Metair Investments (FRA:M4HA) Altman Z-Score: 1.95 (As of Jul. 01, 2026) — 27% Below Median


FRA:M4HA Metair Investments Ltd FRA:M4HA
71 GF Score
Price €0.22
GF Value €0.77
! 4 Warning Signs
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What is Metair Investments Altman Z-Score?

Metair Investments FRA:M4HA +1.87% 71 Altman Z-Score is 1.95 as of Jul. 01, 2026, which is 27% below its 10-year median of 2.66. GuruFocus rates FRA:M4HA with a GF Score™ of 71/100 and a GF Value™ of €0.77. The stock has 4 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Metair Investments ranks worse than 65.29% 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 1.95 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.

Metair Investments has a Altman Z-Score of 1.95, indicating it is in Grey Zones. This implies that Metair Investments 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 Metair Investments's Altman Z-Score or its related term are showing as below:

FRA:M4HA' s Altman Z-Score Range Over the Past 10 Years
Min: 1.66   Med: 2.66   Max: 3.47
Current: 1.95

During the past 13 years, Metair Investments's highest Altman Z-Score was 3.47. The lowest was 1.66. And the median was 2.66.


Metair Investments  (FRA:M4HA) 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.


Metair Investments Altman Z-Score Related Terms


Metair Investments Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Metair Investments'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.

Metair Investments Altman Z-Score Chart

Metair Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 2.27 1.97 1.66 1.94

Metair Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.97 0.00 1.66 0.00 1.94

FRA:M4HA vs ORLY, AZO, GPC: Altman Z-Score Comparison

For the Auto Parts subindustry, Metair Investments'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.


Metair Investments Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Metair Investments's Altman Z-Score distribution charts can be found below:

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


FRA:M4HA
71GF Score
Metair Investments Ltd FRA:M4HA
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Metair Investments 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.

Metair Investments'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*0.2524+1.4*0.0302+3.3*0.0386+0.6*0.1007+1.0*1.4203
=1.95

* 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 Dec. 2025:
Total Assets was €638.3 Mil.
Total Current Assets was €357.5 Mil.
Total Current Liabilities was €196.4 Mil.
Retained Earnings was €19.2 Mil.
Pre-Tax Income was €-6.4 Mil.
Interest Expense was €-31.0 Mil.
Revenue was €906.5 Mil.
Market Cap (Today) was €52.7 Mil.
Total Liabilities was €523.6 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
=(357.49 - 196.396)/638.291
=0.2524

X2=Retained Earnings/Total Assets
=19.249/638.291
=0.0302

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-6.398 - -31.048)/638.291
=0.0386

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=52.731/523.583
=0.1007

X5=Revenue/Total Assets
=906.539/638.291
=1.4203

The zones of discrimination were as such:

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

Metair Investments has a Altman Z-Score of 1.95 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 1.95 mean?
Metair Investments (FRA:M4HA) has a Altman Z-Score of 1.95 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Metair Investments and its competitors. This is 27% below median its historical median of 2.66. Over the past decade, Metair Investments' Altman Z-Score has ranged from 1.66 to 3.47. According to the industry distribution chart, Metair Investments ranks #856 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 65.3%.
Is Metair Investments' Altman Z-Score too high?
Metair Investments' current Altman Z-Score of 1.95 is 27% below median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 3.47. The Vehicles & Parts industry median Altman Z-Score is 2.54. Metair Investments' value of 1.95 is 23.2% below this industry median. Based on the distribution chart, Metair Investments ranks #856 out of 1311 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Metair Investments has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Metair Investments' Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Metair Investments ranks #856 out of 1311 companies for Altman Z-Score. This places Metair Investments in the lower half of its industry. The industry median Altman Z-Score is 2.54. Metair Investments' value of 1.95 is 23.2% below this benchmark. Historically, Metair Investments' own Altman Z-Score has ranged from 1.66 to 3.47 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 2.54, Metair Investments 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.54, based on 1,311 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. Metair Investments's current Altman Z-Score of 1.95 is 23.2% 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 Metair Investments and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metair Investments's current Altman Z-Score is 1.95, which is 27% below median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metair Investments stock overvalued right now?
Metair Investments (FRA:M4HA) has a current Altman Z-Score of 1.95. The stock's GF Value™ is €0.77, compared to a current price of €0.22 — trading 71.7% below its estimated fair value. The current Altman Z-Score is 1.95, which is 27% below median its 10-year median of 2.66 and 23.2% below the Vehicles & Parts industry median of 2.54. Metair Investments' overall GF Score™ is 71/100 with 4 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 Metair Investments (FRA:M4HA), the current Altman Z-Score is 1.95 as of Jul. 01, 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 Metair Investments (FRA:M4HA) Overvalued in 2026?

Based on GuruFocus' analysis, Metair Investments stock appears to be undervalued. The current stock price of €0.22 is trading 71.7% below its estimated GF Value™ of €0.77.

Key valuation signals for FRA:M4HA:

  • Altman Z-Score: 1.95 (27% below median its 10-year median of 2.66)
  • GF Value™: €0.77 vs. price of €0.22 (71.7% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 23.2% below the Vehicles & Parts median (#856 of 1311)

No single metric tells the full story. See the FRA:M4HA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metair Investments Business Description

Other Exchanges MTA:South Africa
Address 111 Mimetes Road, Denver, Johannesburg, GT, ZAF, 2011
Metair Investments Ltd is a Automotive Components & Aftermarket Solutions management company. The company has two business segments, Automotive component manufacturing segment and Aftermarket parts and retail segment. The automotive components division produces original equipment (OE) components used in the assembly of new vehicles, as well as spare parts and other products used in the automotive aftermarket. Some of its automotive component products are e brake pads, shock absorbers, lights, radiators, and air-conditioners. AFM segment focusing on serving the independent aftermarket and retail distribution channels. Its geographical segments are South Africa and Romania.
71GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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