Einhell Germany AG (XTER:EIN) Altman Z-Score: 4.02 (As of Jul. 05, 2026) — Near Median


XTER:EIN Einhell Germany AG XTER:EIN
91 GF Score
Price €70.30
GF Value €73.77
Valuation Fairly Valued
! 2 Warning Signs
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What is Einhell Germany AG Altman Z-Score?

Einhell Germany AG XTER:EIN +1.44% 91 Altman Z-Score is 4.02 as of Jul. 05, 2026, which is 8% above its 10-year median of 3.71. GuruFocus rates XTER:EIN with a GF Score™ of 91/100 and a GF Value™ of €73.77 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,008 Industrial Products companies, Einhell Germany AG ranks better than 57.48% 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 4.02 is strong.

Einhell Germany AG has a Altman Z-Score of 4.02, 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 Einhell Germany AG's Altman Z-Score or its related term are showing as below:

XTER:EIN' s Altman Z-Score Range Over the Past 10 Years
Min: 2.83   Med: 3.71   Max: 4.35
Current: 4.02

During the past 13 years, Einhell Germany AG's highest Altman Z-Score was 4.35. The lowest was 2.83. And the median was 3.71.


Einhell Germany AG  (XTER:EIN) 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.


Einhell Germany AG Altman Z-Score Related Terms


Einhell Germany AG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Einhell Germany AG'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.

Einhell Germany AG Altman Z-Score Chart

Einhell Germany AG 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 3.42 3.30 3.48 3.38 4.03

Einhell Germany AG 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 3.72 3.89 4.11 4.03 3.95

XTER:EIN vs SNA, RBC, LECO: Altman Z-Score Comparison

For the Tools & Accessories subindustry, Einhell Germany AG'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.


Einhell Germany AG Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Einhell Germany AG's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Einhell Germany AG's Altman Z-Score falls into.


XTER:EIN
91GF Score
Einhell Germany AG XTER:EIN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Einhell Germany AG 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.

Einhell Germany AG'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*0.438+1.4*0.5217+3.3*0.1196+0.6*1.8794+1.0*1.2394
=4.02

* 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 €941 Mil.
Total Current Assets was €776 Mil.
Total Current Liabilities was €364 Mil.
Retained Earnings was €491 Mil.
Pre-Tax Income was 28.777 + 22.725 + 23.411 + 33.155 = €108 Mil.
Interest Expense was -4.849 + 5.518 + -0.054 + -5.066 = €-4 Mil.
Revenue was 310.947 + 260.025 + 267.465 + 327.392 = €1,166 Mil.
Market Cap (Today) was €796 Mil.
Total Liabilities was €424 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
=(776.158 - 364.205)/940.639
=0.438

X2=Retained Earnings/Total Assets
=490.768/940.639
=0.5217

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(108.068 - -4.451)/940.639
=0.1196

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=796.021/423.553
=1.8794

X5=Revenue/Total Assets
=1165.829/940.639
=1.2394

The zones of discrimination were as such:

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

Einhell Germany AG has a Altman Z-Score of 4.02 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 4.02 mean?
Einhell Germany AG (XTER:EIN) has a Altman Z-Score of 4.02 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Einhell Germany AG and its competitors. This is near median its historical median of 3.71. Over the past decade, Einhell Germany AG's Altman Z-Score has ranged from 2.83 to 4.35. According to the industry distribution chart, Einhell Germany AG ranks #1279 out of 3008 companies in the Industrial Products industry, placing it in the top 42.5%.
Is Einhell Germany AG's Altman Z-Score too high?
Einhell Germany AG's current Altman Z-Score of 4.02 is near median its 10-year median of 3.71. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 4.35. The Industrial Products industry median Altman Z-Score is 3.40. Einhell Germany AG's value of 4.02 is 18.2% above this industry median. Based on the distribution chart, Einhell Germany AG ranks #1279 out of 3008 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Einhell Germany AG has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Einhell Germany AG's Altman Z-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Einhell Germany AG ranks #1279 out of 3008 companies for Altman Z-Score. This puts Einhell Germany AG in the upper half of its industry. The industry median Altman Z-Score is 3.40. Einhell Germany AG's value of 4.02 is 18.2% above this benchmark. Historically, Einhell Germany AG's own Altman Z-Score has ranged from 2.83 to 4.35 over the past decade. While the company's 10-year median is 3.71 vs. the industry median of 3.40, Einhell Germany AG 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.40, based on 3,008 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. Einhell Germany AG's current Altman Z-Score of 4.02 is 18.2% 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 Einhell Germany AG and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Einhell Germany AG's current Altman Z-Score is 4.02, which is near median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Einhell Germany AG stock overvalued right now?
Based on GuruFocus' analysis, Einhell Germany AG (XTER:EIN) is currently considered Fairly Valued. The stock's GF Value™ is €73.77, compared to a current price of €70.30 — trading 4.7% below its estimated fair value. The current Altman Z-Score is 4.02, which is near median its 10-year median of 3.71 and 18.2% above the Industrial Products industry median of 3.40. Einhell Germany AG's overall GF Score™ is 91/100 with 2 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 Einhell Germany AG (XTER:EIN), the current Altman Z-Score is 4.02 as of Jul. 05, 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 Einhell Germany AG (XTER:EIN) Overvalued in 2026?

Based on GuruFocus' analysis, Einhell Germany AG stock appears to be undervalued. The current stock price of €70.30 is trading 4.7% below its estimated GF Value™ of €73.77. GuruFocus considers Einhell Germany AG to be Fairly Valued.

Key valuation signals for XTER:EIN:

  • Altman Z-Score: 4.02 (near median its 10-year median of 3.71)
  • GF Value™: €73.77 vs. price of €70.30 (4.7% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 18.2% above the Industrial Products median (#1279 of 3008)

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


Einhell Germany AG Business Description

Other Exchanges 0N9F:UK
Address Wiesenweg 22, Landau an der Isar, DEU, D-94405
Einhell Germany AG is engaged in the DIY sector and designs and distributes solutions for DIY enthusiasts and hobby gardeners for use at home, in the workshop, and in the garden. The company's product range includes hand-held power tools, stationary tools, and accessories, as well as lawn and garden care tools, irrigation, and drainage solutions.
91GF Score

Get the complete analysis for XTER:EIN

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

€70.30
Price
€73.77
GF Value