Energy Services of America (FRA:YF0) Altman Z-Score: 4.66 (As of Jul. 02, 2026) — 72% Above Median


FRA:YF0 Energy Services of America Corp FRA:YF0
62 GF Score
Price €15.96
GF Value €8.91
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Energy Services of America Altman Z-Score?

Energy Services of America FRA:YF0 -2.44% 62 Altman Z-Score is 4.66 as of Jul. 02, 2026, which is 72% above its 10-year median of 2.71. GuruFocus rates FRA:YF0 with a GF Score™ of 62/100 and a GF Value™ of €8.91 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,753 Construction companies, Energy Services of America ranks better than 83.11% 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 4.65 is strong.

Energy Services of America has a Altman Z-Score of 4.66, 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 Energy Services of America's Altman Z-Score or its related term are showing as below:

FRA:YF0' s Altman Z-Score Range Over the Past 10 Years
Min: 1.46   Med: 2.71   Max: 4.65
Current: 4.65

During the past 13 years, Energy Services of America's highest Altman Z-Score was 4.65. The lowest was 1.46. And the median was 2.71.


Energy Services of America  (FRA:YF0) 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.


Energy Services of America Altman Z-Score Related Terms


Energy Services of America Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Energy Services of America'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.

Energy Services of America Altman Z-Score Chart

Energy Services of America Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.95 2.68 4.18 2.88

Energy Services of America 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 3.59 3.01 2.88 3.05 4.07

FRA:YF0 vs PHOE, MTRX, MCDIF: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Energy Services of America'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.


Energy Services of America Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Energy Services of America's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Energy Services of America's Altman Z-Score falls into.


FRA:YF0
62GF Score
Energy Services of America Corp FRA:YF0
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energy Services of America 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.

Energy Services of America'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*0.1825+1.4*-0.007+3.3*0.0831+0.6*3.1899+1.0*2.2581
=4.66

* 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 €167.7 Mil.
Total Current Assets was €106.6 Mil.
Total Current Liabilities was €76.0 Mil.
Retained Earnings was €-1.2 Mil.
Pre-Tax Income was 0.356 + 3.279 + 5.403 + 1.925 = €11.0 Mil.
Interest Expense was -0.538 + -0.845 + -0.911 + -0.677 = €-3.0 Mil.
Revenue was 80.595 + 97.452 + 110.824 + 89.823 = €378.7 Mil.
Market Cap (Today) was €310.0 Mil.
Total Liabilities was €97.2 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
=(106.603 - 75.993)/167.708
=0.1825

X2=Retained Earnings/Total Assets
=-1.17/167.708
=-0.007

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(10.963 - -2.971)/167.708
=0.0831

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=310.011/97.184
=3.1899

X5=Revenue/Total Assets
=378.694/167.708
=2.2581

The zones of discrimination were as such:

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

Energy Services of America has a Altman Z-Score of 4.66 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 4.66 mean?
Energy Services of America (FRA:YF0) has a Altman Z-Score of 4.66 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Energy Services of America and its competitors. This is 72% above median its historical median of 2.71. Over the past decade, Energy Services of America's Altman Z-Score has ranged from 1.46 to 4.65. According to the industry distribution chart, Energy Services of America ranks #296 out of 1753 companies in the Construction industry, placing it in the top 16.9%.
Is Energy Services of America's Altman Z-Score too high?
Energy Services of America's current Altman Z-Score of 4.66 is 72% above median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 4.65. The Construction industry median Altman Z-Score is 2.33. Energy Services of America's value of 4.66 is 100% above this industry median. Based on the distribution chart, Energy Services of America ranks #296 out of 1753 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Energy Services of America has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energy Services of America's Altman Z-Score compare to PHOE and MTRX?
According to the Construction industry distribution chart, Energy Services of America ranks #296 out of 1753 companies for Altman Z-Score. This places Energy Services of America in the top 17% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.33. Energy Services of America's value of 4.66 is 100% above this benchmark. Historically, Energy Services of America's own Altman Z-Score has ranged from 1.46 to 4.65 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 2.33, Energy Services of America 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,753 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. Energy Services of America's current Altman Z-Score of 4.66 is 100% 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 Energy Services of America and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Services of America's current Altman Z-Score is 4.66, which is 72% above median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Services of America stock overvalued right now?
Based on GuruFocus' analysis, Energy Services of America (FRA:YF0) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.91, compared to a current price of €15.96 — trading 79.1% above its estimated fair value. The current Altman Z-Score is 4.66, which is 72% above median its 10-year median of 2.71 and 100% above the Construction industry median of 2.33. Energy Services of America's overall GF Score™ is 62/100 with 5 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 Energy Services of America (FRA:YF0), the current Altman Z-Score is 4.66 as of Jul. 02, 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 Energy Services of America (FRA:YF0) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Services of America stock appears to be overvalued. The current stock price of €15.96 is trading 79.1% above its estimated GF Value™ of €8.91. GuruFocus considers Energy Services of America to be Significantly Overvalued.

Key valuation signals for FRA:YF0:

  • Altman Z-Score: 4.66 (72% above median its 10-year median of 2.71)
  • GF Value™: €8.91 vs. price of €15.96 (79.1% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 100% above the Construction median (#296 of 1753)

No single metric tells the full story. See the FRA:YF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energy Services of America Business Description

Other Exchanges ESOA:USA
Address 75 West 3rd Avenue, Huntington, WV, USA, 25701
Energy Services of America Corporation is engaged in providing contracting services for energy-related companies. The company is predominantly engaged in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It services the gas, petroleum, power, chemical, and automotive industries and does incidental work such as water and sewer projects. Energy Service's other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services, and other services related to pipeline construction.
62GF Score

Get the complete analysis for FRA:YF0

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

€15.96
Price
€8.91
GF Value