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Quality & Balance Sheet

Altman Z: Balance Sheet Fortress

25 Hits · last calculated September 26, 2026 Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Market filter active: the list shows 25 hits from US

Methodology & criteria

The mirror image of the Distress Radar: Altman Z″ in the safe zone (≥ 2.6) in EVERY available quarter, plus a Piotroski F-Score ≥ 7 and interest coverage ≥ 10 — balance sheets that can withstand a recession. The Altman Z-Score condenses liquidity, profitability, leverage, and revenue efficiency into a single bankruptcy early-warning figure. Source: fundamental data.

No global trading filters — this strategy checks the entire stock universe purely against its own criteria (mega caps over $50B included).

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Terms in This Scanner Explained

(16)
ADR (Average Daily Range)
The average daily swing of a stock in percent - measured over 10 or 30 trading days (columns "ADR 10D/30D"). An ADR of 5% means: on a normal day the gap between the intraday low and high runs about 5%. Traders look for movement - that is why stocks with an ADR under 1% are filtered out globally. Scanners that run without the global filters still include them; that is noted below their hit list. Not to be confused with ADR meaning "American Depositary Receipt" (a US certificate for foreign shares) - here ADR always means the daily swing.
AI Classification
Our company-by-company assessment of the AI boom based on SEC filings (the last four quarterly 10-Q reports and two annual 10-K reports): "Sells AI" (AI is a revenue source), "Threatened" (AI is a concrete business risk), "Uses AI" (operational use), or "Neutral" (no material AI exposure). Every classification requires at least two direct quote citations - otherwise the column shows "-". Not a quality judgment or a buy recommendation; the full file is on the stock page, methodology at /stocks/ai-rating-methodology.
Altman Z-Score
A bankruptcy early-warning system developed by Edward Altman: several balance-sheet ratios are combined into one score. We use the Z″ variant, built from four balance-sheet ratios — it is designed for service companies and non-manufacturers and uses book value instead of market value. Values from 2.6 up are considered a safe zone, values below 1.1 a distress zone with elevated bankruptcy risk; in between lies a grey area. Because the classic Altman Z is calculated differently, the two numbers are not directly comparable. The formula does not fit banks, insurers, or real-estate stocks.
Analysis (Full Company Analysis)
If the Analysis column shows "Read," there is an in-depth TickerGuard company analysis for this stock: business model, scanner findings, quarterly results, evidence from SEC filings, plus opportunities and risks. One click opens it directly.
Avg/Yr 3Y (Average Annual Return)
The stock's average annual return over the past 3 years. Shows at a glance whether a stock delivers over the long run or just had a short hot streak.
Earnings Date
The date of the next quarterly earnings report. Price gaps in either direction are common around this date - that is why we color it red when it is 7 days away or less, and yellow when it is 14 days away or less: elevated risk for fresh positions.
EPS (Earnings per Share)
Quarterly earnings divided by the number of shares outstanding. The most important growth metric: if EPS rises strongly over several quarters, the company is earning more money per share.
Free Cash Flow (FCF)
Operating cash flow minus capital expenditures - the money left over for everything else (debt paydown, acquisitions, or buybacks). Consistently positive free cash flow is one of the most honest signs of a healthy business model.
Funda Rating (Fundamental Rating A+ to F)
Our proprietary fundamental rating from 0 to 100 points with a school-grade rank from A+ to F. 50 points is the average across the universe, 100 the best possible score. Every stock is scored against all others by percentile: growth in earnings and revenue, earnings surprises, analyst estimates, and quality criteria such as margins, cash flow, and balance-sheet strength. Grades: A+ from 95, A from 75, B from 55, C from 45, D from 25, E from 5, F below — A/A+ are the fundamentally strongest stocks in the universe.
Liquidity
How easily a stock can be bought and sold without moving the price - measured by (dollar) volume. Illiquid stocks have wide spreads and jerky prices; that is why almost every scanner applies a minimum liquidity filter.
Market Capitalization (Mkt Cap)
The market value of the company: share price x total shares outstanding, shown here in billions of dollars. Micro caps (< $0.3B) are small and volatile, mega caps (> $200B) are heavyweights. Our scanner universe is deliberately capped at $50B - we look for stocks with room to run. The cap does not apply to scanners that run without the global filters; that is noted below their hit list.
Net Margin
How much of revenue is left as profit? Net income divided by revenue, in percent. A 20% margin means: out of every dollar of revenue, 20 cents is left as profit. Rising margins are a strong quality signal.
Operating Cash Flow (OCF)
The cash that actually flows into the company from day-to-day operations - without accounting effects such as depreciation. A company can report book profits while still burning cash; operating cash flow reveals that.
Piotroski F-Score
A balance-sheet health check developed by Joseph Piotroski: 9 yes/no criteria covering earnings, cash flow, leverage, and efficiency produce a score from 0 to 9. Scores of 7 or higher are considered financially very solid, scores under 3 a warning sign.
Sector & Industry
Two levels of industry classification: sector is broad (e.g., Technology), industry is narrow (e.g., Semiconductors). Many strategies watch industry strength, because strong stocks are almost always found in strong industries.
Stage (Weinstein Stages 1-4)
Stan Weinstein divides every price chart into four stages: Stage 1 = basing (sideways after a downtrend), Stage 2 = uptrend (the only buying stage), Stage 3 = topping, Stage 4 = downtrend (avoid, or short candidate). Measured against the 30-week line (150-day moving average) and its slope.
Filter

Rating (traffic light)

Stage

Funda Rating

Piotroski

Columns

This scanner's columns

Extra columns

Tip: clicking a column header sorts the table by that column; a second click flips the direction.

Altman Z: Balance Sheet Fortress
Symbol Earnings Avg/Y 3Y Volatility Stage Funda Rating Piotroski MktCap Industry AI Rating Deep Dive Deep-Dive Report Sector Price YTD 6 Mo. 1 Year Off High Price Target RS EPS Rating ADR 10D ADR 30D Beta P/E P/E (f) P/S P/B P/FCF PEG EV/EBITDA EBIT Margin Gross Margin Net Margin ROE ROA Debt/Eq Equity Ratio Sales +/Y Growth Score Div. Yield Payout Ratio Altman Z Inst. % Short % Analysts
PENG Penguin Solutions, Inc. 07/07 +53 % 83 % Stage 2 B 70 7 of 9 2.9 $ Information Technology Services Sells AI — Technology 56.20 $ +242.3 % +236.2 % +111.8 % −13.7 % +37.8 % 98 50 11.5 % 11.1 % 2.85 100.9 12.5 2.1 9.1 27.4 — 17.5 7.8 % 27.9 % 6.5 % 9.6 % 3.9 % 0.94 34.2 % +16.9 % 4 0.0 % 0.0 % 6.7 117.0 % 18.0 % 4.3 (8)
KN Knowles Corporation 07/23 +45 % 40 % Stage 2 B 61 7 of 9 3.4 $ Electronic Components – — — Technology 37.50 $ +87.1 % +85.2 % +62.3 % −5.0 % +23.6 % 92 61 4.9 % 4.6 % 1.60 52.1 15.2 5.6 4.1 46.8 0.43 23.0 11.8 % 45.3 % 10.6 % 8.2 % 5.5 % 0.19 74.0 % +7.2 % 5 0.0 % 0.0 % 6.3 103.9 % 7.2 % 4.3 (4)
ROG Rogers Corporation 07/30 +0 % 42 % Stage 2 B 56 9 of 9 2.6 $ Electronic Components – — — Technology 137.80 $ +73.8 % +75.1 % +74.5 % −1.1 % +32.4 % 92 24 5.1 % 5.0 % 0.50 — 6.5 3.1 1.9 25.7 0.77 18.8 8.3 % 32.4 % 3.8 % -4.5 % 3.2 % 0.02 83.6 % -2.3 % 3 0.0 % 0.0 % 13.2 102.2 % 4.5 % 4.3 (3)
ODC Oil-Dri Corporation Of America — +89 % 38 % Stage 2 B 59 8 of 9 1.3 $ Specialty Chemicals – — — Basic Materials 88.60 $ +94.7 % +105.8 % +42.9 % −0.5 % — 88 69 3.4 % 4.1 % 0.76 23.1 11.7 2.6 4.5 27.4 4.08 13.5 13.5 % 27.8 % 11.4 % 20.9 % 10.5 % 0.19 69.8 % +11.0 % 3 1.0 % 29.4 % 11.4 75.7 % 6.8 % —
LSTR Landstar System Inc 07/28 +6 % 36 % Stage 2 B 58 8 of 9 5.6 $ Integrated Freight & Logistics – — — Industrials 163.80 $ +47.1 % +47.1 % +38.3 % −8.0 % +14.8 % 84 74 2.8 % 3.4 % 0.89 45.0 23.0 1.2 6.9 23.8 0.93 23.7 4.5 % 19.0 % 2.6 % 14.4 % 7.3 % 0.03 49.9 % -1.9 % 5 1.0 % 70.9 % 13.2 108.6 % 5.6 % 3.1 (17)
CTS CTS Corporation 07/23 +20 % 35 % Stage 2 B 64 8 of 9 1.7 $ Electronic Components Neutral — Technology 59.60 $ +53.7 % +45.7 % +50.8 % −3.9 % +22.9 % 84 73 4.1 % 4.1 % 1.03 25.1 19.5 3.1 3.0 19.5 1.22 12.2 16.1 % 39.7 % 12.4 % 12.6 % 7.3 % 0.17 71.7 % +5.2 % 4 0.3 % 6.2 % 11.1 103.0 % 3.8 % —
TNK Teekay Tankers Ltd 07/29 +45 % 39 % Stage 2 B 56 7 of 9 3.3 $ Oil & Gas Midstream Neutral — — Energy 94.10 $ +50.7 % +24.6 % +83.2 % −16.3 % -6.9 % 82 86 4.8 % 4.0 % -0.22 7.2 8.8 3.2 1.4 23.6 1.10 3.3 43.7 % 50.3 % 51.3 % 21.4 % 12.0 % 0.02 91.6 % -22.6 % 4 1.0 % 12.9 % 20.2 70.5 % 3.2 % 4.3 (6)
MSM MSC Industrial Direct Company Inc 07/01 +12 % 27 % Stage 2 C 54 7 of 9 6.8 $ Industrial Distribution – — — Industrials 121.20 $ +41.0 % +36.8 % +41.1 % −0.6 % +7.6 % 79 57 2.7 % 2.7 % 0.82 32.6 23.3 1.8 4.9 31.7 2.45 16.8 7.3 % 40.8 % 5.9 % 15.0 % 8.7 % 0.85 56.5 % -1.4 % 7 2.9 % 80.4 % 7.4 89.0 % 5.1 % 3.0 (9)
RS Reliance Steel & Aluminum Co 07/22 +21 % 25 % Stage 2 B 57 7 of 9 19.8 $ Steel – — — Basic Materials 387.30 $ +39.0 % +27.7 % +40.1 % −3.4 % +3.7 % 78 73 3.3 % 2.8 % 0.96 24.0 16.4 1.3 2.8 32.3 2.29 13.1 9.1 % 28.3 % 5.7 % 11.3 % 7.3 % 0.41 65.9 % +3.3 % 3 1.3 % 28.3 % 10.3 85.3 % 2.8 % 3.6 (8)
MCRI Monarch Casino & Resort Inc 07/15 +32 % 26 % Stage 2 B 67 9 of 9 2.1 $ Resorts & Casinos Neutral — — Consumer Cyclical 117.70 $ +35.3 % +36.9 % +15.8 % −2.7 % +3.6 % 77 76 3.1 % 2.7 % 1.34 20.5 17.6 3.8 3.8 13.5 1.07 10.9 25.8 % 68.0 % 20.4 % 20.1 % 12.9 % 0.02 75.8 % +4.4 % 6 1.0 % 19.0 % 10.6 65.1 % 5.1 % 3.0 (5)
AU AngloGold Ashanti plc 08/07 +103 % 61 % Stage 1 A 80 8 of 9 51.5 $ Gold Neutral — — Basic Materials 99.00 $ +1.1 % -6.4 % +54.7 % −38.6 % +16.2 % 66 90 5.7 % 5.6 % 0.75 14.5 14.8 4.6 5.8 12.9 0.78 7.8 56.1 % 54.8 % 32.2 % 43.0 % 24.9 % 0.27 54.4 % +70.8 % 7 4.5 % 58.6 % 10.2 80.6 % 1.4 % 3.4 (8)
INCY Incyte Corporation 08/04 +22 % 33 % Stage 2 A 76 7 of 9 24.6 $ Biotechnology Uses AI — Healthcare 123.90 $ +5.7 % +14.2 % +51.7 % −4.2 % +2.4 % 66 83 4.3 % 3.7 % 0.77 18.6 14.2 4.6 4.7 16.9 10.82 9.8 25.6 % 55.7 % 27.7 % 30.8 % 16.8 % 0.01 75.6 % +21.2 % 8 0.0 % 0.0 % 11.9 106.6 % 7.9 % 3.7 (27)
JCI Johnson Controls International PLC 08/04 +43 % 30 % Stage 2 B 64 8 of 9 96.1 $ Building Products & Equipment – — — Industrials 150.20 $ +18.7 % +16.4 % +43.7 % −2.6 % +12.8 % 64 74 3.4 % 3.4 % 1.30 44.3 23.9 3.9 6.5 68.8 1.67 26.3 14.0 % 36.7 % 14.3 % 13.5 % 5.4 % -3.14 35.3 % +2.8 % 3 1.1 % 33.6 % 4.4 93.8 % 2.2 % 3.9 (22)
HUBG Hub Group Inc 07/02 +6 % 49 % Stage 2 D 43 7 of 9 1.9 $ Integrated Freight & Logistics – — — Industrials 30.30 $ +2.0 % +0.8 % -11.2 % −17.6 % +22.8 % 63 66 2.8 % 3.7 % 1.19 17.4 13.6 0.5 1.1 16.6 1.42 7.2 4.2 % 11.4 % 2.8 % 6.2 % 3.2 % 0.29 58.7 % -6.1 % 4 1.5 % 27.5 % 8.1 105.5 % 8.3 % 3.6 (16)
VOXR Vox Royalty Corp. 08/12 +40 % 54 % Stage 1 A 79 7 of 9 0.4 $ Other Precious Metals & Mining – — — Basic Materials 5.40 $ +6.9 % -5.7 % +41.2 % −28.4 % +46.9 % 59 97 5.8 % 5.3 % 0.82 — 33.2 12.5 — — — 6.1 — 94.3 % 144.3 % 34.9 % 23.6 % — — +50.5 % 5 1.1 % 24.4 % 20.5 80.8 % 3.0 % 4.4 (5)
MAS Masco Corporation 07/30 +13 % 35 % Stage 2 B 58 7 of 9 13.9 $ Building Products & Equipment – — — Industrials 68.90 $ +16.4 % +25.5 % -0.5 % −1.3 % +17.6 % 58 65 3.5 % 3.2 % 1.29 17.3 15.0 1.8 140.0 14.7 1.59 12.4 16.5 % 37.2 % 11.6 % 84.6 % 15.9 % -3.84 -4.6 % -3.4 % 4 1.8 % 28.4 % 5.9 105.5 % 4.9 % 3.7 (21)
KO The Coca-Cola Company 07/28 +14 % 19 % Stage 2 B 61 7 of 9 377.8 $ Beverages - Non-Alcoholic – — — Consumer Defensive 87.80 $ +16.4 % +19.5 % +36.6 % −4.3 % +7.5 % 56 64 1.9 % 1.9 % 0.34 28.0 25.3 7.7 11.4 30.1 4.03 20.6 35.1 % 61.9 % 28.6 % 43.4 % 9.4 % 2.41 32.3 % +1.9 % 5 2.4 % 65.0 % 8.0 68.3 % 0.9 % 4.4 (26)
ZWS Zurn Elkay Water Solutions Corporation 08/04 +32 % 28 % Stage 2 B 64 8 of 9 7.9 $ Pollution & Treatment Controls – — — Industrials 46.70 $ +4.3 % +4.6 % +2.1 % −4.6 % +27.9 % 50 74 3.1 % 2.8 % 0.77 38.3 22.6 4.6 4.8 24.7 1.51 16.6 19.1 % 49.0 % 15.5 % 13.3 % 8.7 % 0.68 59.9 % +8.3 % 6 1.0 % 25.9 % 5.6 92.7 % 3.8 % 3.8 (8)
GD General Dynamics Corporation 07/22 +25 % 23 % Stage 3 B 62 8 of 9 91.5 $ Aerospace & Defense – — — Industrials 336.70 $ +5.0 % +1.7 % +5.6 % −6.8 % +25.4 % 47 60 2.3 % 2.2 % 0.32 21.5 18.5 1.7 3.5 14.7 2.12 14.6 10.5 % 15.4 % 8.2 % 18.0 % 6.1 % 1.56 44.2 % +10.1 % 5 1.9 % 38.3 % 8.0 87.6 % 1.1 % 3.8 (24)
AXS AXIS Capital Holdings Ltd 08/04 +37 % 25 % Stage 2 B 58 8 of 9 6.8 $ Insurance - Specialty Uses AI — — Financial Services 94.50 $ -0.8 % +0.7 % +1.6 % −5.1 % +24.2 % 41 76 2.6 % 2.6 % 0.49 7.4 7.6 1.0 1.3 40.4 1.18 0.0 19.0 % 30.7 % 16.2 % 17.4 % 2.4 % 0.24 17.9 % +9.1 % 5 1.8 % 13.9 % 7.0 100.0 % 2.9 % 4.1 (9)
V Visa Inc. Class A 08/04 +16 % 22 % Stage 3 B 68 7 of 9 694.7 $ Credit Services Sells AI — Financial Services 367.40 $ -6.0 % -3.4 % +10.6 % −8.1 % +14.0 % 36 73 2.2 % 2.2 % 0.76 32.9 24.1 16.1 20.5 32.8 1.64 23.7 67.4 % 97.7 % 50.8 % 60.4 % 19.1 % 1.62 37.5 % +11.3 % 8 0.7 % 21.0 % 6.4 91.7 % 1.2 % 4.3 (41)
AYI Acuity Brands Inc — +29 % 38 % Stage 4 B 61 8 of 9 9.7 $ Electrical Equipment & Parts – — — Industrials 319.40 $ -16.9 % -1.1 % -4.2 % −5.5 % +33.0 % 33 69 6.3 % 4.3 % 1.29 21.4 13.8 2.1 3.4 17.3 1.19 11.7 16.1 % 48.7 % 10.3 % 16.0 % 7.8 % 0.59 61.5 % +13.1 % 5 0.3 % 4.1 % 10.2 99.2 % 4.0 % 4.1 (9)
CTAS Cintas Corporation 07/16 +15 % 24 % Stage 4 B 61 7 of 9 80.0 $ Specialty Business Services – — — Industrials 199.90 $ -9.8 % -11.1 % -0.2 % −25.4 % +10.4 % 21 58 2.5 % 2.6 % 0.91 43.3 36.2 7.3 16.8 44.7 3.14 26.1 23.2 % 51.0 % 17.8 % 41.3 % 16.7 % 2.26 46.8 % +7.8 % 7 1.1 % 29.5 % 11.0 69.4 % 3.9 % 3.6 (21)
EXE Expand Energy Corporation 08/04 +7 % 31 % Stage 4 B 58 8 of 9 20.7 $ Oil & Gas E&P Uses AI — — Energy 86.80 $ -18.7 % -18.9 % -14.9 % −30.2 % +41.5 % 17 42 2.2 % 2.2 % 0.32 6.4 10.3 1.4 1.0 7.2 0.88 3.7 34.0 % 47.1 % 22.0 % 17.6 % 8.5 % 0.26 66.2 % +176.0 % 4 2.5 % 28.3 % 7.0 92.9 % 3.6 % 4.5 (27)
SPOT Spotify Technology SA 08/04 +63 % 45 % Stage 4 A 77 9 of 9 104.9 $ Internet Content & Information – — — Communication Services 510.00 $ -21.6 % -21.2 % -28.4 % −43.8 % +17.6 % 13 91 3.9 % 4.5 % 1.59 37.9 28.0 6.0 12.5 32.9 1.42 22.3 15.8 % 32.8 % 18.4 % 38.0 % 12.2 % 0.07 61.0 % +9.7 % 7 0.0 % 0.0 % 8.8 68.9 % 3.9 % 4.1 (40)

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Frequently Asked Questions

The mirror image of the Distress Radar: Altman Z″ in the safe zone (≥ 2.6) in EVERY available quarter, plus a Piotroski F-Score ≥ 7 and interest coverage ≥ 10 — balance sheets that can withstand a recession. The Altman Z-Score condenses liquidity, profitability, leverage, and revenue efficiency into a single bankruptcy early-warning figure. Source: fundamental data.

All scanners are recalculated daily across the entire stock universe — most recently on September 26, 2026. The data basis is fundamental data and SEC filings (10-K annual reports and 10-Q quarterly reports).

Currently, 25 stocks pass this scanner's criteria (as of September 26, 2026).

No global trading filters — this strategy checks the entire stock universe purely against its own criteria (mega caps over $50B included).

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Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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