Gemlife Communities GroupASX:GLF -1.93%18 Altman Z-Score is 2.25 as of Jun. 24, 2026, which is 9% below its 10-year median of 2.46. GuruFocus rates ASX:GLF with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,732 Real Estate companies, Gemlife Communities Group ranks better than 75.87% 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 2.32 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.
Gemlife Communities Group has a Altman Z-Score of 2.25, indicating it is in Grey Zones. This implies that Gemlife Communities Group 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 Gemlife Communities Group's Altman Z-Score or its related term are showing as below:
ASX:GLF'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.32 Med: 2.46 Max: 2.46
Current: 2.32
During the past 4 years, Gemlife Communities Group's highest Altman Z-Score was 2.46. The lowest was 2.32. And the median was 2.46.
Gemlife Communities Group (ASX:GLF) 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.
Gemlife Communities Group Altman Z-Score Chart
Gemlife Communities Group Annual Data
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Altman Z-Score
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2.46
Gemlife Communities Group Semi-Annual Data
Dec22
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Altman Z-Score
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2.46
Gemlife Communities Group Altman Z-Score Competitor Comparison
For the Real Estate - Development subindustry, Gemlife Communities Group'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.
Gemlife Communities Group Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Gemlife Communities Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Gemlife Communities Group's Altman Z-Score falls into.
Gemlife Communities Group 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.
Gemlife Communities Group (ASX:GLF) has a Altman Z-Score of 2.25 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Gemlife Communities Group and its competitors. This is near median its historical median of 2.46. Over the past decade, Gemlife Communities Group's Altman Z-Score has ranged from 2.32 to 2.46. According to the industry distribution chart, Gemlife Communities Group ranks #418 out of 1732 companies in the Real Estate industry, placing it in the top 24.1%.
Is Gemlife Communities Group's Altman Z-Score too high?
Gemlife Communities Group's current Altman Z-Score of 2.25 is near median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 2.46. The Real Estate industry median Altman Z-Score is 1.29. Gemlife Communities Group's value of 2.25 is 74.4% above this industry median. Based on the distribution chart, Gemlife Communities Group ranks #418 out of 1732 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Gemlife Communities Group has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Gemlife Communities Group's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Gemlife Communities Group ranks #418 out of 1732 companies for Altman Z-Score. This places Gemlife Communities Group in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.29. Gemlife Communities Group's value of 2.25 is 74.4% above this benchmark. Historically, Gemlife Communities Group's own Altman Z-Score has ranged from 2.32 to 2.46 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 1.29, Gemlife Communities Group 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.29, based on 1,732 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. Gemlife Communities Group's current Altman Z-Score of 2.25 is 74.4% 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 Gemlife Communities Group and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gemlife Communities Group's current Altman Z-Score is 2.25, which is near median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemlife Communities Group stock overvalued right now?
Gemlife Communities Group (ASX:GLF) has a current Altman Z-Score of 2.25. The current Altman Z-Score is 2.25, which is near median its 10-year median of 2.46 and 74.4% above the Real Estate industry median of 1.29. Gemlife Communities Group's overall GF Score™ is 18/100 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 Gemlife Communities Group (ASX:GLF), the current Altman Z-Score is 2.25 as of Jun. 24, 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.
GemLife Communities Group is a developer, builder, owner, and operator within Australia's Land Lease Community (LLC) sector. It provides premium resort-style living for homeowners aged 50 and over, designed to support a high-quality, active, and socially engaged lifestyle. GemLife focuses on delivering master-planned residential communities to senior downsizers, with homes that are low-maintenance and equipped with recreational and leisure facilities to support community-oriented living. It has two reportable segments: Development and Community Operations. Maximum revenue is generated from the Development segment, which develops the land and sells the home on behalf of the landowner. The Community Operations segment is responsible for the maintenance of the common areas of the communities.
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