NEXN (Nexxen International) Altman Z-Score: 2.16 (As of Jun. 27, 2026) — 15% Below Median


NEXN Nexxen International Ltd NEXN
89 GF Score
Price $8.65
GF Value $12.15
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Nexxen International Altman Z-Score?

Nexxen International NEXN +2.12% 89 Altman Z-Score is 2.16 as of Jun. 27, 2026, which is 15% below its 10-year median of 2.53. GuruFocus rates NEXN with a GF Score™ of 89/100 and a GF Value™ of $12.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,020 Media - Diversified companies, Nexxen International ranks better than 53.04% 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 2.16 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.

Nexxen International has a Altman Z-Score of 2.16, indicating it is in Grey Zones. This implies that Nexxen International 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 Nexxen International's Altman Z-Score or its related term are showing as below:

NEXN' s Altman Z-Score Range Over the Past 10 Years
Min: 0.71   Med: 2.53   Max: 5.65
Current: 2.16

During the past 13 years, Nexxen International's highest Altman Z-Score was 5.65. The lowest was 0.71. And the median was 2.53.


Nexxen International  (NAS:NEXN) 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.


Nexxen International Altman Z-Score Related Terms


Nexxen International Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Nexxen International'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.

Nexxen International Altman Z-Score Chart

Nexxen International 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 4.44 1.66 2.53 2.36 1.92

Nexxen International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.51 2.77 2.32 1.92 1.90

NEXN vs ADV, NCMI, TC: Altman Z-Score Comparison

For the Advertising Agencies subindustry, Nexxen International'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.


Nexxen International Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexxen International's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Nexxen International's Altman Z-Score falls into.


NEXN
89GF Score
Nexxen International Ltd NEXN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexxen International 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.

Nexxen International'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*0.085+1.4*0.2572+3.3*0.0407+0.6*1.7681+1.0*0.5049
=2.16

* 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 Mar. 2026:
Total Assets was $739.4 Mil.
Total Current Assets was $318.1 Mil.
Total Current Liabilities was $255.3 Mil.
Retained Earnings was $190.2 Mil.
Pre-Tax Income was -5.215 + 13.984 + 8.663 + 10.103 = $27.5 Mil.
Interest Expense was -1.075 + -0.364 + -0.554 + -0.572 = $-2.6 Mil.
Revenue was 86.842 + 100.711 + 94.791 + 90.948 = $373.3 Mil.
Market Cap (Today) was $482.0 Mil.
Total Liabilities was $272.6 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
=(318.128 - 255.257)/739.351
=0.085

X2=Retained Earnings/Total Assets
=190.174/739.351
=0.2572

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(27.535 - -2.565)/739.351
=0.0407

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=481.985/272.601
=1.7681

X5=Revenue/Total Assets
=373.292/739.351
=0.5049

The zones of discrimination were as such:

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

Nexxen International has a Altman Z-Score of 2.16 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 2.16 mean?
Nexxen International (NEXN) has a Altman Z-Score of 2.16 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nexxen International and its competitors. This is 15% below median its historical median of 2.53. Over the past decade, Nexxen International's Altman Z-Score has ranged from 0.71 to 5.65. According to the industry distribution chart, Nexxen International ranks #479 out of 1020 companies in the Media - Diversified industry, placing it in the top 47%.
Is Nexxen International's Altman Z-Score too high?
Nexxen International's current Altman Z-Score of 2.16 is 15% below median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 5.65. The Media - Diversified industry median Altman Z-Score is 1.98. Nexxen International's value of 2.16 is 9.4% above this industry median. Based on the distribution chart, Nexxen International ranks #479 out of 1020 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Nexxen International has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexxen International's Altman Z-Score compare to ADV and NCMI?
According to the Media - Diversified industry distribution chart, Nexxen International ranks #479 out of 1020 companies for Altman Z-Score. This puts Nexxen International in the upper half of its industry. The industry median Altman Z-Score is 1.98. Nexxen International's value of 2.16 is 9.4% above this benchmark. Historically, Nexxen International's own Altman Z-Score has ranged from 0.71 to 5.65 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 1.98, Nexxen International 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.98, based on 1,020 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. Nexxen International's current Altman Z-Score of 2.16 is 9.4% 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 Nexxen International and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexxen International's current Altman Z-Score is 2.16, which is 15% below median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexxen International stock overvalued right now?
Based on GuruFocus' analysis, Nexxen International (NEXN) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.15, compared to a current price of $8.65 — trading 28.8% below its estimated fair value. The current Altman Z-Score is 2.16, which is 15% below median its 10-year median of 2.53 and 9.4% above the Media - Diversified industry median of 1.98. Nexxen International's overall GF Score™ is 89/100 with 4 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 Nexxen International (NEXN), the current Altman Z-Score is 2.16 as of Jun. 27, 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 Nexxen International (NEXN) Overvalued in 2026?

Based on GuruFocus' analysis, Nexxen International stock appears to be undervalued. The current stock price of $8.65 is trading 28.8% below its estimated GF Value™ of $12.15. GuruFocus considers Nexxen International to be Modestly Undervalued.

Key valuation signals for NEXN:

  • Altman Z-Score: 2.16 (15% below median its 10-year median of 2.53)
  • GF Value™: $12.15 vs. price of $8.65 (28.8% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 9.4% above the Media - Diversified median (#479 of 1020)

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


Nexxen International Business Description

Address 82 Yigal Alon Street, 13th Floor, Tel Aviv, ISR, 6789124
Nexxen International Ltd is a globalized and flexible advertising technology platform with deep expertise in data and TV that helps empower advertisers, agencies, digital publishers, broadcasters, and others. The Digital Advertising Ecosystem of the company includes demand-side platform (DSP), supply-side platform (SSP), ad server, and data management platform (DMP) and also delivers a flexible and unified technology stack with and exclusive data at its core. The company operates in America, APAC, EMEA, and Rest of America, with majority revenue from United States.
89GF Score

Get the complete analysis for NEXN

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

$8.65
Price
$12.15
GF Value