Societatea Energetica ElectricaFRA:ECEB +0.55%40 Altman Z-Score is 2.21 as of Jun. 26, 2026, which is 41% above its 10-year median of 1.57. GuruFocus rates FRA:ECEB with a GF Score™ of 40/100 and a GF Value™ of €3.33 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 497 Utilities - Regulated companies, Societatea Energetica Electrica ranks better than 74.04% 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 2.16 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.
Societatea Energetica Electrica has a Altman Z-Score of 2.21, indicating it is in Grey Zones. This implies that Societatea Energetica Electrica 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 Societatea Energetica Electrica's Altman Z-Score or its related term are showing as below:
FRA:ECEB'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.91 Med: 1.57 Max: 2.68
Current: 2.16
During the past 13 years, Societatea Energetica Electrica's highest Altman Z-Score was 2.68. The lowest was 0.91. And the median was 1.57.
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:ECEB vs NEE, SO, DUK: Altman Z-Score Comparison
For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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.
Societatea Energetica Electrica Altman Z-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Societatea Energetica Electrica'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.
Societatea Energetica Electrica (FRA:ECEB) has a Altman Z-Score of 2.21 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Societatea Energetica Electrica and its competitors. This is 41% above median its historical median of 1.57. Over the past decade, Societatea Energetica Electrica's Altman Z-Score has ranged from 0.91 to 2.68. According to the industry distribution chart, Societatea Energetica Electrica ranks #129 out of 497 companies in the Utilities - Regulated industry, placing it in the top 26%.
Is Societatea Energetica Electrica's Altman Z-Score too high?
Societatea Energetica Electrica's current Altman Z-Score of 2.21 is 41% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 2.68. The Utilities - Regulated industry median Altman Z-Score is 1.26. Societatea Energetica Electrica's value of 2.21 is 75.4% above this industry median. Based on the distribution chart, Societatea Energetica Electrica ranks #129 out of 497 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Societatea Energetica Electrica has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Societatea Energetica Electrica's Altman Z-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Societatea Energetica Electrica ranks #129 out of 497 companies for Altman Z-Score. This puts Societatea Energetica Electrica in the upper half of its industry. The industry median Altman Z-Score is 1.26. Societatea Energetica Electrica's value of 2.21 is 75.4% above this benchmark. Historically, Societatea Energetica Electrica's own Altman Z-Score has ranged from 0.91 to 2.68 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.26, Societatea Energetica Electrica 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 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. Societatea Energetica Electrica's current Altman Z-Score of 2.21 is 75.4% 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 Societatea Energetica Electrica 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. Societatea Energetica Electrica's current Altman Z-Score is 2.21, which is 41% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societatea Energetica Electrica stock overvalued right now?
Based on GuruFocus' analysis, Societatea Energetica Electrica (FRA:ECEB) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.33, compared to a current price of €7.34 — trading 120.4% above its estimated fair value. The current Altman Z-Score is 2.21, which is 41% above median its 10-year median of 1.57 and 75.4% above the Utilities - Regulated industry median of 1.26. Societatea Energetica Electrica's overall GF Score™ is 40/100 with 9 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 Societatea Energetica Electrica (FRA:ECEB), the current Altman Z-Score is 2.21 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 Societatea Energetica Electrica (FRA:ECEB) Overvalued in 2026?
Based on GuruFocus' analysis, Societatea Energetica Electrica stock appears to be overvalued.
The current stock price of €7.34 is trading 120.4% above its estimated GF Value™ of €3.33.
GuruFocus considers Societatea Energetica Electrica to be Significantly Overvalued.
Key valuation signals for FRA:ECEB:
Altman Z-Score: 2.21 (41% above median its 10-year median of 1.57)
GF Value™: €3.33 vs. price of €7.34 (120.4% above fair value)
Industry Position: 75.4% above the Utilities - Regulated median (#129 of 497)
No single metric tells the full story. See the FRA:ECEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Societatea Energetica Electrica Business Description
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.
40GF Score
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