Embention Sistemas Inteligentes (XPAR:MLUAV) Altman Z-Score: 4.22 (As of Jul. 03, 2026) — 62% Below Median


XPAR:MLUAV Embention Sistemas Inteligentes SA XPAR:MLUAV
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What is Embention Sistemas Inteligentes Altman Z-Score?

Embention Sistemas Inteligentes XPAR:MLUAV 36 Altman Z-Score is 4.22 as of Jul. 03, 2026, which is 62% below its 10-year median of 11.08. GuruFocus rates XPAR:MLUAV with a GF Score™ of 36/100. Among 2,456 Hardware companies, Embention Sistemas Inteligentes ranks better than 57.65% 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 4.22 is strong.

Embention Sistemas Inteligentes has a Altman Z-Score of 4.22, 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 Embention Sistemas Inteligentes's Altman Z-Score or its related term are showing as below:

XPAR:MLUAV' s Altman Z-Score Range Over the Past 10 Years
Min: 4.22   Med: 11.08   Max: 12.38
Current: 4.22

During the past 6 years, Embention Sistemas Inteligentes's highest Altman Z-Score was 12.38. The lowest was 4.22. And the median was 11.08.


Embention Sistemas Inteligentes  (XPAR:MLUAV) 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.


Embention Sistemas Inteligentes Altman Z-Score Related Terms


Embention Sistemas Inteligentes Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Embention Sistemas Inteligentes'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.

Embention Sistemas Inteligentes Altman Z-Score Chart

Embention Sistemas Inteligentes Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 9.78 12.38

Embention Sistemas Inteligentes Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 0.00 9.78 12.38

XPAR:MLUAV vs SNDK, DELL, STX: Altman Z-Score Comparison

For the Computer Hardware subindustry, Embention Sistemas Inteligentes'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.


Embention Sistemas Inteligentes Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Embention Sistemas Inteligentes's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Embention Sistemas Inteligentes's Altman Z-Score falls into.


XPAR:MLUAV
36GF Score
Embention Sistemas Inteligentes SA XPAR:MLUAV
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Embention Sistemas Inteligentes 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.

Embention Sistemas Inteligentes'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*0.34+1.4*0+3.3*0.2273+0.6*4.2787+1.0*0.4971
=4.22

* 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 €26.92 Mil.
Total Current Assets was €16.20 Mil.
Total Current Liabilities was €7.04 Mil.
Retained Earnings was €0.00 Mil.
Pre-Tax Income was €6.07 Mil.
Interest Expense was €-0.05 Mil.
Revenue was €13.38 Mil.
Market Cap (Today) was €42.89 Mil.
Total Liabilities was €10.02 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
=(16.197 - 7.043)/26.921
=0.34

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(6.074 - -0.045)/26.921
=0.2273

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=42.890/10.024
=4.2787

X5=Revenue/Total Assets
=13.382/26.921
=0.4971

The zones of discrimination were as such:

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

Embention Sistemas Inteligentes has a Altman Z-Score of 4.22 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 4.22 mean?
Embention Sistemas Inteligentes (XPAR:MLUAV) has a Altman Z-Score of 4.22 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Embention Sistemas Inteligentes and its competitors. This is 62% below median its historical median of 11.08. Over the past decade, Embention Sistemas Inteligentes' Altman Z-Score has ranged from 4.22 to 12.38. According to the industry distribution chart, Embention Sistemas Inteligentes ranks #1040 out of 2456 companies in the Hardware industry, placing it in the top 42.3%.
Is Embention Sistemas Inteligentes' Altman Z-Score too high?
Embention Sistemas Inteligentes' current Altman Z-Score of 4.22 is 62% below median its 10-year median of 11.08. Over the past 10 years, this metric has ranged from a low of 4.22 to a high of 12.38. The Hardware industry median Altman Z-Score is 3.59. Embention Sistemas Inteligentes' value of 4.22 is 17.5% above this industry median. Based on the distribution chart, Embention Sistemas Inteligentes ranks #1040 out of 2456 companies in the Hardware industry, which is above the industry midpoint. Overall, Embention Sistemas Inteligentes has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Embention Sistemas Inteligentes' Altman Z-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Embention Sistemas Inteligentes ranks #1040 out of 2456 companies for Altman Z-Score. This puts Embention Sistemas Inteligentes in the upper half of its industry. The industry median Altman Z-Score is 3.59. Embention Sistemas Inteligentes' value of 4.22 is 17.5% above this benchmark. Historically, Embention Sistemas Inteligentes' own Altman Z-Score has ranged from 4.22 to 12.38 over the past decade. While the company's 10-year median is 11.08 vs. the industry median of 3.59, Embention Sistemas Inteligentes 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, based on 2,456 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. Embention Sistemas Inteligentes's current Altman Z-Score of 4.22 is 17.5% 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 Embention Sistemas Inteligentes and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Embention Sistemas Inteligentes's current Altman Z-Score is 4.22, which is 62% below median its own 10-year median of 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embention Sistemas Inteligentes stock overvalued right now?
Embention Sistemas Inteligentes (XPAR:MLUAV) has a current Altman Z-Score of 4.22. The current Altman Z-Score is 4.22, which is 62% below median its 10-year median of 11.08 and 17.5% above the Hardware industry median of 3.59. Embention Sistemas Inteligentes' overall GF Score™ is 36/100. 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 Embention Sistemas Inteligentes (XPAR:MLUAV), the current Altman Z-Score is 4.22 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.

Embention Sistemas Inteligentes Business Description

Address Poligono Industrial Las Atalayas, Calle del Chelin, N 16, Alicante, ESP, ES-03114
Embention Sistemas Inteligentes SA specializes in the development, manufacturing, and commercialization of critical components and systems for drones and autonomous vehicles ready to fly for professional and military use. The company offers transponders, video transmissions, altimeters, autopilots, gimbal cameras, tracking antennas, and control stations. It also specializes in the development of autopilots and other critical components to make all kinds of vehicles (e.g. air taxis, flying cars, drones, UAVs, eVTOL, UGVs, USVs, etc.) perform safely and completely autonomously.
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