What is Braga Moro Sistemi di Energia SpA Altman Z-Score?
Braga Moro Sistemi di Energia SpAMIL:BRM 13 Altman Z-Score is 2.18 as of Jun. 30, 2026, which is 22% above its 10-year median of 1.79. GuruFocus rates MIL:BRM with a GF Score™ of 13/100. The stock has 7 warning signs investors should review. Among 2,459 Hardware companies, Braga Moro Sistemi di Energia SpA ranks worse than 73.04% 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 2.18 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.
Braga Moro Sistemi di Energia SpA has a Altman Z-Score of 2.18, indicating it is in Grey Zones. This implies that Braga Moro Sistemi di Energia SpA 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 Braga Moro Sistemi di Energia SpA's Altman Z-Score or its related term are showing as below:
MIL:BRM'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.79 Med: 1.79 Max: 2.18
Current: 2.18
During the past 3 years, Braga Moro Sistemi di Energia SpA's highest Altman Z-Score was 2.18. The lowest was 1.79. And the median was 1.79.
Braga Moro Sistemi di Energia SpA (MIL:BRM) 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.
Braga Moro Sistemi di Energia SpA Altman Z-Score Chart
Braga Moro Sistemi di Energia SpA Annual Data
Trend
Dec23
Dec24
Dec25
Altman Z-Score
0.00
0.00
1.79
Braga Moro Sistemi di Energia SpA Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Altman Z-Score
0.00
0.00
0.00
0.00
1.79
MIL:BRM vs APH, GLW, TEL: Altman Z-Score Comparison
For the Electronic Components subindustry, Braga Moro Sistemi di Energia 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.
Braga Moro Sistemi di Energia SpA Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Braga Moro Sistemi di Energia SpA's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Braga Moro Sistemi di Energia SpA's Altman Z-Score falls into.
Braga Moro Sistemi di Energia SpA 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.
Braga Moro Sistemi di Energia SpA (MIL:BRM) has a Altman Z-Score of 2.18 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Braga Moro Sistemi di Energia SpA and its competitors. This is 22% above median its historical median of 1.79. Over the past decade, Braga Moro Sistemi di Energia SpA's Altman Z-Score has ranged from 1.79 to 2.18. According to the industry distribution chart, Braga Moro Sistemi di Energia SpA ranks #1796 out of 2459 companies in the Hardware industry, placing it in the top 73%.
Is Braga Moro Sistemi di Energia SpA's Altman Z-Score too high?
Braga Moro Sistemi di Energia SpA's current Altman Z-Score of 2.18 is 22% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 2.18. The Hardware industry median Altman Z-Score is 3.60. Braga Moro Sistemi di Energia SpA's value of 2.18 is 39.4% below this industry median. Based on the distribution chart, Braga Moro Sistemi di Energia SpA ranks #1796 out of 2459 companies in the Hardware industry, which is below the industry midpoint. Overall, Braga Moro Sistemi di Energia SpA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Braga Moro Sistemi di Energia SpA's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Braga Moro Sistemi di Energia SpA ranks #1796 out of 2459 companies for Altman Z-Score. This places Braga Moro Sistemi di Energia SpA in the lower half of its industry. The industry median Altman Z-Score is 3.60. Braga Moro Sistemi di Energia SpA's value of 2.18 is 39.4% below this benchmark. Historically, Braga Moro Sistemi di Energia SpA's own Altman Z-Score has ranged from 1.79 to 2.18 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 3.60, Braga Moro Sistemi di Energia SpA 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 3.60, based on 2,459 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. Braga Moro Sistemi di Energia SpA's current Altman Z-Score of 2.18 is 39.4% 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 Braga Moro Sistemi di Energia SpA and its competitors. For the Hardware industry, the median Altman Z-Score is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Braga Moro Sistemi di Energia SpA's current Altman Z-Score is 2.18, which is 22% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Braga Moro Sistemi di Energia SpA stock overvalued right now?
Braga Moro Sistemi di Energia SpA (MIL:BRM) has a current Altman Z-Score of 2.18. The current Altman Z-Score is 2.18, which is 22% above median its 10-year median of 1.79 and 39.4% below the Hardware industry median of 3.60. Braga Moro Sistemi di Energia SpA's overall GF Score™ is 13/100 with 7 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 Braga Moro Sistemi di Energia SpA (MIL:BRM), the current Altman Z-Score is 2.18 as of Jun. 30, 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.
Braga Moro Sistemi di Energia SpA Business Description
Braga Moro Sistemi di Energia SpA specializes in the design and manufacturing of electronic components and high-performance electronic solutions. Its products include Power Stations: Direct current (DC) power supplies that find application in telecommunications and information technology; UPS: uninterruptible power supplies for alternating current (AC) applications, mainly used in the IT sector; Accumulator batteries: backup capacity adjustable according to needs and applications (Pb, Gel, Ni-Cd, Ni-Mh, Li); Patch systems and integrated solutions for fixed and mobile telephony; and DC/DC and AC/DC converters.
13GF Score
Get the complete analysis for MIL:BRM
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:BRM has been successfully added to your 