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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 2.07 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.
Oil and Gas Exploration and Production AD has a Altman Z-Score of 2.03, indicating it is in Grey Zones. This implies that Oil and Gas Exploration and Production AD 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.
Oil and Gas Exploration and Production AD (LTS:0OMR) 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.
* 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.
Oil and Gas Exploration and Production AD Altman Z-Score Chart
Oil and Gas Exploration and Production AD Annual Data
LTS:0OMR vs COP, EOG, FANG: Altman Z-Score Comparison
For the Oil & Gas E&P subindustry, Oil and Gas Exploration and Production AD'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.
Oil and Gas Exploration and Production AD Altman Z-Score vs Oil & Gas Industry
Oil and Gas Exploration and Production AD 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.
* 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.
Oil and Gas Exploration and Production AD (LTS:0OMR) has a Altman Z-Score of 2.03 as of Jul. 23, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Oil and Gas Exploration and Production AD and its competitors. This is 48% below median its historical median of 3.88. Over the past decade, Oil and Gas Exploration and Production AD's Altman Z-Score has ranged from 2.07 to 7.17. According to the industry distribution chart, Oil and Gas Exploration and Production AD ranks #415 out of 897 companies in the Oil & Gas industry, placing it in the top 46.3%.
Is Oil and Gas Exploration and Production AD's Altman Z-Score too high?
Oil and Gas Exploration and Production AD's current Altman Z-Score of 2.03 is 48% below median its 10-year median of 3.88. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 7.17. The Oil & Gas industry median Altman Z-Score is 1.93. Oil and Gas Exploration and Production AD's value of 2.03 is 5.2% above this industry median. Based on the distribution chart, Oil and Gas Exploration and Production AD ranks #415 out of 897 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Oil and Gas Exploration and Production AD has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Oil and Gas Exploration and Production AD's Altman Z-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Oil and Gas Exploration and Production AD ranks #415 out of 897 companies for Altman Z-Score. This puts Oil and Gas Exploration and Production AD in the upper half of its industry. The industry median Altman Z-Score is 1.93. Oil and Gas Exploration and Production AD's value of 2.03 is 5.2% above this benchmark. Historically, Oil and Gas Exploration and Production AD's own Altman Z-Score has ranged from 2.07 to 7.17 over the past decade. While the company's 10-year median is 3.88 vs. the industry median of 1.93, Oil and Gas Exploration and Production AD 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.93, based on 897 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. Oil and Gas Exploration and Production AD's current Altman Z-Score of 2.03 is 5.2% 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 Oil and Gas Exploration and Production AD and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil and Gas Exploration and Production AD's current Altman Z-Score is 2.03, which is 48% below median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil and Gas Exploration and Production AD stock overvalued right now?
Oil and Gas Exploration and Production AD (LTS:0OMR) has a current Altman Z-Score of 2.03. The stock's GF Value™ is лв14.27, compared to a current price of лв7.60 — trading 46.7% below its estimated fair value. The current Altman Z-Score is 2.03, which is 48% below median its 10-year median of 3.88 and 5.2% above the Oil & Gas industry median of 1.93. Oil and Gas Exploration and Production AD's overall GF Score™ is 63/100 with 4 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 Oil and Gas Exploration and Production AD (LTS:0OMR), the current Altman Z-Score is 2.03 as of Jul. 23, 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 Oil and Gas Exploration and Production AD (LTS:0OMR) Overvalued in 2026?
Based on GuruFocus' analysis, Oil and Gas Exploration and Production AD stock appears to be undervalued.
The current stock price of лв7.60 is trading 46.7% below its estimated GF Value™ of лв14.27.
Key valuation signals for LTS:0OMR:
Altman Z-Score: 2.03 (48% below median its 10-year median of 3.88)
GF Value™: лв14.27 vs. price of лв7.60 (46.7% below fair value)
Industry Position: 5.2% above the Oil & Gas median (#415 of 897)
No single metric tells the full story. See the LTS:0OMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oil and Gas Exploration and Production AD Business Description
Oil and Gas Exploration and Production AD is engaged in prospecting, exploration, development and exploitation of oil and gas fields, as well as processing of crude oil. Some of the services provided by the company - design and conducting of 2D and 3D seismic data acquisition, geological and geophysical data processing and interpretation, mud logging, drilling of exploration and production wells for mineralized water and geothermal energy, well logging, among others.
63GF Score
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