4D Molecular TherapeuticsFDMT -1.08%55 Altman Z-Score is 3.74 as of Jun. 25, 2026, which is 63% below its 10-year median of 10.11. GuruFocus rates FDMT with a GF Score™ of 55/100 and a GF Value™ of $214.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 935 Biotechnology companies, 4D Molecular Therapeutics ranks better than 56.9% 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 3.81 is strong.
4D Molecular Therapeutics has a Altman Z-Score of 3.74, 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 4D Molecular Therapeutics's Altman Z-Score or its related term are showing as below:
FDMT'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.72 Med: 10.11 Max: 32.83
Current: 3.81
During the past 9 years, 4D Molecular Therapeutics's highest Altman Z-Score was 32.83. The lowest was -0.72. And the median was 10.11.
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.
* 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.
FDMT vs KYTX, XOMA, OVID: Altman Z-Score Comparison
For the Biotechnology subindustry, 4D Molecular Therapeutics'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.
4D Molecular Therapeutics Altman Z-Score vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, 4D Molecular Therapeutics's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where 4D Molecular Therapeutics'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.
* 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.
4D Molecular Therapeutics (FDMT) has a Altman Z-Score of 3.74 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on 4D Molecular Therapeutics and its competitors. This is 63% below median its historical median of 10.11. According to the industry distribution chart, 4D Molecular Therapeutics ranks #403 out of 935 companies in the Biotechnology industry, placing it in the top 43.1%.
Is 4D Molecular Therapeutics' Altman Z-Score too high?
4D Molecular Therapeutics' current Altman Z-Score of 3.74 is 63% below median its 10-year median of 10.11. The Biotechnology industry median Altman Z-Score is 2.61. 4D Molecular Therapeutics' value of 3.74 is 43.3% above this industry median. Based on the distribution chart, 4D Molecular Therapeutics ranks #403 out of 935 companies in the Biotechnology industry, which is above the industry midpoint. Overall, 4D Molecular Therapeutics has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does 4D Molecular Therapeutics' Altman Z-Score compare to KYTX and XOMA?
According to the Biotechnology industry distribution chart, 4D Molecular Therapeutics ranks #403 out of 935 companies for Altman Z-Score. This puts 4D Molecular Therapeutics in the upper half of its industry. The industry median Altman Z-Score is 2.61. 4D Molecular Therapeutics' value of 3.74 is 43.3% above this benchmark. While the company's 10-year median is 10.11 vs. the industry median of 2.61, 4D Molecular Therapeutics 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.61, based on 935 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. 4D Molecular Therapeutics's current Altman Z-Score of 3.74 is 43.3% 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 4D Molecular Therapeutics and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 4D Molecular Therapeutics's current Altman Z-Score is 3.74, which is 63% below median its own 10-year median of 10.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 4D Molecular Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, 4D Molecular Therapeutics (FDMT) is currently considered Possible Value Trap. The stock's GF Value™ is $214.38, compared to a current price of $11.50 — trading 94.6% below its estimated fair value. The current Altman Z-Score is 3.74, which is 63% below median its 10-year median of 10.11 and 43.3% above the Biotechnology industry median of 2.61. 4D Molecular Therapeutics' overall GF Score™ is 55/100 with 7 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 4D Molecular Therapeutics (FDMT), the current Altman Z-Score is 3.74 as of Jun. 25, 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 4D Molecular Therapeutics (FDMT) Overvalued in 2026?
Based on GuruFocus' analysis, 4D Molecular Therapeutics stock appears to be undervalued.
The current stock price of $11.50 is trading 94.6% below its estimated GF Value™ of $214.38.
GuruFocus considers 4D Molecular Therapeutics to be Possible Value Trap.
Key valuation signals for FDMT:
Altman Z-Score: 3.74 (63% below median its 10-year median of 10.11)
GF Value™: $214.38 vs. price of $11.50 (94.6% below fair value)
Industry Position: 43.3% above the Biotechnology median (#403 of 935)
No single metric tells the full story. See the FDMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
4D Molecular Therapeutics Inc is biotechnology company advancing durable and disease-targeted therapeutics with potential to transform treatment paradigms and provide unprecedented benefits to patients. Companies focus is on advancing 4D-150 for wet age-related macular degeneration (wet AMD) and diabetic macular edema (DME) through late-stage studies. It has built a portfolio of gene therapy product candidates focused on three therapeutic areas: Ophthalmology (intravitreal vector) includes 4D-150, 4D-710 and 4D-175; Cardiology (intravenous vector) includes 4D-710, 4D-725, and Pulmonology (aerosol vector).
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