ACMLF (Ascom Holding AG) Altman Z-Score: 3.70 (As of Jun. 25, 2026) — Near Median


ACMLF Ascom Holding AG ACMLF
69 GF Score
Price $4.37
GF Value $4.09
! 3 Warning Signs
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What is Ascom Holding AG Altman Z-Score?

Ascom Holding AG ACMLF 69 Altman Z-Score is 3.70 as of Jun. 25, 2026, which is 8% below its 10-year median of 4.03. GuruFocus rates ACMLF with a GF Score™ of 69/100 and a GF Value™ of $4.09. The stock has 3 warning signs investors should review. Among 661 Healthcare Providers & Services companies, Ascom Holding AG ranks better than 65.96% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 3.75 is strong.

Ascom Holding AG has a Altman Z-Score of 3.70, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Ascom Holding AG's Altman Z-Score or its related term are showing as below:

ACMLF' s Altman Z-Score Range Over the Past 10 Years
Min: 2.37   Med: 4.03   Max: 6.17
Current: 3.75

During the past 13 years, Ascom Holding AG's highest Altman Z-Score was 6.17. The lowest was 2.37. And the median was 4.03.


Ascom Holding AG  (OTCPK:ACMLF) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Ascom Holding AG Altman Z-Score Related Terms


Ascom Holding AG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ascom Holding AG's Altman Z-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.

Ascom Holding AG Altman Z-Score Chart

Ascom Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 3.82 4.23 3.24 3.34

Ascom Holding 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 Z-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 4.23 0.00 3.24 0.00 3.34

ACMLF vs VEEV, BTSG, TEM: Altman Z-Score Comparison

For the Health Information Services subindustry, Ascom Holding AG's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Ascom Holding AG Altman Z-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ascom Holding AG's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Ascom Holding AG's Altman Z-Score falls into.


ACMLF
69GF Score
Ascom Holding AG ACMLF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascom Holding AG Altman Z-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.

Ascom Holding AG's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.2916+1.4*0.4058+3.3*0.0927+0.6*1.6822+1.0*1.4634
=3.70

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was $250.5 Mil.
Total Current Assets was $184.5 Mil.
Total Current Liabilities was $111.4 Mil.
Retained Earnings was $101.6 Mil.
Pre-Tax Income was $22.3 Mil.
Interest Expense was $-0.9 Mil.
Revenue was $366.5 Mil.
Market Cap (Today) was $252.7 Mil.
Total Liabilities was $150.2 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
=(184.465 - 111.432)/250.471
=0.2916

X2=Retained Earnings/Total Assets
=101.644/250.471
=0.4058

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(22.337 - -0.878)/250.471
=0.0927

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=252.683/150.207
=1.6822

X5=Revenue/Total Assets
=366.545/250.471
=1.4634

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Ascom Holding AG has a Altman Z-Score of 3.70 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 3.70 mean?
Ascom Holding AG (ACMLF) has a Altman Z-Score of 3.70 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ascom Holding AG and its competitors. This is near median its historical median of 4.03. Over the past decade, Ascom Holding AG's Altman Z-Score has ranged from 2.37 to 6.17. According to the industry distribution chart, Ascom Holding AG ranks #225 out of 661 companies in the Healthcare Providers & Services industry, placing it in the top 34%.
Is Ascom Holding AG's Altman Z-Score too high?
Ascom Holding AG's current Altman Z-Score of 3.70 is near median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 6.17. The Healthcare Providers & Services industry median Altman Z-Score is 2.37. Ascom Holding AG's value of 3.70 is 56.1% above this industry median. Based on the distribution chart, Ascom Holding AG ranks #225 out of 661 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Ascom Holding AG has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Ascom Holding AG's Altman Z-Score compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Ascom Holding AG ranks #225 out of 661 companies for Altman Z-Score. This puts Ascom Holding AG in the upper half of its industry. The industry median Altman Z-Score is 2.37. Ascom Holding AG's value of 3.70 is 56.1% above this benchmark. Historically, Ascom Holding AG's own Altman Z-Score has ranged from 2.37 to 6.17 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 2.37, Ascom Holding 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 Z-Score for a Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.37, based on 661 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ascom Holding AG's current Altman Z-Score of 3.70 is 56.1% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ascom Holding AG and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascom Holding AG's current Altman Z-Score is 3.70, which is near median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascom Holding AG stock overvalued right now?
Ascom Holding AG (ACMLF) has a current Altman Z-Score of 3.70. The stock's GF Value™ is $4.09, compared to a current price of $4.37 — trading 6.8% above its estimated fair value. The current Altman Z-Score is 3.70, which is near median its 10-year median of 4.03 and 56.1% above the Healthcare Providers & Services industry median of 2.37. Ascom Holding AG's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Ascom Holding AG (ACMLF), the current Altman Z-Score is 3.70 as of Jun. 25, 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 Ascom Holding AG (ACMLF) Overvalued in 2026?

Based on GuruFocus' analysis, Ascom Holding AG stock appears to be overvalued. The current stock price of $4.37 is trading 6.8% above its estimated GF Value™ of $4.09.

Key valuation signals for ACMLF:

  • Altman Z-Score: 3.70 (near median its 10-year median of 4.03)
  • GF Value™: $4.09 vs. price of $4.37 (6.8% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 56.1% above the Healthcare Providers & Services median (#225 of 661)

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


Ascom Holding AG Business Description

Address Zugerstrasse 32, Baar, CHE, 6340
Ascom Holding AG is a solutions provider of ICT and mobile workflow solutions in the healthcare and enterprise sectors. The company consists of a business unit, the purpose of which is to use its product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide digitalized, complete, and efficient workflows for healthcare as well as for industry, security, and retail sectors. The company has three segments OEM, Enterprise, and Healthcare. It derives a majority of revenue from the healthcare segment.
69GF Score

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

$4.37
Price
$4.09
GF Value