PTTWF (Orange Polska) Altman Z-Score: 1.87 (As of Jul. 04, 2026) — 46% Above Median


PTTWF Orange Polska SA PTTWF
69 GF Score
Price $2.05
GF Value $1.24
! 4 Warning Signs
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What is Orange Polska Altman Z-Score?

Orange Polska PTTWF +28.93% 69 Altman Z-Score is 1.87 as of Jul. 04, 2026, which is 46% above its 10-year median of 1.28. GuruFocus rates PTTWF with a GF Score™ of 69/100 and a GF Value™ of $1.24. The stock has 4 warning signs investors should review. Among 364 Telecommunication Services companies, Orange Polska ranks better than 57.14% 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 1.88 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.

Orange Polska has a Altman Z-Score of 1.87, indicating it is in Grey Zones. This implies that Orange Polska 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 Orange Polska's Altman Z-Score or its related term are showing as below:

PTTWF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.77   Med: 1.28   Max: 1.88
Current: 1.88

During the past 13 years, Orange Polska's highest Altman Z-Score was 1.88. The lowest was 0.77. And the median was 1.28.


Orange Polska  (OTCPK:PTTWF) 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.


Orange Polska Altman Z-Score Related Terms


Orange Polska Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Orange Polska'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.

Orange Polska Altman Z-Score Chart

Orange Polska 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 1.63 1.39 1.46 1.51 1.54

Orange Polska 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 1.65 1.44 1.62 1.54 1.86

PTTWF vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Orange Polska'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.


Orange Polska Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Orange Polska's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Orange Polska's Altman Z-Score falls into.


PTTWF
69GF Score
Orange Polska SA PTTWF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Orange Polska 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.

Orange Polska'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*-0.124+1.4*0.3384+3.3*0.0547+0.6*1.4555+1.0*0.4917
=1.87

* 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 $7,136 Mil.
Total Current Assets was $1,022 Mil.
Total Current Liabilities was $1,907 Mil.
Retained Earnings was $2,414 Mil.
Pre-Tax Income was 94.348 + 23.454 + 73.826 + 88.485 = $280 Mil.
Interest Expense was -21.055 + -33.848 + -31.183 + -24.253 = $-110 Mil.
Revenue was 848.336 + 930.957 + 887.248 + 841.673 = $3,508 Mil.
Market Cap (Today) was $4,994 Mil.
Total Liabilities was $3,431 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
=(1022.108 - 1907.224)/7135.564
=-0.124

X2=Retained Earnings/Total Assets
=2414.413/7135.564
=0.3384

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(280.113 - -110.339)/7135.564
=0.0547

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4994.079/3431.19
=1.4555

X5=Revenue/Total Assets
=3508.214/7135.564
=0.4917

The zones of discrimination were as such:

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

Orange Polska has a Altman Z-Score of 1.87 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 1.87 mean?
Orange Polska (PTTWF) has a Altman Z-Score of 1.87 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Orange Polska and its competitors. This is 46% above median its historical median of 1.28. Over the past decade, Orange Polska's Altman Z-Score has ranged from 0.77 to 1.88. According to the industry distribution chart, Orange Polska ranks #156 out of 364 companies in the Telecommunication Services industry, placing it in the top 42.9%.
Is Orange Polska's Altman Z-Score too high?
Orange Polska's current Altman Z-Score of 1.87 is 46% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.88. The Telecommunication Services industry median Altman Z-Score is 1.71. Orange Polska's value of 1.87 is 9.4% above this industry median. Based on the distribution chart, Orange Polska ranks #156 out of 364 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Orange Polska has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Orange Polska's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Orange Polska ranks #156 out of 364 companies for Altman Z-Score. This puts Orange Polska in the upper half of its industry. The industry median Altman Z-Score is 1.71. Orange Polska's value of 1.87 is 9.4% above this benchmark. Historically, Orange Polska's own Altman Z-Score has ranged from 0.77 to 1.88 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.71, Orange Polska 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.71, based on 364 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. Orange Polska's current Altman Z-Score of 1.87 is 9.4% 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 Orange Polska and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orange Polska's current Altman Z-Score is 1.87, which is 46% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orange Polska stock overvalued right now?
Orange Polska (PTTWF) has a current Altman Z-Score of 1.87. The stock's GF Value™ is $1.24, compared to a current price of $2.05 — trading 65.3% above its estimated fair value. The current Altman Z-Score is 1.87, which is 46% above median its 10-year median of 1.28 and 9.4% above the Telecommunication Services industry median of 1.71. Orange Polska's overall GF Score™ is 69/100 with 4 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 Orange Polska (PTTWF), the current Altman Z-Score is 1.87 as of Jul. 04, 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 Orange Polska (PTTWF) Overvalued in 2026?

Based on GuruFocus' analysis, Orange Polska stock appears to be overvalued. The current stock price of $2.05 is trading 65.3% above its estimated GF Value™ of $1.24.

Key valuation signals for PTTWF:

  • Altman Z-Score: 1.87 (46% above median its 10-year median of 1.28)
  • GF Value™: $1.24 vs. price of $2.05 (65.3% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 9.4% above the Telecommunication Services median (#156 of 364)

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


Orange Polska Business Description

Other Exchanges OPL:PolandTPA1:Germany
Address 160 Aleje Jerozolimskie Street, Warsaw, POL, 02-326
Orange Polska SA is a provider of telecommunications services in Poland. The Group provides mobile and fixed telecommunications services, including calls, messaging, content, access to the Internet and TV. In addition, it provides IT and integration services, leased lines and other telecommunications value-added services, sells telecommunications equipment, provides data transmission, constructs telecommunications infrastructure, and sells electrical energy. It derives revenue from the provision of Internet, mobile, and television services. The maximum of the company's revenue is earned through mobile-only services.
69GF Score

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

$2.05
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$1.24
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