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Canterbury Park HoldingCPHC -0.03%76 Altman Z-Score is 2.80 as of Aug. 21, 2026, which is 29% below its 10-year median of 3.96. GuruFocus rates CPHC with a GF Score™ of 76/100 and a GF Value™ of $17.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 835 Travel & Leisure companies, Canterbury Park Holding ranks better than 61.56% 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 2.8 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Canterbury Park Holding has a Altman Z-Score of 2.80, indicating it is in Grey Zones. This implies that Canterbury Park Holding 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 Canterbury Park Holding's Altman Z-Score or its related term are showing as below:
CPHC'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.63 Med: 3.96 Max: 6.39
Current: 2.8
During the past 13 years, Canterbury Park Holding's highest Altman Z-Score was 6.39. The lowest was 2.63. And the median was 3.96.
Canterbury Park Holding (NAS:CPHC) 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.
* 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.
CPHC vs FLL, CNTY, TBTC: Altman Z-Score Comparison
For the Resorts & Casinos subindustry, Canterbury Park Holding'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.
Canterbury Park Holding Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Canterbury Park Holding's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Canterbury Park Holding's Altman Z-Score falls into.
Canterbury Park Holding 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.
* 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.
Canterbury Park Holding (CPHC) has a Altman Z-Score of 2.80 as of Aug. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Canterbury Park Holding and its competitors. This is 29% below median its historical median of 3.96. Over the past decade, Canterbury Park Holding's Altman Z-Score has ranged from 2.63 to 6.39. According to the industry distribution chart, Canterbury Park Holding ranks #321 out of 835 companies in the Travel & Leisure industry, placing it in the top 38.4%.
Is Canterbury Park Holding's Altman Z-Score too high?
Canterbury Park Holding's current Altman Z-Score of 2.80 is 29% below median its 10-year median of 3.96. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 6.39. The Travel & Leisure industry median Altman Z-Score is 2.00. Canterbury Park Holding's value of 2.80 is 40% above this industry median. Based on the distribution chart, Canterbury Park Holding ranks #321 out of 835 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Canterbury Park Holding has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canterbury Park Holding's Altman Z-Score compare to FLL and CNTY?
According to the Travel & Leisure industry distribution chart, Canterbury Park Holding ranks #321 out of 835 companies for Altman Z-Score. This puts Canterbury Park Holding in the upper half of its industry. The industry median Altman Z-Score is 2.00. Canterbury Park Holding's value of 2.80 is 40% above this benchmark. Historically, Canterbury Park Holding's own Altman Z-Score has ranged from 2.63 to 6.39 over the past decade. While the company's 10-year median is 3.96 vs. the industry median of 2.00, Canterbury Park Holding 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 a Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 2.00, based on 835 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. Canterbury Park Holding's current Altman Z-Score of 2.80 is 40% 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 Canterbury Park Holding and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canterbury Park Holding's current Altman Z-Score is 2.80, which is 29% below median its own 10-year median of 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canterbury Park Holding stock overvalued right now?
Based on GuruFocus' analysis, Canterbury Park Holding (CPHC) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.70, compared to a current price of $15.65 — trading 11.6% below its estimated fair value. The current Altman Z-Score is 2.80, which is 29% below median its 10-year median of 3.96 and 40% above the Travel & Leisure industry median of 2.00. Canterbury Park Holding's overall GF Score™ is 76/100 with 4 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 Canterbury Park Holding (CPHC), the current Altman Z-Score is 2.80 as of Aug. 21, 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 Canterbury Park Holding (CPHC) Overvalued in 2026?
Based on GuruFocus' analysis, Canterbury Park Holding stock appears to be undervalued.
The current stock price of $15.65 is trading 11.6% below its estimated GF Value™ of $17.70.
GuruFocus considers Canterbury Park Holding to be Modestly Undervalued.
Key valuation signals for CPHC:
Altman Z-Score: 2.80 (29% below median its 10-year median of 3.96)
GF Value™: $17.70 vs. price of $15.65 (11.6% below fair value)
Industry Position: 40% above the Travel & Leisure median (#321 of 835)
No single metric tells the full story. See the CPHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canterbury Park Holding Corp is in the business of pari-mutuel wagering on horse races and unbanked card games at its canterbury park racetrack and card casino facility in Minnesota. The company has four operating segments. The horse racing segment represents pari-mutuel wagering operations on simulcast and lives horse races; the Casino segment represents unbanked card operations; the food and beverage segment includes concessions, catering, and events services provided at the Racetrack; and the real estate development segment represents its real estate development operations. The firm generates a majority of its revenue from the Casino segment.
76GF Score
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