Elliptic Laboratories ASASTU:EIP -2.31%64 Altman Z-Score is 7.30 as of Jul. 07, 2026, which is 73% below its 10-year median of 27.28. GuruFocus rates STU:EIP with a GF Score™ of 64/100 and a GF Value™ of €1.28 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,759 Software companies, Elliptic Laboratories ASA ranks better than 82.35% 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 7.57 is strong.
Elliptic Laboratories ASA has a Altman Z-Score of 7.30, 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 Elliptic Laboratories ASA's Altman Z-Score or its related term are showing as below:
STU:EIP'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.26 Med: 27.28 Max: 61.32
Current: 7.57
During the past 9 years, Elliptic Laboratories ASA's highest Altman Z-Score was 61.32. The lowest was 7.26. And the median was 27.28.
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.
STU:EIP vs MSFT, ORCL, PLTR: Altman Z-Score Comparison
For the Software - Infrastructure subindustry, Elliptic Laboratories 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.
Elliptic Laboratories ASA Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Elliptic Laboratories ASA's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Elliptic Laboratories 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.
Elliptic Laboratories ASA (STU:EIP) has a Altman Z-Score of 7.30 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Elliptic Laboratories ASA and its competitors. This is 73% below median its historical median of 27.28. Over the past decade, Elliptic Laboratories ASA's Altman Z-Score has ranged from 7.26 to 61.32. According to the industry distribution chart, Elliptic Laboratories ASA ranks #487 out of 2759 companies in the Software industry, placing it in the top 17.7%.
Is Elliptic Laboratories ASA's Altman Z-Score too high?
Elliptic Laboratories ASA's current Altman Z-Score of 7.30 is 73% below median its 10-year median of 27.28. Over the past 10 years, this metric has ranged from a low of 7.26 to a high of 61.32. The Software industry median Altman Z-Score is 3.19. Elliptic Laboratories ASA's value of 7.30 is 128.8% above this industry median. Based on the distribution chart, Elliptic Laboratories ASA ranks #487 out of 2759 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Elliptic Laboratories ASA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elliptic Laboratories ASA's Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Elliptic Laboratories ASA ranks #487 out of 2759 companies for Altman Z-Score. This places Elliptic Laboratories ASA in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.19. Elliptic Laboratories ASA's value of 7.30 is 128.8% above this benchmark. Historically, Elliptic Laboratories ASA's own Altman Z-Score has ranged from 7.26 to 61.32 over the past decade. While the company's 10-year median is 27.28 vs. the industry median of 3.19, Elliptic Laboratories 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 Software company?
The median Altman Z-Score among Software companies is 3.19, based on 2,759 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. Elliptic Laboratories ASA's current Altman Z-Score of 7.30 is 128.8% 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 Elliptic Laboratories ASA and its competitors. For the Software industry, the median Altman Z-Score is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elliptic Laboratories ASA's current Altman Z-Score is 7.30, which is 73% below median its own 10-year median of 27.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elliptic Laboratories ASA stock overvalued right now?
Based on GuruFocus' analysis, Elliptic Laboratories ASA (STU:EIP) is currently considered Possible Value Trap. The stock's GF Value™ is €1.28, compared to a current price of €0.25 — trading 80.2% below its estimated fair value. The current Altman Z-Score is 7.30, which is 73% below median its 10-year median of 27.28 and 128.8% above the Software industry median of 3.19. Elliptic Laboratories ASA's overall GF Score™ is 64/100 with 3 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 Elliptic Laboratories ASA (STU:EIP), the current Altman Z-Score is 7.30 as of Jul. 07, 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 Elliptic Laboratories ASA (STU:EIP) Overvalued in 2026?
Based on GuruFocus' analysis, Elliptic Laboratories ASA stock appears to be undervalued.
The current stock price of €0.25 is trading 80.2% below its estimated GF Value™ of €1.28.
GuruFocus considers Elliptic Laboratories ASA to be Possible Value Trap.
Key valuation signals for STU:EIP:
Altman Z-Score: 7.30 (73% below median its 10-year median of 27.28)
GF Value™: €1.28 vs. price of €0.25 (80.2% below fair value)
Industry Position: 128.8% above the Software median (#487 of 2759)
No single metric tells the full story. See the STU:EIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elliptic Laboratories ASA develops and sells technical solutions that enable the interaction and information exchanges between individuals and technical devices, based on ultrasound software technology. Such devices include mobile phones, IoT devices, and other devices that could deploy the group's software technology to enhance the user experience. Its patented artificial intelligence (AI) software platform combines ultrasound and sensor fusion algorithms to deliver intuitive proximity, presence, and gesture sensing experiences. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, eco-friendly, and already deployed in hundreds of millions of devices around the world.
64GF Score
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