PowerCell Sweden ABPCELF 77 Altman Z-Score is 3.20 as of Jun. 24, 2026, which is 71% below its 10-year median of 10.95. GuruFocus rates PCELF with a GF Score™ of 77/100 and a GF Value™ of $3.03 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,013 Industrial Products companies, PowerCell Sweden AB ranks worse than 51.78% 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 3.32 is strong.
PowerCell Sweden AB has a Altman Z-Score of 3.20, 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 PowerCell Sweden AB's Altman Z-Score or its related term are showing as below:
PCELF'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.68 Med: 10.95 Max: 95.23
Current: 3.32
During the past 13 years, PowerCell Sweden AB's highest Altman Z-Score was 95.23. The lowest was 2.68. And the median was 10.95.
PowerCell Sweden AB (OTCPK:PCELF) 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.
PowerCell Sweden AB Altman Z-Score Related Terms
PowerCell Sweden AB Altman Z-Score Historical Data
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The historical data trend for PowerCell Sweden 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.
For the Electrical Equipment & Parts subindustry, PowerCell Sweden 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.
PowerCell Sweden AB Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, PowerCell Sweden AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PowerCell Sweden 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.
PowerCell Sweden 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
*
0.3853
+
1.4
*
-0.8347
+
3.3
*
-0.09
+
0.6
*
5.9507
+
1.0
*
0.6281
=
3.20
* 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.
PowerCell Sweden AB (PCELF) has a Altman Z-Score of 3.20 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PowerCell Sweden AB and its competitors. This is 71% below median its historical median of 10.95. Over the past decade, PowerCell Sweden AB's Altman Z-Score has ranged from 2.68 to 95.23. According to the industry distribution chart, PowerCell Sweden AB ranks #1560 out of 3013 companies in the Industrial Products industry, placing it in the top 51.8%.
Is PowerCell Sweden AB's Altman Z-Score too high?
PowerCell Sweden AB's current Altman Z-Score of 3.20 is 71% below median its 10-year median of 10.95. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 95.23. The Industrial Products industry median Altman Z-Score is 3.42. PowerCell Sweden AB's value of 3.20 is 6.4% below this industry median. Based on the distribution chart, PowerCell Sweden AB ranks #1560 out of 3013 companies in the Industrial Products industry, which is below the industry midpoint. Overall, PowerCell Sweden AB has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PowerCell Sweden AB's Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, PowerCell Sweden AB ranks #1560 out of 3013 companies for Altman Z-Score. This places PowerCell Sweden AB in the lower half of its industry. The industry median Altman Z-Score is 3.42. PowerCell Sweden AB's value of 3.20 is 6.4% below this benchmark. Historically, PowerCell Sweden AB's own Altman Z-Score has ranged from 2.68 to 95.23 over the past decade. While the company's 10-year median is 10.95 vs. the industry median of 3.42, PowerCell Sweden 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.42, based on 3,013 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. PowerCell Sweden AB's current Altman Z-Score of 3.20 is 6.4% 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 PowerCell Sweden AB and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PowerCell Sweden AB's current Altman Z-Score is 3.20, which is 71% below median its own 10-year median of 10.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PowerCell Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, PowerCell Sweden AB (PCELF) is currently considered Significantly Undervalued. The stock's GF Value™ is $3.03, compared to a current price of $1.91 — trading 37% below its estimated fair value. The current Altman Z-Score is 3.20, which is 71% below median its 10-year median of 10.95 and 6.4% below the Industrial Products industry median of 3.42. PowerCell Sweden AB's overall GF Score™ is 77/100 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 PowerCell Sweden AB (PCELF), the current Altman Z-Score is 3.20 as of Jun. 24, 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 PowerCell Sweden AB (PCELF) Overvalued in 2026?
Based on GuruFocus' analysis, PowerCell Sweden AB stock appears to be undervalued.
The current stock price of $1.91 is trading 37% below its estimated GF Value™ of $3.03.
GuruFocus considers PowerCell Sweden AB to be Significantly Undervalued.
Key valuation signals for PCELF:
Altman Z-Score: 3.20 (71% below median its 10-year median of 10.95)
GF Value™: $3.03 vs. price of $1.91 (37% below fair value)
Industry Position: 6.4% below the Industrial Products median (#1560 of 3013)
No single metric tells the full story. See the PCELF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PowerCell Sweden AB is a Swedish company active in the field of clean energy. It develops, manufactures, and produces environmentally friendly electrical power systems for aviation, power generation, marine, off-road, and on-road segments. The company has developed a system of fuel cell platforms that are powered by pure or reformed hydrogen gas and generate electricity and heat without releasing any emissions other than water. It also provides services like consultation, support, modification, and turnkey solutions to its clients for transitioning to hydrogen electrification. Geographically, the company generates maximum revenue from its business in Germany, and the rest from the United Kingdom, Norway, the United States, Sweden, the Netherlands, Italy, and other regions.
77GF Score
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