Hansard GlobalHNRDF 37 Altman Z-Score is 0.10 as of Jun. 28, 2026, which is 38% below its 10-year median of 0.16. GuruFocus rates HNRDF with a GF Score™ of 37/100 and a GF Value™ of $1.10. The stock has 8 warning signs investors should review. Among 63 Insurance companies, Hansard Global ranks worse than 90.48% 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.
Warning Sign:
Altman Z-score of 0.1 is in distress zone. This implies bankruptcy possibility in the next two years.
Hansard Global has a Altman Z-Score of 0.10, 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 Hansard Global's Altman Z-Score or its related term are showing as below:
HNRDF'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.1 Med: 0.16 Max: 0.34
Current: 0.1
During the past 13 years, Hansard Global's highest Altman Z-Score was 0.34. The lowest was 0.10. And the median was 0.16.
Hansard Global (OTCPK:HNRDF) 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.
Altman Z-Score does not apply to financial companies.
Hansard Global Altman Z-Score Related Terms
Hansard Global Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Hansard Global'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.
For the Insurance - Life subindustry, Hansard Global'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.
Hansard Global Altman Z-Score vs Insurance Industry
For the Insurance industry and Financial Services sector, Hansard Global's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Hansard Global's Altman Z-Score falls into.
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.
Hansard Global'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
*
0.027
+
1.4
*
-0.0027
+
3.3
*
0.0013
+
0.6
*
0.051
+
1.0
*
0.0357
=
0.10
* 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.
Hansard Global (HNRDF) has a Altman Z-Score of 0.10 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hansard Global and its competitors. This is 38% below median its historical median of 0.16. Over the past decade, Hansard Global's Altman Z-Score has ranged from 0.10 to 0.34. According to the industry distribution chart, Hansard Global ranks #57 out of 63 companies in the Insurance industry, placing it in the top 90.5%.
Is Hansard Global's Altman Z-Score too high?
Hansard Global's current Altman Z-Score of 0.10 is 38% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.34. The Insurance industry median Altman Z-Score is 1.50. Hansard Global's value of 0.10 is 93.3% below this industry median. Based on the distribution chart, Hansard Global ranks #57 out of 63 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Hansard Global has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Hansard Global's Altman Z-Score compare to AFL and MET?
According to the Insurance industry distribution chart, Hansard Global ranks #57 out of 63 companies for Altman Z-Score. This places Hansard Global in the lower half of its industry. The industry median Altman Z-Score is 1.50. Hansard Global's value of 0.10 is 93.3% below this benchmark. Historically, Hansard Global's own Altman Z-Score has ranged from 0.10 to 0.34 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.50, Hansard Global 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 an Insurance company?
The median Altman Z-Score among Insurance companies is 1.50, based on 63 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. Hansard Global's current Altman Z-Score of 0.10 is 93.3% 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 Hansard Global and its competitors. For the Insurance industry, the median Altman Z-Score is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hansard Global's current Altman Z-Score is 0.10, which is 38% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hansard Global stock overvalued right now?
Hansard Global (HNRDF) has a current Altman Z-Score of 0.10. The stock's GF Value™ is $1.10, compared to a current price of $0.61 — trading 44.5% below its estimated fair value. The current Altman Z-Score is 0.10, which is 38% below median its 10-year median of 0.16 and 93.3% below the Insurance industry median of 1.50. Hansard Global's overall GF Score™ is 37/100 with 8 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 Hansard Global (HNRDF), the current Altman Z-Score is 0.10 as of Jun. 28, 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 Hansard Global (HNRDF) Overvalued in 2026?
Based on GuruFocus' analysis, Hansard Global stock appears to be undervalued.
The current stock price of $0.61 is trading 44.5% below its estimated GF Value™ of $1.10.
Key valuation signals for HNRDF:
Altman Z-Score: 0.10 (38% below median its 10-year median of 0.16)
GF Value™: $1.10 vs. price of $0.61 (44.5% below fair value)
Industry Position: 93.3% below the Insurance median (#57 of 63)
No single metric tells the full story. See the HNRDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hansard Global PLC is a holding company. Its activities include the transaction of life assurance business and related activities. It operates in a single segment, being the distribution and servicing of long-term investment products. Geographically, it derives a majority of revenue from the Isle of Man and also has a presence in the Republic of Ireland and the Bahamas. It focuses on helping financial advisors and institutions to provide their clients with savings and investment products in secure life assurance wrappers to meet long-term savings and investment objectives.
37GF Score
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