AMS (American Shared Hospital Services) Altman Z-Score: 0.52 (As of Jun. 24, 2026) — 55% Below Median


AMS American Shared Hospital Services AMS
51 GF Score
Price $1.41
GF Value $3.41
Valuation Possible Value Trap
! 7 Warning Signs
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What is American Shared Hospital Services Altman Z-Score?

American Shared Hospital Services AMS -4.08% 51 Altman Z-Score is 0.52 as of Jun. 24, 2026, which is 55% below its 10-year median of 1.15. GuruFocus rates AMS with a GF Score™ of 51/100 and a GF Value™ of $3.41 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 661 Healthcare Providers & Services companies, American Shared Hospital Services ranks worse than 79.58% 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 0.53 is in distress zone. This implies bankruptcy possibility in the next two years.

American Shared Hospital Services has a Altman Z-Score of 0.52, 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 American Shared Hospital Services's Altman Z-Score or its related term are showing as below:

AMS' s Altman Z-Score Range Over the Past 10 Years
Min: 0.17   Med: 1.15   Max: 1.77
Current: 0.53

During the past 13 years, American Shared Hospital Services's highest Altman Z-Score was 1.77. The lowest was 0.17. And the median was 1.15.


American Shared Hospital Services  (AMEX:AMS) 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.


American Shared Hospital Services Altman Z-Score Related Terms


American Shared Hospital Services Altman Z-Score Historical Data

* Premium members only.

The historical data trend for American Shared Hospital Services'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.

American Shared Hospital Services Altman Z-Score Chart

American Shared Hospital Services 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 1.21 1.76 1.32 1.48 0.69

American Shared Hospital Services 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 1.18 0.77 0.90 0.69 0.52

AMS vs BICX, GBCS, BMGL: Altman Z-Score Comparison

For the Medical Care Facilities subindustry, American Shared Hospital Services'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.


American Shared Hospital Services Altman Z-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, American Shared Hospital Services's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where American Shared Hospital Services's Altman Z-Score falls into.


AMS
51GF Score
American Shared Hospital Services AMS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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American Shared Hospital Services 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.

American Shared Hospital Services'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*-0.0995+1.4*0.0667+3.3*-0.0258+0.6*0.1707+1.0*0.5309
=0.52

* 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 $54.73 Mil.
Total Current Assets was $18.27 Mil.
Total Current Liabilities was $23.72 Mil.
Retained Earnings was $3.65 Mil.
Pre-Tax Income was -0.87 + -1.205 + -0.281 + -0.499 = $-2.86 Mil.
Interest Expense was -0.302 + -0.321 + -0.392 + -0.428 = $-1.44 Mil.
Revenue was 7.084 + 7.728 + 7.171 + 7.071 = $29.05 Mil.
Market Cap (Today) was $9.34 Mil.
Total Liabilities was $54.73 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
=(18.272 - 23.718)/54.725
=-0.0995

X2=Retained Earnings/Total Assets
=3.65/54.725
=0.0667

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-2.855 - -1.443)/54.725
=-0.0258

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=9.341/54.725
=0.1707

X5=Revenue/Total Assets
=29.054/54.725
=0.5309

The zones of discrimination were as such:

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

American Shared Hospital Services has a Altman Z-Score of 0.52 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 0.52 mean?
American Shared Hospital Services (AMS) has a Altman Z-Score of 0.52 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on American Shared Hospital Services and its competitors. This is 55% below median its historical median of 1.15. Over the past decade, American Shared Hospital Services' Altman Z-Score has ranged from 0.17 to 1.77. According to the industry distribution chart, American Shared Hospital Services ranks #526 out of 661 companies in the Healthcare Providers & Services industry, placing it in the top 79.6%.
Is American Shared Hospital Services' Altman Z-Score too high?
American Shared Hospital Services' current Altman Z-Score of 0.52 is 55% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.77. The Healthcare Providers & Services industry median Altman Z-Score is 2.38. American Shared Hospital Services' value of 0.52 is 78.2% below this industry median. Based on the distribution chart, American Shared Hospital Services ranks #526 out of 661 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, American Shared Hospital Services has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does American Shared Hospital Services' Altman Z-Score compare to BICX and GBCS?
According to the Healthcare Providers & Services industry distribution chart, American Shared Hospital Services ranks #526 out of 661 companies for Altman Z-Score. This places American Shared Hospital Services in the lower half of its industry. The industry median Altman Z-Score is 2.38. American Shared Hospital Services' value of 0.52 is 78.2% below this benchmark. Historically, American Shared Hospital Services' own Altman Z-Score has ranged from 0.17 to 1.77 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 2.38, American Shared Hospital Services 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 a Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.38, 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. American Shared Hospital Services's current Altman Z-Score of 0.52 is 78.2% 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 American Shared Hospital Services and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Shared Hospital Services's current Altman Z-Score is 0.52, which is 55% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Shared Hospital Services stock overvalued right now?
Based on GuruFocus' analysis, American Shared Hospital Services (AMS) is currently considered Possible Value Trap. The stock's GF Value™ is $3.41, compared to a current price of $1.41 — trading 58.7% below its estimated fair value. The current Altman Z-Score is 0.52, which is 55% below median its 10-year median of 1.15 and 78.2% below the Healthcare Providers & Services industry median of 2.38. American Shared Hospital Services' overall GF Score™ is 51/100 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 American Shared Hospital Services (AMS), the current Altman Z-Score is 0.52 as of Jun. 24, 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 American Shared Hospital Services (AMS) Overvalued in 2026?

Based on GuruFocus' analysis, American Shared Hospital Services stock appears to be undervalued. The current stock price of $1.41 is trading 58.7% below its estimated GF Value™ of $3.41. GuruFocus considers American Shared Hospital Services to be Possible Value Trap.

Key valuation signals for AMS:

  • Altman Z-Score: 0.52 (55% below median its 10-year median of 1.15)
  • GF Value™: $3.41 vs. price of $1.41 (58.7% below fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 78.2% below the Healthcare Providers & Services median (#526 of 661)

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


American Shared Hospital Services Business Description

Address 601 Montgomery Street, Suite 850, San Francisco, CA, USA, 94111-2619
American Shared Hospital Services provides stereotactic radiosurgery equipment, Advanced radiation therapy, and related equipment. It currently provides Gamma Knife units to medical centers and stand-alone facilities. Company operates in two segments, the medical equipment leasing segment where a contract exists between the hospital and the Company and the direct patient services segment, where a contract exists between the Company facilities and the individual treated at the facility. The company, along with its subsidiaries, operates through the following operations: Gamma Knife, Advanced Radiation Therapy Equipment and Services, and Proton Beam Radiation Therapy Operations. It generates it's key revenue from the domestic market.
51GF Score

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

$1.41
Price
$3.41
GF Value