SRAD (Sportradar Group AG) Altman Z-Score: 2.16 (As of Jul. 06, 2026) — 33% Below Median


SRAD Sportradar Group AG SRAD
83 GF Score
Price $15.56
GF Value $21.83
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Sportradar Group AG Altman Z-Score?

Sportradar Group AG SRAD +3.66% 83 Altman Z-Score is 2.16 as of Jul. 06, 2026, which is 33% below its 10-year median of 3.20. GuruFocus rates SRAD with a GF Score™ of 83/100 and a GF Value™ of $21.83 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,759 Software companies, Sportradar Group AG ranks worse than 63.47% 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 2.11 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.

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

SRAD' s Altman Z-Score Range Over the Past 10 Years
Min: 1.98   Med: 3.2   Max: 4.4
Current: 2.11

During the past 7 years, Sportradar Group AG's highest Altman Z-Score was 4.40. The lowest was 1.98. And the median was 3.20.


Sportradar Group AG  (NAS:SRAD) 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.


Sportradar Group AG Altman Z-Score Related Terms


Sportradar Group AG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sportradar Group AG'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.

Sportradar Group AG Altman Z-Score Chart

Sportradar Group AG Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 3.59 3.51 1.98 3.05 2.78

Sportradar Group AG 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 3.20 4.00 3.83 2.78 2.26

SRAD vs OCTV, DAVE, KVYO: Altman Z-Score Comparison

For the Software - Application subindustry, Sportradar Group AG'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.


Sportradar Group AG Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Sportradar Group AG's Altman Z-Score distribution charts can be found below:

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


SRAD
83GF Score
Sportradar Group AG SRAD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sportradar Group AG 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.

Sportradar Group AG'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*0.0125+1.4*0.1153+3.3*0.0633+0.6*2.1476+1.0*0.4846
=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 $3,182 Mil.
Total Current Assets was $737 Mil.
Total Current Liabilities was $697 Mil.
Retained Earnings was $367 Mil.
Pre-Tax Income was -5.625 + -1.386 + 34.209 + 70.882 = $98 Mil.
Interest Expense was -28.118 + -26.882 + -23.914 + -24.384 = $-103 Mil.
Revenue was 400.599 + 431.956 + 342.786 + 366.54 = $1,542 Mil.
Market Cap (Today) was $4,603 Mil.
Total Liabilities was $2,143 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
=(737.005 - 697.245)/3181.64
=0.0125

X2=Retained Earnings/Total Assets
=366.689/3181.64
=0.1153

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(98.08 - -103.298)/3181.64
=0.0633

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4602.923/2143.291
=2.1476

X5=Revenue/Total Assets
=1541.881/3181.64
=0.4846

The zones of discrimination were as such:

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

Sportradar Group AG 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?
Sportradar Group AG (SRAD) has a Altman Z-Score of 2.16 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sportradar Group AG and its competitors. This is 33% below median its historical median of 3.20. Over the past decade, Sportradar Group AG's Altman Z-Score has ranged from 1.98 to 4.40. According to the industry distribution chart, Sportradar Group AG ranks #1751 out of 2759 companies in the Software industry, placing it in the top 63.5%.
Is Sportradar Group AG's Altman Z-Score too high?
Sportradar Group AG's current Altman Z-Score of 2.16 is 33% below median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 4.40. The Software industry median Altman Z-Score is 3.19. Sportradar Group AG's value of 2.16 is 32.3% below this industry median. Based on the distribution chart, Sportradar Group AG ranks #1751 out of 2759 companies in the Software industry, which is below the industry midpoint. Overall, Sportradar Group AG has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sportradar Group AG's Altman Z-Score compare to OCTV and DAVE?
According to the Software industry distribution chart, Sportradar Group AG ranks #1751 out of 2759 companies for Altman Z-Score. This places Sportradar Group AG in the lower half of its industry. The industry median Altman Z-Score is 3.19. Sportradar Group AG's value of 2.16 is 32.3% below this benchmark. Historically, Sportradar Group AG's own Altman Z-Score has ranged from 1.98 to 4.40 over the past decade. While the company's 10-year median is 3.20 vs. the industry median of 3.19, Sportradar Group AG 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 3.19, based on 2,759 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. Sportradar Group AG's current Altman Z-Score of 2.16 is 32.3% 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 Sportradar Group AG and its competitors. For the Software industry, the median Altman Z-Score is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sportradar Group AG's current Altman Z-Score is 2.16, which is 33% below median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportradar Group AG stock overvalued right now?
Based on GuruFocus' analysis, Sportradar Group AG (SRAD) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.83, compared to a current price of $15.56 — trading 28.7% below its estimated fair value. The current Altman Z-Score is 2.16, which is 33% below median its 10-year median of 3.20 and 32.3% below the Software industry median of 3.19. Sportradar Group AG's overall GF Score™ is 83/100 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 Sportradar Group AG (SRAD), the current Altman Z-Score is 2.16 as of Jul. 06, 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 Sportradar Group AG (SRAD) Overvalued in 2026?

Based on GuruFocus' analysis, Sportradar Group AG stock appears to be undervalued. The current stock price of $15.56 is trading 28.7% below its estimated GF Value™ of $21.83. GuruFocus considers Sportradar Group AG to be Modestly Undervalued.

Key valuation signals for SRAD:

  • Altman Z-Score: 2.16 (33% below median its 10-year median of 3.20)
  • GF Value™: $21.83 vs. price of $15.56 (28.7% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 32.3% below the Software median (#1751 of 2759)

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


Sportradar Group AG Business Description

Other Exchanges 1M4:Germany
Address Feldlistrasse 2, St. Gallen, CHE, CH-9000
Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing. Geographically, it operates in North America, Africa, AsiaPac & Middle East, Europe, and LATAM & Caribbean.
83GF Score

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

$15.56
Price
$21.83
GF Value