International Holdings Co PJSCADX:IHC +0.61%91 Altman Z-Score is 3.99 as of Jul. 04, 2026, which is 30% below its 10-year median of 5.66. GuruFocus rates ADX:IHC with a GF Score™ of 91/100 and a GF Value™ of د.إ621.73 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 547 Conglomerates companies, International Holdings Co PJSC ranks better than 81.17% 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.
Good Sign:
Altman Z-score of 4 is strong.
International Holdings Co PJSC has a Altman Z-Score of 3.99, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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 International Holdings Co PJSC's Altman Z-Score or its related term are showing as below:
ADX:IHC'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.63 Med: 5.66 Max: 9.34
Current: 4
During the past 13 years, International Holdings Co PJSC's highest Altman Z-Score was 9.34. The lowest was 2.63. And the median was 5.66.
International Holdings Co PJSC (ADX:IHC) 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.
* 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.
International Holdings Co PJSC Altman Z-Score Chart
For the Conglomerates subindustry, International Holdings Co PJSC'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.
International Holdings Co PJSC Altman Z-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, International Holdings Co PJSC's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where International Holdings Co PJSC's Altman Z-Score falls into.
International Holdings Co PJSC 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.
* 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.
International Holdings Co PJSC (ADX:IHC) has a Altman Z-Score of 3.99 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on International Holdings Co PJSC and its competitors. This is 30% below median its historical median of 5.66. Over the past decade, International Holdings Co PJSC's Altman Z-Score has ranged from 2.63 to 9.34. According to the industry distribution chart, International Holdings Co PJSC ranks #103 out of 547 companies in the Conglomerates industry, placing it in the top 18.8%.
Is International Holdings Co PJSC's Altman Z-Score too high?
International Holdings Co PJSC's current Altman Z-Score of 3.99 is 30% below median its 10-year median of 5.66. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 9.34. The Conglomerates industry median Altman Z-Score is 2.07. International Holdings Co PJSC's value of 3.99 is 92.8% above this industry median. Based on the distribution chart, International Holdings Co PJSC ranks #103 out of 547 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, International Holdings Co PJSC has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Holdings Co PJSC's Altman Z-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, International Holdings Co PJSC ranks #103 out of 547 companies for Altman Z-Score. This places International Holdings Co PJSC in the top 19% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.07. International Holdings Co PJSC's value of 3.99 is 92.8% above this benchmark. Historically, International Holdings Co PJSC's own Altman Z-Score has ranged from 2.63 to 9.34 over the past decade. While the company's 10-year median is 5.66 vs. the industry median of 2.07, International Holdings Co PJSC has consistently been above 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 Conglomerates company?
The median Altman Z-Score among Conglomerates companies is 2.07, based on 547 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. International Holdings Co PJSC's current Altman Z-Score of 3.99 is 92.8% above 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 International Holdings Co PJSC and its competitors. For the Conglomerates industry, the median Altman Z-Score is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Holdings Co PJSC's current Altman Z-Score is 3.99, which is 30% below median its own 10-year median of 5.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Holdings Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, International Holdings Co PJSC (ADX:IHC) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ621.73, compared to a current price of د.إ382.30 — trading 38.5% below its estimated fair value. The current Altman Z-Score is 3.99, which is 30% below median its 10-year median of 5.66 and 92.8% above the Conglomerates industry median of 2.07. International Holdings Co PJSC's overall GF Score™ is 91/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For International Holdings Co PJSC (ADX:IHC), the current Altman Z-Score is 3.99 as of Jul. 04, 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 International Holdings Co PJSC (ADX:IHC) Overvalued in 2026?
Based on GuruFocus' analysis, International Holdings Co PJSC stock appears to be undervalued.
The current stock price of د.إ382.30 is trading 38.5% below its estimated GF Value™ of د.إ621.73.
GuruFocus considers International Holdings Co PJSC to be Significantly Undervalued.
Key valuation signals for ADX:IHC:
Altman Z-Score: 3.99 (30% below median its 10-year median of 5.66)
GF Value™: د.إ621.73 vs. price of د.إ382.30 (38.5% below fair value)
Industry Position: 92.8% above the Conglomerates median (#103 of 547)
No single metric tells the full story. See the ADX:IHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Holdings Co PJSC Business Description
International Holdings Co PJSC is a United Arab Emirates-based public joint stock company. The group, along with its subsidiaries, is engaged in management services and investing in diversified projects; trading and importing of food items; the sale of poultry products, and others. The company is organized into business segments as follows: Real estate and construction, Food, Technology, Financial services, Marine and dredging, Hospitality and leisure, Energy, Services, and other segments. It generates the majority of its revenue from the Real estate and construction segment.
91GF Score
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