Columbus AS (LTS:0NPJ) Altman Z-Score: 3.57 (As of Jul. 03, 2026) — 15% Above Median


LTS:0NPJ Columbus AS LTS:0NPJ
71 GF Score
Price kr9.94
GF Value kr9.52
Valuation Fairly Valued
! 5 Warning Signs
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What is Columbus AS Altman Z-Score?

Columbus AS LTS:0NPJ 71 Altman Z-Score is 3.57 as of Jul. 03, 2026, which is 15% above its 10-year median of 3.10. GuruFocus rates LTS:0NPJ with a GF Score™ of 71/100 and a GF Value™ of kr9.52 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,766 Software companies, Columbus AS ranks better than 55.86% 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 3.57 is strong.

Columbus AS has a Altman Z-Score of 3.57, 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 Columbus AS's Altman Z-Score or its related term are showing as below:

LTS:0NPJ' s Altman Z-Score Range Over the Past 10 Years
Min: 1.99   Med: 3.1   Max: 6.07
Current: 3.57

During the past 13 years, Columbus AS's highest Altman Z-Score was 6.07. The lowest was 1.99. And the median was 3.10.


Columbus AS  (LTS:0NPJ) 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.


Columbus AS Altman Z-Score Related Terms


Columbus AS Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Columbus AS'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.

Columbus AS Altman Z-Score Chart

Columbus AS 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 3.26 3.06 3.00 3.69 3.56

Columbus AS 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 3.82 3.66 3.67 3.56 3.55

LTS:0NPJ vs IBM, ACN, FISV: Altman Z-Score Comparison

For the Information Technology Services subindustry, Columbus AS'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.


Columbus AS Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Columbus AS's Altman Z-Score distribution charts can be found below:

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


LTS:0NPJ
71GF Score
Columbus AS LTS:0NPJ
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Columbus AS 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.

Columbus AS'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*0.051+1.4*0.5269+3.3*0.0336+0.6*2.3983+1.0*1.2193
=3.57

* 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 kr1,280 Mil.
Total Current Assets was kr455 Mil.
Total Current Liabilities was kr389 Mil.
Retained Earnings was kr674 Mil.
Pre-Tax Income was 13.419 + 18.072 + 0.387 + -3.836 = kr28 Mil.
Interest Expense was -2.441 + -3.296 + -2.253 + -7.036 = kr-15 Mil.
Revenue was 418.047 + 385.47 + 347.144 + 409.887 = kr1,561 Mil.
Market Cap (Today) was kr1,273 Mil.
Total Liabilities was kr531 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
=(454.693 - 389.403)/1279.898
=0.051

X2=Retained Earnings/Total Assets
=674.348/1279.898
=0.5269

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(28.042 - -15.026)/1279.898
=0.0336

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1273.397/530.96
=2.3983

X5=Revenue/Total Assets
=1560.548/1279.898
=1.2193

The zones of discrimination were as such:

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

Columbus AS has a Altman Z-Score of 3.57 indicating it is in Safe 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 3.57 mean?
Columbus AS (LTS:0NPJ) has a Altman Z-Score of 3.57 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Columbus AS and its competitors. This is 15% above median its historical median of 3.10. Over the past decade, Columbus AS's Altman Z-Score has ranged from 1.99 to 6.07. According to the industry distribution chart, Columbus AS ranks #1221 out of 2766 companies in the Software industry, placing it in the top 44.1%.
Is Columbus AS's Altman Z-Score too high?
Columbus AS's current Altman Z-Score of 3.57 is 15% above median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 6.07. The Software industry median Altman Z-Score is 3.11. Columbus AS's value of 3.57 is 14.8% above this industry median. Based on the distribution chart, Columbus AS ranks #1221 out of 2766 companies in the Software industry, which is above the industry midpoint. Overall, Columbus AS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Columbus AS's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, Columbus AS ranks #1221 out of 2766 companies for Altman Z-Score. This puts Columbus AS in the upper half of its industry. The industry median Altman Z-Score is 3.11. Columbus AS's value of 3.57 is 14.8% above this benchmark. Historically, Columbus AS's own Altman Z-Score has ranged from 1.99 to 6.07 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 3.11, Columbus AS 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 a Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,766 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. Columbus AS's current Altman Z-Score of 3.57 is 14.8% 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 Columbus AS and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Columbus AS's current Altman Z-Score is 3.57, which is 15% above median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbus AS stock overvalued right now?
Based on GuruFocus' analysis, Columbus AS (LTS:0NPJ) is currently considered Fairly Valued. The stock's GF Value™ is kr9.52, compared to a current price of kr9.94 — trading 4.4% above its estimated fair value. The current Altman Z-Score is 3.57, which is 15% above median its 10-year median of 3.10 and 14.8% above the Software industry median of 3.11. Columbus AS's overall GF Score™ is 71/100 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 Columbus AS (LTS:0NPJ), the current Altman Z-Score is 3.57 as of Jul. 03, 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 Columbus AS (LTS:0NPJ) Overvalued in 2026?

Based on GuruFocus' analysis, Columbus AS stock appears to be overvalued. The current stock price of kr9.94 is trading 4.4% above its estimated GF Value™ of kr9.52. GuruFocus considers Columbus AS to be Fairly Valued.

Key valuation signals for LTS:0NPJ:

  • Altman Z-Score: 3.57 (15% above median its 10-year median of 3.10)
  • GF Value™: kr9.52 vs. price of kr9.94 (4.4% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 14.8% above the Software median (#1221 of 2766)

No single metric tells the full story. See the LTS:0NPJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Columbus AS Business Description

Other Exchanges COLUM:DenmarkP1F:Germany
Address Lautrupvang 6, Ballerup, DNK, DK-2750
Columbus AS is a digital consultancy company. The group specialises in solving complex challenges for customers in the manufacturing, retail and distribution, food and beverage, and life science industries. It delivers business-critical solutions in areas such as CloudERP, Data & Analytics, Application Management, Digital Commerce, Cybersecurity, AI Innovation, and ESG. The company's geographical segments include Sweden, Denmark, Norway, the UK, the U.S., and Other.
71GF Score

Get the complete analysis for LTS:0NPJ

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

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