FPSForgent Power Solutions, Inc.
Is it safe?
Solid, nothing alarming: a safe balance sheet, but big price swings.
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
In the flagged range only because sales grew fast; the other indices are not Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -56% · now 38% below its 52-week high.
Unless marked, from SEC EDGAR, as of Jun 30, 2026.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can FPS take a bad year?
Forgent Power Solutions, Inc. carries $485M of net debt at 1.98× EBITDA: a load its earnings can carry.
Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.98×
Net debt / EBITDA · 2.88× a year ago · the load is coming down
- Altman Z-score
- 7.99
Altman Z-score · safe zone, above 3
- Interest cover
- 3.19×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ4 2026
- $582M
- Cash and short-term investments
- $97M
- Net debt
- $485M
- EBITDA, trailing twelve months
- $245M
- Operating profit, trailing twelve months
- $182M
- Debt / equity
- 1.03×
- Total debt / EBITDA
- 2.38×
- Annualised volatilitytwo years of daily moves
- 86%
- Worst drawdown on file
- −56%
- Below its 52-week high
- 38%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Electrical Equipment & Parts
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