Sabaf SpAMIL:SAB +0.81%69 Altman Z-Score is 1.88 as of Jun. 29, 2026, which is 15% below its 10-year median of 2.20. GuruFocus rates MIL:SAB with a GF Score™ of 69/100 and a GF Value™ of €15.37 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 425 Furnishings, Fixtures & Appliances companies, Sabaf SpA ranks worse than 72.24% 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 1.88 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.
Sabaf SpA has a Altman Z-Score of 1.88, indicating it is in Grey Zones. This implies that Sabaf 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 Sabaf SpA's Altman Z-Score or its related term are showing as below:
MIL:SAB'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.45 Med: 2.2 Max: 4.11
Current: 1.88
During the past 13 years, Sabaf SpA's highest Altman Z-Score was 4.11. The lowest was 1.45. And the median was 2.20.
Sabaf SpA (MIL:SAB) 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.
Sabaf SpA Altman Z-Score Related Terms
Sabaf SpA Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Sabaf 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:SAB vs SN, SGI, MHK: Altman Z-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, Sabaf 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.
Sabaf SpA Altman Z-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sabaf SpA's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sabaf 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.
Sabaf 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
*
0.2413
+
1.4
*
0.2341
+
3.3
*
0.021
+
0.6
*
0.7511
+
1.0
*
0.7421
=
1.88
* 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.
Sabaf SpA (MIL:SAB) has a Altman Z-Score of 1.88 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sabaf SpA and its competitors. This is 15% below median its historical median of 2.20. Over the past decade, Sabaf SpA's Altman Z-Score has ranged from 1.45 to 4.11. According to the industry distribution chart, Sabaf SpA ranks #307 out of 425 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 72.2%.
Is Sabaf SpA's Altman Z-Score too high?
Sabaf SpA's current Altman Z-Score of 1.88 is 15% below median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 4.11. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.77. Sabaf SpA's value of 1.88 is 32.1% below this industry median. Based on the distribution chart, Sabaf SpA ranks #307 out of 425 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Sabaf SpA has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sabaf SpA's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sabaf SpA ranks #307 out of 425 companies for Altman Z-Score. This places Sabaf SpA in the lower half of its industry. The industry median Altman Z-Score is 2.77. Sabaf SpA's value of 1.88 is 32.1% below this benchmark. Historically, Sabaf SpA's own Altman Z-Score has ranged from 1.45 to 4.11 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 2.77, Sabaf 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 2.77, based on 425 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. Sabaf SpA's current Altman Z-Score of 1.88 is 32.1% 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 Sabaf SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sabaf SpA's current Altman Z-Score is 1.88, which is 15% below median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabaf SpA stock overvalued right now?
Based on GuruFocus' analysis, Sabaf SpA (MIL:SAB) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.37, compared to a current price of €12.50 — trading 18.7% below its estimated fair value. The current Altman Z-Score is 1.88, which is 15% below median its 10-year median of 2.20 and 32.1% below the Furnishings, Fixtures & Appliances industry median of 2.77. Sabaf SpA's overall GF Score™ is 69/100 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 Sabaf SpA (MIL:SAB), the current Altman Z-Score is 1.88 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 Sabaf SpA (MIL:SAB) Overvalued in 2026?
Based on GuruFocus' analysis, Sabaf SpA stock appears to be undervalued.
The current stock price of €12.50 is trading 18.7% below its estimated GF Value™ of €15.37.
GuruFocus considers Sabaf SpA to be Modestly Undervalued.
Key valuation signals for MIL:SAB:
Altman Z-Score: 1.88 (15% below median its 10-year median of 2.20)
GF Value™: €15.37 vs. price of €12.50 (18.7% below fair value)
Industry Position: 32.1% below the Furnishings, Fixtures & Appliances median (#307 of 425)
No single metric tells the full story. See the MIL:SAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sabaf SpA is an Italy-based company engaged in manufacturing domestic gas cooking components. It operates in segments, including Gas parts, Hinges, Components for induction cooking, and Electronic components for household appliances. It generates maximum revenue from the Gas parts segment, which offers products like valves, burners, spark plugs, microswitches, injectors, and other components to complete the range. Geographically, it derives a majority of its revenue from Europe (excluding Turkey) and the rest from Turkey, North America, South America, Africa and Middle East, Asia, and Oceania.
69GF Score
Get the complete analysis for MIL:SAB
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:SAB has been successfully added to your 
