LEM HoldingXSWX:LEHN -0.22%64 Altman Z-Score is 3.65 as of Jun. 27, 2026, which is 69% below its 10-year median of 11.96. GuruFocus rates XSWX:LEHN with a GF Score™ of 64/100 and a GF Value™ of CHF818.58 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,456 Hardware companies, LEM Holding ranks worse than 50.33% 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 3.66 is strong.
LEM Holding has a Altman Z-Score of 3.65, 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 LEM Holding's Altman Z-Score or its related term are showing as below:
XSWX:LEHN'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.06 Med: 11.96 Max: 18.52
Current: 3.66
During the past 13 years, LEM Holding's highest Altman Z-Score was 18.52. The lowest was 3.06. And the median was 11.96.
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.
LEM Holding Altman Z-Score Related Terms
LEM Holding Altman Z-Score Historical Data
* Premium members only.
The historical data trend for LEM Holding'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.
XSWX:LEHN vs APH, GLW, TEL: Altman Z-Score Comparison
For the Electronic Components subindustry, LEM Holding'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.
LEM Holding Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, LEM Holding's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where LEM Holding'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.
LEM Holding'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
*
0.1971
+
1.4
*
0.4385
+
3.3
*
0.0703
+
0.6
*
2.7736
+
1.0
*
0.9033
=
3.65
* 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.
LEM Holding (XSWX:LEHN) has a Altman Z-Score of 3.65 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on LEM Holding and its competitors. This is 69% below median its historical median of 11.96. Over the past decade, LEM Holding's Altman Z-Score has ranged from 3.06 to 18.52. According to the industry distribution chart, LEM Holding ranks #1236 out of 2456 companies in the Hardware industry, placing it in the top 50.3%.
Is LEM Holding's Altman Z-Score too high?
LEM Holding's current Altman Z-Score of 3.65 is 69% below median its 10-year median of 11.96. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 18.52. The Hardware industry median Altman Z-Score is 3.69. LEM Holding's value of 3.65 is 1.1% below this industry median. Based on the distribution chart, LEM Holding ranks #1236 out of 2456 companies in the Hardware industry, which is below the industry midpoint. Overall, LEM Holding has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LEM Holding's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, LEM Holding ranks #1236 out of 2456 companies for Altman Z-Score. This places LEM Holding in the lower half of its industry. The industry median Altman Z-Score is 3.69. LEM Holding's value of 3.65 is 1.1% below this benchmark. Historically, LEM Holding's own Altman Z-Score has ranged from 3.06 to 18.52 over the past decade. While the company's 10-year median is 11.96 vs. the industry median of 3.69, LEM Holding 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.69, based on 2,456 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. LEM Holding's current Altman Z-Score of 3.65 is 1.1% 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 LEM Holding and its competitors. For the Hardware industry, the median Altman Z-Score is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LEM Holding's current Altman Z-Score is 3.65, which is 69% below median its own 10-year median of 11.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEM Holding stock overvalued right now?
Based on GuruFocus' analysis, LEM Holding (XSWX:LEHN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF818.58, compared to a current price of CHF447.50 — trading 45.3% below its estimated fair value. The current Altman Z-Score is 3.65, which is 69% below median its 10-year median of 11.96 and 1.1% below the Hardware industry median of 3.69. LEM Holding's overall GF Score™ is 64/100 with 6 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 LEM Holding (XSWX:LEHN), the current Altman Z-Score is 3.65 as of Jun. 27, 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 LEM Holding (XSWX:LEHN) Overvalued in 2026?
Based on GuruFocus' analysis, LEM Holding stock appears to be undervalued.
The current stock price of CHF447.50 is trading 45.3% below its estimated GF Value™ of CHF818.58.
GuruFocus considers LEM Holding to be Significantly Undervalued.
Key valuation signals for XSWX:LEHN:
Altman Z-Score: 3.65 (69% below median its 10-year median of 11.96)
GF Value™: CHF818.58 vs. price of CHF447.50 (45.3% below fair value)
Industry Position: 1.1% below the Hardware median (#1236 of 2456)
No single metric tells the full story. See the XSWX:LEHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LEM Holding SA develops electrical measurement solutions for energy and mobility applications. Its products are used in customer systems for measurement, monitoring, and control purposes. Its product portfolio includes Energy meters, Rogowski coils, Voltage sensors, Current sensors, and Integrated current sensors. The company's operations are organized in two reportable segments, namely, i) Region of Asia which includes China, Japan, South Korea, India, Southeast Asia; ii) Region of Europe/Americas which includes Europe, the Middle East, Africa, NAFTA and Latin America. The majority of revenue is derived from the Asia segment.
64GF Score
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