E-DATA Teknoloji Pazarlama AS (IST:EDATA) Altman Z-Score: 13.99 (As of Jun. 30, 2026) — 69% Above Median


IST:EDATA E-DATA Teknoloji Pazarlama AS IST:EDATA
68 GF Score
Price ₺18.00
GF Value ₺7.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is E-DATA Teknoloji Pazarlama AS Altman Z-Score?

E-DATA Teknoloji Pazarlama AS IST:EDATA -3.74% 68 Altman Z-Score is 13.99 as of Jun. 30, 2026, which is 69% above its 10-year median of 8.29. GuruFocus rates IST:EDATA with a GF Score™ of 68/100 and a GF Value™ of ₺7.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,764 Software companies, E-DATA Teknoloji Pazarlama AS ranks better than 92.73% 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 14.45 is strong.

E-DATA Teknoloji Pazarlama AS has a Altman Z-Score of 13.99, 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 E-DATA Teknoloji Pazarlama AS's Altman Z-Score or its related term are showing as below:

IST:EDATA' s Altman Z-Score Range Over the Past 10 Years
Min: 4.4   Med: 8.29   Max: 18.49
Current: 14.45

During the past 8 years, E-DATA Teknoloji Pazarlama AS's highest Altman Z-Score was 18.49. The lowest was 4.40. And the median was 8.29.


E-DATA Teknoloji Pazarlama AS  (IST:EDATA) 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.


E-DATA Teknoloji Pazarlama AS Altman Z-Score Related Terms


E-DATA Teknoloji Pazarlama AS Altman Z-Score Historical Data

* Premium members only.

The historical data trend for E-DATA Teknoloji Pazarlama AS'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.

E-DATA Teknoloji Pazarlama AS Altman Z-Score Chart

E-DATA Teknoloji Pazarlama AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 12.61 6.37 7.21 4.40 5.29

E-DATA Teknoloji Pazarlama AS 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 4.74 4.84 5.16 5.29 12.89

IST:EDATA vs IBM, ACN, FISV: Altman Z-Score Comparison

For the Information Technology Services subindustry, E-DATA Teknoloji Pazarlama AS'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.


E-DATA Teknoloji Pazarlama AS Altman Z-Score vs Software Industry

For the Software industry and Technology sector, E-DATA Teknoloji Pazarlama AS's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where E-DATA Teknoloji Pazarlama AS's Altman Z-Score falls into.


IST:EDATA
68GF Score
E-DATA Teknoloji Pazarlama AS IST:EDATA
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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E-DATA Teknoloji Pazarlama AS 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.

E-DATA Teknoloji Pazarlama AS'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*0.5529+1.4*-0.0203+3.3*-0.0285+0.6*19.3233+1.0*1.8597
=13.99

* 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 ₺1,294 Mil.
Total Current Assets was ₺1,045 Mil.
Total Current Liabilities was ₺329 Mil.
Retained Earnings was ₺-26 Mil.
Pre-Tax Income was -53.235 + -12.767 + 21.426 + 5.643 = ₺-39 Mil.
Interest Expense was -1.688 + 2.872 + -2.881 + -0.344 = ₺-2 Mil.
Revenue was 418.61 + 889.506 + 546.957 + 551.6 = ₺2,407 Mil.
Market Cap (Today) was ₺7,239 Mil.
Total Liabilities was ₺375 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
=(1044.711 - 329.227)/1294.123
=0.5529

X2=Retained Earnings/Total Assets
=-26.331/1294.123
=-0.0203

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-38.933 - -2.041)/1294.123
=-0.0285

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=7239.060/374.629
=19.3233

X5=Revenue/Total Assets
=2406.673/1294.123
=1.8597

The zones of discrimination were as such:

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

E-DATA Teknoloji Pazarlama AS has a Altman Z-Score of 13.99 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 13.99 mean?
E-DATA Teknoloji Pazarlama AS (IST:EDATA) has a Altman Z-Score of 13.99 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on E-DATA Teknoloji Pazarlama AS and its competitors. This is 69% above median its historical median of 8.29. Over the past decade, E-DATA Teknoloji Pazarlama AS's Altman Z-Score has ranged from 4.40 to 18.49. According to the industry distribution chart, E-DATA Teknoloji Pazarlama AS ranks #201 out of 2764 companies in the Software industry, placing it in the top 7.3%.
Is E-DATA Teknoloji Pazarlama AS's Altman Z-Score too high?
E-DATA Teknoloji Pazarlama AS's current Altman Z-Score of 13.99 is 69% above median its 10-year median of 8.29. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 18.49. The Software industry median Altman Z-Score is 3.10. E-DATA Teknoloji Pazarlama AS's value of 13.99 is 351.3% above this industry median. Based on the distribution chart, E-DATA Teknoloji Pazarlama AS ranks #201 out of 2764 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, E-DATA Teknoloji Pazarlama AS has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does E-DATA Teknoloji Pazarlama AS's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, E-DATA Teknoloji Pazarlama AS ranks #201 out of 2764 companies for Altman Z-Score. This places E-DATA Teknoloji Pazarlama AS in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.10. E-DATA Teknoloji Pazarlama AS's value of 13.99 is 351.3% above this benchmark. Historically, E-DATA Teknoloji Pazarlama AS's own Altman Z-Score has ranged from 4.40 to 18.49 over the past decade. While the company's 10-year median is 8.29 vs. the industry median of 3.10, E-DATA Teknoloji Pazarlama AS 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 3.10, based on 2,764 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. E-DATA Teknoloji Pazarlama AS's current Altman Z-Score of 13.99 is 351.3% 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 E-DATA Teknoloji Pazarlama AS and its competitors. For the Software industry, the median Altman Z-Score is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-DATA Teknoloji Pazarlama AS's current Altman Z-Score is 13.99, which is 69% above median its own 10-year median of 8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-DATA Teknoloji Pazarlama AS stock overvalued right now?
Based on GuruFocus' analysis, E-DATA Teknoloji Pazarlama AS (IST:EDATA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.95, compared to a current price of ₺18.00 — trading 126.4% above its estimated fair value. The current Altman Z-Score is 13.99, which is 69% above median its 10-year median of 8.29 and 351.3% above the Software industry median of 3.10. E-DATA Teknoloji Pazarlama AS's overall GF Score™ is 68/100 with 5 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 E-DATA Teknoloji Pazarlama AS (IST:EDATA), the current Altman Z-Score is 13.99 as of Jun. 30, 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 E-DATA Teknoloji Pazarlama AS (IST:EDATA) Overvalued in 2026?

Based on GuruFocus' analysis, E-DATA Teknoloji Pazarlama AS stock appears to be overvalued. The current stock price of ₺18.00 is trading 126.4% above its estimated GF Value™ of ₺7.95. GuruFocus considers E-DATA Teknoloji Pazarlama AS to be Significantly Overvalued.

Key valuation signals for IST:EDATA:

  • Altman Z-Score: 13.99 (69% above median its 10-year median of 8.29)
  • GF Value™: ₺7.95 vs. price of ₺18.00 (126.4% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 351.3% above the Software median (#201 of 2764)

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


E-DATA Teknoloji Pazarlama AS Business Description

Address Cevizlidere Cad. No: 58/B, Balgat, Ankara, TUR
E-DATA Teknoloji Pazarlama AS provides technology consultancy to Turkey's institutions and organizations. Its solution areas include Network and Network Security products, Antivirus, APT Protection, DataCenter Solutions, Disk Backup, Secure Print Solutions, KVKK / GDPR / ISO27001, Certified Data Deletion, Penetration-Vulnerability testing, System Tools - Desktop Solutions, Server / Storage, Application Security, Data Security, Patch Management, Backup Software.
68GF Score

Get the complete analysis for IST:EDATA

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

₺18.00
Price
₺7.95
GF Value