CTTMF (Catena Media) Altman Z-Score: 1.76 (As of Jun. 28, 2026) — Near Median


CTTMF Catena Media PLC CTTMF
72 GF Score
Price $0.20
GF Value $0.29
! 8 Warning Signs
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What is Catena Media Altman Z-Score?

Catena Media CTTMF 72 Altman Z-Score is 1.76 as of Jun. 28, 2026, which is 6% below its 10-year median of 1.88. GuruFocus rates CTTMF with a GF Score™ of 72/100 and a GF Value™ of $0.29. The stock has 8 warning signs investors should review. Among 550 Interactive Media companies, Catena Media ranks worse than 64.18% 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 1.85 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.

Catena Media has a Altman Z-Score of 1.76, 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 Catena Media's Altman Z-Score or its related term are showing as below:

CTTMF' s Altman Z-Score Range Over the Past 10 Years
Min: -0.84   Med: 1.88   Max: 9.39
Current: 1.85

During the past 12 years, Catena Media's highest Altman Z-Score was 9.39. The lowest was -0.84. And the median was 1.88.


Catena Media  (OTCPK:CTTMF) 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.


Catena Media Altman Z-Score Related Terms


Catena Media Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Catena Media'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.

Catena Media Altman Z-Score Chart

Catena Media 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 2.12 1.93 0.93 -0.41 0.92

Catena Media Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.75 0.93 1.18 0.92 1.55

CTTMF vs GOOGL, META, SPOT: Altman Z-Score Comparison

For the Internet Content & Information subindustry, Catena Media'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.


Catena Media Altman Z-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Catena Media's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Catena Media's Altman Z-Score falls into.


CTTMF
72GF Score
Catena Media PLC CTTMF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Catena Media 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.

Catena Media'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*0.1493+1.4*-0.4374+3.3*-0.0612+0.6*3.3128+1.0*0.4083
=1.76

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $140.11 Mil.
Total Current Assets was $26.96 Mil.
Total Current Liabilities was $6.03 Mil.
Retained Earnings was $-61.28 Mil.
Pre-Tax Income was 2.101 + 4.789 + -17.055 + 1.12 = $-9.05 Mil.
Interest Expense was 0 + -0.027 + -0.031 + -0.408 = $-0.47 Mil.
Revenue was 14.273 + 18.213 + 13.673 + 11.052 = $57.21 Mil.
Market Cap (Today) was $19.98 Mil.
Total Liabilities was $6.03 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
=(26.955 - 6.032)/140.111
=0.1493

X2=Retained Earnings/Total Assets
=-61.283/140.111
=-0.4374

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-9.045 - -0.466)/140.111
=-0.0612

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=19.983/6.032
=3.3128

X5=Revenue/Total Assets
=57.211/140.111
=0.4083

The zones of discrimination were as such:

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

Catena Media has a Altman Z-Score of 1.76 indicating it is in Distress 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 1.76 mean?
Catena Media (CTTMF) has a Altman Z-Score of 1.76 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Catena Media and its competitors. This is near median its historical median of 1.88. According to the industry distribution chart, Catena Media ranks #353 out of 550 companies in the Interactive Media industry, placing it in the top 64.2%.
Is Catena Media's Altman Z-Score too high?
Catena Media's current Altman Z-Score of 1.76 is near median its 10-year median of 1.88. The Interactive Media industry median Altman Z-Score is 3.00. Catena Media's value of 1.76 is 41.2% below this industry median. Based on the distribution chart, Catena Media ranks #353 out of 550 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Catena Media has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Catena Media's Altman Z-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Catena Media ranks #353 out of 550 companies for Altman Z-Score. This places Catena Media in the lower half of its industry. The industry median Altman Z-Score is 3.00. Catena Media's value of 1.76 is 41.2% below this benchmark. While the company's 10-year median is 1.88 vs. the industry median of 3.00, Catena Media 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 Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.00, based on 550 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. Catena Media's current Altman Z-Score of 1.76 is 41.2% 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 Catena Media and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Catena Media's current Altman Z-Score is 1.76, which is near median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Catena Media stock overvalued right now?
Catena Media (CTTMF) has a current Altman Z-Score of 1.76. The stock's GF Value™ is $0.29, compared to a current price of $0.20 — trading 32.8% below its estimated fair value. The current Altman Z-Score is 1.76, which is near median its 10-year median of 1.88 and 41.2% below the Interactive Media industry median of 3.00. Catena Media's overall GF Score™ is 72/100 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 Catena Media (CTTMF), the current Altman Z-Score is 1.76 as of Jun. 28, 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 Catena Media (CTTMF) Overvalued in 2026?

Based on GuruFocus' analysis, Catena Media stock appears to be undervalued. The current stock price of $0.20 is trading 32.8% below its estimated GF Value™ of $0.29.

Key valuation signals for CTTMF:

  • Altman Z-Score: 1.76 (near median its 10-year median of 1.88)
  • GF Value™: $0.29 vs. price of $0.20 (32.8% below fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 41.2% below the Interactive Media median (#353 of 550)

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


Catena Media Business Description

Other Exchanges CTM:Sweden0RUE:UK
Address Quantum Place, Triq ix-Xatt, Ta’ Xbiex, Gzira, MLT, GZR 1052
Catena Media PLC is a European company engaged in performance marketing and lead generation on the Internet. Catena Media is active within the iGaming and Financial Services industries. The group operates in the following segments: Casino and Sports. The group attracts end-users and generates revenue by using three primary online marketing methodologies, namely, Generating organic traffic by search engine optimization (SEO), including acquisitions; Paid media by using pay-per-click (PPC) media channels; and Providing website users a slimmed-down version of content through subscriptions.
72GF Score

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

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