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.
China Merchants Port Holdings Co has a Altman Z2-Score of 2.42, indicating it is in Grey Zones. This implies that China Merchants Port Holdings Co 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 China Merchants Port Holdings Co's Altman Z2-Score or its related term are showing as below:
STU:CPM'
s Altman Z2-Score Range Over the Past 10 Years
Min: 2.01 Med: 2.36 Max: 2.65
Current: 2.42
During the past 13 years, China Merchants Port Holdings Co's highest Altman Z2-Score was 2.65. The lowest was 2.01. And the median was 2.36.
China Merchants Port Holdings Co (STU:CPM) 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.
* 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.
China Merchants Port Holdings Co Altman Z2-Score Chart
China Merchants Port Holdings Co Altman Z2-Score Competitor Comparison
For the Marine Shipping subindustry, China Merchants Port Holdings Co'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.
China Merchants Port Holdings Co Altman Z2-Score vs Transportation Industry
For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where China Merchants Port Holdings Co's Altman Z2-Score falls into.
China Merchants Port Holdings Co 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.
* 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.
China Merchants Port Holdings Co (STU:CPM) has a Altman Z2-Score of 2.42 as of Jul. 01, 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 China Merchants Port Holdings Co and its competitors. This is near median its historical median of 2.36. Over the past decade, China Merchants Port Holdings Co's Altman Z2-Score has ranged from 2.01 to 2.65. According to the industry distribution chart, China Merchants Port Holdings Co ranks #567 out of 998 companies in the Transportation industry, placing it in the top 56.8%.
Is China Merchants Port Holdings Co's Altman Z2-Score too high?
China Merchants Port Holdings Co's current Altman Z2-Score of 2.42 is near median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 2.65. The Transportation industry median Altman Z2-Score is 2.93. China Merchants Port Holdings Co's value of 2.42 is 17.3% below this industry median. Based on the distribution chart, China Merchants Port Holdings Co ranks #567 out of 998 companies in the Transportation industry, which is below the industry midpoint. Overall, China Merchants Port Holdings Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Port Holdings Co's Altman Z2-Score compare to competitors?
According to the Transportation industry distribution chart, China Merchants Port Holdings Co ranks #567 out of 998 companies for Altman Z2-Score. This places China Merchants Port Holdings Co in the lower half of its industry. The industry median Altman Z2-Score is 2.93. China Merchants Port Holdings Co's value of 2.42 is 17.3% below this benchmark. Historically, China Merchants Port Holdings Co's own Altman Z2-Score has ranged from 2.01 to 2.65 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 2.93, China Merchants Port Holdings Co 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 Transportation company?
The median Altman Z2-Score among Transportation companies is 2.93, based on 998 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. China Merchants Port Holdings Co's current Altman Z2-Score of 2.42 is 17.3% 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 China Merchants Port Holdings Co and its competitors. For the Transportation industry, the median Altman Z2-Score is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Port Holdings Co's current Altman Z2-Score is 2.42, which is near median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Port Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Port Holdings Co (STU:CPM) is currently considered Fairly Valued. The stock's GF Value™ is €1.52, compared to a current price of €1.38 — trading 9.3% below its estimated fair value. The current Altman Z2-Score is 2.42, which is near median its 10-year median of 2.36 and 17.3% below the Transportation industry median of 2.93. China Merchants Port Holdings Co's overall GF Score™ is 84/100 with 3 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 China Merchants Port Holdings Co (STU:CPM), the current Altman Z2-Score is 2.42 as of Jul. 01, 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 China Merchants Port Holdings Co (STU:CPM) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Port Holdings Co stock appears to be undervalued.
The current stock price of €1.38 is trading 9.3% below its estimated GF Value™ of €1.52.
GuruFocus considers China Merchants Port Holdings Co to be Fairly Valued.
Key valuation signals for STU:CPM:
Altman Z2-Score: 2.42 (near median its 10-year median of 2.36)
GF Value™: €1.52 vs. price of €1.38 (9.3% below fair value)
Industry Position: 17.3% below the Transportation median (#567 of 998)
No single metric tells the full story. See the STU:CPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Port Holdings Co Business Description
China Merchants Port Holdings Co Ltd is a port service provider principally engaged in port operations, bonded logistics operations, and property investment. Its segments are port operations, bonded logistics operations, and other operations. Port operations generate maximum revenue, including container terminal operations and bulk and general cargo terminal operations conducted by the Group, its associates, and joint ventures across Mainland China, Hong Kong, and Taiwan, as well as other international locations. Bonded logistics operations include logistics park operations, port transportation, and airport cargo handling. Other operations mainly include property development and investment, logistics operations by associates, and corporate functions.
84GF Score
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