Attendo AB (OSTO:ATT) Altman Z-Score: 1.46 (As of Jul. 28, 2026) — 35% Above Median

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OSTO:ATT Attendo AB OSTO:ATT
64 GF Score
Price kr111.20
GF Value kr56.49
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Attendo AB Altman Z-Score?

Attendo AB OSTO:ATT +1.74% 64 Altman Z-Score is 1.46 as of Jul. 28, 2026, which is 35% above its 10-year median of 1.08. GuruFocus rates OSTO:ATT with a GF Score™ of 64/100 and a GF Value™ of kr56.49 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 657 Healthcare Providers & Services companies, Attendo AB ranks worse than 66.97% 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 1.45 is in distress zone. This implies bankruptcy possibility in the next two years.

Attendo AB has a Altman Z-Score of 1.46, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Attendo AB's Altman Z-Score or its related term are showing as below:

OSTO:ATT' s Altman Z-Score Range Over the Past 10 Years
Min: 0.7   Med: 1.08   Max: 3.13
Current: 1.45

During the past 13 years, Attendo AB's highest Altman Z-Score was 3.13. The lowest was 0.70. And the median was 1.08.


Attendo AB  (OSTO:ATT) 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.


Attendo AB Altman Z-Score Related Terms


Attendo AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Attendo 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.

Attendo AB Altman Z-Score Chart

Attendo 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 0.94 0.85 1.14 1.16 1.37

Attendo 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 1.18 1.18 1.23 1.37 1.42

OSTO:ATT vs HCA, THC, DVA: Altman Z-Score Comparison

For the Medical Care Facilities subindustry, Attendo 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.


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

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

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


OSTO:ATT
64GF Score
Attendo AB OSTO:ATT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Attendo 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.

Attendo 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*-0.0634+1.4*0+3.3*0.0779+0.6*0.8333+1.0*0.7755
=1.46

* 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 kr24,388 Mil.
Total Current Assets was kr2,936 Mil.
Total Current Liabilities was kr4,482 Mil.
Retained Earnings was kr0 Mil.
Pre-Tax Income was 247 + 325 + 420 + 112 = kr1,104 Mil.
Interest Expense was -188 + -206 + -200 + -201 = kr-795 Mil.
Revenue was 4664 + 4796 + 4769 + 4684 = kr18,913 Mil.
Market Cap (Today) was kr15,779 Mil.
Total Liabilities was kr18,935 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
=(2936 - 4482)/24388
=-0.0634

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1104 - -795)/24388
=0.0779

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=15778.548/18935
=0.8333

X5=Revenue/Total Assets
=18913/24388
=0.7755

The zones of discrimination were as such:

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

Attendo AB has a Altman Z-Score of 1.46 indicating it is in Distress 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 1.46 mean?
Attendo AB (OSTO:ATT) has a Altman Z-Score of 1.46 as of Jul. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Attendo AB and its competitors. This is 35% above median its historical median of 1.08. Over the past decade, Attendo AB's Altman Z-Score has ranged from 0.70 to 3.13. According to the industry distribution chart, Attendo AB ranks #440 out of 657 companies in the Healthcare Providers & Services industry, placing it in the top 67%.
Is Attendo AB's Altman Z-Score too high?
Attendo AB's current Altman Z-Score of 1.46 is 35% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 3.13. The Healthcare Providers & Services industry median Altman Z-Score is 2.44. Attendo AB's value of 1.46 is 40.2% below this industry median. Based on the distribution chart, Attendo AB ranks #440 out of 657 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Attendo AB has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Attendo AB's Altman Z-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Attendo AB ranks #440 out of 657 companies for Altman Z-Score. This places Attendo AB in the lower half of its industry. The industry median Altman Z-Score is 2.44. Attendo AB's value of 1.46 is 40.2% below this benchmark. Historically, Attendo AB's own Altman Z-Score has ranged from 0.70 to 3.13 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.44, Attendo AB 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.44, 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. Attendo AB's current Altman Z-Score of 1.46 is 40.2% 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 Attendo AB and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Attendo AB's current Altman Z-Score is 1.46, which is 35% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attendo AB stock overvalued right now?
Based on GuruFocus' analysis, Attendo AB (OSTO:ATT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr56.49, compared to a current price of kr111.20 — trading 96.8% above its estimated fair value. The current Altman Z-Score is 1.46, which is 35% above median its 10-year median of 1.08 and 40.2% below the Healthcare Providers & Services industry median of 2.44. Attendo AB's overall GF Score™ is 64/100 with 10 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 Attendo AB (OSTO:ATT), the current Altman Z-Score is 1.46 as of Jul. 28, 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 Attendo AB (OSTO:ATT) Overvalued in 2026?

Based on GuruFocus' analysis, Attendo AB stock appears to be overvalued. The current stock price of kr111.20 is trading 96.8% above its estimated GF Value™ of kr56.49. GuruFocus considers Attendo AB to be Significantly Overvalued.

Key valuation signals for OSTO:ATT:

  • Altman Z-Score: 1.46 (35% above median its 10-year median of 1.08)
  • GF Value™: kr56.49 vs. price of kr111.20 (96.8% above fair value)
  • GF Score™: 64/100 with 10 warning signs
  • Industry Position: 40.2% below the Healthcare Providers & Services median (#440 of 657)

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


Attendo AB Business Description

Other Exchanges ATTs:UK0RCY:UK7AT:Germany
Address Vendevagen 85, Danderyd, SWE, 182 91
Attendo AB is a company that is engaged in providing private care and healthcare services in the Nordics. It focuses on offering care for older people, care for people with disabilities, individual and family care, and health care. The company also offers health, medical, and as well as staffing services. Geographically, the group's majority revenue is generated from Finland, it also operates in Scandinavia countries.
64GF Score

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

kr111.20
Price
kr56.49
GF Value