Syndax Pharmaceuticals (FRA:1T3) Altman Z-Score: -1.85 (As of Jul. 04, 2026)


FRA:1T3 Syndax Pharmaceuticals Inc FRA:1T3
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What is Syndax Pharmaceuticals Altman Z-Score?

Syndax Pharmaceuticals FRA:1T3 +4.37% 25 Altman Z-Score is -1.85 as of Jul. 04, 2026. GuruFocus rates FRA:1T3 with a GF Score™ of 25/100. The stock has 7 warning signs investors should review. Among 929 Biotechnology companies, Syndax Pharmaceuticals ranks worse than 75.46% 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 -1.9 is in distress zone. This implies bankruptcy possibility in the next two years.

Syndax Pharmaceuticals has a Altman Z-Score of -1.85, 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 Syndax Pharmaceuticals's Altman Z-Score or its related term are showing as below:

FRA:1T3' s Altman Z-Score Range Over the Past 10 Years
Min: -8.5   Med: 1   Max: 38.99
Current: -1.9

During the past 13 years, Syndax Pharmaceuticals's highest Altman Z-Score was 38.99. The lowest was -8.50. And the median was 1.00.


Syndax Pharmaceuticals  (FRA:1T3) 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.


Syndax Pharmaceuticals Altman Z-Score Related Terms


Syndax Pharmaceuticals Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Syndax Pharmaceuticals'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.

Syndax Pharmaceuticals Altman Z-Score Chart

Syndax Pharmaceuticals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.45 0.00 0.00 -1.37 -1.93

Syndax Pharmaceuticals 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 -2.08 -2.90 -2.40 -1.93 -1.71

FRA:1T3 vs IOVA, GLUE, TYRA: Altman Z-Score Comparison

For the Biotechnology subindustry, Syndax Pharmaceuticals'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.


Syndax Pharmaceuticals Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Syndax Pharmaceuticals's Altman Z-Score distribution charts can be found below:

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


FRA:1T3
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Syndax Pharmaceuticals Inc FRA:1T3
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Syndax Pharmaceuticals 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.

Syndax Pharmaceuticals'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*0.8145+1.4*-3.2777+3.3*-0.4322+0.6*4.5536+1.0*0.4569
=-1.85

* 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 Mar. 2026:
Total Assets was €408.9 Mil.
Total Current Assets was €407.6 Mil.
Total Current Liabilities was €74.5 Mil.
Retained Earnings was €-1,340.1 Mil.
Pre-Tax Income was -36.912 + -58.084 + -51.729 + -62.291 = €-209.0 Mil.
Interest Expense was -10.247 + -8.192 + -7.057 + -6.813 = €-32.3 Mil.
Revenue was 56.107 + 58.694 + 39.082 + 32.91 = €186.8 Mil.
Market Cap (Today) was €1,697.8 Mil.
Total Liabilities was €372.9 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
=(407.568 - 74.541)/408.858
=0.8145

X2=Retained Earnings/Total Assets
=-1340.104/408.858
=-3.2777

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-209.016 - -32.309)/408.858
=-0.4322

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1697.814/372.855
=4.5536

X5=Revenue/Total Assets
=186.793/408.858
=0.4569

The zones of discrimination were as such:

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

Syndax Pharmaceuticals has a Altman Z-Score of -1.85 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 -1.85 mean?
Syndax Pharmaceuticals (FRA:1T3) has a Altman Z-Score of -1.85 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Syndax Pharmaceuticals and its competitors. According to the industry distribution chart, Syndax Pharmaceuticals ranks #701 out of 929 companies in the Biotechnology industry, placing it in the top 75.5%.
Is Syndax Pharmaceuticals' Altman Z-Score too high?
Syndax Pharmaceuticals' current Altman Z-Score is -1.85. Based on the distribution chart, Syndax Pharmaceuticals ranks #701 out of 929 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Syndax Pharmaceuticals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Syndax Pharmaceuticals' Altman Z-Score compare to IOVA and GLUE?
According to the Biotechnology industry distribution chart, Syndax Pharmaceuticals ranks #701 out of 929 companies for Altman Z-Score. This places Syndax Pharmaceuticals in the lower half of its industry. The industry median Altman Z-Score is 2.61. 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 929 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 Syndax Pharmaceuticals 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. Syndax Pharmaceuticals's current Altman Z-Score is -1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syndax Pharmaceuticals stock overvalued right now?
Syndax Pharmaceuticals (FRA:1T3) has a current Altman Z-Score of -1.85. The current Altman Z-Score is -1.85. Syndax Pharmaceuticals' overall GF Score™ is 25/100 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 Syndax Pharmaceuticals (FRA:1T3), the current Altman Z-Score is -1.85 as of Jul. 04, 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.

Syndax Pharmaceuticals Business Description

Other Exchanges SNDX:USA1T3:Germany
Address 730 Third Avenue, 9th Floor, New York, NY, USA, 10017
Syndax Pharmaceuticals Inc is a clinical-stage biopharmaceutical company focused on developing a pipeline of combination therapies in multiple cancer indications. Its product candidates include revumenib and axatilimab. It is developing revumenib, a selective menin-MLL inhibitor for KMT2A-rearranged (MLL-r) and NPM1-mutant acute leukemias, including ALL and AML. It is also developing axatilimab, a CSF-1R-blocking antibody for cGVHD and idiopathic pulmonary fibrosis. Entinostat is its oral, small molecule product candidate that has direct effects on both cancer cells and immune regulatory cells. The business activity of the group is functioned through the region of the United States.
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