Kinepolis Group NV (CHIX:KINB) Altman Z2-Score: 0.45 (As of Jul. 04, 2026) — 27% Below Median


CHIX:KINB Kinepolis Group NV CHIX:KINB
73 GF Score
Price €30.65
GF Value €37.06
! 8 Warning Signs
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What is Kinepolis Group NV Altman Z2-Score?

Kinepolis Group NV CHIX:KINB 73 Altman Z2-Score is 0.45 as of Jul. 04, 2026, which is 27% below its 10-year median of 0.62. GuruFocus rates CHIX:KINB with a GF Score™ of 73/100 and a GF Value™ of €37.06. The stock has 8 warning signs investors should review. Among 1,022 Media - Diversified companies, Kinepolis Group NV ranks worse than 66.14% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Warning Sign:

Kinepolis Group NV has a Altman Z2-Score of 0.45, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Kinepolis Group NV's Altman Z2-Score or its related term are showing as below:

CHIX:KINb' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.53   Med: 0.62   Max: 2.17
Current: 0.45

During the past 13 years, Kinepolis Group NV's highest Altman Z2-Score was 2.17. The lowest was -0.53. And the median was 0.62.


Kinepolis Group NV  (CHIX:KINb) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

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_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Kinepolis Group NV Altman Z2-Score Related Terms


Kinepolis Group NV Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Kinepolis Group NV's Altman Z2-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.

Kinepolis Group NV Altman Z2-Score Chart

Kinepolis Group NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 0.54 0.00 0.62 0.45

Kinepolis Group NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-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 0.00 0.00 0.62 0.00 0.45

CHIX:KINB vs NFLX, DIS, WBD: Altman Z2-Score Comparison

For the Entertainment subindustry, Kinepolis Group NV's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


Kinepolis Group NV Altman Z2-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kinepolis Group NV's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Kinepolis Group NV's Altman Z2-Score falls into.


CHIX:KINB
73GF Score
Kinepolis Group NV CHIX:KINB
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinepolis Group NV Altman Z2-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.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Kinepolis Group NV's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*-0.1537+3.26*0.2214+6.72*0.0689+1.05*0.2591
=0.45

* 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 Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was €1,125.7 Mil.
Total Current Assets was €212.3 Mil.
Total Current Liabilities was €385.2 Mil.
Retained Earnings was €249.2 Mil.
Pre-Tax Income was €50.2 Mil.
Interest Expense was €-27.4 Mil.
Total Liabilities was €894.0 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
=(212.282 - 385.249)/1125.654
=-0.1537

X2=Retained Earnings/Total Assets
=249.185/1125.654
=0.2214

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(50.205 - -27.399)/1125.654
=0.0689

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(231.61 - 0)/894.044
=0.2591

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Kinepolis Group NV has a Altman Z2-Score of 0.45 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.45 mean?
Kinepolis Group NV (CHIX:KINB) has a Altman Z2-Score of 0.45 as of Jul. 04, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Kinepolis Group NV and its competitors. This is 27% below median its historical median of 0.62. According to the industry distribution chart, Kinepolis Group NV ranks #676 out of 1022 companies in the Media - Diversified industry, placing it in the top 66.1%.
Is Kinepolis Group NV's Altman Z2-Score too high?
Kinepolis Group NV's current Altman Z2-Score of 0.45 is 27% below median its 10-year median of 0.62. The Media - Diversified industry median Altman Z2-Score is 2.52. Kinepolis Group NV's value of 0.45 is 82.1% below this industry median. Based on the distribution chart, Kinepolis Group NV ranks #676 out of 1022 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Kinepolis Group NV has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Kinepolis Group NV's Altman Z2-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Kinepolis Group NV ranks #676 out of 1022 companies for Altman Z2-Score. This places Kinepolis Group NV in the lower half of its industry. The industry median Altman Z2-Score is 2.52. Kinepolis Group NV's value of 0.45 is 82.1% below this benchmark. While the company's 10-year median is 0.62 vs. the industry median of 2.52, Kinepolis Group NV has consistently been below 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 Z2-Score for a Media - Diversified company?
The median Altman Z2-Score among Media - Diversified companies is 2.52, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kinepolis Group NV's current Altman Z2-Score of 0.45 is 82.1% below 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Kinepolis Group NV and its competitors. For the Media - Diversified industry, the median Altman Z2-Score is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinepolis Group NV's current Altman Z2-Score is 0.45, which is 27% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinepolis Group NV stock overvalued right now?
Kinepolis Group NV (CHIX:KINB) has a current Altman Z2-Score of 0.45. The stock's GF Value™ is €37.06, compared to a current price of €30.65 — trading 17.3% below its estimated fair value. The current Altman Z2-Score is 0.45, which is 27% below median its 10-year median of 0.62 and 82.1% below the Media - Diversified industry median of 2.52. Kinepolis Group NV's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Kinepolis Group NV (CHIX:KINB), the current Altman Z2-Score is 0.45 as of Jul. 04, 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 Kinepolis Group NV (CHIX:KINB) Overvalued in 2026?

Based on GuruFocus' analysis, Kinepolis Group NV stock appears to be undervalued. The current stock price of €30.65 is trading 17.3% below its estimated GF Value™ of €37.06.

Key valuation signals for CHIX:KINB:

  • Altman Z2-Score: 0.45 (27% below median its 10-year median of 0.62)
  • GF Value™: €37.06 vs. price of €30.65 (17.3% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 82.1% below the Media - Diversified median (#676 of 1022)

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


Kinepolis Group NV Business Description

Address Moutstraat 132-146, Ghent, BEL, B-9000
Kinepolis Group NV is a diversified media company engaged in operating in the cinema industry. The business activities involve operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. The company geographically operates in segments such as Belgium, Canada, the Netherlands, France, the United States, Spain and Luxembourg. The Switzerland and Poland activities are combined in other segment. The company earns the vast majority of its revenue from Belguim Segment.
73GF Score

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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€30.65
Price
€37.06
GF Value