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 -0.43 is in distress zone. This implies bankruptcy possibility in the next two years.
Six Flags Entertainment has a Altman Z-Score of -0.42, 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 Six Flags Entertainment's Altman Z-Score or its related term are showing as below:
FRA:6FE0'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.45 Med: 1.61 Max: 2.31
Current: -0.43
During the past 13 years, Six Flags Entertainment's highest Altman Z-Score was 2.31. The lowest was -0.45. And the median was 1.61.
Six Flags Entertainment (FRA:6FE0) 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.
FRA:6FE0 vs PRKS, PTON, OSW: Altman Z-Score Comparison
For the Leisure subindustry, Six Flags Entertainment'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.
Six Flags Entertainment Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Six Flags Entertainment's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Six Flags Entertainment's Altman Z-Score falls into.
Six Flags Entertainment 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.
Six Flags Entertainment (FRA:6FE0) has a Altman Z-Score of -0.42 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Six Flags Entertainment and its competitors. According to the industry distribution chart, Six Flags Entertainment ranks #770 out of 837 companies in the Travel & Leisure industry, placing it in the top 92%.
Is Six Flags Entertainment's Altman Z-Score too high?
Six Flags Entertainment's current Altman Z-Score is -0.42. Based on the distribution chart, Six Flags Entertainment ranks #770 out of 837 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Six Flags Entertainment has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Six Flags Entertainment's Altman Z-Score compare to PRKS and PTON?
According to the Travel & Leisure industry distribution chart, Six Flags Entertainment ranks #770 out of 837 companies for Altman Z-Score. This places Six Flags Entertainment in the lower half of its industry. The industry median Altman Z-Score is 1.97. 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 1.97, based on 837 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 Six Flags Entertainment and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Six Flags Entertainment's current Altman Z-Score is -0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Six Flags Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Six Flags Entertainment (FRA:6FE0) is currently considered Possible Value Trap. The stock's GF Value™ is €30.54, compared to a current price of €18.30 — trading 40.1% below its estimated fair value. The current Altman Z-Score is -0.42. Six Flags Entertainment's overall GF Score™ is 68/100 with 8 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 Six Flags Entertainment (FRA:6FE0), the current Altman Z-Score is -0.42 as of Jul. 02, 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 Six Flags Entertainment (FRA:6FE0) Overvalued in 2026?
Based on GuruFocus' analysis, Six Flags Entertainment stock appears to be undervalued.
The current stock price of €18.30 is trading 40.1% below its estimated GF Value™ of €30.54.
GuruFocus considers Six Flags Entertainment to be Possible Value Trap.
Key valuation signals for FRA:6FE0:
Altman Z-Score: -0.42
GF Value™: €30.54 vs. price of €18.30 (40.1% below fair value)
No single metric tells the full story. See the FRA:6FE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Six Flags Entertainment Corp is North America's regional amusement resort operator with approximately 27 amusement parks, around 15 separately gated water parks, and nine resort properties across the U.S., Canada, and Mexico. It provides coasters, themed rides, thrilling water parks, resorts, and a portfolio of beloved intellectual properties such as Looney Tunes, DC Comics, and PEANUTS. The parks are family-oriented, with recreational facilities for people of all ages, and provide clean and attractive environments with exciting rides and immersive entertainment. The Company generates revenue from sales of admission to the amusement parks and water parks, from purchases of food, merchandise and games both inside and outside the parks, from the sale of accommodations and other extra-charge.
68GF Score
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