Barco NV (CHIX:BARB) Altman Z-Score: 3.49 (As of Jun. 28, 2026) — 22% Below Median


CHIX:BARB Barco NV CHIX:BARB
78 GF Score
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GF Value €16.01
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What is Barco NV Altman Z-Score?

Barco NV CHIX:BARB 78 Altman Z-Score is 3.49 as of Jun. 28, 2026, which is 22% below its 10-year median of 4.45. GuruFocus rates CHIX:BARB with a GF Score™ of 78/100 and a GF Value™ of €16.01. Among 2,459 Hardware companies, Barco NV ranks worse than 51.32% 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.

Good Sign:

Altman Z-score of 3.49 is strong.

Barco NV has a Altman Z-Score of 3.49, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 Barco NV's Altman Z-Score or its related term are showing as below:

CHIX:BARb' s Altman Z-Score Range Over the Past 10 Years
Min: 3   Med: 4.45   Max: 6.2
Current: 3.49

During the past 13 years, Barco NV's highest Altman Z-Score was 6.20. The lowest was 3.00. And the median was 4.45.


Barco NV  (CHIX:BARb) 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.


Barco NV Altman Z-Score Related Terms


Barco NV Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Barco NV'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.

Barco NV Altman Z-Score Chart

Barco NV 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 4.72 5.79 5.03 3.44 3.93

Barco NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.03 0.00 3.44 0.00 3.93

CHIX:BARB vs APH, GLW, TEL: Altman Z-Score Comparison

For the Electronic Components subindustry, Barco NV'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.


Barco NV Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Barco NV's Altman Z-Score distribution charts can be found below:

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


CHIX:BARB
78GF Score
Barco NV CHIX:BARB
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Barco NV 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.

Barco NV'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*0.3854+1.4*0.5916+3.3*0.0763+0.6*1.7813+1.0*0.8758
=3.49

* 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 Dec. 2025:
Total Assets was €1,100.5 Mil.
Total Current Assets was €689.4 Mil.
Total Current Liabilities was €265.3 Mil.
Retained Earnings was €651.1 Mil.
Pre-Tax Income was €80.8 Mil.
Interest Expense was €-3.2 Mil.
Revenue was €963.8 Mil.
Market Cap (Today) was €686.9 Mil.
Total Liabilities was €385.6 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
=(689.418 - 265.319)/1100.469
=0.3854

X2=Retained Earnings/Total Assets
=651.07/1100.469
=0.5916

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(80.818 - -3.199)/1100.469
=0.0763

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=686.918/385.626
=1.7813

X5=Revenue/Total Assets
=963.842/1100.469
=0.8758

The zones of discrimination were as such:

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

Barco NV has a Altman Z-Score of 3.49 indicating it is in Safe 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 3.49 mean?
Barco NV (CHIX:BARB) has a Altman Z-Score of 3.49 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Barco NV and its competitors. This is 22% below median its historical median of 4.45. Over the past decade, Barco NV's Altman Z-Score has ranged from 3.00 to 6.20. According to the industry distribution chart, Barco NV ranks #1262 out of 2459 companies in the Hardware industry, placing it in the top 51.3%.
Is Barco NV's Altman Z-Score too high?
Barco NV's current Altman Z-Score of 3.49 is 22% below median its 10-year median of 4.45. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.20. The Hardware industry median Altman Z-Score is 3.59. Barco NV's value of 3.49 is 2.8% below this industry median. Based on the distribution chart, Barco NV ranks #1262 out of 2459 companies in the Hardware industry, which is below the industry midpoint. Overall, Barco NV has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Barco NV's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Barco NV ranks #1262 out of 2459 companies for Altman Z-Score. This places Barco NV in the lower half of its industry. The industry median Altman Z-Score is 3.59. Barco NV's value of 3.49 is 2.8% below this benchmark. Historically, Barco NV's own Altman Z-Score has ranged from 3.00 to 6.20 over the past decade. While the company's 10-year median is 4.45 vs. the industry median of 3.59, Barco NV 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, based on 2,459 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. Barco NV's current Altman Z-Score of 3.49 is 2.8% 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 Barco NV and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barco NV's current Altman Z-Score is 3.49, which is 22% below median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barco NV stock overvalued right now?
Barco NV (CHIX:BARB) has a current Altman Z-Score of 3.49. The stock's GF Value™ is €16.01, compared to a current price of €9.71 — trading 39.4% below its estimated fair value. The current Altman Z-Score is 3.49, which is 22% below median its 10-year median of 4.45 and 2.8% below the Hardware industry median of 3.59. Barco NV's overall GF Score™ is 78/100. 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 Barco NV (CHIX:BARB), the current Altman Z-Score is 3.49 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 Barco NV (CHIX:BARB) Overvalued in 2026?

Based on GuruFocus' analysis, Barco NV stock appears to be undervalued. The current stock price of €9.71 is trading 39.4% below its estimated GF Value™ of €16.01.

Key valuation signals for CHIX:BARB:

  • Altman Z-Score: 3.49 (22% below median its 10-year median of 4.45)
  • GF Value™: €16.01 vs. price of €9.71 (39.4% below fair value)
  • GF Score™: 78/100
  • Industry Position: 2.8% below the Hardware median (#1262 of 2459)

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


Barco NV Business Description

Address 35 President Kennedypark, Kortrijk, BEL, 8500
Barco NV is an electronics company with three business segments: Entertainment, Enterprise, and Healthcare. The Entertainment business segment, which generates maximum revenue, comprises two business units; Cinema which offers the industry's complete range of laser and lamp-based cinema projectors, including image processing and audio solutions; and the Immersive Experience business unit, which offers solutions tailored to the specific needs of large venues, live events, themed entertainment (museums, theme parks, digital immersive art installations, projection mapping, etc.) and simulation applications: projection, image processing, and related services. Geographically, the group generates maximum revenue from the Americas, followed by EMEA and the Asia-Pacific regions.
78GF Score

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