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 1.62 is in distress zone. This implies bankruptcy possibility in the next two years.
Charter Hall Social Infrastructure REIT has a Altman Z-Score of 1.61, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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.
Charter Hall Social Infrastructure REIT (ASX:CQE) 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.
Charter Hall Social Infrastructure REIT Altman Z-Score Chart
Charter Hall Social Infrastructure REIT Annual Data
ASX:CQE vs EQIX, AMT, DLR: Altman Z-Score Comparison
For the REIT - Specialty subindustry, Charter Hall Social Infrastructure REIT'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.
Charter Hall Social Infrastructure REIT Altman Z-Score vs REITs Industry
Charter Hall Social Infrastructure REIT 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.
Charter Hall Social Infrastructure REIT (ASX:CQE) has a Altman Z-Score of 1.61 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Charter Hall Social Infrastructure REIT and its competitors. This is 27% below median its historical median of 2.22. Over the past decade, Charter Hall Social Infrastructure REIT's Altman Z-Score has ranged from 1.27 to 2.94. According to the industry distribution chart, Charter Hall Social Infrastructure REIT ranks #226 out of 738 companies in the REITs industry, placing it in the top 30.6%.
Is Charter Hall Social Infrastructure REIT's Altman Z-Score too high?
Charter Hall Social Infrastructure REIT's current Altman Z-Score of 1.61 is 27% below median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.94. The REITs industry median Altman Z-Score is 1.09. Charter Hall Social Infrastructure REIT's value of 1.61 is 48.4% above this industry median. Based on the distribution chart, Charter Hall Social Infrastructure REIT ranks #226 out of 738 companies in the REITs industry, which is above the industry midpoint. Overall, Charter Hall Social Infrastructure REIT has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Charter Hall Social Infrastructure REIT's Altman Z-Score compare to EQIX and AMT?
According to the REITs industry distribution chart, Charter Hall Social Infrastructure REIT ranks #226 out of 738 companies for Altman Z-Score. This puts Charter Hall Social Infrastructure REIT in the upper half of its industry. The industry median Altman Z-Score is 1.09. Charter Hall Social Infrastructure REIT's value of 1.61 is 48.4% above this benchmark. Historically, Charter Hall Social Infrastructure REIT's own Altman Z-Score has ranged from 1.27 to 2.94 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 1.09, Charter Hall Social Infrastructure REIT 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 REITs company?
The median Altman Z-Score among REITs companies is 1.09, based on 738 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. Charter Hall Social Infrastructure REIT's current Altman Z-Score of 1.61 is 48.4% 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 Charter Hall Social Infrastructure REIT and its competitors. For the REITs industry, the median Altman Z-Score is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charter Hall Social Infrastructure REIT's current Altman Z-Score is 1.61, which is 27% below median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charter Hall Social Infrastructure REIT stock overvalued right now?
Based on GuruFocus' analysis, Charter Hall Social Infrastructure REIT (ASX:CQE) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.02, compared to a current price of A$2.68 — trading 11.3% below its estimated fair value. The current Altman Z-Score is 1.61, which is 27% below median its 10-year median of 2.22 and 48.4% above the REITs industry median of 1.09. Charter Hall Social Infrastructure REIT's overall GF Score™ is 78/100 with 7 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 Charter Hall Social Infrastructure REIT (ASX:CQE), the current Altman Z-Score is 1.61 as of Jun. 30, 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 Charter Hall Social Infrastructure REIT (ASX:CQE) Overvalued in 2026?
Based on GuruFocus' analysis, Charter Hall Social Infrastructure REIT stock appears to be undervalued.
The current stock price of A$2.68 is trading 11.3% below its estimated GF Value™ of A$3.02.
GuruFocus considers Charter Hall Social Infrastructure REIT to be Modestly Undervalued.
Key valuation signals for ASX:CQE:
Altman Z-Score: 1.61 (27% below median its 10-year median of 2.22)
GF Value™: A$3.02 vs. price of A$2.68 (11.3% below fair value)
Industry Position: 48.4% above the REITs median (#226 of 738)
No single metric tells the full story. See the ASX:CQE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charter Hall Social Infrastructure REIT Business Description
Charter Hall Social Infrastructure REIT leases properties to tenants offering essential community services. The property portfolio mostly consists of childcare centers, and several life sciences and healthcare, higher education, government services and transportation assets. Typically, Charter Hall Social locks in long-term leases with their tenants, baking in inflation-linked or fixed rental escalations annually. Leases are also subject to market reviews once every five years, which allows the landlord to re-calibrate rents to prevailing market rates. Most leases are "triple net", meaning tenants pay for all statutory and operating outgoings, such as land tax, repairs and maintenance. The REIT is externally managed by Charter Hall Group.
78GF Score
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