SNTGN Transgaz (FRA:7RN) Altman Z-Score: 2.59 (As of Jul. 09, 2026)


FRA:7RN SNTGN Transgaz SA FRA:7RN
43 GF Score
Price €18.44
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What is SNTGN Transgaz Altman Z-Score?

SNTGN Transgaz FRA:7RN -1.60% 43 Altman Z-Score is 2.59 as of Jul. 09, 2026. GuruFocus rates FRA:7RN with a GF Score™ of 43/100. Among 497 Utilities - Regulated companies, SNTGN Transgaz ranks better than 78.67% 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.

SNTGN Transgaz has a Altman Z-Score of 2.59, indicating it is in Grey Zones. This implies that SNTGN Transgaz 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 SNTGN Transgaz's Altman Z-Score or its related term are showing as below:


SNTGN Transgaz  (FRA:7RN) 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.


SNTGN Transgaz Altman Z-Score Related Terms


SNTGN Transgaz Altman Z-Score Historical Data

* Premium members only.

The historical data trend for SNTGN Transgaz'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.

SNTGN Transgaz Altman Z-Score Chart

SNTGN Transgaz Annual Data
Trend Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.19 1.01 0.86 1.10

SNTGN Transgaz Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 1.09 1.07 1.10 1.44 1.44

FRA:7RN vs ATO, NI, UGI: Altman Z-Score Comparison

For the Utilities - Regulated Gas subindustry, SNTGN Transgaz'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.


SNTGN Transgaz Altman Z-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SNTGN Transgaz's Altman Z-Score distribution charts can be found below:

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


FRA:7RN
43GF Score
SNTGN Transgaz SA FRA:7RN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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SNTGN Transgaz 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.

SNTGN Transgaz'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*0.0035+1.4*0.0674+3.3*0.0872+0.6*2.9596+1.0*0.4252
=2.59

* 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 Jun. 2025:
Total Assets was €2,069.0 Mil.
Total Current Assets was €345.6 Mil.
Total Current Liabilities was €338.4 Mil.
Retained Earnings was €139.5 Mil.
Pre-Tax Income was 0.177 + 114.632 + 56.669 + -7.207 = €164.3 Mil.
Interest Expense was -3.676 + -3.872 + -3.962 + -4.709 = €-16.2 Mil.
Revenue was 168.246 + 244.025 + 267.978 + 199.576 = €879.8 Mil.
Market Cap (Today) was €3,479.5 Mil.
Total Liabilities was €1,175.7 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
=(345.569 - 338.403)/2068.976
=0.0035

X2=Retained Earnings/Total Assets
=139.507/2068.976
=0.0674

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(164.271 - -16.219)/2068.976
=0.0872

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3479.527/1175.659
=2.9596

X5=Revenue/Total Assets
=879.825/2068.976
=0.4252

The zones of discrimination were as such:

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

SNTGN Transgaz has a Altman Z-Score of 2.59 indicating it is in Grey 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 2.59 mean?
SNTGN Transgaz (FRA:7RN) has a Altman Z-Score of 2.59 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on SNTGN Transgaz and its competitors. According to the industry distribution chart, SNTGN Transgaz ranks #106 out of 497 companies in the Utilities - Regulated industry, placing it in the top 21.3%.
Is SNTGN Transgaz's Altman Z-Score too high?
SNTGN Transgaz's current Altman Z-Score is 2.59. The Utilities - Regulated industry median Altman Z-Score is 1.26. SNTGN Transgaz's value of 2.59 is 105.6% above this industry median. Based on the distribution chart, SNTGN Transgaz ranks #106 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, SNTGN Transgaz has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does SNTGN Transgaz's Altman Z-Score compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, SNTGN Transgaz ranks #106 out of 497 companies for Altman Z-Score. This places SNTGN Transgaz in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.26. SNTGN Transgaz's value of 2.59 is 105.6% above this benchmark. 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 an Utilities - Regulated company?
The median Altman Z-Score among Utilities - Regulated companies is 1.26, based on 497 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. SNTGN Transgaz's current Altman Z-Score of 2.59 is 105.6% 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 SNTGN Transgaz and its competitors. For the Utilities - Regulated industry, the median Altman Z-Score is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SNTGN Transgaz's current Altman Z-Score is 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SNTGN Transgaz stock overvalued right now?
SNTGN Transgaz (FRA:7RN) has a current Altman Z-Score of 2.59. The current Altman Z-Score is 2.59 and 105.6% above the Utilities - Regulated industry median of 1.26. SNTGN Transgaz's overall GF Score™ is 43/100. 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 SNTGN Transgaz (FRA:7RN), the current Altman Z-Score is 2.59 as of Jul. 09, 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.

SNTGN Transgaz Business Description

Other Exchanges TGN:Romania
Address No. 1, C.I. Motas Square, Sibiu County, Medias, Sibiu, ROU, 551130
SNTGN Transgaz SA is a Romania-based technical operator of the National Gas Transmission System. The company is engaged in domestic gas transmission, international gas transmission, gas dispatching, and research and design in the field of gas transmission.
43GF Score

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