LNDNF (Orron Energy AB) Altman Z-Score: 0.86 (As of Jul. 04, 2026) — Near Median


LNDNF Orron Energy AB LNDNF
54 GF Score
Price $0.88
GF Value $1.01
! 6 Warning Signs
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What is Orron Energy AB Altman Z-Score?

Orron Energy AB LNDNF 54 Altman Z-Score is 0.86 as of Jul. 04, 2026, which is 7% above its 10-year median of 0.80. GuruFocus rates LNDNF with a GF Score™ of 54/100 and a GF Value™ of $1.01. The stock has 6 warning signs investors should review. Among 412 Utilities - Independent Power Producers companies, Orron Energy AB ranks worse than 62.14% 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 0.89 is in distress zone. This implies bankruptcy possibility in the next two years.

Orron Energy AB has a Altman Z-Score of 0.86, 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 Orron Energy AB's Altman Z-Score or its related term are showing as below:

LNDNF' s Altman Z-Score Range Over the Past 10 Years
Min: -12.98   Med: 0.8   Max: 41.2
Current: 0.89

During the past 13 years, Orron Energy AB's highest Altman Z-Score was 41.20. The lowest was -12.98. And the median was 0.80.


Orron Energy AB  (OTCPK:LNDNF) 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.


Orron Energy AB Altman Z-Score Related Terms


Orron Energy AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Orron Energy 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.

Orron Energy AB Altman Z-Score Chart

Orron Energy AB 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 -1.39 4.02 0.93 1.06 0.52

Orron Energy 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 0.68 0.52 0.53 0.52 0.87

Orron Energy AB Altman Z-Score Competitor Comparison

For the Utilities - Renewable subindustry, Orron Energy 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.


Orron Energy AB Altman Z-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Orron Energy AB's Altman Z-Score distribution charts can be found below:

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


LNDNF
54GF Score
Orron Energy AB LNDNF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Orron Energy 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.

Orron Energy 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*0.0902+1.4*-0.0188+3.3*-0.0494+0.6*1.4401+1.0*0.0759
=0.86

* 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 $522.66 Mil.
Total Current Assets was $60.81 Mil.
Total Current Liabilities was $13.64 Mil.
Retained Earnings was $-9.83 Mil.
Pre-Tax Income was -1.272 + -4.918 + -10.211 + -14.302 = $-30.70 Mil.
Interest Expense was -1.272 + -1.288 + -1.174 + -1.153 = $-4.89 Mil.
Revenue was 16.763 + 11.124 + 6.573 + 5.19 = $39.65 Mil.
Market Cap (Today) was $219.09 Mil.
Total Liabilities was $152.14 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
=(60.809 - 13.642)/522.659
=0.0902

X2=Retained Earnings/Total Assets
=-9.827/522.659
=-0.0188

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-30.703 - -4.887)/522.659
=-0.0494

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=219.089/152.139
=1.4401

X5=Revenue/Total Assets
=39.65/522.659
=0.0759

The zones of discrimination were as such:

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

Orron Energy AB has a Altman Z-Score of 0.86 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 0.86 mean?
Orron Energy AB (LNDNF) has a Altman Z-Score of 0.86 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Orron Energy AB and its competitors. This is near median its historical median of 0.80. According to the industry distribution chart, Orron Energy AB ranks #256 out of 412 companies in the Utilities - Independent Power Producers industry, placing it in the top 62.1%.
Is Orron Energy AB's Altman Z-Score too high?
Orron Energy AB's current Altman Z-Score of 0.86 is near median its 10-year median of 0.80. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.23. Orron Energy AB's value of 0.86 is 30.1% below this industry median. Based on the distribution chart, Orron Energy AB ranks #256 out of 412 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Orron Energy AB has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Orron Energy AB's Altman Z-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Orron Energy AB ranks #256 out of 412 companies for Altman Z-Score. This places Orron Energy AB in the lower half of its industry. The industry median Altman Z-Score is 1.23. Orron Energy AB's value of 0.86 is 30.1% below this benchmark. While the company's 10-year median is 0.80 vs. the industry median of 1.23, Orron Energy AB 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 Utilities - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.23, based on 412 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. Orron Energy AB's current Altman Z-Score of 0.86 is 30.1% 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 Orron Energy AB and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orron Energy AB's current Altman Z-Score is 0.86, which is near median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orron Energy AB stock overvalued right now?
Orron Energy AB (LNDNF) has a current Altman Z-Score of 0.86. The stock's GF Value™ is $1.01, compared to a current price of $0.88 — trading 12.5% below its estimated fair value. The current Altman Z-Score is 0.86, which is near median its 10-year median of 0.80 and 30.1% below the Utilities - Independent Power Producers industry median of 1.23. Orron Energy AB's overall GF Score™ is 54/100 with 6 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 Orron Energy AB (LNDNF), the current Altman Z-Score is 0.86 as of Jul. 04, 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 Orron Energy AB (LNDNF) Overvalued in 2026?

Based on GuruFocus' analysis, Orron Energy AB stock appears to be undervalued. The current stock price of $0.88 is trading 12.5% below its estimated GF Value™ of $1.01.

Key valuation signals for LNDNF:

  • Altman Z-Score: 0.86 (near median its 10-year median of 0.80)
  • GF Value™: $1.01 vs. price of $0.88 (12.5% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 30.1% below the Utilities - Independent Power Producers median (#256 of 412)

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


Orron Energy AB Business Description

Address Hovslagargatan 5, Stockholm, SWE, 111 48
Orron Energy AB is an independent renewable energy company with high-quality and low-cost wind and hydro assets in the Nordics. The company operates across the entire renewable energy lifecycle, including project initiation, development, operations, maintenance, and repowering.
54GF Score

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

$0.88
Price
$1.01
GF Value