Touchtech AB (XSAT:TOUCH) Altman Z-Score: 11.41 (As of Aug. 30, 2026) — 21% Above Median

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XSAT:TOUCH Touchtech AB XSAT:TOUCH
71 GF Score
Price kr4.60
GF Value kr4.73
Valuation Fairly Valued
! 3 Warning Signs
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What is Touchtech AB Altman Z-Score?

Touchtech AB XSAT:TOUCH 71 Altman Z-Score is 11.41 as of Aug. 30, 2026, which is 21% above its 10-year median of 9.46. GuruFocus rates XSAT:TOUCH with a GF Score™ of 71/100 and a GF Value™ of kr4.73 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,773 Software companies, Touchtech AB ranks better than 88.93% 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 11.41 is strong.

Touchtech AB has a Altman Z-Score of 11.41, 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 Touchtech AB's Altman Z-Score or its related term are showing as below:

XSAT:TOUCH' s Altman Z-Score Range Over the Past 10 Years
Min: 1.08   Med: 9.46   Max: 28.09
Current: 11.41

During the past 10 years, Touchtech AB's highest Altman Z-Score was 28.09. The lowest was 1.08. And the median was 9.46.


Touchtech AB  (XSAT:TOUCH) 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.


Touchtech AB Altman Z-Score Related Terms


Touchtech AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Touchtech 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.

Touchtech AB Altman Z-Score Chart

Touchtech AB 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 28.09 5.39 13.65 9.88 9.83

Touchtech AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.46 10.39 9.83 9.79 11.14

XSAT:TOUCH vs QH, SHOP, UBER: Altman Z-Score Comparison

For the Software - Application subindustry, Touchtech 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.


Touchtech AB Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Touchtech AB's Altman Z-Score distribution charts can be found below:

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


XSAT:TOUCH
71GF Score
Touchtech AB XSAT:TOUCH
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Touchtech 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.

Touchtech 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*0.2026+1.4*-1.1312+3.3*-0.0189+0.6*20.7711+1.0*0.3529
=11.41

* 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 Jun. 2026:
Total Assets was kr56.38 Mil.
Total Current Assets was kr13.88 Mil.
Total Current Liabilities was kr2.46 Mil.
Retained Earnings was kr-63.78 Mil.
Pre-Tax Income was -0.644 + -0.292 + 0.303 + -0.432 = kr-1.07 Mil.
Interest Expense was 0 + -0.001 + 0.001 + 0 = kr0.00 Mil.
Revenue was 4.447 + 5.164 + 5.545 + 4.74 = kr19.90 Mil.
Market Cap (Today) was kr50.99 Mil.
Total Liabilities was kr2.46 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
=(13.877 - 2.455)/56.382
=0.2026

X2=Retained Earnings/Total Assets
=-63.781/56.382
=-1.1312

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.065 - 0)/56.382
=-0.0189

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=50.993/2.455
=20.7711

X5=Revenue/Total Assets
=19.896/56.382
=0.3529

The zones of discrimination were as such:

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

Touchtech AB has a Altman Z-Score of 11.41 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 11.41 mean?
Touchtech AB (XSAT:TOUCH) has a Altman Z-Score of 11.41 as of Aug. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Touchtech AB and its competitors. This is 21% above median its historical median of 9.46. Over the past decade, Touchtech AB's Altman Z-Score has ranged from 1.08 to 28.09. According to the industry distribution chart, Touchtech AB ranks #307 out of 2773 companies in the Software industry, placing it in the top 11.1%.
Is Touchtech AB's Altman Z-Score too high?
Touchtech AB's current Altman Z-Score of 11.41 is 21% above median its 10-year median of 9.46. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 28.09. The Software industry median Altman Z-Score is 3.20. Touchtech AB's value of 11.41 is 256.6% above this industry median. Based on the distribution chart, Touchtech AB ranks #307 out of 2773 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Touchtech AB has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Touchtech AB's Altman Z-Score compare to QH and SHOP?
According to the Software industry distribution chart, Touchtech AB ranks #307 out of 2773 companies for Altman Z-Score. This places Touchtech AB in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.20. Touchtech AB's value of 11.41 is 256.6% above this benchmark. Historically, Touchtech AB's own Altman Z-Score has ranged from 1.08 to 28.09 over the past decade. While the company's 10-year median is 9.46 vs. the industry median of 3.20, Touchtech AB 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 Software company?
The median Altman Z-Score among Software companies is 3.20, based on 2,773 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. Touchtech AB's current Altman Z-Score of 11.41 is 256.6% 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 Touchtech AB and its competitors. For the Software industry, the median Altman Z-Score is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Touchtech AB's current Altman Z-Score is 11.41, which is 21% above median its own 10-year median of 9.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Touchtech AB stock overvalued right now?
Based on GuruFocus' analysis, Touchtech AB (XSAT:TOUCH) is currently considered Fairly Valued. The stock's GF Value™ is kr4.73, compared to a current price of kr4.60 — trading 2.7% below its estimated fair value. The current Altman Z-Score is 11.41, which is 21% above median its 10-year median of 9.46 and 256.6% above the Software industry median of 3.20. Touchtech AB's overall GF Score™ is 71/100 with 3 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 Touchtech AB (XSAT:TOUCH), the current Altman Z-Score is 11.41 as of Aug. 30, 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 Touchtech AB (XSAT:TOUCH) Overvalued in 2026?

Based on GuruFocus' analysis, Touchtech AB stock appears to be undervalued. The current stock price of kr4.60 is trading 2.7% below its estimated GF Value™ of kr4.73. GuruFocus considers Touchtech AB to be Fairly Valued.

Key valuation signals for XSAT:TOUCH:

  • Altman Z-Score: 11.41 (21% above median its 10-year median of 9.46)
  • GF Value™: kr4.73 vs. price of kr4.60 (2.7% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 256.6% above the Software median (#307 of 2773)

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


Touchtech AB Business Description

Address Vastra Hamngatan 1, Gothenburg, SWE, 411 17
Touchtech AB designs and develops interactive software. The company offers customer interaction through catalog access, presentation, brochures, images, and website. It serves the customers in Sweden.
71GF Score

Get the complete analysis for XSAT:TOUCH

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

kr4.60
Price
kr4.73
GF Value