Copper 360 (JSE:CPR) Altman Z-Score: 0.55 (As of Jun. 28, 2026) — 63% Below Median


JSE:CPR Copper 360 Ltd JSE:CPR
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What is Copper 360 Altman Z-Score?

Copper 360 JSE:CPR -2.44% 23 Altman Z-Score is 0.55 as of Jun. 28, 2026, which is 63% below its 10-year median of 1.50. GuruFocus rates JSE:CPR with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 790 Metals & Mining companies, Copper 360 ranks worse than 83.29% 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 0.55 is in distress zone. This implies bankruptcy possibility in the next two years.

Copper 360 has a Altman Z-Score of 0.55, 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 Copper 360's Altman Z-Score or its related term are showing as below:

JSE:CPR' s Altman Z-Score Range Over the Past 10 Years
Min: -0.83   Med: 1.5   Max: 1.92
Current: 0.55

During the past 5 years, Copper 360's highest Altman Z-Score was 1.92. The lowest was -0.83. And the median was 1.50.


Copper 360  (JSE:CPR) 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.


Copper 360 Altman Z-Score Related Terms


Copper 360 Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Copper 360'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.

Copper 360 Altman Z-Score Chart

Copper 360 Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z-Score
0.00 0.00 1.50 -0.83 1.92

Copper 360 Semi-Annual Data
Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 1.50 0.00 -0.83 0.00 1.92

JSE:CPR vs SCCO, FCX: Altman Z-Score Comparison

For the Copper subindustry, Copper 360'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.


Copper 360 Altman Z-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Copper 360's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Copper 360's Altman Z-Score falls into.


JSE:CPR
23GF Score
Copper 360 Ltd JSE:CPR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Copper 360 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.

Copper 360'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*0.055+1.4*-0.378+3.3*-0.1432+0.6*2.3374+1.0*0.0817
=0.55

* 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 Feb. 2026:
Total Assets was R1,753.2 Mil.
Total Current Assets was R366.1 Mil.
Total Current Liabilities was R269.7 Mil.
Retained Earnings was R-662.7 Mil.
Pre-Tax Income was R-350.0 Mil.
Interest Expense was R-99.0 Mil.
Revenue was R143.2 Mil.
Market Cap (Today) was R1,180.1 Mil.
Total Liabilities was R504.9 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
=(366.088 - 269.686)/1753.19
=0.055

X2=Retained Earnings/Total Assets
=-662.728/1753.19
=-0.378

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-349.996 - -98.974)/1753.19
=-0.1432

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1180.057/504.85
=2.3374

X5=Revenue/Total Assets
=143.233/1753.19
=0.0817

The zones of discrimination were as such:

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

Copper 360 has a Altman Z-Score of 0.55 indicating it is in Distress 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 0.55 mean?
Copper 360 (JSE:CPR) has a Altman Z-Score of 0.55 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Copper 360 and its competitors. This is 63% below median its historical median of 1.50. According to the industry distribution chart, Copper 360 ranks #658 out of 790 companies in the Metals & Mining industry, placing it in the top 83.3%.
Is Copper 360's Altman Z-Score too high?
Copper 360's current Altman Z-Score of 0.55 is 63% below median its 10-year median of 1.50. The Metals & Mining industry median Altman Z-Score is 3.43. Copper 360's value of 0.55 is 84% below this industry median. Based on the distribution chart, Copper 360 ranks #658 out of 790 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Copper 360 has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Copper 360's Altman Z-Score compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Copper 360 ranks #658 out of 790 companies for Altman Z-Score. This places Copper 360 in the lower half of its industry. The industry median Altman Z-Score is 3.43. Copper 360's value of 0.55 is 84% below this benchmark. While the company's 10-year median is 1.50 vs. the industry median of 3.43, Copper 360 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.43, based on 790 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. Copper 360's current Altman Z-Score of 0.55 is 84% 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 Copper 360 and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copper 360's current Altman Z-Score is 0.55, which is 63% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copper 360 stock overvalued right now?
Copper 360 (JSE:CPR) has a current Altman Z-Score of 0.55. The current Altman Z-Score is 0.55, which is 63% below median its 10-year median of 1.50 and 84% below the Metals & Mining industry median of 3.43. Copper 360's overall GF Score™ is 23/100 with 5 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 Copper 360 (JSE:CPR), the current Altman Z-Score is 0.55 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.

Copper 360 Business Description

Address Devon Valley Road, Devon Park, Building B1, Vineyard Business Park, Stellenbosch, WC, ZAF, 7600
Copper 360 Ltd is focused on produces copper concentrate from is mining activities and copper cathodes from its oxide ore resources. The project area is situated in the Namaqua Region of the Northern Cape Province, South Africa. The project consists of six historical mining properties ranging between 10 - 30 km from the town of Springbok.
23GF Score

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