dorma+kaba Holding AG (LTS:0QMS) Altman Z-Score: 2.48 (As of Jun. 29, 2026) — 33% Below Median


LTS:0QMS dorma+kaba Holding AG LTS:0QMS
67 GF Score
Price CHF52.30
GF Value CHF52.97
Valuation Fairly Valued
! 5 Warning Signs
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What is dorma+kaba Holding AG Altman Z-Score?

dorma+kaba Holding AG LTS:0QMS -1.51% 67 Altman Z-Score is 2.48 as of Jun. 29, 2026, which is 33% below its 10-year median of 3.72. GuruFocus rates LTS:0QMS with a GF Score™ of 67/100 and a GF Value™ of CHF52.97 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,753 Construction companies, dorma+kaba Holding AG ranks better than 54.14% 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 2.48 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.

dorma+kaba Holding AG has a Altman Z-Score of 2.48, indicating it is in Grey Zones. This implies that dorma+kaba Holding AG 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 dorma+kaba Holding AG's Altman Z-Score or its related term are showing as below:

LTS:0QMS' s Altman Z-Score Range Over the Past 10 Years
Min: 1.83   Med: 3.72   Max: 4.43
Current: 2.48

During the past 13 years, dorma+kaba Holding AG's highest Altman Z-Score was 4.43. The lowest was 1.83. And the median was 3.72.


dorma+kaba Holding AG  (LTS:0QMS) 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.


dorma+kaba Holding AG Altman Z-Score Related Terms


dorma+kaba Holding AG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for dorma+kaba 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.

dorma+kaba Holding AG Altman Z-Score Chart

dorma+kaba Holding AG Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.90 1.83 2.31 2.40 2.77

dorma+kaba 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 0.00 2.40 0.00 2.77 0.00

LTS:0QMS vs TT, JCI, CARR: Altman Z-Score Comparison

For the Building Products & Equipment subindustry, dorma+kaba 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.


dorma+kaba Holding AG Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, dorma+kaba Holding AG's Altman Z-Score distribution charts can be found below:

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


LTS:0QMS
67GF Score
dorma+kaba Holding AG LTS:0QMS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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dorma+kaba 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.

dorma+kaba 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*0.2154+1.4*-0.1912+3.3*0.1321+0.6*1.2266+1.0*1.3199
=2.48

* 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 Jun. 2025:
Total Assets was CHF2,175 Mil.
Total Current Assets was CHF1,480 Mil.
Total Current Liabilities was CHF1,012 Mil.
Retained Earnings was CHF-416 Mil.
Pre-Tax Income was CHF253 Mil.
Interest Expense was CHF-34 Mil.
Revenue was CHF2,870 Mil.
Market Cap (Today) was CHF2,175 Mil.
Total Liabilities was CHF1,773 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
=(1479.9 - 1011.6)/2174.5
=0.2154

X2=Retained Earnings/Total Assets
=-415.8/2174.5
=-0.1912

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(253.3 - -33.9)/2174.5
=0.1321

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2174.996/1773.2
=1.2266

X5=Revenue/Total Assets
=2870.1/2174.5
=1.3199

The zones of discrimination were as such:

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

dorma+kaba Holding AG has a Altman Z-Score of 2.48 indicating it is in Grey 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 2.48 mean?
dorma+kaba Holding AG (LTS:0QMS) has a Altman Z-Score of 2.48 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on dorma+kaba Holding AG and its competitors. This is 33% below median its historical median of 3.72. Over the past decade, dorma+kaba Holding AG's Altman Z-Score has ranged from 1.83 to 4.43. According to the industry distribution chart, dorma+kaba Holding AG ranks #804 out of 1753 companies in the Construction industry, placing it in the top 45.9%.
Is dorma+kaba Holding AG's Altman Z-Score too high?
dorma+kaba Holding AG's current Altman Z-Score of 2.48 is 33% below median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 4.43. The Construction industry median Altman Z-Score is 2.33. dorma+kaba Holding AG's value of 2.48 is 6.4% above this industry median. Based on the distribution chart, dorma+kaba Holding AG ranks #804 out of 1753 companies in the Construction industry, which is above the industry midpoint. Overall, dorma+kaba Holding AG has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does dorma+kaba Holding AG's Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, dorma+kaba Holding AG ranks #804 out of 1753 companies for Altman Z-Score. This puts dorma+kaba Holding AG in the upper half of its industry. The industry median Altman Z-Score is 2.33. dorma+kaba Holding AG's value of 2.48 is 6.4% above this benchmark. Historically, dorma+kaba Holding AG's own Altman Z-Score has ranged from 1.83 to 4.43 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 2.33, dorma+kaba Holding AG 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,753 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. dorma+kaba Holding AG's current Altman Z-Score of 2.48 is 6.4% 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 dorma+kaba Holding AG and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. dorma+kaba Holding AG's current Altman Z-Score is 2.48, which is 33% below median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is dorma+kaba Holding AG stock overvalued right now?
Based on GuruFocus' analysis, dorma+kaba Holding AG (LTS:0QMS) is currently considered Fairly Valued. The stock's GF Value™ is CHF52.97, compared to a current price of CHF52.30 — trading 1.3% below its estimated fair value. The current Altman Z-Score is 2.48, which is 33% below median its 10-year median of 3.72 and 6.4% above the Construction industry median of 2.33. dorma+kaba Holding AG's overall GF Score™ is 67/100 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 dorma+kaba Holding AG (LTS:0QMS), the current Altman Z-Score is 2.48 as of Jun. 29, 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 dorma+kaba Holding AG (LTS:0QMS) Overvalued in 2026?

Based on GuruFocus' analysis, dorma+kaba Holding AG stock appears to be undervalued. The current stock price of CHF52.30 is trading 1.3% below its estimated GF Value™ of CHF52.97. GuruFocus considers dorma+kaba Holding AG to be Fairly Valued.

Key valuation signals for LTS:0QMS:

  • Altman Z-Score: 2.48 (33% below median its 10-year median of 3.72)
  • GF Value™: CHF52.97 vs. price of CHF52.30 (1.3% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 6.4% above the Construction median (#804 of 1753)

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


dorma+kaba Holding AG Business Description

Address Hofwisenstrasse 24, Rumlang, CHE, 8153
dorma+kaba Holding AG is a security group that provides smart and secure access solutions and systems in the security industry. The group offers products such as Door Hardware, Entrance Systems, Electronic Access & Data, Mechanical Key Systems, Lodging Systems, Safe Locks, Movable Walls, Key Systems, and dormakaba digital. Its Services are Maintenance, Emergency Callout & Repair, Genuine Spare Parts, Modernization & Upgrades, Installation, Training & Webinars, Consulting, and Digital Services. The company has two operating segments: Access Solutions and Key & Wall Solutions and OEM. It generates the majority of its revenue from the Access Solutions segment.
67GF Score

Get the complete analysis for LTS:0QMS

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

CHF52.30
Price
CHF52.97
GF Value