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.
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.
Interactive Brokers GroupFRA:KY6 -2.10%85 Altman Z2-Score is 1.21 as of Jul. 13, 2026, which is 51% above its 10-year median of 0.80. GuruFocus rates FRA:KY6 with a GF Score™ of 85/100 and a GF Value™ of €33.53 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 692 Capital Markets companies, Interactive Brokers Group ranks worse than 76.73% 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.
Interactive Brokers Group has a Altman Z2-Score of 1.21, indicating it is in Grey Zones. This implies that Interactive Brokers Group is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.
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 Interactive Brokers Group's Altman Z2-Score or its related term are showing as below:
FRA:KY6'
s Altman Z2-Score Range Over the Past 10 Years
Min: 0.63 Med: 0.8 Max: 1.24
Current: 1.21
During the past 13 years, Interactive Brokers Group's highest Altman Z2-Score was 1.24. The lowest was 0.63. And the median was 0.80.
Interactive Brokers Group (FRA:KY6) 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.
* 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:KY6 vs LPLA, TW, CRCL: Altman Z2-Score Comparison
For the Capital Markets subindustry, Interactive Brokers 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.
Interactive Brokers Group Altman Z2-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Interactive Brokers Group's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Interactive Brokers Group's Altman Z2-Score falls into.
Interactive Brokers Group 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.
* 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.
Interactive Brokers Group (FRA:KY6) has a Altman Z2-Score of 1.21 as of Jul. 13, 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 Interactive Brokers Group and its competitors. This is 51% above median its historical median of 0.80. Over the past decade, Interactive Brokers Group's Altman Z2-Score has ranged from 0.63 to 1.24. According to the industry distribution chart, Interactive Brokers Group ranks #531 out of 692 companies in the Capital Markets industry, placing it in the top 76.7%.
Is Interactive Brokers Group's Altman Z2-Score too high?
Interactive Brokers Group's current Altman Z2-Score of 1.21 is 51% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.24. The Capital Markets industry median Altman Z2-Score is 4.23. Interactive Brokers Group's value of 1.21 is 71.4% below this industry median. Based on the distribution chart, Interactive Brokers Group ranks #531 out of 692 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Interactive Brokers Group has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Interactive Brokers Group's Altman Z2-Score compare to LPLA and TW?
According to the Capital Markets industry distribution chart, Interactive Brokers Group ranks #531 out of 692 companies for Altman Z2-Score. This places Interactive Brokers Group in the lower half of its industry. The industry median Altman Z2-Score is 4.23. Interactive Brokers Group's value of 1.21 is 71.4% below this benchmark. Historically, Interactive Brokers Group's own Altman Z2-Score has ranged from 0.63 to 1.24 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 4.23, Interactive Brokers Group 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 Capital Markets company?
The median Altman Z2-Score among Capital Markets companies is 4.23, based on 692 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. Interactive Brokers Group's current Altman Z2-Score of 1.21 is 71.4% 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 Interactive Brokers Group and its competitors. For the Capital Markets industry, the median Altman Z2-Score is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Interactive Brokers Group's current Altman Z2-Score is 1.21, which is 51% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interactive Brokers Group stock overvalued right now?
Based on GuruFocus' analysis, Interactive Brokers Group (FRA:KY6) is currently considered Significantly Overvalued. The stock's GF Value™ is €33.53, compared to a current price of €80.95 — trading 141.4% above its estimated fair value. The current Altman Z2-Score is 1.21, which is 51% above median its 10-year median of 0.80 and 71.4% below the Capital Markets industry median of 4.23. Interactive Brokers Group's overall GF Score™ is 85/100 with 9 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 Interactive Brokers Group (FRA:KY6), the current Altman Z2-Score is 1.21 as of Jul. 13, 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 Interactive Brokers Group (FRA:KY6) Overvalued in 2026?
Based on GuruFocus' analysis, Interactive Brokers Group stock appears to be overvalued.
The current stock price of €80.95 is trading 141.4% above its estimated GF Value™ of €33.53.
GuruFocus considers Interactive Brokers Group to be Significantly Overvalued.
Key valuation signals for FRA:KY6:
Altman Z2-Score: 1.21 (51% above median its 10-year median of 0.80)
GF Value™: €33.53 vs. price of €80.95 (141.4% above fair value)
Industry Position: 71.4% below the Capital Markets median (#531 of 692)
No single metric tells the full story. See the FRA:KY6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Interactive Brokers is a large, automated, retail and institutional brokerage that boasted nearly $780 billion in customer equity at the end of 2025. The company cut its teeth as a market maker, introducing US financial markets to automated and algorithmic training before expanding into brokerage services in 1993. The firm has a wide-ranging client base, with its best-in-class order execution and extremely low margin lending rates catering to a sophisticated audience of hedge funds, proprietary traders, and introducing brokers that account for about 45% of the firm's commissions. With operations spanning more than 170 electronic exchanges, 40 countries, and 29 currencies, Interactive Brokers caters to a global clientele, with more than 80% of active accounts sitting outside the US.
85GF Score
Get the complete analysis for FRA:KY6
Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:KY6 has been successfully added to your 
