Ranplan Group AB (OSTO:RPLAN) Altman Z-Score: 2.42 (As of Jul. 14, 2026) — 185% Above Median

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OSTO:RPLAN Ranplan Group AB OSTO:RPLAN
26 GF Score
Price kr1.06
GF Value kr0.53
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ranplan Group AB Altman Z-Score?

Ranplan Group AB OSTO:RPLAN +165.00% 26 Altman Z-Score is 2.42 as of Jul. 14, 2026, which is 185% above its 10-year median of 0.85. GuruFocus rates OSTO:RPLAN with a GF Score™ of 26/100 and a GF Value™ of kr0.53 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,768 Software companies, Ranplan Group AB ranks worse than 82.41% 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 2.23 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.

Ranplan Group AB has a Altman Z-Score of 2.42, indicating it is in Grey Zones. This implies that Ranplan Group 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 Ranplan Group AB's Altman Z-Score or its related term are showing as below:

OSTO:RPLAN' s Altman Z-Score Range Over the Past 10 Years
Min: -16.57   Med: 0.85   Max: 17.75
Current: 2.23

During the past 10 years, Ranplan Group AB's highest Altman Z-Score was 17.75. The lowest was -16.57. And the median was 0.85.


Ranplan Group AB  (OSTO:RPLAN) 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.


Ranplan Group AB Altman Z-Score Related Terms


Ranplan Group AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ranplan Group 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.

Ranplan Group AB Altman Z-Score Chart

Ranplan Group 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 17.75 -9.89 -1.50 0.54 0.85

Ranplan Group AB Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -1.50 0.00 0.54 0.00 0.85

OSTO:RPLAN vs UBER, SHOP, CRM: Altman Z-Score Comparison

For the Software - Application subindustry, Ranplan Group 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.


Ranplan Group AB Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Ranplan Group AB's Altman Z-Score distribution charts can be found below:

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


OSTO:RPLAN
26GF Score
Ranplan Group AB OSTO:RPLAN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ranplan Group 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.

Ranplan Group 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*0.4691+1.4*0+3.3*-1.0546+0.6*5.7913+1.0*1.8577
=2.42

* 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 Dec. 2025:
Total Assets was kr13.80 Mil.
Total Current Assets was kr13.80 Mil.
Total Current Liabilities was kr7.33 Mil.
Retained Earnings was kr0.00 Mil.
Pre-Tax Income was kr-16.08 Mil.
Interest Expense was kr-1.52 Mil.
Revenue was kr25.64 Mil.
Market Cap (Today) was kr86.37 Mil.
Total Liabilities was kr14.91 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
=(13.803 - 7.328)/13.803
=0.4691

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-16.077 - -1.521)/13.803
=-1.0546

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=86.372/14.914
=5.7913

X5=Revenue/Total Assets
=25.642/13.803
=1.8577

The zones of discrimination were as such:

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

Ranplan Group AB has a Altman Z-Score of 2.42 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 2.42 mean?
Ranplan Group AB (OSTO:RPLAN) has a Altman Z-Score of 2.42 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ranplan Group AB and its competitors. This is 185% above median its historical median of 0.85. According to the industry distribution chart, Ranplan Group AB ranks #2281 out of 2768 companies in the Software industry, placing it in the top 82.4%.
Is Ranplan Group AB's Altman Z-Score too high?
Ranplan Group AB's current Altman Z-Score of 2.42 is 185% above median its 10-year median of 0.85. The Software industry median Altman Z-Score is 3.16. Ranplan Group AB's value of 2.42 is 23.4% below this industry median. Based on the distribution chart, Ranplan Group AB ranks #2281 out of 2768 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Ranplan Group AB has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ranplan Group AB's Altman Z-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Ranplan Group AB ranks #2281 out of 2768 companies for Altman Z-Score. This places Ranplan Group AB in the lower half of its industry. The industry median Altman Z-Score is 3.16. Ranplan Group AB's value of 2.42 is 23.4% below this benchmark. While the company's 10-year median is 0.85 vs. the industry median of 3.16, Ranplan Group 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 Software company?
The median Altman Z-Score among Software companies is 3.16, based on 2,768 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. Ranplan Group AB's current Altman Z-Score of 2.42 is 23.4% 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 Ranplan Group AB and its competitors. For the Software industry, the median Altman Z-Score is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ranplan Group AB's current Altman Z-Score is 2.42, which is 185% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ranplan Group AB stock overvalued right now?
Based on GuruFocus' analysis, Ranplan Group AB (OSTO:RPLAN) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.53, compared to a current price of kr1.06 — trading 100% above its estimated fair value. The current Altman Z-Score is 2.42, which is 185% above median its 10-year median of 0.85 and 23.4% below the Software industry median of 3.16. Ranplan Group AB's overall GF Score™ is 26/100 with 5 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 Ranplan Group AB (OSTO:RPLAN), the current Altman Z-Score is 2.42 as of Jul. 14, 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 Ranplan Group AB (OSTO:RPLAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ranplan Group AB stock appears to be overvalued. The current stock price of kr1.06 is trading 100% above its estimated GF Value™ of kr0.53. GuruFocus considers Ranplan Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:RPLAN:

  • Altman Z-Score: 2.42 (185% above median its 10-year median of 0.85)
  • GF Value™: kr0.53 vs. price of kr1.06 (100% above fair value)
  • GF Score™: 26/100 with 5 warning signs
  • Industry Position: 23.4% below the Software median (#2281 of 2768)

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


Ranplan Group AB Business Description

Address Riddargatan 18, Floor 1, Stockholm, SWE, S-114 51
Ranplan Group AB is a software company that develops, markets and sells (licenses) a suite of solutions that allow principally mobile operators, telecommunication equipment vendors and system integrators to cost-effectively and accurately plan, design and optimize for example 4G, 5G and Wi-Fi wireless networks inside the walls of buildings and in outdoor urban environments. Its purpose of an in-building wireless network is to provide enhanced network coverage and capacity when the existing outdoor network is not able to adequately satisfy the exacting requirements. Its products are Professional, In-building, Tablet, Academic, Viewer and solutions 5G, WIFI network, green network, Hetnet network, IoT, etc. The company has sales in Asia, North America and Europe, the Middle East and Africa.
26GF Score

Get the complete analysis for OSTO:RPLAN

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

kr1.06
Price
kr0.53
GF Value