Boston OmahaFRA:42S +1.54%69 Altman Z-Score is 1.74 as of Jul. 04, 2026, which is 48% below its 10-year median of 3.33. GuruFocus rates FRA:42S with a GF Score™ of 69/100 and a GF Value™ of €14.39 (Fairly Valued). The stock has 7 warning signs investors should review. Among 547 Conglomerates companies, Boston Omaha ranks worse than 60.15% 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 1.72 is in distress zone. This implies bankruptcy possibility in the next two years.
Boston Omaha has a Altman Z-Score of 1.74, 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 Boston Omaha's Altman Z-Score or its related term are showing as below:
FRA:42S'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.67 Med: 3.33 Max: 109.35
Current: 1.72
During the past 11 years, Boston Omaha's highest Altman Z-Score was 109.35. The lowest was 0.67. And the median was 3.33.
Boston Omaha (FRA:42S) 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.
Boston Omaha Altman Z-Score Related Terms
Boston Omaha Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Boston Omaha'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.
FRA:42S vs TRC, FIP, RCMT: Altman Z-Score Comparison
For the Conglomerates subindustry, Boston Omaha'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.
Boston Omaha Altman Z-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Boston Omaha's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Boston Omaha'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.
Boston Omaha'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
*
0.073
+
1.4
*
-0.0278
+
3.3
*
-0.0237
+
0.6
*
2.6756
+
1.0
*
0.164
=
1.74
* 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.
Boston Omaha (FRA:42S) has a Altman Z-Score of 1.74 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Boston Omaha and its competitors. This is 48% below median its historical median of 3.33. Over the past decade, Boston Omaha's Altman Z-Score has ranged from 0.67 to 109.35. According to the industry distribution chart, Boston Omaha ranks #329 out of 547 companies in the Conglomerates industry, placing it in the top 60.1%.
Is Boston Omaha's Altman Z-Score too high?
Boston Omaha's current Altman Z-Score of 1.74 is 48% below median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 109.35. The Conglomerates industry median Altman Z-Score is 2.07. Boston Omaha's value of 1.74 is 15.9% below this industry median. Based on the distribution chart, Boston Omaha ranks #329 out of 547 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Boston Omaha has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boston Omaha's Altman Z-Score compare to TRC and FIP?
According to the Conglomerates industry distribution chart, Boston Omaha ranks #329 out of 547 companies for Altman Z-Score. This places Boston Omaha in the lower half of its industry. The industry median Altman Z-Score is 2.07. Boston Omaha's value of 1.74 is 15.9% below this benchmark. Historically, Boston Omaha's own Altman Z-Score has ranged from 0.67 to 109.35 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 2.07, Boston Omaha 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 Conglomerates company?
The median Altman Z-Score among Conglomerates companies is 2.07, based on 547 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. Boston Omaha's current Altman Z-Score of 1.74 is 15.9% 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 Boston Omaha and its competitors. For the Conglomerates industry, the median Altman Z-Score is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boston Omaha's current Altman Z-Score is 1.74, which is 48% below median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boston Omaha stock overvalued right now?
Based on GuruFocus' analysis, Boston Omaha (FRA:42S) is currently considered Fairly Valued. The stock's GF Value™ is €14.39, compared to a current price of €13.20 — trading 8.3% below its estimated fair value. The current Altman Z-Score is 1.74, which is 48% below median its 10-year median of 3.33 and 15.9% below the Conglomerates industry median of 2.07. Boston Omaha's overall GF Score™ is 69/100 with 7 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 Boston Omaha (FRA:42S), the current Altman Z-Score is 1.74 as of Jul. 04, 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 Boston Omaha (FRA:42S) Overvalued in 2026?
Based on GuruFocus' analysis, Boston Omaha stock appears to be undervalued.
The current stock price of €13.20 is trading 8.3% below its estimated GF Value™ of €14.39.
GuruFocus considers Boston Omaha to be Fairly Valued.
Key valuation signals for FRA:42S:
Altman Z-Score: 1.74 (48% below median its 10-year median of 3.33)
GF Value™: €14.39 vs. price of €13.20 (8.3% below fair value)
Industry Position: 15.9% below the Conglomerates median (#329 of 547)
No single metric tells the full story. See the FRA:42S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boston Omaha Corp is a diversified holding company engaged in outdoor billboard advertising, broadband services, surety insurance, and related brokerage activities, and asset management. The company generates revenue mainly from leasing advertising space on billboards, providing broadband internet services, and earning premiums and commissions from its insurance operations. In addition, it holds minority equity investments in various businesses, including real estate-related and other industries.
69GF Score
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