London Stock Exchange Group (MEX:LSEN) Altman Z-Score: 0.05 (As of Jun. 24, 2026) — 25% Above Median


MEX:LSEN London Stock Exchange Group PLC MEX:LSEN
78 GF Score
Price MXN1,939.00
GF Value MXN2,536.64
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is London Stock Exchange Group Altman Z-Score?

London Stock Exchange Group MEX:LSEN 78 Altman Z-Score is 0.05 as of Jun. 24, 2026, which is 25% above its 10-year median of 0.04. GuruFocus rates MEX:LSEN with a GF Score™ of 78/100 and a GF Value™ of MXN2,536.64 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 658 Capital Markets companies, London Stock Exchange Group ranks worse than 89.67% 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 0.06 is in distress zone. This implies bankruptcy possibility in the next two years.

London Stock Exchange Group has a Altman Z-Score of 0.05, 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 London Stock Exchange Group's Altman Z-Score or its related term are showing as below:

MEX:LSEN' s Altman Z-Score Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.08
Current: 0.06

During the past 13 years, London Stock Exchange Group's highest Altman Z-Score was 0.08. The lowest was 0.02. And the median was 0.04.


London Stock Exchange Group  (MEX:LSEN) 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.


London Stock Exchange Group Altman Z-Score Related Terms


London Stock Exchange Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for London Stock Exchange 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.

London Stock Exchange Group Altman Z-Score Chart

London Stock Exchange Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.06 0.08 0.06

London Stock Exchange Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.06 0.00 0.08 0.00 0.06

MEX:LSEN vs SPGI, CME, ICE: Altman Z-Score Comparison

For the Financial Data & Stock Exchanges subindustry, London Stock Exchange 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.


London Stock Exchange Group Altman Z-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, London Stock Exchange Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where London Stock Exchange Group's Altman Z-Score falls into.


MEX:LSEN
78GF Score
London Stock Exchange Group PLC MEX:LSEN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

London Stock Exchange 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.

London Stock Exchange 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*0.0001+1.4*0.0018+3.3*0.0029+0.6*0.0502+1.0*0.0117
=0.05

* 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 Dec. 2025:
Total Assets was MXN19,203,766 Mil.
Total Current Assets was MXN18,405,104 Mil.
Total Current Liabilities was MXN18,403,778 Mil.
Retained Earnings was MXN33,722 Mil.
Pre-Tax Income was MXN47,461 Mil.
Interest Expense was MXN-7,810 Mil.
Revenue was MXN225,276 Mil.
Market Cap (Today) was MXN937,614 Mil.
Total Liabilities was MXN18,669,428 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
=(18405103.546 - 18403777.825)/19203766.014
=0.0001

X2=Retained Earnings/Total Assets
=33721.518/19203766.014
=0.0018

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(47460.808 - -7809.701)/19203766.014
=0.0029

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=937613.995/18669428.186
=0.0502

X5=Revenue/Total Assets
=225276.134/19203766.014
=0.0117

The zones of discrimination were as such:

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

London Stock Exchange Group has a Altman Z-Score of 0.05 indicating it is in Distress 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 0.05 mean?
London Stock Exchange Group (MEX:LSEN) has a Altman Z-Score of 0.05 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on London Stock Exchange Group and its competitors. This is 25% above median its historical median of 0.04. Over the past decade, London Stock Exchange Group's Altman Z-Score has ranged from 0.02 to 0.08. According to the industry distribution chart, London Stock Exchange Group ranks #590 out of 658 companies in the Capital Markets industry, placing it in the top 89.7%.
Is London Stock Exchange Group's Altman Z-Score too high?
London Stock Exchange Group's current Altman Z-Score of 0.05 is 25% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.08. The Capital Markets industry median Altman Z-Score is 2.58. London Stock Exchange Group's value of 0.05 is 98.1% below this industry median. Based on the distribution chart, London Stock Exchange Group ranks #590 out of 658 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, London Stock Exchange Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London Stock Exchange Group's Altman Z-Score compare to SPGI and CME?
According to the Capital Markets industry distribution chart, London Stock Exchange Group ranks #590 out of 658 companies for Altman Z-Score. This places London Stock Exchange Group in the lower half of its industry. The industry median Altman Z-Score is 2.58. London Stock Exchange Group's value of 0.05 is 98.1% below this benchmark. Historically, London Stock Exchange Group's own Altman Z-Score has ranged from 0.02 to 0.08 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 2.58, London Stock Exchange 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 Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.58, based on 658 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. London Stock Exchange Group's current Altman Z-Score of 0.05 is 98.1% 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 London Stock Exchange Group and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London Stock Exchange Group's current Altman Z-Score is 0.05, which is 25% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London Stock Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, London Stock Exchange Group (MEX:LSEN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN2,536.64, compared to a current price of MXN1,939.00 — trading 23.6% below its estimated fair value. The current Altman Z-Score is 0.05, which is 25% above median its 10-year median of 0.04 and 98.1% below the Capital Markets industry median of 2.58. London Stock Exchange Group's overall GF Score™ is 78/100 with 5 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 London Stock Exchange Group (MEX:LSEN), the current Altman Z-Score is 0.05 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 London Stock Exchange Group (MEX:LSEN) Overvalued in 2026?

Based on GuruFocus' analysis, London Stock Exchange Group stock appears to be undervalued. The current stock price of MXN1,939.00 is trading 23.6% below its estimated GF Value™ of MXN2,536.64. GuruFocus considers London Stock Exchange Group to be Modestly Undervalued.

Key valuation signals for MEX:LSEN:

  • Altman Z-Score: 0.05 (25% above median its 10-year median of 0.04)
  • GF Value™: MXN2,536.64 vs. price of MXN1,939.00 (23.6% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 98.1% below the Capital Markets median (#590 of 658)

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


London Stock Exchange Group Business Description

Address 10 Paternoster Square, London, GBR, EC4M 7LS
London Stock Exchange Group is a fully integrated financial exchange company covering the financial market value chain from primary and secondary markets across multiple asset classes over data, index, and analytics down to clearing and post-trading reporting. With the acquisition of Refinitiv, LSEG generates about two-thirds of its revenue from data and analytics including its FTSE Russell and WM/Refinitiv benchmarks as well as data feeds and terminals. The group is also a majority shareholder in Tradeweb, one of the dominant global fixed-income trading venues, as well as LCH, the largest clearinghouse for over-the-counter swaps globally.
78GF Score

Get the complete analysis for MEX:LSEN

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

MXN1,939.00
Price
MXN2,536.64
GF Value