Financial strength protects investors in downturns. The Altman Z-Score measures bankruptcy risk, the Piotroski F-Score measures improving fundamentals, and low debt limits the damage when business slows. This screen lists stocks on European exchanges with an Altman Z-Score above 3 (the safe zone), a Piotroski F-Score of at least 7 and a debt-to-equity ratio below 0.5. Prices are in euros, and the list covers stocks traded on Xetra, Euronext Paris, Euronext Amsterdam, Euronext Milan and the Madrid Stock Exchange with at least 0.5 million euros in average daily trading value.
