Clas Ohlson AB (CHIX:CLASBS) Altman Z-Score: 6.47 (As of Jun. 30, 2026) — 53% Above Median


CHIX:CLASBS Clas Ohlson AB CHIX:CLASBS
79 GF Score
Price kr377.00
GF Value kr214.74
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Clas Ohlson AB Altman Z-Score?

Clas Ohlson AB CHIX:CLASBS 79 Altman Z-Score is 6.47 as of Jun. 30, 2026, which is 53% above its 10-year median of 4.23. GuruFocus rates CHIX:CLASBS with a GF Score™ of 79/100 and a GF Value™ of kr214.74 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Clas Ohlson AB ranks better than 85.35% 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 6.43 is strong.

Clas Ohlson AB has a Altman Z-Score of 6.47, 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 Clas Ohlson AB's Altman Z-Score or its related term are showing as below:

CHIX:CLASBs' s Altman Z-Score Range Over the Past 10 Years
Min: 3.02   Med: 4.23   Max: 7.04
Current: 6.43

During the past 13 years, Clas Ohlson AB's highest Altman Z-Score was 7.04. The lowest was 3.02. And the median was 4.23.


Clas Ohlson AB  (CHIX:CLASBs) 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.


Clas Ohlson AB Altman Z-Score Related Terms


Clas Ohlson AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Clas Ohlson AB'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.

Clas Ohlson AB Altman Z-Score Chart

Clas Ohlson AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 3.15 3.90 5.63 6.23

Clas Ohlson AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 5.63 5.90 5.89 5.28 6.23

CHIX:CLASBS vs CASY, WSM, DKS: Altman Z-Score Comparison

For the Specialty Retail subindustry, Clas Ohlson AB'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.


Clas Ohlson AB Altman Z-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Clas Ohlson AB's Altman Z-Score falls into.


CHIX:CLASBS
79GF Score
Clas Ohlson AB CHIX:CLASBS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clas Ohlson AB 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.

Clas Ohlson AB'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*0.1939+1.4*0.3922+3.3*0.1975+0.6*5.7505+1.0*1.5866
=6.47

* 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 Apr. 2026:
Total Assets was kr7,887 Mil.
Total Current Assets was kr4,527 Mil.
Total Current Liabilities was kr2,997 Mil.
Retained Earnings was kr3,093 Mil.
Pre-Tax Income was 168.9 + 648 + 396.4 + 265.3 = kr1,479 Mil.
Interest Expense was -20.9 + -20.1 + -19.8 + -18.6 = kr-79 Mil.
Revenue was 2610.7 + 4079.7 + 3009.1 + 2814.5 = kr12,514 Mil.
Market Cap (Today) was kr27,218 Mil.
Total Liabilities was kr4,733 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
=(4526.5 - 2997.3)/7887.3
=0.1939

X2=Retained Earnings/Total Assets
=3093.3/7887.3
=0.3922

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1478.6 - -79.4)/7887.3
=0.1975

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=27218.101/4733.2
=5.7505

X5=Revenue/Total Assets
=12514/7887.3
=1.5866

The zones of discrimination were as such:

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

Clas Ohlson AB has a Altman Z-Score of 6.47 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 6.47 mean?
Clas Ohlson AB (CHIX:CLASBS) has a Altman Z-Score of 6.47 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Clas Ohlson AB and its competitors. This is 53% above median its historical median of 4.23. Over the past decade, Clas Ohlson AB's Altman Z-Score has ranged from 3.02 to 7.04. According to the industry distribution chart, Clas Ohlson AB ranks #163 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 14.6%.
Is Clas Ohlson AB's Altman Z-Score too high?
Clas Ohlson AB's current Altman Z-Score of 6.47 is 53% above median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 7.04. The Retail - Cyclical industry median Altman Z-Score is 2.72. Clas Ohlson AB's value of 6.47 is 137.9% above this industry median. Based on the distribution chart, Clas Ohlson AB ranks #163 out of 1113 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Clas Ohlson AB has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clas Ohlson AB's Altman Z-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Clas Ohlson AB ranks #163 out of 1113 companies for Altman Z-Score. This places Clas Ohlson AB in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.72. Clas Ohlson AB's value of 6.47 is 137.9% above this benchmark. Historically, Clas Ohlson AB's own Altman Z-Score has ranged from 3.02 to 7.04 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 2.72, Clas Ohlson AB has consistently been above 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.72, based on 1,113 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. Clas Ohlson AB's current Altman Z-Score of 6.47 is 137.9% above 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 Clas Ohlson AB and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clas Ohlson AB's current Altman Z-Score is 6.47, which is 53% above median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clas Ohlson AB stock overvalued right now?
Based on GuruFocus' analysis, Clas Ohlson AB (CHIX:CLASBS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr214.74, compared to a current price of kr377.00 — trading 75.6% above its estimated fair value. The current Altman Z-Score is 6.47, which is 53% above median its 10-year median of 4.23 and 137.9% above the Retail - Cyclical industry median of 2.72. Clas Ohlson AB's overall GF Score™ is 79/100 with 3 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 Clas Ohlson AB (CHIX:CLASBS), the current Altman Z-Score is 6.47 as of Jun. 30, 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 Clas Ohlson AB (CHIX:CLASBS) Overvalued in 2026?

Based on GuruFocus' analysis, Clas Ohlson AB stock appears to be overvalued. The current stock price of kr377.00 is trading 75.6% above its estimated GF Value™ of kr214.74. GuruFocus considers Clas Ohlson AB to be Significantly Overvalued.

Key valuation signals for CHIX:CLASBS:

  • Altman Z-Score: 6.47 (53% above median its 10-year median of 4.23)
  • GF Value™: kr214.74 vs. price of kr377.00 (75.6% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 137.9% above the Retail - Cyclical median (#163 of 1113)

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


Clas Ohlson AB Business Description

Address Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main segments by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.
79GF Score

Get the complete analysis for CHIX:CLASBS

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

kr377.00
Price
kr214.74
GF Value