Momentum Group ABMMGRF 65 Altman Z-Score is 4.62 as of Jun. 28, 2026, which is 17% below its 10-year median of 5.57. GuruFocus rates MMGRF with a GF Score™ of 65/100 and a GF Value™ of $18.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 153 Industrial Distribution companies, Momentum Group AB ranks better than 78.43% 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 4.74 is strong.
Momentum Group AB has a Altman Z-Score of 4.62, 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 Momentum Group AB's Altman Z-Score or its related term are showing as below:
MMGRF'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.74 Med: 5.57 Max: 8.11
Current: 4.74
During the past 8 years, Momentum Group AB's highest Altman Z-Score was 8.11. The lowest was 4.74. And the median was 5.57.
Momentum Group AB (OTCPK:MMGRF) 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.
Momentum Group AB Altman Z-Score Related Terms
Momentum Group AB Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Momentum Group AB'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.
MMGRF vs GWW, FAST, FERG: Altman Z-Score Comparison
For the Industrial Distribution subindustry, Momentum Group AB'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.
Momentum Group AB Altman Z-Score vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Momentum Group AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Momentum Group AB'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.
Momentum Group AB'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
*
0.1366
+
1.4
*
0.356
+
3.3
*
0.118
+
0.6
*
3.7424
+
1.0
*
1.3257
=
4.62
* 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.
Momentum Group AB (MMGRF) has a Altman Z-Score of 4.62 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Momentum Group AB and its competitors. This is 17% below median its historical median of 5.57. Over the past decade, Momentum Group AB's Altman Z-Score has ranged from 4.74 to 8.11. According to the industry distribution chart, Momentum Group AB ranks #33 out of 153 companies in the Industrial Distribution industry, placing it in the top 21.6%.
Is Momentum Group AB's Altman Z-Score too high?
Momentum Group AB's current Altman Z-Score of 4.62 is 17% below median its 10-year median of 5.57. Over the past 10 years, this metric has ranged from a low of 4.74 to a high of 8.11. The Industrial Distribution industry median Altman Z-Score is 3.30. Momentum Group AB's value of 4.62 is 40% above this industry median. Based on the distribution chart, Momentum Group AB ranks #33 out of 153 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Momentum Group AB has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Momentum Group AB's Altman Z-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Momentum Group AB ranks #33 out of 153 companies for Altman Z-Score. This places Momentum Group AB in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.30. Momentum Group AB's value of 4.62 is 40% above this benchmark. Historically, Momentum Group AB's own Altman Z-Score has ranged from 4.74 to 8.11 over the past decade. While the company's 10-year median is 5.57 vs. the industry median of 3.30, Momentum Group AB 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 an Industrial Distribution company?
The median Altman Z-Score among Industrial Distribution companies is 3.30, based on 153 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. Momentum Group AB's current Altman Z-Score of 4.62 is 40% 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 Momentum Group AB and its competitors. For the Industrial Distribution industry, the median Altman Z-Score is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Momentum Group AB's current Altman Z-Score is 4.62, which is 17% below median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Momentum Group AB stock overvalued right now?
Based on GuruFocus' analysis, Momentum Group AB (MMGRF) is currently considered Significantly Undervalued. The stock's GF Value™ is $18.54, compared to a current price of $11.69 — trading 36.9% below its estimated fair value. The current Altman Z-Score is 4.62, which is 17% below median its 10-year median of 5.57 and 40% above the Industrial Distribution industry median of 3.30. Momentum Group AB's overall GF Score™ is 65/100 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 Momentum Group AB (MMGRF), the current Altman Z-Score is 4.62 as of Jun. 28, 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 Momentum Group AB (MMGRF) Overvalued in 2026?
Based on GuruFocus' analysis, Momentum Group AB stock appears to be undervalued.
The current stock price of $11.69 is trading 36.9% below its estimated GF Value™ of $18.54.
GuruFocus considers Momentum Group AB to be Significantly Undervalued.
Key valuation signals for MMGRF:
Altman Z-Score: 4.62 (17% below median its 10-year median of 5.57)
GF Value™: $18.54 vs. price of $11.69 (36.9% below fair value)
Industry Position: 40% above the Industrial Distribution median (#33 of 153)
No single metric tells the full story. See the MMGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Momentum Group AB operates, develops, and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of some companies that together constitute one of the Nordic region's key suppliers of industrial components, industrial services, and other related services in the industrial sector. The Group's operating segments comprise the business areas Industry and Infrastructure. Industry consists of businesses that offer components and related services to aftermarket customers and OEMs in the industrial sector in the Nordic region. Infrastructure consists of businesses offering products, services and solutions to customers in industrial infrastructure that are critical to a functioning society.
65GF Score
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