Freetrailer Group AS (XSAT:FREETR) Altman Z-Score: 5.72 (As of Jul. 01, 2026) — 49% Below Median


XSAT:FREETR Freetrailer Group AS XSAT:FREETR
69 GF Score
Price kr55.50
GF Value kr73.67
Valuation Modestly Undervalued
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What is Freetrailer Group AS Altman Z-Score?

Freetrailer Group AS XSAT:FREETR +1.09% 69 Altman Z-Score is 5.72 as of Jul. 01, 2026, which is 49% below its 10-year median of 11.22. GuruFocus rates XSAT:FREETR with a GF Score™ of 69/100 and a GF Value™ of kr73.67 (Modestly Undervalued). Among 1,060 Business Services companies, Freetrailer Group AS ranks better than 78.49% 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 5.71 is strong.

Freetrailer Group AS has a Altman Z-Score of 5.72, 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 Freetrailer Group AS's Altman Z-Score or its related term are showing as below:

XSAT:FREETR' s Altman Z-Score Range Over the Past 10 Years
Min: 3.97   Med: 11.22   Max: 25.18
Current: 5.71

During the past 8 years, Freetrailer Group AS's highest Altman Z-Score was 25.18. The lowest was 3.97. And the median was 11.22.


Freetrailer Group AS  (XSAT:FREETR) 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.


Freetrailer Group AS Altman Z-Score Related Terms


Freetrailer Group AS Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Freetrailer Group AS'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.

Freetrailer Group AS Altman Z-Score Chart

Freetrailer Group AS Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Altman Z-Score
Get a 7-Day Free Trial 5.94 13.28 15.63 11.97 14.49

Freetrailer Group AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 20.74 20.28 7.36 6.80 7.25

XSAT:FREETR vs URI, SUNB, AER: Altman Z-Score Comparison

For the Rental & Leasing Services subindustry, Freetrailer Group AS'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.


Freetrailer Group AS Altman Z-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Freetrailer Group AS's Altman Z-Score distribution charts can be found below:

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


XSAT:FREETR
69GF Score
Freetrailer Group AS XSAT:FREETR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Freetrailer Group AS 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.

Freetrailer Group AS'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*0.0409+1.4*0.2938+3.3*0.1888+0.6*6.0518+1.0*1.001
=5.72

* 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 kr144.3 Mil.
Total Current Assets was kr64.7 Mil.
Total Current Liabilities was kr58.8 Mil.
Retained Earnings was kr42.4 Mil.
Pre-Tax Income was -0.188 + 12.618 + 9.3 + 1.366 = kr23.1 Mil.
Interest Expense was -1.172 + -0.77 + -1.648 + -0.553 = kr-4.1 Mil.
Revenue was 34.516 + 41.752 + 39.915 + 28.251 = kr144.4 Mil.
Market Cap (Today) was kr529.0 Mil.
Total Liabilities was kr87.4 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
=(64.746 - 58.848)/144.294
=0.0409

X2=Retained Earnings/Total Assets
=42.393/144.294
=0.2938

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(23.096 - -4.143)/144.294
=0.1888

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=528.985/87.41
=6.0518

X5=Revenue/Total Assets
=144.434/144.294
=1.001

The zones of discrimination were as such:

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

Freetrailer Group AS has a Altman Z-Score of 5.72 indicating it is in Safe 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 5.72 mean?
Freetrailer Group AS (XSAT:FREETR) has a Altman Z-Score of 5.72 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Freetrailer Group AS and its competitors. This is 49% below median its historical median of 11.22. Over the past decade, Freetrailer Group AS's Altman Z-Score has ranged from 3.97 to 25.18. According to the industry distribution chart, Freetrailer Group AS ranks #228 out of 1060 companies in the Business Services industry, placing it in the top 21.5%.
Is Freetrailer Group AS's Altman Z-Score too high?
Freetrailer Group AS's current Altman Z-Score of 5.72 is 49% below median its 10-year median of 11.22. Over the past 10 years, this metric has ranged from a low of 3.97 to a high of 25.18. The Business Services industry median Altman Z-Score is 2.96. Freetrailer Group AS's value of 5.72 is 93.6% above this industry median. Based on the distribution chart, Freetrailer Group AS ranks #228 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Freetrailer Group AS has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Freetrailer Group AS's Altman Z-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, Freetrailer Group AS ranks #228 out of 1060 companies for Altman Z-Score. This places Freetrailer Group AS in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.96. Freetrailer Group AS's value of 5.72 is 93.6% above this benchmark. Historically, Freetrailer Group AS's own Altman Z-Score has ranged from 3.97 to 25.18 over the past decade. While the company's 10-year median is 11.22 vs. the industry median of 2.96, Freetrailer Group AS 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.96, based on 1,060 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. Freetrailer Group AS's current Altman Z-Score of 5.72 is 93.6% 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 Freetrailer Group AS and its competitors. For the Business Services industry, the median Altman Z-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freetrailer Group AS's current Altman Z-Score is 5.72, which is 49% below median its own 10-year median of 11.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freetrailer Group AS stock overvalued right now?
Based on GuruFocus' analysis, Freetrailer Group AS (XSAT:FREETR) is currently considered Modestly Undervalued. The stock's GF Value™ is kr73.67, compared to a current price of kr55.50 — trading 24.7% below its estimated fair value. The current Altman Z-Score is 5.72, which is 49% below median its 10-year median of 11.22 and 93.6% above the Business Services industry median of 2.96. Freetrailer Group AS's overall GF Score™ is 69/100. 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 Freetrailer Group AS (XSAT:FREETR), the current Altman Z-Score is 5.72 as of Jul. 01, 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 Freetrailer Group AS (XSAT:FREETR) Overvalued in 2026?

Based on GuruFocus' analysis, Freetrailer Group AS stock appears to be undervalued. The current stock price of kr55.50 is trading 24.7% below its estimated GF Value™ of kr73.67. GuruFocus considers Freetrailer Group AS to be Modestly Undervalued.

Key valuation signals for XSAT:FREETR:

  • Altman Z-Score: 5.72 (49% below median its 10-year median of 11.22)
  • GF Value™: kr73.67 vs. price of kr55.50 (24.7% below fair value)
  • GF Score™: 69/100
  • Industry Position: 93.6% above the Business Services median (#228 of 1060)

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


Freetrailer Group AS Business Description

Other Exchanges R0C:Germany
Address Dampfaergevej 10, 5th Floor, Copenhagen, DNK, 2100
Freetrailer Group AS is a Danish technology company providing trailer reservation and borrowing services for free through a sharing economy IT platform. It offers self-service solution via the Freetrailer app and electronic lock, enabling its partners and their customers enjoy maximum flexibility. The group operates as a sharing platform providing rental services for Trio Cargo eBikes, Open trailers, Closed trailers, 2-axle open trailers, Open trailer with cage, and other trypes of trailers across various locations in Denmark, Sweden, Norway, Germany and the Netherlands.
69GF Score

Get the complete analysis for XSAT:FREETR

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

kr55.50
Price
kr73.67
GF Value