MNGGF (Mongolia Growth Group) Altman Z2-Score: 121.14 (As of Jun. 29, 2026) — 664% Above Median


What is Mongolia Growth Group Altman Z2-Score?

Mongolia Growth Group MNGGF -45.00% Altman Z2-Score is 121.14 as of Jun. 29, 2026, which is 664% above its 10-year median of 15.85. The stock has 3 warning signs investors should review. Among 1,772 Real Estate companies, Mongolia Growth Group ranks better than 99.38% 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:

Mongolia Growth Group has a Altman Z2-Score of 121.14, 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 Mongolia Growth Group's Altman Z2-Score or its related term are showing as below:

MNGGF' s Altman Z2-Score Range Over the Past 10 Years
Min: 5.69   Med: 15.85   Max: 121.37
Current: 121.37

During the past 13 years, Mongolia Growth Group's highest Altman Z2-Score was 121.37. The lowest was 5.69. And the median was 15.85.


Mongolia Growth Group  (OTCPK:MNGGF) 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.


Mongolia Growth Group Altman Z2-Score Related Terms


Mongolia Growth Group Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Mongolia Growth Group'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.

Mongolia Growth Group Altman Z2-Score Chart

Mongolia Growth Group 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 7.89 7.65 11.19 9.20 55.42

Mongolia Growth Group 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 20.45 31.69 11.27 55.42 121.37

MNGGF vs CBRE, BEKE, JLL: Altman Z2-Score Comparison

For the Real Estate Services subindustry, Mongolia Growth Group'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.


Mongolia Growth Group Altman Z2-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mongolia Growth Group's Altman Z2-Score distribution charts can be found below:

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



Mongolia Growth Group 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.

Mongolia Growth Group'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*0.9912+3.26*-0.5903+6.72*-0.2046+1.05*112.3198
=121.14

* 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 $25.16 Mil.
Total Current Assets was $25.16 Mil.
Total Current Liabilities was $0.22 Mil.
Retained Earnings was $-14.85 Mil.
Pre-Tax Income was -0.101 + -0.7 + 0.078 + -4.424 = $-5.15 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Liabilities was $0.22 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
=(25.157 - 0.222)/25.157
=0.9912

X2=Retained Earnings/Total Assets
=-14.849/25.157
=-0.5903

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-5.147 - 0)/25.157
=-0.2046

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(24.935 - 0)/0.222
=112.3198

The zones of discrimination were as such:

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

Mongolia Growth Group has a Altman Z2-Score of 121.14 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 121.14 mean?
Mongolia Growth Group (MNGGF) has a Altman Z2-Score of 121.14 as of Jun. 29, 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 Mongolia Growth Group and its competitors. This is 664% above median its historical median of 15.85. Over the past decade, Mongolia Growth Group's Altman Z2-Score has ranged from 5.69 to 121.37. According to the industry distribution chart, Mongolia Growth Group ranks #11 out of 1772 companies in the Real Estate industry, placing it in the top 0.59999999999999%.
Is Mongolia Growth Group's Altman Z2-Score too high?
Mongolia Growth Group's current Altman Z2-Score of 121.14 is 664% above median its 10-year median of 15.85. Over the past 10 years, this metric has ranged from a low of 5.69 to a high of 121.37. The Real Estate industry median Altman Z2-Score is 3.02. Mongolia Growth Group's value of 121.14 is 3911.3% above this industry median. Based on the distribution chart, Mongolia Growth Group ranks #11 out of 1772 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Mongolia Growth Group's Altman Z2-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Mongolia Growth Group ranks #11 out of 1772 companies for Altman Z2-Score. This places Mongolia Growth Group in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.02. Mongolia Growth Group's value of 121.14 is 3911.3% above this benchmark. Historically, Mongolia Growth Group's own Altman Z2-Score has ranged from 5.69 to 121.37 over the past decade. While the company's 10-year median is 15.85 vs. the industry median of 3.02, Mongolia Growth Group 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 3.02, based on 1,772 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. Mongolia Growth Group's current Altman Z2-Score of 121.14 is 3911.3% 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 Mongolia Growth Group and its competitors. For the Real Estate industry, the median Altman Z2-Score is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mongolia Growth Group's current Altman Z2-Score is 121.14, which is 664% above median its own 10-year median of 15.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mongolia Growth Group stock overvalued right now?
Mongolia Growth Group (MNGGF) has a current Altman Z2-Score of 121.14. The current Altman Z2-Score is 121.14, which is 664% above median its 10-year median of 15.85 and 3911.3% above the Real Estate industry median of 3.02. 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 Mongolia Growth Group (MNGGF), the current Altman Z2-Score is 121.14 as of Jun. 29, 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.

Mongolia Growth Group Business Description

Other Exchanges 1M80:GermanyYAK.H:Canada
Address 100 King Street West, 56th Floor Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Mongolia Growth Group Ltd is a real estate investment and development company. Company's organized segments based on the business operations which is The MGG Corporate segment manages the Company's corporate affairs, capital management and public securities portfolio. The Company's operations are conducted in one reportable operating segment: Corporate.