Hunter Group ASA (OSL:HUNT) Altman Z-Score: 9.85 (As of Jul. 05, 2026) — 131% Above Median


OSL:HUNT Hunter Group ASA OSL:HUNT
39 GF Score
Price kr7.64
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What is Hunter Group ASA Altman Z-Score?

Hunter Group ASA OSL:HUNT +3.24% 39 Altman Z-Score is 9.85 as of Jul. 05, 2026, which is 131% above its 10-year median of 4.26. GuruFocus rates OSL:HUNT with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 898 Oil & Gas companies, Hunter Group ASA ranks better than 95.55% 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 9.85 is strong.

Hunter Group ASA has a Altman Z-Score of 9.85, 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 Hunter Group ASA's Altman Z-Score or its related term are showing as below:

OSL:HUNT' s Altman Z-Score Range Over the Past 10 Years
Min: -2.15   Med: 4.26   Max: 820.69
Current: 9.85

During the past 13 years, Hunter Group ASA's highest Altman Z-Score was 820.69. The lowest was -2.15. And the median was 4.26.


Hunter Group ASA  (OSL:HUNT) 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.


Hunter Group ASA Altman Z-Score Related Terms


Hunter Group ASA Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hunter Group ASA'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.

Hunter Group ASA Altman Z-Score Chart

Hunter Group ASA 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 1.03 106.81 19.28 -2.15 43.72

Hunter Group ASA 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 0.82 4.26 28.92 43.72 8.94

OSL:HUNT vs WMB, EPD, KMI: Altman Z-Score Comparison

For the Oil & Gas Midstream subindustry, Hunter Group ASA'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.


Hunter Group ASA Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hunter Group ASA's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Hunter Group ASA's Altman Z-Score falls into.


OSL:HUNT
39GF Score
Hunter Group ASA OSL:HUNT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Hunter Group ASA 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.

Hunter Group ASA'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*0.8798+1.4*0.8008+3.3*1.0041+0.6*6.192+1.0*0.6456
=9.85

* 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 kr747.4 Mil.
Total Current Assets was kr746.3 Mil.
Total Current Liabilities was kr88.7 Mil.
Retained Earnings was kr598.6 Mil.
Pre-Tax Income was 595.694 + 102.444 + 16.376 + 35.915 = kr750.4 Mil.
Interest Expense was 0 + 0 + -0.04 + 0 = kr-0.0 Mil.
Revenue was 314.822 + 176.497 + 1.849 + -10.635 = kr482.5 Mil.
Market Cap (Today) was kr1,029.9 Mil.
Total Liabilities was kr166.3 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
=(746.291 - 88.714)/747.431
=0.8798

X2=Retained Earnings/Total Assets
=598.563/747.431
=0.8008

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(750.429 - -0.04)/747.431
=1.0041

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1029.916/166.331
=6.192

X5=Revenue/Total Assets
=482.533/747.431
=0.6456

The zones of discrimination were as such:

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

Hunter Group ASA has a Altman Z-Score of 9.85 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 9.85 mean?
Hunter Group ASA (OSL:HUNT) has a Altman Z-Score of 9.85 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hunter Group ASA and its competitors. This is 131% above median its historical median of 4.26. According to the industry distribution chart, Hunter Group ASA ranks #40 out of 898 companies in the Oil & Gas industry, placing it in the top 4.5%.
Is Hunter Group ASA's Altman Z-Score too high?
Hunter Group ASA's current Altman Z-Score of 9.85 is 131% above median its 10-year median of 4.26. The Oil & Gas industry median Altman Z-Score is 1.90. Hunter Group ASA's value of 9.85 is 418.4% above this industry median. Based on the distribution chart, Hunter Group ASA ranks #40 out of 898 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Hunter Group ASA has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Hunter Group ASA's Altman Z-Score compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Hunter Group ASA ranks #40 out of 898 companies for Altman Z-Score. This places Hunter Group ASA in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.90. Hunter Group ASA's value of 9.85 is 418.4% above this benchmark. While the company's 10-year median is 4.26 vs. the industry median of 1.90, Hunter Group ASA 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 Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.90, based on 898 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. Hunter Group ASA's current Altman Z-Score of 9.85 is 418.4% 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 Hunter Group ASA and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunter Group ASA's current Altman Z-Score is 9.85, which is 131% above median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunter Group ASA stock overvalued right now?
Hunter Group ASA (OSL:HUNT) has a current Altman Z-Score of 9.85. The current Altman Z-Score is 9.85, which is 131% above median its 10-year median of 4.26 and 418.4% above the Oil & Gas industry median of 1.90. Hunter Group ASA's overall GF Score™ is 39/100 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 Hunter Group ASA (OSL:HUNT), the current Altman Z-Score is 9.85 as of Jul. 05, 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.

Hunter Group ASA Business Description

Industry EnergyOil & Gas
Address Dronningen 1, Oslo, NOR, 0287
Hunter Group ASA is an investment company focusing on shipping and oil services investments. The Company's primary business currently consists of oil tanker chartering. The company is organized into one business unit based on its products and services and has one reportable segment, which consists of vessel chartering activities and other related costs and investments.
39GF Score

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