Hollywood Bowl Group (LSE:BOWL) Altman Z-Score: 2.46 (As of Jul. 05, 2026) — 11% Below Median


LSE:BOWL Hollywood Bowl Group PLC LSE:BOWL
93 GF Score
Price £2.82
GF Value £3.35
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hollywood Bowl Group Altman Z-Score?

Hollywood Bowl Group LSE:BOWL -0.18% 93 Altman Z-Score is 2.46 as of Jul. 05, 2026, which is 11% below its 10-year median of 2.75. GuruFocus rates LSE:BOWL with a GF Score™ of 93/100 and a GF Value™ of £3.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 839 Travel & Leisure companies, Hollywood Bowl Group ranks better than 57.93% 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 2.46 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.

Hollywood Bowl Group has a Altman Z-Score of 2.46, indicating it is in Grey Zones. This implies that Hollywood Bowl Group 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 Hollywood Bowl Group's Altman Z-Score or its related term are showing as below:

LSE:BOWL' s Altman Z-Score Range Over the Past 10 Years
Min: 1.49   Med: 2.75   Max: 6.38
Current: 2.46

During the past 13 years, Hollywood Bowl Group's highest Altman Z-Score was 6.38. The lowest was 1.49. And the median was 2.75.


Hollywood Bowl Group  (LSE:BOWL) 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.


Hollywood Bowl Group Altman Z-Score Related Terms


Hollywood Bowl Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hollywood Bowl 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.

Hollywood Bowl Group Altman Z-Score Chart

Hollywood Bowl Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 2.54 2.76 2.73 2.36

Hollywood Bowl Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 2.73 0.00 2.36 0.00

LSE:BOWL vs AS, HAS, LTH: Altman Z-Score Comparison

For the Leisure subindustry, Hollywood Bowl 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.


Hollywood Bowl Group Altman Z-Score vs Travel & Leisure Industry

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

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


LSE:BOWL
93GF Score
Hollywood Bowl Group PLC LSE:BOWL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hollywood Bowl 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.

Hollywood Bowl 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*-0.0446+1.4*0.3693+3.3*0.1344+0.6*1.639+1.0*0.5707
=2.46

* 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 Sep. 2025:
Total Assets was £439.2 Mil.
Total Current Assets was £30.6 Mil.
Total Current Liabilities was £50.2 Mil.
Retained Earnings was £162.2 Mil.
Pre-Tax Income was £44.3 Mil.
Interest Expense was £-14.8 Mil.
Revenue was £250.7 Mil.
Market Cap (Today) was £471.9 Mil.
Total Liabilities was £287.9 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
=(30.583 - 50.194)/439.222
=-0.0446

X2=Retained Earnings/Total Assets
=162.193/439.222
=0.3693

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(44.284 - -14.767)/439.222
=0.1344

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=471.925/287.934
=1.639

X5=Revenue/Total Assets
=250.662/439.222
=0.5707

The zones of discrimination were as such:

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

Hollywood Bowl Group has a Altman Z-Score of 2.46 indicating it is in Grey 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 2.46 mean?
Hollywood Bowl Group (LSE:BOWL) has a Altman Z-Score of 2.46 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hollywood Bowl Group and its competitors. This is 11% below median its historical median of 2.75. Over the past decade, Hollywood Bowl Group's Altman Z-Score has ranged from 1.49 to 6.38. According to the industry distribution chart, Hollywood Bowl Group ranks #353 out of 839 companies in the Travel & Leisure industry, placing it in the top 42.1%.
Is Hollywood Bowl Group's Altman Z-Score too high?
Hollywood Bowl Group's current Altman Z-Score of 2.46 is 11% below median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 6.38. The Travel & Leisure industry median Altman Z-Score is 2.02. Hollywood Bowl Group's value of 2.46 is 21.8% above this industry median. Based on the distribution chart, Hollywood Bowl Group ranks #353 out of 839 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Hollywood Bowl Group has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hollywood Bowl Group's Altman Z-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Hollywood Bowl Group ranks #353 out of 839 companies for Altman Z-Score. This puts Hollywood Bowl Group in the upper half of its industry. The industry median Altman Z-Score is 2.02. Hollywood Bowl Group's value of 2.46 is 21.8% above this benchmark. Historically, Hollywood Bowl Group's own Altman Z-Score has ranged from 1.49 to 6.38 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 2.02, Hollywood Bowl 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 2.02, 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. Hollywood Bowl Group's current Altman Z-Score of 2.46 is 21.8% 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 Hollywood Bowl Group and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hollywood Bowl Group's current Altman Z-Score is 2.46, which is 11% below median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hollywood Bowl Group stock overvalued right now?
Based on GuruFocus' analysis, Hollywood Bowl Group (LSE:BOWL) is currently considered Modestly Undervalued. The stock's GF Value™ is £3.35, compared to a current price of £2.82 — trading 16% below its estimated fair value. The current Altman Z-Score is 2.46, which is 11% below median its 10-year median of 2.75 and 21.8% above the Travel & Leisure industry median of 2.02. Hollywood Bowl Group's overall GF Score™ is 93/100 with 6 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 Hollywood Bowl Group (LSE:BOWL), the current Altman Z-Score is 2.46 as of Jul. 05, 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 Hollywood Bowl Group (LSE:BOWL) Overvalued in 2026?

Based on GuruFocus' analysis, Hollywood Bowl Group stock appears to be undervalued. The current stock price of £2.82 is trading 16% below its estimated GF Value™ of £3.35. GuruFocus considers Hollywood Bowl Group to be Modestly Undervalued.

Key valuation signals for LSE:BOWL:

  • Altman Z-Score: 2.46 (11% below median its 10-year median of 2.75)
  • GF Value™: £3.35 vs. price of £2.82 (16% below fair value)
  • GF Score™: 93/100 with 6 warning signs
  • Industry Position: 21.8% above the Travel & Leisure median (#353 of 839)

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


Hollywood Bowl Group Business Description

Other Exchanges BOWLl:UK2H4:Germany
Address Cleveland Road, Focus 31, West Wing, Hemel Hempstead Industrial Estate, Hemel Hempstead, Hertfordshire, GBR, HP2 7BW
Hollywood Bowl Group PLC is principally engaged in operating ten-pin bowling and mini-golf centres, supplying and installing bowling equipment, and developing new centres and related activities. The company operates brands including Hollywood Bowl, Splitsville, and Puttstars, with activities focused on leisure and entertainment venues offering bowling and mini-golf. It has two operating segments: i) the provision of ten-pin bowling and mini-golf centres in the United Kingdom, and ii) the provision of ten-pin bowling and mini-golf centres and the installation of bowling equipment in Canada. The majority of revenue is generated from the UK segment from the provision of activities like Bowling, Food and drink, Amusements and Others.
93GF Score

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

£2.82
Price
£3.35
GF Value