Grammer AG (WBO:GMM) Altman Z-Score: 1.43 (As of Jun. 29, 2026) — 14% Below Median


WBO:GMM Grammer AG WBO:GMM
78 GF Score
Price €9.05
GF Value €7.99
! 8 Warning Signs
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What is Grammer AG Altman Z-Score?

Grammer AG WBO:GMM -0.55% 78 Altman Z-Score is 1.43 as of Jun. 29, 2026, which is 14% below its 10-year median of 1.67. GuruFocus rates WBO:GMM with a GF Score™ of 78/100 and a GF Value™ of €7.99. The stock has 8 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Grammer AG ranks worse than 79.71% 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.

Warning Sign:

Altman Z-score of 1.43 is in distress zone. This implies bankruptcy possibility in the next two years.

Grammer AG has a Altman Z-Score of 1.43, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Grammer AG's Altman Z-Score or its related term are showing as below:

WBO:GMM' s Altman Z-Score Range Over the Past 10 Years
Min: 1.24   Med: 1.67   Max: 3.07
Current: 1.43

During the past 13 years, Grammer AG's highest Altman Z-Score was 3.07. The lowest was 1.24. And the median was 1.67.


Grammer AG  (WBO:GMM) 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.


Grammer AG Altman Z-Score Related Terms


Grammer AG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Grammer AG'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.

Grammer AG Altman Z-Score Chart

Grammer AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.53 1.43 1.30 1.44

Grammer AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.38 1.37 1.44 1.44 1.42

WBO:GMM vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, Grammer AG'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.


Grammer AG Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grammer AG's Altman Z-Score distribution charts can be found below:

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


WBO:GMM
78GF Score
Grammer AG WBO:GMM
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Grammer AG 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.

Grammer AG'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*0.0447+1.4*0.0364+3.3*0.0508+0.6*0.101+1.0*1.0944
=1.43

* 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 €1,641 Mil.
Total Current Assets was €697 Mil.
Total Current Liabilities was €624 Mil.
Retained Earnings was €60 Mil.
Pre-Tax Income was 13.444 + 13.637 + 12.074 + -4.188 = €35 Mil.
Interest Expense was -10.491 + -15.25 + -10.405 + -12.264 = €-48 Mil.
Revenue was 461.982 + 434.33 + 433.215 + 466.219 = €1,796 Mil.
Market Cap (Today) was €136 Mil.
Total Liabilities was €1,343 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
=(697.235 - 623.916)/1640.901
=0.0447

X2=Retained Earnings/Total Assets
=59.667/1640.901
=0.0364

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(34.967 - -48.41)/1640.901
=0.0508

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=135.662/1343.06
=0.101

X5=Revenue/Total Assets
=1795.746/1640.901
=1.0944

The zones of discrimination were as such:

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

Grammer AG has a Altman Z-Score of 1.43 indicating it is in Distress 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 1.43 mean?
Grammer AG (WBO:GMM) has a Altman Z-Score of 1.43 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Grammer AG and its competitors. This is 14% below median its historical median of 1.67. Over the past decade, Grammer AG's Altman Z-Score has ranged from 1.24 to 3.07. According to the industry distribution chart, Grammer AG ranks #1045 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 79.7%.
Is Grammer AG's Altman Z-Score too high?
Grammer AG's current Altman Z-Score of 1.43 is 14% below median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 3.07. The Vehicles & Parts industry median Altman Z-Score is 2.54. Grammer AG's value of 1.43 is 43.7% below this industry median. Based on the distribution chart, Grammer AG ranks #1045 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Grammer AG has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Grammer AG's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Grammer AG ranks #1045 out of 1311 companies for Altman Z-Score. This places Grammer AG in the lower half of its industry. The industry median Altman Z-Score is 2.54. Grammer AG's value of 1.43 is 43.7% below this benchmark. Historically, Grammer AG's own Altman Z-Score has ranged from 1.24 to 3.07 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 2.54, Grammer AG has consistently been below 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.54, based on 1,311 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. Grammer AG's current Altman Z-Score of 1.43 is 43.7% 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 Grammer AG and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grammer AG's current Altman Z-Score is 1.43, which is 14% below median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grammer AG stock overvalued right now?
Grammer AG (WBO:GMM) has a current Altman Z-Score of 1.43. The stock's GF Value™ is €7.99, compared to a current price of €9.05 — trading 13.3% above its estimated fair value. The current Altman Z-Score is 1.43, which is 14% below median its 10-year median of 1.67 and 43.7% below the Vehicles & Parts industry median of 2.54. Grammer AG's overall GF Score™ is 78/100 with 8 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 Grammer AG (WBO:GMM), the current Altman Z-Score is 1.43 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 Grammer AG (WBO:GMM) Overvalued in 2026?

Based on GuruFocus' analysis, Grammer AG stock appears to be overvalued. The current stock price of €9.05 is trading 13.3% above its estimated GF Value™ of €7.99.

Key valuation signals for WBO:GMM:

  • Altman Z-Score: 1.43 (14% below median its 10-year median of 1.67)
  • GF Value™: €7.99 vs. price of €9.05 (13.3% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 43.7% below the Vehicles & Parts median (#1045 of 1311)

No single metric tells the full story. See the WBO:GMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grammer AG Business Description

Other Exchanges 0OQX:UKGMM:Germany
Address Grammer-Allee 2, Ursensollen, BY, DEU, 92289
Grammer AG specializes in developing and manufacturing components and systems for car interiors as well as driver and passenger seats for off-road vehicles, trucks, buses, and trains. Its product portfolio comprises consoles and armrests, headrests, and other interior products for cars, as well as passenger seats, interior components, and related spare parts for commercial vehicles, among others. The company has three reportable segments: EMEA, Americas, and APAC. The majority of its revenue is generated from the EMEA segment (Europe, Middle East, and Africa).
78GF Score

Get the complete analysis for WBO:GMM

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

€9.05
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