Global E OnlineGLBE +5.91%79 Altman Z-Score is 9.72 as of Jun. 24, 2026, which is 30% below its 10-year median of 13.79. GuruFocus rates GLBE with a GF Score™ of 79/100 and a GF Value™ of $59.60 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,118 Retail - Cyclical companies, Global E Online ranks better than 91.06% 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 9.23 is strong.
Global E Online has a Altman Z-Score of 9.72, 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 Global E Online's Altman Z-Score or its related term are showing as below:
GLBE'
s Altman Z-Score Range Over the Past 10 Years
Min: 8.12 Med: 13.79 Max: 73.81
Current: 9.23
During the past 8 years, Global E Online's highest Altman Z-Score was 73.81. The lowest was 8.12. And the median was 13.79.
Global E Online (NAS:GLBE) 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.
Global E Online Altman Z-Score Related Terms
Global E Online Altman Z-Score Historical Data
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The historical data trend for Global E Online'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.
GLBE vs ETSY, VIPS, RVLV: Altman Z-Score Comparison
For the Internet Retail subindustry, Global E Online'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.
Global E Online Altman Z-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Global E Online's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Global E Online'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.
Global E Online'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
*
0.3552
+
1.4
*
-0.4341
+
3.3
*
0.0959
+
0.6
*
14.6651
+
1.0
*
0.7872
=
9.72
* 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.
Global E Online (GLBE) has a Altman Z-Score of 9.72 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Global E Online and its competitors. This is 30% below median its historical median of 13.79. Over the past decade, Global E Online's Altman Z-Score has ranged from 8.12 to 73.81. According to the industry distribution chart, Global E Online ranks #100 out of 1118 companies in the Retail - Cyclical industry, placing it in the top 8.9%.
Is Global E Online's Altman Z-Score too high?
Global E Online's current Altman Z-Score of 9.72 is 30% below median its 10-year median of 13.79. Over the past 10 years, this metric has ranged from a low of 8.12 to a high of 73.81. The Retail - Cyclical industry median Altman Z-Score is 2.73. Global E Online's value of 9.72 is 256% above this industry median. Based on the distribution chart, Global E Online ranks #100 out of 1118 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Global E Online has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global E Online's Altman Z-Score compare to ETSY and VIPS?
According to the Retail - Cyclical industry distribution chart, Global E Online ranks #100 out of 1118 companies for Altman Z-Score. This places Global E Online in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.73. Global E Online's value of 9.72 is 256% above this benchmark. Historically, Global E Online's own Altman Z-Score has ranged from 8.12 to 73.81 over the past decade. While the company's 10-year median is 13.79 vs. the industry median of 2.73, Global E Online 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.73, based on 1,118 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. Global E Online's current Altman Z-Score of 9.72 is 256% 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 Global E Online and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global E Online's current Altman Z-Score is 9.72, which is 30% below median its own 10-year median of 13.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global E Online stock overvalued right now?
Based on GuruFocus' analysis, Global E Online (GLBE) is currently considered Significantly Undervalued. The stock's GF Value™ is $59.60, compared to a current price of $34.01 — trading 42.9% below its estimated fair value. The current Altman Z-Score is 9.72, which is 30% below median its 10-year median of 13.79 and 256% above the Retail - Cyclical industry median of 2.73. Global E Online's overall GF Score™ is 79/100 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 Global E Online (GLBE), the current Altman Z-Score is 9.72 as of Jun. 24, 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 Global E Online (GLBE) Overvalued in 2026?
Based on GuruFocus' analysis, Global E Online stock appears to be undervalued.
The current stock price of $34.01 is trading 42.9% below its estimated GF Value™ of $59.60.
GuruFocus considers Global E Online to be Significantly Undervalued.
Key valuation signals for GLBE:
Altman Z-Score: 9.72 (30% below median its 10-year median of 13.79)
GF Value™: $59.60 vs. price of $34.01 (42.9% below fair value)
Industry Position: 256% above the Retail - Cyclical median (#100 of 1118)
No single metric tells the full story. See the GLBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global E Online Ltd provides e-commerce solutions. The company offers a platform to enable and accelerate direct-to-consumer cross-border e-commerce. The platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from, and to, anywhere in the world. The company localizes the shopper experience to make international transactions as seamless as domestic ones. The platform increases the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce. The company derives maximum revenue from the United States.
79GF Score
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