Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Getinge ABLTS:0GZV -0.41%73 Altman Z-Score is 2.87 as of Jul. 27, 2026, which is 10% above its 10-year median of 2.61. GuruFocus rates LTS:0GZV with a GF Score™ of 73/100 and a GF Value™ of kr206.02 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Getinge AB ranks worse than 50.81% 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 2.87 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Getinge AB has a Altman Z-Score of 2.87, indicating it is in Grey Zones. This implies that Getinge AB is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Getinge AB's Altman Z-Score or its related term are showing as below:
LTS:0GZV'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.3 Med: 2.61 Max: 5.04
Current: 2.87
During the past 13 years, Getinge AB's highest Altman Z-Score was 5.04. The lowest was 1.30. And the median was 2.61.
Getinge AB (LTS:0GZV) 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.
Getinge AB Altman Z-Score Related Terms
Getinge AB Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Getinge 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.
LTS:0GZV vs ABT, SYK, MDT: Altman Z-Score Comparison
For the Medical Devices subindustry, Getinge 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.
Getinge AB Altman Z-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Getinge AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Getinge 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.
Getinge 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
*
0.0651
+
1.4
*
0.3743
+
3.3
*
0.0752
+
0.6
*
2.3784
+
1.0
*
0.5968
=
2.87
* 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.
Getinge AB (LTS:0GZV) has a Altman Z-Score of 2.87 as of Jul. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Getinge AB and its competitors. This is 10% above median its historical median of 2.61. Over the past decade, Getinge AB's Altman Z-Score has ranged from 1.30 to 5.04. According to the industry distribution chart, Getinge AB ranks #409 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 50.8%.
Is Getinge AB's Altman Z-Score too high?
Getinge AB's current Altman Z-Score of 2.87 is 10% above median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 5.04. The Medical Devices & Instruments industry median Altman Z-Score is 2.95. Getinge AB's value of 2.87 is 2.7% below this industry median. Based on the distribution chart, Getinge AB ranks #409 out of 805 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Getinge AB has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Getinge AB's Altman Z-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Getinge AB ranks #409 out of 805 companies for Altman Z-Score. This places Getinge AB in the lower half of its industry. The industry median Altman Z-Score is 2.95. Getinge AB's value of 2.87 is 2.7% below this benchmark. Historically, Getinge AB's own Altman Z-Score has ranged from 1.30 to 5.04 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 2.95, Getinge 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 a Medical Devices & Instruments company?
The median Altman Z-Score among Medical Devices & Instruments companies is 2.95, based on 805 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. Getinge AB's current Altman Z-Score of 2.87 is 2.7% 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 Getinge AB and its competitors. For the Medical Devices & Instruments industry, the median Altman Z-Score is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Getinge AB's current Altman Z-Score is 2.87, which is 10% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Getinge AB stock overvalued right now?
Based on GuruFocus' analysis, Getinge AB (LTS:0GZV) is currently considered Modestly Overvalued. The stock's GF Value™ is kr206.02, compared to a current price of kr228.55 — trading 10.9% above its estimated fair value. The current Altman Z-Score is 2.87, which is 10% above median its 10-year median of 2.61 and 2.7% below the Medical Devices & Instruments industry median of 2.95. Getinge AB's overall GF Score™ is 73/100 with 10 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 Getinge AB (LTS:0GZV), the current Altman Z-Score is 2.87 as of Jul. 27, 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 Getinge AB (LTS:0GZV) Overvalued in 2026?
Based on GuruFocus' analysis, Getinge AB stock appears to be overvalued.
The current stock price of kr228.55 is trading 10.9% above its estimated GF Value™ of kr206.02.
GuruFocus considers Getinge AB to be Modestly Overvalued.
Key valuation signals for LTS:0GZV:
Altman Z-Score: 2.87 (10% above median its 10-year median of 2.61)
GF Value™: kr206.02 vs. price of kr228.55 (10.9% above fair value)
Industry Position: 2.7% below the Medical Devices & Instruments median (#409 of 805)
No single metric tells the full story. See the LTS:0GZV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Getinge, headquartered in Gothenburg, Sweden, manufactures a wide range of products for use in acute care, surgical, and life sciences in the hospital, pharmaceutical, and research settings. The company reports in three segments: acute care therapies (52% of revenue), surgical workflows (35%), and life sciences (13%). Product areas include ventilators, surgical stents, life support systems, sterilizers, surgical tables, and sterile transfer systems. Getinge derives revenue from a broad geographic footprint, with the Americas accounting for 45% of sales, Europe, Middle East, and Africa 35%, and Asia-Pacific the remaining 25%.
73GF Score
Get the complete analysis for LTS:0GZV
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
LTS:0GZV has been successfully added to your 
