HMNTY (Hemnet Group AB) Altman Z-Score: 4.97 (As of Jun. 26, 2026) — 66% Below Median


HMNTY Hemnet Group AB HMNTY
79 GF Score
Price $7.26
GF Value $37.08
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Hemnet Group AB Altman Z-Score?

Hemnet Group AB HMNTY 79 Altman Z-Score is 4.97 as of Jun. 26, 2026, which is 66% below its 10-year median of 14.82. GuruFocus rates HMNTY with a GF Score™ of 79/100 and a GF Value™ of $37.08 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 550 Interactive Media companies, Hemnet Group AB ranks better than 67.27% 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 5.11 is strong.

Hemnet Group AB has a Altman Z-Score of 4.97, 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 Hemnet Group AB's Altman Z-Score or its related term are showing as below:

HMNTY' s Altman Z-Score Range Over the Past 10 Years
Min: 5.11   Med: 14.82   Max: 21.91
Current: 5.11

During the past 8 years, Hemnet Group AB's highest Altman Z-Score was 21.91. The lowest was 5.11. And the median was 14.82.


Hemnet Group AB  (OTCPK:HMNTY) 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.


Hemnet Group AB Altman Z-Score Related Terms


Hemnet Group AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hemnet Group 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.

Hemnet Group AB Altman Z-Score Chart

Hemnet Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 17.30 12.37 16.73 21.91 11.08

Hemnet Group 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 21.72 16.16 13.53 11.08 6.96

HMNTY vs GOOGL, META, SPOT: Altman Z-Score Comparison

For the Internet Content & Information subindustry, Hemnet Group 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.


Hemnet Group AB Altman Z-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Hemnet Group AB's Altman Z-Score distribution charts can be found below:

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


HMNTY
79GF Score
Hemnet Group AB HMNTY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Hemnet Group 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.

Hemnet Group 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*0.0292+1.4*0+3.3*0.2867+0.6*5.5042+1.0*0.687
=4.97

* 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 $223.8 Mil.
Total Current Assets was $30.5 Mil.
Total Current Liabilities was $24.0 Mil.
Retained Earnings was $0.0 Mil.
Pre-Tax Income was 6.536 + 13.612 + 17.796 + 24.434 = $62.4 Mil.
Interest Expense was -0.483 + -0.355 + -0.48 + -0.461 = $-1.8 Mil.
Revenue was 26.532 + 37.456 + 39.124 + 50.638 = $153.8 Mil.
Market Cap (Today) was $661.5 Mil.
Total Liabilities was $120.2 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
=(30.535 - 24.009)/223.812
=0.0292

X2=Retained Earnings/Total Assets
=0/223.812
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(62.378 - -1.779)/223.812
=0.2867

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=661.531/120.186
=5.5042

X5=Revenue/Total Assets
=153.75/223.812
=0.687

The zones of discrimination were as such:

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

Hemnet Group AB has a Altman Z-Score of 4.97 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 4.97 mean?
Hemnet Group AB (HMNTY) has a Altman Z-Score of 4.97 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hemnet Group AB and its competitors. This is 66% below median its historical median of 14.82. Over the past decade, Hemnet Group AB's Altman Z-Score has ranged from 5.11 to 21.91. According to the industry distribution chart, Hemnet Group AB ranks #180 out of 550 companies in the Interactive Media industry, placing it in the top 32.7%.
Is Hemnet Group AB's Altman Z-Score too high?
Hemnet Group AB's current Altman Z-Score of 4.97 is 66% below median its 10-year median of 14.82. Over the past 10 years, this metric has ranged from a low of 5.11 to a high of 21.91. The Interactive Media industry median Altman Z-Score is 3.07. Hemnet Group AB's value of 4.97 is 62.2% above this industry median. Based on the distribution chart, Hemnet Group AB ranks #180 out of 550 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Hemnet Group AB has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hemnet Group AB's Altman Z-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Hemnet Group AB ranks #180 out of 550 companies for Altman Z-Score. This puts Hemnet Group AB in the upper half of its industry. The industry median Altman Z-Score is 3.07. Hemnet Group AB's value of 4.97 is 62.2% above this benchmark. Historically, Hemnet Group AB's own Altman Z-Score has ranged from 5.11 to 21.91 over the past decade. While the company's 10-year median is 14.82 vs. the industry median of 3.07, Hemnet Group 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 an Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.07, based on 550 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. Hemnet Group AB's current Altman Z-Score of 4.97 is 62.2% 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 Hemnet Group AB and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hemnet Group AB's current Altman Z-Score is 4.97, which is 66% below median its own 10-year median of 14.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemnet Group AB stock overvalued right now?
Based on GuruFocus' analysis, Hemnet Group AB (HMNTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $37.08, compared to a current price of $7.26 — trading 80.4% below its estimated fair value. The current Altman Z-Score is 4.97, which is 66% below median its 10-year median of 14.82 and 62.2% above the Interactive Media industry median of 3.07. Hemnet Group AB's overall GF Score™ is 79/100 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 Hemnet Group AB (HMNTY), the current Altman Z-Score is 4.97 as of Jun. 26, 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 Hemnet Group AB (HMNTY) Overvalued in 2026?

Based on GuruFocus' analysis, Hemnet Group AB stock appears to be undervalued. The current stock price of $7.26 is trading 80.4% below its estimated GF Value™ of $37.08. GuruFocus considers Hemnet Group AB to be Significantly Undervalued.

Key valuation signals for HMNTY:

  • Altman Z-Score: 4.97 (66% below median its 10-year median of 14.82)
  • GF Value™: $37.08 vs. price of $7.26 (80.4% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 62.2% above the Interactive Media median (#180 of 550)

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


Hemnet Group AB Business Description

Address Sveavagen 9, Stockholm, SWE, 111 57
Hemnet Group AB operates a real estate platform in Sweden. By offering a combination of relevant products, insights, and inspiration, it has built lasting relationships with buyers, sellers, and agents. It generates revenue from sale of listing services or other services. The Sale of services - Listing services, which category refers to revenues from property listings and related additional services, such as Hemnet Plus, Premium and Max. Other services refer to revenues from various forms of advertising on Hemnet's platforms as well as additional services for real estate developers and real estate agents.
79GF Score

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

$7.26
Price
$37.08
GF Value