Experience CoASX:EXP +1.37% Altman Z-Score is 0.42 as of Jun. 24, 2026, which is 64% below its 10-year median of 1.16. The stock has 9 warning signs investors should review. Among 840 Travel & Leisure companies, Experience Co ranks worse than 84.17% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Warning Sign:
Altman Z-score of 0.45 is in distress zone. This implies bankruptcy possibility in the next two years.
Experience Co has a Altman Z-Score of 0.42, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Experience Co's Altman Z-Score or its related term are showing as below:
ASX:EXP'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.34 Med: 1.16 Max: 8.22
Current: 0.45
During the past 11 years, Experience Co's highest Altman Z-Score was 8.22. The lowest was -0.34. And the median was 1.16.
Experience Co (ASX:EXP) Altman Z-Score Explanation
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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Experience Co Altman Z-Score Related Terms
Experience Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Experience Co's Altman Z-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.
ASX:EXP vs AS, HAS, LTH: Altman Z-Score Comparison
For the Leisure subindustry, Experience Co's Altman Z-Score, along with its competitors' market caps and Altman Z-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.
Experience Co Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Experience Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Experience Co's Altman Z-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.
Experience Co's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
-0.0532
+
1.4
*
-0.5632
+
3.3
*
0.0092
+
0.6
*
0.8887
+
1.0
*
0.7051
=
0.42
* 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 Z-Score when X4 or X5 value is 0.
Experience Co (ASX:EXP) has a Altman Z-Score of 0.42 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Experience Co and its competitors. This is 64% below median its historical median of 1.16. According to the industry distribution chart, Experience Co ranks #707 out of 840 companies in the Travel & Leisure industry, placing it in the top 84.2%.
Is Experience Co's Altman Z-Score too high?
Experience Co's current Altman Z-Score of 0.42 is 64% below median its 10-year median of 1.16. The Travel & Leisure industry median Altman Z-Score is 1.99. Experience Co's value of 0.42 is 78.9% below this industry median. Based on the distribution chart, Experience Co ranks #707 out of 840 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers.
How does Experience Co's Altman Z-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Experience Co ranks #707 out of 840 companies for Altman Z-Score. This places Experience Co in the lower half of its industry. The industry median Altman Z-Score is 1.99. Experience Co's value of 0.42 is 78.9% below this benchmark. While the company's 10-year median is 1.16 vs. the industry median of 1.99, Experience Co 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 Z-Score for a Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 1.99, based on 840 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Experience Co's current Altman Z-Score of 0.42 is 78.9% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Experience Co and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Experience Co's current Altman Z-Score is 0.42, which is 64% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Experience Co stock overvalued right now?
Based on GuruFocus' analysis, Experience Co (ASX:EXP) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.16, compared to a current price of A$0.07 — trading 53.8% below its estimated fair value. The current Altman Z-Score is 0.42, which is 64% below median its 10-year median of 1.16 and 78.9% below the Travel & Leisure industry median of 1.99. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Experience Co (ASX:EXP), the current Altman Z-Score is 0.42 as of Jun. 24, 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.
Experience Co Ltd operates as an adventure tourism company that engages in the provision of adventure tourism and leisure experiences to the public. The firm offers sky-diving, island day trips, reef tours, rainforest tours, and multi-day experiences in Australia and New Zealand. The company segment includes Skydiving, Adventure Experiences and Corporate. The company generates the majority of its revenue from the Adventure Experiences segment. Geographically the company generates the majority from Australia.
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