Eltel ABCHIX:ELTELS 53 Altman Z-Score is 0.76 as of Jul. 03, 2026, which is 6% above its 10-year median of 0.72. GuruFocus rates CHIX:ELTELS with a GF Score™ of 53/100 and a GF Value™ of kr13.38. The stock has 3 warning signs investors should review. Among 364 Telecommunication Services companies, Eltel AB ranks worse than 79.4% 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 0.76 is in distress zone. This implies bankruptcy possibility in the next two years.
Eltel AB has a Altman Z-Score of 0.76, 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 Eltel AB's Altman Z-Score or its related term are showing as below:
CHIX:ELTELs'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.24 Med: 0.72 Max: 1.99
Current: 0.76
During the past 13 years, Eltel AB's highest Altman Z-Score was 1.99. The lowest was 0.24. And the median was 0.72.
Eltel AB (CHIX:ELTELs) 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.
Altman Z-Score does not apply to financial companies.
Eltel AB Altman Z-Score Related Terms
Eltel AB Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Eltel 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.
CHIX:ELTELS vs TMUS, VZ, T: Altman Z-Score Comparison
For the Telecom Services subindustry, Eltel 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.
Eltel AB Altman Z-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Eltel AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Eltel AB'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.
Eltel 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
*
-0.0297
+
1.4
*
-0.7152
+
3.3
*
0.0388
+
0.6
*
0.4125
+
1.0
*
1.4215
=
0.76
* 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.
Eltel AB (CHIX:ELTELS) has a Altman Z-Score of 0.76 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Eltel AB and its competitors. This is near median its historical median of 0.72. Over the past decade, Eltel AB's Altman Z-Score has ranged from 0.24 to 1.99. According to the industry distribution chart, Eltel AB ranks #289 out of 364 companies in the Telecommunication Services industry, placing it in the top 79.4%.
Is Eltel AB's Altman Z-Score too high?
Eltel AB's current Altman Z-Score of 0.76 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.99. The Telecommunication Services industry median Altman Z-Score is 1.71. Eltel AB's value of 0.76 is 55.6% below this industry median. Based on the distribution chart, Eltel AB ranks #289 out of 364 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Eltel AB has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Eltel AB's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Eltel AB ranks #289 out of 364 companies for Altman Z-Score. This places Eltel AB in the lower half of its industry. The industry median Altman Z-Score is 1.71. Eltel AB's value of 0.76 is 55.6% below this benchmark. Historically, Eltel AB's own Altman Z-Score has ranged from 0.24 to 1.99 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.71, Eltel AB 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.71, based on 364 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. Eltel AB's current Altman Z-Score of 0.76 is 55.6% 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 Eltel AB and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eltel AB's current Altman Z-Score is 0.76, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltel AB stock overvalued right now?
Eltel AB (CHIX:ELTELS) has a current Altman Z-Score of 0.76. The stock's GF Value™ is kr13.38, compared to a current price of kr22.58 — trading 68.7% above its estimated fair value. The current Altman Z-Score is 0.76, which is near median its 10-year median of 0.72 and 55.6% below the Telecommunication Services industry median of 1.71. Eltel AB's overall GF Score™ is 53/100 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 Eltel AB (CHIX:ELTELS), the current Altman Z-Score is 0.76 as of Jul. 03, 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 Eltel AB (CHIX:ELTELS) Overvalued in 2026?
Based on GuruFocus' analysis, Eltel AB stock appears to be overvalued.
The current stock price of kr22.58 is trading 68.7% above its estimated GF Value™ of kr13.38.
Key valuation signals for CHIX:ELTELS:
Altman Z-Score: 0.76 (near median its 10-year median of 0.72)
GF Value™: kr13.38 vs. price of kr22.58 (68.7% above fair value)
Industry Position: 55.6% below the Telecommunication Services median (#289 of 364)
No single metric tells the full story. See the CHIX:ELTELS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eltel AB provides technical services for infrastructure networks. It operates in two key business areas: Communication and Power. In the Communication business, which derives key revenue, it establishes networks and supports digitalization by providing design, installation, upgrades, and services to mobile and fixed communication networks. In the Power business, it enables the transmission of renewable energy and electrification by providing maintenance and upgrades to power distribution and transmission, smart grids, and turnkey solutions in e-mobility, solar photovoltaic, wind energy, and battery energy storage systems. The company reports its operations in the following geographical segments: Finland (its maximum revenue-generating market), Denmark and Germany, Norway, and Sweden.
53GF Score
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