Mostostal Zabrze-Holding (FRA:V51) Altman Z-Score: 2.01 (As of Jun. 27, 2026) — Near Median


FRA:V51 Mostostal Zabrze-Holding SA FRA:V51
58 GF Score
Price €1.42
GF Value €1.11
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Mostostal Zabrze-Holding Altman Z-Score?

Mostostal Zabrze-Holding FRA:V51 -0.28% 58 Altman Z-Score is 2.01 as of Jun. 27, 2026, which is 7% above its 10-year median of 1.88. GuruFocus rates FRA:V51 with a GF Score™ of 58/100 and a GF Value™ of €1.11 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,758 Construction companies, Mostostal Zabrze-Holding ranks worse than 57.39% 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 2.01 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.

Mostostal Zabrze-Holding has a Altman Z-Score of 2.01, indicating it is in Grey Zones. This implies that Mostostal Zabrze-Holding 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 Mostostal Zabrze-Holding's Altman Z-Score or its related term are showing as below:

FRA:V51' s Altman Z-Score Range Over the Past 10 Years
Min: 0.69   Med: 1.88   Max: 3.45
Current: 2.01

During the past 13 years, Mostostal Zabrze-Holding's highest Altman Z-Score was 3.45. The lowest was 0.69. And the median was 1.88.


Mostostal Zabrze-Holding  (FRA:V51) 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.


Mostostal Zabrze-Holding Altman Z-Score Related Terms


Mostostal Zabrze-Holding Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mostostal Zabrze-Holding'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.

Mostostal Zabrze-Holding Altman Z-Score Chart

Mostostal Zabrze-Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.38 2.58 3.27 2.31

Mostostal Zabrze-Holding Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 2.31 2.26 2.15 2.04 1.96

FRA:V51 vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Mostostal Zabrze-Holding'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.


Mostostal Zabrze-Holding Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Mostostal Zabrze-Holding's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Mostostal Zabrze-Holding's Altman Z-Score falls into.


FRA:V51
58GF Score
Mostostal Zabrze-Holding SA FRA:V51
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mostostal Zabrze-Holding 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.

Mostostal Zabrze-Holding'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*0.084+1.4*0.2118+3.3*0.0585+0.6*0.6303+1.0*1.0368
=2.01

* 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 €259.2 Mil.
Total Current Assets was €159.4 Mil.
Total Current Liabilities was €137.6 Mil.
Retained Earnings was €54.9 Mil.
Pre-Tax Income was 3.615 + 3.228 + 3.925 + 3.039 = €13.8 Mil.
Interest Expense was -0.291 + -0.517 + -0.363 + -0.185 = €-1.4 Mil.
Revenue was 73.608 + 77.446 + 62.036 + 55.665 = €268.8 Mil.
Market Cap (Today) was €102.6 Mil.
Total Liabilities was €162.8 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
=(159.434 - 137.649)/259.22
=0.084

X2=Retained Earnings/Total Assets
=54.901/259.22
=0.2118

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(13.807 - -1.356)/259.22
=0.0585

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=102.601/162.786
=0.6303

X5=Revenue/Total Assets
=268.755/259.22
=1.0368

The zones of discrimination were as such:

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

Mostostal Zabrze-Holding has a Altman Z-Score of 2.01 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 2.01 mean?
Mostostal Zabrze-Holding (FRA:V51) has a Altman Z-Score of 2.01 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mostostal Zabrze-Holding and its competitors. This is near median its historical median of 1.88. Over the past decade, Mostostal Zabrze-Holding's Altman Z-Score has ranged from 0.69 to 3.45. According to the industry distribution chart, Mostostal Zabrze-Holding ranks #1009 out of 1758 companies in the Construction industry, placing it in the top 57.4%.
Is Mostostal Zabrze-Holding's Altman Z-Score too high?
Mostostal Zabrze-Holding's current Altman Z-Score of 2.01 is near median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 3.45. The Construction industry median Altman Z-Score is 2.35. Mostostal Zabrze-Holding's value of 2.01 is 14.5% below this industry median. Based on the distribution chart, Mostostal Zabrze-Holding ranks #1009 out of 1758 companies in the Construction industry, which is below the industry midpoint. Overall, Mostostal Zabrze-Holding has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mostostal Zabrze-Holding's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Mostostal Zabrze-Holding ranks #1009 out of 1758 companies for Altman Z-Score. This places Mostostal Zabrze-Holding in the lower half of its industry. The industry median Altman Z-Score is 2.35. Mostostal Zabrze-Holding's value of 2.01 is 14.5% below this benchmark. Historically, Mostostal Zabrze-Holding's own Altman Z-Score has ranged from 0.69 to 3.45 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 2.35, Mostostal Zabrze-Holding 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 Construction company?
The median Altman Z-Score among Construction companies is 2.35, based on 1,758 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. Mostostal Zabrze-Holding's current Altman Z-Score of 2.01 is 14.5% 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 Mostostal Zabrze-Holding and its competitors. For the Construction industry, the median Altman Z-Score is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mostostal Zabrze-Holding's current Altman Z-Score is 2.01, which is near median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mostostal Zabrze-Holding stock overvalued right now?
Based on GuruFocus' analysis, Mostostal Zabrze-Holding (FRA:V51) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.11, compared to a current price of €1.42 — trading 27.6% above its estimated fair value. The current Altman Z-Score is 2.01, which is near median its 10-year median of 1.88 and 14.5% below the Construction industry median of 2.35. Mostostal Zabrze-Holding's overall GF Score™ is 58/100 with 9 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 Mostostal Zabrze-Holding (FRA:V51), the current Altman Z-Score is 2.01 as of Jun. 27, 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 Mostostal Zabrze-Holding (FRA:V51) Overvalued in 2026?

Based on GuruFocus' analysis, Mostostal Zabrze-Holding stock appears to be overvalued. The current stock price of €1.42 is trading 27.6% above its estimated GF Value™ of €1.11. GuruFocus considers Mostostal Zabrze-Holding to be Modestly Overvalued.

Key valuation signals for FRA:V51:

  • Altman Z-Score: 2.01 (near median its 10-year median of 1.88)
  • GF Value™: €1.11 vs. price of €1.42 (27.6% above fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 14.5% below the Construction median (#1009 of 1758)

No single metric tells the full story. See the FRA:V51 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mostostal Zabrze-Holding Business Description

Other Exchanges MSZ:Poland
Address Dubois Street 16, Gliwice, POL, 44-100
Mostostal Zabrze-Holding SA is a Poland based company engaged in the business activities of general contracting of industrial projects, including power and environmental protection facilities and installations as well as public utility and commercial buildings, and subcontracting of specialist works. The group offers a comprehensive range of works from design and engineering, civil works, earth- and roadworks, production, and erection of steel structure, delivery, and installation of piping to the installation of process equipment and mechanical plant.
58GF Score

Get the complete analysis for FRA:V51

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

€1.42
Price
€1.11
GF Value