Emerald Resources NLEOGSF -2.90%61 Altman Z-Score is 26.66 as of Jun. 24, 2026, which is 54% above its 10-year median of 17.27. GuruFocus rates EOGSF with a GF Score™ of 61/100 and a GF Value™ of $3.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 790 Metals & Mining companies, Emerald Resources NL ranks better than 92.78% 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 25.54 is strong.
Emerald Resources NL has a Altman Z-Score of 26.66, 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 Emerald Resources NL's Altman Z-Score or its related term are showing as below:
EOGSF'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.95 Med: 17.27 Max: 89.02
Current: 25.54
During the past 13 years, Emerald Resources NL's highest Altman Z-Score was 89.02. The lowest was 2.95. And the median was 17.27.
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.
Emerald Resources NL Altman Z-Score Related Terms
Emerald Resources NL Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Emerald Resources NL'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.
For the Gold subindustry, Emerald Resources NL'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.
Emerald Resources NL Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Emerald Resources NL's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Emerald Resources NL'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.
Emerald Resources NL'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
*
0.2358
+
1.4
*
0.2417
+
3.3
*
0.2174
+
0.6
*
41.2467
+
1.0
*
0.5692
=
26.66
* 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.
Emerald Resources NL (EOGSF) has a Altman Z-Score of 26.66 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Emerald Resources NL and its competitors. This is 54% above median its historical median of 17.27. Over the past decade, Emerald Resources NL's Altman Z-Score has ranged from 2.95 to 89.02. According to the industry distribution chart, Emerald Resources NL ranks #57 out of 790 companies in the Metals & Mining industry, placing it in the top 7.2%.
Is Emerald Resources NL's Altman Z-Score too high?
Emerald Resources NL's current Altman Z-Score of 26.66 is 54% above median its 10-year median of 17.27. Over the past 10 years, this metric has ranged from a low of 2.95 to a high of 89.02. The Metals & Mining industry median Altman Z-Score is 3.45. Emerald Resources NL's value of 26.66 is 673.9% above this industry median. Based on the distribution chart, Emerald Resources NL ranks #57 out of 790 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Emerald Resources NL has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerald Resources NL's Altman Z-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Emerald Resources NL ranks #57 out of 790 companies for Altman Z-Score. This places Emerald Resources NL in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.45. Emerald Resources NL's value of 26.66 is 673.9% above this benchmark. Historically, Emerald Resources NL's own Altman Z-Score has ranged from 2.95 to 89.02 over the past decade. While the company's 10-year median is 17.27 vs. the industry median of 3.45, Emerald Resources NL 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 3.45, based on 790 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. Emerald Resources NL's current Altman Z-Score of 26.66 is 673.9% 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 Emerald Resources NL and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Resources NL's current Altman Z-Score is 26.66, which is 54% above median its own 10-year median of 17.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Resources NL stock overvalued right now?
Based on GuruFocus' analysis, Emerald Resources NL (EOGSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.08, compared to a current price of $4.18 — trading 35.7% above its estimated fair value. The current Altman Z-Score is 26.66, which is 54% above median its 10-year median of 17.27 and 673.9% above the Metals & Mining industry median of 3.45. Emerald Resources NL's overall GF Score™ is 61/100 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 Emerald Resources NL (EOGSF), the current Altman Z-Score is 26.66 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 Emerald Resources NL (EOGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Emerald Resources NL stock appears to be overvalued.
The current stock price of $4.18 is trading 35.7% above its estimated GF Value™ of $3.08.
GuruFocus considers Emerald Resources NL to be Significantly Overvalued.
Key valuation signals for EOGSF:
Altman Z-Score: 26.66 (54% above median its 10-year median of 17.27)
GF Value™: $3.08 vs. price of $4.18 (35.7% above fair value)
Industry Position: 673.9% above the Metals & Mining median (#57 of 790)
No single metric tells the full story. See the EOGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerald Resources NL is engaged in mineral exploration primarily in Cambodia and advancing the company's Okvau Gold Project. The company's operating segments include Mine Operations, Exploration, and Others. Its geographical segments include Cambodia, and Western Australia, The company's project includes the Cambodia Gold project and the Magoffin County project.
61GF Score
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