Propel Funeral Partners (ASX:PFP) Altman Z-Score: 1.22 (As of Jun. 25, 2026) — 33% Below Median


ASX:PFP Propel Funeral Partners Ltd ASX:PFP
74 GF Score
Price A$3.02
GF Value A$5.37
Valuation Possible Value Trap
! 6 Warning Signs
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What is Propel Funeral Partners Altman Z-Score?

Propel Funeral Partners ASX:PFP +3.07% 74 Altman Z-Score is 1.22 as of Jun. 25, 2026, which is 33% below its 10-year median of 1.81. GuruFocus rates ASX:PFP with a GF Score™ of 74/100 and a GF Value™ of A$5.37 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 96 Personal Services companies, Propel Funeral Partners ranks worse than 68.75% 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 1.23 is in distress zone. This implies bankruptcy possibility in the next two years.

Propel Funeral Partners has a Altman Z-Score of 1.22, 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 Propel Funeral Partners's Altman Z-Score or its related term are showing as below:

ASX:PFP' s Altman Z-Score Range Over the Past 10 Years
Min: 1.23   Med: 1.81   Max: 2.68
Current: 1.23

During the past 8 years, Propel Funeral Partners's highest Altman Z-Score was 2.68. The lowest was 1.23. And the median was 1.81.


Propel Funeral Partners  (ASX:PFP) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Propel Funeral Partners Altman Z-Score Related Terms


Propel Funeral Partners Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Propel Funeral Partners'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.

Propel Funeral Partners Altman Z-Score Chart

Propel Funeral Partners Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial 1.52 2.05 1.50 1.95 1.66

Propel Funeral Partners Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-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 0.00 1.95 0.00 1.66 0.00

ASX:PFP vs ROL, SCI, HRB: Altman Z-Score Comparison

For the Personal Services subindustry, Propel Funeral Partners'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.


Propel Funeral Partners Altman Z-Score vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Propel Funeral Partners's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Propel Funeral Partners's Altman Z-Score falls into.


ASX:PFP
74GF Score
Propel Funeral Partners Ltd ASX:PFP
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Propel Funeral Partners Altman Z-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.

Propel Funeral Partners'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*-0.0557+1.4*-0.0403+3.3*0.058+0.6*1.3473+1.0*0.3432
=1.22

* 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.

Trailing Twelve Months (TTM) ended in Jun. 2025:
Total Assets was A$655.1 Mil.
Total Current Assets was A$104.1 Mil.
Total Current Liabilities was A$140.6 Mil.
Retained Earnings was A$-26.4 Mil.
Pre-Tax Income was A$28.9 Mil.
Interest Expense was A$-9.1 Mil.
Revenue was A$224.9 Mil.
Market Cap (Today) was A$404.3 Mil.
Total Liabilities was A$300.1 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
=(104.114 - 140.572)/655.12
=-0.0557

X2=Retained Earnings/Total Assets
=-26.427/655.12
=-0.0403

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(28.925 - -9.077)/655.12
=0.058

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=404.263/300.051
=1.3473

X5=Revenue/Total Assets
=224.868/655.12
=0.3432

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Propel Funeral Partners has a Altman Z-Score of 1.22 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.22 mean?
Propel Funeral Partners (ASX:PFP) has a Altman Z-Score of 1.22 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Propel Funeral Partners and its competitors. This is 33% below median its historical median of 1.81. Over the past decade, Propel Funeral Partners' Altman Z-Score has ranged from 1.23 to 2.68. According to the industry distribution chart, Propel Funeral Partners ranks #66 out of 96 companies in the Personal Services industry, placing it in the top 68.7%.
Is Propel Funeral Partners' Altman Z-Score too high?
Propel Funeral Partners' current Altman Z-Score of 1.22 is 33% below median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 2.68. The Personal Services industry median Altman Z-Score is 1.98. Propel Funeral Partners' value of 1.22 is 38.4% below this industry median. Based on the distribution chart, Propel Funeral Partners ranks #66 out of 96 companies in the Personal Services industry, which is below the industry midpoint. Overall, Propel Funeral Partners has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Propel Funeral Partners' Altman Z-Score compare to ROL and SCI?
According to the Personal Services industry distribution chart, Propel Funeral Partners ranks #66 out of 96 companies for Altman Z-Score. This places Propel Funeral Partners in the lower half of its industry. The industry median Altman Z-Score is 1.98. Propel Funeral Partners' value of 1.22 is 38.4% below this benchmark. Historically, Propel Funeral Partners' own Altman Z-Score has ranged from 1.23 to 2.68 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.98, Propel Funeral Partners 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 Personal Services company?
The median Altman Z-Score among Personal Services companies is 1.98, based on 96 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. Propel Funeral Partners's current Altman Z-Score of 1.22 is 38.4% 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 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 Propel Funeral Partners and its competitors. For the Personal Services industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Propel Funeral Partners's current Altman Z-Score is 1.22, which is 33% below median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Propel Funeral Partners stock overvalued right now?
Based on GuruFocus' analysis, Propel Funeral Partners (ASX:PFP) is currently considered Possible Value Trap. The stock's GF Value™ is A$5.37, compared to a current price of A$3.02 — trading 43.8% below its estimated fair value. The current Altman Z-Score is 1.22, which is 33% below median its 10-year median of 1.81 and 38.4% below the Personal Services industry median of 1.98. Propel Funeral Partners' overall GF Score™ is 74/100 with 6 warning signs to review. 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 Propel Funeral Partners (ASX:PFP), the current Altman Z-Score is 1.22 as of Jun. 25, 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 Propel Funeral Partners (ASX:PFP) Overvalued in 2026?

Based on GuruFocus' analysis, Propel Funeral Partners stock appears to be undervalued. The current stock price of A$3.02 is trading 43.8% below its estimated GF Value™ of A$5.37. GuruFocus considers Propel Funeral Partners to be Possible Value Trap.

Key valuation signals for ASX:PFP:

  • Altman Z-Score: 1.22 (33% below median its 10-year median of 1.81)
  • GF Value™: A$5.37 vs. price of A$3.02 (43.8% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 38.4% below the Personal Services median (#66 of 96)

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


Propel Funeral Partners Business Description

Address 135 King Street, Level 18.03, Sydney, NSW, AUS, 2000
Propel Funeral Partners Ltd is an Australia-based company engaged in the provision of death care services. The company owns funeral homes, cremation facilities, cemeteries, and related infrastructure in Queensland, New South Wales, Victoria, Tasmania, South Australia, Western Australia, Australian Capital Territory, and New Zealand. It offers a range of services and products across death care such as tailored to personal, religious, or ethnic preferences. The Group is organized into two geographic segments, Australian operations, and New Zealand operations, both of which operate in the death care-related services industry. The Group generates the majority of its revenue from the Australia operations.
74GF Score

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

A$3.02
Price
A$5.37
GF Value