Fuyao Glass Industry Group Co (FRA:4FG) Altman Z-Score: 4.19 (As of Jun. 30, 2026) — Near Median


FRA:4FG Fuyao Glass Industry Group Co Ltd FRA:4FG
90 GF Score
Price €5.60
GF Value €7.36
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Fuyao Glass Industry Group Co Altman Z-Score?

Fuyao Glass Industry Group Co FRA:4FG +3.70% 90 Altman Z-Score is 4.19 as of Jun. 30, 2026, which is 1% below its 10-year median of 4.22. GuruFocus rates FRA:4FG with a GF Score™ of 90/100 and a GF Value™ of €7.36 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Fuyao Glass Industry Group Co ranks better than 74.45% 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 4.08 is strong.

Fuyao Glass Industry Group Co has a Altman Z-Score of 4.19, 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 Fuyao Glass Industry Group Co's Altman Z-Score or its related term are showing as below:

FRA:4FG' s Altman Z-Score Range Over the Past 10 Years
Min: 2.42   Med: 4.22   Max: 5.95
Current: 4.08

During the past 13 years, Fuyao Glass Industry Group Co's highest Altman Z-Score was 5.95. The lowest was 2.42. And the median was 4.22.


Fuyao Glass Industry Group Co  (FRA:4FG) 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.


Fuyao Glass Industry Group Co Altman Z-Score Related Terms


Fuyao Glass Industry Group Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Fuyao Glass Industry Group 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.

Fuyao Glass Industry Group Co Altman Z-Score Chart

Fuyao Glass Industry Group Co 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 5.44 4.11 4.08 5.41 4.96

Fuyao Glass Industry Group Co 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 5.11 4.82 5.02 4.96 4.46

FRA:4FG vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, Fuyao Glass Industry Group 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.


Fuyao Glass Industry Group Co Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fuyao Glass Industry Group Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Fuyao Glass Industry Group Co's Altman Z-Score falls into.


FRA:4FG
90GF Score
Fuyao Glass Industry Group Co Ltd FRA:4FG
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Fuyao Glass Industry Group Co 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.

Fuyao Glass Industry Group 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*0.2543+1.4*0.3+3.3*0.1454+0.6*3.9546+1.0*0.6118
=4.19

* 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 €9,204 Mil.
Total Current Assets was €5,301 Mil.
Total Current Liabilities was €2,960 Mil.
Retained Earnings was €2,761 Mil.
Pre-Tax Income was 254.56 + 313.381 + 332.836 + 399.441 = €1,300 Mil.
Interest Expense was -9.587 + -8.791 + -8.58 + -10.81 = €-38 Mil.
Revenue was 1306.897 + 1513.892 + 1417.849 + 1393.085 = €5,632 Mil.
Market Cap (Today) was €16,975 Mil.
Total Liabilities was €4,292 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
=(5300.707 - 2960.041)/9204.435
=0.2543

X2=Retained Earnings/Total Assets
=2761.267/9204.435
=0.3

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1300.218 - -37.768)/9204.435
=0.1454

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=16974.605/4292.353
=3.9546

X5=Revenue/Total Assets
=5631.723/9204.435
=0.6118

The zones of discrimination were as such:

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

Fuyao Glass Industry Group Co has a Altman Z-Score of 4.19 indicating it is in Safe 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 4.19 mean?
Fuyao Glass Industry Group Co (FRA:4FG) has a Altman Z-Score of 4.19 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fuyao Glass Industry Group Co and its competitors. This is near median its historical median of 4.22. Over the past decade, Fuyao Glass Industry Group Co's Altman Z-Score has ranged from 2.42 to 5.95. According to the industry distribution chart, Fuyao Glass Industry Group Co ranks #335 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 25.6%.
Is Fuyao Glass Industry Group Co's Altman Z-Score too high?
Fuyao Glass Industry Group Co's current Altman Z-Score of 4.19 is near median its 10-year median of 4.22. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 5.95. The Vehicles & Parts industry median Altman Z-Score is 2.54. Fuyao Glass Industry Group Co's value of 4.19 is 65% above this industry median. Based on the distribution chart, Fuyao Glass Industry Group Co ranks #335 out of 1311 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Fuyao Glass Industry Group Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fuyao Glass Industry Group Co's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Fuyao Glass Industry Group Co ranks #335 out of 1311 companies for Altman Z-Score. This puts Fuyao Glass Industry Group Co in the upper half of its industry. The industry median Altman Z-Score is 2.54. Fuyao Glass Industry Group Co's value of 4.19 is 65% above this benchmark. Historically, Fuyao Glass Industry Group Co's own Altman Z-Score has ranged from 2.42 to 5.95 over the past decade. While the company's 10-year median is 4.22 vs. the industry median of 2.54, Fuyao Glass Industry Group 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.54, based on 1,311 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. Fuyao Glass Industry Group Co's current Altman Z-Score of 4.19 is 65% 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 Fuyao Glass Industry Group Co and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuyao Glass Industry Group Co's current Altman Z-Score is 4.19, which is near median its own 10-year median of 4.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuyao Glass Industry Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fuyao Glass Industry Group Co (FRA:4FG) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.36, compared to a current price of €5.60 — trading 23.9% below its estimated fair value. The current Altman Z-Score is 4.19, which is near median its 10-year median of 4.22 and 65% above the Vehicles & Parts industry median of 2.54. Fuyao Glass Industry Group Co's overall GF Score™ is 90/100 with 2 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 Fuyao Glass Industry Group Co (FRA:4FG), the current Altman Z-Score is 4.19 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 Fuyao Glass Industry Group Co (FRA:4FG) Overvalued in 2026?

Based on GuruFocus' analysis, Fuyao Glass Industry Group Co stock appears to be undervalued. The current stock price of €5.60 is trading 23.9% below its estimated GF Value™ of €7.36. GuruFocus considers Fuyao Glass Industry Group Co to be Modestly Undervalued.

Key valuation signals for FRA:4FG:

  • Altman Z-Score: 4.19 (near median its 10-year median of 4.22)
  • GF Value™: €7.36 vs. price of €5.60 (23.9% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 65% above the Vehicles & Parts median (#335 of 1311)

No single metric tells the full story. See the FRA:4FG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuyao Glass Industry Group Co Business Description

Address Fuyao Industrial Zone II, Fujian Province, Fuqing, CHN, 350301
Fuyao Glass Industry Group Co Ltd manufactures and sells glass to be fitted in automobiles. The company is principally engaged in providing total solutions of safety glass and automotive accessories for various vehicles, including the design, manufacture, and sale of automotive-grade float glass, automotive glass, locomotive glass, luggage racks, vehicle window trims, and the provision of relevant services. The company's product portfolio consists of automobile glasses, such as coating glasses and others, which are applied in passenger cars, buses, limousines and others, and float glasses. The company distributes its products within domestic markets and overseas markets. Geographically, it derives a majority of its revenue from the PRC.
90GF Score

Get the complete analysis for FRA:4FG

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.60
Price
€7.36
GF Value