DMG Blockchain SolutionsFRA:6AX -8.05%45 Altman Z-Score is 2.26 as of Jun. 26, 2026, which is 65% above its 10-year median of 1.37. GuruFocus rates FRA:6AX with a GF Score™ of 45/100 and a GF Value™ of €0.22 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 658 Capital Markets companies, DMG Blockchain Solutions ranks worse than 50.76% 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 2.52 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
DMG Blockchain Solutions has a Altman Z-Score of 2.26, indicating it is in Grey Zones. This implies that DMG Blockchain Solutions is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 DMG Blockchain Solutions's Altman Z-Score or its related term are showing as below:
FRA:6AX'
s Altman Z-Score Range Over the Past 10 Years
Min: -673.44 Med: 1.37 Max: 42.87
Current: 2.52
During the past 13 years, DMG Blockchain Solutions's highest Altman Z-Score was 42.87. The lowest was -673.44. And the median was 1.37.
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.
FRA:6AX vs MS, GS, SCHW: Altman Z-Score Comparison
For the Capital Markets subindustry, DMG Blockchain Solutions'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.
DMG Blockchain Solutions Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, DMG Blockchain Solutions's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where DMG Blockchain Solutions'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.
DMG Blockchain Solutions (FRA:6AX) has a Altman Z-Score of 2.26 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on DMG Blockchain Solutions and its competitors. This is 65% above median its historical median of 1.37. According to the industry distribution chart, DMG Blockchain Solutions ranks #334 out of 658 companies in the Capital Markets industry, placing it in the top 50.8%.
Is DMG Blockchain Solutions' Altman Z-Score too high?
DMG Blockchain Solutions' current Altman Z-Score of 2.26 is 65% above median its 10-year median of 1.37. The Capital Markets industry median Altman Z-Score is 2.57. DMG Blockchain Solutions' value of 2.26 is 11.9% below this industry median. Based on the distribution chart, DMG Blockchain Solutions ranks #334 out of 658 companies in the Capital Markets industry, which is below the industry midpoint. Overall, DMG Blockchain Solutions has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DMG Blockchain Solutions' Altman Z-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, DMG Blockchain Solutions ranks #334 out of 658 companies for Altman Z-Score. This places DMG Blockchain Solutions in the lower half of its industry. The industry median Altman Z-Score is 2.57. DMG Blockchain Solutions' value of 2.26 is 11.9% below this benchmark. While the company's 10-year median is 1.37 vs. the industry median of 2.57, DMG Blockchain Solutions 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 Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.57, 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. DMG Blockchain Solutions's current Altman Z-Score of 2.26 is 11.9% 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 DMG Blockchain Solutions and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DMG Blockchain Solutions's current Altman Z-Score is 2.26, which is 65% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DMG Blockchain Solutions stock overvalued right now?
Based on GuruFocus' analysis, DMG Blockchain Solutions (FRA:6AX) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.22, compared to a current price of €0.38 — trading 71.4% above its estimated fair value. The current Altman Z-Score is 2.26, which is 65% above median its 10-year median of 1.37 and 11.9% below the Capital Markets industry median of 2.57. DMG Blockchain Solutions' overall GF Score™ is 45/100 with 8 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 DMG Blockchain Solutions (FRA:6AX), the current Altman Z-Score is 2.26 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 DMG Blockchain Solutions (FRA:6AX) Overvalued in 2026?
Based on GuruFocus' analysis, DMG Blockchain Solutions stock appears to be overvalued.
The current stock price of €0.38 is trading 71.4% above its estimated GF Value™ of €0.22.
GuruFocus considers DMG Blockchain Solutions to be Significantly Overvalued.
Key valuation signals for FRA:6AX:
Altman Z-Score: 2.26 (65% above median its 10-year median of 1.37)
GF Value™: €0.22 vs. price of €0.38 (71.4% above fair value)
Industry Position: 11.9% below the Capital Markets median (#334 of 658)
No single metric tells the full story. See the FRA:6AX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DMG Blockchain Solutions Inc is a full-service blockchain and cryptocurrency company. It manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. It is also involved in server hosting and other similar service arrangements for the transaction verification services business and software solutions. The company engages in the research and development of technology solutions related to the transaction verification business. It derives maximum revenue from digital currency mining, and the rest from software licensing, the sale of mining equipment, set-up and hosting fees, and others.
45GF Score
Get the complete analysis for FRA:6AX
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:6AX has been successfully added to your 
