Everplay GroupFRA:2EC -0.76%84 Altman Z2-Score is 10.67 as of Jun. 27, 2026, which is 21% above its 10-year median of 8.82. GuruFocus rates FRA:2EC with a GF Score™ of 84/100 and a GF Value™ of €3.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 566 Interactive Media companies, Everplay Group ranks better than 81.63% 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.
Good Sign:
Everplay Group has a Altman Z2-Score of 10.67, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
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 Everplay Group's Altman Z2-Score or its related term are showing as below:
FRA:2EC'
s Altman Z2-Score Range Over the Past 10 Years
Min: 0.95 Med: 8.82 Max: 11.23
Current: 10.67
During the past 11 years, Everplay Group's highest Altman Z2-Score was 11.23. The lowest was 0.95. And the median was 8.82.
Everplay Group (FRA:2EC) 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.
Altman Z2-Score does not apply to financial companies.
Everplay Group Altman Z2-Score Related Terms
Everplay Group Altman Z2-Score Historical Data
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The historical data trend for Everplay Group'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.
FRA:2EC vs NTES, EA, TTWO: Altman Z2-Score Comparison
For the Electronic Gaming & Multimedia subindustry, Everplay Group'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.
Everplay Group Altman Z2-Score vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Everplay Group's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Everplay Group's Altman Z2-Score falls into.
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.
Everplay Group'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
*
0.1907
+
3.26
*
0.4229
+
6.72
*
0.1123
+
1.05
*
6.9344
=
10.67
* 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.
Everplay Group (FRA:2EC) has a Altman Z2-Score of 10.67 as of Jun. 27, 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 Everplay Group and its competitors. This is 21% above median its historical median of 8.82. Over the past decade, Everplay Group's Altman Z2-Score has ranged from 0.95 to 11.23. According to the industry distribution chart, Everplay Group ranks #104 out of 566 companies in the Interactive Media industry, placing it in the top 18.4%.
Is Everplay Group's Altman Z2-Score too high?
Everplay Group's current Altman Z2-Score of 10.67 is 21% above median its 10-year median of 8.82. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 11.23. The Interactive Media industry median Altman Z2-Score is 4.11. Everplay Group's value of 10.67 is 159.9% above this industry median. Based on the distribution chart, Everplay Group ranks #104 out of 566 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Everplay Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Everplay Group's Altman Z2-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, Everplay Group ranks #104 out of 566 companies for Altman Z2-Score. This places Everplay Group in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.11. Everplay Group's value of 10.67 is 159.9% above this benchmark. Historically, Everplay Group's own Altman Z2-Score has ranged from 0.95 to 11.23 over the past decade. While the company's 10-year median is 8.82 vs. the industry median of 4.11, Everplay Group has consistently been above 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 an Interactive Media company?
The median Altman Z2-Score among Interactive Media companies is 4.11, based on 566 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. Everplay Group's current Altman Z2-Score of 10.67 is 159.9% above 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 Everplay Group and its competitors. For the Interactive Media industry, the median Altman Z2-Score is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everplay Group's current Altman Z2-Score is 10.67, which is 21% above median its own 10-year median of 8.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everplay Group stock overvalued right now?
Based on GuruFocus' analysis, Everplay Group (FRA:2EC) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.61, compared to a current price of €2.62 — trading 27.4% below its estimated fair value. The current Altman Z2-Score is 10.67, which is 21% above median its 10-year median of 8.82 and 159.9% above the Interactive Media industry median of 4.11. Everplay Group's overall GF Score™ is 84/100 with 5 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 Everplay Group (FRA:2EC), the current Altman Z2-Score is 10.67 as of Jun. 27, 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 Everplay Group (FRA:2EC) Overvalued in 2026?
Based on GuruFocus' analysis, Everplay Group stock appears to be undervalued.
The current stock price of €2.62 is trading 27.4% below its estimated GF Value™ of €3.61.
GuruFocus considers Everplay Group to be Modestly Undervalued.
Key valuation signals for FRA:2EC:
Altman Z2-Score: 10.67 (21% above median its 10-year median of 8.82)
GF Value™: €3.61 vs. price of €2.62 (27.4% below fair value)
Industry Position: 159.9% above the Interactive Media median (#104 of 566)
No single metric tells the full story. See the FRA:2EC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everplay Group PLC is a holding company. Along with its subsidiaries, it is engaged in the development and publishing of independent (Indie) premium video games, working simulation games, and the development of educational entertainment apps for children. It is involved in identifying, developing, publishing, distributing, and licensing a mix of first-party and third-party IP games, with some of its IPs being Construction Simulator, Police Simulator, Bus Simulator, and Firefighting Simulator etc. The group's operating segments are Games Label, which develops and publishes video games for the digital and physical market; Simulation, which develops and publishes simulation games for the digital and physical market; and Edutainment, which develops educational entertainment apps for children.
84GF Score
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