Ependion ABCHIX:EPENS 80 Altman Z-Score is 2.75 as of Jun. 30, 2026, which is 36% above its 10-year median of 2.02. GuruFocus rates CHIX:EPENS with a GF Score™ of 80/100 and a GF Value™ of kr77.24. The stock has 8 warning signs investors should review. Among 2,459 Hardware companies, Ependion AB ranks worse than 62.99% 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 2.75 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.
Ependion AB has a Altman Z-Score of 2.75, indicating it is in Grey Zones. This implies that Ependion AB 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 Ependion AB's Altman Z-Score or its related term are showing as below:
CHIX:EPENs'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.22 Med: 2.02 Max: 3.52
Current: 2.75
During the past 13 years, Ependion AB's highest Altman Z-Score was 3.52. The lowest was 1.22. And the median was 2.02.
Ependion AB (CHIX:EPENs) 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.
Ependion AB Altman Z-Score Related Terms
Ependion AB Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Ependion 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:EPENS vs CSCO, CIEN, MSI: Altman Z-Score Comparison
For the Communication Equipment subindustry, Ependion 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.
Ependion AB Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Ependion AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Ependion 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.
Ependion 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
*
0.1239
+
1.4
*
0
+
3.3
*
0.0745
+
0.6
*
2.7899
+
1.0
*
0.6812
=
2.75
* 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.
Ependion AB (CHIX:EPENS) has a Altman Z-Score of 2.75 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ependion AB and its competitors. This is 36% above median its historical median of 2.02. Over the past decade, Ependion AB's Altman Z-Score has ranged from 1.22 to 3.52. According to the industry distribution chart, Ependion AB ranks #1549 out of 2459 companies in the Hardware industry, placing it in the top 63%.
Is Ependion AB's Altman Z-Score too high?
Ependion AB's current Altman Z-Score of 2.75 is 36% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 3.52. The Hardware industry median Altman Z-Score is 3.60. Ependion AB's value of 2.75 is 23.6% below this industry median. Based on the distribution chart, Ependion AB ranks #1549 out of 2459 companies in the Hardware industry, which is below the industry midpoint. Overall, Ependion AB has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Ependion AB's Altman Z-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Ependion AB ranks #1549 out of 2459 companies for Altman Z-Score. This places Ependion AB in the lower half of its industry. The industry median Altman Z-Score is 3.60. Ependion AB's value of 2.75 is 23.6% below this benchmark. Historically, Ependion AB's own Altman Z-Score has ranged from 1.22 to 3.52 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 3.60, Ependion 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.60, 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. Ependion AB's current Altman Z-Score of 2.75 is 23.6% 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 Ependion AB and its competitors. For the Hardware industry, the median Altman Z-Score is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ependion AB's current Altman Z-Score is 2.75, which is 36% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ependion AB stock overvalued right now?
Ependion AB (CHIX:EPENS) has a current Altman Z-Score of 2.75. The stock's GF Value™ is kr77.24, compared to a current price of kr104.50 — trading 35.3% above its estimated fair value. The current Altman Z-Score is 2.75, which is 36% above median its 10-year median of 2.02 and 23.6% below the Hardware industry median of 3.60. Ependion AB's overall GF Score™ is 80/100 with 8 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 Ependion AB (CHIX:EPENS), the current Altman Z-Score is 2.75 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 Ependion AB (CHIX:EPENS) Overvalued in 2026?
Based on GuruFocus' analysis, Ependion AB stock appears to be overvalued.
The current stock price of kr104.50 is trading 35.3% above its estimated GF Value™ of kr77.24.
Key valuation signals for CHIX:EPENS:
Altman Z-Score: 2.75 (36% above median its 10-year median of 2.02)
GF Value™: kr77.24 vs. price of kr104.50 (35.3% above fair value)
Industry Position: 23.6% below the Hardware median (#1549 of 2459)
No single metric tells the full story. See the CHIX:EPENS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ependion AB is technology group delivering digital solutions for secure control, visualization and data communication for industrial applications in environments where reliability and high quality are critical factors. The operating segments are divided between the Beijer Electronics and Westermo business entities. Beijer; and Westermo. It generates majority of revenue from Westermo which develops robust and secure communication solutions for harsh environments, with its focus on rail networks, with the business entity being the world'wide market leader in its niche for trackside and for the energy sector. The company has presence in Nordics, Rest of Europe, North America, Asia, and Rest of world.
80GF Score
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