STRFF (Star Royalties) Altman Z-Score: 29.57 (As of Jun. 24, 2026) — 14% Below Median


STRFF Star Royalties Ltd STRFF
25 GF Score
Price $0.33
GF Value $0.10
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Star Royalties Altman Z-Score?

Star Royalties STRFF -1.76% 25 Altman Z-Score is 29.57 as of Jun. 24, 2026, which is 14% below its 10-year median of 34.41. GuruFocus rates STRFF with a GF Score™ of 25/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 790 Metals & Mining companies, Star Royalties ranks better than 93.92% 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 30.91 is strong.

Star Royalties has a Altman Z-Score of 29.57, 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 Star Royalties's Altman Z-Score or its related term are showing as below:

STRFF' s Altman Z-Score Range Over the Past 10 Years
Min: 10.33   Med: 34.41   Max: 68.92
Current: 30.91

During the past 7 years, Star Royalties's highest Altman Z-Score was 68.92. The lowest was 10.33. And the median was 34.41.


Star Royalties  (OTCPK:STRFF) 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.


Star Royalties Altman Z-Score Related Terms


Star Royalties Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Star Royalties'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.

Star Royalties Altman Z-Score Chart

Star Royalties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 48.28 18.21 14.86 26.37 10.33

Star Royalties 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 25.41 35.47 35.72 10.33 34.41

STRFF vs HL: Altman Z-Score Comparison

For the Other Precious Metals & Mining subindustry, Star Royalties'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.


Star Royalties Altman Z-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Star Royalties's Altman Z-Score distribution charts can be found below:

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


STRFF
25GF Score
Star Royalties Ltd STRFF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Star Royalties 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.

Star Royalties'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*0.1675+1.4*-0.4788+3.3*-0.4672+0.6*52.5956+1.0*0.0251
=29.57

* 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 $19.20 Mil.
Total Current Assets was $3.72 Mil.
Total Current Liabilities was $0.50 Mil.
Retained Earnings was $-9.19 Mil.
Pre-Tax Income was -0.118 + -8.065 + 0.007 + -0.797 = $-8.97 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 0.179 + 0.166 + 0.04 + 0.097 = $0.48 Mil.
Market Cap (Today) was $26.40 Mil.
Total Liabilities was $0.50 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
=(3.719 - 0.502)/19.204
=0.1675

X2=Retained Earnings/Total Assets
=-9.194/19.204
=-0.4788

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-8.973 - 0)/19.204
=-0.4672

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=26.403/0.502
=52.5956

X5=Revenue/Total Assets
=0.482/19.204
=0.0251

The zones of discrimination were as such:

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

Star Royalties has a Altman Z-Score of 29.57 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 29.57 mean?
Star Royalties (STRFF) has a Altman Z-Score of 29.57 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Star Royalties and its competitors. This is 14% below median its historical median of 34.41. Over the past decade, Star Royalties' Altman Z-Score has ranged from 10.33 to 68.92. According to the industry distribution chart, Star Royalties ranks #48 out of 790 companies in the Metals & Mining industry, placing it in the top 6.1%.
Is Star Royalties' Altman Z-Score too high?
Star Royalties' current Altman Z-Score of 29.57 is 14% below median its 10-year median of 34.41. Over the past 10 years, this metric has ranged from a low of 10.33 to a high of 68.92. The Metals & Mining industry median Altman Z-Score is 3.45. Star Royalties' value of 29.57 is 758.3% above this industry median. Based on the distribution chart, Star Royalties ranks #48 out of 790 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Star Royalties has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Royalties' Altman Z-Score compare to HL?
According to the Metals & Mining industry distribution chart, Star Royalties ranks #48 out of 790 companies for Altman Z-Score. This places Star Royalties in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.45. Star Royalties' value of 29.57 is 758.3% above this benchmark. Historically, Star Royalties' own Altman Z-Score has ranged from 10.33 to 68.92 over the past decade. While the company's 10-year median is 34.41 vs. the industry median of 3.45, Star Royalties 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.45, based on 790 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. Star Royalties's current Altman Z-Score of 29.57 is 758.3% 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 Star Royalties and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Royalties's current Altman Z-Score is 29.57, which is 14% below median its own 10-year median of 34.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Royalties stock overvalued right now?
Based on GuruFocus' analysis, Star Royalties (STRFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.33 — trading 234% above its estimated fair value. The current Altman Z-Score is 29.57, which is 14% below median its 10-year median of 34.41 and 758.3% above the Metals & Mining industry median of 3.45. Star Royalties' overall GF Score™ is 25/100 with 2 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 Star Royalties (STRFF), the current Altman Z-Score is 29.57 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 Star Royalties (STRFF) Overvalued in 2026?

Based on GuruFocus' analysis, Star Royalties stock appears to be overvalued. The current stock price of $0.33 is trading 234% above its estimated GF Value™ of $0.10. GuruFocus considers Star Royalties to be Significantly Overvalued.

Key valuation signals for STRFF:

  • Altman Z-Score: 29.57 (14% below median its 10-year median of 34.41)
  • GF Value™: $0.10 vs. price of $0.33 (234% above fair value)
  • GF Score™: 25/100 with 2 warning signs
  • Industry Position: 758.3% above the Metals & Mining median (#48 of 790)

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


Star Royalties Business Description

Other Exchanges 8IH:GermanySTRR:Canada
Address 1601 - 110 Yonge Street, Toronto, ON, CAN, M5C 1T4
Star Royalties Ltd is a royalty and streaming investment company that offers investors exposure to precious metals and carbon credit prices, as well as cleantech and other decarbonization projects. The company mainly funds precious metals projects in Tier 1 jurisdictions that have low geopolitical risk, visibility to cash flow, and wealth creation potential through exploration. The royalty and stream assets in its portfolio include Copperstone Gold Project, Elk Gold Project, Keysbrook Project, NativState Improved Forest Management Carbon Offset Portfolio, MOBISMART, and the Elizabeth Metis Settlement Forest Carbon Offset Project. The company's key assets are located across the United States, Canada, Australia, and Mongolia.
25GF Score

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

$0.33
Price
$0.10
GF Value