AKRBF (Aker BP ASA) Altman Z-Score: 0.91 (As of Jun. 27, 2026) — 24% Below Median


AKRBF Aker BP ASA AKRBF
76 GF Score
Price $30.41
GF Value $21.40
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Aker BP ASA Altman Z-Score?

Aker BP ASA AKRBF -1.94% 76 Altman Z-Score is 0.91 as of Jun. 27, 2026, which is 24% below its 10-year median of 1.20. GuruFocus rates AKRBF with a GF Score™ of 76/100 and a GF Value™ of $21.40 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 897 Oil & Gas companies, Aker BP ASA ranks worse than 73.24% 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.

Warning Sign:

Altman Z-score of 0.94 is in distress zone. This implies bankruptcy possibility in the next two years.

Aker BP ASA has a Altman Z-Score of 0.91, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Aker BP ASA's Altman Z-Score or its related term are showing as below:

AKRBF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.39   Med: 1.2   Max: 2
Current: 0.94

During the past 13 years, Aker BP ASA's highest Altman Z-Score was 2.00. The lowest was 0.39. And the median was 1.20.


Aker BP ASA  (OTCPK:AKRBF) 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.


Aker BP ASA Altman Z-Score Related Terms


Aker BP ASA Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Aker BP ASA'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.

Aker BP ASA Altman Z-Score Chart

Aker BP ASA 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 1.39 1.53 1.50 1.15 0.83

Aker BP ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.19 1.10 1.02 0.83 0.99

AKRBF vs COP, EOG, OXY: Altman Z-Score Comparison

For the Oil & Gas E&P subindustry, Aker BP ASA'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.


Aker BP ASA Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker BP ASA's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Aker BP ASA's Altman Z-Score falls into.


AKRBF
76GF Score
Aker BP ASA AKRBF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Aker BP ASA 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.

Aker BP ASA'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*0.021+1.4*-0.0477+3.3*0.117+0.6*0.556+1.0*0.227
=0.91

* 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 Mar. 2026:
Total Assets was $46,445 Mil.
Total Current Assets was $4,944 Mil.
Total Current Liabilities was $3,969 Mil.
Retained Earnings was $-2,217 Mil.
Pre-Tax Income was 2724.2 + 393.7 + 1426.4 + 852.3 = $5,397 Mil.
Interest Expense was -12.6 + -7 + -8.8 + -10.7 = $-39 Mil.
Revenue was 2994.5 + 2486.9 + 2528.6 + 2533.4 = $10,543 Mil.
Market Cap (Today) was $19,391 Mil.
Total Liabilities was $34,879 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
=(4944.1 - 3968.5)/46445.4
=0.021

X2=Retained Earnings/Total Assets
=-2217.4/46445.4
=-0.0477

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5396.6 - -39.1)/46445.4
=0.117

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=19391.358/34879
=0.556

X5=Revenue/Total Assets
=10543.4/46445.4
=0.227

The zones of discrimination were as such:

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

Aker BP ASA has a Altman Z-Score of 0.91 indicating it is in Distress 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 0.91 mean?
Aker BP ASA (AKRBF) has a Altman Z-Score of 0.91 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aker BP ASA and its competitors. This is 24% below median its historical median of 1.20. Over the past decade, Aker BP ASA's Altman Z-Score has ranged from 0.39 to 2.00. According to the industry distribution chart, Aker BP ASA ranks #657 out of 897 companies in the Oil & Gas industry, placing it in the top 73.2%.
Is Aker BP ASA's Altman Z-Score too high?
Aker BP ASA's current Altman Z-Score of 0.91 is 24% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.00. The Oil & Gas industry median Altman Z-Score is 1.90. Aker BP ASA's value of 0.91 is 52.1% below this industry median. Based on the distribution chart, Aker BP ASA ranks #657 out of 897 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Aker BP ASA has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aker BP ASA's Altman Z-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Aker BP ASA ranks #657 out of 897 companies for Altman Z-Score. This places Aker BP ASA in the lower half of its industry. The industry median Altman Z-Score is 1.90. Aker BP ASA's value of 0.91 is 52.1% below this benchmark. Historically, Aker BP ASA's own Altman Z-Score has ranged from 0.39 to 2.00 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.90, Aker BP ASA 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 Z-Score for an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.90, based on 897 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. Aker BP ASA's current Altman Z-Score of 0.91 is 52.1% 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 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 Aker BP ASA and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker BP ASA's current Altman Z-Score is 0.91, which is 24% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker BP ASA stock overvalued right now?
Based on GuruFocus' analysis, Aker BP ASA (AKRBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.40, compared to a current price of $30.41 — trading 42.1% above its estimated fair value. The current Altman Z-Score is 0.91, which is 24% below median its 10-year median of 1.20 and 52.1% below the Oil & Gas industry median of 1.90. Aker BP ASA's overall GF Score™ is 76/100 with 7 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 Aker BP ASA (AKRBF), the current Altman Z-Score is 0.91 as of Jun. 27, 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 Aker BP ASA (AKRBF) Overvalued in 2026?

Based on GuruFocus' analysis, Aker BP ASA stock appears to be overvalued. The current stock price of $30.41 is trading 42.1% above its estimated GF Value™ of $21.40. GuruFocus considers Aker BP ASA to be Significantly Overvalued.

Key valuation signals for AKRBF:

  • Altman Z-Score: 0.91 (24% below median its 10-year median of 1.20)
  • GF Value™: $21.40 vs. price of $30.41 (42.1% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 52.1% below the Oil & Gas median (#657 of 897)

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


Aker BP ASA Business Description

Industry EnergyOil & Gas
Address Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, Johan Sverdrup, Ula and Valhall. The company generates revenue from the sale of liquids, sale of gas, and Tariff income, out of which the majority revenue is derived from sale of liquids.
76GF Score

Get the complete analysis for AKRBF

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

$30.41
Price
$21.40
GF Value