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 -0.17 is in distress zone. This implies bankruptcy possibility in the next two years.
Beijing Capital International Airport Co has a Altman Z-Score of -0.17, 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.
Beijing Capital International Airport Co (FRA:BJ1) 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.
Beijing Capital International Airport Co Altman Z-Score Chart
Beijing Capital International Airport Co Annual Data
For the Airports & Air Services subindustry, Beijing Capital International Airport Co'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.
Beijing Capital International Airport Co Altman Z-Score vs Transportation Industry
Beijing Capital International Airport Co 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.
Beijing Capital International Airport Co (FRA:BJ1) has a Altman Z-Score of -0.17 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Beijing Capital International Airport Co and its competitors. According to the industry distribution chart, Beijing Capital International Airport Co ranks #948 out of 997 companies in the Transportation industry, placing it in the top 95.1%.
Is Beijing Capital International Airport Co's Altman Z-Score too high?
Beijing Capital International Airport Co's current Altman Z-Score is -0.17. Based on the distribution chart, Beijing Capital International Airport Co ranks #948 out of 997 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Beijing Capital International Airport Co has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Capital International Airport Co's Altman Z-Score compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Beijing Capital International Airport Co ranks #948 out of 997 companies for Altman Z-Score. This places Beijing Capital International Airport Co in the lower half of its industry. The industry median Altman Z-Score is 2.26. 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.26, based on 997 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. 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 Beijing Capital International Airport Co and its competitors. For the Transportation industry, the median Altman Z-Score is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Capital International Airport Co's current Altman Z-Score is -0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Capital International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Capital International Airport Co (FRA:BJ1) is currently considered Possible Value Trap. The stock's GF Value™ is €0.35, compared to a current price of €0.18 — trading 48.6% below its estimated fair value. The current Altman Z-Score is -0.17. Beijing Capital International Airport Co's overall GF Score™ is 40/100 with 2 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 Beijing Capital International Airport Co (FRA:BJ1), the current Altman Z-Score is -0.17 as of Jul. 06, 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 Beijing Capital International Airport Co (FRA:BJ1) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Capital International Airport Co stock appears to be undervalued.
The current stock price of €0.18 is trading 48.6% below its estimated GF Value™ of €0.35.
GuruFocus considers Beijing Capital International Airport Co to be Possible Value Trap.
Key valuation signals for FRA:BJ1:
Altman Z-Score: -0.17
GF Value™: €0.35 vs. price of €0.18 (48.6% below fair value)
No single metric tells the full story. See the FRA:BJ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Capital International Airport Co Business Description
Beijing Capital International Airport Co Ltd is principally engaged in the ownership and operation of Beijing Capital Airport and the provision of related services. The company manages both aeronautical and non-aeronautical businesses at the airport. Its aeronautical business includes aircraft landing and take-off services, passenger service facilities, ground support, and firefighting services for domestic and international airlines. Its non-aeronautical business mainly involves granting concessions for services such as ground handling, in-flight catering, duty-free and retail shops, restaurants, VIP services, and advertising spaces within the terminals. It also generates revenue through leasing terminal properties and providing car parking services.
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