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 1.55 is in distress zone. This implies bankruptcy possibility in the next two years.
FIBRA Terrafina has a Altman Z-Score of 1.60, 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 FIBRA Terrafina's Altman Z-Score or its related term are showing as below:
CBAOF'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.62 Med: 1.18 Max: 2.03
Current: 1.55
During the past 12 years, FIBRA Terrafina's highest Altman Z-Score was 2.03. The lowest was 0.62. And the median was 1.18.
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.
Altman Z-Score does not apply to financial companies.
FIBRA Terrafina Altman Z-Score Related Terms
FIBRA Terrafina Altman Z-Score Historical Data
* Premium members only.
The historical data trend for FIBRA Terrafina'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.
For the REIT - Industrial subindustry, FIBRA Terrafina'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.
FIBRA Terrafina Altman Z-Score vs REITs Industry
For the REITs industry and Real Estate sector, FIBRA Terrafina's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where FIBRA Terrafina's Altman Z-Score falls into.
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.
FIBRA Terrafina'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
*
-0.064
+
1.4
*
0.3009
+
3.3
*
0.0644
+
0.6
*
1.6129
+
1.0
*
0.0717
=
1.60
* 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.
FIBRA Terrafina (CBAOF) has a Altman Z-Score of 1.60 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on FIBRA Terrafina and its competitors. This is 36% above median its historical median of 1.18. Over the past decade, FIBRA Terrafina's Altman Z-Score has ranged from 0.62 to 2.03.
Is FIBRA Terrafina's Altman Z-Score too high?
FIBRA Terrafina's current Altman Z-Score of 1.60 is 36% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.03. The REITs industry median Altman Z-Score is 1.07. FIBRA Terrafina's value of 1.60 is 49.5% above this industry median. Overall, FIBRA Terrafina has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does FIBRA Terrafina's Altman Z-Score compare to PLD and PSA?
FIBRA Terrafina's Altman Z-Score of 1.60 can be compared against companies in the REITs industry. The industry median Altman Z-Score is 1.07. FIBRA Terrafina's value of 1.60 is 49.5% above this benchmark. Historically, FIBRA Terrafina's own Altman Z-Score has ranged from 0.62 to 2.03 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.07, FIBRA Terrafina 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 1.07, based on 739 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. FIBRA Terrafina's current Altman Z-Score of 1.60 is 49.5% 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 FIBRA Terrafina and its competitors. For the REITs industry, the median Altman Z-Score is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FIBRA Terrafina's current Altman Z-Score is 1.60, which is 36% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FIBRA Terrafina stock overvalued right now?
FIBRA Terrafina (CBAOF) has a current Altman Z-Score of 1.60. The stock's GF Value™ is $2.14, compared to a current price of $1.94 — trading 9.3% below its estimated fair value. The current Altman Z-Score is 1.60, which is 36% above median its 10-year median of 1.18 and 49.5% above the REITs industry median of 1.07. FIBRA Terrafina's overall GF Score™ is 74/100 with 6 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 FIBRA Terrafina (CBAOF), the current Altman Z-Score is 1.60 as of Jun. 26, 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 FIBRA Terrafina (CBAOF) Overvalued in 2026?
Based on GuruFocus' analysis, FIBRA Terrafina stock appears to be undervalued.
The current stock price of $1.94 is trading 9.3% below its estimated GF Value™ of $2.14.
Key valuation signals for CBAOF:
Altman Z-Score: 1.60 (36% above median its 10-year median of 1.18)
GF Value™: $2.14 vs. price of $1.94 (9.3% below fair value)
No single metric tells the full story. See the CBAOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FIBRA Terrafina is a real estate investment trust that acquires, owns, and develops industrial properties throughout Mexico. The company's properties consist of light manufacturing buildings as well as attractive distribution centers, optimally located. The properties that make up portfolio consist of 300 real estate properties, including 289 developed industrial properties and are located throughout 32 cities in 16 states.
74GF Score
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