Komplett ASA (OSL:KOMPL) Altman Z-Score: 2.39 (As of Jul. 04, 2026) — Near Median


OSL:KOMPL Komplett ASA OSL:KOMPL
64 GF Score
Price kr6.66
GF Value kr10.24
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Komplett ASA Altman Z-Score?

Komplett ASA OSL:KOMPL -0.89% 64 Altman Z-Score is 2.39 as of Jul. 04, 2026, which is 1% above its 10-year median of 2.36. GuruFocus rates OSL:KOMPL with a GF Score™ of 64/100 and a GF Value™ of kr10.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Komplett ASA ranks worse than 57.77% 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.

Warning Sign:

Altman Z-score of 2.38 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Komplett ASA has a Altman Z-Score of 2.39, indicating it is in Grey Zones. This implies that Komplett ASA is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Komplett ASA's Altman Z-Score or its related term are showing as below:

OSL:KOMPL' s Altman Z-Score Range Over the Past 10 Years
Min: 1.71   Med: 2.36   Max: 5.23
Current: 2.38

During the past 8 years, Komplett ASA's highest Altman Z-Score was 5.23. The lowest was 1.71. And the median was 2.36.


Komplett ASA  (OSL:KOMPL) 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.


Komplett ASA Altman Z-Score Related Terms


Komplett ASA Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Komplett 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.

Komplett ASA Altman Z-Score Chart

Komplett ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 4.02 2.29 2.11 2.25 2.10

Komplett 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 2.42 2.42 2.52 2.10 2.44

OSL:KOMPL vs AMZN, BABA, PDD: Altman Z-Score Comparison

For the Internet Retail subindustry, Komplett 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.


Komplett ASA Altman Z-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Komplett ASA's Altman Z-Score distribution charts can be found below:

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


OSL:KOMPL
64GF Score
Komplett ASA OSL:KOMPL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Komplett 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.

Komplett 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*0.0084+1.4*0+3.3*-0.084+0.6*0.2619+1.0*2.4994
=2.39

* 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 kr6,324 Mil.
Total Current Assets was kr3,056 Mil.
Total Current Liabilities was kr3,003 Mil.
Retained Earnings was kr0 Mil.
Pre-Tax Income was -73 + -479 + -53 + -94 = kr-699 Mil.
Interest Expense was -40 + -42 + -43 + -43 = kr-168 Mil.
Revenue was 3401 + 5132 + 3842 + 3431 = kr15,806 Mil.
Market Cap (Today) was kr1,168 Mil.
Total Liabilities was kr4,459 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
=(3056 - 3003)/6324
=0.0084

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-699 - -168)/6324
=-0.084

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1167.772/4459
=0.2619

X5=Revenue/Total Assets
=15806/6324
=2.4994

The zones of discrimination were as such:

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

Komplett ASA has a Altman Z-Score of 2.39 indicating it is in Grey 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 2.39 mean?
Komplett ASA (OSL:KOMPL) has a Altman Z-Score of 2.39 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Komplett ASA and its competitors. This is near median its historical median of 2.36. Over the past decade, Komplett ASA's Altman Z-Score has ranged from 1.71 to 5.23. According to the industry distribution chart, Komplett ASA ranks #643 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 57.8%.
Is Komplett ASA's Altman Z-Score too high?
Komplett ASA's current Altman Z-Score of 2.39 is near median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 5.23. The Retail - Cyclical industry median Altman Z-Score is 2.72. Komplett ASA's value of 2.39 is 12.1% below this industry median. Based on the distribution chart, Komplett ASA ranks #643 out of 1113 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Komplett ASA has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Komplett ASA's Altman Z-Score compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Komplett ASA ranks #643 out of 1113 companies for Altman Z-Score. This places Komplett ASA in the lower half of its industry. The industry median Altman Z-Score is 2.72. Komplett ASA's value of 2.39 is 12.1% below this benchmark. Historically, Komplett ASA's own Altman Z-Score has ranged from 1.71 to 5.23 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 2.72, Komplett ASA has consistently been below 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.72, based on 1,113 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. Komplett ASA's current Altman Z-Score of 2.39 is 12.1% below 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 Komplett ASA and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komplett ASA's current Altman Z-Score is 2.39, which is near median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komplett ASA stock overvalued right now?
Based on GuruFocus' analysis, Komplett ASA (OSL:KOMPL) is currently considered Significantly Undervalued. The stock's GF Value™ is kr10.24, compared to a current price of kr6.66 — trading 35% below its estimated fair value. The current Altman Z-Score is 2.39, which is near median its 10-year median of 2.36 and 12.1% below the Retail - Cyclical industry median of 2.72. Komplett ASA's overall GF Score™ is 64/100 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 Komplett ASA (OSL:KOMPL), the current Altman Z-Score is 2.39 as of Jul. 04, 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 Komplett ASA (OSL:KOMPL) Overvalued in 2026?

Based on GuruFocus' analysis, Komplett ASA stock appears to be undervalued. The current stock price of kr6.66 is trading 35% below its estimated GF Value™ of kr10.24. GuruFocus considers Komplett ASA to be Significantly Undervalued.

Key valuation signals for OSL:KOMPL:

  • Altman Z-Score: 2.39 (near median its 10-year median of 2.36)
  • GF Value™: kr10.24 vs. price of kr6.66 (35% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 12.1% below the Retail - Cyclical median (#643 of 1113)

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


Komplett ASA Business Description

Other Exchanges GJ60:Germany
Address Ostre Kullerod 4, Sandefjord, NOR, 3241
Komplett ASA is an online retailer of electronic products in Scandinavia, offering one of the market's broadest selections of consumer electronics and business solutions. The business solutions include sales to public and private enterprises, large and small, as well as wholesales to retailers. The business operates in three reporting segments; Business-to-consumer (B2C), Business-to-business (B2B), and Distribution. The company earns a majority of its revenue from the Business-to-consumer segment. Geographically, it operates in Norway, Sweden, and Denmark, out of which it derives a majority of its revenue from Sweden.
64GF Score

Get the complete analysis for OSL:KOMPL

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

kr6.66
Price
kr10.24
GF Value