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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 -0.08 is in distress zone. This implies bankruptcy possibility in the next two years.
JBG SMITH Properties has a Altman Z-Score of -0.08, 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 JBG SMITH Properties's Altman Z-Score or its related term are showing as below:
FRA:JBG'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.08 Med: 0.65 Max: 1.79
Current: -0.08
During the past 13 years, JBG SMITH Properties's highest Altman Z-Score was 1.79. The lowest was -0.08. And the median was 0.65.
JBG SMITH Properties (FRA:JBG) 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.
Altman Z-Score does not apply to financial companies.
JBG SMITH Properties Altman Z-Score Related Terms
JBG SMITH Properties Altman Z-Score Historical Data
* Premium members only.
The historical data trend for JBG SMITH Properties'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.
FRA:JBG vs ESRT, CTO, GOOD: Altman Z-Score Comparison
For the REIT - Diversified subindustry, JBG SMITH Properties'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.
JBG SMITH Properties Altman Z-Score vs REITs Industry
For the REITs industry and Real Estate sector, JBG SMITH Properties's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where JBG SMITH Properties'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.
JBG SMITH Properties'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
*
0.0075
+
1.4
*
-0.2766
+
3.3
*
-0.0027
+
0.6
*
0.3197
+
1.0
*
0.1159
=
-0.08
* 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.
JBG SMITH Properties (FRA:JBG) has a Altman Z-Score of -0.08 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on JBG SMITH Properties and its competitors. According to the industry distribution chart, JBG SMITH Properties ranks #690 out of 735 companies in the REITs industry, placing it in the top 93.9%.
Is JBG SMITH Properties' Altman Z-Score too high?
JBG SMITH Properties' current Altman Z-Score is -0.08. Based on the distribution chart, JBG SMITH Properties ranks #690 out of 735 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, JBG SMITH Properties has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does JBG SMITH Properties' Altman Z-Score compare to ESRT and CTO?
According to the REITs industry distribution chart, JBG SMITH Properties ranks #690 out of 735 companies for Altman Z-Score. This places JBG SMITH Properties in the lower half of its industry. The industry median Altman Z-Score is 1.09. 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 1.09, 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. 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 JBG SMITH Properties and its competitors. For the REITs industry, the median Altman Z-Score is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JBG SMITH Properties's current Altman Z-Score is -0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBG SMITH Properties stock overvalued right now?
JBG SMITH Properties (FRA:JBG) has a current Altman Z-Score of -0.08. The stock's GF Value™ is €18.93, compared to a current price of €12.60 — trading 33.4% below its estimated fair value. The current Altman Z-Score is -0.08. JBG SMITH Properties' overall GF Score™ is 61/100 with 7 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 JBG SMITH Properties (FRA:JBG), the current Altman Z-Score is -0.08 as of Jul. 14, 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 JBG SMITH Properties (FRA:JBG) Overvalued in 2026?
Based on GuruFocus' analysis, JBG SMITH Properties stock appears to be undervalued.
The current stock price of €12.60 is trading 33.4% below its estimated GF Value™ of €18.93.
Key valuation signals for FRA:JBG:
Altman Z-Score: -0.08
GF Value™: €18.93 vs. price of €12.60 (33.4% below fair value)
No single metric tells the full story. See the FRA:JBG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JBG SMITH Properties is a real estate investment trust based in the United States. It owns, operates, invests in, and develops real estate assets concentrated in amenity-rich, metro-served submarkets in and around Washington, DC. In addition, the company also provides fee-based real estate services to legacy funds through its third-party real estate services business. The operating segments of the company are commercial, multifamily, and third-party real estate services. It generates maximum revenue from the commercial segment.
61GF Score
Get the complete analysis for FRA:JBG
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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