JLT Mobile Computers AB (OSTO:JLT) Altman Z-Score: 3.03 (As of Jul. 13, 2026) — 37% Below Median


OSTO:JLT JLT Mobile Computers AB OSTO:JLT
67 GF Score
Price kr1.95
GF Value kr2.59
Valuation Modestly Undervalued
! 3 Warning Signs
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What is JLT Mobile Computers AB Altman Z-Score?

JLT Mobile Computers AB OSTO:JLT 67 Altman Z-Score is 3.03 as of Jul. 13, 2026, which is 37% below its 10-year median of 4.80. GuruFocus rates OSTO:JLT with a GF Score™ of 67/100 and a GF Value™ of kr2.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,464 Hardware companies, JLT Mobile Computers AB ranks worse than 58.4% 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 3.03 is strong.

JLT Mobile Computers AB has a Altman Z-Score of 3.03, 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 JLT Mobile Computers AB's Altman Z-Score or its related term are showing as below:

OSTO:JLT' s Altman Z-Score Range Over the Past 10 Years
Min: 2.46   Med: 4.8   Max: 8.2
Current: 3.03

During the past 13 years, JLT Mobile Computers AB's highest Altman Z-Score was 8.20. The lowest was 2.46. And the median was 4.80.


JLT Mobile Computers AB  (OSTO:JLT) 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.


JLT Mobile Computers AB Altman Z-Score Related Terms


JLT Mobile Computers AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for JLT Mobile Computers 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.

JLT Mobile Computers AB Altman Z-Score Chart

JLT Mobile Computers 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 5.48 3.56 4.14 2.72 3.65

JLT Mobile Computers 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 2.66 2.46 2.90 3.65 2.86

OSTO:JLT vs SNDK, DELL, STX: Altman Z-Score Comparison

For the Computer Hardware subindustry, JLT Mobile Computers 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.


JLT Mobile Computers AB Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, JLT Mobile Computers AB's Altman Z-Score distribution charts can be found below:

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


OSTO:JLT
67GF Score
JLT Mobile Computers AB OSTO:JLT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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JLT Mobile Computers 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.

JLT Mobile Computers 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*0.3462+1.4*0.1088+3.3*-0.0424+0.6*1.6042+1.0*1.6406
=3.03

* 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 kr75.4 Mil.
Total Current Assets was kr59.2 Mil.
Total Current Liabilities was kr33.1 Mil.
Retained Earnings was kr8.2 Mil.
Pre-Tax Income was -0.5 + -3 + 1.6 + -1.3 = kr-3.2 Mil.
Interest Expense was 0 + 0 + 0 + 0 = kr0.0 Mil.
Revenue was 28.1 + 27.6 + 28 + 40 = kr123.7 Mil.
Market Cap (Today) was kr56.0 Mil.
Total Liabilities was kr34.9 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
=(59.2 - 33.1)/75.4
=0.3462

X2=Retained Earnings/Total Assets
=8.2/75.4
=0.1088

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.2 - 0)/75.4
=-0.0424

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=55.988/34.9
=1.6042

X5=Revenue/Total Assets
=123.7/75.4
=1.6406

The zones of discrimination were as such:

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

JLT Mobile Computers AB has a Altman Z-Score of 3.03 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 3.03 mean?
JLT Mobile Computers AB (OSTO:JLT) has a Altman Z-Score of 3.03 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on JLT Mobile Computers AB and its competitors. This is 37% below median its historical median of 4.80. Over the past decade, JLT Mobile Computers AB's Altman Z-Score has ranged from 2.46 to 8.20. According to the industry distribution chart, JLT Mobile Computers AB ranks #1439 out of 2464 companies in the Hardware industry, placing it in the top 58.4%.
Is JLT Mobile Computers AB's Altman Z-Score too high?
JLT Mobile Computers AB's current Altman Z-Score of 3.03 is 37% below median its 10-year median of 4.80. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 8.20. The Hardware industry median Altman Z-Score is 3.60. JLT Mobile Computers AB's value of 3.03 is 15.7% below this industry median. Based on the distribution chart, JLT Mobile Computers AB ranks #1439 out of 2464 companies in the Hardware industry, which is below the industry midpoint. Overall, JLT Mobile Computers AB has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JLT Mobile Computers AB's Altman Z-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, JLT Mobile Computers AB ranks #1439 out of 2464 companies for Altman Z-Score. This places JLT Mobile Computers AB in the lower half of its industry. The industry median Altman Z-Score is 3.60. JLT Mobile Computers AB's value of 3.03 is 15.7% below this benchmark. Historically, JLT Mobile Computers AB's own Altman Z-Score has ranged from 2.46 to 8.20 over the past decade. While the company's 10-year median is 4.80 vs. the industry median of 3.60, JLT Mobile Computers 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.60, based on 2,464 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. JLT Mobile Computers AB's current Altman Z-Score of 3.03 is 15.7% 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 JLT Mobile Computers AB and its competitors. For the Hardware industry, the median Altman Z-Score is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JLT Mobile Computers AB's current Altman Z-Score is 3.03, which is 37% below median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JLT Mobile Computers AB stock overvalued right now?
Based on GuruFocus' analysis, JLT Mobile Computers AB (OSTO:JLT) is currently considered Modestly Undervalued. The stock's GF Value™ is kr2.59, compared to a current price of kr1.95 — trading 24.7% below its estimated fair value. The current Altman Z-Score is 3.03, which is 37% below median its 10-year median of 4.80 and 15.7% below the Hardware industry median of 3.60. JLT Mobile Computers AB's overall GF Score™ is 67/100 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 JLT Mobile Computers AB (OSTO:JLT), the current Altman Z-Score is 3.03 as of Jul. 13, 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 JLT Mobile Computers AB (OSTO:JLT) Overvalued in 2026?

Based on GuruFocus' analysis, JLT Mobile Computers AB stock appears to be undervalued. The current stock price of kr1.95 is trading 24.7% below its estimated GF Value™ of kr2.59. GuruFocus considers JLT Mobile Computers AB to be Modestly Undervalued.

Key valuation signals for OSTO:JLT:

  • Altman Z-Score: 3.03 (37% below median its 10-year median of 4.80)
  • GF Value™: kr2.59 vs. price of kr1.95 (24.7% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 15.7% below the Hardware median (#1439 of 2464)

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


JLT Mobile Computers AB Business Description

Address Isbjornsvagen 3, Vaxjo, SWE, SE-352 45
JLT Mobile Computers AB is a Sweden-based company engaged in the manufacturing of rugged mobile computers. It is engaged in the development, manufacture, and marketing of rugged vehicle-mounted computers and mobile handheld tablet computers. The computers are manufactured to withstand environmental conditions like moisture, dust, vibrations, electromagnetic fields or extreme temperatures. The company's products are used in many industries, including warehousing, ports, agriculture, and mining. The company conducts sales in three geographic regions: the Nordics, EMEA (Europe excluding the Nordics, plus the Middle East and Africa), and the Americas (North and South America).
67GF Score

Get the complete analysis for OSTO:JLT

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

kr1.95
Price
kr2.59
GF Value