Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Komax Holding AGCHIX:KOMNZ +2.02%69 Altman Z-Score is 1.87 as of Jul. 14, 2026, which is 55% below its 10-year median of 4.20. GuruFocus rates CHIX:KOMNZ with a GF Score™ of 69/100 and a GF Value™ of CHF113.04 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 3,007 Industrial Products companies, Komax Holding AG ranks worse than 76.62% 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 1.86 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.
Komax Holding AG has a Altman Z-Score of 1.87, indicating it is in Grey Zones. This implies that Komax Holding AG 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 Komax Holding AG's Altman Z-Score or its related term are showing as below:
CHIX:KOMNz'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.86 Med: 4.2 Max: 8.09
Current: 1.86
During the past 13 years, Komax Holding AG's highest Altman Z-Score was 8.09. The lowest was 1.86. And the median was 4.20.
Komax Holding AG (CHIX:KOMNz) 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.
Komax Holding AG Altman Z-Score Related Terms
Komax Holding AG Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Komax Holding AG'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:KOMNZ vs GEV, ETN, PH: Altman Z-Score Comparison
For the Specialty Industrial Machinery subindustry, Komax Holding AG'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.
Komax Holding AG Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Komax Holding AG's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Komax Holding AG'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.
Komax Holding AG'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
*
0.3881
+
1.4
*
0.0122
+
3.3
*
0.0075
+
0.6
*
0.7649
+
1.0
*
0.9024
=
1.87
* 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.
Komax Holding AG (CHIX:KOMNZ) has a Altman Z-Score of 1.87 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Komax Holding AG and its competitors. This is 55% below median its historical median of 4.20. Over the past decade, Komax Holding AG's Altman Z-Score has ranged from 1.86 to 8.09. According to the industry distribution chart, Komax Holding AG ranks #2304 out of 3007 companies in the Industrial Products industry, placing it in the top 76.6%.
Is Komax Holding AG's Altman Z-Score too high?
Komax Holding AG's current Altman Z-Score of 1.87 is 55% below median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 8.09. The Industrial Products industry median Altman Z-Score is 3.32. Komax Holding AG's value of 1.87 is 43.7% below this industry median. Based on the distribution chart, Komax Holding AG ranks #2304 out of 3007 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Komax Holding AG has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Komax Holding AG's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Komax Holding AG ranks #2304 out of 3007 companies for Altman Z-Score. This places Komax Holding AG in the lower half of its industry. The industry median Altman Z-Score is 3.32. Komax Holding AG's value of 1.87 is 43.7% below this benchmark. Historically, Komax Holding AG's own Altman Z-Score has ranged from 1.86 to 8.09 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 3.32, Komax Holding AG 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.32, based on 3,007 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. Komax Holding AG's current Altman Z-Score of 1.87 is 43.7% 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 Komax Holding AG and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komax Holding AG's current Altman Z-Score is 1.87, which is 55% below median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komax Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Komax Holding AG (CHIX:KOMNZ) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF113.04, compared to a current price of CHF45.50 — trading 59.7% below its estimated fair value. The current Altman Z-Score is 1.87, which is 55% below median its 10-year median of 4.20 and 43.7% below the Industrial Products industry median of 3.32. Komax Holding AG's overall GF Score™ is 69/100 with 5 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 Komax Holding AG (CHIX:KOMNZ), the current Altman Z-Score is 1.87 as of Jul. 14, 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 Komax Holding AG (CHIX:KOMNZ) Overvalued in 2026?
Based on GuruFocus' analysis, Komax Holding AG stock appears to be undervalued.
The current stock price of CHF45.50 is trading 59.7% below its estimated GF Value™ of CHF113.04.
GuruFocus considers Komax Holding AG to be Significantly Undervalued.
Key valuation signals for CHIX:KOMNZ:
Altman Z-Score: 1.87 (55% below median its 10-year median of 4.20)
GF Value™: CHF113.04 vs. price of CHF45.50 (59.7% below fair value)
Industry Position: 43.7% below the Industrial Products median (#2304 of 3007)
No single metric tells the full story. See the CHIX:KOMNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Komax Holding AG is engaged in offering its customers cutting-edge technical solutions for automated wire processing. Its business flows through four market segments. The core business is the automotive market segment, which accounts for the majority of the revenue. The other three segments are aerospace & railways and Industrial & Infrastructure market segments.
69GF Score
Get the complete analysis for CHIX:KOMNZ
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:KOMNZ has been successfully added to your 
