YeboYethu (JSE:YYLBEE) Altman Z2-Score: 1.98 (As of Jul. 03, 2026) — 29% Above Median


JSE:YYLBEE YeboYethu Ltd JSE:YYLBEE
55 GF Score
Price R53.01
GF Value R22.59
Valuation Significantly Overvalued
! 7 Warning Signs
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What is YeboYethu Altman Z2-Score?

YeboYethu JSE:YYLBEE +0.02% 55 Altman Z2-Score is 1.98 as of Jul. 03, 2026, which is 29% above its 10-year median of 1.53. GuruFocus rates JSE:YYLBEE with a GF Score™ of 55/100 and a GF Value™ of R22.59 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 363 Telecommunication Services companies, YeboYethu ranks better than 56.75% 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.

YeboYethu has a Altman Z2-Score of 1.98, indicating it is in Grey Zones. This implies that YeboYethu 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 YeboYethu's Altman Z2-Score or its related term are showing as below:

JSE:YYLBEE' s Altman Z2-Score Range Over the Past 10 Years
Min: -1.83   Med: 1.53   Max: 15.08
Current: 1.98

During the past 10 years, YeboYethu's highest Altman Z2-Score was 15.08. The lowest was -1.83. And the median was 1.53.


YeboYethu  (JSE:YYLBEE) 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.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


YeboYethu Altman Z2-Score Related Terms


YeboYethu Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for YeboYethu's Altman Z2-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.

YeboYethu Altman Z2-Score Chart

YeboYethu Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 2.88 -1.42 -1.83 1.98

YeboYethu Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Altman Z2-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 0.00 -1.83 0.00 1.98 0.00

JSE:YYLBEE vs TMUS, VZ, T: Altman Z2-Score Comparison

For the Telecom Services subindustry, YeboYethu'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.


YeboYethu Altman Z2-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, YeboYethu's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where YeboYethu's Altman Z2-Score falls into.


JSE:YYLBEE
55GF Score
YeboYethu Ltd JSE:YYLBEE
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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YeboYethu 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.

YeboYethu's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.0006+3.26*-0.0452+6.72*0.2584+1.05*0.373
=1.98

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2025:
Total Assets was R14,369.6 Mil.
Total Current Assets was R11.7 Mil.
Total Current Liabilities was R3.8 Mil.
Retained Earnings was R-649.7 Mil.
Pre-Tax Income was R3,002.9 Mil.
Interest Expense was R-709.7 Mil.
Total Liabilities was R10,466.2 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
=(11.738 - 3.802)/14369.639
=0.0006

X2=Retained Earnings/Total Assets
=-649.694/14369.639
=-0.0452

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3002.863 - -709.716)/14369.639
=0.2584

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(3903.454 - 0)/10466.185
=0.373

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

YeboYethu has a Altman Z2-Score of 1.98 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.98 mean?
YeboYethu (JSE:YYLBEE) has a Altman Z2-Score of 1.98 as of Jul. 03, 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 YeboYethu and its competitors. This is 29% above median its historical median of 1.53. According to the industry distribution chart, YeboYethu ranks #157 out of 363 companies in the Telecommunication Services industry, placing it in the top 43.3%.
Is YeboYethu's Altman Z2-Score too high?
YeboYethu's current Altman Z2-Score of 1.98 is 29% above median its 10-year median of 1.53. The Telecommunication Services industry median Altman Z2-Score is 1.64. YeboYethu's value of 1.98 is 20.7% above this industry median. Based on the distribution chart, YeboYethu ranks #157 out of 363 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, YeboYethu has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YeboYethu's Altman Z2-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, YeboYethu ranks #157 out of 363 companies for Altman Z2-Score. This puts YeboYethu in the upper half of its industry. The industry median Altman Z2-Score is 1.64. YeboYethu's value of 1.98 is 20.7% above this benchmark. While the company's 10-year median is 1.53 vs. the industry median of 1.64, YeboYethu 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 Telecommunication Services company?
The median Altman Z2-Score among Telecommunication Services companies is 1.64, based on 363 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. YeboYethu's current Altman Z2-Score of 1.98 is 20.7% 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 YeboYethu and its competitors. For the Telecommunication Services industry, the median Altman Z2-Score is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YeboYethu's current Altman Z2-Score is 1.98, which is 29% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YeboYethu stock overvalued right now?
Based on GuruFocus' analysis, YeboYethu (JSE:YYLBEE) is currently considered Significantly Overvalued. The stock's GF Value™ is R22.59, compared to a current price of R53.01 — trading 134.7% above its estimated fair value. The current Altman Z2-Score is 1.98, which is 29% above median its 10-year median of 1.53 and 20.7% above the Telecommunication Services industry median of 1.64. YeboYethu's overall GF Score™ is 55/100 with 7 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 YeboYethu (JSE:YYLBEE), the current Altman Z2-Score is 1.98 as of Jul. 03, 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 YeboYethu (JSE:YYLBEE) Overvalued in 2026?

Based on GuruFocus' analysis, YeboYethu stock appears to be overvalued. The current stock price of R53.01 is trading 134.7% above its estimated GF Value™ of R22.59. GuruFocus considers YeboYethu to be Significantly Overvalued.

Key valuation signals for JSE:YYLBEE:

  • Altman Z2-Score: 1.98 (29% above median its 10-year median of 1.53)
  • GF Value™: R22.59 vs. price of R53.01 (134.7% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 20.7% above the Telecommunication Services median (#157 of 363)

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


YeboYethu Business Description

Address 082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685
YeboYethu Ltd is a special purpose company formed for the purpose is to buying and holding Vodacom SA ordinary shares and Vodacom SA A shares for the benefit of shareholders. Vodacom SA is a mobile communications network operator in South Africa, by a large number of customers and revenue. The principal activities of the company are to carry on the business of acquiring and holding shares in Vodacom Group and receive and distribute dividends and other distributions received by it pursuant to its holding in Vodacom Group.
55GF Score

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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R53.01
Price
R22.59
GF Value