Tech Robotics (WAR:TCR) Altman Z-Score: 16.20 (As of Jul. 01, 2026) — 370% Above Median


WAR:TCR Tech Robotics SA WAR:TCR
2 GF Score
Price zł13.60
! 4 Warning Signs
View Full Analysis

What is Tech Robotics Altman Z-Score?

Tech Robotics WAR:TCR +1.49% 2 Altman Z-Score is 16.20 as of Jul. 01, 2026, which is 370% above its 10-year median of 3.45. GuruFocus rates WAR:TCR with a GF Score™ of 2/100. The stock has 4 warning signs investors should review. Among 549 Interactive Media companies, Tech Robotics ranks better than 91.62% 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 15.8 is strong.

Tech Robotics has a Altman Z-Score of 16.20, 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 Tech Robotics's Altman Z-Score or its related term are showing as below:

WAR:TCR' s Altman Z-Score Range Over the Past 10 Years
Min: 0.18   Med: 3.45   Max: 18.66
Current: 15.8

During the past 5 years, Tech Robotics's highest Altman Z-Score was 18.66. The lowest was 0.18. And the median was 3.45.


Tech Robotics  (WAR:TCR) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Tech Robotics Altman Z-Score Related Terms


Tech Robotics Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Tech Robotics'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.

Tech Robotics Altman Z-Score Chart

Tech Robotics Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 0.18 4.42

Tech Robotics Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.84 9.60 6.62 4.42 18.66

WAR:TCR vs NTES, EA, TTWO: Altman Z-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Tech Robotics'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.


Tech Robotics Altman Z-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tech Robotics's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Tech Robotics's Altman Z-Score falls into.


WAR:TCR
2GF Score
Tech Robotics SA WAR:TCR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tech Robotics Altman Z-Score Calculation

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.

Tech Robotics'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*-0.1713+1.4*-0.5168+3.3*-0.33+0.6*30.2125+1.0*0.0885
=16.20

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was zł5.59 Mil.
Total Current Assets was zł1.83 Mil.
Total Current Liabilities was zł2.79 Mil.
Retained Earnings was zł-2.89 Mil.
Pre-Tax Income was -0.506 + -0.385 + -0.603 + -0.43 = zł-1.92 Mil.
Interest Expense was -0.038 + -0.017 + -0.011 + -0.012 = zł-0.08 Mil.
Revenue was 0 + 0.114 + 0 + 0.381 = zł0.50 Mil.
Market Cap (Today) was zł84.29 Mil.
Total Liabilities was zł2.79 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(1.832 - 2.79)/5.594
=-0.1713

X2=Retained Earnings/Total Assets
=-2.891/5.594
=-0.5168

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.924 - -0.078)/5.594
=-0.33

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=84.293/2.79
=30.2125

X5=Revenue/Total Assets
=0.495/5.594
=0.0885

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Tech Robotics has a Altman Z-Score of 16.20 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 16.20 mean?
Tech Robotics (WAR:TCR) has a Altman Z-Score of 16.20 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tech Robotics and its competitors. This is 370% above median its historical median of 3.45. Over the past decade, Tech Robotics' Altman Z-Score has ranged from 0.18 to 18.66. According to the industry distribution chart, Tech Robotics ranks #46 out of 549 companies in the Interactive Media industry, placing it in the top 8.4%.
Is Tech Robotics' Altman Z-Score too high?
Tech Robotics' current Altman Z-Score of 16.20 is 370% above median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 18.66. The Interactive Media industry median Altman Z-Score is 3.02. Tech Robotics' value of 16.20 is 436.4% above this industry median. Based on the distribution chart, Tech Robotics ranks #46 out of 549 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Tech Robotics has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Tech Robotics' Altman Z-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, Tech Robotics ranks #46 out of 549 companies for Altman Z-Score. This places Tech Robotics in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.02. Tech Robotics' value of 16.20 is 436.4% above this benchmark. Historically, Tech Robotics' own Altman Z-Score has ranged from 0.18 to 18.66 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 3.02, Tech Robotics 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 Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.02, based on 549 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. Tech Robotics's current Altman Z-Score of 16.20 is 436.4% 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 Tech Robotics and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tech Robotics's current Altman Z-Score is 16.20, which is 370% above median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech Robotics stock overvalued right now?
Tech Robotics (WAR:TCR) has a current Altman Z-Score of 16.20. The current Altman Z-Score is 16.20, which is 370% above median its 10-year median of 3.45 and 436.4% above the Interactive Media industry median of 3.02. Tech Robotics' overall GF Score™ is 2/100 with 4 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 Tech Robotics (WAR:TCR), the current Altman Z-Score is 16.20 as of Jul. 01, 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.

Tech Robotics Business Description

Address ul. Dzika 15/13, Warszawa, POL, 00-172
Tech Robotics SA formerly No Gravity Development SA operates as an independent development studio created by the listed computer game publisher No Gravity Games SA. It specializes mainly in porting (transferring from one hardware platform to another) games while maintaining the highest quality standards, with particular emphasis on console platforms, i.e. Nintendo Switch, Xbox One, Xbox Series, PlayStation 4, and PlayStation 5.
2GF Score

Get the complete analysis for WAR:TCR

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł13.60
Price