Muehlbauer Holding AG (LTS:0O2Z) Altman Z-Score: 3.31 (As of Jun. 25, 2026) — 25% Below Median


LTS:0O2Z Muehlbauer Holding AG LTS:0O2Z
77 GF Score
Price €38.80
GF Value €59.26
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Muehlbauer Holding AG Altman Z-Score?

Muehlbauer Holding AG LTS:0O2Z 77 Altman Z-Score is 3.31 as of Jun. 25, 2026, which is 25% below its 10-year median of 4.39. GuruFocus rates LTS:0O2Z with a GF Score™ of 77/100 and a GF Value™ of €59.26 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,455 Hardware companies, Muehlbauer Holding AG ranks worse than 54.58% 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 3.31 is strong.

Muehlbauer Holding AG has a Altman Z-Score of 3.31, 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 Muehlbauer Holding AG's Altman Z-Score or its related term are showing as below:

LTS:0O2Z' s Altman Z-Score Range Over the Past 10 Years
Min: 2.74   Med: 4.39   Max: 6.57
Current: 3.31

During the past 13 years, Muehlbauer Holding AG's highest Altman Z-Score was 6.57. The lowest was 2.74. And the median was 4.39.


Muehlbauer Holding AG  (LTS:0O2Z) 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.


Muehlbauer Holding AG Altman Z-Score Related Terms


Muehlbauer Holding AG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Muehlbauer Holding AG'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.

Muehlbauer Holding AG Altman Z-Score Chart

Muehlbauer Holding AG 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 4.67 2.96 3.12 2.74 3.32

Muehlbauer Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.12 0.00 2.74 0.00 3.32

LTS:0O2Z vs DELL, SNDK, ANET: Altman Z-Score Comparison

For the Computer Hardware subindustry, Muehlbauer Holding AG'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.


Muehlbauer Holding AG Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Muehlbauer Holding AG's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Muehlbauer Holding AG's Altman Z-Score falls into.


LTS:0O2Z
77GF Score
Muehlbauer Holding AG LTS:0O2Z
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Muehlbauer Holding AG 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.

Muehlbauer Holding AG'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*0.3689+1.4*0.3235+3.3*0.0983+0.6*1.9252+1.0*0.9316
=3.31

* 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 Dec. 2025:
Total Assets was €539.1 Mil.
Total Current Assets was €358.6 Mil.
Total Current Liabilities was €159.7 Mil.
Retained Earnings was €174.4 Mil.
Pre-Tax Income was €52.1 Mil.
Interest Expense was €-0.9 Mil.
Revenue was €502.2 Mil.
Market Cap (Today) was €545.0 Mil.
Total Liabilities was €283.1 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
=(358.574 - 159.707)/539.09
=0.3689

X2=Retained Earnings/Total Assets
=174.394/539.09
=0.3235

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(52.051 - -0.942)/539.09
=0.0983

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=544.967/283.065
=1.9252

X5=Revenue/Total Assets
=502.201/539.09
=0.9316

The zones of discrimination were as such:

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

Muehlbauer Holding AG has a Altman Z-Score of 3.31 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 3.31 mean?
Muehlbauer Holding AG (LTS:0O2Z) has a Altman Z-Score of 3.31 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Muehlbauer Holding AG and its competitors. This is 25% below median its historical median of 4.39. Over the past decade, Muehlbauer Holding AG's Altman Z-Score has ranged from 2.74 to 6.57. According to the industry distribution chart, Muehlbauer Holding AG ranks #1340 out of 2455 companies in the Hardware industry, placing it in the top 54.6%.
Is Muehlbauer Holding AG's Altman Z-Score too high?
Muehlbauer Holding AG's current Altman Z-Score of 3.31 is 25% below median its 10-year median of 4.39. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 6.57. The Hardware industry median Altman Z-Score is 3.70. Muehlbauer Holding AG's value of 3.31 is 10.5% below this industry median. Based on the distribution chart, Muehlbauer Holding AG ranks #1340 out of 2455 companies in the Hardware industry, which is below the industry midpoint. Overall, Muehlbauer Holding AG has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Muehlbauer Holding AG's Altman Z-Score compare to DELL and SNDK?
According to the Hardware industry distribution chart, Muehlbauer Holding AG ranks #1340 out of 2455 companies for Altman Z-Score. This places Muehlbauer Holding AG in the lower half of its industry. The industry median Altman Z-Score is 3.70. Muehlbauer Holding AG's value of 3.31 is 10.5% below this benchmark. Historically, Muehlbauer Holding AG's own Altman Z-Score has ranged from 2.74 to 6.57 over the past decade. While the company's 10-year median is 4.39 vs. the industry median of 3.70, Muehlbauer Holding AG 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.70, based on 2,455 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. Muehlbauer Holding AG's current Altman Z-Score of 3.31 is 10.5% 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 Muehlbauer Holding AG and its competitors. For the Hardware industry, the median Altman Z-Score is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muehlbauer Holding AG's current Altman Z-Score is 3.31, which is 25% below median its own 10-year median of 4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muehlbauer Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Muehlbauer Holding AG (LTS:0O2Z) is currently considered Significantly Undervalued. The stock's GF Value™ is €59.26, compared to a current price of €38.80 — trading 34.5% below its estimated fair value. The current Altman Z-Score is 3.31, which is 25% below median its 10-year median of 4.39 and 10.5% below the Hardware industry median of 3.70. Muehlbauer Holding AG's overall GF Score™ is 77/100 with 3 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 Muehlbauer Holding AG (LTS:0O2Z), the current Altman Z-Score is 3.31 as of Jun. 25, 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 Muehlbauer Holding AG (LTS:0O2Z) Overvalued in 2026?

Based on GuruFocus' analysis, Muehlbauer Holding AG stock appears to be undervalued. The current stock price of €38.80 is trading 34.5% below its estimated GF Value™ of €59.26. GuruFocus considers Muehlbauer Holding AG to be Significantly Undervalued.

Key valuation signals for LTS:0O2Z:

  • Altman Z-Score: 3.31 (25% below median its 10-year median of 4.39)
  • GF Value™: €59.26 vs. price of €38.80 (34.5% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 10.5% below the Hardware median (#1340 of 2455)

No single metric tells the full story. See the LTS:0O2Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Muehlbauer Holding AG Business Description

Other Exchanges MUB:Germany
Address Josef Muhlbauer Platz 1, Roding, DEU, 93426
Muehlbauer Holding AG is a German-based technology solutions provider with operations spread across multiple continents. Its business is segregated into three divisions; Precision Parts, Production Equipment and Government Solutions. The Precision Parts segment is associated with precision engineering and surface engineering. The Productions Equipment segment offers die sorting, smart cards, flexible solar technology and RFID/Smart Label technologies and the Government Solutions segment focuses on Identity document (ID) card solutions, document verification solutions, productions facility solutions, border management solutions and e-government solutions.
77GF Score

Get the complete analysis for LTS:0O2Z

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

€38.80
Price
€59.26
GF Value