Burjeel Holdings (ADX:BURJEEL) Altman Z-Score: 2.43 (As of Jul. 18, 2026) — 25% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADX:BURJEEL Burjeel Holdings PLC ADX:BURJEEL
79 GF Score
Price د.إ1.07
GF Value د.إ2.54
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Burjeel Holdings Altman Z-Score?

Burjeel Holdings ADX:BURJEEL +2.88% 79 Altman Z-Score is 2.43 as of Jul. 18, 2026, which is 25% below its 10-year median of 3.26. GuruFocus rates ADX:BURJEEL with a GF Score™ of 79/100 and a GF Value™ of د.إ2.54 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 659 Healthcare Providers & Services companies, Burjeel Holdings ranks better than 50.08% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 2.45 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Burjeel Holdings has a Altman Z-Score of 2.43, indicating it is in Grey Zones. This implies that Burjeel Holdings is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Burjeel Holdings's Altman Z-Score or its related term are showing as below:

ADX:BURJEEL' s Altman Z-Score Range Over the Past 10 Years
Min: 2.42   Med: 3.26   Max: 4.32
Current: 2.45

During the past 7 years, Burjeel Holdings's highest Altman Z-Score was 4.32. The lowest was 2.42. And the median was 3.26.


Burjeel Holdings  (ADX:BURJEEL) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Burjeel Holdings Altman Z-Score Related Terms


Burjeel Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Burjeel Holdings's Altman Z-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.

Burjeel Holdings Altman Z-Score Chart

Burjeel Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 3.01 4.32 3.06 2.56

Burjeel Holdings Quarterly Data
Mar21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 2.47 2.48 2.49 2.56 2.42

ADX:BURJEEL vs HCA, THC, DVA: Altman Z-Score Comparison

For the Medical Care Facilities subindustry, Burjeel Holdings's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Burjeel Holdings Altman Z-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Burjeel Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Burjeel Holdings's Altman Z-Score falls into.


ADX:BURJEEL
79GF Score
Burjeel Holdings PLC ADX:BURJEEL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Burjeel Holdings Altman Z-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.

Burjeel Holdings's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.1951+1.4*0.1894+3.3*0.1085+0.6*1.2611+1.0*0.8117
=2.43

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was د.إ6,616 Mil.
Total Current Assets was د.إ3,028 Mil.
Total Current Liabilities was د.إ1,737 Mil.
Retained Earnings was د.إ1,253 Mil.
Pre-Tax Income was 65.041 + 138.656 + 193.985 + 163.532 = د.إ561 Mil.
Interest Expense was -38.838 + -37.434 + -36.977 + -43.233 = د.إ-156 Mil.
Revenue was 1302.471 + 1348.802 + 1346.239 + 1372.588 = د.إ5,370 Mil.
Market Cap (Today) was د.إ5,569 Mil.
Total Liabilities was د.إ4,416 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
=(3027.653 - 1736.72)/6615.815
=0.1951

X2=Retained Earnings/Total Assets
=1252.921/6615.815
=0.1894

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(561.214 - -156.482)/6615.815
=0.1085

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5569.494/4416.484
=1.2611

X5=Revenue/Total Assets
=5370.1/6615.815
=0.8117

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Burjeel Holdings has a Altman Z-Score of 2.43 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 2.43 mean?
Burjeel Holdings (ADX:BURJEEL) has a Altman Z-Score of 2.43 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Burjeel Holdings and its competitors. This is 25% below median its historical median of 3.26. Over the past decade, Burjeel Holdings' Altman Z-Score has ranged from 2.42 to 4.32. According to the industry distribution chart, Burjeel Holdings ranks #329 out of 659 companies in the Healthcare Providers & Services industry, placing it in the top 49.9%.
Is Burjeel Holdings' Altman Z-Score too high?
Burjeel Holdings' current Altman Z-Score of 2.43 is 25% below median its 10-year median of 3.26. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 4.32. The Healthcare Providers & Services industry median Altman Z-Score is 2.45. Burjeel Holdings' value of 2.43 is 0.8% below this industry median. Based on the distribution chart, Burjeel Holdings ranks #329 out of 659 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Burjeel Holdings has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Burjeel Holdings' Altman Z-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Burjeel Holdings ranks #329 out of 659 companies for Altman Z-Score. This puts Burjeel Holdings in the upper half of its industry. The industry median Altman Z-Score is 2.45. Burjeel Holdings' value of 2.43 is 0.8% below this benchmark. Historically, Burjeel Holdings' own Altman Z-Score has ranged from 2.42 to 4.32 over the past decade. While the company's 10-year median is 3.26 vs. the industry median of 2.45, Burjeel Holdings 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 Z-Score for a Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.45, based on 659 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Burjeel Holdings's current Altman Z-Score of 2.43 is 0.8% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Burjeel Holdings and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burjeel Holdings's current Altman Z-Score is 2.43, which is 25% below median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burjeel Holdings stock overvalued right now?
Based on GuruFocus' analysis, Burjeel Holdings (ADX:BURJEEL) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ2.54, compared to a current price of د.إ1.07 — trading 57.9% below its estimated fair value. The current Altman Z-Score is 2.43, which is 25% below median its 10-year median of 3.26 and 0.8% below the Healthcare Providers & Services industry median of 2.45. Burjeel Holdings' overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Burjeel Holdings (ADX:BURJEEL), the current Altman Z-Score is 2.43 as of Jul. 18, 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 Burjeel Holdings (ADX:BURJEEL) Overvalued in 2026?

Based on GuruFocus' analysis, Burjeel Holdings stock appears to be undervalued. The current stock price of د.إ1.07 is trading 57.9% below its estimated GF Value™ of د.إ2.54. GuruFocus considers Burjeel Holdings to be Significantly Undervalued.

Key valuation signals for ADX:BURJEEL:

  • Altman Z-Score: 2.43 (25% below median its 10-year median of 3.26)
  • GF Value™: د.إ2.54 vs. price of د.إ1.07 (57.9% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 0.8% below the Healthcare Providers & Services median (#329 of 659)

No single metric tells the full story. See the ADX:BURJEEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Burjeel Holdings Business Description

Address 402-D02, Abu Dhabi Global Market Square, 15th Floor, Al Sarab Tower, Maryah Island, Abu Dhabi, ARE
Burjeel Holdings PLC is a healthcare service provider. Along with its subsidiaries, it provides multi-specialty hospitals, medical, surgical and dental services, and the sale of pharmaceutical goods and medical equipment. The group's reportable segments are Hospitals, Medical Centre, Pharmacies, and Others. Maximum revenue for the group is derived from the Hospitals segment, which includes entities that provide inpatient, day-care services, and outpatient services to patients to diagnosis the disease and offer medical and surgical treatment as part of in-patient services. Geographically it derives maximum revenue from its customers in the United Arab Emirates, followed by the Sultanate of Oman and the Kingdom of Saudi Arabia.
79GF Score

Get the complete analysis for ADX:BURJEEL

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

د.إ1.07
Price
د.إ2.54
GF Value