RPBPF (Raspberry Pi Holdings) Altman Z-Score: 15.73 (As of Jun. 24, 2026) — 61% Above Median


RPBPF Raspberry Pi Holdings PLC RPBPF
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What is Raspberry Pi Holdings Altman Z-Score?

Raspberry Pi Holdings RPBPF -6.63% 24 Altman Z-Score is 15.73 as of Jun. 24, 2026, which is 61% above its 10-year median of 9.77. GuruFocus rates RPBPF with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,456 Hardware companies, Raspberry Pi Holdings ranks better than 92.47% 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 18.88 is strong.

Raspberry Pi Holdings has a Altman Z-Score of 15.73, 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 Raspberry Pi Holdings's Altman Z-Score or its related term are showing as below:

RPBPF' s Altman Z-Score Range Over the Past 10 Years
Min: 8.79   Med: 9.77   Max: 18.88
Current: 18.88

During the past 5 years, Raspberry Pi Holdings's highest Altman Z-Score was 18.88. The lowest was 8.79. And the median was 9.77.


Raspberry Pi Holdings  (OTCPK:RPBPF) 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.


Raspberry Pi Holdings Altman Z-Score Related Terms


Raspberry Pi Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Raspberry Pi Holdings'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.

Raspberry Pi Holdings Altman Z-Score Chart

Raspberry Pi Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 10.75 8.79

Raspberry Pi Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 10.75 0.00 8.79

RPBPF vs APH, GLW, TEL: Altman Z-Score Comparison

For the Electronic Components subindustry, Raspberry Pi Holdings'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.


Raspberry Pi Holdings Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Raspberry Pi Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Raspberry Pi Holdings's Altman Z-Score falls into.


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Raspberry Pi Holdings 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.

Raspberry Pi Holdings'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*0.5211+1.4*1.2584+3.3*0.0881+0.6*20.1373+1.0*0.9747
=15.73

* 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 $331.6 Mil.
Total Current Assets was $234.5 Mil.
Total Current Liabilities was $61.7 Mil.
Retained Earnings was $417.3 Mil.
Pre-Tax Income was $26.5 Mil.
Interest Expense was $-2.7 Mil.
Revenue was $323.2 Mil.
Market Cap (Today) was $1,828.5 Mil.
Total Liabilities was $90.8 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
=(234.5 - 61.7)/331.6
=0.5211

X2=Retained Earnings/Total Assets
=417.3/331.6
=1.2584

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(26.5 - -2.7)/331.6
=0.0881

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1828.464/90.8
=20.1373

X5=Revenue/Total Assets
=323.2/331.6
=0.9747

The zones of discrimination were as such:

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

Raspberry Pi Holdings has a Altman Z-Score of 15.73 indicating it is in Safe 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 15.73 mean?
Raspberry Pi Holdings (RPBPF) has a Altman Z-Score of 15.73 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Raspberry Pi Holdings and its competitors. This is 61% above median its historical median of 9.77. Over the past decade, Raspberry Pi Holdings' Altman Z-Score has ranged from 8.79 to 18.88. According to the industry distribution chart, Raspberry Pi Holdings ranks #185 out of 2456 companies in the Hardware industry, placing it in the top 7.5%.
Is Raspberry Pi Holdings' Altman Z-Score too high?
Raspberry Pi Holdings' current Altman Z-Score of 15.73 is 61% above median its 10-year median of 9.77. Over the past 10 years, this metric has ranged from a low of 8.79 to a high of 18.88. The Hardware industry median Altman Z-Score is 3.71. Raspberry Pi Holdings' value of 15.73 is 324% above this industry median. Based on the distribution chart, Raspberry Pi Holdings ranks #185 out of 2456 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Raspberry Pi Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Raspberry Pi Holdings' Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Raspberry Pi Holdings ranks #185 out of 2456 companies for Altman Z-Score. This places Raspberry Pi Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.71. Raspberry Pi Holdings' value of 15.73 is 324% above this benchmark. Historically, Raspberry Pi Holdings' own Altman Z-Score has ranged from 8.79 to 18.88 over the past decade. While the company's 10-year median is 9.77 vs. the industry median of 3.71, Raspberry Pi Holdings 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 3.71, based on 2,456 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. Raspberry Pi Holdings's current Altman Z-Score of 15.73 is 324% 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 Raspberry Pi Holdings and its competitors. For the Hardware industry, the median Altman Z-Score is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raspberry Pi Holdings's current Altman Z-Score is 15.73, which is 61% above median its own 10-year median of 9.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raspberry Pi Holdings stock overvalued right now?
Raspberry Pi Holdings (RPBPF) has a current Altman Z-Score of 15.73. The current Altman Z-Score is 15.73, which is 61% above median its 10-year median of 9.77 and 324% above the Hardware industry median of 3.71. Raspberry Pi Holdings' overall GF Score™ is 24/100 with 1 warning sign 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 Raspberry Pi Holdings (RPBPF), the current Altman Z-Score is 15.73 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.

Raspberry Pi Holdings Business Description

Other Exchanges RPIl:UKRPI:UK0IK:Germany
Address Milton Road, 194 Cambridge Science Park, Cambridge, GBR, CB4 0AB
Raspberry Pi Holdings PLC is a Company involved in designing and developing high-performance, low-cost single-board computers (SBCs) and compute modules for industrial IoT customers and embedded uses, as well as for educators and enthusiasts, in extensive markets. The Group has a single operating segment- the manufacture and sale of cost-effective programmable computing devices. It is an established, full-stack engineering organization with research and development capabilities spanning the entire value chain, from semiconductor intellectual property development to the design of finished semiconductor and electronic products to software engineering and regulatory compliance.
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