CGE Transmision (XSGO:CGET) Altman Z-Score: 0.42 (As of Jul. 14, 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSGO:CGET CGE Transmision SA XSGO:CGET
48 GF Score
Price CLP126.72
GF Value CLP89.91
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is CGE Transmision Altman Z-Score?

CGE Transmision XSGO:CGET 48 Altman Z-Score is 0.42 as of Jul. 14, 2026, which is 17% above its 10-year median of 0.36. GuruFocus rates XSGO:CGET with a GF Score™ of 48/100 and a GF Value™ of CLP89.91 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 498 Utilities - Regulated companies, CGE Transmision ranks worse than 91.57% 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 0.42 is in distress zone. This implies bankruptcy possibility in the next two years.

CGE Transmision has a Altman Z-Score of 0.42, 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 CGE Transmision's Altman Z-Score or its related term are showing as below:

XSGO:CGET' s Altman Z-Score Range Over the Past 10 Years
Min: 0.06   Med: 0.36   Max: 0.49
Current: 0.42

During the past 5 years, CGE Transmision's highest Altman Z-Score was 0.49. The lowest was 0.06. And the median was 0.36.


CGE Transmision  (XSGO:CGET) 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.


CGE Transmision Altman Z-Score Related Terms


CGE Transmision Altman Z-Score Historical Data

* Premium members only.

The historical data trend for CGE Transmision'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.

CGE Transmision Altman Z-Score Chart

CGE Transmision Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.10 0.36 0.25 0.45

CGE Transmision Quarterly Data
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 0.40 0.46 0.49 0.45 0.41

XSGO:CGET vs NEE, SO, DUK: Altman Z-Score Comparison

For the Utilities - Regulated Electric subindustry, CGE Transmision'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.


CGE Transmision Altman Z-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CGE Transmision's Altman Z-Score distribution charts can be found below:

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


XSGO:CGET
48GF Score
CGE Transmision SA XSGO:CGET
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CGE Transmision 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.

CGE Transmision'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*-0.3327+1.4*0.1124+3.3*0.083+0.6*0.2983+1.0*0.2074
=0.42

* 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 CLP1,326,247 Mil.
Total Current Assets was CLP117,270 Mil.
Total Current Liabilities was CLP558,450 Mil.
Retained Earnings was CLP149,005 Mil.
Pre-Tax Income was 15754.836 + 26052.45 + 16244.821 + 16852.9 = CLP74,905 Mil.
Interest Expense was -8263.702 + -8728.013 + -9278.374 + -8956.104 = CLP-35,226 Mil.
Revenue was 64071.767 + 71203.191 + 71174.255 + 68629.991 = CLP275,079 Mil.
Market Cap (Today) was CLP255,961 Mil.
Total Liabilities was CLP858,102 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
=(117270.354 - 558450.453)/1326246.76
=-0.3327

X2=Retained Earnings/Total Assets
=149004.871/1326246.76
=0.1124

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(74905.007 - -35226.193)/1326246.76
=0.083

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=255961.334/858101.863
=0.2983

X5=Revenue/Total Assets
=275079.204/1326246.76
=0.2074

The zones of discrimination were as such:

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

CGE Transmision has a Altman Z-Score of 0.42 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 0.42 mean?
CGE Transmision (XSGO:CGET) has a Altman Z-Score of 0.42 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CGE Transmision and its competitors. This is 17% above median its historical median of 0.36. Over the past decade, CGE Transmision's Altman Z-Score has ranged from 0.06 to 0.49. According to the industry distribution chart, CGE Transmision ranks #456 out of 498 companies in the Utilities - Regulated industry, placing it in the top 91.6%.
Is CGE Transmision's Altman Z-Score too high?
CGE Transmision's current Altman Z-Score of 0.42 is 17% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.49. The Utilities - Regulated industry median Altman Z-Score is 1.27. CGE Transmision's value of 0.42 is 66.9% below this industry median. Based on the distribution chart, CGE Transmision ranks #456 out of 498 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, CGE Transmision has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CGE Transmision's Altman Z-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CGE Transmision ranks #456 out of 498 companies for Altman Z-Score. This places CGE Transmision in the lower half of its industry. The industry median Altman Z-Score is 1.27. CGE Transmision's value of 0.42 is 66.9% below this benchmark. Historically, CGE Transmision's own Altman Z-Score has ranged from 0.06 to 0.49 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.27, CGE Transmision 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 an Utilities - Regulated company?
The median Altman Z-Score among Utilities - Regulated companies is 1.27, based on 498 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. CGE Transmision's current Altman Z-Score of 0.42 is 66.9% 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 CGE Transmision and its competitors. For the Utilities - Regulated industry, the median Altman Z-Score is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CGE Transmision's current Altman Z-Score is 0.42, which is 17% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CGE Transmision stock overvalued right now?
Based on GuruFocus' analysis, CGE Transmision (XSGO:CGET) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP89.91, compared to a current price of CLP126.72 — trading 40.9% above its estimated fair value. The current Altman Z-Score is 0.42, which is 17% above median its 10-year median of 0.36 and 66.9% below the Utilities - Regulated industry median of 1.27. CGE Transmision's overall GF Score™ is 48/100 with 7 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 CGE Transmision (XSGO:CGET), the current Altman Z-Score is 0.42 as of Jul. 14, 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 CGE Transmision (XSGO:CGET) Overvalued in 2026?

Based on GuruFocus' analysis, CGE Transmision stock appears to be overvalued. The current stock price of CLP126.72 is trading 40.9% above its estimated GF Value™ of CLP89.91. GuruFocus considers CGE Transmision to be Significantly Overvalued.

Key valuation signals for XSGO:CGET:

  • Altman Z-Score: 0.42 (17% above median its 10-year median of 0.36)
  • GF Value™: CLP89.91 vs. price of CLP126.72 (40.9% above fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 66.9% below the Utilities - Regulated median (#456 of 498)

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


CGE Transmision Business Description

Address Avenida Presidente Riesco 5561, 17th Floor, Las Condes, Santiago, CHL, 7561127
CGE Transmision SA is engaged in providing public electricity transformation and transmission services, for which it designs, builds, operates, maintains, and markets a range of substations and transmission lines. The company mainly provides zonal transmission and dedicated transmission services. Its operating segments are Electric Chile, which derives revenue from the transmission of electric power; and the Services segment, which is involved in the manufacturing and sale of transformers and transformer maintenance, diagnostics, and testing services. Maximum revenue for the company is generated from the Electric Chile segment.
48GF Score

Get the complete analysis for XSGO:CGET

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

CLP126.72
Price
CLP89.91
GF Value