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BytetravelXMAD:SCBYT -4.33%21 Altman Z-Score is 32.58 as of Aug. 09, 2026, which is 64% below its 10-year median of 90.28. GuruFocus rates XMAD:SCBYT with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 835 Travel & Leisure companies, Bytetravel ranks better than 98.56% 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.
Good Sign:
Altman Z-score of 32.58 is strong.
Bytetravel has a Altman Z-Score of 32.58, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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 Bytetravel's Altman Z-Score or its related term are showing as below:
XMAD:SCBYT'
s Altman Z-Score Range Over the Past 10 Years
Min: 32.58 Med: 90.28 Max: 143.18
Current: 32.58
During the past 5 years, Bytetravel's highest Altman Z-Score was 143.18. The lowest was 32.58. And the median was 90.28.
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.
Bytetravel Altman Z-Score Related Terms
Bytetravel Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Bytetravel'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.
XMAD:SCBYT vs BKNG, ABNB, RCL: Altman Z-Score Comparison
For the Travel Services subindustry, Bytetravel'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.
Bytetravel Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Bytetravel's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Bytetravel'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.
Bytetravel'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
*
0.4547
+
1.4
*
0.0231
+
3.3
*
0.0353
+
0.6
*
49.6843
+
1.0
*
2.0772
=
32.58
* 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.
Bytetravel (XMAD:SCBYT) has a Altman Z-Score of 32.58 as of Aug. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bytetravel and its competitors. This is 64% below median its historical median of 90.28. Over the past decade, Bytetravel's Altman Z-Score has ranged from 32.58 to 143.18. According to the industry distribution chart, Bytetravel ranks #12 out of 835 companies in the Travel & Leisure industry, placing it in the top 1.4%.
Is Bytetravel's Altman Z-Score too high?
Bytetravel's current Altman Z-Score of 32.58 is 64% below median its 10-year median of 90.28. Over the past 10 years, this metric has ranged from a low of 32.58 to a high of 143.18. The Travel & Leisure industry median Altman Z-Score is 1.98. Bytetravel's value of 32.58 is 1545.5% above this industry median. Based on the distribution chart, Bytetravel ranks #12 out of 835 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Bytetravel has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Bytetravel's Altman Z-Score compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Bytetravel ranks #12 out of 835 companies for Altman Z-Score. This places Bytetravel in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.98. Bytetravel's value of 32.58 is 1545.5% above this benchmark. Historically, Bytetravel's own Altman Z-Score has ranged from 32.58 to 143.18 over the past decade. While the company's 10-year median is 90.28 vs. the industry median of 1.98, Bytetravel 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 1.98, based on 835 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. Bytetravel's current Altman Z-Score of 32.58 is 1545.5% 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 Bytetravel and its competitors. For the Travel & Leisure 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. Bytetravel's current Altman Z-Score is 32.58, which is 64% below median its own 10-year median of 90.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bytetravel stock overvalued right now?
Bytetravel (XMAD:SCBYT) has a current Altman Z-Score of 32.58. The current Altman Z-Score is 32.58, which is 64% below median its 10-year median of 90.28 and 1545.5% above the Travel & Leisure industry median of 1.98. Bytetravel's overall GF Score™ is 21/100 with 1 warning sign 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 Bytetravel (XMAD:SCBYT), the current Altman Z-Score is 32.58 as of Aug. 09, 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.
Bytetravel SA is a Spanish company, specializing in the travel tech sector and dedicated to developing ancillary services for tourists and business travelers world-wide. The company aims to provide complementary services, or ancillaries, delivering them efficiently and reliably through the extensive use of technology, automation, biometrics, and artificial intelligence. Its objective is to provide services that help clients save time on administrative tasks and contribute to reducing overall operational costs.
21GF Score
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