Deme Group NV (CHIX:DEMEB) Altman Z-Score: 1.98 (As of Jul. 02, 2026) — Near Median


CHIX:DEMEB Deme Group NV CHIX:DEMEB
68 GF Score
Price €191.00
GF Value €155.77
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Deme Group NV Altman Z-Score?

Deme Group NV CHIX:DEMEB 68 Altman Z-Score is 1.98 as of Jul. 02, 2026, which is 8% above its 10-year median of 1.83. GuruFocus rates CHIX:DEMEB with a GF Score™ of 68/100 and a GF Value™ of €155.77 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,753 Construction companies, Deme Group NV ranks worse than 56.87% 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 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.

Deme Group NV has a Altman Z-Score of 1.98, indicating it is in Grey Zones. This implies that Deme Group NV 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 Deme Group NV's Altman Z-Score or its related term are showing as below:

CHIX:DEMEb' s Altman Z-Score Range Over the Past 10 Years
Min: 1.72   Med: 1.83   Max: 2
Current: 2

During the past 11 years, Deme Group NV's highest Altman Z-Score was 2.00. The lowest was 1.72. And the median was 1.83.


Deme Group NV  (CHIX:DEMEb) 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.


Deme Group NV Altman Z-Score Related Terms


Deme Group NV Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Deme Group 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.

Deme Group NV Altman Z-Score Chart

Deme Group 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 0.00 1.72 1.80 1.98 1.85

Deme Group NV Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 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 1.80 0.00 1.98 0.00 1.85

CHIX:DEMEB vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Deme Group 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.


Deme Group NV Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Deme Group NV's Altman Z-Score distribution charts can be found below:

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


CHIX:DEMEB
68GF Score
Deme Group NV CHIX:DEMEB
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Deme Group 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.

Deme Group 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*-0.0288+1.4*0.3042+3.3*0.0704+0.6*1.1426+1.0*0.6697
=1.98

* 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 €6,204 Mil.
Total Current Assets was €2,487 Mil.
Total Current Liabilities was €2,665 Mil.
Retained Earnings was €1,887 Mil.
Pre-Tax Income was €411 Mil.
Interest Expense was €-25 Mil.
Revenue was €4,155 Mil.
Market Cap (Today) was €4,319 Mil.
Total Liabilities was €3,780 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
=(2486.66 - 2665.075)/6203.648
=-0.0288

X2=Retained Earnings/Total Assets
=1886.942/6203.648
=0.3042

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(411.376 - -25.36)/6203.648
=0.0704

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4318.934/3779.957
=1.1426

X5=Revenue/Total Assets
=4154.733/6203.648
=0.6697

The zones of discrimination were as such:

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

Deme Group NV has a Altman Z-Score of 1.98 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 1.98 mean?
Deme Group NV (CHIX:DEMEB) has a Altman Z-Score of 1.98 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Deme Group NV and its competitors. This is near median its historical median of 1.83. Over the past decade, Deme Group NV's Altman Z-Score has ranged from 1.72 to 2.00. According to the industry distribution chart, Deme Group NV ranks #997 out of 1753 companies in the Construction industry, placing it in the top 56.9%.
Is Deme Group NV's Altman Z-Score too high?
Deme Group NV's current Altman Z-Score of 1.98 is near median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 2.00. The Construction industry median Altman Z-Score is 2.33. Deme Group NV's value of 1.98 is 15% below this industry median. Based on the distribution chart, Deme Group NV ranks #997 out of 1753 companies in the Construction industry, which is below the industry midpoint. Overall, Deme Group NV has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deme Group NV's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Deme Group NV ranks #997 out of 1753 companies for Altman Z-Score. This places Deme Group NV in the lower half of its industry. The industry median Altman Z-Score is 2.33. Deme Group NV's value of 1.98 is 15% below this benchmark. Historically, Deme Group NV's own Altman Z-Score has ranged from 1.72 to 2.00 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 2.33, Deme Group 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,753 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. Deme Group NV's current Altman Z-Score of 1.98 is 15% 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 Deme Group NV and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deme Group NV's current Altman Z-Score is 1.98, which is near median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deme Group NV stock overvalued right now?
Based on GuruFocus' analysis, Deme Group NV (CHIX:DEMEB) is currently considered Modestly Overvalued. The stock's GF Value™ is €155.77, compared to a current price of €191.00 — trading 22.6% above its estimated fair value. The current Altman Z-Score is 1.98, which is near median its 10-year median of 1.83 and 15% below the Construction industry median of 2.33. Deme Group NV's overall GF Score™ is 68/100 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 Deme Group NV (CHIX:DEMEB), the current Altman Z-Score is 1.98 as of Jul. 02, 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 Deme Group NV (CHIX:DEMEB) Overvalued in 2026?

Based on GuruFocus' analysis, Deme Group NV stock appears to be overvalued. The current stock price of €191.00 is trading 22.6% above its estimated GF Value™ of €155.77. GuruFocus considers Deme Group NV to be Modestly Overvalued.

Key valuation signals for CHIX:DEMEB:

  • Altman Z-Score: 1.98 (near median its 10-year median of 1.83)
  • GF Value™: €155.77 vs. price of €191.00 (22.6% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 15% below the Construction median (#997 of 1753)

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


Deme Group NV Business Description

Other Exchanges MT0:GermanyDEME:Belgium
Address Scheldedijk 30, Haven 1025, Zwijndrecht, BEL, 2070
Deme Group NV Is a provider of dredging and construction services intended to cater to the renewable energy industries and environmental works. The company provides engineering and contracting services globally in the offshore renewables and non-renewables sectors and performs a wide variety of dredging activities and offers solutions for soil remediation and brownfield redevelopment, as well as environmental dredging and sediment treatment, thereby serving its clients. It has segments namely Offshore Energy, Dredging & Infra, Environmental and Concessions, out of which Offshore Energy derives maximum revenue. The company geographically operates in America, Africa, Europe, Middle East and Asia.
68GF Score

Get the complete analysis for CHIX:DEMEB

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

€191.00
Price
€155.77
GF Value