ABO-Group Environment NV (XPAR:ABO) Altman Z-Score: 1.63 (As of Jul. 03, 2026) — 13% Below Median


XPAR:ABO ABO-Group Environment NV XPAR:ABO
66 GF Score
Price €3.50
GF Value €6.74
! 5 Warning Signs
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What is ABO-Group Environment NV Altman Z-Score?

ABO-Group Environment NV XPAR:ABO 66 Altman Z-Score is 1.63 as of Jul. 03, 2026, which is 13% below its 10-year median of 1.87. GuruFocus rates XPAR:ABO with a GF Score™ of 66/100 and a GF Value™ of €6.74. The stock has 5 warning signs investors should review. Among 1,753 Construction companies, ABO-Group Environment NV ranks worse than 66.57% 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 1.64 is in distress zone. This implies bankruptcy possibility in the next two years.

ABO-Group Environment NV has a Altman Z-Score of 1.63, 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 ABO-Group Environment NV's Altman Z-Score or its related term are showing as below:

XPAR:ABO' s Altman Z-Score Range Over the Past 10 Years
Min: 1.64   Med: 1.87   Max: 2.24
Current: 1.64

During the past 13 years, ABO-Group Environment NV's highest Altman Z-Score was 2.24. The lowest was 1.64. And the median was 1.87.


ABO-Group Environment NV  (XPAR:ABO) 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.


ABO-Group Environment NV Altman Z-Score Related Terms


ABO-Group Environment NV Altman Z-Score Historical Data

* Premium members only.

The historical data trend for ABO-Group Environment NV'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.

ABO-Group Environment NV Altman Z-Score Chart

ABO-Group Environment NV 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 1.98 2.08 1.93 1.68 1.77

ABO-Group Environment NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.93 0.00 1.68 0.00 1.77

XPAR:ABO vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, ABO-Group Environment NV'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.


ABO-Group Environment NV Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, ABO-Group Environment NV's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where ABO-Group Environment NV's Altman Z-Score falls into.


XPAR:ABO
66GF Score
ABO-Group Environment NV XPAR:ABO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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ABO-Group Environment NV 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.

ABO-Group Environment NV'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*0.0649+1.4*0.0403+3.3*0.0301+0.6*0.5594+1.0*1.0651
=1.63

* 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 Dec. 2025:
Total Assets was €99.9 Mil.
Total Current Assets was €56.0 Mil.
Total Current Liabilities was €49.5 Mil.
Retained Earnings was €4.0 Mil.
Pre-Tax Income was €1.6 Mil.
Interest Expense was €-1.4 Mil.
Revenue was €106.5 Mil.
Market Cap (Today) was €39.7 Mil.
Total Liabilities was €71.0 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
=(55.979 - 49.489)/99.948
=0.0649

X2=Retained Earnings/Total Assets
=4.026/99.948
=0.0403

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.612 - -1.397)/99.948
=0.0301

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=39.738/71.041
=0.5594

X5=Revenue/Total Assets
=106.45/99.948
=1.0651

The zones of discrimination were as such:

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

ABO-Group Environment NV has a Altman Z-Score of 1.63 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 1.63 mean?
ABO-Group Environment NV (XPAR:ABO) has a Altman Z-Score of 1.63 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on ABO-Group Environment NV and its competitors. This is 13% below median its historical median of 1.87. Over the past decade, ABO-Group Environment NV's Altman Z-Score has ranged from 1.64 to 2.24. According to the industry distribution chart, ABO-Group Environment NV ranks #1167 out of 1753 companies in the Construction industry, placing it in the top 66.6%.
Is ABO-Group Environment NV's Altman Z-Score too high?
ABO-Group Environment NV's current Altman Z-Score of 1.63 is 13% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 2.24. The Construction industry median Altman Z-Score is 2.33. ABO-Group Environment NV's value of 1.63 is 30% below this industry median. Based on the distribution chart, ABO-Group Environment NV ranks #1167 out of 1753 companies in the Construction industry, which is below the industry midpoint. Overall, ABO-Group Environment NV has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does ABO-Group Environment NV's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, ABO-Group Environment NV ranks #1167 out of 1753 companies for Altman Z-Score. This places ABO-Group Environment NV in the lower half of its industry. The industry median Altman Z-Score is 2.33. ABO-Group Environment NV's value of 1.63 is 30% below this benchmark. Historically, ABO-Group Environment NV's own Altman Z-Score has ranged from 1.64 to 2.24 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.33, ABO-Group Environment NV 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,753 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. ABO-Group Environment NV's current Altman Z-Score of 1.63 is 30% 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 ABO-Group Environment NV and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABO-Group Environment NV's current Altman Z-Score is 1.63, which is 13% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABO-Group Environment NV stock overvalued right now?
ABO-Group Environment NV (XPAR:ABO) has a current Altman Z-Score of 1.63. The stock's GF Value™ is €6.74, compared to a current price of €3.50 — trading 48.1% below its estimated fair value. The current Altman Z-Score is 1.63, which is 13% below median its 10-year median of 1.87 and 30% below the Construction industry median of 2.33. ABO-Group Environment NV's overall GF Score™ is 66/100 with 5 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 ABO-Group Environment NV (XPAR:ABO), the current Altman Z-Score is 1.63 as of Jul. 03, 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 ABO-Group Environment NV (XPAR:ABO) Overvalued in 2026?

Based on GuruFocus' analysis, ABO-Group Environment NV stock appears to be undervalued. The current stock price of €3.50 is trading 48.1% below its estimated GF Value™ of €6.74.

Key valuation signals for XPAR:ABO:

  • Altman Z-Score: 1.63 (13% below median its 10-year median of 1.87)
  • GF Value™: €6.74 vs. price of €3.50 (48.1% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 30% below the Construction median (#1167 of 1753)

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


ABO-Group Environment NV Business Description

Address Derbystraat 255, Gent, BEL, 9051
ABO-Group Environment NV is engaged in developing environmental companies providing testing and engineering in areas including soil, environment, geotechnical, energy and waste management.
66GF Score

Get the complete analysis for XPAR:ABO

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

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