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 1.59 is in distress zone. This implies bankruptcy possibility in the next two years.
Cyrela Brazil Realty Empreend e Part has a Altman Z-Score of 1.59, 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.
Cyrela Brazil Realty Empreend e Part (OTCPK:CYRBY) 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.
Cyrela Brazil Realty Empreend e Part Altman Z-Score Chart
For the Residential Construction subindustry, Cyrela Brazil Realty Empreend e Part'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.
Cyrela Brazil Realty Empreend e Part Altman Z-Score vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Cyrela Brazil Realty Empreend e Part's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Cyrela Brazil Realty Empreend e Part's Altman Z-Score falls into.
Cyrela Brazil Realty Empreend e Part 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.
Cyrela Brazil Realty Empreend e Part (CYRBY) has a Altman Z-Score of 1.59 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cyrela Brazil Realty Empreend e Part and its competitors. This is near median its historical median of 1.74. Over the past decade, Cyrela Brazil Realty Empreend e Part's Altman Z-Score has ranged from 1.28 to 2.85. According to the industry distribution chart, Cyrela Brazil Realty Empreend e Part ranks #71 out of 89 companies in the Homebuilding & Construction industry, placing it in the top 79.8%.
Is Cyrela Brazil Realty Empreend e Part's Altman Z-Score too high?
Cyrela Brazil Realty Empreend e Part's current Altman Z-Score of 1.59 is near median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 2.85. The Homebuilding & Construction industry median Altman Z-Score is 2.29. Cyrela Brazil Realty Empreend e Part's value of 1.59 is 30.6% below this industry median. Based on the distribution chart, Cyrela Brazil Realty Empreend e Part ranks #71 out of 89 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Cyrela Brazil Realty Empreend e Part has a GF Scoreâ„¢ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cyrela Brazil Realty Empreend e Part's Altman Z-Score compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Cyrela Brazil Realty Empreend e Part ranks #71 out of 89 companies for Altman Z-Score. This places Cyrela Brazil Realty Empreend e Part in the lower half of its industry. The industry median Altman Z-Score is 2.29. Cyrela Brazil Realty Empreend e Part's value of 1.59 is 30.6% below this benchmark. Historically, Cyrela Brazil Realty Empreend e Part's own Altman Z-Score has ranged from 1.28 to 2.85 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 2.29, Cyrela Brazil Realty Empreend e Part 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 Homebuilding & Construction company?
The median Altman Z-Score among Homebuilding & Construction companies is 2.29, based on 89 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. Cyrela Brazil Realty Empreend e Part's current Altman Z-Score of 1.59 is 30.6% 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 Cyrela Brazil Realty Empreend e Part and its competitors. For the Homebuilding & Construction industry, the median Altman Z-Score is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyrela Brazil Realty Empreend e Part's current Altman Z-Score is 1.59, which is near median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyrela Brazil Realty Empreend e Part stock overvalued right now?
Based on GuruFocus' analysis, Cyrela Brazil Realty Empreend e Part (CYRBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.82, compared to a current price of $4.45 — trading 23.5% below its estimated fair value. The current Altman Z-Score is 1.59, which is near median its 10-year median of 1.74 and 30.6% below the Homebuilding & Construction industry median of 2.29. Cyrela Brazil Realty Empreend e Part's overall GF Score™ is 83/100 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 Cyrela Brazil Realty Empreend e Part (CYRBY), the current Altman Z-Score is 1.59 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 Cyrela Brazil Realty Empreend e Part (CYRBY) Overvalued in 2026?
Based on GuruFocus' analysis, Cyrela Brazil Realty Empreend e Part stock appears to be undervalued.
The current stock price of $4.45 is trading 23.5% below its estimated GF Value™ of $5.82.
GuruFocus considers Cyrela Brazil Realty Empreend e Part to be Modestly Undervalued.
Key valuation signals for CYRBY:
Altman Z-Score: 1.59 (near median its 10-year median of 1.74)
GF Value™: $5.82 vs. price of $4.45 (23.5% below fair value)
Industry Position: 30.6% below the Homebuilding & Construction median (#71 of 89)
No single metric tells the full story. See the CYRBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cyrela Brazil Realty Empreend e Part Business Description
Cyrela Brazil Realty SA Empreend e Part is a Brazilian construction company engaged in the development and construction of residential properties, individually or together with other entities. The company has four operating segments; the Cyrela segment includes real estate projects classified by the Launch Committee as high-end and luxury, both of the Parent and joint ventures, the Living segment includes real estate projects classified by the Launch Committee as Living, both of the Parent and joint ventures, MCMV segment includes real estate projects defined by the Launch Committee as Minha Casa, Minha Vida, both of the Parent and joint ventures and Other segment include land subdivision and service rendering activities.
83GF Score
Get the complete analysis for CYRBY
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CYRBY has been successfully added to your 
