Centrais Eletricas BrasileirasBUE:ELET6 70 Altman Z-Score is 0.54 as of Jul. 10, 2026, which is 28% below its 10-year median of 0.75. GuruFocus rates BUE:ELET6 with a GF Score™ of 70/100. The stock has 4 warning signs investors should review. Among 414 Utilities - Independent Power Producers companies, Centrais Eletricas Brasileiras ranks worse than 69.57% 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 0.7 is in distress zone. This implies bankruptcy possibility in the next two years.
Centrais Eletricas Brasileiras has a Altman Z-Score of 0.54, 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 Centrais Eletricas Brasileiras's Altman Z-Score or its related term are showing as below:
BUE:ELET6'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.32 Med: 0.75 Max: 1.02
Current: 0.7
During the past 13 years, Centrais Eletricas Brasileiras's highest Altman Z-Score was 1.02. The lowest was 0.32. And the median was 0.75.
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.
For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.
Centrais Eletricas Brasileiras Altman Z-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Centrais Eletricas Brasileiras's Altman Z-Score falls into.
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.
Trailing Twelve Months (TTM) ended in Mar. 2026: Total Assets was ARS74,840,589.97 Mil. Total Current Assets was ARS14,772,958.31 Mil. Total Current Liabilities was ARS7,010,364.83 Mil. Retained Earnings was ARS703,097.03 Mil. Pre-Tax Income was 820515.56 + 254911.268 + -1322290.874 + -519668.294 = ARS-766,532.34 Mil. Interest Expense was -562546.074 + 155631.258 + -534211.408 + -468770.634 = ARS-1,409,896.86 Mil. Revenue was 3398713.679 + 2837677.677 + 2532821.857 + 2183370.538 = ARS10,952,583.75 Mil. Market Cap (Today) was ARS16,183,730.78 Mil. Total Liabilities was ARS42,436,151.63 Mil.
* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.
Centrais Eletricas Brasileiras (BUE:ELET6) has a Altman Z-Score of 0.54 as of Jul. 10, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Centrais Eletricas Brasileiras and its competitors. This is 28% below median its historical median of 0.75. Over the past decade, Centrais Eletricas Brasileiras' Altman Z-Score has ranged from 0.32 to 1.02. According to the industry distribution chart, Centrais Eletricas Brasileiras ranks #288 out of 414 companies in the Utilities - Independent Power Producers industry, placing it in the top 69.6%.
Is Centrais Eletricas Brasileiras' Altman Z-Score too high?
Centrais Eletricas Brasileiras' current Altman Z-Score of 0.54 is 28% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.02. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.22. Centrais Eletricas Brasileiras' value of 0.54 is 55.7% below this industry median. Based on the distribution chart, Centrais Eletricas Brasileiras ranks #288 out of 414 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Centrais Eletricas Brasileiras has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Centrais Eletricas Brasileiras' Altman Z-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Centrais Eletricas Brasileiras ranks #288 out of 414 companies for Altman Z-Score. This places Centrais Eletricas Brasileiras in the lower half of its industry. The industry median Altman Z-Score is 1.22. Centrais Eletricas Brasileiras' value of 0.54 is 55.7% below this benchmark. Historically, Centrais Eletricas Brasileiras' own Altman Z-Score has ranged from 0.32 to 1.02 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.22, Centrais Eletricas Brasileiras 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 - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.22, based on 414 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. Centrais Eletricas Brasileiras's current Altman Z-Score of 0.54 is 55.7% 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 Centrais Eletricas Brasileiras and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centrais Eletricas Brasileiras's current Altman Z-Score is 0.54, which is 28% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centrais Eletricas Brasileiras stock overvalued right now?
Centrais Eletricas Brasileiras (BUE:ELET6) has a current Altman Z-Score of 0.54. The current Altman Z-Score is 0.54, which is 28% below median its 10-year median of 0.75 and 55.7% below the Utilities - Independent Power Producers industry median of 1.22. Centrais Eletricas Brasileiras' overall GF Score™ is 70/100 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 Centrais Eletricas Brasileiras (BUE:ELET6), the current Altman Z-Score is 0.54 as of Jul. 10, 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.
Centrais Eletricas Brasileiras Business Description
Axia Energia is engaged in the generation, transmission, and commercialization of electricity in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country.
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