Allied GoldSTU:A240 -4.00%37 Altman Z-Score is 1.35 as of Jul. 09, 2026, which is 27% above its 10-year median of 1.06. GuruFocus rates STU:A240 with a GF Score™ of 37/100 and a GF Value™ of €14.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 785 Metals & Mining companies, Allied Gold ranks worse than 76.94% 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 1.38 is in distress zone. This implies bankruptcy possibility in the next two years.
Allied Gold has a Altman Z-Score of 1.35, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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 Allied Gold's Altman Z-Score or its related term are showing as below:
STU:A240'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.52 Med: 1.06 Max: 1.72
Current: 1.38
During the past 4 years, Allied Gold's highest Altman Z-Score was 1.72. The lowest was 0.52. And the median was 1.06.
Allied Gold (STU:A240) 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.
Allied Gold Altman Z-Score Related Terms
Allied Gold Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Allied Gold'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 Gold subindustry, Allied Gold'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.
Allied Gold Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Allied Gold's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Allied Gold'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.
Allied Gold'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
*
-0.1816
+
1.4
*
-0.2313
+
3.3
*
0.0977
+
0.6
*
1.5994
+
1.0
*
0.6103
=
1.35
* 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.
Allied Gold (STU:A240) has a Altman Z-Score of 1.35 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Allied Gold and its competitors. This is 27% above median its historical median of 1.06. Over the past decade, Allied Gold's Altman Z-Score has ranged from 0.52 to 1.72. According to the industry distribution chart, Allied Gold ranks #604 out of 785 companies in the Metals & Mining industry, placing it in the top 76.9%.
Is Allied Gold's Altman Z-Score too high?
Allied Gold's current Altman Z-Score of 1.35 is 27% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.72. The Metals & Mining industry median Altman Z-Score is 3.34. Allied Gold's value of 1.35 is 59.6% below this industry median. Based on the distribution chart, Allied Gold ranks #604 out of 785 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Allied Gold has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allied Gold's Altman Z-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Allied Gold ranks #604 out of 785 companies for Altman Z-Score. This places Allied Gold in the lower half of its industry. The industry median Altman Z-Score is 3.34. Allied Gold's value of 1.35 is 59.6% below this benchmark. Historically, Allied Gold's own Altman Z-Score has ranged from 0.52 to 1.72 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 3.34, Allied Gold 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 a Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.34, based on 785 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. Allied Gold's current Altman Z-Score of 1.35 is 59.6% 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 Allied Gold and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Gold's current Altman Z-Score is 1.35, which is 27% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Gold stock overvalued right now?
Based on GuruFocus' analysis, Allied Gold (STU:A240) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.21, compared to a current price of €19.58 — trading 37.8% above its estimated fair value. The current Altman Z-Score is 1.35, which is 27% above median its 10-year median of 1.06 and 59.6% below the Metals & Mining industry median of 3.34. Allied Gold's overall GF Score™ is 37/100 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 Allied Gold (STU:A240), the current Altman Z-Score is 1.35 as of Jul. 09, 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 Allied Gold (STU:A240) Overvalued in 2026?
Based on GuruFocus' analysis, Allied Gold stock appears to be overvalued.
The current stock price of €19.58 is trading 37.8% above its estimated GF Value™ of €14.21.
GuruFocus considers Allied Gold to be Significantly Overvalued.
Key valuation signals for STU:A240:
Altman Z-Score: 1.35 (27% above median its 10-year median of 1.06)
GF Value™: €14.21 vs. price of €19.58 (37.8% above fair value)
Industry Position: 59.6% below the Metals & Mining median (#604 of 785)
No single metric tells the full story. See the STU:A240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allied Gold Corp is a company focused on gold mining activities in Africa. Allied has three mines and several development and exploration projects in Africa, where it has operating experience. Operations are located in Cote d'Ivoire, Mali, and Ethiopia. The company expands and optimizes initiatives at existing operating mines, develops new mines, advances its exploration properties, and targets other consolidation opportunities, with a focus on Africa.
37GF Score
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