CVLLY (CellaVision AB) Altman Z-Score: 10.05 (As of Jun. 24, 2026) — 51% Below Median


CVLLY CellaVision AB CVLLY
69 GF Score
Price $7.06
GF Value $12.48
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is CellaVision AB Altman Z-Score?

CellaVision AB CVLLY +12.06% 69 Altman Z-Score is 10.05 as of Jun. 24, 2026, which is 51% below its 10-year median of 20.63. GuruFocus rates CVLLY with a GF Score™ of 69/100 and a GF Value™ of $12.48 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 809 Medical Devices & Instruments companies, CellaVision AB ranks better than 84.3% 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.

Good Sign:

Altman Z-score of 10.4 is strong.

CellaVision AB has a Altman Z-Score of 10.05, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 CellaVision AB's Altman Z-Score or its related term are showing as below:

CVLLY' s Altman Z-Score Range Over the Past 10 Years
Min: 10.4   Med: 20.63   Max: 57.95
Current: 10.4

During the past 13 years, CellaVision AB's highest Altman Z-Score was 57.95. The lowest was 10.40. And the median was 20.63.


CellaVision AB  (OTCPK:CVLLY) 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.


CellaVision AB Altman Z-Score Related Terms


CellaVision AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for CellaVision 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.

CellaVision AB Altman Z-Score Chart

CellaVision AB 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 19.08 15.66 16.99 18.51 13.63

CellaVision AB 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 13.36 13.30 12.64 13.63 11.49

CVLLY vs ABT, SYK, MDT: Altman Z-Score Comparison

For the Medical Devices subindustry, CellaVision 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.


CellaVision AB Altman Z-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, CellaVision AB's Altman Z-Score distribution charts can be found below:

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


CVLLY
69GF Score
CellaVision AB CVLLY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CellaVision AB 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.

CellaVision 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*0.3064+1.4*0+3.3*0.1541+0.6*14.228+1.0*0.6393
=10.05

* 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 $121.79 Mil.
Total Current Assets was $50.63 Mil.
Total Current Liabilities was $13.32 Mil.
Retained Earnings was $0.00 Mil.
Pre-Tax Income was 3.057 + 5.869 + 4.185 + 5.027 = $18.14 Mil.
Interest Expense was -0.049 + -0.102 + -0.042 + -0.433 = $-0.63 Mil.
Revenue was 17.862 + 21.22 + 18.739 + 20.038 = $77.86 Mil.
Market Cap (Today) was $336.76 Mil.
Total Liabilities was $23.67 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
=(50.627 - 13.315)/121.794
=0.3064

X2=Retained Earnings/Total Assets
=0/121.794
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(18.138 - -0.626)/121.794
=0.1541

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=336.762/23.669
=14.228

X5=Revenue/Total Assets
=77.859/121.794
=0.6393

The zones of discrimination were as such:

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

CellaVision AB has a Altman Z-Score of 10.05 indicating it is in Safe 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 10.05 mean?
CellaVision AB (CVLLY) has a Altman Z-Score of 10.05 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CellaVision AB and its competitors. This is 51% below median its historical median of 20.63. Over the past decade, CellaVision AB's Altman Z-Score has ranged from 10.40 to 57.95. According to the industry distribution chart, CellaVision AB ranks #127 out of 809 companies in the Medical Devices & Instruments industry, placing it in the top 15.7%.
Is CellaVision AB's Altman Z-Score too high?
CellaVision AB's current Altman Z-Score of 10.05 is 51% below median its 10-year median of 20.63. Over the past 10 years, this metric has ranged from a low of 10.40 to a high of 57.95. The Medical Devices & Instruments industry median Altman Z-Score is 2.90. CellaVision AB's value of 10.05 is 246.6% above this industry median. Based on the distribution chart, CellaVision AB ranks #127 out of 809 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, CellaVision AB has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CellaVision AB's Altman Z-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, CellaVision AB ranks #127 out of 809 companies for Altman Z-Score. This places CellaVision AB in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.90. CellaVision AB's value of 10.05 is 246.6% above this benchmark. Historically, CellaVision AB's own Altman Z-Score has ranged from 10.40 to 57.95 over the past decade. While the company's 10-year median is 20.63 vs. the industry median of 2.90, CellaVision AB has consistently been above 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 Medical Devices & Instruments company?
The median Altman Z-Score among Medical Devices & Instruments companies is 2.90, based on 809 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. CellaVision AB's current Altman Z-Score of 10.05 is 246.6% above 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 CellaVision AB and its competitors. For the Medical Devices & Instruments industry, the median Altman Z-Score is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CellaVision AB's current Altman Z-Score is 10.05, which is 51% below median its own 10-year median of 20.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CellaVision AB stock overvalued right now?
Based on GuruFocus' analysis, CellaVision AB (CVLLY) is currently considered Significantly Undervalued. The stock's GF Value™ is $12.48, compared to a current price of $7.06 — trading 43.4% below its estimated fair value. The current Altman Z-Score is 10.05, which is 51% below median its 10-year median of 20.63 and 246.6% above the Medical Devices & Instruments industry median of 2.90. CellaVision AB's overall GF Score™ is 69/100 with 1 warning sign 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 CellaVision AB (CVLLY), the current Altman Z-Score is 10.05 as of Jun. 24, 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 CellaVision AB (CVLLY) Overvalued in 2026?

Based on GuruFocus' analysis, CellaVision AB stock appears to be undervalued. The current stock price of $7.06 is trading 43.4% below its estimated GF Value™ of $12.48. GuruFocus considers CellaVision AB to be Significantly Undervalued.

Key valuation signals for CVLLY:

  • Altman Z-Score: 10.05 (51% below median its 10-year median of 20.63)
  • GF Value™: $12.48 vs. price of $7.06 (43.4% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 246.6% above the Medical Devices & Instruments median (#127 of 809)

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


CellaVision AB Business Description

Address Mobilvagen 12, Lund, SWE, 22362
CellaVision AB is engaged in developing and selling instruments, software, and reagents for blood and body fluid analysis. The company automates parts of the sample preparation process and replaces manual microscopes with instruments based on digital image analysis technology and artificial intelligence. The solutions contribute to more effective workflows and higher quality in laboratory medicine. The product offer consists of products and solutions for standardized laboratory diagnostics and improved performance for cellular image processing and systems for digital microscopy in hematology, consisting of reagents, instruments, and supplementary software and peripheral equipment.
69GF Score

Get the complete analysis for CVLLY

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

$7.06
Price
$12.48
GF Value