Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Altman Z-Score: 1.89 (As of Jul. 04, 2026) — 54% Above Median


BOG:CORFERIAS Corporacion de Ferias y Exposiciones SA BOG:CORFERIAS
67 GF Score
Price COP1,500.00
GF Value COP1,012.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Corporacion de Ferias y Exposiciones Altman Z-Score?

Corporacion de Ferias y Exposiciones BOG:CORFERIAS 67 Altman Z-Score is 1.89 as of Jul. 04, 2026, which is 54% above its 10-year median of 1.23. GuruFocus rates BOG:CORFERIAS with a GF Score™ of 67/100 and a GF Value™ of COP1,012.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,060 Business Services companies, Corporacion de Ferias y Exposiciones ranks worse than 68.68% 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 1.89 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.

Corporacion de Ferias y Exposiciones has a Altman Z-Score of 1.89, indicating it is in Grey Zones. This implies that Corporacion de Ferias y Exposiciones 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 Corporacion de Ferias y Exposiciones's Altman Z-Score or its related term are showing as below:

BOG:CORFERIAS' s Altman Z-Score Range Over the Past 10 Years
Min: 0.66   Med: 1.23   Max: 2.24
Current: 1.89

During the past 13 years, Corporacion de Ferias y Exposiciones's highest Altman Z-Score was 2.24. The lowest was 0.66. And the median was 1.23.


Corporacion de Ferias y Exposiciones  (BOG:CORFERIAS) 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.


Corporacion de Ferias y Exposiciones Altman Z-Score Related Terms


Corporacion de Ferias y Exposiciones Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Corporacion de Ferias y Exposiciones'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.

Corporacion de Ferias y Exposiciones Altman Z-Score Chart

Corporacion de Ferias y Exposiciones 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 0.88 1.14 1.40 1.66 2.05

Corporacion de Ferias y Exposiciones 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 1.46 1.51 1.54 2.05 1.89

BOG:CORFERIAS vs CTAS, CPRT, ULS: Altman Z-Score Comparison

For the Specialty Business Services subindustry, Corporacion de Ferias y Exposiciones'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.


Corporacion de Ferias y Exposiciones Altman Z-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Corporacion de Ferias y Exposiciones's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Corporacion de Ferias y Exposiciones's Altman Z-Score falls into.


BOG:CORFERIAS
67GF Score
Corporacion de Ferias y Exposiciones SA BOG:CORFERIAS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corporacion de Ferias y Exposiciones 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.

Corporacion de Ferias y Exposiciones'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*-0.0574+1.4*0.3038+3.3*0.1657+0.6*0.9245+1.0*0.4341
=1.89

* 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 COP861,414 Mil.
Total Current Assets was COP97,293 Mil.
Total Current Liabilities was COP146,737 Mil.
Retained Earnings was COP261,656 Mil.
Pre-Tax Income was -4700.399 + 97932.504 + 28710.287 + 10520.072 = COP132,462 Mil.
Interest Expense was -2442.21 + -2371.979 + -2509.629 + -2964.735 = COP-10,289 Mil.
Revenue was 33994.861 + 158623.197 + 107185.217 + 74179.36 = COP373,983 Mil.
Market Cap (Today) was COP250,932 Mil.
Total Liabilities was COP271,433 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
=(97293.433 - 146736.768)/861414.412
=-0.0574

X2=Retained Earnings/Total Assets
=261655.969/861414.412
=0.3038

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(132462.464 - -10288.553)/861414.412
=0.1657

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=250931.696/271433.357
=0.9245

X5=Revenue/Total Assets
=373982.635/861414.412
=0.4341

The zones of discrimination were as such:

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

Corporacion de Ferias y Exposiciones has a Altman Z-Score of 1.89 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 1.89 mean?
Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) has a Altman Z-Score of 1.89 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Corporacion de Ferias y Exposiciones and its competitors. This is 54% above median its historical median of 1.23. Over the past decade, Corporacion de Ferias y Exposiciones' Altman Z-Score has ranged from 0.66 to 2.24. According to the industry distribution chart, Corporacion de Ferias y Exposiciones ranks #728 out of 1060 companies in the Business Services industry, placing it in the top 68.7%.
Is Corporacion de Ferias y Exposiciones' Altman Z-Score too high?
Corporacion de Ferias y Exposiciones' current Altman Z-Score of 1.89 is 54% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.24. The Business Services industry median Altman Z-Score is 2.97. Corporacion de Ferias y Exposiciones' value of 1.89 is 36.3% below this industry median. Based on the distribution chart, Corporacion de Ferias y Exposiciones ranks #728 out of 1060 companies in the Business Services industry, which is below the industry midpoint. Overall, Corporacion de Ferias y Exposiciones has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Corporacion de Ferias y Exposiciones' Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Corporacion de Ferias y Exposiciones ranks #728 out of 1060 companies for Altman Z-Score. This places Corporacion de Ferias y Exposiciones in the lower half of its industry. The industry median Altman Z-Score is 2.97. Corporacion de Ferias y Exposiciones' value of 1.89 is 36.3% below this benchmark. Historically, Corporacion de Ferias y Exposiciones' own Altman Z-Score has ranged from 0.66 to 2.24 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 2.97, Corporacion de Ferias y Exposiciones 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, based on 1,060 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. Corporacion de Ferias y Exposiciones's current Altman Z-Score of 1.89 is 36.3% 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 Corporacion de Ferias y Exposiciones and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporacion de Ferias y Exposiciones's current Altman Z-Score is 1.89, which is 54% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion de Ferias y Exposiciones stock overvalued right now?
Based on GuruFocus' analysis, Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) is currently considered Significantly Overvalued. The stock's GF Value™ is COP1,012.07, compared to a current price of COP1,500.00 — trading 48.2% above its estimated fair value. The current Altman Z-Score is 1.89, which is 54% above median its 10-year median of 1.23 and 36.3% below the Business Services industry median of 2.97. Corporacion de Ferias y Exposiciones' overall GF Score™ is 67/100 with 5 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 Corporacion de Ferias y Exposiciones (BOG:CORFERIAS), the current Altman Z-Score is 1.89 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 Corporacion de Ferias y Exposiciones (BOG:CORFERIAS) Overvalued in 2026?

Based on GuruFocus' analysis, Corporacion de Ferias y Exposiciones stock appears to be overvalued. The current stock price of COP1,500.00 is trading 48.2% above its estimated GF Value™ of COP1,012.07. GuruFocus considers Corporacion de Ferias y Exposiciones to be Significantly Overvalued.

Key valuation signals for BOG:CORFERIAS:

  • Altman Z-Score: 1.89 (54% above median its 10-year median of 1.23)
  • GF Value™: COP1,012.07 vs. price of COP1,500.00 (48.2% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 36.3% below the Business Services median (#728 of 1060)

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


Corporacion de Ferias y Exposiciones Business Description

Address Carrera 37, No. 24-67, Bogota, COL
Corporacion de Ferias y Exposiciones SA organizes trade fairs, exhibitions and conventions in the Andean Region, Central America, and the Caribbean. The company also provides Banking, Travel, Health, and other services.
67GF Score

Get the complete analysis for BOG:CORFERIAS

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

COP1,500.00
Price
COP1,012.07
GF Value