NIQ Global Intelligence (FRA:GD0) Altman Z-Score: 0.51 (As of Jun. 28, 2026) — 20% Below Median


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What is NIQ Global Intelligence Altman Z-Score?

NIQ Global Intelligence FRA:GD0 -3.57% 15 Altman Z-Score is 0.51 as of Jun. 28, 2026, which is 20% below its 10-year median of 0.64. GuruFocus rates FRA:GD0 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 2,765 Software companies, NIQ Global Intelligence ranks worse than 80.43% 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 0.51 is in distress zone. This implies bankruptcy possibility in the next two years.

NIQ Global Intelligence has a Altman Z-Score of 0.51, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 NIQ Global Intelligence's Altman Z-Score or its related term are showing as below:

FRA:GD0' s Altman Z-Score Range Over the Past 10 Years
Min: 0.51   Med: 0.64   Max: 0.75
Current: 0.51

During the past 4 years, NIQ Global Intelligence's highest Altman Z-Score was 0.75. The lowest was 0.51. And the median was 0.64.


NIQ Global Intelligence  (FRA:GD0) 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.


NIQ Global Intelligence Altman Z-Score Related Terms


NIQ Global Intelligence Altman Z-Score Historical Data

* Premium members only.

The historical data trend for NIQ Global Intelligence'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.

NIQ Global Intelligence Altman Z-Score Chart

NIQ Global Intelligence Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 0.75

NIQ Global Intelligence Quarterly Data
Dec22 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 0.00 0.00 0.64 0.75 0.59

FRA:GD0 vs AGYS, WRD, FRSH: Altman Z-Score Comparison

For the Software - Application subindustry, NIQ Global Intelligence'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.


NIQ Global Intelligence Altman Z-Score vs Software Industry

For the Software industry and Technology sector, NIQ Global Intelligence's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where NIQ Global Intelligence's Altman Z-Score falls into.


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NIQ Global Intelligence 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.

NIQ Global Intelligence'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*0.0148+1.4*-0.3396+3.3*0.0165+0.6*0.4632+1.0*0.6337
=0.51

* 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 €5,838 Mil.
Total Current Assets was €1,326 Mil.
Total Current Liabilities was €1,239 Mil.
Retained Earnings was €-1,983 Mil.
Pre-Tax Income was -54.581 + 20.923 + -138.62 + 10.057 = €-162 Mil.
Interest Expense was -52.332 + -54.656 + -69.012 + -82.538 = €-259 Mil.
Revenue was 927.885 + 972.791 + 896.815 + 902.374 = €3,700 Mil.
Market Cap (Today) was €2,242 Mil.
Total Liabilities was €4,840 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
=(1325.958 - 1239.458)/5838.144
=0.0148

X2=Retained Earnings/Total Assets
=-1982.666/5838.144
=-0.3396

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-162.221 - -258.538)/5838.144
=0.0165

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2241.865/4839.502
=0.4632

X5=Revenue/Total Assets
=3699.865/5838.144
=0.6337

The zones of discrimination were as such:

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

NIQ Global Intelligence has a Altman Z-Score of 0.51 indicating it is in Distress 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 0.51 mean?
NIQ Global Intelligence (FRA:GD0) has a Altman Z-Score of 0.51 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on NIQ Global Intelligence and its competitors. This is 20% below median its historical median of 0.64. Over the past decade, NIQ Global Intelligence's Altman Z-Score has ranged from 0.51 to 0.75. According to the industry distribution chart, NIQ Global Intelligence ranks #2224 out of 2765 companies in the Software industry, placing it in the top 80.4%.
Is NIQ Global Intelligence's Altman Z-Score too high?
NIQ Global Intelligence's current Altman Z-Score of 0.51 is 20% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.75. The Software industry median Altman Z-Score is 3.10. NIQ Global Intelligence's value of 0.51 is 83.5% below this industry median. Based on the distribution chart, NIQ Global Intelligence ranks #2224 out of 2765 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, NIQ Global Intelligence has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does NIQ Global Intelligence's Altman Z-Score compare to AGYS and WRD?
According to the Software industry distribution chart, NIQ Global Intelligence ranks #2224 out of 2765 companies for Altman Z-Score. This places NIQ Global Intelligence in the lower half of its industry. The industry median Altman Z-Score is 3.10. NIQ Global Intelligence's value of 0.51 is 83.5% below this benchmark. Historically, NIQ Global Intelligence's own Altman Z-Score has ranged from 0.51 to 0.75 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 3.10, NIQ Global Intelligence 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 Software company?
The median Altman Z-Score among Software companies is 3.10, based on 2,765 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. NIQ Global Intelligence's current Altman Z-Score of 0.51 is 83.5% 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 NIQ Global Intelligence and its competitors. For the Software industry, the median Altman Z-Score is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIQ Global Intelligence's current Altman Z-Score is 0.51, which is 20% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIQ Global Intelligence stock overvalued right now?
NIQ Global Intelligence (FRA:GD0) has a current Altman Z-Score of 0.51. The current Altman Z-Score is 0.51, which is 20% below median its 10-year median of 0.64 and 83.5% below the Software industry median of 3.10. NIQ Global Intelligence's overall GF Score™ is 15/100 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 NIQ Global Intelligence (FRA:GD0), the current Altman Z-Score is 0.51 as of Jun. 28, 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.

NIQ Global Intelligence Business Description

Other Exchanges NIQ:USA
Address 200 West Jackson Boulevard, Chicago, IL, USA, 60606
NIQ Global Intelligence PLC is a world-wide consumer intelligence company positioned at the nexus of brands, retailers, and consumers. It manages a comprehensive and integrated ecosystem: The NIQ Ecosystem, which combines proprietary data, technology, human intelligence, and sophisticated software applications and analytics solutions. The company's technology platform aggregates consumer shopping data from diverse sources, generates proprietary reference data and metadata, and provides an omnichannel view of consumer shopping behavior. It generates revenue from solutions in two product groupings: Intelligence (Consumer Measurement) and Activation (Consumer Analytics). The company's reportable segments are: EMEA, which generates the maximum revenue, Americas, and APAC.
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