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Cynca Nordic AB (publ)OSTO:CYNCA +0.50%43 Altman Z-Score is 1.78 as of Jul. 27, 2026, which is 68% above its 10-year median of 1.06. GuruFocus rates OSTO:CYNCA with a GF Score™ of 43/100 and a GF Value™ of kr7.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,754 Construction companies, Cynca Nordic AB (publ) ranks worse than 61.97% 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 1.78 is in distress zone. This implies bankruptcy possibility in the next two years.
Cynca Nordic AB (publ) has a Altman Z-Score of 1.78, 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 Cynca Nordic AB (publ)'s Altman Z-Score or its related term are showing as below:
OSTO:CYNCA'
s Altman Z-Score Range Over the Past 10 Years
Min: -19.53 Med: 1.06 Max: 2.91
Current: 1.78
During the past 13 years, Cynca Nordic AB (publ)'s highest Altman Z-Score was 2.91. The lowest was -19.53. And the median was 1.06.
Cynca Nordic AB (publ) (OSTO:CYNCA) 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.
Altman Z-Score does not apply to financial companies.
Cynca Nordic AB (publ) Altman Z-Score Related Terms
Cynca Nordic AB (publ) Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Cynca Nordic AB (publ)'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.
OSTO:CYNCA vs PWR, FIX, EME: Altman Z-Score Comparison
For the Engineering & Construction subindustry, Cynca Nordic AB (publ)'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.
Cynca Nordic AB (publ) Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, Cynca Nordic AB (publ)'s Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Cynca Nordic AB (publ)'s Altman Z-Score falls into.
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.
* 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.
Cynca Nordic AB (publ) (OSTO:CYNCA) has a Altman Z-Score of 1.78 as of Jul. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cynca Nordic AB (publ) and its competitors. This is 68% above median its historical median of 1.06. According to the industry distribution chart, Cynca Nordic AB (publ) ranks #1087 out of 1754 companies in the Construction industry, placing it in the top 62%.
Is Cynca Nordic AB (publ)'s Altman Z-Score too high?
Cynca Nordic AB (publ)'s current Altman Z-Score of 1.78 is 68% above median its 10-year median of 1.06. The Construction industry median Altman Z-Score is 2.29. Cynca Nordic AB (publ)'s value of 1.78 is 22.3% below this industry median. Based on the distribution chart, Cynca Nordic AB (publ) ranks #1087 out of 1754 companies in the Construction industry, which is below the industry midpoint. Overall, Cynca Nordic AB (publ) has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cynca Nordic AB (publ)'s Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Cynca Nordic AB (publ) ranks #1087 out of 1754 companies for Altman Z-Score. This places Cynca Nordic AB (publ) in the lower half of its industry. The industry median Altman Z-Score is 2.29. Cynca Nordic AB (publ)'s value of 1.78 is 22.3% below this benchmark. While the company's 10-year median is 1.06 vs. the industry median of 2.29, Cynca Nordic AB (publ) 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 Construction company?
The median Altman Z-Score among Construction companies is 2.29, based on 1,754 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. Cynca Nordic AB (publ)'s current Altman Z-Score of 1.78 is 22.3% 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 Cynca Nordic AB (publ) and its competitors. For the Construction industry, the median Altman Z-Score is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cynca Nordic AB (publ)'s current Altman Z-Score is 1.78, which is 68% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cynca Nordic AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, Cynca Nordic AB (publ) (OSTO:CYNCA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr7.05, compared to a current price of kr16.04 — trading 127.5% above its estimated fair value. The current Altman Z-Score is 1.78, which is 68% above median its 10-year median of 1.06 and 22.3% below the Construction industry median of 2.29. Cynca Nordic AB (publ)'s overall GF Score™ is 43/100 with 6 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 Cynca Nordic AB (publ) (OSTO:CYNCA), the current Altman Z-Score is 1.78 as of Jul. 27, 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 Cynca Nordic AB (publ) (OSTO:CYNCA) Overvalued in 2026?
Based on GuruFocus' analysis, Cynca Nordic AB (publ) stock appears to be overvalued.
The current stock price of kr16.04 is trading 127.5% above its estimated GF Value™ of kr7.05.
GuruFocus considers Cynca Nordic AB (publ) to be Significantly Overvalued.
Key valuation signals for OSTO:CYNCA:
Altman Z-Score: 1.78 (68% above median its 10-year median of 1.06)
GF Value™: kr7.05 vs. price of kr16.04 (127.5% above fair value)
Industry Position: 22.3% below the Construction median (#1087 of 1754)
No single metric tells the full story. See the OSTO:CYNCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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43GF Score
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