ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari (IST:ATATP) Altman Z-Score: 6.53 (As of Jul. 11, 2026) — 14% Below Median


IST:ATATP ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari IST:ATATP
93 GF Score
Price ₺215.00
GF Value ₺198.37
Valuation Fairly Valued
! 4 Warning Signs
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What is ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari Altman Z-Score?

ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari IST:ATATP -0.42% 93 Altman Z-Score is 6.53 as of Jul. 11, 2026, which is 14% below its 10-year median of 7.57. GuruFocus rates IST:ATATP with a GF Score™ of 93/100 and a GF Value™ of ₺198.37 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,762 Software companies, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari ranks better than 77.95% on this metric.

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.

Good Sign:

Altman Z-score of 6.48 is strong.

ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari has a Altman Z-Score of 6.53, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's Altman Z-Score or its related term are showing as below:

IST:ATATP' s Altman Z-Score Range Over the Past 10 Years
Min: 4.4   Med: 7.57   Max: 15.42
Current: 6.48

During the past 8 years, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's highest Altman Z-Score was 15.42. The lowest was 4.40. And the median was 7.57.


ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari  (IST:ATATP) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari Altman Z-Score Related Terms


ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari Altman Z-Score Historical Data

* Premium members only.

The historical data trend for ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari'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.

ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari Altman Z-Score Chart

ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 8.14 6.52 9.36 8.12 6.39

ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.98 4.40 6.92 6.39 5.12

IST:ATATP vs MSFT, ORCL, PLTR: Altman Z-Score Comparison

For the Software - Infrastructure subindustry, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari'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.


ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari Altman Z-Score vs Software Industry

For the Software industry and Technology sector, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's Altman Z-Score falls into.


IST:ATATP
93GF Score
ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari IST:ATATP
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari 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.

ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari'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*0.0905+1.4*0.3644+3.3*0.4114+0.6*6.6624+1.0*0.5592
=6.53

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₺8,833 Mil.
Total Current Assets was ₺1,483 Mil.
Total Current Liabilities was ₺684 Mil.
Retained Earnings was ₺3,219 Mil.
Pre-Tax Income was 0 + 836.437 + 827.459 + 1909.91 = ₺3,574 Mil.
Interest Expense was 0 + -23.77 + -17.528 + -18.629 = ₺-60 Mil.
Revenue was 0 + 1329.128 + 1274.977 + 2335.479 = ₺4,940 Mil.
Market Cap (Today) was ₺4,901 Mil.
Total Liabilities was ₺736 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(1483.057 - 683.766)/8833.346
=0.0905

X2=Retained Earnings/Total Assets
=3219.235/8833.346
=0.3644

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3573.806 - -59.927)/8833.346
=0.4114

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4900.747/735.581
=6.6624

X5=Revenue/Total Assets
=4939.584/8833.346
=0.5592

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari has a Altman Z-Score of 6.53 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 6.53 mean?
ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari (IST:ATATP) has a Altman Z-Score of 6.53 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari and its competitors. This is 14% below median its historical median of 7.57. Over the past decade, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's Altman Z-Score has ranged from 4.40 to 15.42. According to the industry distribution chart, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari ranks #609 out of 2762 companies in the Software industry, placing it in the top 22%.
Is ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's Altman Z-Score too high?
ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's current Altman Z-Score of 6.53 is 14% below median its 10-year median of 7.57. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 15.42. The Software industry median Altman Z-Score is 3.17. ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's value of 6.53 is 106% above this industry median. Based on the distribution chart, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari ranks #609 out of 2762 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari ranks #609 out of 2762 companies for Altman Z-Score. This places ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.17. ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's value of 6.53 is 106% above this benchmark. Historically, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's own Altman Z-Score has ranged from 4.40 to 15.42 over the past decade. While the company's 10-year median is 7.57 vs. the industry median of 3.17, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari 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 Software company?
The median Altman Z-Score among Software companies is 3.17, based on 2,762 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. ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's current Altman Z-Score of 6.53 is 106% 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 ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari and its competitors. For the Software industry, the median Altman Z-Score is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's current Altman Z-Score is 6.53, which is 14% below median its own 10-year median of 7.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari stock overvalued right now?
Based on GuruFocus' analysis, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari (IST:ATATP) is currently considered Fairly Valued. The stock's GF Value™ is ₺198.37, compared to a current price of ₺215.00 — trading 8.4% above its estimated fair value. The current Altman Z-Score is 6.53, which is 14% below median its 10-year median of 7.57 and 106% above the Software industry median of 3.17. ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari's overall GF Score™ is 93/100 with 4 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 ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari (IST:ATATP), the current Altman Z-Score is 6.53 as of Jul. 11, 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 ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari (IST:ATATP) Overvalued in 2026?

Based on GuruFocus' analysis, ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari stock appears to be overvalued. The current stock price of ₺215.00 is trading 8.4% above its estimated GF Value™ of ₺198.37. GuruFocus considers ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari to be Fairly Valued.

Key valuation signals for IST:ATATP:

  • Altman Z-Score: 6.53 (14% below median its 10-year median of 7.57)
  • GF Value™: ₺198.37 vs. price of ₺215.00 (8.4% above fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 106% above the Software median (#609 of 2762)

No single metric tells the full story. See the IST:ATATP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari Business Description

Address Emirhan Cad. No:109 Kat:9 Atakule, Besiktas, Istanbul, TUR, 34349
ATP Ticari Bilgisayar Agi Ve Elektrik Guc Kaynaklari is a provider of mission-critical, enterprise-class software platforms and services to finance, hospitality, and other industries. Its solutions portfolio includes IT infrastructure services, managed cloud services, e-government, e-commerce applications as well as customer relationship management, enterprise resource planning, and business intelligence.
93GF Score

Get the complete analysis for IST:ATATP

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺215.00
Price
₺198.37
GF Value