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Metalla Royalty & StreamingFRA:X9C +0.98%81 Altman Z-Score is 23.42 as of Jul. 14, 2026, which is 108% above its 10-year median of 11.24. GuruFocus rates FRA:X9C with a GF Score™ of 81/100 and a GF Value™ of €6.87 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 785 Metals & Mining companies, Metalla Royalty & Streaming ranks better than 92.61% 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 23.88 is strong.
Metalla Royalty & Streaming has a Altman Z-Score of 23.42, 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 Metalla Royalty & Streaming's Altman Z-Score or its related term are showing as below:
FRA:X9C'
s Altman Z-Score Range Over the Past 10 Years
Min: -848.14 Med: 11.24 Max: 44.54
Current: 23.88
During the past 13 years, Metalla Royalty & Streaming's highest Altman Z-Score was 44.54. The lowest was -848.14. And the median was 11.24.
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.
* 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.
For the Other Precious Metals & Mining subindustry, Metalla Royalty & Streaming'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.
Metalla Royalty & Streaming Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Metalla Royalty & Streaming's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Metalla Royalty & Streaming'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.
* 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.
Metalla Royalty & Streaming (FRA:X9C) has a Altman Z-Score of 23.42 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Metalla Royalty & Streaming and its competitors. This is 108% above median its historical median of 11.24. According to the industry distribution chart, Metalla Royalty & Streaming ranks #58 out of 785 companies in the Metals & Mining industry, placing it in the top 7.4%.
Is Metalla Royalty & Streaming's Altman Z-Score too high?
Metalla Royalty & Streaming's current Altman Z-Score of 23.42 is 108% above median its 10-year median of 11.24. The Metals & Mining industry median Altman Z-Score is 3.30. Metalla Royalty & Streaming's value of 23.42 is 609.7% above this industry median. Based on the distribution chart, Metalla Royalty & Streaming ranks #58 out of 785 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Metalla Royalty & Streaming has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metalla Royalty & Streaming's Altman Z-Score compare to HL?
According to the Metals & Mining industry distribution chart, Metalla Royalty & Streaming ranks #58 out of 785 companies for Altman Z-Score. This places Metalla Royalty & Streaming in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.30. Metalla Royalty & Streaming's value of 23.42 is 609.7% above this benchmark. While the company's 10-year median is 11.24 vs. the industry median of 3.30, Metalla Royalty & Streaming 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.30, based on 785 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. Metalla Royalty & Streaming's current Altman Z-Score of 23.42 is 609.7% 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 Metalla Royalty & Streaming and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalla Royalty & Streaming's current Altman Z-Score is 23.42, which is 108% above median its own 10-year median of 11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalla Royalty & Streaming stock overvalued right now?
Based on GuruFocus' analysis, Metalla Royalty & Streaming (FRA:X9C) is currently considered Modestly Undervalued. The stock's GF Value™ is €6.87, compared to a current price of €6.18 — trading 10% below its estimated fair value. The current Altman Z-Score is 23.42, which is 108% above median its 10-year median of 11.24 and 609.7% above the Metals & Mining industry median of 3.30. Metalla Royalty & Streaming's overall GF Score™ is 81/100 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 Metalla Royalty & Streaming (FRA:X9C), the current Altman Z-Score is 23.42 as of Jul. 14, 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 Metalla Royalty & Streaming (FRA:X9C) Overvalued in 2026?
Based on GuruFocus' analysis, Metalla Royalty & Streaming stock appears to be undervalued.
The current stock price of €6.18 is trading 10% below its estimated GF Value™ of €6.87.
GuruFocus considers Metalla Royalty & Streaming to be Modestly Undervalued.
Key valuation signals for FRA:X9C:
Altman Z-Score: 23.42 (108% above median its 10-year median of 11.24)
GF Value™: €6.87 vs. price of €6.18 (10% below fair value)
Industry Position: 609.7% above the Metals & Mining median (#58 of 785)
No single metric tells the full story. See the FRA:X9C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalla Royalty & Streaming Ltd is a precious metals royalty and streaming company that engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It's a pure-play gold and silver streaming and royalty company. It generates revenue from royalties, streams, and other interests. Geographically, the company generates revenue from Australia, Brazil, Mexico, and the USA, with the majority generated from Brazil.
81GF Score
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