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Willis Lease FinanceFRA:WIJ +1.75%89 Altman Z-Score is 1.20 as of Jul. 25, 2026, which is 60% above its 10-year median of 0.75. GuruFocus rates FRA:WIJ with a GF Score™ of 89/100 and a GF Value™ of €40.82 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,061 Business Services companies, Willis Lease Finance ranks worse than 80.21% 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 1.2 is in distress zone. This implies bankruptcy possibility in the next two years.
Willis Lease Finance has a Altman Z-Score of 1.20, 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 Willis Lease Finance's Altman Z-Score or its related term are showing as below:
FRA:WIJ'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.55 Med: 0.75 Max: 1.2
Current: 1.2
During the past 13 years, Willis Lease Finance's highest Altman Z-Score was 1.20. The lowest was 0.55. And the median was 0.75.
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.
Willis Lease Finance Altman Z-Score Related Terms
Willis Lease Finance Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Willis Lease Finance'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:WIJ vs PRG, VSTS, CTOS: Altman Z-Score Comparison
For the Rental & Leasing Services subindustry, Willis Lease Finance'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.
Willis Lease Finance Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Willis Lease Finance's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Willis Lease Finance'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.
Willis Lease Finance'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
*
0.0829
+
1.4
*
0.1744
+
3.3
*
0.0865
+
0.6
*
0.5964
+
1.0
*
0.2174
=
1.20
* 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.
Willis Lease Finance (FRA:WIJ) has a Altman Z-Score of 1.20 as of Jul. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Willis Lease Finance and its competitors. This is 60% above median its historical median of 0.75. Over the past decade, Willis Lease Finance's Altman Z-Score has ranged from 0.55 to 1.20. According to the industry distribution chart, Willis Lease Finance ranks #851 out of 1061 companies in the Business Services industry, placing it in the top 80.2%.
Is Willis Lease Finance's Altman Z-Score too high?
Willis Lease Finance's current Altman Z-Score of 1.20 is 60% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.20. The Business Services industry median Altman Z-Score is 2.96. Willis Lease Finance's value of 1.20 is 59.5% below this industry median. Based on the distribution chart, Willis Lease Finance ranks #851 out of 1061 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Willis Lease Finance has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Willis Lease Finance's Altman Z-Score compare to PRG and VSTS?
According to the Business Services industry distribution chart, Willis Lease Finance ranks #851 out of 1061 companies for Altman Z-Score. This places Willis Lease Finance in the lower half of its industry. The industry median Altman Z-Score is 2.96. Willis Lease Finance's value of 1.20 is 59.5% below this benchmark. Historically, Willis Lease Finance's own Altman Z-Score has ranged from 0.55 to 1.20 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 2.96, Willis Lease Finance 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.96, based on 1,061 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. Willis Lease Finance's current Altman Z-Score of 1.20 is 59.5% 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 Willis Lease Finance and its competitors. For the Business Services industry, the median Altman Z-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Willis Lease Finance's current Altman Z-Score is 1.20, which is 60% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Willis Lease Finance stock overvalued right now?
Based on GuruFocus' analysis, Willis Lease Finance (FRA:WIJ) is currently considered Significantly Overvalued. The stock's GF Value™ is €40.82, compared to a current price of €58.00 — trading 42.1% above its estimated fair value. The current Altman Z-Score is 1.20, which is 60% above median its 10-year median of 0.75 and 59.5% below the Business Services industry median of 2.96. Willis Lease Finance's overall GF Score™ is 89/100 with 9 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 Willis Lease Finance (FRA:WIJ), the current Altman Z-Score is 1.20 as of Jul. 25, 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 Willis Lease Finance (FRA:WIJ) Overvalued in 2026?
Based on GuruFocus' analysis, Willis Lease Finance stock appears to be overvalued.
The current stock price of €58.00 is trading 42.1% above its estimated GF Value™ of €40.82.
GuruFocus considers Willis Lease Finance to be Significantly Overvalued.
Key valuation signals for FRA:WIJ:
Altman Z-Score: 1.20 (60% above median its 10-year median of 0.75)
GF Value™: €40.82 vs. price of €58.00 (42.1% above fair value)
Industry Position: 59.5% below the Business Services median (#851 of 1061)
No single metric tells the full story. See the FRA:WIJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Willis Lease Finance Corp, with its subsidiaries, is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments, which include Leasing and Related Operations and Spare Parts Sales. A majority of its revenue is generated from the Leasing and Related Operations segment, which involves acquiring and leasing, under operating leases, commercial aircraft, aircraft engines, and other aircraft equipment and the selective purchase and resale of commercial aircraft engines, aircraft equipment, and other related businesses. Geographically, the company derives maximum Lease rent revenue from the United States, followed by Europe, Asia-Pacific (excluding India), India, South America, Canada, Central America, and the Middle East.
89GF Score
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