Brisanet Servicos De Telecomunicacoes (BSP:BRST3) Altman Z-Score: 0.94 (As of Jul. 16, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:BRST3 Brisanet Servicos De Telecomunicacoes SA BSP:BRST3
7 GF Score
Price R$2.80
! 4 Warning Signs
View Full Analysis

What is Brisanet Servicos De Telecomunicacoes Altman Z-Score?

Brisanet Servicos De Telecomunicacoes BSP:BRST3 -1.75% 7 Altman Z-Score is 0.94 as of Jul. 16, 2026, which is 1% above its 10-year median of 0.93. GuruFocus rates BSP:BRST3 with a GF Score™ of 7/100. The stock has 4 warning signs investors should review. Among 362 Telecommunication Services companies, Brisanet Servicos De Telecomunicacoes ranks worse than 74.03% 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.

Brisanet Servicos De Telecomunicacoes has a Altman Z-Score of 0.94, 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 Brisanet Servicos De Telecomunicacoes's Altman Z-Score or its related term are showing as below:

BSP:BRST3' s Altman Z-Score Range Over the Past 10 Years
Min: 0.85   Med: 0.93   Max: 0.98
Current: 0.94

During the past 3 years, Brisanet Servicos De Telecomunicacoes's highest Altman Z-Score was 0.98. The lowest was 0.85. And the median was 0.93.


Brisanet Servicos De Telecomunicacoes  (BSP:BRST3) 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.


Brisanet Servicos De Telecomunicacoes Altman Z-Score Related Terms


Brisanet Servicos De Telecomunicacoes Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Brisanet Servicos De Telecomunicacoes'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.

Brisanet Servicos De Telecomunicacoes Altman Z-Score Chart

Brisanet Servicos De Telecomunicacoes Annual Data
Trend Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.88 0.98

Brisanet Servicos De Telecomunicacoes Quarterly Data
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 0.85 0.89 0.97 0.98 0.97

BSP:BRST3 vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Brisanet Servicos De Telecomunicacoes'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.


Brisanet Servicos De Telecomunicacoes Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Brisanet Servicos De Telecomunicacoes's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Brisanet Servicos De Telecomunicacoes's Altman Z-Score falls into.


BSP:BRST3
7GF Score
Brisanet Servicos De Telecomunicacoes SA BSP:BRST3
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brisanet Servicos De Telecomunicacoes 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.

Brisanet Servicos De Telecomunicacoes'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*0.0551+1.4*0.0135+3.3*0.0715+0.6*0.4001+1.0*0.3751
=0.94

* 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 R$4,638 Mil.
Total Current Assets was R$1,074 Mil.
Total Current Liabilities was R$819 Mil.
Retained Earnings was R$63 Mil.
Pre-Tax Income was 20.026 + -37.232 + 48.644 + 7.742 = R$39 Mil.
Interest Expense was -78.251 + -87.763 + -64.291 + -61.951 = R$-292 Mil.
Revenue was 453.896 + 441.853 + 433.61 + 410.216 = R$1,740 Mil.
Market Cap (Today) was R$1,226 Mil.
Total Liabilities was R$3,065 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
=(1074.167 - 818.826)/4637.797
=0.0551

X2=Retained Earnings/Total Assets
=62.558/4637.797
=0.0135

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(39.18 - -292.256)/4637.797
=0.0715

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1226.421/3065.286
=0.4001

X5=Revenue/Total Assets
=1739.575/4637.797
=0.3751

The zones of discrimination were as such:

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

Brisanet Servicos De Telecomunicacoes has a Altman Z-Score of 0.94 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 0.94 mean?
Brisanet Servicos De Telecomunicacoes (BSP:BRST3) has a Altman Z-Score of 0.94 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Brisanet Servicos De Telecomunicacoes and its competitors. This is near median its historical median of 0.93. Over the past decade, Brisanet Servicos De Telecomunicacoes' Altman Z-Score has ranged from 0.85 to 0.98. According to the industry distribution chart, Brisanet Servicos De Telecomunicacoes ranks #268 out of 362 companies in the Telecommunication Services industry, placing it in the top 74%.
Is Brisanet Servicos De Telecomunicacoes' Altman Z-Score too high?
Brisanet Servicos De Telecomunicacoes' current Altman Z-Score of 0.94 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 0.98. The Telecommunication Services industry median Altman Z-Score is 1.71. Brisanet Servicos De Telecomunicacoes' value of 0.94 is 44.9% below this industry median. Based on the distribution chart, Brisanet Servicos De Telecomunicacoes ranks #268 out of 362 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Brisanet Servicos De Telecomunicacoes has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Brisanet Servicos De Telecomunicacoes' Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Brisanet Servicos De Telecomunicacoes ranks #268 out of 362 companies for Altman Z-Score. This places Brisanet Servicos De Telecomunicacoes in the lower half of its industry. The industry median Altman Z-Score is 1.71. Brisanet Servicos De Telecomunicacoes' value of 0.94 is 44.9% below this benchmark. Historically, Brisanet Servicos De Telecomunicacoes' own Altman Z-Score has ranged from 0.85 to 0.98 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.71, Brisanet Servicos De Telecomunicacoes 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.71, based on 362 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. Brisanet Servicos De Telecomunicacoes's current Altman Z-Score of 0.94 is 44.9% 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 Brisanet Servicos De Telecomunicacoes and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brisanet Servicos De Telecomunicacoes's current Altman Z-Score is 0.94, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brisanet Servicos De Telecomunicacoes stock overvalued right now?
Brisanet Servicos De Telecomunicacoes (BSP:BRST3) has a current Altman Z-Score of 0.94. The current Altman Z-Score is 0.94, which is near median its 10-year median of 0.93 and 44.9% below the Telecommunication Services industry median of 1.71. Brisanet Servicos De Telecomunicacoes' overall GF Score™ is 7/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Brisanet Servicos De Telecomunicacoes (BSP:BRST3), the current Altman Z-Score is 0.94 as of Jul. 16, 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.

Brisanet Servicos De Telecomunicacoes Business Description

Address Highway CE - 138, km 14 - Rural Area, Pereiro, CE, BRA
Brisanet Servicos De Telecomunicacoes SA is a Brazilian company. The company's purpose is to provide telecommunications services, operating mainly in the fiber and mobile telephony segment.
7GF Score

Get the complete analysis for BSP:BRST3

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

R$2.80
Price