GoPro (WBO:GPRO) Altman Z-Score: -2.78 (As of Jun. 28, 2026)


WBO:GPRO GoPro Inc WBO:GPRO
49 GF Score
Price €0.71
GF Value €1.12
Valuation Modestly Undervalued
! 6 Warning Signs
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What is GoPro Altman Z-Score?

GoPro WBO:GPRO +12.62% 49 Altman Z-Score is -2.78 as of Jun. 28, 2026. GuruFocus rates WBO:GPRO with a GF Score™ of 49/100 and a GF Value™ of €1.12 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,459 Hardware companies, GoPro ranks worse than 96.54% 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 -2.78 is in distress zone. This implies bankruptcy possibility in the next two years.

GoPro has a Altman Z-Score of -2.78, 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 GoPro's Altman Z-Score or its related term are showing as below:

WBO:GPRO' s Altman Z-Score Range Over the Past 10 Years
Min: -2.78   Med: 1.5   Max: 4.15
Current: -2.78

During the past 13 years, GoPro's highest Altman Z-Score was 4.15. The lowest was -2.78. And the median was 1.50.


GoPro  (WBO:GPRO) 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.


GoPro Altman Z-Score Related Terms


GoPro Altman Z-Score Historical Data

* Premium members only.

The historical data trend for GoPro'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.

GoPro Altman Z-Score Chart

GoPro 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 2.70 2.25 1.47 -0.85 -1.33

GoPro 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 -1.39 -1.38 -1.08 -1.33 -2.78

WBO:GPRO vs TBCH, ZEPP, UEIC: Altman Z-Score Comparison

For the Consumer Electronics subindustry, GoPro'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.


GoPro Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, GoPro's Altman Z-Score distribution charts can be found below:

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


WBO:GPRO
49GF Score
GoPro Inc WBO:GPRO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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GoPro 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.

GoPro'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*-0.3922+1.4*-2.2444+3.3*-0.297+0.6*0.3441+1.0*1.6039
=-2.78

* 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 €329.9 Mil.
Total Current Assets was €179.3 Mil.
Total Current Liabilities was €308.7 Mil.
Retained Earnings was €-740.4 Mil.
Pre-Tax Income was -68.313 + -9.221 + -17.45 + -13.103 = €-108.1 Mil.
Interest Expense was -3.562 + -2.992 + -2.313 + -1.245 = €-10.1 Mil.
Revenue was 85.691 + 172.229 + 138.806 + 132.341 = €529.1 Mil.
Market Cap (Today) was €114.1 Mil.
Total Liabilities was €331.5 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
=(179.309 - 308.686)/329.872
=-0.3922

X2=Retained Earnings/Total Assets
=-740.366/329.872
=-2.2444

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-108.087 - -10.112)/329.872
=-0.297

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=114.081/331.489
=0.3441

X5=Revenue/Total Assets
=529.067/329.872
=1.6039

The zones of discrimination were as such:

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

GoPro has a Altman Z-Score of -2.78 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 -2.78 mean?
GoPro (WBO:GPRO) has a Altman Z-Score of -2.78 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on GoPro and its competitors. According to the industry distribution chart, GoPro ranks #2374 out of 2459 companies in the Hardware industry, placing it in the top 96.5%.
Is GoPro's Altman Z-Score too high?
GoPro's current Altman Z-Score is -2.78. Based on the distribution chart, GoPro ranks #2374 out of 2459 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, GoPro has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GoPro's Altman Z-Score compare to TBCH and ZEPP?
According to the Hardware industry distribution chart, GoPro ranks #2374 out of 2459 companies for Altman Z-Score. This places GoPro in the lower half of its industry. The industry median Altman Z-Score is 3.59. 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, based on 2,459 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. 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 GoPro and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoPro's current Altman Z-Score is -2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoPro stock overvalued right now?
Based on GuruFocus' analysis, GoPro (WBO:GPRO) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.12, compared to a current price of €0.71 — trading 36.3% below its estimated fair value. The current Altman Z-Score is -2.78. GoPro's overall GF Score™ is 49/100 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 GoPro (WBO:GPRO), the current Altman Z-Score is -2.78 as of Jun. 28, 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 GoPro (WBO:GPRO) Overvalued in 2026?

Based on GuruFocus' analysis, GoPro stock appears to be undervalued. The current stock price of €0.71 is trading 36.3% below its estimated GF Value™ of €1.12. GuruFocus considers GoPro to be Modestly Undervalued.

Key valuation signals for WBO:GPRO:

  • Altman Z-Score: -2.78
  • GF Value™: €1.12 vs. price of €0.71 (36.3% below fair value)
  • GF Score™: 49/100 with 6 warning signs

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


GoPro Business Description

Address 3025 Clearview Way, San Mateo, CA, USA, 94402
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts and accessories, lifestyle gear, applications, and subscriptions and services. The company sells products across the world through retailers, distributors, and on GoPro.com. Its hardware products are designed and developed in the United States, France, China, and Romania, and a majority of the manufacturing is outsourced to contract manufacturers located in China, Thailand, and Vietnam. Geographically, the company generates maximum revenue from the Americas, followed by Europe, Middle East and Africa (EMEA), and Asia and Pacific (APAC) region.
49GF Score

Get the complete analysis for WBO:GPRO

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

€0.71
Price
€1.12
GF Value