Allwyn AG (ATH:ALWN) Financial Strength: 2 (As of Jun. 2026) — 67% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ATH:ALWN Allwyn AG ATH:ALWN
74 GF Score
Price €13.10
GF Value €15.97
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Allwyn AG Financial Strength?

Allwyn AG ATH:ALWN +0.69% 74 Financial Strength is 2 as of Jun. 2026, which is 67% below its 10-year median of 6.00. GuruFocus rates ATH:ALWN with a GF Score™ of 74/100 and a GF Value™ of €15.97 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Allwyn AG has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Allwyn AG displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Allwyn AG's Interest Coverage for the quarter that ended in Jun. 2026 was 1.14. Allwyn AG's debt to revenue ratio for the quarter that ended in Jun. 2026 was 1.69. As of today, Allwyn AG's Altman Z-Score is 0.61.


Allwyn AG  (ATH:ALWN) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Allwyn AG has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Allwyn AG Financial Strength Related Terms


ATH:ALWN vs FLUT, DKNG, SGHC: Financial Strength Comparison

For the Gambling subindustry, Allwyn AG's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Allwyn AG Financial Strength vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Allwyn AG's Financial Strength distribution charts can be found below:

* The bar in red indicates where Allwyn AG's Financial Strength falls into.


ATH:ALWN
74GF Score
Allwyn AG ATH:ALWN
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allwyn AG Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Allwyn AG's Interest Expense for the months ended in Jun. 2026 was €-124 Mil. Its Operating Income for the months ended in Jun. 2026 was €141 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €8,107 Mil.

Allwyn AG's Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*141/-124
=1.14

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Allwyn AG interest coverage is 4.13, which is low.

2. Debt to revenue ratio. The lower, the better.

Allwyn AG's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(294 + 8107) / 4980
=1.69

3. Altman Z-Score.

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.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Allwyn AG has a Z-score of 0.61, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.61 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 2 mean?
Allwyn AG (ATH:ALWN) has a Financial Strength of 2 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Allwyn AG and its competitors. This is 67% below median its historical median of 6.00. Over the past decade, Allwyn AG's Financial Strength has ranged from 2.00 to 9.00.
Is Allwyn AG's Financial Strength too high?
Allwyn AG's current Financial Strength of 2 is 67% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. Overall, Allwyn AG has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Allwyn AG's Financial Strength compare to FLUT and DKNG?
Allwyn AG's Financial Strength of 2 can be compared against companies in the Travel & Leisure industry. Historically, Allwyn AG's own Financial Strength has ranged from 2.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Travel & Leisure company?
A good Financial Strength depends on the Travel & Leisure industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Allwyn AG and its competitors. Allwyn AG's current Financial Strength is 2, which is 67% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allwyn AG stock overvalued right now?
Based on GuruFocus' analysis, Allwyn AG (ATH:ALWN) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.97, compared to a current price of €13.10 — trading 18% below its estimated fair value. The current Financial Strength is 2, which is 67% below median its 10-year median of 6.00. Allwyn AG's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Allwyn AG (ATH:ALWN), the current Financial Strength is 2 as of Jun. 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 Allwyn AG (ATH:ALWN) Overvalued in 2026?

Based on GuruFocus' analysis, Allwyn AG stock appears to be undervalued. The current stock price of €13.10 is trading 18% below its estimated GF Value™ of €15.97. GuruFocus considers Allwyn AG to be Modestly Undervalued.

Key valuation signals for ATH:ALWN:

  • Financial Strength: 2 (67% below median its 10-year median of 6.00)
  • GF Value™: €15.97 vs. price of €13.10 (18% below fair value)
  • GF Score™: 74/100 with 6 warning signs

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


Allwyn AG Business Description

Address 112 Athinon Avenue, Attica, Athens, GRC, 104 42
Allwyn AG, formerly known as OPAP Holding SA, is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, Other online games, Instant and Passives, VLTs, Telecommunication and eMoney services. It generates the majority of its revenue from the Lotteries segment. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.
74GF Score

Get the complete analysis for ATH:ALWN

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

€13.10
Price
€15.97
GF Value