CIAneamento Do Parana-SANEPARBSP:SAPR4 +0.69%91 Altman Z-Score is 1.10 as of Jun. 28, 2026, which is 20% below its 10-year median of 1.37. GuruFocus rates BSP:SAPR4 with a GF Score™ of 91/100 and a GF Value™ of R$11.13 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 499 Utilities - Regulated companies, CIAneamento Do Parana-SANEPAR ranks worse than 60.52% 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 1.1 is in distress zone. This implies bankruptcy possibility in the next two years.
CIAneamento Do Parana-SANEPAR has a Altman Z-Score of 1.10, 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 CIAneamento Do Parana-SANEPAR's Altman Z-Score or its related term are showing as below:
BSP:SAPR4'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.1 Med: 1.37 Max: 1.94
Current: 1.1
During the past 13 years, CIAneamento Do Parana-SANEPAR's highest Altman Z-Score was 1.94. The lowest was 1.10. And the median was 1.37.
CIAneamento Do Parana-SANEPAR (BSP:SAPR4) 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.
* 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.
CIAneamento Do Parana-SANEPAR Altman Z-Score Chart
BSP:SAPR4 vs AWK, WTRG, AWR: Altman Z-Score Comparison
For the Utilities - Regulated Water subindustry, CIAneamento Do Parana-SANEPAR'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.
CIAneamento Do Parana-SANEPAR Altman Z-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CIAneamento Do Parana-SANEPAR's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where CIAneamento Do Parana-SANEPAR's Altman Z-Score falls into.
CIAneamento Do Parana-SANEPAR 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.
* 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.
CIAneamento Do Parana-SANEPAR (BSP:SAPR4) has a Altman Z-Score of 1.10 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CIAneamento Do Parana-SANEPAR and its competitors. This is 20% below median its historical median of 1.37. Over the past decade, CIAneamento Do Parana-SANEPAR's Altman Z-Score has ranged from 1.10 to 1.94. According to the industry distribution chart, CIAneamento Do Parana-SANEPAR ranks #302 out of 499 companies in the Utilities - Regulated industry, placing it in the top 60.5%.
Is CIAneamento Do Parana-SANEPAR's Altman Z-Score too high?
CIAneamento Do Parana-SANEPAR's current Altman Z-Score of 1.10 is 20% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 1.94. The Utilities - Regulated industry median Altman Z-Score is 1.27. CIAneamento Do Parana-SANEPAR's value of 1.10 is 13.4% below this industry median. Based on the distribution chart, CIAneamento Do Parana-SANEPAR ranks #302 out of 499 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CIAneamento Do Parana-SANEPAR has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CIAneamento Do Parana-SANEPAR's Altman Z-Score compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, CIAneamento Do Parana-SANEPAR ranks #302 out of 499 companies for Altman Z-Score. This places CIAneamento Do Parana-SANEPAR in the lower half of its industry. The industry median Altman Z-Score is 1.27. CIAneamento Do Parana-SANEPAR's value of 1.10 is 13.4% below this benchmark. Historically, CIAneamento Do Parana-SANEPAR's own Altman Z-Score has ranged from 1.10 to 1.94 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.27, CIAneamento Do Parana-SANEPAR 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 Utilities - Regulated company?
The median Altman Z-Score among Utilities - Regulated companies is 1.27, based on 499 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. CIAneamento Do Parana-SANEPAR's current Altman Z-Score of 1.10 is 13.4% 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 CIAneamento Do Parana-SANEPAR and its competitors. For the Utilities - Regulated industry, the median Altman Z-Score is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIAneamento Do Parana-SANEPAR's current Altman Z-Score is 1.10, which is 20% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIAneamento Do Parana-SANEPAR stock overvalued right now?
Based on GuruFocus' analysis, CIAneamento Do Parana-SANEPAR (BSP:SAPR4) is currently considered Possible Value Trap. The stock's GF Value™ is R$11.13, compared to a current price of R$7.25 — trading 34.9% below its estimated fair value. The current Altman Z-Score is 1.10, which is 20% below median its 10-year median of 1.37 and 13.4% below the Utilities - Regulated industry median of 1.27. CIAneamento Do Parana-SANEPAR's overall GF Score™ is 91/100 with 5 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 CIAneamento Do Parana-SANEPAR (BSP:SAPR4), the current Altman Z-Score is 1.10 as of Jun. 28, 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 CIAneamento Do Parana-SANEPAR (BSP:SAPR4) Overvalued in 2026?
Based on GuruFocus' analysis, CIAneamento Do Parana-SANEPAR stock appears to be undervalued.
The current stock price of R$7.25 is trading 34.9% below its estimated GF Value™ of R$11.13.
GuruFocus considers CIAneamento Do Parana-SANEPAR to be Possible Value Trap.
Key valuation signals for BSP:SAPR4:
Altman Z-Score: 1.10 (20% below median its 10-year median of 1.37)
GF Value™: R$11.13 vs. price of R$7.25 (34.9% below fair value)
Industry Position: 13.4% below the Utilities - Regulated median (#302 of 499)
No single metric tells the full story. See the BSP:SAPR4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIAneamento Do Parana-SANEPAR Business Description
CIA Saneamento Do Parana-SANEPAR provides treated water supply sewage collection & treatment, and Solid waste management services. The company provides sanitation services to cities, smaller areas, and municipalities. The firm operates in two business segments: Water treatment & distribution and Sanitary Sewage collection & treatment. It has a network for the withdrawal & distribution of drinking water, sewage collection, and the discharge of treated sewage. The firm operates landfills in Apucarana, Cornello, Procopio, and Cianorte for solid waste management. The majority of revenue get derived from the Water distribution and treatment segment.
91GF Score
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