Bahrain Cinema Co BSC (BAH:CINECO) Altman Z-Score: 1.66 (As of Jul. 07, 2026) — 22% Below Median


BAH:CINECO Bahrain Cinema Co BSC BAH:CINECO
32 GF Score
Price BHD0.20
GF Value BHD0.17
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Bahrain Cinema Co BSC Altman Z-Score?

Bahrain Cinema Co BSC BAH:CINECO 32 Altman Z-Score is 1.66 as of Jul. 07, 2026, which is 22% below its 10-year median of 2.14. GuruFocus rates BAH:CINECO with a GF Score™ of 32/100 and a GF Value™ of BHD0.17 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,009 Media - Diversified companies, Bahrain Cinema Co BSC ranks worse than 56.1% 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 1.66 is in distress zone. This implies bankruptcy possibility in the next two years.

Bahrain Cinema Co BSC has a Altman Z-Score of 1.66, 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.

The historical rank and industry rank for Bahrain Cinema Co BSC's Altman Z-Score or its related term are showing as below:

BAH:CINECO' s Altman Z-Score Range Over the Past 10 Years
Min: 0.24   Med: 2.14   Max: 13.66
Current: 1.66

During the past 13 years, Bahrain Cinema Co BSC's highest Altman Z-Score was 13.66. The lowest was 0.24. And the median was 2.14.


Bahrain Cinema Co BSC  (BAH:CINECO) 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.


Bahrain Cinema Co BSC Altman Z-Score Related Terms


Bahrain Cinema Co BSC Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Bahrain Cinema Co BSC'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.

Bahrain Cinema Co BSC Altman Z-Score Chart

Bahrain Cinema Co BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 1.78 1.53 0.38 1.84

Bahrain Cinema Co BSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only 0.24 0.38 0.43 1.84 1.70

BAH:CINECO vs NFLX, DIS, WBD: Altman Z-Score Comparison

For the Entertainment subindustry, Bahrain Cinema Co BSC'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.


Bahrain Cinema Co BSC Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bahrain Cinema Co BSC's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Bahrain Cinema Co BSC's Altman Z-Score falls into.


BAH:CINECO
32GF Score
Bahrain Cinema Co BSC BAH:CINECO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Bahrain Cinema Co BSC 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.

Bahrain Cinema Co BSC'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*-0.0059+1.4*0.4349+3.3*0.0193+0.6*1.538+1.0*0.0707
=1.66

* 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 BHD48.19 Mil.
Total Current Assets was BHD2.80 Mil.
Total Current Liabilities was BHD3.08 Mil.
Retained Earnings was BHD20.96 Mil.
Pre-Tax Income was -0.63 + 0.78 + 0.298 + 0.398 = BHD0.85 Mil.
Interest Expense was -0.019 + -0.01 + -0.026 + -0.027 = BHD-0.08 Mil.
Revenue was 0.682 + 0.809 + 0.965 + 0.951 = BHD3.41 Mil.
Market Cap (Today) was BHD15.23 Mil.
Total Liabilities was BHD9.90 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
=(2.797 - 3.081)/48.185
=-0.0059

X2=Retained Earnings/Total Assets
=20.955/48.185
=0.4349

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.846 - -0.082)/48.185
=0.0193

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=15.231/9.903
=1.538

X5=Revenue/Total Assets
=3.407/48.185
=0.0707

The zones of discrimination were as such:

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

Bahrain Cinema Co BSC has a Altman Z-Score of 1.66 indicating it is in Distress 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 1.66 mean?
Bahrain Cinema Co BSC (BAH:CINECO) has a Altman Z-Score of 1.66 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bahrain Cinema Co BSC and its competitors. This is 22% below median its historical median of 2.14. Over the past decade, Bahrain Cinema Co BSC's Altman Z-Score has ranged from 0.24 to 13.66. According to the industry distribution chart, Bahrain Cinema Co BSC ranks #566 out of 1009 companies in the Media - Diversified industry, placing it in the top 56.1%.
Is Bahrain Cinema Co BSC's Altman Z-Score too high?
Bahrain Cinema Co BSC's current Altman Z-Score of 1.66 is 22% below median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 13.66. The Media - Diversified industry median Altman Z-Score is 1.97. Bahrain Cinema Co BSC's value of 1.66 is 15.7% below this industry median. Based on the distribution chart, Bahrain Cinema Co BSC ranks #566 out of 1009 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Bahrain Cinema Co BSC has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bahrain Cinema Co BSC's Altman Z-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Bahrain Cinema Co BSC ranks #566 out of 1009 companies for Altman Z-Score. This places Bahrain Cinema Co BSC in the lower half of its industry. The industry median Altman Z-Score is 1.97. Bahrain Cinema Co BSC's value of 1.66 is 15.7% below this benchmark. Historically, Bahrain Cinema Co BSC's own Altman Z-Score has ranged from 0.24 to 13.66 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.97, Bahrain Cinema Co BSC 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.97, based on 1,009 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. Bahrain Cinema Co BSC's current Altman Z-Score of 1.66 is 15.7% 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 Bahrain Cinema Co BSC and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bahrain Cinema Co BSC's current Altman Z-Score is 1.66, which is 22% below median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bahrain Cinema Co BSC stock overvalued right now?
Based on GuruFocus' analysis, Bahrain Cinema Co BSC (BAH:CINECO) is currently considered Modestly Overvalued. The stock's GF Value™ is BHD0.17, compared to a current price of BHD0.20 — trading 17.6% above its estimated fair value. The current Altman Z-Score is 1.66, which is 22% below median its 10-year median of 2.14 and 15.7% below the Media - Diversified industry median of 1.97. Bahrain Cinema Co BSC's overall GF Score™ is 32/100 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 Bahrain Cinema Co BSC (BAH:CINECO), the current Altman Z-Score is 1.66 as of Jul. 07, 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 Bahrain Cinema Co BSC (BAH:CINECO) Overvalued in 2026?

Based on GuruFocus' analysis, Bahrain Cinema Co BSC stock appears to be overvalued. The current stock price of BHD0.20 is trading 17.6% above its estimated GF Value™ of BHD0.17. GuruFocus considers Bahrain Cinema Co BSC to be Modestly Overvalued.

Key valuation signals for BAH:CINECO:

  • Altman Z-Score: 1.66 (22% below median its 10-year median of 2.14)
  • GF Value™: BHD0.17 vs. price of BHD0.20 (17.6% above fair value)
  • GF Score™: 32/100 with 7 warning signs
  • Industry Position: 15.7% below the Media - Diversified median (#566 of 1009)

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


Bahrain Cinema Co BSC Business Description

Address Road 1010, Block 410, P.O. Box 26573, Floor 27, Building 470, Fakhro Tower, Sanabis, Manama, BHR
Bahrain Cinema Co BSC is an entertainment group with operations spanning the GCC. Its core business activities comprise operating cinemas, restaurants, indoor entertainment centres, and real estate investment. The group's reportable segments are: Theatre operations, which generate maximum revenue; Restaurants and concession counters; and Rental and others, which include corporate office assets and vehicles.
32GF Score

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

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Price
BHD0.17
GF Value