Frontier Developments (CHIX:FDEVL) Altman Z-Score: 4.59 (As of Jun. 25, 2026) — 56% Below Median


CHIX:FDEVL Frontier Developments PLC CHIX:FDEVL
49 GF Score
Price £4.02
GF Value £2.80
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Frontier Developments Altman Z-Score?

Frontier Developments CHIX:FDEVL -0.68% 49 Altman Z-Score is 4.59 as of Jun. 25, 2026, which is 56% below its 10-year median of 10.51. GuruFocus rates CHIX:FDEVL with a GF Score™ of 49/100 and a GF Value™ of £2.80 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 550 Interactive Media companies, Frontier Developments ranks better than 64.36% 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.

Good Sign:

Altman Z-score of 4.59 is strong.

Frontier Developments has a Altman Z-Score of 4.59, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 Frontier Developments's Altman Z-Score or its related term are showing as below:

CHIX:FDEVl' s Altman Z-Score Range Over the Past 10 Years
Min: 2.47   Med: 10.51   Max: 37.3
Current: 4.59

During the past 13 years, Frontier Developments's highest Altman Z-Score was 37.30. The lowest was 2.47. And the median was 10.51.


Frontier Developments  (CHIX:FDEVl) 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.


Frontier Developments Altman Z-Score Related Terms


Frontier Developments Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Frontier Developments'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.

Frontier Developments Altman Z-Score Chart

Frontier Developments Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.59 7.57 3.94 2.47 3.85

Frontier Developments Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 Premium Member Only Premium Member Only Premium Member Only 0.00 2.47 0.00 3.85 0.00

CHIX:FDEVL vs NTES, EA, TTWO: Altman Z-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Frontier Developments'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.


Frontier Developments Altman Z-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Frontier Developments's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Frontier Developments's Altman Z-Score falls into.


CHIX:FDEVL
49GF Score
Frontier Developments PLC CHIX:FDEVL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frontier Developments 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.

Frontier Developments'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*0.3425+1.4*0.5569+3.3*0.1029+0.6*3.9401+1.0*0.6932
=4.59

* 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 May. 2025:
Total Assets was £130.7 Mil.
Total Current Assets was £59.7 Mil.
Total Current Liabilities was £15.0 Mil.
Retained Earnings was £72.8 Mil.
Pre-Tax Income was £12.4 Mil.
Interest Expense was £-1.0 Mil.
Revenue was £90.6 Mil.
Market Cap (Today) was £140.0 Mil.
Total Liabilities was £35.5 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
=(59.72 - 14.958)/130.693
=0.3425

X2=Retained Earnings/Total Assets
=72.78/130.693
=0.5569

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(12.419 - -1.032)/130.693
=0.1029

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=139.996/35.531
=3.9401

X5=Revenue/Total Assets
=90.6/130.693
=0.6932

The zones of discrimination were as such:

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

Frontier Developments has a Altman Z-Score of 4.59 indicating it is in Safe 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 4.59 mean?
Frontier Developments (CHIX:FDEVL) has a Altman Z-Score of 4.59 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Frontier Developments and its competitors. This is 56% below median its historical median of 10.51. Over the past decade, Frontier Developments' Altman Z-Score has ranged from 2.47 to 37.30. According to the industry distribution chart, Frontier Developments ranks #196 out of 550 companies in the Interactive Media industry, placing it in the top 35.6%.
Is Frontier Developments' Altman Z-Score too high?
Frontier Developments' current Altman Z-Score of 4.59 is 56% below median its 10-year median of 10.51. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 37.30. The Interactive Media industry median Altman Z-Score is 3.04. Frontier Developments' value of 4.59 is 51.2% above this industry median. Based on the distribution chart, Frontier Developments ranks #196 out of 550 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Frontier Developments has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Developments' Altman Z-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, Frontier Developments ranks #196 out of 550 companies for Altman Z-Score. This puts Frontier Developments in the upper half of its industry. The industry median Altman Z-Score is 3.04. Frontier Developments' value of 4.59 is 51.2% above this benchmark. Historically, Frontier Developments' own Altman Z-Score has ranged from 2.47 to 37.30 over the past decade. While the company's 10-year median is 10.51 vs. the industry median of 3.04, Frontier Developments 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 Z-Score for an Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.04, based on 550 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. Frontier Developments's current Altman Z-Score of 4.59 is 51.2% 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 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 Frontier Developments and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Developments's current Altman Z-Score is 4.59, which is 56% below median its own 10-year median of 10.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Developments stock overvalued right now?
Based on GuruFocus' analysis, Frontier Developments (CHIX:FDEVL) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.80, compared to a current price of £4.02 — trading 43.4% above its estimated fair value. The current Altman Z-Score is 4.59, which is 56% below median its 10-year median of 10.51 and 51.2% above the Interactive Media industry median of 3.04. Frontier Developments' overall GF Score™ is 49/100 with 3 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 Frontier Developments (CHIX:FDEVL), the current Altman Z-Score is 4.59 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 Frontier Developments (CHIX:FDEVL) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Developments stock appears to be overvalued. The current stock price of £4.02 is trading 43.4% above its estimated GF Value™ of £2.80. GuruFocus considers Frontier Developments to be Significantly Overvalued.

Key valuation signals for CHIX:FDEVL:

  • Altman Z-Score: 4.59 (56% below median its 10-year median of 10.51)
  • GF Value™: £2.80 vs. price of £4.02 (43.4% above fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 51.2% above the Interactive Media median (#196 of 550)

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


Frontier Developments Business Description

Other Exchanges FRRDF:USAFDEV:UK5FD:Germany
Address Milton Road, 26 Science Park, Cambridge, GBR, CB4 0FP
Frontier Developments PLC is a United Kingdom-based company that develops and publishes video games for personal computers and consoles. The company is known for titles such as the Elite series, Planet Coaster, Planet Zoo, and Jurassic World Evolution. It operates through game development and publishing, using in-house technology to create and distribute interactive entertainment software. Frontier Developments has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing. The majority of revenue is generated from Publishing revenue.
49GF Score

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

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