Ste Immo et d'Exp de l'Hotel Majestic (XPAR:MLHMC) Altman Z2-Score: 12.69 (As of Jul. 11, 2026) — Near Median


XPAR:MLHMC Ste Immo et d'Exp de l'Hotel Majestic SA XPAR:MLHMC
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What is Ste Immo et d'Exp de l'Hotel Majestic Altman Z2-Score?

Ste Immo et d'Exp de l'Hotel Majestic XPAR:MLHMC 22 Altman Z2-Score is 12.69 as of Jul. 11, 2026, which is 5% above its 10-year median of 12.07. GuruFocus rates XPAR:MLHMC with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 846 Travel & Leisure companies, Ste Immo et d'Exp de l'Hotel Majestic ranks better than 93.97% 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:

Ste Immo et d'Exp de l'Hotel Majestic has a Altman Z2-Score of 12.69, 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 Ste Immo et d'Exp de l'Hotel Majestic's Altman Z2-Score or its related term are showing as below:

XPAR:MLHMC' s Altman Z2-Score Range Over the Past 10 Years
Min: 11.69   Med: 12.07   Max: 12.69
Current: 12.69

During the past 3 years, Ste Immo et d'Exp de l'Hotel Majestic's highest Altman Z2-Score was 12.69. The lowest was 11.69. And the median was 12.07.


Ste Immo et d'Exp de l'Hotel Majestic  (XPAR:MLHMC) 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.


Ste Immo et d'Exp de l'Hotel Majestic Altman Z2-Score Related Terms


Ste Immo et d'Exp de l'Hotel Majestic Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Ste Immo et d'Exp de l'Hotel Majestic'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.

Ste Immo et d'Exp de l'Hotel Majestic Altman Z2-Score Chart

Ste Immo et d'Exp de l'Hotel Majestic Annual Data
Trend Oct23 Oct24 Oct25
Altman Z2-Score
11.69 12.07 12.69

Ste Immo et d'Exp de l'Hotel Majestic Semi-Annual Data
Oct23 Oct24 Oct25
Altman Z2-Score 11.69 12.07 12.69

XPAR:MLHMC vs LVS, MGM, WYNN: Altman Z2-Score Comparison

For the Resorts & Casinos subindustry, Ste Immo et d'Exp de l'Hotel Majestic'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.


Ste Immo et d'Exp de l'Hotel Majestic Altman Z2-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ste Immo et d'Exp de l'Hotel Majestic's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Ste Immo et d'Exp de l'Hotel Majestic's Altman Z2-Score falls into.


XPAR:MLHMC
22GF Score
Ste Immo et d'Exp de l'Hotel Majestic SA XPAR:MLHMC
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ste Immo et d'Exp de l'Hotel Majestic 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.

Ste Immo et d'Exp de l'Hotel Majestic'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*0.6346+3.26*0.7635+6.72*0.189+1.05*4.5389
=12.69

* 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 Oct. 2025:
Total Assets was €186.17 Mil.
Total Current Assets was €149.79 Mil.
Total Current Liabilities was €31.64 Mil.
Retained Earnings was €142.15 Mil.
Pre-Tax Income was €35.15 Mil.
Interest Expense was €-0.03 Mil.
Total Liabilities was €33.61 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
=(149.794 - 31.644)/186.173
=0.6346

X2=Retained Earnings/Total Assets
=142.149/186.173
=0.7635

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(35.154 - -0.03)/186.173
=0.189

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(152.561 - 0)/33.612
=4.5389

The zones of discrimination were as such:

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

Ste Immo et d'Exp de l'Hotel Majestic has a Altman Z2-Score of 12.69 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 12.69 mean?
Ste Immo et d'Exp de l'Hotel Majestic (XPAR:MLHMC) has a Altman Z2-Score of 12.69 as of Jul. 11, 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 Ste Immo et d'Exp de l'Hotel Majestic and its competitors. This is near median its historical median of 12.07. Over the past decade, Ste Immo et d'Exp de l'Hotel Majestic's Altman Z2-Score has ranged from 11.69 to 12.69. According to the industry distribution chart, Ste Immo et d'Exp de l'Hotel Majestic ranks #51 out of 846 companies in the Travel & Leisure industry, placing it in the top 6%.
Is Ste Immo et d'Exp de l'Hotel Majestic's Altman Z2-Score too high?
Ste Immo et d'Exp de l'Hotel Majestic's current Altman Z2-Score of 12.69 is near median its 10-year median of 12.07. Over the past 10 years, this metric has ranged from a low of 11.69 to a high of 12.69. The Travel & Leisure industry median Altman Z2-Score is 2.46. Ste Immo et d'Exp de l'Hotel Majestic's value of 12.69 is 416.9% above this industry median. Based on the distribution chart, Ste Immo et d'Exp de l'Hotel Majestic ranks #51 out of 846 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Ste Immo et d'Exp de l'Hotel Majestic has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Ste Immo et d'Exp de l'Hotel Majestic's Altman Z2-Score compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Ste Immo et d'Exp de l'Hotel Majestic ranks #51 out of 846 companies for Altman Z2-Score. This places Ste Immo et d'Exp de l'Hotel Majestic in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.46. Ste Immo et d'Exp de l'Hotel Majestic's value of 12.69 is 416.9% above this benchmark. Historically, Ste Immo et d'Exp de l'Hotel Majestic's own Altman Z2-Score has ranged from 11.69 to 12.69 over the past decade. While the company's 10-year median is 12.07 vs. the industry median of 2.46, Ste Immo et d'Exp de l'Hotel Majestic 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 a Travel & Leisure company?
The median Altman Z2-Score among Travel & Leisure companies is 2.46, based on 846 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. Ste Immo et d'Exp de l'Hotel Majestic's current Altman Z2-Score of 12.69 is 416.9% 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 Ste Immo et d'Exp de l'Hotel Majestic and its competitors. For the Travel & Leisure industry, the median Altman Z2-Score is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ste Immo et d'Exp de l'Hotel Majestic's current Altman Z2-Score is 12.69, which is near median its own 10-year median of 12.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ste Immo et d'Exp de l'Hotel Majestic stock overvalued right now?
Ste Immo et d'Exp de l'Hotel Majestic (XPAR:MLHMC) has a current Altman Z2-Score of 12.69. The current Altman Z2-Score is 12.69, which is near median its 10-year median of 12.07 and 416.9% above the Travel & Leisure industry median of 2.46. Ste Immo et d'Exp de l'Hotel Majestic's overall GF Score™ is 22/100 with 1 warning sign 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 Ste Immo et d'Exp de l'Hotel Majestic (XPAR:MLHMC), the current Altman Z2-Score is 12.69 as of Jul. 11, 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.

Ste Immo et d'Exp de l'Hotel Majestic Business Description

Address 10 la Croisette, Cannes, FRA, 06400
Ste Immo et d'Exp de l'Hotel Majestic SA is a France-based company engaged in hotel management activities. It manages a five-star hotel Majestic Barriere, based in Cannes, France.
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