Fab-Form Industries (FRA:OO0) Altman Z-Score: 12.56 (As of Jul. 06, 2026) — 20% Above Median


FRA:OO0 Fab-Form Industries Ltd FRA:OO0
52 GF Score
Price €0.59
GF Value €0.84
! 3 Warning Signs
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What is Fab-Form Industries Altman Z-Score?

Fab-Form Industries FRA:OO0 +1.90% 52 Altman Z-Score is 12.56 as of Jul. 06, 2026, which is 20% above its 10-year median of 10.47. GuruFocus rates FRA:OO0 with a GF Score™ of 52/100 and a GF Value™ of €0.84. The stock has 3 warning signs investors should review. Among 403 Building Materials companies, Fab-Form Industries ranks better than 95.78% 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 12.78 is strong.

Fab-Form Industries has a Altman Z-Score of 12.56, 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 Fab-Form Industries's Altman Z-Score or its related term are showing as below:

FRA:OO0' s Altman Z-Score Range Over the Past 10 Years
Min: 3.94   Med: 10.47   Max: 21.03
Current: 12.78

During the past 13 years, Fab-Form Industries's highest Altman Z-Score was 21.03. The lowest was 3.94. And the median was 10.47.


Fab-Form Industries  (FRA:OO0) 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.


Fab-Form Industries Altman Z-Score Related Terms


Fab-Form Industries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Fab-Form Industries'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.

Fab-Form Industries Altman Z-Score Chart

Fab-Form Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.71 18.83 19.81 17.24 12.04

Fab-Form Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 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 9.75 12.04 10.38 11.47 13.32

FRA:OO0 vs CRH, VMC, MLM: Altman Z-Score Comparison

For the Building Materials subindustry, Fab-Form Industries'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.


Fab-Form Industries Altman Z-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fab-Form Industries's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Fab-Form Industries's Altman Z-Score falls into.


FRA:OO0
52GF Score
Fab-Form Industries Ltd FRA:OO0
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Fab-Form Industries 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.

Fab-Form Industries'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*0.3902+1.4*0.7138+3.3*0.0701+0.6*16.9528+1.0*0.6929
=12.56

* 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 €4.17 Mil.
Total Current Assets was €1.92 Mil.
Total Current Liabilities was €0.29 Mil.
Retained Earnings was €2.97 Mil.
Pre-Tax Income was -0.059 + 0.015 + 0.195 + 0.138 = €0.29 Mil.
Interest Expense was 0 + -0.001 + -0.001 + -0.001 = €-0.00 Mil.
Revenue was 0.494 + 0.532 + 0.911 + 0.949 = €2.89 Mil.
Market Cap (Today) was €5.39 Mil.
Total Liabilities was €0.32 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
=(1.915 - 0.29)/4.165
=0.3902

X2=Retained Earnings/Total Assets
=2.973/4.165
=0.7138

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.289 - -0.003)/4.165
=0.0701

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5.391/0.318
=16.9528

X5=Revenue/Total Assets
=2.886/4.165
=0.6929

The zones of discrimination were as such:

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

Fab-Form Industries has a Altman Z-Score of 12.56 indicating it is in Safe 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 12.56 mean?
Fab-Form Industries (FRA:OO0) has a Altman Z-Score of 12.56 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fab-Form Industries and its competitors. This is 20% above median its historical median of 10.47. Over the past decade, Fab-Form Industries' Altman Z-Score has ranged from 3.94 to 21.03. According to the industry distribution chart, Fab-Form Industries ranks #17 out of 403 companies in the Building Materials industry, placing it in the top 4.2%.
Is Fab-Form Industries' Altman Z-Score too high?
Fab-Form Industries' current Altman Z-Score of 12.56 is 20% above median its 10-year median of 10.47. Over the past 10 years, this metric has ranged from a low of 3.94 to a high of 21.03. The Building Materials industry median Altman Z-Score is 2.24. Fab-Form Industries' value of 12.56 is 460.7% above this industry median. Based on the distribution chart, Fab-Form Industries ranks #17 out of 403 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Fab-Form Industries has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Fab-Form Industries' Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Fab-Form Industries ranks #17 out of 403 companies for Altman Z-Score. This places Fab-Form Industries in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.24. Fab-Form Industries' value of 12.56 is 460.7% above this benchmark. Historically, Fab-Form Industries' own Altman Z-Score has ranged from 3.94 to 21.03 over the past decade. While the company's 10-year median is 10.47 vs. the industry median of 2.24, Fab-Form Industries 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 Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.24, based on 403 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. Fab-Form Industries's current Altman Z-Score of 12.56 is 460.7% 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 Fab-Form Industries and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fab-Form Industries's current Altman Z-Score is 12.56, which is 20% above median its own 10-year median of 10.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fab-Form Industries stock overvalued right now?
Fab-Form Industries (FRA:OO0) has a current Altman Z-Score of 12.56. The stock's GF Value™ is €0.84, compared to a current price of €0.59 — trading 29.9% below its estimated fair value. The current Altman Z-Score is 12.56, which is 20% above median its 10-year median of 10.47 and 460.7% above the Building Materials industry median of 2.24. Fab-Form Industries' overall GF Score™ is 52/100 with 3 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 Fab-Form Industries (FRA:OO0), the current Altman Z-Score is 12.56 as of Jul. 06, 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 Fab-Form Industries (FRA:OO0) Overvalued in 2026?

Based on GuruFocus' analysis, Fab-Form Industries stock appears to be undervalued. The current stock price of €0.59 is trading 29.9% below its estimated GF Value™ of €0.84.

Key valuation signals for FRA:OO0:

  • Altman Z-Score: 12.56 (20% above median its 10-year median of 10.47)
  • GF Value™: €0.84 vs. price of €0.59 (29.9% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 460.7% above the Building Materials median (#17 of 403)

No single metric tells the full story. See the FRA:OO0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fab-Form Industries Business Description

Other Exchanges FBF:Canada
Address 1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1
Fab-Form Industries Ltd is a Canadian-based company that develops, manufactures, and distributes proprietary technology to form concrete footings, columns, foundations, and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.
52GF Score

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

€0.59
Price
€0.84
GF Value