Zhuzhou CRRC Times Electric Co (FRA:ZTX) Altman Z-Score: 3.19 (As of Jul. 03, 2026) — 12% Above Median


FRA:ZTX Zhuzhou CRRC Times Electric Co Ltd FRA:ZTX
93 GF Score
Price €4.00
GF Value €4.69
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Zhuzhou CRRC Times Electric Co Altman Z-Score?

Zhuzhou CRRC Times Electric Co FRA:ZTX -8.68% 93 Altman Z-Score is 3.19 as of Jul. 03, 2026, which is 12% above its 10-year median of 2.84. GuruFocus rates FRA:ZTX with a GF Score™ of 93/100 and a GF Value™ of €4.69 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 994 Transportation companies, Zhuzhou CRRC Times Electric Co ranks better than 66.7% 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.

Zhuzhou CRRC Times Electric Co has a Altman Z-Score of 3.19, 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 Zhuzhou CRRC Times Electric Co's Altman Z-Score or its related term are showing as below:

FRA:ZTX' s Altman Z-Score Range Over the Past 10 Years
Min: 2.37   Med: 2.84   Max: 5.68
Current: 3.12

During the past 13 years, Zhuzhou CRRC Times Electric Co's highest Altman Z-Score was 5.68. The lowest was 2.37. And the median was 2.84.


Zhuzhou CRRC Times Electric Co  (FRA:ZTX) 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.


Zhuzhou CRRC Times Electric Co Altman Z-Score Related Terms


Zhuzhou CRRC Times Electric Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Zhuzhou CRRC Times Electric 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.

Zhuzhou CRRC Times Electric Co Altman Z-Score Chart

Zhuzhou CRRC Times Electric 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 4.66 3.99 2.57 2.93 2.46

Zhuzhou CRRC Times Electric Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 2.73 2.37 2.70 2.46 2.47

FRA:ZTX vs UNP, CSX, NSC: Altman Z-Score Comparison

For the Railroads subindustry, Zhuzhou CRRC Times Electric 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.


Zhuzhou CRRC Times Electric Co Altman Z-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Zhuzhou CRRC Times Electric Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Zhuzhou CRRC Times Electric Co's Altman Z-Score falls into.


FRA:ZTX
93GF Score
Zhuzhou CRRC Times Electric Co Ltd FRA:ZTX
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhuzhou CRRC Times Electric 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.

Zhuzhou CRRC Times Electric 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*0.2625+1.4*0.3689+3.3*0.0657+0.6*2.9193+1.0*0.3918
=3.19

* 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 €9,038 Mil.
Total Current Assets was €5,347 Mil.
Total Current Liabilities was €2,975 Mil.
Retained Earnings was €3,334 Mil.
Pre-Tax Income was 97.6 + 194.091 + 141.751 + 157.359 = €591 Mil.
Interest Expense was -1.144 + -1.621 + -0.331 + 0.306 = €-3 Mil.
Revenue was 640.301 + 1182.928 + 798.316 + 919.924 = €3,541 Mil.
Market Cap (Today) was €9,311 Mil.
Total Liabilities was €3,189 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
=(5346.791 - 2974.654)/9038.304
=0.2625

X2=Retained Earnings/Total Assets
=3334.195/9038.304
=0.3689

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(590.801 - -2.79)/9038.304
=0.0657

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=9310.805/3189.404
=2.9193

X5=Revenue/Total Assets
=3541.469/9038.304
=0.3918

The zones of discrimination were as such:

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

Zhuzhou CRRC Times Electric Co has a Altman Z-Score of 3.19 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 3.19 mean?
Zhuzhou CRRC Times Electric Co (FRA:ZTX) has a Altman Z-Score of 3.19 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Zhuzhou CRRC Times Electric Co and its competitors. This is 12% above median its historical median of 2.84. Over the past decade, Zhuzhou CRRC Times Electric Co's Altman Z-Score has ranged from 2.37 to 5.68. According to the industry distribution chart, Zhuzhou CRRC Times Electric Co ranks #331 out of 994 companies in the Transportation industry, placing it in the top 33.3%.
Is Zhuzhou CRRC Times Electric Co's Altman Z-Score too high?
Zhuzhou CRRC Times Electric Co's current Altman Z-Score of 3.19 is 12% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 5.68. The Transportation industry median Altman Z-Score is 2.27. Zhuzhou CRRC Times Electric Co's value of 3.19 is 40.5% above this industry median. Based on the distribution chart, Zhuzhou CRRC Times Electric Co ranks #331 out of 994 companies in the Transportation industry, which is above the industry midpoint. Overall, Zhuzhou CRRC Times Electric Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhuzhou CRRC Times Electric Co's Altman Z-Score compare to UNP and CSX?
According to the Transportation industry distribution chart, Zhuzhou CRRC Times Electric Co ranks #331 out of 994 companies for Altman Z-Score. This puts Zhuzhou CRRC Times Electric Co in the upper half of its industry. The industry median Altman Z-Score is 2.27. Zhuzhou CRRC Times Electric Co's value of 3.19 is 40.5% above this benchmark. Historically, Zhuzhou CRRC Times Electric Co's own Altman Z-Score has ranged from 2.37 to 5.68 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.27, Zhuzhou CRRC Times Electric 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.27, based on 994 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. Zhuzhou CRRC Times Electric Co's current Altman Z-Score of 3.19 is 40.5% 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 Zhuzhou CRRC Times Electric Co and its competitors. For the Transportation industry, the median Altman Z-Score is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhuzhou CRRC Times Electric Co's current Altman Z-Score is 3.19, which is 12% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhuzhou CRRC Times Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Zhuzhou CRRC Times Electric Co (FRA:ZTX) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.69, compared to a current price of €4.00 — trading 14.7% below its estimated fair value. The current Altman Z-Score is 3.19, which is 12% above median its 10-year median of 2.84 and 40.5% above the Transportation industry median of 2.27. Zhuzhou CRRC Times Electric Co's overall GF Score™ is 93/100 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 Zhuzhou CRRC Times Electric Co (FRA:ZTX), the current Altman Z-Score is 3.19 as of Jul. 03, 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 Zhuzhou CRRC Times Electric Co (FRA:ZTX) Overvalued in 2026?

Based on GuruFocus' analysis, Zhuzhou CRRC Times Electric Co stock appears to be undervalued. The current stock price of €4.00 is trading 14.7% below its estimated GF Value™ of €4.69. GuruFocus considers Zhuzhou CRRC Times Electric Co to be Modestly Undervalued.

Key valuation signals for FRA:ZTX:

  • Altman Z-Score: 3.19 (12% above median its 10-year median of 2.84)
  • GF Value™: €4.69 vs. price of €4.00 (14.7% below fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 40.5% above the Transportation median (#331 of 994)

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


Zhuzhou CRRC Times Electric Co Business Description

Address No. 169, Shidai Road, Shifeng District, Hunan Province, Zhuzhou, CHN, 412001
Zhuzhou CRRC Times Electric Co Ltd is in the R&D, design, manufacturing, and sales of rail transit equipment products and the provision of related services, and has an industrial structure of components, systems, and complete machines. Its products mainly include rail transit electrical equipment, railway engineering machinery, communication signal systems, and others. Meanwhile, the Company actively expands to industries other than rail transit and conducts business in the fields of semiconductors, automobiles, new energy, marine, and industrial operations. The Company operates in the domestic market and overseas markets.
93GF Score

Get the complete analysis for FRA:ZTX

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

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