Kambi Group (FRA:7KB) Altman Z-Score: 8.06 (As of Jun. 28, 2026) — 20% Below Median


FRA:7KB Kambi Group PLC FRA:7KB
86 GF Score
Price €12.86
GF Value €10.33
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kambi Group Altman Z-Score?

Kambi Group FRA:7KB -3.31% 86 Altman Z-Score is 8.06 as of Jun. 28, 2026, which is 20% below its 10-year median of 10.13. GuruFocus rates FRA:7KB with a GF Score™ of 86/100 and a GF Value™ of €10.33 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 840 Travel & Leisure companies, Kambi Group ranks better than 90.48% 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 8.24 is strong.

Kambi Group has a Altman Z-Score of 8.06, 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 Kambi Group's Altman Z-Score or its related term are showing as below:

FRA:7KB' s Altman Z-Score Range Over the Past 10 Years
Min: 4.82   Med: 10.13   Max: 25.19
Current: 8.24

During the past 13 years, Kambi Group's highest Altman Z-Score was 25.19. The lowest was 4.82. And the median was 10.13.


Kambi Group  (FRA:7KB) 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.


Kambi Group Altman Z-Score Related Terms


Kambi Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kambi Group'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.

Kambi Group Altman Z-Score Chart

Kambi Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.35 6.28 8.75 6.18 9.97

Kambi Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.62 8.63 7.96 9.97 6.82

FRA:7KB vs FLUT, DKNG, LNWO: Altman Z-Score Comparison

For the Gambling subindustry, Kambi Group'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.


Kambi Group Altman Z-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kambi Group's Altman Z-Score distribution charts can be found below:

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


FRA:7KB
86GF Score
Kambi Group PLC FRA:7KB
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kambi Group 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.

Kambi Group'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*0.3186+1.4*0.5507+3.3*0.0655+0.6*9.7599+1.0*0.8353
=8.06

* 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 Mar. 2026:
Total Assets was €196.4 Mil.
Total Current Assets was €87.4 Mil.
Total Current Liabilities was €24.8 Mil.
Retained Earnings was €108.2 Mil.
Pre-Tax Income was 4.232 + 4.401 + 1.836 + 1.46 = €11.9 Mil.
Interest Expense was -0.207 + -0.186 + -0.125 + -0.421 = €-0.9 Mil.
Revenue was 43.497 + 42.712 + 37.381 + 40.459 = €164.0 Mil.
Market Cap (Today) was €369.6 Mil.
Total Liabilities was €37.9 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
=(87.364 - 24.798)/196.399
=0.3186

X2=Retained Earnings/Total Assets
=108.16/196.399
=0.5507

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(11.929 - -0.939)/196.399
=0.0655

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=369.597/37.869
=9.7599

X5=Revenue/Total Assets
=164.049/196.399
=0.8353

The zones of discrimination were as such:

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

Kambi Group has a Altman Z-Score of 8.06 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 8.06 mean?
Kambi Group (FRA:7KB) has a Altman Z-Score of 8.06 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kambi Group and its competitors. This is 20% below median its historical median of 10.13. Over the past decade, Kambi Group's Altman Z-Score has ranged from 4.82 to 25.19. According to the industry distribution chart, Kambi Group ranks #80 out of 840 companies in the Travel & Leisure industry, placing it in the top 9.5%.
Is Kambi Group's Altman Z-Score too high?
Kambi Group's current Altman Z-Score of 8.06 is 20% below median its 10-year median of 10.13. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 25.19. The Travel & Leisure industry median Altman Z-Score is 1.98. Kambi Group's value of 8.06 is 308.1% above this industry median. Based on the distribution chart, Kambi Group ranks #80 out of 840 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Kambi Group has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kambi Group's Altman Z-Score compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Kambi Group ranks #80 out of 840 companies for Altman Z-Score. This places Kambi Group in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.98. Kambi Group's value of 8.06 is 308.1% above this benchmark. Historically, Kambi Group's own Altman Z-Score has ranged from 4.82 to 25.19 over the past decade. While the company's 10-year median is 10.13 vs. the industry median of 1.98, Kambi Group 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 1.98, based on 840 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. Kambi Group's current Altman Z-Score of 8.06 is 308.1% 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 Kambi Group and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kambi Group's current Altman Z-Score is 8.06, which is 20% below median its own 10-year median of 10.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kambi Group stock overvalued right now?
Based on GuruFocus' analysis, Kambi Group (FRA:7KB) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.33, compared to a current price of €12.86 — trading 24.5% above its estimated fair value. The current Altman Z-Score is 8.06, which is 20% below median its 10-year median of 10.13 and 308.1% above the Travel & Leisure industry median of 1.98. Kambi Group's overall GF Score™ is 86/100 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 Kambi Group (FRA:7KB), the current Altman Z-Score is 8.06 as of Jun. 28, 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 Kambi Group (FRA:7KB) Overvalued in 2026?

Based on GuruFocus' analysis, Kambi Group stock appears to be overvalued. The current stock price of €12.86 is trading 24.5% above its estimated GF Value™ of €10.33. GuruFocus considers Kambi Group to be Modestly Overvalued.

Key valuation signals for FRA:7KB:

  • Altman Z-Score: 8.06 (20% below median its 10-year median of 10.13)
  • GF Value™: €10.33 vs. price of €12.86 (24.5% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 308.1% above the Travel & Leisure median (#80 of 840)

No single metric tells the full story. See the FRA:7KB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kambi Group Business Description

Other Exchanges KAMBI:Sweden0EAW:UK
Address Avenue 77 Complex, Triq In Negozju, Zone 3, Central Business District, Birkirkara, MLT, 3010
Kambi Group PLC is a Malta-based company engaged in the provision of managed sports betting services. It is a business-to-consumer provider of sports betting services to licensed gaming operators. Its offerings include sportsbook platforms, odds feeds, trading services, bet-building tools, esports-related products, and front-end solutions. The company has offices in the United States, Sweden, the Philippines, Malta, Denmark, Romania, the United Kingdom, and Australia. Geographically, the maximum revenue is generated from the Americas. The majority of revenue is from contracts with customers for sports betting services.
86GF Score

Get the complete analysis for FRA:7KB

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

€12.86
Price
€10.33
GF Value