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 0.04 is in distress zone. This implies bankruptcy possibility in the next two years.
UMT United Mobility Technology AG has a Altman Z-Score of 0.06, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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 UMT United Mobility Technology AG's Altman Z-Score or its related term are showing as below:
HAM:UMD'
s Altman Z-Score Range Over the Past 10 Years
Min: -8.89 Med: 1.61 Max: 26.75
Current: 0.04
During the past 13 years, UMT United Mobility Technology AG's highest Altman Z-Score was 26.75. The lowest was -8.89. And the median was 1.61.
UMT United Mobility Technology AG (HAM:UMD) 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.
* 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.
UMT United Mobility Technology AG Altman Z-Score Chart
HAM:UMD vs MSFT, ORCL, PLTR: Altman Z-Score Comparison
For the Software - Infrastructure subindustry, UMT United Mobility Technology AG'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.
UMT United Mobility Technology AG Altman Z-Score vs Software Industry
For the Software industry and Technology sector, UMT United Mobility Technology AG's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where UMT United Mobility Technology AG's Altman Z-Score falls into.
UMT United Mobility Technology AG 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.
* 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.
UMT United Mobility Technology AG (HAM:UMD) has a Altman Z-Score of 0.06 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on UMT United Mobility Technology AG and its competitors. This is 96% below median its historical median of 1.61. According to the industry distribution chart, UMT United Mobility Technology AG ranks #2292 out of 2766 companies in the Software industry, placing it in the top 82.9%.
Is UMT United Mobility Technology AG's Altman Z-Score too high?
UMT United Mobility Technology AG's current Altman Z-Score of 0.06 is 96% below median its 10-year median of 1.61. The Software industry median Altman Z-Score is 3.11. UMT United Mobility Technology AG's value of 0.06 is 98.1% below this industry median. Based on the distribution chart, UMT United Mobility Technology AG ranks #2292 out of 2766 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, UMT United Mobility Technology AG has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UMT United Mobility Technology AG's Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, UMT United Mobility Technology AG ranks #2292 out of 2766 companies for Altman Z-Score. This places UMT United Mobility Technology AG in the lower half of its industry. The industry median Altman Z-Score is 3.11. UMT United Mobility Technology AG's value of 0.06 is 98.1% below this benchmark. While the company's 10-year median is 1.61 vs. the industry median of 3.11, UMT United Mobility Technology AG 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 Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,766 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. UMT United Mobility Technology AG's current Altman Z-Score of 0.06 is 98.1% 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 UMT United Mobility Technology AG and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UMT United Mobility Technology AG's current Altman Z-Score is 0.06, which is 96% below median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UMT United Mobility Technology AG stock overvalued right now?
Based on GuruFocus' analysis, UMT United Mobility Technology AG (HAM:UMD) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.91, compared to a current price of €1.09 — trading 19.8% above its estimated fair value. The current Altman Z-Score is 0.06, which is 96% below median its 10-year median of 1.61 and 98.1% below the Software industry median of 3.11. UMT United Mobility Technology AG's overall GF Score™ is 37/100 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 UMT United Mobility Technology AG (HAM:UMD), the current Altman Z-Score is 0.06 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 UMT United Mobility Technology AG (HAM:UMD) Overvalued in 2026?
Based on GuruFocus' analysis, UMT United Mobility Technology AG stock appears to be overvalued.
The current stock price of €1.09 is trading 19.8% above its estimated GF Value™ of €0.91.
GuruFocus considers UMT United Mobility Technology AG to be Modestly Overvalued.
Key valuation signals for HAM:UMD:
Altman Z-Score: 0.06 (96% below median its 10-year median of 1.61)
GF Value™: €0.91 vs. price of €1.09 (19.8% above fair value)
Industry Position: 98.1% below the Software median (#2292 of 2766)
No single metric tells the full story. See the HAM:UMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UMT United Mobility Technology AG Business Description
UMT United Mobility Technology AG offers service and solutions for mobile and electronic payment systems and in the field of data analytics. It focuses on industries and companies that are future-oriented and crisis-resistant, as well as have a low degree of digitization in the B2B and B2C sectors. It serves Hotel, infrastructure, automotive, passenger transport, mobile phone service providers and other industries. The company offers solutions especially for large-scale customers such as PAYBACK app. Geographically all the activities are functioned through the region of Germany.
37GF Score
Get the complete analysis for HAM:UMD
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:UMD has been successfully added to your 
