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Oasis Crescent Property FundJSE:OAS 74 Altman Z2-Score is 29.70 as of Jul. 16, 2026, which is 0% below its 10-year median of 29.84. GuruFocus rates JSE:OAS with a GF Score™ of 74/100 and a GF Value™ of R24.04 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 739 REITs companies, Oasis Crescent Property Fund ranks better than 92.02% 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:
Oasis Crescent Property Fund has a Altman Z2-Score of 29.70, 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 Oasis Crescent Property Fund's Altman Z2-Score or its related term are showing as below:
JSE:OAS'
s Altman Z2-Score Range Over the Past 10 Years
Min: 13.69 Med: 29.84 Max: 35.08
Current: 29.7
During the past 13 years, Oasis Crescent Property Fund's highest Altman Z2-Score was 35.08. The lowest was 13.69. And the median was 29.84.
Oasis Crescent Property Fund (JSE:OAS) 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.
Oasis Crescent Property Fund Altman Z2-Score Chart
JSE:OAS vs VICI, WPC, BNL: Altman Z2-Score Comparison
For the REIT - Diversified subindustry, Oasis Crescent Property Fund'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.
Oasis Crescent Property Fund Altman Z2-Score vs REITs Industry
For the REITs industry and Real Estate sector, Oasis Crescent Property Fund's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Oasis Crescent Property Fund's Altman Z2-Score falls into.
Oasis Crescent Property Fund 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.
Oasis Crescent Property Fund (JSE:OAS) has a Altman Z2-Score of 29.70 as of Jul. 16, 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 Oasis Crescent Property Fund and its competitors. This is near median its historical median of 29.84. Over the past decade, Oasis Crescent Property Fund's Altman Z2-Score has ranged from 13.69 to 35.08. According to the industry distribution chart, Oasis Crescent Property Fund ranks #59 out of 739 companies in the REITs industry, placing it in the top 8%.
Is Oasis Crescent Property Fund's Altman Z2-Score too high?
Oasis Crescent Property Fund's current Altman Z2-Score of 29.70 is near median its 10-year median of 29.84. Over the past 10 years, this metric has ranged from a low of 13.69 to a high of 35.08. The REITs industry median Altman Z2-Score is 1.77. Oasis Crescent Property Fund's value of 29.70 is 1578% above this industry median. Based on the distribution chart, Oasis Crescent Property Fund ranks #59 out of 739 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Oasis Crescent Property Fund has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oasis Crescent Property Fund's Altman Z2-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Oasis Crescent Property Fund ranks #59 out of 739 companies for Altman Z2-Score. This places Oasis Crescent Property Fund in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.77. Oasis Crescent Property Fund's value of 29.70 is 1578% above this benchmark. Historically, Oasis Crescent Property Fund's own Altman Z2-Score has ranged from 13.69 to 35.08 over the past decade. While the company's 10-year median is 29.84 vs. the industry median of 1.77, Oasis Crescent Property Fund 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 739 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. Oasis Crescent Property Fund's current Altman Z2-Score of 29.70 is 1578% 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 Oasis Crescent Property Fund 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. Oasis Crescent Property Fund's current Altman Z2-Score is 29.70, which is near median its own 10-year median of 29.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oasis Crescent Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Oasis Crescent Property Fund (JSE:OAS) is currently considered Modestly Overvalued. The stock's GF Value™ is R24.04, compared to a current price of R29.35 — trading 22.1% above its estimated fair value. The current Altman Z2-Score is 29.70, which is near median its 10-year median of 29.84 and 1578% above the REITs industry median of 1.77. Oasis Crescent Property Fund's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Oasis Crescent Property Fund (JSE:OAS), the current Altman Z2-Score is 29.70 as of Jul. 16, 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 Oasis Crescent Property Fund (JSE:OAS) Overvalued in 2026?
Based on GuruFocus' analysis, Oasis Crescent Property Fund stock appears to be overvalued.
The current stock price of R29.35 is trading 22.1% above its estimated GF Value™ of R24.04.
GuruFocus considers Oasis Crescent Property Fund to be Modestly Overvalued.
Key valuation signals for JSE:OAS:
Altman Z2-Score: 29.70 (near median its 10-year median of 29.84)
GF Value™: R24.04 vs. price of R29.35 (22.1% above fair value)
Industry Position: 1578% above the REITs median (#59 of 739)
No single metric tells the full story. See the JSE:OAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oasis Crescent Property Fund is a closed-ended REIT property fund established to provide sustainable income and real returns to investors by investing in shares of companies, collective investment schemes, and real estate investment trusts. The Fund operates in the following primary business segments such as Office - comprising office buildings and office parking, Industrial - industrial buildings such as warehouses and factories, Retail - comprising retail outlets, Investments - comprising financial assets at fair value through profit or loss, other financial assets at fair value through profit or loss, other short-term financial assets at fair value through profit or loss, other receivables and cash and cash equivalents.
74GF Score
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