Nilsson Special Vehicles ABXSAT:NILS -16.88%54 Altman Z-Score is 2.34 as of Jul. 05, 2026, which is 5% below its 10-year median of 2.47. GuruFocus rates XSAT:NILS with a GF Score™ of 54/100 and a GF Value™ of kr2.85 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,312 Vehicles & Parts companies, Nilsson Special Vehicles AB ranks worse than 54.73% 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 2.34 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Nilsson Special Vehicles AB has a Altman Z-Score of 2.34, indicating it is in Grey Zones. This implies that Nilsson Special Vehicles AB is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Nilsson Special Vehicles AB's Altman Z-Score or its related term are showing as below:
XSAT:NILS'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.63 Med: 2.47 Max: 5.12
Current: 2.34
During the past 13 years, Nilsson Special Vehicles AB's highest Altman Z-Score was 5.12. The lowest was 1.63. And the median was 2.47.
Nilsson Special Vehicles AB (XSAT:NILS) 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.
* 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.
XSAT:NILS vs TSLA, GM, F: Altman Z-Score Comparison
For the Auto Manufacturers subindustry, Nilsson Special Vehicles AB'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.
Nilsson Special Vehicles AB Altman Z-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nilsson Special Vehicles AB's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Nilsson Special Vehicles AB's Altman Z-Score falls into.
Nilsson Special Vehicles AB 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.
* 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.
Nilsson Special Vehicles AB (XSAT:NILS) has a Altman Z-Score of 2.34 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nilsson Special Vehicles AB and its competitors. This is near median its historical median of 2.47. Over the past decade, Nilsson Special Vehicles AB's Altman Z-Score has ranged from 1.63 to 5.12. According to the industry distribution chart, Nilsson Special Vehicles AB ranks #718 out of 1312 companies in the Vehicles & Parts industry, placing it in the top 54.7%.
Is Nilsson Special Vehicles AB's Altman Z-Score too high?
Nilsson Special Vehicles AB's current Altman Z-Score of 2.34 is near median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 5.12. The Vehicles & Parts industry median Altman Z-Score is 2.54. Nilsson Special Vehicles AB's value of 2.34 is 7.9% below this industry median. Based on the distribution chart, Nilsson Special Vehicles AB ranks #718 out of 1312 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nilsson Special Vehicles AB has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nilsson Special Vehicles AB's Altman Z-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Nilsson Special Vehicles AB ranks #718 out of 1312 companies for Altman Z-Score. This places Nilsson Special Vehicles AB in the lower half of its industry. The industry median Altman Z-Score is 2.54. Nilsson Special Vehicles AB's value of 2.34 is 7.9% below this benchmark. Historically, Nilsson Special Vehicles AB's own Altman Z-Score has ranged from 1.63 to 5.12 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 2.54, Nilsson Special Vehicles AB 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 1,312 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. Nilsson Special Vehicles AB's current Altman Z-Score of 2.34 is 7.9% 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 Nilsson Special Vehicles AB 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. Nilsson Special Vehicles AB's current Altman Z-Score is 2.34, which is near median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nilsson Special Vehicles AB stock overvalued right now?
Based on GuruFocus' analysis, Nilsson Special Vehicles AB (XSAT:NILS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.85, compared to a current price of kr3.84 — trading 34.7% above its estimated fair value. The current Altman Z-Score is 2.34, which is near median its 10-year median of 2.47 and 7.9% below the Vehicles & Parts industry median of 2.54. Nilsson Special Vehicles AB's overall GF Score™ is 54/100 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 Nilsson Special Vehicles AB (XSAT:NILS), the current Altman Z-Score is 2.34 as of Jul. 05, 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 Nilsson Special Vehicles AB (XSAT:NILS) Overvalued in 2026?
Based on GuruFocus' analysis, Nilsson Special Vehicles AB stock appears to be overvalued.
The current stock price of kr3.84 is trading 34.7% above its estimated GF Value™ of kr2.85.
GuruFocus considers Nilsson Special Vehicles AB to be Significantly Overvalued.
Key valuation signals for XSAT:NILS:
Altman Z-Score: 2.34 (near median its 10-year median of 2.47)
GF Value™: kr2.85 vs. price of kr3.84 (34.7% above fair value)
Industry Position: 7.9% below the Vehicles & Parts median (#718 of 1312)
No single metric tells the full story. See the XSAT:NILS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nilsson Special Vehicles AB is a Swedish-based specialty car company. It produces and sells ambulances, funeral cars, and limousines. The company's customers are mainly in Europe, Scandinavia, and England. The Company's products include Hearses, Ambulances, Reinforced Vehicles, and Other Vehicles.
54GF Score
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