Radici Pietro Industries & Brands SpA (MIL:RAD) Altman Z-Score: 1.29 (As of Jun. 29, 2026) — Near Median


MIL:RAD Radici Pietro Industries & Brands SpA MIL:RAD
67 GF Score
Price €0.92
GF Value €1.18
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Radici Pietro Industries & Brands SpA Altman Z-Score?

Radici Pietro Industries & Brands SpA MIL:RAD 67 Altman Z-Score is 1.29 as of Jun. 29, 2026, which is 1% below its 10-year median of 1.30. GuruFocus rates MIL:RAD with a GF Score™ of 67/100 and a GF Value™ of €1.18 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 426 Furnishings, Fixtures & Appliances companies, Radici Pietro Industries & Brands SpA ranks worse than 85.45% 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 1.29 is in distress zone. This implies bankruptcy possibility in the next two years.

Radici Pietro Industries & Brands SpA has a Altman Z-Score of 1.29, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Radici Pietro Industries & Brands SpA's Altman Z-Score or its related term are showing as below:

MIL:RAD' s Altman Z-Score Range Over the Past 10 Years
Min: 1.2   Med: 1.3   Max: 1.82
Current: 1.29

During the past 9 years, Radici Pietro Industries & Brands SpA's highest Altman Z-Score was 1.82. The lowest was 1.20. And the median was 1.30.


Radici Pietro Industries & Brands SpA  (MIL:RAD) 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.


Radici Pietro Industries & Brands SpA Altman Z-Score Related Terms


Radici Pietro Industries & Brands SpA Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Radici Pietro Industries & Brands 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.

Radici Pietro Industries & Brands SpA Altman Z-Score Chart

Radici Pietro Industries & Brands SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 1.20 1.26 1.35 1.36 1.30

Radici Pietro Industries & Brands SpA Semi-Annual Data
Dec17 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 1.35 0.00 1.36 0.00 1.30

MIL:RAD vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Radici Pietro Industries & Brands 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.


Radici Pietro Industries & Brands SpA Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Radici Pietro Industries & Brands SpA's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Radici Pietro Industries & Brands SpA's Altman Z-Score falls into.


MIL:RAD
67GF Score
Radici Pietro Industries & Brands SpA MIL:RAD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Radici Pietro Industries & Brands 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.

Radici Pietro Industries & Brands SpA'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*0.3006+1.4*-0.042+3.3*0.0276+0.6*0.1912+1.0*0.7788
=1.29

* 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 Dec. 2025:
Total Assets was €77.67 Mil.
Total Current Assets was €42.26 Mil.
Total Current Liabilities was €18.91 Mil.
Retained Earnings was €-3.26 Mil.
Pre-Tax Income was €1.44 Mil.
Interest Expense was €-0.70 Mil.
Revenue was €60.49 Mil.
Market Cap (Today) was €8.11 Mil.
Total Liabilities was €42.39 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
=(42.255 - 18.907)/77.673
=0.3006

X2=Retained Earnings/Total Assets
=-3.259/77.673
=-0.042

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.444 - -0.702)/77.673
=0.0276

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=8.105/42.392
=0.1912

X5=Revenue/Total Assets
=60.49/77.673
=0.7788

The zones of discrimination were as such:

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

Radici Pietro Industries & Brands SpA has a Altman Z-Score of 1.29 indicating it is in Distress 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 1.29 mean?
Radici Pietro Industries & Brands SpA (MIL:RAD) has a Altman Z-Score of 1.29 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Radici Pietro Industries & Brands SpA and its competitors. This is near median its historical median of 1.30. Over the past decade, Radici Pietro Industries & Brands SpA's Altman Z-Score has ranged from 1.20 to 1.82. According to the industry distribution chart, Radici Pietro Industries & Brands SpA ranks #364 out of 426 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 85.4%.
Is Radici Pietro Industries & Brands SpA's Altman Z-Score too high?
Radici Pietro Industries & Brands SpA's current Altman Z-Score of 1.29 is near median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 1.82. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.78. Radici Pietro Industries & Brands SpA's value of 1.29 is 53.5% below this industry median. Based on the distribution chart, Radici Pietro Industries & Brands SpA ranks #364 out of 426 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Radici Pietro Industries & Brands SpA has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Radici Pietro Industries & Brands SpA's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Radici Pietro Industries & Brands SpA ranks #364 out of 426 companies for Altman Z-Score. This places Radici Pietro Industries & Brands SpA in the lower half of its industry. The industry median Altman Z-Score is 2.78. Radici Pietro Industries & Brands SpA's value of 1.29 is 53.5% below this benchmark. Historically, Radici Pietro Industries & Brands SpA's own Altman Z-Score has ranged from 1.20 to 1.82 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 2.78, Radici Pietro Industries & Brands 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.78, based on 426 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. Radici Pietro Industries & Brands SpA's current Altman Z-Score of 1.29 is 53.5% 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 Radici Pietro Industries & Brands SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Radici Pietro Industries & Brands SpA's current Altman Z-Score is 1.29, which is near median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Radici Pietro Industries & Brands SpA stock overvalued right now?
Based on GuruFocus' analysis, Radici Pietro Industries & Brands SpA (MIL:RAD) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.18, compared to a current price of €0.92 — trading 22% below its estimated fair value. The current Altman Z-Score is 1.29, which is near median its 10-year median of 1.30 and 53.5% below the Furnishings, Fixtures & Appliances industry median of 2.78. Radici Pietro Industries & Brands SpA's overall GF Score™ is 67/100 with 3 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 Radici Pietro Industries & Brands SpA (MIL:RAD), the current Altman Z-Score is 1.29 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 Radici Pietro Industries & Brands SpA (MIL:RAD) Overvalued in 2026?

Based on GuruFocus' analysis, Radici Pietro Industries & Brands SpA stock appears to be undervalued. The current stock price of €0.92 is trading 22% below its estimated GF Value™ of €1.18. GuruFocus considers Radici Pietro Industries & Brands SpA to be Modestly Undervalued.

Key valuation signals for MIL:RAD:

  • Altman Z-Score: 1.29 (near median its 10-year median of 1.30)
  • GF Value™: €1.18 vs. price of €0.92 (22% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 53.5% below the Furnishings, Fixtures & Appliances median (#364 of 426)

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


Radici Pietro Industries & Brands SpA Business Description

Address Via Cavalier Pietro Radici 19, Cazzano Sant'Andrea, Bergamo, ITA, 24026
Radici Pietro Industries & Brands SpA is engaged in the manufacture and marketing of carpets and rugs. The company's product offerings include artificial grasses, textile floor coverings, coverings for furniture, battery covers, mats, etc. Its products are marketed through different brands such as Radici Carpet, Radici Marine, Radici Sport, Radici Automotive, and Sit-In which cater to different industry segments such as textile floor coverings, sporting, marine, and automotive. Geographically, the company generates maximum revenue from its business in Italy followed by other regions of Europe, the United States, and the rest of the world.
67GF Score

Get the complete analysis for MIL:RAD

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

€0.92
Price
€1.18
GF Value