CCCMF (CANCOM SE) Altman Z-Score: 2.10 (As of Jun. 27, 2026) — 42% Below Median


CCCMF CANCOM SE CCCMF
85 GF Score
Price $27.30
GF Value $37.01
! 5 Warning Signs
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What is CANCOM SE Altman Z-Score?

CANCOM SE CCCMF 85 Altman Z-Score is 2.10 as of Jun. 27, 2026, which is 42% below its 10-year median of 3.63. GuruFocus rates CCCMF with a GF Score™ of 85/100 and a GF Value™ of $37.01. The stock has 5 warning signs investors should review. Among 2,765 Software companies, CANCOM SE ranks worse than 63.15% 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 2.1 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.

CANCOM SE has a Altman Z-Score of 2.10, indicating it is in Grey Zones. This implies that CANCOM SE 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 CANCOM SE's Altman Z-Score or its related term are showing as below:

CCCMF' s Altman Z-Score Range Over the Past 10 Years
Min: 2   Med: 3.63   Max: 5.66
Current: 2.1

During the past 13 years, CANCOM SE's highest Altman Z-Score was 5.66. The lowest was 2.00. And the median was 3.63.


CANCOM SE  (OTCPK:CCCMF) 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.


CANCOM SE Altman Z-Score Related Terms


CANCOM SE Altman Z-Score Historical Data

* Premium members only.

The historical data trend for CANCOM SE'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.

CANCOM SE Altman Z-Score Chart

CANCOM SE 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 4.33 2.82 2.33 2.09 2.00

CANCOM SE 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 2.16 2.18 2.18 2.00 2.13

CCCMF vs IBM, ACN, FISV: Altman Z-Score Comparison

For the Information Technology Services subindustry, CANCOM SE'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.


CANCOM SE Altman Z-Score vs Software Industry

For the Software industry and Technology sector, CANCOM SE's Altman Z-Score distribution charts can be found below:

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


CCCMF
85GF Score
CANCOM SE CCCMF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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CANCOM SE 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.

CANCOM SE'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*0.1083+1.4*0.0259+3.3*0.0385+0.6*0.8032+1.0*1.3242
=2.10

* 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 $1,530 Mil.
Total Current Assets was $840 Mil.
Total Current Liabilities was $674 Mil.
Retained Earnings was $40 Mil.
Pre-Tax Income was 12.297 + 28.501 + 11.932 + -1.463 = $51 Mil.
Interest Expense was -1.912 + -2.156 + -1.89 + -1.743 = $-8 Mil.
Revenue was 475.03 + 591.066 + 502.945 + 456.987 = $2,026 Mil.
Market Cap (Today) was $741 Mil.
Total Liabilities was $923 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
=(840.132 - 674.425)/1530.008
=0.1083

X2=Retained Earnings/Total Assets
=39.586/1530.008
=0.0259

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(51.267 - -7.701)/1530.008
=0.0385

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=741.195/922.779
=0.8032

X5=Revenue/Total Assets
=2026.028/1530.008
=1.3242

The zones of discrimination were as such:

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

CANCOM SE has a Altman Z-Score of 2.10 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 2.10 mean?
CANCOM SE (CCCMF) has a Altman Z-Score of 2.10 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CANCOM SE and its competitors. This is 42% below median its historical median of 3.63. Over the past decade, CANCOM SE's Altman Z-Score has ranged from 2.00 to 5.66. According to the industry distribution chart, CANCOM SE ranks #1746 out of 2765 companies in the Software industry, placing it in the top 63.1%.
Is CANCOM SE's Altman Z-Score too high?
CANCOM SE's current Altman Z-Score of 2.10 is 42% below median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.66. The Software industry median Altman Z-Score is 3.13. CANCOM SE's value of 2.10 is 32.9% below this industry median. Based on the distribution chart, CANCOM SE ranks #1746 out of 2765 companies in the Software industry, which is below the industry midpoint. Overall, CANCOM SE has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does CANCOM SE's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, CANCOM SE ranks #1746 out of 2765 companies for Altman Z-Score. This places CANCOM SE in the lower half of its industry. The industry median Altman Z-Score is 3.13. CANCOM SE's value of 2.10 is 32.9% below this benchmark. Historically, CANCOM SE's own Altman Z-Score has ranged from 2.00 to 5.66 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 3.13, CANCOM SE 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 Software company?
The median Altman Z-Score among Software companies is 3.13, based on 2,765 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. CANCOM SE's current Altman Z-Score of 2.10 is 32.9% 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 CANCOM SE and its competitors. For the Software industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CANCOM SE's current Altman Z-Score is 2.10, which is 42% below median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CANCOM SE stock overvalued right now?
CANCOM SE (CCCMF) has a current Altman Z-Score of 2.10. The stock's GF Value™ is $37.01, compared to a current price of $27.30 — trading 26.2% below its estimated fair value. The current Altman Z-Score is 2.10, which is 42% below median its 10-year median of 3.63 and 32.9% below the Software industry median of 3.13. CANCOM SE's overall GF Score™ is 85/100 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 CANCOM SE (CCCMF), the current Altman Z-Score is 2.10 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 CANCOM SE (CCCMF) Overvalued in 2026?

Based on GuruFocus' analysis, CANCOM SE stock appears to be undervalued. The current stock price of $27.30 is trading 26.2% below its estimated GF Value™ of $37.01.

Key valuation signals for CCCMF:

  • Altman Z-Score: 2.10 (42% below median its 10-year median of 3.63)
  • GF Value™: $37.01 vs. price of $27.30 (26.2% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 32.9% below the Software median (#1746 of 2765)

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


CANCOM SE Business Description

Address Erika-Mann-Strasse 69, Munich, BY, DEU, D-80636
CANCOM SE is a hybrid IT service provider. The group's range of IT solutions includes consulting, implementation, services and the operation of IT systems. As a hybrid IT integrator and service provider, the company delivers a range of services and solutions that includes business solutions and managed services such as cloud computing, analytics, enterprise mobility, IT security, hosting or as-a-service offerings. In geographical terms, the company operates in Germany, Austria as well as Switzerland, Romania and Belgium.
85GF Score

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

$27.30
Price
$37.01
GF Value