ContextVision AB (OSL:CONTX) Altman Z-Score: 6.11 (As of Jun. 29, 2026) — 61% Below Median


OSL:CONTX ContextVision AB OSL:CONTX
81 GF Score
Price kr3.53
GF Value kr5.13
Valuation Significantly Undervalued
! 2 Warning Signs
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What is ContextVision AB Altman Z-Score?

ContextVision AB OSL:CONTX +6.97% 81 Altman Z-Score is 6.11 as of Jun. 29, 2026, which is 61% below its 10-year median of 15.58. GuruFocus rates OSL:CONTX with a GF Score™ of 81/100 and a GF Value™ of kr5.13 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 657 Healthcare Providers & Services companies, ContextVision AB ranks better than 81.43% 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 6.11 is strong.

ContextVision AB has a Altman Z-Score of 6.11, 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 ContextVision AB's Altman Z-Score or its related term are showing as below:

OSL:CONTX' s Altman Z-Score Range Over the Past 10 Years
Min: 6.01   Med: 15.58   Max: 52.04
Current: 6.11

During the past 13 years, ContextVision AB's highest Altman Z-Score was 52.04. The lowest was 6.01. And the median was 15.58.


ContextVision AB  (OSL:CONTX) 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.


ContextVision AB Altman Z-Score Related Terms


ContextVision AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for ContextVision 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.

ContextVision AB Altman Z-Score Chart

ContextVision AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.51 18.35 14.93 10.32 8.02

ContextVision AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.32 8.74 9.42 8.02 6.01

OSL:CONTX vs VEEV, BTSG, TEM: Altman Z-Score Comparison

For the Health Information Services subindustry, ContextVision 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.


ContextVision AB Altman Z-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ContextVision AB's Altman Z-Score distribution charts can be found below:

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


OSL:CONTX
81GF Score
ContextVision AB OSL:CONTX
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ContextVision AB 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.

ContextVision 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*0.5933+1.4*0+3.3*0.0466+0.6*7.2238+1.0*0.9108
=6.11

* 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 Mar. 2026:
Total Assets was kr131.0 Mil.
Total Current Assets was kr105.5 Mil.
Total Current Liabilities was kr27.8 Mil.
Retained Earnings was kr0.0 Mil.
Pre-Tax Income was 1.181 + 4.5 + -0.43 + 0.372 = kr5.6 Mil.
Interest Expense was -0.145 + -0.117 + -0.058 + -0.161 = kr-0.5 Mil.
Revenue was 29.557 + 34.436 + 25.185 + 30.106 = kr119.3 Mil.
Market Cap (Today) was kr263.0 Mil.
Total Liabilities was kr36.4 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
=(105.53 - 27.822)/130.97
=0.5933

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5.623 - -0.481)/130.97
=0.0466

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=263.019/36.41
=7.2238

X5=Revenue/Total Assets
=119.284/130.97
=0.9108

The zones of discrimination were as such:

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

ContextVision AB has a Altman Z-Score of 6.11 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 6.11 mean?
ContextVision AB (OSL:CONTX) has a Altman Z-Score of 6.11 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on ContextVision AB and its competitors. This is 61% below median its historical median of 15.58. Over the past decade, ContextVision AB's Altman Z-Score has ranged from 6.01 to 52.04. According to the industry distribution chart, ContextVision AB ranks #122 out of 657 companies in the Healthcare Providers & Services industry, placing it in the top 18.6%.
Is ContextVision AB's Altman Z-Score too high?
ContextVision AB's current Altman Z-Score of 6.11 is 61% below median its 10-year median of 15.58. Over the past 10 years, this metric has ranged from a low of 6.01 to a high of 52.04. The Healthcare Providers & Services industry median Altman Z-Score is 2.38. ContextVision AB's value of 6.11 is 156.7% above this industry median. Based on the distribution chart, ContextVision AB ranks #122 out of 657 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, ContextVision AB has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ContextVision AB's Altman Z-Score compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, ContextVision AB ranks #122 out of 657 companies for Altman Z-Score. This places ContextVision AB in the top 19% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.38. ContextVision AB's value of 6.11 is 156.7% above this benchmark. Historically, ContextVision AB's own Altman Z-Score has ranged from 6.01 to 52.04 over the past decade. While the company's 10-year median is 15.58 vs. the industry median of 2.38, ContextVision 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.38, based on 657 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. ContextVision AB's current Altman Z-Score of 6.11 is 156.7% 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 ContextVision AB and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ContextVision AB's current Altman Z-Score is 6.11, which is 61% below median its own 10-year median of 15.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ContextVision AB stock overvalued right now?
Based on GuruFocus' analysis, ContextVision AB (OSL:CONTX) is currently considered Significantly Undervalued. The stock's GF Value™ is kr5.13, compared to a current price of kr3.53 — trading 31.2% below its estimated fair value. The current Altman Z-Score is 6.11, which is 61% below median its 10-year median of 15.58 and 156.7% above the Healthcare Providers & Services industry median of 2.38. ContextVision AB's overall GF Score™ is 81/100 with 2 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 ContextVision AB (OSL:CONTX), the current Altman Z-Score is 6.11 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 ContextVision AB (OSL:CONTX) Overvalued in 2026?

Based on GuruFocus' analysis, ContextVision AB stock appears to be undervalued. The current stock price of kr3.53 is trading 31.2% below its estimated GF Value™ of kr5.13. GuruFocus considers ContextVision AB to be Significantly Undervalued.

Key valuation signals for OSL:CONTX:

  • Altman Z-Score: 6.11 (61% below median its 10-year median of 15.58)
  • GF Value™: kr5.13 vs. price of kr3.53 (31.2% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 156.7% above the Healthcare Providers & Services median (#122 of 657)

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


ContextVision AB Business Description

Other Exchanges COVo:Sweden
Address Gamla Brogatan 26, Stockholm, SWE, SE-111 20
ContextVision AB is a medical technology company. It develops and sells image enhancement software for medical diagnosis and artificial intelligence. Its product portfolio includes image enhancement software for 2D/3D/4D (dimensional) ultrasound, magnetic resonance imaging (MRI), X-Ray, radiography, and mammography. Its geographical segments are Asia, Europe, and America.
81GF Score

Get the complete analysis for OSL:CONTX

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

kr3.53
Price
kr5.13
GF Value