Lindab International AB (OSTO:LIAB) Altman Z-Score: 2.50 (As of Jul. 15, 2026) — 11% Below Median

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OSTO:LIAB Lindab International AB OSTO:LIAB
76 GF Score
Price kr133.60
GF Value kr195.66
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Lindab International AB Altman Z-Score?

Lindab International AB OSTO:LIAB +0.38% 76 Altman Z-Score is 2.50 as of Jul. 15, 2026, which is 11% below its 10-year median of 2.82. GuruFocus rates OSTO:LIAB with a GF Score™ of 76/100 and a GF Value™ of kr195.66 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,755 Construction companies, Lindab International AB ranks better than 54.81% 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 2.5 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.

Lindab International AB has a Altman Z-Score of 2.50, indicating it is in Grey Zones. This implies that Lindab International AB 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 Lindab International AB's Altman Z-Score or its related term are showing as below:

OSTO:LIAB' s Altman Z-Score Range Over the Past 10 Years
Min: 2.19   Med: 2.82   Max: 5.16
Current: 2.5

During the past 13 years, Lindab International AB's highest Altman Z-Score was 5.16. The lowest was 2.19. And the median was 2.82.


Lindab International AB  (OSTO:LIAB) 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.


Lindab International AB Altman Z-Score Related Terms


Lindab International AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Lindab International 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.

Lindab International AB Altman Z-Score Chart

Lindab International 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 5.16 2.93 3.40 2.91 3.07

Lindab International 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 2.77 2.64 2.79 3.07 2.62

OSTO:LIAB vs TT, JCI, CARR: Altman Z-Score Comparison

For the Building Products & Equipment subindustry, Lindab International 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.


Lindab International AB Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Lindab International AB's Altman Z-Score distribution charts can be found below:

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


OSTO:LIAB
76GF Score
Lindab International AB OSTO:LIAB
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Lindab International 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.

Lindab International 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*0.1576+1.4*0.3131+3.3*0.07+0.6*1.3478+1.0*0.8352
=2.50

* 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 kr15,137 Mil.
Total Current Assets was kr5,311 Mil.
Total Current Liabilities was kr2,925 Mil.
Retained Earnings was kr4,739 Mil.
Pre-Tax Income was 138 + 47 + 435 + 221 = kr841 Mil.
Interest Expense was -50 + -54 + -59 + -56 = kr-219 Mil.
Revenue was 3003 + 3134 + 3253 + 3253 = kr12,643 Mil.
Market Cap (Today) was kr10,292 Mil.
Total Liabilities was kr7,636 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
=(5311 - 2925)/15137
=0.1576

X2=Retained Earnings/Total Assets
=4739/15137
=0.3131

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(841 - -219)/15137
=0.07

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=10292.001/7636
=1.3478

X5=Revenue/Total Assets
=12643/15137
=0.8352

The zones of discrimination were as such:

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

Lindab International AB has a Altman Z-Score of 2.50 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 2.50 mean?
Lindab International AB (OSTO:LIAB) has a Altman Z-Score of 2.50 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Lindab International AB and its competitors. This is 11% below median its historical median of 2.82. Over the past decade, Lindab International AB's Altman Z-Score has ranged from 2.19 to 5.16. According to the industry distribution chart, Lindab International AB ranks #793 out of 1755 companies in the Construction industry, placing it in the top 45.2%.
Is Lindab International AB's Altman Z-Score too high?
Lindab International AB's current Altman Z-Score of 2.50 is 11% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 5.16. The Construction industry median Altman Z-Score is 2.33. Lindab International AB's value of 2.50 is 7.3% above this industry median. Based on the distribution chart, Lindab International AB ranks #793 out of 1755 companies in the Construction industry, which is above the industry midpoint. Overall, Lindab International AB has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lindab International AB's Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, Lindab International AB ranks #793 out of 1755 companies for Altman Z-Score. This puts Lindab International AB in the upper half of its industry. The industry median Altman Z-Score is 2.33. Lindab International AB's value of 2.50 is 7.3% above this benchmark. Historically, Lindab International AB's own Altman Z-Score has ranged from 2.19 to 5.16 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 2.33, Lindab International AB 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 a Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,755 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. Lindab International AB's current Altman Z-Score of 2.50 is 7.3% 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 Lindab International AB and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindab International AB's current Altman Z-Score is 2.50, which is 11% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindab International AB stock overvalued right now?
Based on GuruFocus' analysis, Lindab International AB (OSTO:LIAB) is currently considered Significantly Undervalued. The stock's GF Value™ is kr195.66, compared to a current price of kr133.60 — trading 31.7% below its estimated fair value. The current Altman Z-Score is 2.50, which is 11% below median its 10-year median of 2.82 and 7.3% above the Construction industry median of 2.33. Lindab International AB's overall GF Score™ is 76/100 with 7 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 Lindab International AB (OSTO:LIAB), the current Altman Z-Score is 2.50 as of Jul. 15, 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 Lindab International AB (OSTO:LIAB) Overvalued in 2026?

Based on GuruFocus' analysis, Lindab International AB stock appears to be undervalued. The current stock price of kr133.60 is trading 31.7% below its estimated GF Value™ of kr195.66. GuruFocus considers Lindab International AB to be Significantly Undervalued.

Key valuation signals for OSTO:LIAB:

  • Altman Z-Score: 2.50 (11% below median its 10-year median of 2.82)
  • GF Value™: kr195.66 vs. price of kr133.60 (31.7% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 7.3% above the Construction median (#793 of 1755)

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


Lindab International AB Business Description

Other Exchanges LIABs:UK0MWK:UKL5E:Germany
Address Stalhogavagen 115, Bastad, SWE, SE-269 82
Lindab International AB provides products and system solutions that are used to simplify the construction of properties and improve the indoor climate. The company operates through two segments namely Ventilation Systems and Profile Systems. Ventilation Systems offers air duct systems with accessories and indoor climate solutions for ventilation, cooling, and heating to installers and other customers in the ventilation industry. Profile Systems offers the construction industry products and systems in sheet metal for rainwater systems, roof, and wall products as well as steel profiles for wall, roof, and beam constructions. The majority of revenue is from the Ventilation segment. Geographically, the majority is from Sweden.
76GF Score

Get the complete analysis for OSTO:LIAB

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

kr133.60
Price
kr195.66
GF Value