Europris ASAFRA:2RG -0.25%84 Altman Z-Score is 3.28 as of Jun. 26, 2026, which is 6% above its 10-year median of 3.09. GuruFocus rates FRA:2RG with a GF Score™ of 84/100 and a GF Value™ of €9.72 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 307 Retail - Defensive companies, Europris ASA ranks worse than 54.72% 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 3.33 is strong.
Europris ASA has a Altman Z-Score of 3.28, 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 Europris ASA's Altman Z-Score or its related term are showing as below:
FRA:2RG'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.6 Med: 3.09 Max: 3.84
Current: 3.33
During the past 13 years, Europris ASA's highest Altman Z-Score was 3.84. The lowest was 1.60. And the median was 3.09.
Europris ASA (FRA:2RG) 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.
Europris ASA Altman Z-Score Related Terms
Europris ASA Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Europris ASA'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:2RG vs WMT, COST, TGT: Altman Z-Score Comparison
For the Discount Stores subindustry, Europris ASA'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.
Europris ASA Altman Z-Score vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Europris ASA'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.
Europris ASA'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
*
0.0582
+
1.4
*
0.3324
+
3.3
*
0.1136
+
0.6
*
1.9121
+
1.0
*
1.2244
=
3.28
* 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.
Europris ASA (FRA:2RG) has a Altman Z-Score of 3.28 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Europris ASA and its competitors. This is near median its historical median of 3.09. Over the past decade, Europris ASA's Altman Z-Score has ranged from 1.60 to 3.84. According to the industry distribution chart, Europris ASA ranks #168 out of 307 companies in the Retail - Defensive industry, placing it in the top 54.7%.
Is Europris ASA's Altman Z-Score too high?
Europris ASA's current Altman Z-Score of 3.28 is near median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 3.84. The Retail - Defensive industry median Altman Z-Score is 3.57. Europris ASA's value of 3.28 is 8.1% below this industry median. Based on the distribution chart, Europris ASA ranks #168 out of 307 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Europris ASA has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Europris ASA's Altman Z-Score compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Europris ASA ranks #168 out of 307 companies for Altman Z-Score. This places Europris ASA in the lower half of its industry. The industry median Altman Z-Score is 3.57. Europris ASA's value of 3.28 is 8.1% below this benchmark. Historically, Europris ASA's own Altman Z-Score has ranged from 1.60 to 3.84 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 3.57, Europris ASA has consistently been below 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 Retail - Defensive company?
The median Altman Z-Score among Retail - Defensive companies is 3.57, based on 307 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. Europris ASA's current Altman Z-Score of 3.28 is 8.1% below 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 Europris ASA and its competitors. For the Retail - Defensive industry, the median Altman Z-Score is 3.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Europris ASA's current Altman Z-Score is 3.28, which is near median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europris ASA stock overvalued right now?
Based on GuruFocus' analysis, Europris ASA (FRA:2RG) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.72, compared to a current price of €7.88 — trading 18.9% below its estimated fair value. The current Altman Z-Score is 3.28, which is near median its 10-year median of 3.09 and 8.1% below the Retail - Defensive industry median of 3.57. Europris ASA's overall GF Score™ is 84/100 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 Europris ASA (FRA:2RG), the current Altman Z-Score is 3.28 as of Jun. 26, 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 Europris ASA (FRA:2RG) Overvalued in 2026?
Based on GuruFocus' analysis, Europris ASA stock appears to be undervalued.
The current stock price of €7.88 is trading 18.9% below its estimated GF Value™ of €9.72.
GuruFocus considers Europris ASA to be Modestly Undervalued.
Key valuation signals for FRA:2RG:
Altman Z-Score: 3.28 (near median its 10-year median of 3.09)
GF Value™: €9.72 vs. price of €7.88 (18.9% below fair value)
Industry Position: 8.1% below the Retail - Defensive median (#168 of 307)
No single metric tells the full story. See the FRA:2RG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Europris ASA is a Norwegian discount store company. The group consists of two segments, Norway and Sweden. The Norwegian segment includes Europris ASA, Europris Holding AS, Europris AS, Europris Butikkdrift AS, Lekekassen Holding AS, and Strikkemekka Holding AS. The Swedish segment consists of Runsvengruppen AB, OoB AB, Runsven AB, Runsven Fastighets AB, and OoB Finans AB. The group operates a chain of stores in the discount variety retail sector and online stores that sell consumer goods, including sales to franchise stores. Retail sales are usually settled in cash or by debit or credit cards.
84GF Score
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