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Arterra Bioscience SpAMIL:ARBS -0.33%77 Altman Z-Score is 7.88 as of Jul. 19, 2026, which is 7% above its 10-year median of 7.34. GuruFocus rates MIL:ARBS with a GF Score™ of 77/100 and a GF Value™ of €2.91 (Fairly Valued). Among 928 Biotechnology companies, Arterra Bioscience SpA ranks better than 73.6% 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 7.88 is strong.
Arterra Bioscience SpA has a Altman Z-Score of 7.88, 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 Arterra Bioscience SpA's Altman Z-Score or its related term are showing as below:
MIL:ARBS'
s Altman Z-Score Range Over the Past 10 Years
Min: 5.59 Med: 7.34 Max: 7.95
Current: 7.88
During the past 9 years, Arterra Bioscience SpA's highest Altman Z-Score was 7.95. The lowest was 5.59. And the median was 7.34.
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.
Arterra Bioscience SpA Altman Z-Score Related Terms
Arterra Bioscience SpA Altman Z-Score Historical Data
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The historical data trend for Arterra Bioscience SpA'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.
MIL:ARBS vs VRTX, REGN, ALNY: Altman Z-Score Comparison
For the Biotechnology subindustry, Arterra Bioscience SpA'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.
Arterra Bioscience SpA Altman Z-Score vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Arterra Bioscience SpA's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Arterra Bioscience SpA'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.
* 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.
Arterra Bioscience SpA (MIL:ARBS) has a Altman Z-Score of 7.88 as of Jul. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Arterra Bioscience SpA and its competitors. This is near median its historical median of 7.34. Over the past decade, Arterra Bioscience SpA's Altman Z-Score has ranged from 5.59 to 7.95. According to the industry distribution chart, Arterra Bioscience SpA ranks #245 out of 928 companies in the Biotechnology industry, placing it in the top 26.4%.
Is Arterra Bioscience SpA's Altman Z-Score too high?
Arterra Bioscience SpA's current Altman Z-Score of 7.88 is near median its 10-year median of 7.34. Over the past 10 years, this metric has ranged from a low of 5.59 to a high of 7.95. The Biotechnology industry median Altman Z-Score is 2.55. Arterra Bioscience SpA's value of 7.88 is 209.6% above this industry median. Based on the distribution chart, Arterra Bioscience SpA ranks #245 out of 928 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Arterra Bioscience SpA has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Arterra Bioscience SpA's Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Arterra Bioscience SpA ranks #245 out of 928 companies for Altman Z-Score. This puts Arterra Bioscience SpA in the upper half of its industry. The industry median Altman Z-Score is 2.55. Arterra Bioscience SpA's value of 7.88 is 209.6% above this benchmark. Historically, Arterra Bioscience SpA's own Altman Z-Score has ranged from 5.59 to 7.95 over the past decade. While the company's 10-year median is 7.34 vs. the industry median of 2.55, Arterra Bioscience SpA 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.55, based on 928 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. Arterra Bioscience SpA's current Altman Z-Score of 7.88 is 209.6% 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 Arterra Bioscience SpA and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arterra Bioscience SpA's current Altman Z-Score is 7.88, which is near median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arterra Bioscience SpA stock overvalued right now?
Based on GuruFocus' analysis, Arterra Bioscience SpA (MIL:ARBS) is currently considered Fairly Valued. The stock's GF Value™ is €2.91, compared to a current price of €3.04 — trading 4.5% above its estimated fair value. The current Altman Z-Score is 7.88, which is near median its 10-year median of 7.34 and 209.6% above the Biotechnology industry median of 2.55. Arterra Bioscience SpA's overall GF Score™ is 77/100. 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 Arterra Bioscience SpA (MIL:ARBS), the current Altman Z-Score is 7.88 as of Jul. 19, 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 Arterra Bioscience SpA (MIL:ARBS) Overvalued in 2026?
Based on GuruFocus' analysis, Arterra Bioscience SpA stock appears to be overvalued.
The current stock price of €3.04 is trading 4.5% above its estimated GF Value™ of €2.91.
GuruFocus considers Arterra Bioscience SpA to be Fairly Valued.
Key valuation signals for MIL:ARBS:
Altman Z-Score: 7.88 (near median its 10-year median of 7.34)
GF Value™: €2.91 vs. price of €3.04 (4.5% above fair value)
Industry Position: 209.6% above the Biotechnology median (#245 of 928)
No single metric tells the full story. See the MIL:ARBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arterra Bioscience SpA is a biotechnology company focused on the research and development of ingredients and natural solutions. It engages in the development of technological platforms, employed in the screening of active compounds for different industrial applications; setting up of new extraction processes, aimed at improving the sustainability and yield of interesting compounds; and production of high-tech raw materials with application in different industrial fields.
77GF Score
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