The Cigna GroupMEX:CI +0.20%70 Altman Z-Score is 2.82 as of Jun. 26, 2026, which is 56% above its 10-year median of 1.81. GuruFocus rates MEX:CI with a GF Score™ of 70/100 and a GF Value™ of MXN7,459.30 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 15 Healthcare Plans companies, The Cigna Group ranks worse than 73.33% 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 2.79 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.
The Cigna Group has a Altman Z-Score of 2.82, indicating it is in Grey Zones. This implies that The Cigna Group 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 The Cigna Group's Altman Z-Score or its related term are showing as below:
MEX:CI'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.65 Med: 1.81 Max: 5.93
Current: 2.79
During the past 13 years, The Cigna Group's highest Altman Z-Score was 5.93. The lowest was -0.65. And the median was 1.81.
The Cigna Group (MEX:CI) 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.
The Cigna Group Altman Z-Score Related Terms
The Cigna Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for The Cigna Group'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.
MEX:CI vs ELV, HUM, CVS: Altman Z-Score Comparison
For the Healthcare Plans subindustry, The Cigna Group'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.
The Cigna Group Altman Z-Score vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, The Cigna Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where The Cigna Group'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.
The Cigna Group'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
*
-0.0625
+
1.4
*
0.3204
+
3.3
*
0.0649
+
0.6
*
0.6578
+
1.0
*
1.833
=
2.82
* 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.
The Cigna Group (MEX:CI) has a Altman Z-Score of 2.82 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on The Cigna Group and its competitors. This is 56% above median its historical median of 1.81. According to the industry distribution chart, The Cigna Group ranks #11 out of 15 companies in the Healthcare Plans industry, placing it in the top 73.3%.
Is The Cigna Group's Altman Z-Score too high?
The Cigna Group's current Altman Z-Score of 2.82 is 56% above median its 10-year median of 1.81. The Healthcare Plans industry median Altman Z-Score is 4.07. The Cigna Group's value of 2.82 is 30.7% below this industry median. Based on the distribution chart, The Cigna Group ranks #11 out of 15 companies in the Healthcare Plans industry, which is below the industry midpoint. Overall, The Cigna Group has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Cigna Group's Altman Z-Score compare to ELV and HUM?
According to the Healthcare Plans industry distribution chart, The Cigna Group ranks #11 out of 15 companies for Altman Z-Score. This places The Cigna Group in the lower half of its industry. The industry median Altman Z-Score is 4.07. The Cigna Group's value of 2.82 is 30.7% below this benchmark. While the company's 10-year median is 1.81 vs. the industry median of 4.07, The Cigna Group 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 Healthcare Plans company?
The median Altman Z-Score among Healthcare Plans companies is 4.07, based on 15 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. The Cigna Group's current Altman Z-Score of 2.82 is 30.7% 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 The Cigna Group and its competitors. For the Healthcare Plans industry, the median Altman Z-Score is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cigna Group's current Altman Z-Score is 2.82, which is 56% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Cigna Group stock overvalued right now?
Based on GuruFocus' analysis, The Cigna Group (MEX:CI) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN7,459.30, compared to a current price of MXN4,974.06 — trading 33.3% below its estimated fair value. The current Altman Z-Score is 2.82, which is 56% above median its 10-year median of 1.81 and 30.7% below the Healthcare Plans industry median of 4.07. The Cigna Group's overall GF Score™ is 70/100 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 The Cigna Group (MEX:CI), the current Altman Z-Score is 2.82 as of Jun. 26, 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 The Cigna Group (MEX:CI) Overvalued in 2026?
Based on GuruFocus' analysis, The Cigna Group stock appears to be undervalued.
The current stock price of MXN4,974.06 is trading 33.3% below its estimated GF Value™ of MXN7,459.30.
GuruFocus considers The Cigna Group to be Significantly Undervalued.
Key valuation signals for MEX:CI:
Altman Z-Score: 2.82 (56% above median its 10-year median of 1.81)
GF Value™: MXN7,459.30 vs. price of MXN4,974.06 (33.3% below fair value)
Industry Position: 30.7% below the Healthcare Plans median (#11 of 15)
No single metric tells the full story. See the MEX:CI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is with the Department of Defense, and it recently won a multiyear deal with top-tier insurer Centene. In health insurance and other benefits, Cigna primarily serves employers through self-funding arrangements, and the company operates mostly in the US with 16 million US and 2 million international medical members covered as of December 2025.
70GF Score
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