Indutrade ABIDDWF -7.13%94 Altman Z-Score is 3.92 as of Jun. 28, 2026, which is 12% below its 10-year median of 4.43. GuruFocus rates IDDWF with a GF Score™ of 94/100 and a GF Value™ of $35.44. The stock has 1 warning sign investors should review. Among 153 Industrial Distribution companies, Indutrade AB ranks better than 67.32% 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 4.04 is strong.
Indutrade AB has a Altman Z-Score of 3.92, 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 Indutrade AB's Altman Z-Score or its related term are showing as below:
IDDWF'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.19 Med: 4.43 Max: 7.42
Current: 4.04
During the past 13 years, Indutrade AB's highest Altman Z-Score was 7.42. The lowest was 3.19. And the median was 4.43.
Indutrade AB (OTCPK:IDDWF) 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.
Indutrade AB Altman Z-Score Related Terms
Indutrade AB Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Indutrade 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.
IDDWF vs GWW, FAST, FERG: Altman Z-Score Comparison
For the Industrial Distribution subindustry, Indutrade 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.
Indutrade AB Altman Z-Score vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Indutrade AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Indutrade AB'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.
Indutrade 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
*
0.1967
+
1.4
*
0
+
3.3
*
0.1057
+
0.6
*
4.041
+
1.0
*
0.9137
=
3.92
* 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.
Indutrade AB (IDDWF) has a Altman Z-Score of 3.92 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Indutrade AB and its competitors. This is 12% below median its historical median of 4.43. Over the past decade, Indutrade AB's Altman Z-Score has ranged from 3.19 to 7.42. According to the industry distribution chart, Indutrade AB ranks #50 out of 153 companies in the Industrial Distribution industry, placing it in the top 32.7%.
Is Indutrade AB's Altman Z-Score too high?
Indutrade AB's current Altman Z-Score of 3.92 is 12% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 7.42. The Industrial Distribution industry median Altman Z-Score is 3.30. Indutrade AB's value of 3.92 is 18.8% above this industry median. Based on the distribution chart, Indutrade AB ranks #50 out of 153 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Indutrade AB has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Indutrade AB's Altman Z-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Indutrade AB ranks #50 out of 153 companies for Altman Z-Score. This puts Indutrade AB in the upper half of its industry. The industry median Altman Z-Score is 3.30. Indutrade AB's value of 3.92 is 18.8% above this benchmark. Historically, Indutrade AB's own Altman Z-Score has ranged from 3.19 to 7.42 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 3.30, Indutrade 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 Industrial Distribution company?
The median Altman Z-Score among Industrial Distribution companies is 3.30, based on 153 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. Indutrade AB's current Altman Z-Score of 3.92 is 18.8% 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 Indutrade AB and its competitors. For the Industrial Distribution industry, the median Altman Z-Score is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indutrade AB's current Altman Z-Score is 3.92, which is 12% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indutrade AB stock overvalued right now?
Indutrade AB (IDDWF) has a current Altman Z-Score of 3.92. The stock's GF Value™ is $35.44, compared to a current price of $26.45 — trading 25.4% below its estimated fair value. The current Altman Z-Score is 3.92, which is 12% below median its 10-year median of 4.43 and 18.8% above the Industrial Distribution industry median of 3.30. Indutrade AB's overall GF Score™ is 94/100 with 1 warning sign 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 Indutrade AB (IDDWF), the current Altman Z-Score is 3.92 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 Indutrade AB (IDDWF) Overvalued in 2026?
Based on GuruFocus' analysis, Indutrade AB stock appears to be undervalued.
The current stock price of $26.45 is trading 25.4% below its estimated GF Value™ of $35.44.
Key valuation signals for IDDWF:
Altman Z-Score: 3.92 (12% below median its 10-year median of 4.43)
GF Value™: $35.44 vs. price of $26.45 (25.4% below fair value)
Industry Position: 18.8% above the Industrial Distribution median (#50 of 153)
No single metric tells the full story. See the IDDWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indutrade AB is an industrial group that develops, manufactures, and sells components, systems and services with technical content in selected niches through a vast range of subsidiaries. The group is active in business areas such as; Industrial & Engineering, Infrastructure & Construction, Life Science, Process, Energy & Water, and Technology & Systems Solutions. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and medical technology among others. The group geographically operates in Sweden, Benelux, UK, Ireland, Denmark, Germany, Norway, Finland, Switzerland, and Other, of which maximum revenue is derived from Sweden.
94GF Score
Get the complete analysis for IDDWF
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
IDDWF has been successfully added to your 
