Oxford MetricsFRA:RNI -2.74%54 Altman Z-Score is 3.12 as of Jul. 04, 2026, which is 47% below its 10-year median of 5.89. GuruFocus rates FRA:RNI with a GF Score™ of 54/100 and a GF Value™ of €0.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,766 Software companies, Oxford Metrics ranks better than 50.58% 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 3.12 is strong.
Oxford Metrics has a Altman Z-Score of 3.12, 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 Oxford Metrics's Altman Z-Score or its related term are showing as below:
FRA:RNI'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.12 Med: 5.89 Max: 7.47
Current: 3.12
During the past 13 years, Oxford Metrics's highest Altman Z-Score was 7.47. The lowest was 3.12. And the median was 5.89.
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.
Oxford Metrics Altman Z-Score Related Terms
Oxford Metrics Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Oxford Metrics'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:RNI vs UBER, SHOP, CRM: Altman Z-Score Comparison
For the Software - Application subindustry, Oxford Metrics'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.
Oxford Metrics Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Oxford Metrics's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Oxford Metrics'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.
Oxford Metrics'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
*
0.4954
+
1.4
*
0.5188
+
3.3
*
0.0101
+
0.6
*
2.0916
+
1.0
*
0.5153
=
3.12
* 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.
Oxford Metrics (FRA:RNI) has a Altman Z-Score of 3.12 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Oxford Metrics and its competitors. This is 47% below median its historical median of 5.89. Over the past decade, Oxford Metrics' Altman Z-Score has ranged from 3.12 to 7.47. According to the industry distribution chart, Oxford Metrics ranks #1367 out of 2766 companies in the Software industry, placing it in the top 49.4%.
Is Oxford Metrics' Altman Z-Score too high?
Oxford Metrics' current Altman Z-Score of 3.12 is 47% below median its 10-year median of 5.89. Over the past 10 years, this metric has ranged from a low of 3.12 to a high of 7.47. The Software industry median Altman Z-Score is 3.11. Oxford Metrics' value of 3.12 is 0.3% above this industry median. Based on the distribution chart, Oxford Metrics ranks #1367 out of 2766 companies in the Software industry, which is above the industry midpoint. Overall, Oxford Metrics has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oxford Metrics' Altman Z-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Oxford Metrics ranks #1367 out of 2766 companies for Altman Z-Score. This puts Oxford Metrics in the upper half of its industry. The industry median Altman Z-Score is 3.11. Oxford Metrics' value of 3.12 is 0.3% above this benchmark. Historically, Oxford Metrics' own Altman Z-Score has ranged from 3.12 to 7.47 over the past decade. While the company's 10-year median is 5.89 vs. the industry median of 3.11, Oxford Metrics 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 Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,766 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. Oxford Metrics's current Altman Z-Score of 3.12 is 0.3% 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 Oxford Metrics and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oxford Metrics's current Altman Z-Score is 3.12, which is 47% below median its own 10-year median of 5.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Metrics stock overvalued right now?
Based on GuruFocus' analysis, Oxford Metrics (FRA:RNI) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.89, compared to a current price of €0.43 — trading 52.1% below its estimated fair value. The current Altman Z-Score is 3.12, which is 47% below median its 10-year median of 5.89 and 0.3% above the Software industry median of 3.11. Oxford Metrics' overall GF Score™ is 54/100 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 Oxford Metrics (FRA:RNI), the current Altman Z-Score is 3.12 as of Jul. 04, 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 Oxford Metrics (FRA:RNI) Overvalued in 2026?
Based on GuruFocus' analysis, Oxford Metrics stock appears to be undervalued.
The current stock price of €0.43 is trading 52.1% below its estimated GF Value™ of €0.89.
GuruFocus considers Oxford Metrics to be Significantly Undervalued.
Key valuation signals for FRA:RNI:
Altman Z-Score: 3.12 (47% below median its 10-year median of 5.89)
GF Value™: €0.89 vs. price of €0.43 (52.1% below fair value)
Industry Position: 0.3% above the Software median (#1367 of 2766)
No single metric tells the full story. See the FRA:RNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oxford Metrics PLC is a smart sensing and software company that enables organisations to capture, analyse, and act on motion and measurement data to improve performance, efficiency, and decision-making. The Group operates through two divisions, Motion Capture and Smart Manufacturing, serving life sciences, entertainment, engineering, and smart manufacturing markets. Motion Capture involves the development, production, and sale of computer software and equipment, and contributes the majority of revenue, while Smart Manufacturing focuses on vision inspection systems. The Group operates in the UK, Europe, North America, Asia Pacific, and other regions, with the majority of revenue generated from North America.
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