Parkit EnterprisePKTED +2.42%47 Altman Z2-Score is 2.02 as of Jun. 24, 2026, which is 82% below its 10-year median of 11.45. GuruFocus rates PKTED with a GF Score™ of 47/100 and a GF Value™ of $0.39 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,768 Real Estate companies, Parkit Enterprise ranks worse than 64.59% 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.
Parkit Enterprise has a Altman Z2-Score of 2.02, indicating it is in Grey Zones. This implies that Parkit Enterprise 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 Parkit Enterprise's Altman Z2-Score or its related term are showing as below:
PKTED'
s Altman Z2-Score Range Over the Past 10 Years
Min: -0.79 Med: 11.45 Max: 2267.49
Current: 2.02
During the past 13 years, Parkit Enterprise's highest Altman Z2-Score was 2267.49. The lowest was -0.79. And the median was 11.45.
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.
Altman Z2-Score does not apply to financial companies.
Parkit Enterprise Altman Z2-Score Related Terms
Parkit Enterprise Altman Z2-Score Historical Data
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The historical data trend for Parkit Enterprise'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.
For the Real Estate Services subindustry, Parkit Enterprise'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.
Parkit Enterprise Altman Z2-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Parkit Enterprise's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Parkit Enterprise's Altman Z2-Score falls into.
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.
Parkit Enterprise'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
*
0.0183
+
3.26
*
0.0013
+
6.72
*
0.11
+
1.05
*
1.1043
=
2.02
* 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.
Parkit Enterprise (PKTED) has a Altman Z2-Score of 2.02 as of Jun. 24, 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 Parkit Enterprise and its competitors. This is 82% below median its historical median of 11.45. According to the industry distribution chart, Parkit Enterprise ranks #1142 out of 1768 companies in the Real Estate industry, placing it in the top 64.6%.
Is Parkit Enterprise's Altman Z2-Score too high?
Parkit Enterprise's current Altman Z2-Score of 2.02 is 82% below median its 10-year median of 11.45. The Real Estate industry median Altman Z2-Score is 3.01. Parkit Enterprise's value of 2.02 is 32.9% below this industry median. Based on the distribution chart, Parkit Enterprise ranks #1142 out of 1768 companies in the Real Estate industry, which is below the industry midpoint. Overall, Parkit Enterprise has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parkit Enterprise's Altman Z2-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Parkit Enterprise ranks #1142 out of 1768 companies for Altman Z2-Score. This places Parkit Enterprise in the lower half of its industry. The industry median Altman Z2-Score is 3.01. Parkit Enterprise's value of 2.02 is 32.9% below this benchmark. While the company's 10-year median is 11.45 vs. the industry median of 3.01, Parkit Enterprise 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 1,768 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. Parkit Enterprise's current Altman Z2-Score of 2.02 is 32.9% 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 Parkit Enterprise 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. Parkit Enterprise's current Altman Z2-Score is 2.02, which is 82% below median its own 10-year median of 11.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parkit Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Parkit Enterprise (PKTED) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.39, compared to a current price of $6.50 — trading 1566.7% above its estimated fair value. The current Altman Z2-Score is 2.02, which is 82% below median its 10-year median of 11.45 and 32.9% below the Real Estate industry median of 3.01. Parkit Enterprise's overall GF Score™ is 47/100 with 8 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 Parkit Enterprise (PKTED), the current Altman Z2-Score is 2.02 as of Jun. 24, 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 Parkit Enterprise (PKTED) Overvalued in 2026?
Based on GuruFocus' analysis, Parkit Enterprise stock appears to be overvalued.
The current stock price of $6.50 is trading 1566.7% above its estimated GF Value™ of $0.39.
GuruFocus considers Parkit Enterprise to be Significantly Overvalued.
Key valuation signals for PKTED:
Altman Z2-Score: 2.02 (82% below median its 10-year median of 11.45)
GF Value™: $0.39 vs. price of $6.50 (1566.7% above fair value)
Industry Position: 32.9% below the Real Estate median (#1142 of 1768)
No single metric tells the full story. See the PKTED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parkit Enterprise Inc is an investment real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada; and Parking Properties which involves the acquisition and management of income producing parking facilities across the United States. Majority of the company's revenue is from Investment Properties. The company only operates in Canada and the United States.
47GF Score
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