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 1.84 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Enterprise Group has a Altman Z-Score of 1.84, indicating it is in Grey Zones. This implies that Enterprise Group is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Enterprise Group's Altman Z-Score or its related term are showing as below:
TSX:E'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.94 Med: -0.14 Max: 3.66
Current: 1.84
During the past 13 years, Enterprise Group's highest Altman Z-Score was 3.66. The lowest was -0.94. And the median was -0.14.
Enterprise Group (TSX:E) 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.
Enterprise Group Altman Z-Score Related Terms
Enterprise Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Enterprise Group'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 Oil & Gas Equipment & Services subindustry, Enterprise Group'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.
Enterprise Group Altman Z-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Enterprise Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Enterprise Group'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.
Enterprise Group'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
*
0.1319
+
1.4
*
-0.2563
+
3.3
*
0.044
+
0.6
*
2.6775
+
1.0
*
0.285
=
1.84
* 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.
Enterprise Group (TSX:E) has a Altman Z-Score of 1.84 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Enterprise Group and its competitors. According to the industry distribution chart, Enterprise Group ranks #461 out of 900 companies in the Oil & Gas industry, placing it in the top 51.2%.
Is Enterprise Group's Altman Z-Score too high?
Enterprise Group's current Altman Z-Score is 1.84. The Oil & Gas industry median Altman Z-Score is 1.90. Enterprise Group's value of 1.84 is 2.9% below this industry median. Based on the distribution chart, Enterprise Group ranks #461 out of 900 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Enterprise Group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Enterprise Group's Altman Z-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Enterprise Group ranks #461 out of 900 companies for Altman Z-Score. This places Enterprise Group in the lower half of its industry. The industry median Altman Z-Score is 1.90. Enterprise Group's value of 1.84 is 2.9% below this benchmark. 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.90, based on 900 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. Enterprise Group's current Altman Z-Score of 1.84 is 2.9% 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 Enterprise Group and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enterprise Group's current Altman Z-Score is 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enterprise Group stock overvalued right now?
Based on GuruFocus' analysis, Enterprise Group (TSX:E) is currently considered Fairly Valued. The stock's GF Value™ is C$1.28, compared to a current price of C$1.40 — trading 9.4% above its estimated fair value. The current Altman Z-Score is 1.84 and 2.9% below the Oil & Gas industry median of 1.90. Enterprise Group's overall GF Score™ is 81/100 with 6 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 Enterprise Group (TSX:E), the current Altman Z-Score is 1.84 as of Jun. 29, 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 Enterprise Group (TSX:E) Overvalued in 2026?
Based on GuruFocus' analysis, Enterprise Group stock appears to be overvalued.
The current stock price of C$1.40 is trading 9.4% above its estimated GF Value™ of C$1.28.
GuruFocus considers Enterprise Group to be Fairly Valued.
Key valuation signals for TSX:E:
Altman Z-Score: 1.84
GF Value™: C$1.28 vs. price of C$1.40 (9.4% above fair value)
Industry Position: 2.9% below the Oil & Gas median (#461 of 900)
No single metric tells the full story. See the TSX:E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enterprise Group Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients.
81GF Score
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