Tribal GroupLSE:TRB -1.02%57 Altman Z-Score is 2.75 as of Jul. 03, 2026, which is 4% above its 10-year median of 2.65. GuruFocus rates LSE:TRB with a GF Score™ of 57/100 and a GF Value™ of £0.51 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,766 Software companies, Tribal Group ranks worse than 53.4% 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 2.81 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.
Tribal Group has a Altman Z-Score of 2.75, indicating it is in Grey Zones. This implies that Tribal 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 Tribal Group's Altman Z-Score or its related term are showing as below:
LSE:TRB'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.59 Med: 2.65 Max: 3.27
Current: 2.81
During the past 13 years, Tribal Group's highest Altman Z-Score was 3.27. The lowest was 1.59. And the median was 2.65.
Tribal Group (LSE:TRB) 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.
Tribal Group Altman Z-Score Related Terms
Tribal Group Altman Z-Score Historical Data
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The historical data trend for Tribal 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.
LSE:TRB vs UBER, SHOP, CRM: Altman Z-Score Comparison
For the Software - Application subindustry, Tribal 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.
Tribal Group Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Tribal Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Tribal Group'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.
Tribal 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
*
-0.212
+
1.4
*
0.1749
+
3.3
*
0.1208
+
0.6
*
2.5173
+
1.0
*
0.8465
=
2.75
* 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.
Tribal Group (LSE:TRB) has a Altman Z-Score of 2.75 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tribal Group and its competitors. This is near median its historical median of 2.65. Over the past decade, Tribal Group's Altman Z-Score has ranged from 1.59 to 3.27. According to the industry distribution chart, Tribal Group ranks #1477 out of 2766 companies in the Software industry, placing it in the top 53.4%.
Is Tribal Group's Altman Z-Score too high?
Tribal Group's current Altman Z-Score of 2.75 is near median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 3.27. The Software industry median Altman Z-Score is 3.11. Tribal Group's value of 2.75 is 11.6% below this industry median. Based on the distribution chart, Tribal Group ranks #1477 out of 2766 companies in the Software industry, which is below the industry midpoint. Overall, Tribal Group has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tribal Group's Altman Z-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Tribal Group ranks #1477 out of 2766 companies for Altman Z-Score. This places Tribal Group in the lower half of its industry. The industry median Altman Z-Score is 3.11. Tribal Group's value of 2.75 is 11.6% below this benchmark. Historically, Tribal Group's own Altman Z-Score has ranged from 1.59 to 3.27 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 3.11, Tribal Group 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 Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,766 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. Tribal Group's current Altman Z-Score of 2.75 is 11.6% 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 Tribal Group and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tribal Group's current Altman Z-Score is 2.75, which is near median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tribal Group stock overvalued right now?
Based on GuruFocus' analysis, Tribal Group (LSE:TRB) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.51, compared to a current price of £0.58 — trading 13.7% above its estimated fair value. The current Altman Z-Score is 2.75, which is near median its 10-year median of 2.65 and 11.6% below the Software industry median of 3.11. Tribal Group's overall GF Score™ is 57/100 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 Tribal Group (LSE:TRB), the current Altman Z-Score is 2.75 as of Jul. 03, 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 Tribal Group (LSE:TRB) Overvalued in 2026?
Based on GuruFocus' analysis, Tribal Group stock appears to be overvalued.
The current stock price of £0.58 is trading 13.7% above its estimated GF Value™ of £0.51.
GuruFocus considers Tribal Group to be Modestly Overvalued.
Key valuation signals for LSE:TRB:
Altman Z-Score: 2.75 (near median its 10-year median of 2.65)
GF Value™: £0.51 vs. price of £0.58 (13.7% above fair value)
Industry Position: 11.6% below the Software median (#1477 of 2766)
No single metric tells the full story. See the LSE:TRB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tribal Group PLC is a provider of education software and services for international education, learning, and training markets. It has two business segments. The Student Information Systems (SIS) segment represents the delivery of software and subsequent maintenance and support services and the activities through which it deploys and configures software for its customers; and the Etio segment represents inspection and review services that support the assessment of educational delivery, and a portfolio of performance improvement tools and services, including analytics, software solutions, and asset management. The company generates maximum revenue from the SIS segment. Geographically, it operates in the UK, Australia, other APAC, North America, and the rest of the world.
57GF Score
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