OCTV (Octave Intelligence) Altman Z-Score: 3.29 (As of Jul. 24, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OCTV Octave Intelligence PLC OCTV
19 GF Score
Price $16.32
! 1 Warning Sign
View Full Analysis

What is Octave Intelligence Altman Z-Score?

Octave Intelligence OCTV +5.29% 19 Altman Z-Score is 3.29 as of Jul. 24, 2026. GuruFocus rates OCTV with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,766 Software companies, Octave Intelligence ranks better than 51.27% 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 3.15 is strong.

Octave Intelligence has a Altman Z-Score of 3.29, 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 Octave Intelligence's Altman Z-Score or its related term are showing as below:

OCTV' s Altman Z-Score Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.15
Current: 3.15

During the past 3 years, Octave Intelligence's highest Altman Z-Score was 3.15. The lowest was 0.00. And the median was 0.00.


Octave Intelligence  (NAS:OCTV) 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.


Octave Intelligence Altman Z-Score Related Terms


Octave Intelligence Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Octave Intelligence'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.

Octave Intelligence Altman Z-Score Chart

Octave Intelligence Annual Data
Trend Dec22 Dec23 Dec24
Altman Z-Score
0.00 0.00 0.00

Octave Intelligence Semi-Annual Data
Dec22 Dec23 Dec24
Altman Z-Score 0.00 0.00 0.00

OCTV vs SRAD, DAVE, LIF: Altman Z-Score Comparison

For the Software - Application subindustry, Octave Intelligence'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.


Octave Intelligence Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Octave Intelligence's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Octave Intelligence's Altman Z-Score falls into.


OCTV
19GF Score
Octave Intelligence PLC OCTV
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Octave Intelligence 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.

Octave Intelligence'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*0.0006+1.4*0+3.3*0.0466+0.6*4.915+1.0*0.1903
=3.29

* 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. 2024:
Total Assets was $8,429 Mil.
Total Current Assets was $560 Mil.
Total Current Liabilities was $554 Mil.
Retained Earnings was $0 Mil.
Pre-Tax Income was $393 Mil.
Interest Expense was $0 Mil.
Revenue was $1,604 Mil.
Market Cap (Today) was $4,381 Mil.
Total Liabilities was $891 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
=(559.522 - 554.457)/8428.967
=0.0006

X2=Retained Earnings/Total Assets
=0/8428.967
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(392.855 - 0)/8428.967
=0.0466

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4380.903/891.341
=4.915

X5=Revenue/Total Assets
=1604.171/8428.967
=0.1903

The zones of discrimination were as such:

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

Octave Intelligence has a Altman Z-Score of 3.29 indicating it is in Safe 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 3.29 mean?
Octave Intelligence (OCTV) has a Altman Z-Score of 3.29 as of Jul. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Octave Intelligence and its competitors. According to the industry distribution chart, Octave Intelligence ranks #1348 out of 2766 companies in the Software industry, placing it in the top 48.7%.
Is Octave Intelligence's Altman Z-Score too high?
Octave Intelligence's current Altman Z-Score is 3.29. The Software industry median Altman Z-Score is 3.09. Octave Intelligence's value of 3.29 is 6.5% above this industry median. Based on the distribution chart, Octave Intelligence ranks #1348 out of 2766 companies in the Software industry, which is above the industry midpoint. Overall, Octave Intelligence has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Octave Intelligence's Altman Z-Score compare to SRAD and DAVE?
According to the Software industry distribution chart, Octave Intelligence ranks #1348 out of 2766 companies for Altman Z-Score. This puts Octave Intelligence in the upper half of its industry. The industry median Altman Z-Score is 3.09. Octave Intelligence's value of 3.29 is 6.5% above this benchmark. 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 Software company?
The median Altman Z-Score among Software companies is 3.09, based on 2,766 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. Octave Intelligence's current Altman Z-Score of 3.29 is 6.5% 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 Octave Intelligence and its competitors. For the Software industry, the median Altman Z-Score is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Octave Intelligence's current Altman Z-Score is 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octave Intelligence stock overvalued right now?
Octave Intelligence (OCTV) has a current Altman Z-Score of 3.29. The current Altman Z-Score is 3.29 and 6.5% above the Software industry median of 3.09. Octave Intelligence's overall GF Score™ is 19/100 with 1 warning sign 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 Octave Intelligence (OCTV), the current Altman Z-Score is 3.29 as of Jul. 24, 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.

Octave Intelligence Business Description

Address 305 Intergraph Way, Madison, AL, USA, 35758
Octave Intelligence PLC provides a suite of software solutions that help organizations design, build, operate, and protect their physical assets, people, and critical infrastructure. The company operates in a single business segment developing enterprise software used in design, construction, operations, and security. Geographically, it operates in Americas that includes the United States, and Other Americas (Canada, and Latin America); EMIA that includes Europe, Middle East, India, and Africa; and APAC that includes the Asia-Pacific region, excluding India. The company derives maximum revenue from Americas. Its products include: Octave Coda Spatial, Octave Alto Twin, Octave Coda, Octave Oncall, Octave Alto, Octave Imagine, Octave Oncall Dispatch, Octave Alto Lightspeed, and Others.
19GF Score

Get the complete analysis for OCTV

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

$16.32
Price