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 12.65 is strong.
Bloom Energy has a Altman Z-Score of 13.00, 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 Bloom Energy's Altman Z-Score or its related term are showing as below:
XSWX:BE'
s Altman Z-Score Range Over the Past 10 Years
Min: -3.11 Med: -0.59 Max: 12.65
Current: 12.65
During the past 10 years, Bloom Energy's highest Altman Z-Score was 12.65. The lowest was -3.11. And the median was -0.59.
Bloom Energy (XSWX:BE) 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.
Altman Z-Score does not apply to financial companies.
Bloom Energy Altman Z-Score Related Terms
Bloom Energy Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Bloom Energy'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.
For the Electrical Equipment & Parts subindustry, Bloom Energy'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.
Bloom Energy Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bloom Energy's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Bloom Energy's Altman Z-Score falls into.
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.
Bloom Energy'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
*
0.6791
+
1.4
*
-0.8398
+
3.3
*
0.0129
+
0.6
*
21.3094
+
1.0
*
0.5311
=
13.00
* 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.
Bloom Energy (XSWX:BE) has a Altman Z-Score of 13.00 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bloom Energy and its competitors. According to the industry distribution chart, Bloom Energy ranks #243 out of 3007 companies in the Industrial Products industry, placing it in the top 8.1%.
Is Bloom Energy's Altman Z-Score too high?
Bloom Energy's current Altman Z-Score is 13.00. The Industrial Products industry median Altman Z-Score is 3.35. Bloom Energy's value of 13.00 is 288.1% above this industry median. Based on the distribution chart, Bloom Energy ranks #243 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Bloom Energy has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Bloom Energy's Altman Z-Score compare to ?
According to the Industrial Products industry distribution chart, Bloom Energy ranks #243 out of 3007 companies for Altman Z-Score. This places Bloom Energy in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.35. Bloom Energy's value of 13.00 is 288.1% above this benchmark. 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 Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.35, based on 3,007 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. Bloom Energy's current Altman Z-Score of 13.00 is 288.1% 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 Bloom Energy and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bloom Energy's current Altman Z-Score is 13.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bloom Energy stock overvalued right now?
Bloom Energy (XSWX:BE) has a current Altman Z-Score of 13.00. The stock's GF Value™ is CHF24.98, compared to a current price of CHF220.40 — trading 782.3% above its estimated fair value. The current Altman Z-Score is 13.00 and 288.1% above the Industrial Products industry median of 3.35. Bloom Energy's overall GF Score™ is 64/100 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 Bloom Energy (XSWX:BE), the current Altman Z-Score is 13.00 as of Jul. 04, 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 Bloom Energy (XSWX:BE) Overvalued in 2026?
Based on GuruFocus' analysis, Bloom Energy stock appears to be overvalued.
The current stock price of CHF220.40 is trading 782.3% above its estimated GF Value™ of CHF24.98.
Key valuation signals for XSWX:BE:
Altman Z-Score: 13.00
GF Value™: CHF24.98 vs. price of CHF220.40 (782.3% above fair value)
Industry Position: 288.1% above the Industrial Products median (#243 of 3007)
No single metric tells the full story. See the XSWX:BE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.
64GF Score
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