Webjet GroupASX:WJL +1.25%23 Altman Z-Score is 1.96 as of Jul. 05, 2026. GuruFocus rates ASX:WJL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 839 Travel & Leisure companies, Webjet Group ranks worse than 119189.39% 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.
Webjet Group has a Altman Z-Score of 1.96, indicating it is in Grey Zones. This implies that Webjet Group is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Webjet Group's Altman Z-Score or its related term are showing as below:
Webjet Group (ASX:WJL) 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.
Webjet Group Altman Z-Score Related Terms
Webjet Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Webjet Group'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.
Webjet Group Altman Z-Score Chart
Webjet Group Annual Data
Trend
Mar25
Mar26
Altman Z-Score
0.00
0.00
Webjet Group Semi-Annual Data
Sep24
Mar25
Sep25
Mar26
Altman Z-Score
0.00
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0.00
ASX:WJL vs BKNG, ABNB, RCL: Altman Z-Score Comparison
For the Travel Services subindustry, Webjet Group'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.
Webjet Group Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Webjet Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Webjet Group'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.
Webjet Group'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
*
0.2093
+
1.4
*
-0.0369
+
3.3
*
0.0285
+
0.6
*
1.7743
+
1.0
*
0.5981
=
1.96
* 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.
Webjet Group (ASX:WJL) has a Altman Z-Score of 1.96 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Webjet Group and its competitors. According to the industry distribution chart, Webjet Group ranks #999999 out of 839 companies in the Travel & Leisure industry.
Is Webjet Group's Altman Z-Score too high?
Webjet Group's current Altman Z-Score is 1.96. The Travel & Leisure industry median Altman Z-Score is 2.02. Webjet Group's value of 1.96 is 3% below this industry median. Based on the distribution chart, Webjet Group ranks #999999 out of 839 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Webjet Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Webjet Group's Altman Z-Score compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Webjet Group ranks #999999 out of 839 companies for Altman Z-Score. This places Webjet Group in the lower half of its industry. The industry median Altman Z-Score is 2.02. Webjet Group's value of 1.96 is 3% below this benchmark. 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 2.02, based on 839 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. Webjet Group's current Altman Z-Score of 1.96 is 3% 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 Webjet Group and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webjet Group's current Altman Z-Score is 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webjet Group stock overvalued right now?
Webjet Group (ASX:WJL) has a current Altman Z-Score of 1.96. The current Altman Z-Score is 1.96 and 3% below the Travel & Leisure industry median of 2.02. Webjet Group's overall GF Score™ is 23/100 with 2 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 Webjet Group (ASX:WJL), the current Altman Z-Score is 1.96 as of Jul. 05, 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.
Webjet Group Ltd is a digitally-led travel business. It has four segments Webjet OTA is a online travel agency in Australia and New Zealand with brand recognition; Cars & Motorhomes operates a e-commerce platform specialising in motorhome and car rentals, servicing customers across multiple international markets; Webjet Business Travel combines technology, a growing customer base, and an experienced team with Webjet's brand strength, partnerships and reach; and Trip Ninja is a technology business focused on platform enhancement and the application of machine learning and artificial intelligence. It generates majority of revenue from Webjet OTA. It has presence in Australia, Canada, and New Zealand of which majority of revenue comes from Australia.
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