Voyageurs du MondeFRA:8Z4 +0.35%88 Altman Z-Score is 2.88 as of Jul. 06, 2026, which is 1% above its 10-year median of 2.85. GuruFocus rates FRA:8Z4 with a GF Score™ of 88/100 and a GF Value™ of €163.14. The stock has 2 warning signs investors should review. Among 839 Travel & Leisure companies, Voyageurs du Monde ranks better than 63.17% 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 2.88 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Voyageurs du Monde has a Altman Z-Score of 2.88, indicating it is in Grey Zones. This implies that Voyageurs du Monde is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Voyageurs du Monde's Altman Z-Score or its related term are showing as below:
FRA:8Z4'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.43 Med: 2.85 Max: 3.42
Current: 2.88
During the past 13 years, Voyageurs du Monde's highest Altman Z-Score was 3.42. The lowest was 1.43. And the median was 2.85.
Voyageurs du Monde (FRA:8Z4) 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.
Voyageurs du Monde Altman Z-Score Related Terms
Voyageurs du Monde Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Voyageurs du Monde'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:8Z4 vs BKNG, ABNB, RCL: Altman Z-Score Comparison
For the Travel Services subindustry, Voyageurs du Monde'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.
Voyageurs du Monde Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Voyageurs du Monde's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Voyageurs du Monde'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.
Voyageurs du Monde'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
*
0.1622
+
1.4
*
0.076
+
3.3
*
0.1066
+
0.6
*
1.6601
+
1.0
*
1.2319
=
2.88
* 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.
Voyageurs du Monde (FRA:8Z4) has a Altman Z-Score of 2.88 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Voyageurs du Monde and its competitors. This is near median its historical median of 2.85. Over the past decade, Voyageurs du Monde's Altman Z-Score has ranged from 1.43 to 3.42. According to the industry distribution chart, Voyageurs du Monde ranks #309 out of 839 companies in the Travel & Leisure industry, placing it in the top 36.8%.
Is Voyageurs du Monde's Altman Z-Score too high?
Voyageurs du Monde's current Altman Z-Score of 2.88 is near median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.42. The Travel & Leisure industry median Altman Z-Score is 2.00. Voyageurs du Monde's value of 2.88 is 44% above this industry median. Based on the distribution chart, Voyageurs du Monde ranks #309 out of 839 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Voyageurs du Monde has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Voyageurs du Monde's Altman Z-Score compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Voyageurs du Monde ranks #309 out of 839 companies for Altman Z-Score. This puts Voyageurs du Monde in the upper half of its industry. The industry median Altman Z-Score is 2.00. Voyageurs du Monde's value of 2.88 is 44% above this benchmark. Historically, Voyageurs du Monde's own Altman Z-Score has ranged from 1.43 to 3.42 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 2.00, Voyageurs du Monde 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 2.00, based on 839 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. Voyageurs du Monde's current Altman Z-Score of 2.88 is 44% 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 Voyageurs du Monde and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyageurs du Monde's current Altman Z-Score is 2.88, which is near median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyageurs du Monde stock overvalued right now?
Voyageurs du Monde (FRA:8Z4) has a current Altman Z-Score of 2.88. The stock's GF Value™ is €163.14, compared to a current price of €145.00 — trading 11.1% below its estimated fair value. The current Altman Z-Score is 2.88, which is near median its 10-year median of 2.85 and 44% above the Travel & Leisure industry median of 2.00. Voyageurs du Monde's overall GF Score™ is 88/100 with 2 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 Voyageurs du Monde (FRA:8Z4), the current Altman Z-Score is 2.88 as of Jul. 06, 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 Voyageurs du Monde (FRA:8Z4) Overvalued in 2026?
Based on GuruFocus' analysis, Voyageurs du Monde stock appears to be undervalued.
The current stock price of €145.00 is trading 11.1% below its estimated GF Value™ of €163.14.
Key valuation signals for FRA:8Z4:
Altman Z-Score: 2.88 (near median its 10-year median of 2.85)
GF Value™: €163.14 vs. price of €145.00 (11.1% below fair value)
Industry Position: 44% above the Travel & Leisure median (#309 of 839)
No single metric tells the full story. See the FRA:8Z4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voyageurs du Monde SA is engaged in providing travel services in France and internationally. It organizes individual personalized trips, honeymoons, family holidays, romantic weekend trips, world, and guided tours, cruise tours, and adventure and diving trips to Japan, Italy, Egypt, Australia, South Africa, Indonesia, the United States, Brazil, and Greece among other destinations.
88GF Score
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