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 4.03 is strong.
Currency Exchange International has a Altman Z-Score of 4.08, 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 Currency Exchange International's Altman Z-Score or its related term are showing as below:
FRA:8YN'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.69 Med: 3.41 Max: 12.66
Current: 4.03
During the past 13 years, Currency Exchange International's highest Altman Z-Score was 12.66. The lowest was 1.69. And the median was 3.41.
Currency Exchange International (FRA:8YN) 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.
Currency Exchange International Altman Z-Score Chart
FRA:8YN vs BRR, WTF, BMHL: Altman Z-Score Comparison
For the Capital Markets subindustry, Currency Exchange International'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.
Currency Exchange International Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Currency Exchange International's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Currency Exchange International's Altman Z-Score falls into.
Currency Exchange International 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.
Currency Exchange International (FRA:8YN) has a Altman Z-Score of 4.08 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Currency Exchange International and its competitors. This is 20% above median its historical median of 3.41. Over the past decade, Currency Exchange International's Altman Z-Score has ranged from 1.69 to 12.66. According to the industry distribution chart, Currency Exchange International ranks #237 out of 661 companies in the Capital Markets industry, placing it in the top 35.9%.
Is Currency Exchange International's Altman Z-Score too high?
Currency Exchange International's current Altman Z-Score of 4.08 is 20% above median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 12.66. The Capital Markets industry median Altman Z-Score is 2.55. Currency Exchange International's value of 4.08 is 60% above this industry median. Based on the distribution chart, Currency Exchange International ranks #237 out of 661 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Currency Exchange International has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Currency Exchange International's Altman Z-Score compare to BRR and WTF?
According to the Capital Markets industry distribution chart, Currency Exchange International ranks #237 out of 661 companies for Altman Z-Score. This puts Currency Exchange International in the upper half of its industry. The industry median Altman Z-Score is 2.55. Currency Exchange International's value of 4.08 is 60% above this benchmark. Historically, Currency Exchange International's own Altman Z-Score has ranged from 1.69 to 12.66 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 2.55, Currency Exchange International 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 Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.55, based on 661 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. Currency Exchange International's current Altman Z-Score of 4.08 is 60% 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 Currency Exchange International and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Currency Exchange International's current Altman Z-Score is 4.08, which is 20% above median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Currency Exchange International stock overvalued right now?
Currency Exchange International (FRA:8YN) has a current Altman Z-Score of 4.08. The stock's GF Value™ is €16.07, compared to a current price of €18.50 — trading 15.1% above its estimated fair value. The current Altman Z-Score is 4.08, which is 20% above median its 10-year median of 3.41 and 60% above the Capital Markets industry median of 2.55. Currency Exchange International's overall GF Score™ is 80/100 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 Currency Exchange International (FRA:8YN), the current Altman Z-Score is 4.08 as of Jun. 30, 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 Currency Exchange International (FRA:8YN) Overvalued in 2026?
Based on GuruFocus' analysis, Currency Exchange International stock appears to be overvalued.
The current stock price of €18.50 is trading 15.1% above its estimated GF Value™ of €16.07.
Key valuation signals for FRA:8YN:
Altman Z-Score: 4.08 (20% above median its 10-year median of 3.41)
GF Value™: €16.07 vs. price of €18.50 (15.1% above fair value)
Industry Position: 60% above the Capital Markets median (#237 of 661)
No single metric tells the full story. See the FRA:8YN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Currency Exchange International Business Description
Currency Exchange International Corp operates as a money services and payments business, providing currency exchange, wire transfer, and cheque-cashing services at its locations in the United States. The Company has determined that it has three operating segments within its continuing operations: CXI Wholesale Banknotes, CXI Payments, and CXI Direct-to-Consumer. The Company earns maximum revenue from wholesale banknotes.
80GF Score
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