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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 0.22 is in distress zone. This implies bankruptcy possibility in the next two years.
Veris Residential has a Altman Z-Score of 0.21, 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 Veris Residential's Altman Z-Score or its related term are showing as below:
FRA:WY4'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.16 Med: 0.09 Max: 0.54
Current: 0.22
During the past 13 years, Veris Residential's highest Altman Z-Score was 0.54. The lowest was -0.16. And the median was 0.09.
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.
Veris Residential Altman Z-Score Related Terms
Veris Residential Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Veris Residential'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:WY4 vs UMH, CSR, NXRT: Altman Z-Score Comparison
For the REIT - Residential subindustry, Veris Residential'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.
Veris Residential Altman Z-Score vs REITs Industry
For the REITs industry and Real Estate sector, Veris Residential's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Veris Residential'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.
Veris Residential'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
*
-0.0618
+
1.4
*
-0.5385
+
3.3
*
0.0579
+
0.6
*
1.2282
+
1.0
*
0.1078
=
0.21
* 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.
Veris Residential (FRA:WY4) has a Altman Z-Score of 0.21 as of Aug. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Veris Residential and its competitors. This is 133% above median its historical median of 0.09.
Is Veris Residential's Altman Z-Score too high?
Veris Residential's current Altman Z-Score of 0.21 is 133% above median its 10-year median of 0.09. The REITs industry median Altman Z-Score is 1.07. Veris Residential's value of 0.21 is 80.4% below this industry median. Overall, Veris Residential has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Veris Residential's Altman Z-Score compare to UMH and CSR?
Veris Residential's Altman Z-Score of 0.21 can be compared against companies in the REITs industry. The industry median Altman Z-Score is 1.07. Veris Residential's value of 0.21 is 80.4% below this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 1.07, Veris Residential 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 REITs company?
The median Altman Z-Score among REITs companies is 1.07, based on 725 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. Veris Residential's current Altman Z-Score of 0.21 is 80.4% 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 Veris Residential 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. Veris Residential's current Altman Z-Score is 0.21, which is 133% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veris Residential stock overvalued right now?
Veris Residential (FRA:WY4) has a current Altman Z-Score of 0.21. The stock's GF Value™ is €14.46, compared to a current price of €16.20 — trading 12% above its estimated fair value. The current Altman Z-Score is 0.21, which is 133% above median its 10-year median of 0.09 and 80.4% below the REITs industry median of 1.07. Veris Residential's overall GF Score™ is 46/100 with 9 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 Veris Residential (FRA:WY4), the current Altman Z-Score is 0.21 as of Aug. 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 Veris Residential (FRA:WY4) Overvalued in 2026?
Based on GuruFocus' analysis, Veris Residential stock appears to be overvalued.
The current stock price of €16.20 is trading 12% above its estimated GF Value™ of €14.46.
Key valuation signals for FRA:WY4:
Altman Z-Score: 0.21 (133% above median its 10-year median of 0.09)
GF Value™: €14.46 vs. price of €16.20 (12% above fair value)
No single metric tells the full story. See the FRA:WY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
46GF Score
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