SOHO ChinaSOHOF 36 Altman Z2-Score is 2.29 as of Jun. 29, 2026, which is 70% above its 10-year median of 1.35. GuruFocus rates SOHOF with a GF Score™ of 36/100 and a GF Value™ of $0.07 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,772 Real Estate companies, SOHO China ranks worse than 60.89% 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.
SOHO China has a Altman Z2-Score of 2.29, indicating it is in Grey Zones. This implies that SOHO China 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 SOHO China's Altman Z2-Score or its related term are showing as below:
SOHOF'
s Altman Z2-Score Range Over the Past 10 Years
Min: -0.15 Med: 1.35 Max: 2.34
Current: 2.29
During the past 13 years, SOHO China's highest Altman Z2-Score was 2.34. The lowest was -0.15. And the median was 1.35.
SOHO China (OTCPK:SOHOF) 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.
Altman Z2-Score does not apply to financial companies.
SOHO China Altman Z2-Score Related Terms
SOHO China Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for SOHO China'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.
SOHOF vs CBRE, BEKE, JLL: Altman Z2-Score Comparison
For the Real Estate Services subindustry, SOHO China'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.
SOHO China Altman Z2-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, SOHO China's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where SOHO China'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.
SOHO China'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
*
-0.1126
+
3.26
*
0.5375
+
6.72
*
0.0082
+
1.05
*
1.1618
=
2.29
* 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.
SOHO China (SOHOF) has a Altman Z2-Score of 2.29 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 SOHO China and its competitors. This is 70% above median its historical median of 1.35. According to the industry distribution chart, SOHO China ranks #1079 out of 1772 companies in the Real Estate industry, placing it in the top 60.9%.
Is SOHO China's Altman Z2-Score too high?
SOHO China's current Altman Z2-Score of 2.29 is 70% above median its 10-year median of 1.35. The Real Estate industry median Altman Z2-Score is 3.02. SOHO China's value of 2.29 is 24.2% below this industry median. Based on the distribution chart, SOHO China ranks #1079 out of 1772 companies in the Real Estate industry, which is below the industry midpoint. Overall, SOHO China has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SOHO China's Altman Z2-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, SOHO China ranks #1079 out of 1772 companies for Altman Z2-Score. This places SOHO China in the lower half of its industry. The industry median Altman Z2-Score is 3.02. SOHO China's value of 2.29 is 24.2% below this benchmark. While the company's 10-year median is 1.35 vs. the industry median of 3.02, SOHO China 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 3.02, 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. SOHO China's current Altman Z2-Score of 2.29 is 24.2% 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 SOHO China 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. SOHO China's current Altman Z2-Score is 2.29, which is 70% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOHO China stock overvalued right now?
Based on GuruFocus' analysis, SOHO China (SOHOF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.07, compared to a current price of $0.05 — trading 33.6% below its estimated fair value. The current Altman Z2-Score is 2.29, which is 70% above median its 10-year median of 1.35 and 24.2% below the Real Estate industry median of 3.02. SOHO China's overall GF Score™ is 36/100 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 SOHO China (SOHOF), the current Altman Z2-Score is 2.29 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.
Is SOHO China (SOHOF) Overvalued in 2026?
Based on GuruFocus' analysis, SOHO China stock appears to be undervalued.
The current stock price of $0.05 is trading 33.6% below its estimated GF Value™ of $0.07.
GuruFocus considers SOHO China to be Possible Value Trap.
Key valuation signals for SOHOF:
Altman Z2-Score: 2.29 (70% above median its 10-year median of 1.35)
GF Value™: $0.07 vs. price of $0.05 (33.6% below fair value)
Industry Position: 24.2% below the Real Estate median (#1079 of 1772)
No single metric tells the full story. See the SOHOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SOHO China Ltd is engaged in the provision of property leasing and related services, and real estate development in the People's Republic of China. Its properties include Lize SOHO, Gubei SOHO, Wangjing SOHO, Galaxy SOHO, Lingkong SOHO, Commune at the foot of the Great Wall, Bund SOHO, SOHO Fuxing Plaza, SOHO Tianshan Plaza, Qianmen Street, Sanlitun SOHO, Guanghua Road SOHO II, Jianwai SOHO, SOHO Shangdu, Boao Blue Coast, Chaowai SOHO, SOHO Donghai Plaza, SOHO Zhongshan Plaza, Zhongguancun SOHO, SOHO Jiasheng Center, SOHO Modern City, Yangzheng Kindergarten, and others. It focuses on commercial properties in the core areas of Beijing and Shanghai that will benefit from an appreciation in value. All of its rental income is derived from China.
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