Swiss Properties Invest AS (OCSE:SWISS) Altman Z2-Score: 1.47 (As of Jul. 12, 2026) — Near Median


OCSE:SWISS Swiss Properties Invest AS OCSE:SWISS
29 GF Score
Price kr104.00
! 6 Warning Signs
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What is Swiss Properties Invest AS Altman Z2-Score?

Swiss Properties Invest AS OCSE:SWISS 29 Altman Z2-Score is 1.47 as of Jul. 12, 2026, which is at its 10-year median of 1.47. GuruFocus rates OCSE:SWISS with a GF Score™ of 29/100. The stock has 6 warning signs investors should review. Among 1,775 Real Estate companies, Swiss Properties Invest AS ranks worse than 70.99% 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.

Swiss Properties Invest AS has a Altman Z2-Score of 1.47, indicating it is in Grey Zones. This implies that Swiss Properties Invest AS 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 Swiss Properties Invest AS's Altman Z2-Score or its related term are showing as below:

OCSE:SWISS' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.86   Med: 1.47   Max: 35.01
Current: 1.47

During the past 5 years, Swiss Properties Invest AS's highest Altman Z2-Score was 35.01. The lowest was -0.86. And the median was 1.47.


Swiss Properties Invest AS  (OCSE:SWISS) 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.


Swiss Properties Invest AS Altman Z2-Score Related Terms


Swiss Properties Invest AS Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Swiss Properties Invest AS'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.

Swiss Properties Invest AS Altman Z2-Score Chart

Swiss Properties Invest AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
35.01 -0.86 1.15 1.63 1.47

Swiss Properties Invest AS Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only 1.15 0.00 1.63 0.00 1.47

OCSE:SWISS vs CBRE, BEKE, JLL: Altman Z2-Score Comparison

For the Real Estate Services subindustry, Swiss Properties Invest AS'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.


Swiss Properties Invest AS Altman Z2-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Swiss Properties Invest AS's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Swiss Properties Invest AS's Altman Z2-Score falls into.


OCSE:SWISS
29GF Score
Swiss Properties Invest AS OCSE:SWISS
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Swiss Properties Invest AS 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.

Swiss Properties Invest AS'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*0.0004+3.26*0.1169+6.72*0.0457+1.05*0.7424
=1.47

* 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 Dec. 2025:
Total Assets was kr791.21 Mil.
Total Current Assets was kr14.37 Mil.
Total Current Liabilities was kr14.04 Mil.
Retained Earnings was kr92.51 Mil.
Pre-Tax Income was kr29.62 Mil.
Interest Expense was kr-6.58 Mil.
Total Liabilities was kr454.08 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
=(14.366 - 14.037)/791.208
=0.0004

X2=Retained Earnings/Total Assets
=92.512/791.208
=0.1169

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(29.615 - -6.581)/791.208
=0.0457

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(337.13 - 0)/454.078
=0.7424

The zones of discrimination were as such:

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

Swiss Properties Invest AS has a Altman Z2-Score of 1.47 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.47 mean?
Swiss Properties Invest AS (OCSE:SWISS) has a Altman Z2-Score of 1.47 as of Jul. 12, 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 Swiss Properties Invest AS and its competitors. This is near median its historical median of 1.47. According to the industry distribution chart, Swiss Properties Invest AS ranks #1260 out of 1775 companies in the Real Estate industry, placing it in the top 71%.
Is Swiss Properties Invest AS's Altman Z2-Score too high?
Swiss Properties Invest AS's current Altman Z2-Score of 1.47 is near median its 10-year median of 1.47. The Real Estate industry median Altman Z2-Score is 3.01. Swiss Properties Invest AS's value of 1.47 is 51.2% below this industry median. Based on the distribution chart, Swiss Properties Invest AS ranks #1260 out of 1775 companies in the Real Estate industry, which is below the industry midpoint. Overall, Swiss Properties Invest AS has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Swiss Properties Invest AS's Altman Z2-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Swiss Properties Invest AS ranks #1260 out of 1775 companies for Altman Z2-Score. This places Swiss Properties Invest AS in the lower half of its industry. The industry median Altman Z2-Score is 3.01. Swiss Properties Invest AS's value of 1.47 is 51.2% below this benchmark. While the company's 10-year median is 1.47 vs. the industry median of 3.01, Swiss Properties Invest AS has consistently been below 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 3.01, based on 1,775 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. Swiss Properties Invest AS's current Altman Z2-Score of 1.47 is 51.2% below 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 Swiss Properties Invest AS and its competitors. For the Real Estate industry, the median Altman Z2-Score is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiss Properties Invest AS's current Altman Z2-Score is 1.47, which is near median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Properties Invest AS stock overvalued right now?
Swiss Properties Invest AS (OCSE:SWISS) has a current Altman Z2-Score of 1.47. The current Altman Z2-Score is 1.47, which is near median its 10-year median of 1.47 and 51.2% below the Real Estate industry median of 3.01. Swiss Properties Invest AS's overall GF Score™ is 29/100 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 Swiss Properties Invest AS (OCSE:SWISS), the current Altman Z2-Score is 1.47 as of Jul. 12, 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.

Swiss Properties Invest AS Business Description

Address Schleppegrellsgade 8, kl, Kobenhavn N, DNK, 2200
Swiss Properties Invest AS is the Danish holding company of its wholly owned subsidiary that owns, operates, optimizes, and develops a portfolio of attractive commercial properties for renting out commercial space in selected regions in Switzerland with the purpose of creating shareholder value for its investors.
29GF Score

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

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