Solution International Nordics AB (XSAT:SIN) Altman Z-Score: -4.51 (As of Jul. 07, 2026)


XSAT:SIN Solution International Nordics AB XSAT:SIN
43 GF Score
Price kr2.97
GF Value kr7.34
Valuation Possible Value Trap
! 4 Warning Signs
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What is Solution International Nordics AB Altman Z-Score?

Solution International Nordics AB XSAT:SIN +0.68% 43 Altman Z-Score is -4.51 as of Jul. 07, 2026. GuruFocus rates XSAT:SIN with a GF Score™ of 43/100 and a GF Value™ of kr7.34 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Solution International Nordics AB ranks worse than 96.58% 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 -4.52 is in distress zone. This implies bankruptcy possibility in the next two years.

Solution International Nordics AB has a Altman Z-Score of -4.51, 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 Solution International Nordics AB's Altman Z-Score or its related term are showing as below:

XSAT:SIN' s Altman Z-Score Range Over the Past 10 Years
Min: -21.39   Med: 3.99   Max: 13.45
Current: -4.52

During the past 9 years, Solution International Nordics AB's highest Altman Z-Score was 13.45. The lowest was -21.39. And the median was 3.99.


Solution International Nordics AB  (XSAT:SIN) 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.


Solution International Nordics AB Altman Z-Score Related Terms


Solution International Nordics AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Solution International Nordics AB'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.

Solution International Nordics AB Altman Z-Score Chart

Solution International Nordics AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 4.98 0.48 -0.37 -1.20 -4.92

Solution International Nordics AB 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 -1.09 -21.39 -5.09 -4.92 -4.55

XSAT:SIN vs PG, CL, KVUE: Altman Z-Score Comparison

For the Household & Personal Products subindustry, Solution International Nordics 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.


Solution International Nordics AB Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Solution International Nordics AB's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Solution International Nordics AB's Altman Z-Score falls into.


XSAT:SIN
43GF Score
Solution International Nordics AB XSAT:SIN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solution International Nordics 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.

Solution International Nordics AB'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*-0.1043+1.4*-4.1868+3.3*-0.1127+0.6*1.1463+1.0*1.1583
=-4.51

* 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 kr67.12 Mil.
Total Current Assets was kr48.85 Mil.
Total Current Liabilities was kr55.85 Mil.
Retained Earnings was kr-281.01 Mil.
Pre-Tax Income was -2.258 + -2.194 + -0.339 + -5.542 = kr-10.33 Mil.
Interest Expense was -1.362 + -0.482 + -0.923 + 0 = kr-2.77 Mil.
Revenue was 27.525 + 17.438 + 32.779 + 0 = kr77.74 Mil.
Market Cap (Today) was kr131.15 Mil.
Total Liabilities was kr114.41 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
=(48.848 - 55.846)/67.119
=-0.1043

X2=Retained Earnings/Total Assets
=-281.012/67.119
=-4.1868

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-10.333 - -2.767)/67.119
=-0.1127

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=131.149/114.41
=1.1463

X5=Revenue/Total Assets
=77.742/67.119
=1.1583

The zones of discrimination were as such:

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

Solution International Nordics AB has a Altman Z-Score of -4.51 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 -4.51 mean?
Solution International Nordics AB (XSAT:SIN) has a Altman Z-Score of -4.51 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Solution International Nordics AB and its competitors. According to the industry distribution chart, Solution International Nordics AB ranks #1864 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 96.6%.
Is Solution International Nordics AB's Altman Z-Score too high?
Solution International Nordics AB's current Altman Z-Score is -4.51. Based on the distribution chart, Solution International Nordics AB ranks #1864 out of 1930 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Solution International Nordics AB has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solution International Nordics AB's Altman Z-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Solution International Nordics AB ranks #1864 out of 1930 companies for Altman Z-Score. This places Solution International Nordics AB in the lower half of its industry. The industry median Altman Z-Score is 2.86. 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.86, based on 1,930 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. 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 Solution International Nordics AB and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solution International Nordics AB's current Altman Z-Score is -4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solution International Nordics AB stock overvalued right now?
Based on GuruFocus' analysis, Solution International Nordics AB (XSAT:SIN) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.34, compared to a current price of kr2.97 — trading 59.5% below its estimated fair value. The current Altman Z-Score is -4.51. Solution International Nordics AB's overall GF Score™ is 43/100 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 Solution International Nordics AB (XSAT:SIN), the current Altman Z-Score is -4.51 as of Jul. 07, 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 Solution International Nordics AB (XSAT:SIN) Overvalued in 2026?

Based on GuruFocus' analysis, Solution International Nordics AB stock appears to be undervalued. The current stock price of kr2.97 is trading 59.5% below its estimated GF Value™ of kr7.34. GuruFocus considers Solution International Nordics AB to be Possible Value Trap.

Key valuation signals for XSAT:SIN:

  • Altman Z-Score: -4.51
  • GF Value™: kr7.34 vs. price of kr2.97 (59.5% below fair value)
  • GF Score™: 43/100 with 4 warning signs

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


Solution International Nordics AB Business Description

Address Fraserfields Way, Unit 15, Ascent Logistics Park South, Leighton Buzzard, Bedfordshire, GBR, LU7 3RH
Solution International Nordics AB is a full-service supplier of consumer products for children, infants and parents. The company supplies baby feeding accessories, bathtime products, Sterilising products, and other child-related items. Geographically, it has presence in the UK and the Netherlands.
43GF Score

Get the complete analysis for XSAT:SIN

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

kr2.97
Price
kr7.34
GF Value