Valuno Group ABNGM:VALUNO +50.54% Altman Z-Score is 4.22 as of Jul. 03, 2026, which is 68% below its 10-year median of 13.09. The stock has 3 warning signs investors should review. Among 662 Capital Markets companies, Valuno Group AB ranks better than 60.27% 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 4.19 is strong.
Valuno Group AB has a Altman Z-Score of 4.22, 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 Valuno Group AB's Altman Z-Score or its related term are showing as below:
NGM:VALUNO'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.63 Med: 13.09 Max: 53.16
Current: 4.19
During the past 8 years, Valuno Group AB's highest Altman Z-Score was 53.16. The lowest was 1.63. And the median was 13.09.
Valuno Group AB (NGM:VALUNO) 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.
Valuno Group AB Altman Z-Score Related Terms
Valuno Group AB Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Valuno 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.
NGM:VALUNO vs MS, GS, SCHW: Altman Z-Score Comparison
For the Capital Markets subindustry, Valuno 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.
Valuno Group AB Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Valuno Group AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Valuno 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.
Valuno 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
*
-0.2836
+
1.4
*
0
+
3.3
*
-0.3583
+
0.6
*
0.1537
+
1.0
*
5.6511
=
4.22
* 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.
Valuno Group AB (NGM:VALUNO) has a Altman Z-Score of 4.22 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Valuno Group AB and its competitors. This is 68% below median its historical median of 13.09. Over the past decade, Valuno Group AB's Altman Z-Score has ranged from 1.63 to 53.16. According to the industry distribution chart, Valuno Group AB ranks #263 out of 662 companies in the Capital Markets industry, placing it in the top 39.7%.
Is Valuno Group AB's Altman Z-Score too high?
Valuno Group AB's current Altman Z-Score of 4.22 is 68% below median its 10-year median of 13.09. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 53.16. The Capital Markets industry median Altman Z-Score is 2.55. Valuno Group AB's value of 4.22 is 65.5% above this industry median. Based on the distribution chart, Valuno Group AB ranks #263 out of 662 companies in the Capital Markets industry, which is above the industry midpoint.
How does Valuno Group AB's Altman Z-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Valuno Group AB ranks #263 out of 662 companies for Altman Z-Score. This puts Valuno Group AB in the upper half of its industry. The industry median Altman Z-Score is 2.55. Valuno Group AB's value of 4.22 is 65.5% above this benchmark. Historically, Valuno Group AB's own Altman Z-Score has ranged from 1.63 to 53.16 over the past decade. While the company's 10-year median is 13.09 vs. the industry median of 2.55, Valuno 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 a Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.55, based on 662 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. Valuno Group AB's current Altman Z-Score of 4.22 is 65.5% 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 Valuno Group AB and its competitors. For the Capital Markets 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. Valuno Group AB's current Altman Z-Score is 4.22, which is 68% below median its own 10-year median of 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valuno Group AB stock overvalued right now?
Based on GuruFocus' analysis, Valuno Group AB (NGM:VALUNO) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.52, compared to a current price of kr0.14 — trading 73.1% below its estimated fair value. The current Altman Z-Score is 4.22, which is 68% below median its 10-year median of 13.09 and 65.5% above the Capital Markets industry median of 2.55. 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 Valuno Group AB (NGM:VALUNO), the current Altman Z-Score is 4.22 as of Jul. 03, 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.
Valuno Group AB is a Swedish fintech company. The company offers secure, scalable infrastructure for the digital economy. The company provides enterprise-grade digital asset solutions that enable businesses to integrate blockchain technology with traditional financial systems.
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