Telia Lietuva AB (FRA:ZWS) Altman Z-Score: 4.90 (As of Jul. 01, 2026) — 40% Above Median


FRA:ZWS Telia Lietuva AB FRA:ZWS
94 GF Score
Price €2.13
GF Value €1.78
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Telia Lietuva AB Altman Z-Score?

Telia Lietuva AB FRA:ZWS 94 Altman Z-Score is 4.90 as of Jul. 01, 2026, which is 40% above its 10-year median of 3.50. GuruFocus rates FRA:ZWS with a GF Score™ of 94/100 and a GF Value™ of €1.78 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 364 Telecommunication Services companies, Telia Lietuva AB ranks better than 87.91% 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 4.9 is strong.

Telia Lietuva AB has a Altman Z-Score of 4.90, 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 Telia Lietuva AB's Altman Z-Score or its related term are showing as below:

FRA:ZWS' s Altman Z-Score Range Over the Past 10 Years
Min: 1.94   Med: 3.5   Max: 4.9
Current: 4.9

During the past 13 years, Telia Lietuva AB's highest Altman Z-Score was 4.90. The lowest was 1.94. And the median was 3.50.


Telia Lietuva AB  (FRA:ZWS) 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.


Telia Lietuva AB Altman Z-Score Related Terms


Telia Lietuva AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Telia Lietuva AB'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.

Telia Lietuva AB Altman Z-Score Chart

Telia Lietuva AB 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 3.51 3.74 3.74 4.04 4.41

Telia Lietuva AB 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 4.39 4.25 4.53 4.41 4.74

FRA:ZWS vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Telia Lietuva AB'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.


Telia Lietuva AB Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telia Lietuva AB's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Telia Lietuva AB's Altman Z-Score falls into.


FRA:ZWS
94GF Score
Telia Lietuva AB FRA:ZWS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telia Lietuva AB 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.

Telia Lietuva AB'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*0.0695+1.4*0.3538+3.3*0.171+0.6*4.9911+1.0*0.7578
=4.90

* 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 €681.4 Mil.
Total Current Assets was €203.3 Mil.
Total Current Liabilities was €156.0 Mil.
Retained Earnings was €241.1 Mil.
Pre-Tax Income was 29.347 + 26.664 + 28.685 + 26.077 = €110.8 Mil.
Interest Expense was -1.368 + -1.589 + -1.368 + -1.447 = €-5.8 Mil.
Revenue was 128.808 + 140.317 + 125.29 + 121.923 = €516.3 Mil.
Market Cap (Today) was €1,270.1 Mil.
Total Liabilities was €254.5 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
=(203.349 - 155.974)/681.38
=0.0695

X2=Retained Earnings/Total Assets
=241.054/681.38
=0.3538

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(110.773 - -5.772)/681.38
=0.171

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1270.097/254.472
=4.9911

X5=Revenue/Total Assets
=516.338/681.38
=0.7578

The zones of discrimination were as such:

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

Telia Lietuva AB has a Altman Z-Score of 4.90 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 4.90 mean?
Telia Lietuva AB (FRA:ZWS) has a Altman Z-Score of 4.90 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Telia Lietuva AB and its competitors. This is 40% above median its historical median of 3.50. Over the past decade, Telia Lietuva AB's Altman Z-Score has ranged from 1.94 to 4.90. According to the industry distribution chart, Telia Lietuva AB ranks #44 out of 364 companies in the Telecommunication Services industry, placing it in the top 12.1%.
Is Telia Lietuva AB's Altman Z-Score too high?
Telia Lietuva AB's current Altman Z-Score of 4.90 is 40% above median its 10-year median of 3.50. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 4.90. The Telecommunication Services industry median Altman Z-Score is 1.72. Telia Lietuva AB's value of 4.90 is 185.7% above this industry median. Based on the distribution chart, Telia Lietuva AB ranks #44 out of 364 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Telia Lietuva AB has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telia Lietuva AB's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telia Lietuva AB ranks #44 out of 364 companies for Altman Z-Score. This places Telia Lietuva AB in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.72. Telia Lietuva AB's value of 4.90 is 185.7% above this benchmark. Historically, Telia Lietuva AB's own Altman Z-Score has ranged from 1.94 to 4.90 over the past decade. While the company's 10-year median is 3.50 vs. the industry median of 1.72, Telia Lietuva AB 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.72, based on 364 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. Telia Lietuva AB's current Altman Z-Score of 4.90 is 185.7% 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 Telia Lietuva AB and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telia Lietuva AB's current Altman Z-Score is 4.90, which is 40% above median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telia Lietuva AB stock overvalued right now?
Based on GuruFocus' analysis, Telia Lietuva AB (FRA:ZWS) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.78, compared to a current price of €2.13 — trading 19.7% above its estimated fair value. The current Altman Z-Score is 4.90, which is 40% above median its 10-year median of 3.50 and 185.7% above the Telecommunication Services industry median of 1.72. Telia Lietuva AB's overall GF Score™ is 94/100 with 3 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 Telia Lietuva AB (FRA:ZWS), the current Altman Z-Score is 4.90 as of Jul. 01, 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 Telia Lietuva AB (FRA:ZWS) Overvalued in 2026?

Based on GuruFocus' analysis, Telia Lietuva AB stock appears to be overvalued. The current stock price of €2.13 is trading 19.7% above its estimated GF Value™ of €1.78. GuruFocus considers Telia Lietuva AB to be Modestly Overvalued.

Key valuation signals for FRA:ZWS:

  • Altman Z-Score: 4.90 (40% above median its 10-year median of 3.50)
  • GF Value™: €1.78 vs. price of €2.13 (19.7% above fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 185.7% above the Telecommunication Services median (#44 of 364)

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


Telia Lietuva AB Business Description

Other Exchanges TEL1L:Lithuania
Address Saltoniskiu Street 7A, Vilnius, LTU, 08126
Telia Lietuva AB provides telecommunications, TV, and IT services to business and residential customers in the Republic of Lithuania. The company offers mobile connections, internet services, e-sims, television and OTT subscriptions, network and computer equipment, enterprise internet services, etc. Its operating segments are: Business customer segment (B2B), Private customer segment (B2C), and Other. Maximum revenue is generated from the B2C segment, which is responsible for service and customer care for private customers. The B2B segment is responsible for services sales and customer care for business customers and operators, including retail and wholesale telecommunication and IT services; and the Other segment includes the technology division and support units' financial performance.
94GF Score

Get the complete analysis for FRA:ZWS

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

€2.13
Price
€1.78
GF Value