EB (Eventbrite) Altman Z-Score: -0.60 (As of Jun. 25, 2026)


EB Eventbrite Inc EB
48 GF Score
Price $4.51
GF Value $4.75
! 5 Warning Signs
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What is Eventbrite Altman Z-Score?

Eventbrite EB 48 Altman Z-Score is -0.60 as of Jun. 25, 2026. GuruFocus rates EB with a GF Score™ of 48/100 and a GF Value™ of $4.75. The stock has 5 warning signs investors should review.

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 -0.6 is in distress zone. This implies bankruptcy possibility in the next two years.

Eventbrite has a Altman Z-Score of -0.60, 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 Eventbrite's Altman Z-Score or its related term are showing as below:

EB' s Altman Z-Score Range Over the Past 10 Years
Min: -0.83   Med: 0.15   Max: 3.64
Current: -0.6

During the past 9 years, Eventbrite's highest Altman Z-Score was 3.64. The lowest was -0.83. And the median was 0.15.


Eventbrite  (NYSE:EB) 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.


Eventbrite Altman Z-Score Related Terms


Eventbrite Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Eventbrite'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.

Eventbrite Altman Z-Score Chart

Eventbrite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 0.79 0.43 -0.19 0.23 -0.51

Eventbrite Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -0.41 -0.51 -0.62 -0.61 -0.83

EB vs MAX, FVRR, GRPN: Altman Z-Score Comparison

For the Internet Content & Information subindustry, Eventbrite'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.


Eventbrite Altman Z-Score vs Interactive Media Industry

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

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


EB
48GF Score
Eventbrite Inc EB
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Eventbrite 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.

Eventbrite'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*0.0769+1.4*-1.1192+3.3*-0.0046+0.6*0.8155+1.0*0.3959
=-0.60

* 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 Sep. 2025:
Total Assets was $744.6 Mil.
Total Current Assets was $552.3 Mil.
Total Current Liabilities was $495.1 Mil.
Retained Earnings was $-833.4 Mil.
Pre-Tax Income was 6.247 + -1.262 + -5.843 + -7.483 = $-8.3 Mil.
Interest Expense was -1.618 + -1.094 + -1.08 + -1.102 = $-4.9 Mil.
Revenue was 71.743 + 72.758 + 73.833 + 76.464 = $294.8 Mil.
Market Cap (Today) was $453.0 Mil.
Total Liabilities was $555.5 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
=(552.325 - 495.079)/744.586
=0.0769

X2=Retained Earnings/Total Assets
=-833.354/744.586
=-1.1192

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-8.341 - -4.894)/744.586
=-0.0046

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=452.958/555.469
=0.8155

X5=Revenue/Total Assets
=294.798/744.586
=0.3959

The zones of discrimination were as such:

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

Eventbrite has a Altman Z-Score of -0.60 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 -0.60 mean?
Eventbrite (EB) has a Altman Z-Score of -0.60 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Eventbrite and its competitors.
Is Eventbrite's Altman Z-Score too high?
Eventbrite's current Altman Z-Score is -0.60. Overall, Eventbrite has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Eventbrite's Altman Z-Score compare to MAX and FVRR?
Eventbrite's Altman Z-Score of -0.60 can be compared against companies in the Interactive Media industry. The industry median Altman Z-Score is 3.04. 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. 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 Eventbrite 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. Eventbrite's current Altman Z-Score is -0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eventbrite stock overvalued right now?
Eventbrite (EB) has a current Altman Z-Score of -0.60. The stock's GF Value™ is $4.75, compared to a current price of $4.51 — trading 5.1% below its estimated fair value. The current Altman Z-Score is -0.60. Eventbrite's overall GF Score™ is 48/100 with 5 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 Eventbrite (EB), the current Altman Z-Score is -0.60 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 Eventbrite (EB) Overvalued in 2026?

Based on GuruFocus' analysis, Eventbrite stock appears to be undervalued. The current stock price of $4.51 is trading 5.1% below its estimated GF Value™ of $4.75.

Key valuation signals for EB:

  • Altman Z-Score: -0.60
  • GF Value™: $4.75 vs. price of $4.51 (5.1% below fair value)
  • GF Score™: 48/100 with 5 warning signs

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


Eventbrite Business Description

Address 95 Third Street, 2nd Floor, San Francisco, CA, USA, 94103
Eventbrite Inc is a self-service ticketing and experience technology platform that serves event creators. The company's two-sided marketplace connects creators and consumers every month to share their passions, artistry, and causes through live experiences. Creators use its self-service ticketing and marketing tools to plan, promote, and sell tickets to their events, and event seekers use its website and mobile application to discover and purchase tickets to experiences. Geographically, it generates maximum revenue from the United States. The company generates revenues principally from service fees and payment processing fees from the sale of paid tickets on its platform.
48GF Score

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

$4.51
Price
$4.75
GF Value