CVOSF (Coveo Solutions) Altman Z-Score: -2.71 (As of Jun. 24, 2026)


CVOSF Coveo Solutions Inc CVOSF
54 GF Score
Price $2.93
GF Value $6.46
Valuation Possible Value Trap
! 2 Warning Signs
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What is Coveo Solutions Altman Z-Score?

Coveo Solutions CVOSF 54 Altman Z-Score is -2.71 as of Jun. 24, 2026. GuruFocus rates CVOSF with a GF Score™ of 54/100 and a GF Value™ of $6.46 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,763 Software companies, Coveo Solutions ranks worse than 89.14% 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 -2.63 is in distress zone. This implies bankruptcy possibility in the next two years.

Coveo Solutions has a Altman Z-Score of -2.71, 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 Coveo Solutions's Altman Z-Score or its related term are showing as below:

CVOSF' s Altman Z-Score Range Over the Past 10 Years
Min: -2.65   Med: 1.7   Max: 6.35
Current: -2.63

During the past 8 years, Coveo Solutions's highest Altman Z-Score was 6.35. The lowest was -2.65. And the median was 1.70.


Coveo Solutions  (OTCPK:CVOSF) 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.


Coveo Solutions Altman Z-Score Related Terms


Coveo Solutions Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Coveo Solutions'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.

Coveo Solutions Altman Z-Score Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 6.35 1.70 2.20 -1.21 -2.65

Coveo Solutions 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 -1.21 -0.43 -0.31 -1.83 -2.65

CVOSF vs MSFT, ORCL, PLTR: Altman Z-Score Comparison

For the Software - Infrastructure subindustry, Coveo Solutions'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.


Coveo Solutions Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Coveo Solutions's Altman Z-Score distribution charts can be found below:

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


CVOSF
54GF Score
Coveo Solutions Inc CVOSF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coveo Solutions 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.

Coveo Solutions'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*0.2108+1.4*-3.2786+3.3*-0.1273+0.6*2.2593+1.0*0.6965
=-2.71

* 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 $213.0 Mil.
Total Current Assets was $152.6 Mil.
Total Current Liabilities was $107.7 Mil.
Retained Earnings was $-698.2 Mil.
Pre-Tax Income was -1.668 + -6.661 + -3.666 + -15.122 = $-27.1 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.0 Mil.
Revenue was 37.438 + 38.019 + 37.337 + 35.545 = $148.3 Mil.
Market Cap (Today) was $273.4 Mil.
Total Liabilities was $121.0 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
=(152.559 - 107.67)/212.966
=0.2108

X2=Retained Earnings/Total Assets
=-698.23/212.966
=-3.2786

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-27.117 - 0)/212.966
=-0.1273

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=273.352/120.99
=2.2593

X5=Revenue/Total Assets
=148.339/212.966
=0.6965

The zones of discrimination were as such:

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

Coveo Solutions has a Altman Z-Score of -2.71 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 -2.71 mean?
Coveo Solutions (CVOSF) has a Altman Z-Score of -2.71 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Coveo Solutions and its competitors. According to the industry distribution chart, Coveo Solutions ranks #2463 out of 2763 companies in the Software industry, placing it in the top 89.1%.
Is Coveo Solutions' Altman Z-Score too high?
Coveo Solutions' current Altman Z-Score is -2.71. Based on the distribution chart, Coveo Solutions ranks #2463 out of 2763 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Coveo Solutions has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Coveo Solutions' Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Coveo Solutions ranks #2463 out of 2763 companies for Altman Z-Score. This places Coveo Solutions in the lower half of its industry. The industry median Altman Z-Score is 3.13. 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 Software company?
The median Altman Z-Score among Software companies is 3.13, based on 2,763 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. 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 Coveo Solutions and its competitors. For the Software industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coveo Solutions's current Altman Z-Score is -2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coveo Solutions stock overvalued right now?
Based on GuruFocus' analysis, Coveo Solutions (CVOSF) is currently considered Possible Value Trap. The stock's GF Value™ is $6.46, compared to a current price of $2.93 — trading 54.7% below its estimated fair value. The current Altman Z-Score is -2.71. Coveo Solutions' overall GF Score™ is 54/100 with 2 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 Coveo Solutions (CVOSF), the current Altman Z-Score is -2.71 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 Coveo Solutions (CVOSF) Overvalued in 2026?

Based on GuruFocus' analysis, Coveo Solutions stock appears to be undervalued. The current stock price of $2.93 is trading 54.7% below its estimated GF Value™ of $6.46. GuruFocus considers Coveo Solutions to be Possible Value Trap.

Key valuation signals for CVOSF:

  • Altman Z-Score: -2.71
  • GF Value™: $6.46 vs. price of $2.93 (54.7% below fair value)
  • GF Score™: 54/100 with 2 warning signs

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


Coveo Solutions Business Description

Other Exchanges I94:GermanyCVO:Canada
Address 1100 avenue des Canadiens-de-Montreal, Suite 401, Montreal, QC, CAN, H3B 2S2
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The Company's Software as a Service ("SaaS") AI platform and suite of AI models and products are designed to bring AI-Relevance across commerce, service, website, and workplace applications. Geographically, the company generates maximum revenue from the United States, followed by Canada, and other regions.
54GF Score

Get the complete analysis for CVOSF

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

$2.93
Price
$6.46
GF Value