Software Mansion S AWAR:SWM -0.44%22 Altman Z-Score is 14.72 as of Jun. 26, 2026, which is 26% below its 10-year median of 19.94. GuruFocus rates WAR:SWM with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 2,764 Software companies, Software Mansion S A ranks better than 92.62% 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 14.59 is strong.
Software Mansion S A has a Altman Z-Score of 14.72, 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 Software Mansion S A's Altman Z-Score or its related term are showing as below:
WAR:SWM'
s Altman Z-Score Range Over the Past 10 Years
Min: 14.59 Med: 19.94 Max: 21.59
Current: 14.59
During the past 5 years, Software Mansion S A's highest Altman Z-Score was 21.59. The lowest was 14.59. And the median was 19.94.
Software Mansion S A (WAR:SWM) 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.
Software Mansion S A Altman Z-Score Related Terms
Software Mansion S A Altman Z-Score Historical Data
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The historical data trend for Software Mansion S A'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.
WAR:SWM vs MSFT, ORCL, PLTR: Altman Z-Score Comparison
For the Software - Infrastructure subindustry, Software Mansion S A'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.
Software Mansion S A Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Software Mansion S A's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Software Mansion S A'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.
Software Mansion S A'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
*
0.5691
+
1.4
*
0.3431
+
3.3
*
0.3939
+
0.6
*
17.1703
+
1.0
*
1.9587
=
14.72
* 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.
Software Mansion S A (WAR:SWM) has a Altman Z-Score of 14.72 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Software Mansion S A and its competitors. This is 26% below median its historical median of 19.94. Over the past decade, Software Mansion S A's Altman Z-Score has ranged from 14.59 to 21.59. According to the industry distribution chart, Software Mansion S A ranks #204 out of 2764 companies in the Software industry, placing it in the top 7.4%.
Is Software Mansion S A's Altman Z-Score too high?
Software Mansion S A's current Altman Z-Score of 14.72 is 26% below median its 10-year median of 19.94. Over the past 10 years, this metric has ranged from a low of 14.59 to a high of 21.59. The Software industry median Altman Z-Score is 3.14. Software Mansion S A's value of 14.72 is 369.5% above this industry median. Based on the distribution chart, Software Mansion S A ranks #204 out of 2764 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Software Mansion S A has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Software Mansion S A's Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Software Mansion S A ranks #204 out of 2764 companies for Altman Z-Score. This places Software Mansion S A in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.14. Software Mansion S A's value of 14.72 is 369.5% above this benchmark. Historically, Software Mansion S A's own Altman Z-Score has ranged from 14.59 to 21.59 over the past decade. While the company's 10-year median is 19.94 vs. the industry median of 3.14, Software Mansion S A 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 3.14, based on 2,764 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. Software Mansion S A's current Altman Z-Score of 14.72 is 369.5% 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 Software Mansion S A and its competitors. For the Software industry, the median Altman Z-Score is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Software Mansion S A's current Altman Z-Score is 14.72, which is 26% below median its own 10-year median of 19.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Software Mansion S A stock overvalued right now?
Software Mansion S A (WAR:SWM) has a current Altman Z-Score of 14.72. The current Altman Z-Score is 14.72, which is 26% below median its 10-year median of 19.94 and 369.5% above the Software industry median of 3.14. Software Mansion S A's overall GF Score™ is 22/100 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 Software Mansion S A (WAR:SWM), the current Altman Z-Score is 14.72 as of Jun. 26, 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.
Software Mansion S A is Krakow based software company that deals with solving technological challenges for their clients and developing open-source technologies. It cooperates with a variety of clients, including technological start-ups from Silicon Valley and New York, as well as well-known companies with a stable position on the market. Their portfolio includes projects from industries such as Ed-Tech, Fin-Tech, blockchain, healthcare, e-commerce, multimedia and consumer applications.
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