Ascent Industries Co (FRA:SY4) Altman Z-Score: 5.59 (As of Jun. 24, 2026) — 118% Above Median


FRA:SY4 Ascent Industries Co FRA:SY4
50 GF Score
Price €11.70
GF Value €5.84
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Ascent Industries Co Altman Z-Score?

Ascent Industries Co FRA:SY4 -0.85% 50 Altman Z-Score is 5.59 as of Jun. 24, 2026, which is 118% above its 10-year median of 2.57. GuruFocus rates FRA:SY4 with a GF Score™ of 50/100 and a GF Value™ of €5.84 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,571 Chemicals companies, Ascent Industries Co ranks better than 73.33% 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 5.55 is strong.

Ascent Industries Co has a Altman Z-Score of 5.59, 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 Ascent Industries Co's Altman Z-Score or its related term are showing as below:

FRA:SY4' s Altman Z-Score Range Over the Past 10 Years
Min: 1.43   Med: 2.57   Max: 5.55
Current: 5.55

During the past 13 years, Ascent Industries Co's highest Altman Z-Score was 5.55. The lowest was 1.43. And the median was 2.57.


Ascent Industries Co  (FRA:SY4) 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.


Ascent Industries Co Altman Z-Score Related Terms


Ascent Industries Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ascent Industries Co'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.

Ascent Industries Co Altman Z-Score Chart

Ascent Industries Co 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 3.07 2.73 2.45 2.55 5.50

Ascent Industries Co 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 2.45 3.83 3.90 5.50 5.45

FRA:SY4 vs BLGO, ORGN, GURE: Altman Z-Score Comparison

For the Chemicals subindustry, Ascent Industries Co'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.


Ascent Industries Co Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ascent Industries Co's Altman Z-Score distribution charts can be found below:

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


FRA:SY4
50GF Score
Ascent Industries Co FRA:SY4
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascent Industries Co 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.

Ascent Industries Co'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*0.6409+1.4*0.4269+3.3*-0.0529+0.6*6.0909+1.0*0.7409
=5.59

* 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 €88.76 Mil.
Total Current Assets was €64.28 Mil.
Total Current Liabilities was €7.40 Mil.
Retained Earnings was €37.89 Mil.
Pre-Tax Income was -1.614 + -0.814 + -0.057 + -2.199 = €-4.68 Mil.
Interest Expense was 0 + 0 + 0 + 0.013 = €0.01 Mil.
Revenue was 16.794 + 16.02 + 16.782 + 16.171 = €65.77 Mil.
Market Cap (Today) was €110.50 Mil.
Total Liabilities was €18.14 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
=(64.281 - 7.397)/88.761
=0.6409

X2=Retained Earnings/Total Assets
=37.892/88.761
=0.4269

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-4.684 - 0.013)/88.761
=-0.0529

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=110.501/18.142
=6.0909

X5=Revenue/Total Assets
=65.767/88.761
=0.7409

The zones of discrimination were as such:

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

Ascent Industries Co has a Altman Z-Score of 5.59 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 5.59 mean?
Ascent Industries Co (FRA:SY4) has a Altman Z-Score of 5.59 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ascent Industries Co and its competitors. This is 118% above median its historical median of 2.57. Over the past decade, Ascent Industries Co's Altman Z-Score has ranged from 1.43 to 5.55. According to the industry distribution chart, Ascent Industries Co ranks #419 out of 1571 companies in the Chemicals industry, placing it in the top 26.7%.
Is Ascent Industries Co's Altman Z-Score too high?
Ascent Industries Co's current Altman Z-Score of 5.59 is 118% above median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 5.55. The Chemicals industry median Altman Z-Score is 3.18. Ascent Industries Co's value of 5.59 is 75.8% above this industry median. Based on the distribution chart, Ascent Industries Co ranks #419 out of 1571 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ascent Industries Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ascent Industries Co's Altman Z-Score compare to BLGO and ORGN?
According to the Chemicals industry distribution chart, Ascent Industries Co ranks #419 out of 1571 companies for Altman Z-Score. This puts Ascent Industries Co in the upper half of its industry. The industry median Altman Z-Score is 3.18. Ascent Industries Co's value of 5.59 is 75.8% above this benchmark. Historically, Ascent Industries Co's own Altman Z-Score has ranged from 1.43 to 5.55 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 3.18, Ascent Industries Co 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.18, based on 1,571 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. Ascent Industries Co's current Altman Z-Score of 5.59 is 75.8% 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 Ascent Industries Co and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascent Industries Co's current Altman Z-Score is 5.59, which is 118% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascent Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Ascent Industries Co (FRA:SY4) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.84, compared to a current price of €11.70 — trading 100.3% above its estimated fair value. The current Altman Z-Score is 5.59, which is 118% above median its 10-year median of 2.57 and 75.8% above the Chemicals industry median of 3.18. Ascent Industries Co's overall GF Score™ is 50/100 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 Ascent Industries Co (FRA:SY4), the current Altman Z-Score is 5.59 as of Jun. 24, 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 Ascent Industries Co (FRA:SY4) Overvalued in 2026?

Based on GuruFocus' analysis, Ascent Industries Co stock appears to be overvalued. The current stock price of €11.70 is trading 100.3% above its estimated GF Value™ of €5.84. GuruFocus considers Ascent Industries Co to be Significantly Overvalued.

Key valuation signals for FRA:SY4:

  • Altman Z-Score: 5.59 (118% above median its 10-year median of 2.57)
  • GF Value™: €5.84 vs. price of €11.70 (100.3% above fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 75.8% above the Chemicals median (#419 of 1571)

No single metric tells the full story. See the FRA:SY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ascent Industries Co Business Description

Other Exchanges ACNT:USA
Address 20 N. Martingale Road, Suite 430, Schaumburg, IL, USA, 60173
Ascent Industries Co is a specialty chemicals company focused on the development, production, and distribution of tailored, performance-driven chemical solutions. Its customers are spread across energy, household, industrial and institutional (HII), personal care, coatings, adhesives, sealants and elastomers (CASE), agriculture, water treatment, pulp and paper, construction, automotive, and other industrial markets. The company's core product portfolio includes surfactants, defoamers, lubricating agents, flame retardants, and specialty intermediates, offered in both petroleum-based and bio-based formulations. Geographically, it generates maximum revenue from the United States, followed by Mexico, Canada, Honduras, Colombia, the Netherlands, Costa Rica, Japan, and other markets.
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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.70
Price
€5.84
GF Value