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Waystream Group ABOSTO:WAYS -1.04%65 Altman Z-Score is 4.02 as of Jul. 14, 2026, which is 17% above its 10-year median of 3.43. GuruFocus rates OSTO:WAYS with a GF Score™ of 65/100 and a GF Value™ of kr28.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,464 Hardware companies, Waystream Group AB ranks better than 55.8% 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 4.02 is strong.
Waystream Group AB has a Altman Z-Score of 4.02, 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 Waystream Group AB's Altman Z-Score or its related term are showing as below:
OSTO:WAYS'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.45 Med: 3.43 Max: 9.03
Current: 4.02
During the past 13 years, Waystream Group AB's highest Altman Z-Score was 9.03. The lowest was -0.45. And the median was 3.43.
Waystream Group AB (OSTO:WAYS) 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.
Waystream Group AB Altman Z-Score Related Terms
Waystream Group AB Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Waystream 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.
OSTO:WAYS vs CSCO, CIEN, MSI: Altman Z-Score Comparison
For the Communication Equipment subindustry, Waystream 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.
Waystream Group AB Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Waystream Group AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Waystream Group AB'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.
Waystream 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
*
0.2199
+
1.4
*
0
+
3.3
*
0.0235
+
0.6
*
4.7836
+
1.0
*
0.8119
=
4.02
* 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.
Waystream Group AB (OSTO:WAYS) has a Altman Z-Score of 4.02 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Waystream Group AB and its competitors. This is 17% above median its historical median of 3.43. According to the industry distribution chart, Waystream Group AB ranks #1089 out of 2464 companies in the Hardware industry, placing it in the top 44.2%.
Is Waystream Group AB's Altman Z-Score too high?
Waystream Group AB's current Altman Z-Score of 4.02 is 17% above median its 10-year median of 3.43. The Hardware industry median Altman Z-Score is 3.59. Waystream Group AB's value of 4.02 is 12% above this industry median. Based on the distribution chart, Waystream Group AB ranks #1089 out of 2464 companies in the Hardware industry, which is above the industry midpoint. Overall, Waystream Group AB has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waystream Group AB's Altman Z-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Waystream Group AB ranks #1089 out of 2464 companies for Altman Z-Score. This puts Waystream Group AB in the upper half of its industry. The industry median Altman Z-Score is 3.59. Waystream Group AB's value of 4.02 is 12% above this benchmark. While the company's 10-year median is 3.43 vs. the industry median of 3.59, Waystream Group 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, 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. Waystream Group AB's current Altman Z-Score of 4.02 is 12% 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 Waystream Group AB and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystream Group AB's current Altman Z-Score is 4.02, which is 17% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waystream Group AB stock overvalued right now?
Based on GuruFocus' analysis, Waystream Group AB (OSTO:WAYS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr28.02, compared to a current price of kr38.00 — trading 35.6% above its estimated fair value. The current Altman Z-Score is 4.02, which is 17% above median its 10-year median of 3.43 and 12% above the Hardware industry median of 3.59. Waystream Group AB's overall GF Score™ is 65/100 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 Waystream Group AB (OSTO:WAYS), the current Altman Z-Score is 4.02 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 Waystream Group AB (OSTO:WAYS) Overvalued in 2026?
Based on GuruFocus' analysis, Waystream Group AB stock appears to be overvalued.
The current stock price of kr38.00 is trading 35.6% above its estimated GF Value™ of kr28.02.
GuruFocus considers Waystream Group AB to be Significantly Overvalued.
Key valuation signals for OSTO:WAYS:
Altman Z-Score: 4.02 (17% above median its 10-year median of 3.43)
GF Value™: kr28.02 vs. price of kr38.00 (35.6% above fair value)
Industry Position: 12% above the Hardware median (#1089 of 2464)
No single metric tells the full story. See the OSTO:WAYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waystream Group AB operates in the telecommunications sector. The product portfolio includes switches and routers adapted for the fibre market and associated peripherals, technical support, training, and consulting. Its customer base and target customers are city networks, operators, and real estate companies that own and operate their fibre networks in the Nordic region and Central Europe.
65GF Score
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