ESG Emirates Stallions Group PJSCADX:ESG 94 Altman Z2-Score is 4.70 as of Jun. 30, 2026, which is 21% below its 10-year median of 5.92. GuruFocus rates ADX:ESG with a GF Score™ of 94/100 and a GF Value™ of د.إ20.71 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 559 Conglomerates companies, ESG Emirates Stallions Group PJSC ranks better than 69.23% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Good Sign:
ESG Emirates Stallions Group PJSC has a Altman Z2-Score of 4.70, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for ESG Emirates Stallions Group PJSC's Altman Z2-Score or its related term are showing as below:
ADX:ESG'
s Altman Z2-Score Range Over the Past 10 Years
Min: 4.7 Med: 5.92 Max: 10.51
Current: 4.7
During the past 6 years, ESG Emirates Stallions Group PJSC's highest Altman Z2-Score was 10.51. The lowest was 4.70. And the median was 5.92.
ESG Emirates Stallions Group PJSC (ADX:ESG) Altman Z2-Score Explanation
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
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.
* 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.
ESG Emirates Stallions Group PJSC Altman Z2-Score Chart
For the Conglomerates subindustry, ESG Emirates Stallions Group PJSC's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.
ESG Emirates Stallions Group PJSC Altman Z2-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ESG Emirates Stallions Group PJSC's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where ESG Emirates Stallions Group PJSC's Altman Z2-Score falls into.
ESG Emirates Stallions Group PJSC Altman Z2-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.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
* 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 Z2-Score when X4_2 value is 0.
ESG Emirates Stallions Group PJSC (ADX:ESG) has a Altman Z2-Score of 4.70 as of Jun. 30, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on ESG Emirates Stallions Group PJSC and its competitors. This is 21% below median its historical median of 5.92. Over the past decade, ESG Emirates Stallions Group PJSC's Altman Z2-Score has ranged from 4.70 to 10.51. According to the industry distribution chart, ESG Emirates Stallions Group PJSC ranks #172 out of 559 companies in the Conglomerates industry, placing it in the top 30.8%.
Is ESG Emirates Stallions Group PJSC's Altman Z2-Score too high?
ESG Emirates Stallions Group PJSC's current Altman Z2-Score of 4.70 is 21% below median its 10-year median of 5.92. Over the past 10 years, this metric has ranged from a low of 4.70 to a high of 10.51. The Conglomerates industry median Altman Z2-Score is 2.92. ESG Emirates Stallions Group PJSC's value of 4.70 is 61% above this industry median. Based on the distribution chart, ESG Emirates Stallions Group PJSC ranks #172 out of 559 companies in the Conglomerates industry, which is above the industry midpoint. Overall, ESG Emirates Stallions Group PJSC has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ESG Emirates Stallions Group PJSC's Altman Z2-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, ESG Emirates Stallions Group PJSC ranks #172 out of 559 companies for Altman Z2-Score. This puts ESG Emirates Stallions Group PJSC in the upper half of its industry. The industry median Altman Z2-Score is 2.92. ESG Emirates Stallions Group PJSC's value of 4.70 is 61% above this benchmark. Historically, ESG Emirates Stallions Group PJSC's own Altman Z2-Score has ranged from 4.70 to 10.51 over the past decade. While the company's 10-year median is 5.92 vs. the industry median of 2.92, ESG Emirates Stallions Group PJSC 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 Z2-Score for a Conglomerates company?
The median Altman Z2-Score among Conglomerates companies is 2.92, based on 559 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ESG Emirates Stallions Group PJSC's current Altman Z2-Score of 4.70 is 61% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on ESG Emirates Stallions Group PJSC and its competitors. For the Conglomerates industry, the median Altman Z2-Score is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ESG Emirates Stallions Group PJSC's current Altman Z2-Score is 4.70, which is 21% below median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ESG Emirates Stallions Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, ESG Emirates Stallions Group PJSC (ADX:ESG) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ20.71, compared to a current price of د.إ12.26 — trading 40.8% below its estimated fair value. The current Altman Z2-Score is 4.70, which is 21% below median its 10-year median of 5.92 and 61% above the Conglomerates industry median of 2.92. ESG Emirates Stallions Group PJSC's overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For ESG Emirates Stallions Group PJSC (ADX:ESG), the current Altman Z2-Score is 4.70 as of Jun. 30, 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 ESG Emirates Stallions Group PJSC (ADX:ESG) Overvalued in 2026?
Based on GuruFocus' analysis, ESG Emirates Stallions Group PJSC stock appears to be undervalued.
The current stock price of د.إ12.26 is trading 40.8% below its estimated GF Value™ of د.إ20.71.
GuruFocus considers ESG Emirates Stallions Group PJSC to be Significantly Undervalued.
Key valuation signals for ADX:ESG:
Altman Z2-Score: 4.70 (21% below median its 10-year median of 5.92)
GF Value™: د.إ20.71 vs. price of د.إ12.26 (40.8% below fair value)
Industry Position: 61% above the Conglomerates median (#172 of 559)
No single metric tells the full story. See the ADX:ESG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ESG Emirates Stallions Group PJSC Business Description
ESG Emirates Stallions Group PJSC is a diversified group operating across and delivering solutions in manpower, real estate, retail, interior design, and the manufacturing industry. The group's operating business segments are: Contracting and consultancy, Landscaping, agriculture and maintenance, Business process/manpower, Furniture manufacturing, Retail and interior fit out, and Others. Maximum revenue is generated from the Furniture manufacturing, Retail and interior fit out segment, which includes retail trading of household, office furniture, and interior decoration material, wooden door manufacturing, house and furniture manufacturing. Geographically, the group generates maximum revenue from its business in the United Arab Emirates, and the rest from markets located outside the UAE.
94GF Score
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