ELMTF (Element 25) Altman Z-Score: 3.85 (As of Jun. 28, 2026) — 40% Below Median


ELMTF Element 25 Ltd ELMTF
35 GF Score
Price $0.16
GF Value $0.02
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Element 25 Altman Z-Score?

Element 25 ELMTF 35 Altman Z-Score is 3.85 as of Jun. 28, 2026, which is 40% below its 10-year median of 6.38. GuruFocus rates ELMTF with a GF Score™ of 35/100 and a GF Value™ of $0.02 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 787 Metals & Mining companies, Element 25 ranks better than 51.97% 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 3.5 is strong.

Element 25 has a Altman Z-Score of 3.85, 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 Element 25's Altman Z-Score or its related term are showing as below:

ELMTF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.15   Med: 6.38   Max: 43.01
Current: 3.5

During the past 13 years, Element 25's highest Altman Z-Score was 43.01. The lowest was 1.15. And the median was 6.38.


Element 25  (OTCPK:ELMTF) 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.


Element 25 Altman Z-Score Related Terms


Element 25 Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Element 25'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.

Element 25 Altman Z-Score Chart

Element 25 Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.47 4.02 1.15 2.21

Element 25 Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 1.15 0.00 2.21 0.00

Element 25 Altman Z-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Element 25'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.


Element 25 Altman Z-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Element 25's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Element 25's Altman Z-Score falls into.


ELMTF
35GF Score
Element 25 Ltd ELMTF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Element 25 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.

Element 25'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*0.0723+1.4*-1.4552+3.3*-0.0937+0.6*10.1242+1.0*0.0303
=3.85

* 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 Jun. 2025:
Total Assets was $40.52 Mil.
Total Current Assets was $6.42 Mil.
Total Current Liabilities was $3.49 Mil.
Retained Earnings was $-58.96 Mil.
Pre-Tax Income was $-3.82 Mil.
Interest Expense was $-0.03 Mil.
Revenue was $1.23 Mil.
Market Cap (Today) was $47.21 Mil.
Total Liabilities was $4.66 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
=(6.423 - 3.493)/40.517
=0.0723

X2=Retained Earnings/Total Assets
=-58.959/40.517
=-1.4552

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.82 - -0.025)/40.517
=-0.0937

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=47.209/4.663
=10.1242

X5=Revenue/Total Assets
=1.226/40.517
=0.0303

The zones of discrimination were as such:

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

Element 25 has a Altman Z-Score of 3.85 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 3.85 mean?
Element 25 (ELMTF) has a Altman Z-Score of 3.85 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Element 25 and its competitors. This is 40% below median its historical median of 6.38. Over the past decade, Element 25's Altman Z-Score has ranged from 1.15 to 43.01. According to the industry distribution chart, Element 25 ranks #378 out of 787 companies in the Metals & Mining industry, placing it in the top 48%.
Is Element 25's Altman Z-Score too high?
Element 25's current Altman Z-Score of 3.85 is 40% below median its 10-year median of 6.38. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 43.01. The Metals & Mining industry median Altman Z-Score is 3.36. Element 25's value of 3.85 is 14.6% above this industry median. Based on the distribution chart, Element 25 ranks #378 out of 787 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Element 25 has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Element 25's Altman Z-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Element 25 ranks #378 out of 787 companies for Altman Z-Score. This puts Element 25 in the upper half of its industry. The industry median Altman Z-Score is 3.36. Element 25's value of 3.85 is 14.6% above this benchmark. Historically, Element 25's own Altman Z-Score has ranged from 1.15 to 43.01 over the past decade. While the company's 10-year median is 6.38 vs. the industry median of 3.36, Element 25 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.36, based on 787 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. Element 25's current Altman Z-Score of 3.85 is 14.6% 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 Element 25 and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Element 25's current Altman Z-Score is 3.85, which is 40% below median its own 10-year median of 6.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element 25 stock overvalued right now?
Based on GuruFocus' analysis, Element 25 (ELMTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.02, compared to a current price of $0.16 — trading 713.8% above its estimated fair value. The current Altman Z-Score is 3.85, which is 40% below median its 10-year median of 6.38 and 14.6% above the Metals & Mining industry median of 3.36. Element 25's overall GF Score™ is 35/100 with 4 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 Element 25 (ELMTF), the current Altman Z-Score is 3.85 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 Element 25 (ELMTF) Overvalued in 2026?

Based on GuruFocus' analysis, Element 25 stock appears to be overvalued. The current stock price of $0.16 is trading 713.8% above its estimated GF Value™ of $0.02. GuruFocus considers Element 25 to be Significantly Overvalued.

Key valuation signals for ELMTF:

  • Altman Z-Score: 3.85 (40% below median its 10-year median of 6.38)
  • GF Value™: $0.02 vs. price of $0.16 (713.8% above fair value)
  • GF Score™: 35/100 with 4 warning signs
  • Industry Position: 14.6% above the Metals & Mining median (#378 of 787)

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


Element 25 Business Description

Other Exchanges QFP:GermanyE25:Australia
Address 355 Scarborough Beach Road, Level 1, Building B, Garden Office Park, Osborne Park, WA, AUS, 6017
Element 25 Ltd is the operator of the Butcherbird Manganese Project. It predominantly generates revenue from the sales of manganese ore to customers. Geographically, the group has its presence in Australia.
35GF Score

Get the complete analysis for ELMTF

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

$0.16
Price
$0.02
GF Value