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 28.76 is strong.
Raizz Renda Logistica Fundo De Investimento Imobiliario has a Altman Z-Score of 28.76, 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.
Raizz Renda Logistica Fundo De Investimento Imobiliario (BSP:RZZR11) 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.
Raizz Renda Logistica Fundo De Investimento Imobiliario Altman Z-Score Chart
Raizz Renda Logistica Fundo De Investimento Imobiliario Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
Altman Z-Score
0.00
13.83
61.45
65.69
31.57
Raizz Renda Logistica Fundo De Investimento Imobiliario Semi-Annual Data
Jun21
Jun22
Jun23
Jun24
Jun25
Altman Z-Score
0.00
13.83
61.45
65.69
31.57
BSP:RZZR11 vs PLD, PSA, EXR: Altman Z-Score Comparison
* 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.
Raizz Renda Logistica Fundo De Investimento Imobiliario Altman Z-Score vs REITs Industry
Raizz Renda Logistica Fundo De Investimento Imobiliario 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.
Raizz Renda Logistica Fundo De Investimento Imobiliario (BSP:RZZR11) has a Altman Z-Score of 28.76 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Raizz Renda Logistica Fundo De Investimento Imobiliario and its competitors. This is 38% below median its historical median of 46.51. Over the past decade, Raizz Renda Logistica Fundo De Investimento Imobiliario's Altman Z-Score has ranged from 13.83 to 65.69. According to the industry distribution chart, Raizz Renda Logistica Fundo De Investimento Imobiliario ranks #37 out of 735 companies in the REITs industry, placing it in the top 5%.
Is Raizz Renda Logistica Fundo De Investimento Imobiliario's Altman Z-Score too high?
Raizz Renda Logistica Fundo De Investimento Imobiliario's current Altman Z-Score of 28.76 is 38% below median its 10-year median of 46.51. Over the past 10 years, this metric has ranged from a low of 13.83 to a high of 65.69. The REITs industry median Altman Z-Score is 1.08. Raizz Renda Logistica Fundo De Investimento Imobiliario's value of 28.76 is 2563% above this industry median. Based on the distribution chart, Raizz Renda Logistica Fundo De Investimento Imobiliario ranks #37 out of 735 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Raizz Renda Logistica Fundo De Investimento Imobiliario has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Raizz Renda Logistica Fundo De Investimento Imobiliario's Altman Z-Score compare to PLD and PSA?
According to the REITs industry distribution chart, Raizz Renda Logistica Fundo De Investimento Imobiliario ranks #37 out of 735 companies for Altman Z-Score. This places Raizz Renda Logistica Fundo De Investimento Imobiliario in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.08. Raizz Renda Logistica Fundo De Investimento Imobiliario's value of 28.76 is 2563% above this benchmark. Historically, Raizz Renda Logistica Fundo De Investimento Imobiliario's own Altman Z-Score has ranged from 13.83 to 65.69 over the past decade. While the company's 10-year median is 46.51 vs. the industry median of 1.08, Raizz Renda Logistica Fundo De Investimento Imobiliario 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 1.08, based on 735 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. Raizz Renda Logistica Fundo De Investimento Imobiliario's current Altman Z-Score of 28.76 is 2563% 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 Raizz Renda Logistica Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median Altman Z-Score is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raizz Renda Logistica Fundo De Investimento Imobiliario's current Altman Z-Score is 28.76, which is 38% below median its own 10-year median of 46.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raizz Renda Logistica Fundo De Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Raizz Renda Logistica Fundo De Investimento Imobiliario (BSP:RZZR11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$281.99, compared to a current price of R$129.00 — trading 54.3% below its estimated fair value. The current Altman Z-Score is 28.76, which is 38% below median its 10-year median of 46.51 and 2563% above the REITs industry median of 1.08. Raizz Renda Logistica Fundo De Investimento Imobiliario's overall GF Score™ is 48/100. 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 Raizz Renda Logistica Fundo De Investimento Imobiliario (BSP:RZZR11), the current Altman Z-Score is 28.76 as of Jul. 12, 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 Raizz Renda Logistica Fundo De Investimento Imobiliario (BSP:RZZR11) Overvalued in 2026?
Based on GuruFocus' analysis, Raizz Renda Logistica Fundo De Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$129.00 is trading 54.3% below its estimated GF Value™ of R$281.99.
GuruFocus considers Raizz Renda Logistica Fundo De Investimento Imobiliario to be Significantly Undervalued.
Key valuation signals for BSP:RZZR11:
Altman Z-Score: 28.76 (38% below median its 10-year median of 46.51)
GF Value™: R$281.99 vs. price of R$129.00 (54.3% below fair value)
Industry Position: 2563% above the REITs median (#37 of 735)
No single metric tells the full story. See the BSP:RZZR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raizz Renda Logistica Fundo De Investimento Imobiliario Business Description
Raizz Renda Logistica Fundo De Investimento Imobiliario formerly Fundo DE Investimento Imobiliario - BRL Prop II is a real estate investment trust. The company's purpose is to obtain income and capital gains through the exploration of real estate projects in the logistics sector.
48GF Score
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