Corpovael de CV (MEX:CADUA) Altman Z2-Score: 4.15 (As of Jul. 15, 2026) — 21% Below Median

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MEX:CADUA Corpovael SA de CV MEX:CADUA
58 GF Score
Price MXN7.22
GF Value MXN4.32
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Corpovael de CV Altman Z2-Score?

Corpovael de CV MEX:CADUA 58 Altman Z2-Score is 4.15 as of Jul. 15, 2026, which is 21% below its 10-year median of 5.23. GuruFocus rates MEX:CADUA with a GF Score™ of 58/100 and a GF Value™ of MXN4.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,771 Real Estate companies, Corpovael de CV ranks better than 64.26% 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:

Corpovael de CV has a Altman Z2-Score of 4.15, 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 Corpovael de CV's Altman Z2-Score or its related term are showing as below:

MEX:CADUA' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.48   Med: 5.23   Max: 9.56
Current: 4.15

During the past 13 years, Corpovael de CV's highest Altman Z2-Score was 9.56. The lowest was 2.48. And the median was 5.23.


Corpovael de CV  (MEX:CADUA) 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.


Corpovael de CV Altman Z2-Score Related Terms


Corpovael de CV Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Corpovael de CV'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.

Corpovael de CV Altman Z2-Score Chart

Corpovael de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 2.48 3.02 3.02 3.69

Corpovael de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.45 3.31 3.49 3.69 4.15

Corpovael de CV Altman Z2-Score Competitor Comparison

For the Real Estate - Development subindustry, Corpovael de CV'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.


Corpovael de CV Altman Z2-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Corpovael de CV's Altman Z2-Score distribution charts can be found below:

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


MEX:CADUA
58GF Score
Corpovael SA de CV MEX:CADUA
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corpovael de CV 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.

Corpovael de CV'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*0.2661+3.26*0.3503+6.72*0.0455+1.05*0.9109
=4.15

* 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. 2026:
Total Assets was MXN12,333 Mil.
Total Current Assets was MXN5,655 Mil.
Total Current Liabilities was MXN2,372 Mil.
Retained Earnings was MXN4,321 Mil.
Pre-Tax Income was 75.309 + 143.466 + 148.444 + 110.449 = MXN478 Mil.
Interest Expense was -15.058 + -24.332 + -26.751 + -16.997 = MXN-83 Mil.
Total Liabilities was MXN6,428 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
=(5654.978 - 2372.496)/12333.413
=0.2661

X2=Retained Earnings/Total Assets
=4320.94/12333.413
=0.3503

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(477.668 - -83.138)/12333.413
=0.0455

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(5854.883 - 0)/6427.931
=0.9109

The zones of discrimination were as such:

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

Corpovael de CV has a Altman Z2-Score of 4.15 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.15 mean?
Corpovael de CV (MEX:CADUA) has a Altman Z2-Score of 4.15 as of Jul. 15, 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 Corpovael de CV and its competitors. This is 21% below median its historical median of 5.23. Over the past decade, Corpovael de CV's Altman Z2-Score has ranged from 2.48 to 9.56. According to the industry distribution chart, Corpovael de CV ranks #633 out of 1771 companies in the Real Estate industry, placing it in the top 35.7%.
Is Corpovael de CV's Altman Z2-Score too high?
Corpovael de CV's current Altman Z2-Score of 4.15 is 21% below median its 10-year median of 5.23. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 9.56. The Real Estate industry median Altman Z2-Score is 3.00. Corpovael de CV's value of 4.15 is 38.3% above this industry median. Based on the distribution chart, Corpovael de CV ranks #633 out of 1771 companies in the Real Estate industry, which is above the industry midpoint. Overall, Corpovael de CV has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Corpovael de CV's Altman Z2-Score compare to competitors?
According to the Real Estate industry distribution chart, Corpovael de CV ranks #633 out of 1771 companies for Altman Z2-Score. This puts Corpovael de CV in the upper half of its industry. The industry median Altman Z2-Score is 3.00. Corpovael de CV's value of 4.15 is 38.3% above this benchmark. Historically, Corpovael de CV's own Altman Z2-Score has ranged from 2.48 to 9.56 over the past decade. While the company's 10-year median is 5.23 vs. the industry median of 3.00, Corpovael de CV 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 Real Estate company?
The median Altman Z2-Score among Real Estate companies is 3.00, based on 1,771 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. Corpovael de CV's current Altman Z2-Score of 4.15 is 38.3% 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 Corpovael de CV and its competitors. For the Real Estate industry, the median Altman Z2-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corpovael de CV's current Altman Z2-Score is 4.15, which is 21% below median its own 10-year median of 5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corpovael de CV stock overvalued right now?
Based on GuruFocus' analysis, Corpovael de CV (MEX:CADUA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4.32, compared to a current price of MXN7.22 — trading 67.1% above its estimated fair value. The current Altman Z2-Score is 4.15, which is 21% below median its 10-year median of 5.23 and 38.3% above the Real Estate industry median of 3.00. Corpovael de CV's overall GF Score™ is 58/100 with 9 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 Corpovael de CV (MEX:CADUA), the current Altman Z2-Score is 4.15 as of Jul. 15, 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 Corpovael de CV (MEX:CADUA) Overvalued in 2026?

Based on GuruFocus' analysis, Corpovael de CV stock appears to be overvalued. The current stock price of MXN7.22 is trading 67.1% above its estimated GF Value™ of MXN4.32. GuruFocus considers Corpovael de CV to be Significantly Overvalued.

Key valuation signals for MEX:CADUA:

  • Altman Z2-Score: 4.15 (21% below median its 10-year median of 5.23)
  • GF Value™: MXN4.32 vs. price of MXN7.22 (67.1% above fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 38.3% above the Real Estate median (#633 of 1771)

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


Corpovael de CV Business Description

Address Avenue Bonampak 237, 1st Floor, Mza 1, Lot 1, SMza 6A, Corporativo Malecon Americas, Cancun, QROO, MEX, 77503
Corpovael SA de CV is engaged in developing, building and commercializing accessible housing for the middle and lower level of the Mexicans. The company seeks new investment alternatives in other States of the Republic in order to provide a home for more Mexicans.
58GF Score

Get the complete analysis for MEX:CADUA

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

MXN7.22
Price
MXN4.32
GF Value