Frasle Mobility (BSP:FRAS3) Altman Z-Score: 2.42 (As of Jun. 27, 2026) — 10% Below Median


BSP:FRAS3 Frasle Mobility SA BSP:FRAS3
81 GF Score
Price R$21.21
GF Value R$25.74
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Frasle Mobility Altman Z-Score?

Frasle Mobility BSP:FRAS3 +0.52% 81 Altman Z-Score is 2.42 as of Jun. 27, 2026, which is 10% below its 10-year median of 2.70. GuruFocus rates BSP:FRAS3 with a GF Score™ of 81/100 and a GF Value™ of R$25.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Frasle Mobility ranks worse than 53.01% 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 2.42 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Frasle Mobility has a Altman Z-Score of 2.42, indicating it is in Grey Zones. This implies that Frasle Mobility is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Frasle Mobility's Altman Z-Score or its related term are showing as below:

BSP:FRAS3' s Altman Z-Score Range Over the Past 10 Years
Min: 1.55   Med: 2.7   Max: 3.56
Current: 2.42

During the past 13 years, Frasle Mobility's highest Altman Z-Score was 3.56. The lowest was 1.55. And the median was 2.70.


Frasle Mobility  (BSP:FRAS3) 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.


Frasle Mobility Altman Z-Score Related Terms


Frasle Mobility Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Frasle Mobility'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.

Frasle Mobility Altman Z-Score Chart

Frasle Mobility 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 2.67 2.73 3.56 3.34 2.47

Frasle Mobility 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 2.57 2.71 2.60 2.47 2.47

BSP:FRAS3 vs ORLY, AZO, BWA: Altman Z-Score Comparison

For the Auto Parts subindustry, Frasle Mobility'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.


Frasle Mobility Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Frasle Mobility's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Frasle Mobility's Altman Z-Score falls into.


BSP:FRAS3
81GF Score
Frasle Mobility SA BSP:FRAS3
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frasle Mobility 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.

Frasle Mobility'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*0.2713+1.4*0.1204+3.3*0.1133+0.6*1.2935+1.0*0.7756
=2.42

* 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$6,974 Mil.
Total Current Assets was R$3,354 Mil.
Total Current Liabilities was R$1,462 Mil.
Retained Earnings was R$840 Mil.
Pre-Tax Income was 56.523 + 45.279 + 111.019 + 70.691 = R$284 Mil.
Interest Expense was -81.499 + -84.79 + -169.933 + -170.188 = R$-506 Mil.
Revenue was 1250.164 + 1384.953 + 1414.067 + 1360.14 = R$5,409 Mil.
Market Cap (Today) was R$5,882 Mil.
Total Liabilities was R$4,548 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
=(3354.185 - 1462.349)/6974.021
=0.2713

X2=Retained Earnings/Total Assets
=839.676/6974.021
=0.1204

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(283.512 - -506.41)/6974.021
=0.1133

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5882.277/4547.622
=1.2935

X5=Revenue/Total Assets
=5409.324/6974.021
=0.7756

The zones of discrimination were as such:

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

Frasle Mobility has a Altman Z-Score of 2.42 indicating it is in Grey 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 2.42 mean?
Frasle Mobility (BSP:FRAS3) has a Altman Z-Score of 2.42 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Frasle Mobility and its competitors. This is 10% below median its historical median of 2.70. Over the past decade, Frasle Mobility's Altman Z-Score has ranged from 1.55 to 3.56. According to the industry distribution chart, Frasle Mobility ranks #696 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 53%.
Is Frasle Mobility's Altman Z-Score too high?
Frasle Mobility's current Altman Z-Score of 2.42 is 10% below median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 3.56. The Vehicles & Parts industry median Altman Z-Score is 2.56. Frasle Mobility's value of 2.42 is 5.5% below this industry median. Based on the distribution chart, Frasle Mobility ranks #696 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Frasle Mobility has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frasle Mobility's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Frasle Mobility ranks #696 out of 1313 companies for Altman Z-Score. This places Frasle Mobility in the lower half of its industry. The industry median Altman Z-Score is 2.56. Frasle Mobility's value of 2.42 is 5.5% below this benchmark. Historically, Frasle Mobility's own Altman Z-Score has ranged from 1.55 to 3.56 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 2.56, Frasle Mobility 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.56, based on 1,313 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. Frasle Mobility's current Altman Z-Score of 2.42 is 5.5% 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 Frasle Mobility and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasle Mobility's current Altman Z-Score is 2.42, which is 10% below median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasle Mobility stock overvalued right now?
Based on GuruFocus' analysis, Frasle Mobility (BSP:FRAS3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$25.74, compared to a current price of R$21.21 — trading 17.6% below its estimated fair value. The current Altman Z-Score is 2.42, which is 10% below median its 10-year median of 2.70 and 5.5% below the Vehicles & Parts industry median of 2.56. Frasle Mobility's overall GF Score™ is 81/100 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 Frasle Mobility (BSP:FRAS3), the current Altman Z-Score is 2.42 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 Frasle Mobility (BSP:FRAS3) Overvalued in 2026?

Based on GuruFocus' analysis, Frasle Mobility stock appears to be undervalued. The current stock price of R$21.21 is trading 17.6% below its estimated GF Value™ of R$25.74. GuruFocus considers Frasle Mobility to be Modestly Undervalued.

Key valuation signals for BSP:FRAS3:

  • Altman Z-Score: 2.42 (10% below median its 10-year median of 2.70)
  • GF Value™: R$25.74 vs. price of R$21.21 (17.6% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 5.5% below the Vehicles & Parts median (#696 of 1313)

No single metric tells the full story. See the BSP:FRAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frasle Mobility Business Description

Address RS 122 - KM 66, No. 10945, Forqueta, Caxias Do Sul, RS, BRA, 95115-550
Frasle Mobility SA is engaged in manufacturing, marketing and import of components for brakes, couplings, transmissions, friction materials, resin-based products, auto parts, plastic artifacts and their derivative products. The company offers brake linings and pads for commercial vehicles; disc brake pads for hydraulic breaks for passenger and utility vehicles; brake linings and shoes for light vehicles; clutch facings for automotive vehicles; and motorcycle pads and shoes. It also provides aircraft pads; refitters; and pads and shoes for trains and subways, as well as universal flat sheets, molded and woven linings, and flexible molded blocks for industrial applications.
81GF Score

Get the complete analysis for BSP:FRAS3

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

R$21.21
Price
R$25.74
GF Value