Energy FuelsTSX:EFR -0.53%82 Altman Z-Score is 3.28 as of Jul. 02, 2026, which is 37% below its 10-year median of 5.22. GuruFocus rates TSX:EFR with a GF Score™ of 82/100 and a GF Value™ of C$19.09 (Fairly Valued). The stock has 3 warning signs investors should review. Among 129 Other Energy Sources companies, Energy Fuels ranks better than 67.44% 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 3.28 is strong.
Energy Fuels has a Altman Z-Score of 3.28, 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 Energy Fuels's Altman Z-Score or its related term are showing as below:
TSX:EFR'
s Altman Z-Score Range Over the Past 10 Years
Min: -1.94 Med: 5.22 Max: 44.71
Current: 3.28
During the past 13 years, Energy Fuels's highest Altman Z-Score was 44.71. The lowest was -1.94. And the median was 5.22.
Energy Fuels (TSX:EFR) 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.
Energy Fuels Altman Z-Score Related Terms
Energy Fuels Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Energy Fuels'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 Uranium subindustry, Energy Fuels'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.
Energy Fuels Altman Z-Score vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Energy Fuels's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Energy Fuels'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.
Energy Fuels'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
*
0.6558
+
1.4
*
-0.3431
+
3.3
*
-0.0485
+
0.6
*
5.1308
+
1.0
*
0.0584
=
3.28
* 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.
Energy Fuels (TSX:EFR) has a Altman Z-Score of 3.28 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Energy Fuels and its competitors. This is 37% below median its historical median of 5.22. According to the industry distribution chart, Energy Fuels ranks #42 out of 129 companies in the Other Energy Sources industry, placing it in the top 32.6%.
Is Energy Fuels' Altman Z-Score too high?
Energy Fuels' current Altman Z-Score of 3.28 is 37% below median its 10-year median of 5.22. The Other Energy Sources industry median Altman Z-Score is 2.17. Energy Fuels' value of 3.28 is 51.2% above this industry median. Based on the distribution chart, Energy Fuels ranks #42 out of 129 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Energy Fuels has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energy Fuels' Altman Z-Score compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Energy Fuels ranks #42 out of 129 companies for Altman Z-Score. This puts Energy Fuels in the upper half of its industry. The industry median Altman Z-Score is 2.17. Energy Fuels' value of 3.28 is 51.2% above this benchmark. While the company's 10-year median is 5.22 vs. the industry median of 2.17, Energy Fuels 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 an Other Energy Sources company?
The median Altman Z-Score among Other Energy Sources companies is 2.17, based on 129 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. Energy Fuels's current Altman Z-Score of 3.28 is 51.2% 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 Energy Fuels and its competitors. For the Other Energy Sources industry, the median Altman Z-Score is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Fuels's current Altman Z-Score is 3.28, which is 37% below median its own 10-year median of 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Energy Fuels (TSX:EFR) is currently considered Fairly Valued. The stock's GF Value™ is C$19.09, compared to a current price of C$20.60 — trading 7.9% above its estimated fair value. The current Altman Z-Score is 3.28, which is 37% below median its 10-year median of 5.22 and 51.2% above the Other Energy Sources industry median of 2.17. Energy Fuels' overall GF Score™ is 82/100 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 Energy Fuels (TSX:EFR), the current Altman Z-Score is 3.28 as of Jul. 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 Energy Fuels (TSX:EFR) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Fuels stock appears to be overvalued.
The current stock price of C$20.60 is trading 7.9% above its estimated GF Value™ of C$19.09.
GuruFocus considers Energy Fuels to be Fairly Valued.
Key valuation signals for TSX:EFR:
Altman Z-Score: 3.28 (37% below median its 10-year median of 5.22)
GF Value™: C$19.09 vs. price of C$20.60 (7.9% above fair value)
Industry Position: 51.2% above the Other Energy Sources median (#42 of 129)
No single metric tells the full story. See the TSX:EFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Fuels Inc is a critical mineral company based in the U.S. It produces several critical minerals, including uranium, vanadium, REEs (including NdPr, Dy and Tb) and HMS (including titanium and zirconium minerals). The company's project portfolio comprises uranium properties like Pinyon Plain Project, White Mesa Mill, Roca Honda Project, etc.; Heavy Minerals Sands project like Vara Mada Project, Donald Project, Bahia Project, etc.; the Nichols Ranch Project, and several other properties. The firm's reportable segments are: Uranium, REE, and HMS. Key revenue is generated from the Uranium segment, which is involved in conventional and ISR uranium extraction, recovery and sales of uranium from mineral properties, and the recycling of uranium-bearing materials generated by third parties.
82GF Score
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