Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Arendals Fossekompani ASASTU:5VZ +0.62%66 Altman Z-Score is 3.72 as of Aug. 02, 2026, which is 23% above its 10-year median of 3.03. GuruFocus rates STU:5VZ with a GF Score™ of 66/100 and a GF Value™ of €10.37 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 548 Conglomerates companies, Arendals Fossekompani ASA ranks better than 78.83% 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 3.72 is strong.
Arendals Fossekompani ASA has a Altman Z-Score of 3.72, 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 Arendals Fossekompani ASA's Altman Z-Score or its related term are showing as below:
STU:5VZ'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.87 Med: 3.03 Max: 6.84
Current: 3.72
During the past 13 years, Arendals Fossekompani ASA's highest Altman Z-Score was 6.84. The lowest was 1.87. And the median was 3.03.
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.
* 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 Conglomerates subindustry, Arendals Fossekompani ASA'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.
Arendals Fossekompani ASA Altman Z-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Arendals Fossekompani ASA'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.
* 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.
Arendals Fossekompani ASA (STU:5VZ) has a Altman Z-Score of 3.72 as of Aug. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Arendals Fossekompani ASA and its competitors. This is 23% above median its historical median of 3.03. Over the past decade, Arendals Fossekompani ASA's Altman Z-Score has ranged from 1.87 to 6.84. According to the industry distribution chart, Arendals Fossekompani ASA ranks #116 out of 548 companies in the Conglomerates industry, placing it in the top 21.2%.
Is Arendals Fossekompani ASA's Altman Z-Score too high?
Arendals Fossekompani ASA's current Altman Z-Score of 3.72 is 23% above median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 6.84. The Conglomerates industry median Altman Z-Score is 2.06. Arendals Fossekompani ASA's value of 3.72 is 80.6% above this industry median. Based on the distribution chart, Arendals Fossekompani ASA ranks #116 out of 548 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Arendals Fossekompani ASA has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arendals Fossekompani ASA's Altman Z-Score compare to MMM and HON?
According to the Conglomerates industry distribution chart, Arendals Fossekompani ASA ranks #116 out of 548 companies for Altman Z-Score. This places Arendals Fossekompani ASA in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.06. Arendals Fossekompani ASA's value of 3.72 is 80.6% above this benchmark. Historically, Arendals Fossekompani ASA's own Altman Z-Score has ranged from 1.87 to 6.84 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 2.06, Arendals Fossekompani ASA 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 Conglomerates company?
The median Altman Z-Score among Conglomerates companies is 2.06, based on 548 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. Arendals Fossekompani ASA's current Altman Z-Score of 3.72 is 80.6% 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 Arendals Fossekompani ASA and its competitors. For the Conglomerates industry, the median Altman Z-Score is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arendals Fossekompani ASA's current Altman Z-Score is 3.72, which is 23% above median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arendals Fossekompani ASA stock overvalued right now?
Based on GuruFocus' analysis, Arendals Fossekompani ASA (STU:5VZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.37, compared to a current price of €16.35 — trading 57.7% above its estimated fair value. The current Altman Z-Score is 3.72, which is 23% above median its 10-year median of 3.03 and 80.6% above the Conglomerates industry median of 2.06. Arendals Fossekompani ASA's overall GF Score™ is 66/100 with 8 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 Arendals Fossekompani ASA (STU:5VZ), the current Altman Z-Score is 3.72 as of Aug. 02, 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 Arendals Fossekompani ASA (STU:5VZ) Overvalued in 2026?
Based on GuruFocus' analysis, Arendals Fossekompani ASA stock appears to be overvalued.
The current stock price of €16.35 is trading 57.7% above its estimated GF Value™ of €10.37.
GuruFocus considers Arendals Fossekompani ASA to be Significantly Overvalued.
Key valuation signals for STU:5VZ:
Altman Z-Score: 3.72 (23% above median its 10-year median of 3.03)
GF Value™: €10.37 vs. price of €16.35 (57.7% above fair value)
Industry Position: 80.6% above the Conglomerates median (#116 of 548)
No single metric tells the full story. See the STU:5VZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company invests in and owns companies that make energy from renewable sources more usable and accessible, and that contribute to a more sustainable use of resources. It owns and operates two hydropower plants. In addition, the firm operates globally in many forward-looking industries, including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has seven operating segments: Group Management, AFK Vannkraft, NSSLGIobaI, ENRX, Tekna, AFK Eiendom, and Others.
66GF Score
Get the complete analysis for STU:5VZ
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:5VZ has been successfully added to your 
