HDSN (Hudson Technologies) Altman Z-Score: 4.20 (As of Jun. 29, 2026) — Near Median


HDSN Hudson Technologies Inc HDSN
57 GF Score
Price $5.42
GF Value $8.49
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Hudson Technologies Altman Z-Score?

Hudson Technologies HDSN -2.61% 57 Altman Z-Score is 4.20 as of Jun. 29, 2026, which is 5% below its 10-year median of 4.41. GuruFocus rates HDSN with a GF Score™ of 57/100 and a GF Value™ of $8.49 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,568 Chemicals companies, Hudson Technologies ranks better than 64.67% 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 4.25 is strong.

Hudson Technologies has a Altman Z-Score of 4.20, 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 Hudson Technologies's Altman Z-Score or its related term are showing as below:

HDSN' s Altman Z-Score Range Over the Past 10 Years
Min: -0.04   Med: 4.41   Max: 21.35
Current: 4.25

During the past 13 years, Hudson Technologies's highest Altman Z-Score was 21.35. The lowest was -0.04. And the median was 4.41.


Hudson Technologies  (NAS:HDSN) 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.


Hudson Technologies Altman Z-Score Related Terms


Hudson Technologies Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hudson Technologies'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.

Hudson Technologies Altman Z-Score Chart

Hudson Technologies 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 2.41 6.45 8.38 4.95 4.50

Hudson Technologies 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 4.86 5.57 5.82 4.50 4.36

HDSN vs MNTK, CMT, FF: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Hudson Technologies'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.


Hudson Technologies Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hudson Technologies's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Hudson Technologies's Altman Z-Score falls into.


HDSN
57GF Score
Hudson Technologies Inc HDSN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Hudson Technologies 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.

Hudson Technologies'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*0.4628+1.4*0.4908+3.3*0.0668+0.6*3.1974+1.0*0.8139
=4.20

* 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 $308.9 Mil.
Total Current Assets was $203.1 Mil.
Total Current Liabilities was $60.1 Mil.
Retained Earnings was $151.6 Mil.
Pre-Tax Income was 1.597 + -10.695 + 16.36 + 13.375 = $20.6 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.0 Mil.
Revenue was 60.151 + 44.41 + 74.012 + 72.849 = $251.4 Mil.
Market Cap (Today) was $227.8 Mil.
Total Liabilities was $71.2 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
=(203.084 - 60.129)/308.924
=0.4628

X2=Retained Earnings/Total Assets
=151.612/308.924
=0.4908

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(20.637 - 0)/308.924
=0.0668

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=227.801/71.245
=3.1974

X5=Revenue/Total Assets
=251.422/308.924
=0.8139

The zones of discrimination were as such:

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

Hudson Technologies has a Altman Z-Score of 4.20 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 4.20 mean?
Hudson Technologies (HDSN) has a Altman Z-Score of 4.20 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hudson Technologies and its competitors. This is near median its historical median of 4.41. According to the industry distribution chart, Hudson Technologies ranks #554 out of 1568 companies in the Chemicals industry, placing it in the top 35.3%.
Is Hudson Technologies' Altman Z-Score too high?
Hudson Technologies' current Altman Z-Score of 4.20 is near median its 10-year median of 4.41. The Chemicals industry median Altman Z-Score is 3.13. Hudson Technologies' value of 4.20 is 34.4% above this industry median. Based on the distribution chart, Hudson Technologies ranks #554 out of 1568 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hudson Technologies has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hudson Technologies' Altman Z-Score compare to MNTK and CMT?
According to the Chemicals industry distribution chart, Hudson Technologies ranks #554 out of 1568 companies for Altman Z-Score. This puts Hudson Technologies in the upper half of its industry. The industry median Altman Z-Score is 3.13. Hudson Technologies' value of 4.20 is 34.4% above this benchmark. While the company's 10-year median is 4.41 vs. the industry median of 3.13, Hudson Technologies 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.13, based on 1,568 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. Hudson Technologies's current Altman Z-Score of 4.20 is 34.4% 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 Hudson Technologies and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hudson Technologies's current Altman Z-Score is 4.20, which is near median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudson Technologies stock overvalued right now?
Based on GuruFocus' analysis, Hudson Technologies (HDSN) is currently considered Significantly Undervalued. The stock's GF Value™ is $8.49, compared to a current price of $5.42 — trading 36.2% below its estimated fair value. The current Altman Z-Score is 4.20, which is near median its 10-year median of 4.41 and 34.4% above the Chemicals industry median of 3.13. Hudson Technologies' overall GF Score™ is 57/100 with 4 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 Hudson Technologies (HDSN), the current Altman Z-Score is 4.20 as of Jun. 29, 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 Hudson Technologies (HDSN) Overvalued in 2026?

Based on GuruFocus' analysis, Hudson Technologies stock appears to be undervalued. The current stock price of $5.42 is trading 36.2% below its estimated GF Value™ of $8.49. GuruFocus considers Hudson Technologies to be Significantly Undervalued.

Key valuation signals for HDSN:

  • Altman Z-Score: 4.20 (near median its 10-year median of 4.41)
  • GF Value™: $8.49 vs. price of $5.42 (36.2% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 34.4% above the Chemicals median (#554 of 1568)

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


Hudson Technologies Business Description

Address 300 Tice Boulevard, Suite 290, Woodcliff Lake, NJ, USA, 07677
Hudson Technologies Inc is a refrigerant services company providing solutions to recurring challenges within the refrigeration industry. The company delivers environmentally sustainable offerings, covering the sale of refrigerant gases, recovery, reclamation, and reuse, as well as improving equipment performance through energy efficiency services, emergency air conditioning and refrigeration system repairs, refrigerant disposal, and carbon credit trading. It operates through one reportable segment. Its products and services are used in commercial air conditioning, industrial processing, and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services (mainly reclamation of refrigerants), and RefrigerantSide services performed at customer sites.
57GF Score

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$5.42
Price
$8.49
GF Value