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.
Charter Hall Long WALE REIT has a Altman Z2-Score of 2.33, indicating it is in Grey Zones. This implies that Charter Hall Long WALE REIT is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.
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 Charter Hall Long WALE REIT's Altman Z2-Score or its related term are showing as below:
CHLWF'
s Altman Z2-Score Range Over the Past 10 Years
Min: 1.72 Med: 2.84 Max: 3.85
Current: 2.33
During the past 9 years, Charter Hall Long WALE REIT's highest Altman Z2-Score was 3.85. The lowest was 1.72. And the median was 2.84.
Charter Hall Long WALE REIT (OTCPK:CHLWF) 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.
CHLWF vs VICI, WPC, BNL: Altman Z2-Score Comparison
For the REIT - Diversified subindustry, Charter Hall Long WALE REIT'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.
Charter Hall Long WALE REIT Altman Z2-Score vs REITs Industry
For the REITs industry and Real Estate sector, Charter Hall Long WALE REIT's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Charter Hall Long WALE REIT's Altman Z2-Score falls into.
Charter Hall Long WALE REIT 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.
Charter Hall Long WALE REIT (CHLWF) has a Altman Z2-Score of 2.33 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 Charter Hall Long WALE REIT and its competitors. This is 18% below median its historical median of 2.84. Over the past decade, Charter Hall Long WALE REIT's Altman Z2-Score has ranged from 1.72 to 3.85. According to the industry distribution chart, Charter Hall Long WALE REIT ranks #300 out of 743 companies in the REITs industry, placing it in the top 40.4%.
Is Charter Hall Long WALE REIT's Altman Z2-Score too high?
Charter Hall Long WALE REIT's current Altman Z2-Score of 2.33 is 18% below median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 3.85. The REITs industry median Altman Z2-Score is 1.77. Charter Hall Long WALE REIT's value of 2.33 is 31.6% above this industry median. Based on the distribution chart, Charter Hall Long WALE REIT ranks #300 out of 743 companies in the REITs industry, which is above the industry midpoint. Overall, Charter Hall Long WALE REIT has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Charter Hall Long WALE REIT's Altman Z2-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Charter Hall Long WALE REIT ranks #300 out of 743 companies for Altman Z2-Score. This puts Charter Hall Long WALE REIT in the upper half of its industry. The industry median Altman Z2-Score is 1.77. Charter Hall Long WALE REIT's value of 2.33 is 31.6% above this benchmark. Historically, Charter Hall Long WALE REIT's own Altman Z2-Score has ranged from 1.72 to 3.85 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.77, Charter Hall Long WALE REIT 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 REITs company?
The median Altman Z2-Score among REITs companies is 1.77, based on 743 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. Charter Hall Long WALE REIT's current Altman Z2-Score of 2.33 is 31.6% 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 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 Charter Hall Long WALE REIT and its competitors. For the REITs industry, the median Altman Z2-Score is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charter Hall Long WALE REIT's current Altman Z2-Score is 2.33, which is 18% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charter Hall Long WALE REIT stock overvalued right now?
Charter Hall Long WALE REIT (CHLWF) has a current Altman Z2-Score of 2.33. The stock's GF Value™ is $2.75, compared to a current price of $1.73 — trading 37.1% below its estimated fair value. The current Altman Z2-Score is 2.33, which is 18% below median its 10-year median of 2.84 and 31.6% above the REITs industry median of 1.77. Charter Hall Long WALE REIT's overall GF Score™ is 73/100 with 8 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 Charter Hall Long WALE REIT (CHLWF), the current Altman Z2-Score is 2.33 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 Charter Hall Long WALE REIT (CHLWF) Overvalued in 2026?
Based on GuruFocus' analysis, Charter Hall Long WALE REIT stock appears to be undervalued.
The current stock price of $1.73 is trading 37.1% below its estimated GF Value™ of $2.75.
Key valuation signals for CHLWF:
Altman Z2-Score: 2.33 (18% below median its 10-year median of 2.84)
GF Value™: $2.75 vs. price of $1.73 (37.1% below fair value)
Industry Position: 31.6% above the REITs median (#300 of 743)
No single metric tells the full story. See the CHLWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charter Hall Long WALE REIT is a listed investment vehicle established and managed by Charter Hall Group. The REIT pays management fees to the parent group. There are over 500 properties on balance sheet and in joint ventures, spanning retail, industrial, office, data centers and social infrastructure. The portfolio typically has near full occupancy and long weighted average lease expiry, or WALE, of around 10 years. About half the leases are subject to annual inflation-linked rental uplifts, and half to fixed annual increases (typically 3%). One third of the REIT's income is rents collected from the properties held on its own balance sheet and the rest is co-investment earnings from a dozen joint ventures.
73GF Score
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