H100 Group ABFRA:GS9 33 Altman Z-Score is 30.47 as of Jul. 11, 2026, which is 251% above its 10-year median of 8.69. GuruFocus rates FRA:GS9 with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 662 Healthcare Providers & Services companies, H100 Group AB ranks better than 97.73% 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 30.49 is strong.
H100 Group AB has a Altman Z-Score of 30.47, 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 H100 Group AB's Altman Z-Score or its related term are showing as below:
FRA:GS9'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.6 Med: 8.69 Max: 30.49
Current: 30.49
During the past 8 years, H100 Group AB's highest Altman Z-Score was 30.49. The lowest was 0.60. And the median was 8.69.
H100 Group AB (FRA:GS9) 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.
Altman Z-Score does not apply to financial companies.
H100 Group AB Altman Z-Score Related Terms
H100 Group AB Altman Z-Score Historical Data
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The historical data trend for H100 Group AB'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.
FRA:GS9 vs VEEV, BTSG, TEM: Altman Z-Score Comparison
For the Health Information Services subindustry, H100 Group AB'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.
H100 Group AB Altman Z-Score vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, H100 Group AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where H100 Group AB'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.
H100 Group AB'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
*
0.092
+
1.4
*
-0.3744
+
3.3
*
-0.1474
+
0.6
*
52.4043
+
1.0
*
-0.0747
=
30.47
* 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.
H100 Group AB (FRA:GS9) has a Altman Z-Score of 30.47 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on H100 Group AB and its competitors. This is 251% above median its historical median of 8.69. Over the past decade, H100 Group AB's Altman Z-Score has ranged from 0.60 to 30.49. According to the industry distribution chart, H100 Group AB ranks #15 out of 662 companies in the Healthcare Providers & Services industry, placing it in the top 2.3%.
Is H100 Group AB's Altman Z-Score too high?
H100 Group AB's current Altman Z-Score of 30.47 is 251% above median its 10-year median of 8.69. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 30.49. The Healthcare Providers & Services industry median Altman Z-Score is 2.46. H100 Group AB's value of 30.47 is 1138.6% above this industry median. Based on the distribution chart, H100 Group AB ranks #15 out of 662 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, H100 Group AB has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does H100 Group AB's Altman Z-Score compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, H100 Group AB ranks #15 out of 662 companies for Altman Z-Score. This places H100 Group AB in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.46. H100 Group AB's value of 30.47 is 1138.6% above this benchmark. Historically, H100 Group AB's own Altman Z-Score has ranged from 0.60 to 30.49 over the past decade. While the company's 10-year median is 8.69 vs. the industry median of 2.46, H100 Group AB 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.46, based on 662 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. H100 Group AB's current Altman Z-Score of 30.47 is 1138.6% 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 H100 Group AB and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H100 Group AB's current Altman Z-Score is 30.47, which is 251% above median its own 10-year median of 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H100 Group AB stock overvalued right now?
H100 Group AB (FRA:GS9) has a current Altman Z-Score of 30.47. The current Altman Z-Score is 30.47, which is 251% above median its 10-year median of 8.69 and 1138.6% above the Healthcare Providers & Services industry median of 2.46. H100 Group AB's overall GF Score™ is 33/100 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 H100 Group AB (FRA:GS9), the current Altman Z-Score is 30.47 as of Jul. 11, 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.
H100 Group AB is a Swedish health technology company and the Bitcoin Treasury Company in the Nordics. The Company's objective is to maximize Bitcoin exposure per share by expanding its Bitcoin treasury through financial instruments. The Company operates through two business areas: Bitcoin Treasury operations, which focus on increasing Bitcoin exposure per share through strategic and financial instruments, and a health-tech division that supports health and longevity providers with AI-powered automation and growth tools. The Company generates revenue from digital services related to training and nutrition coaching provided to B2C customers and SaaS revenue related to the Group's digital platform provided to B2B customers. It operates in Sweden and Norway.
33GF Score
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