Kanamic Network CoFRA:0WT 95 Altman Z-Score is 9.96 as of Jun. 30, 2026, which is 51% below its 10-year median of 20.29. GuruFocus rates FRA:0WT with a GF Score™ of 95/100 and a GF Value™ of €3.37. The stock has 3 warning signs investors should review. Among 658 Healthcare Providers & Services companies, Kanamic Network Co ranks better than 90.27% 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 9.92 is strong.
Kanamic Network Co has a Altman Z-Score of 9.96, 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 Kanamic Network Co's Altman Z-Score or its related term are showing as below:
FRA:0WT'
s Altman Z-Score Range Over the Past 10 Years
Min: 5.83 Med: 20.29 Max: 100.98
Current: 9.92
During the past 11 years, Kanamic Network Co's highest Altman Z-Score was 100.98. The lowest was 5.83. And the median was 20.29.
Kanamic Network Co (FRA:0WT) 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.
Altman Z-Score does not apply to financial companies.
Kanamic Network Co Altman Z-Score Related Terms
Kanamic Network Co Altman Z-Score Historical Data
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The historical data trend for Kanamic Network Co'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.
FRA:0WT vs VEEV, BTSG, TEM: Altman Z-Score Comparison
For the Health Information Services subindustry, Kanamic Network Co'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.
Kanamic Network Co Altman Z-Score vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Kanamic Network Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Kanamic Network Co'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.
Kanamic Network Co'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
*
0.3613
+
1.4
*
0.7167
+
3.3
*
0.2757
+
0.6
*
11.2068
+
1.0
*
0.8849
=
9.96
* 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.
Kanamic Network Co (FRA:0WT) has a Altman Z-Score of 9.96 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kanamic Network Co and its competitors. This is 51% below median its historical median of 20.29. Over the past decade, Kanamic Network Co's Altman Z-Score has ranged from 5.83 to 100.98. According to the industry distribution chart, Kanamic Network Co ranks #64 out of 658 companies in the Healthcare Providers & Services industry, placing it in the top 9.7%.
Is Kanamic Network Co's Altman Z-Score too high?
Kanamic Network Co's current Altman Z-Score of 9.96 is 51% below median its 10-year median of 20.29. Over the past 10 years, this metric has ranged from a low of 5.83 to a high of 100.98. The Healthcare Providers & Services industry median Altman Z-Score is 2.37. Kanamic Network Co's value of 9.96 is 320.3% above this industry median. Based on the distribution chart, Kanamic Network Co ranks #64 out of 658 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Kanamic Network Co has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Kanamic Network Co's Altman Z-Score compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Kanamic Network Co ranks #64 out of 658 companies for Altman Z-Score. This places Kanamic Network Co in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.37. Kanamic Network Co's value of 9.96 is 320.3% above this benchmark. Historically, Kanamic Network Co's own Altman Z-Score has ranged from 5.83 to 100.98 over the past decade. While the company's 10-year median is 20.29 vs. the industry median of 2.37, Kanamic Network Co 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.37, based on 658 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. Kanamic Network Co's current Altman Z-Score of 9.96 is 320.3% 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 Kanamic Network Co and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanamic Network Co's current Altman Z-Score is 9.96, which is 51% below median its own 10-year median of 20.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanamic Network Co stock overvalued right now?
Kanamic Network Co (FRA:0WT) has a current Altman Z-Score of 9.96. The stock's GF Value™ is €3.37, compared to a current price of €2.52 — trading 25.2% below its estimated fair value. The current Altman Z-Score is 9.96, which is 51% below median its 10-year median of 20.29 and 320.3% above the Healthcare Providers & Services industry median of 2.37. Kanamic Network Co's overall GF Score™ is 95/100 with 3 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 Kanamic Network Co (FRA:0WT), the current Altman Z-Score is 9.96 as of Jun. 30, 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 Kanamic Network Co (FRA:0WT) Overvalued in 2026?
Based on GuruFocus' analysis, Kanamic Network Co stock appears to be undervalued.
The current stock price of €2.52 is trading 25.2% below its estimated GF Value™ of €3.37.
Key valuation signals for FRA:0WT:
Altman Z-Score: 9.96 (51% below median its 10-year median of 20.29)
GF Value™: €3.37 vs. price of €2.52 (25.2% below fair value)
Industry Position: 320.3% above the Healthcare Providers & Services median (#64 of 658)
No single metric tells the full story. See the FRA:0WT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanamic Network Co Ltd provides platforms and management systems for the health care industry. The firm develops software to support medical care and nursing care business management. It offers cloud services for construction of information sharing platform in the medical and nursing care field to local government staff, doctors, nurses, care managers; system integration and system solution business; Website production/management work; and planning, production, and sale of Web content and video, and various sales promotion tools. In addition, it offers management and system consulting services, and education and training services; and engages in planning and holding lectures, seminars, academic conferences.
95GF Score
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