2-Score of 6.16, 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 Eckert & Ziegler SE's Altman Z2-Score or its related term are showing as below:

XTER:EUZ' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.25   Med: 5.33   Max: 6.16
Current: 6.16

During the past 13 years, Eckert & Ziegler SE's highest Altman Z2-Score was 6.16. The lowest was 4.25. And the median was 5.33.


Eckert & Ziegler SE  (XTER:EUZ) 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.


Eckert & Ziegler SE Altman Z2-Score Related Terms


Eckert & Ziegler SE Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Eckert & Ziegler SE'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.

Eckert & Ziegler SE Altman Z2-Score Chart

Eckert & Ziegler SE 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 5.39 4.81 5.06 5.24 6.13

Eckert & Ziegler SE 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 5.39 5.48 5.48 6.13 6.16

XTER:EUZ vs ABT, SYK, MDT: Altman Z2-Score Comparison

For the Medical Devices subindustry, Eckert & Ziegler SE'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.


Eckert & Ziegler SE Altman Z2-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eckert & Ziegler SE's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Eckert & Ziegler SE's Altman Z2-Score falls into.


XTER:EUZ
98GF Score
Eckert & Ziegler SE XTER:EUZ
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Eckert & Ziegler SE 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.

Eckert & Ziegler SE'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*0.379+3.26*0.3708+6.72*0.1642+1.05*1.2973
=6.16

* 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 €476.5 Mil.
Total Current Assets was €255.4 Mil.
Total Current Liabilities was €74.9 Mil.
Retained Earnings was €176.7 Mil.
Pre-Tax Income was 15.633 + 26.208 + 14.011 + 17.609 = €73.5 Mil.
Interest Expense was -1.046 + -1.412 + -1.128 + -1.217 = €-4.8 Mil.
Total Liabilities was €206.9 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
=(255.445 - 74.86)/476.529
=0.379

X2=Retained Earnings/Total Assets
=176.706/476.529
=0.3708

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(73.461 - -4.803)/476.529
=0.1642

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(268.381 - 0)/206.884
=1.2973

The zones of discrimination were as such:

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

Eckert & Ziegler SE has a Altman Z2-Score of 6.16 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.16 mean?
Eckert & Ziegler SE (XTER:EUZ) has a Altman Z2-Score of 6.16 as of Jul. 02, 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 Eckert & Ziegler SE and its competitors. This is 16% above median its historical median of 5.33. Over the past decade, Eckert & Ziegler SE's Altman Z2-Score has ranged from 4.25 to 6.16. According to the industry distribution chart, Eckert & Ziegler SE ranks #267 out of 845 companies in the Medical Devices & Instruments industry, placing it in the top 31.6%.
Is Eckert & Ziegler SE's Altman Z2-Score too high?
Eckert & Ziegler SE's current Altman Z2-Score of 6.16 is 16% above median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 4.25 to a high of 6.16. The Medical Devices & Instruments industry median Altman Z2-Score is 3.48. Eckert & Ziegler SE's value of 6.16 is 77% above this industry median. Based on the distribution chart, Eckert & Ziegler SE ranks #267 out of 845 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Eckert & Ziegler SE has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eckert & Ziegler SE's Altman Z2-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Eckert & Ziegler SE ranks #267 out of 845 companies for Altman Z2-Score. This puts Eckert & Ziegler SE in the upper half of its industry. The industry median Altman Z2-Score is 3.48. Eckert & Ziegler SE's value of 6.16 is 77% above this benchmark. Historically, Eckert & Ziegler SE's own Altman Z2-Score has ranged from 4.25 to 6.16 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 3.48, Eckert & Ziegler SE 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 Medical Devices & Instruments company?
The median Altman Z2-Score among Medical Devices & Instruments companies is 3.48, based on 845 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. Eckert & Ziegler SE's current Altman Z2-Score of 6.16 is 77% 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 Eckert & Ziegler SE and its competitors. For the Medical Devices & Instruments industry, the median Altman Z2-Score is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eckert & Ziegler SE's current Altman Z2-Score is 6.16, which is 16% above median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eckert & Ziegler SE stock overvalued right now?
Based on GuruFocus' analysis, Eckert & Ziegler SE (XTER:EUZ) is currently considered Fairly Valued. The stock's GF Value™ is €16.25, compared to a current price of €15.56 — trading 4.2% below its estimated fair value. The current Altman Z2-Score is 6.16, which is 16% above median its 10-year median of 5.33 and 77% above the Medical Devices & Instruments industry median of 3.48. Eckert & Ziegler SE's overall GF Score™ is 98/100. 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 Eckert & Ziegler SE (XTER:EUZ), the current Altman Z2-Score is 6.16 as of Jul. 02, 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 Eckert & Ziegler SE (XTER:EUZ) Overvalued in 2026?

Based on GuruFocus' analysis, Eckert & Ziegler SE stock appears to be undervalued. The current stock price of €15.56 is trading 4.2% below its estimated GF Value™ of €16.25. GuruFocus considers Eckert & Ziegler SE to be Fairly Valued.

Key valuation signals for XTER:EUZ:

  • Altman Z2-Score: 6.16 (16% above median its 10-year median of 5.33)
  • GF Value™: €16.25 vs. price of €15.56 (4.2% below fair value)
  • GF Score™: 98/100
  • Industry Position: 77% above the Medical Devices & Instruments median (#267 of 845)

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


Eckert & Ziegler SE Business Description

Address Robert-Rossle-Street 10, Berlin, BB, DEU, 13125
Eckert & Ziegler SE is a holding company with specialised in the processing of radioisotopes and the development, production and sale of isotope technology components, radiopharmaceuticals and related products. It is an international manufacturer of isotope technology components for medical, scientific, and industrial applications. The group's products are mainly used in cancer therapy, nuclear imaging, and industrial metrology. The company's segments are Medical, Isotope Products, and Other. The majority of revenue comes from Medical segment which provides pharmaceutical-quality radioactive ingredients and markets products for the treatment and diagnosis of cancers. Geographically, the company generates a majority of its revenue from Europe and then North America, Asia/Pacific, and other.
98GF Score

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

€15.56
Price
€16.25
GF Value