Enka Insaat Venayi ASIST:ENKAI +1.28%85 Altman Z-Score is 3.80 as of Jun. 27, 2026, which is 15% above its 10-year median of 3.30. GuruFocus rates IST:ENKAI with a GF Score™ of 85/100 and a GF Value™ of ₺101.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,758 Construction companies, Enka Insaat Venayi AS ranks better than 75.71% 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 3.78 is strong.
Enka Insaat Venayi AS has a Altman Z-Score of 3.80, 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 Enka Insaat Venayi AS's Altman Z-Score or its related term are showing as below:
IST:ENKAI'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.98 Med: 3.3 Max: 4.6
Current: 3.78
During the past 13 years, Enka Insaat Venayi AS's highest Altman Z-Score was 4.60. The lowest was 1.98. And the median was 3.30.
Enka Insaat Venayi AS (IST:ENKAI) 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.
Enka Insaat Venayi AS Altman Z-Score Related Terms
Enka Insaat Venayi AS Altman Z-Score Historical Data
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The historical data trend for Enka Insaat Venayi 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.
IST:ENKAI vs PWR, FIX, EME: Altman Z-Score Comparison
For the Engineering & Construction subindustry, Enka Insaat Venayi 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.
Enka Insaat Venayi AS Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, Enka Insaat Venayi AS's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Enka Insaat Venayi AS'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.
* 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.
Enka Insaat Venayi AS (IST:ENKAI) has a Altman Z-Score of 3.80 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Enka Insaat Venayi AS and its competitors. This is 15% above median its historical median of 3.30. Over the past decade, Enka Insaat Venayi AS's Altman Z-Score has ranged from 1.98 to 4.60. According to the industry distribution chart, Enka Insaat Venayi AS ranks #427 out of 1758 companies in the Construction industry, placing it in the top 24.3%.
Is Enka Insaat Venayi AS's Altman Z-Score too high?
Enka Insaat Venayi AS's current Altman Z-Score of 3.80 is 15% above median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 4.60. The Construction industry median Altman Z-Score is 2.35. Enka Insaat Venayi AS's value of 3.80 is 61.7% above this industry median. Based on the distribution chart, Enka Insaat Venayi AS ranks #427 out of 1758 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Enka Insaat Venayi AS has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enka Insaat Venayi AS's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Enka Insaat Venayi AS ranks #427 out of 1758 companies for Altman Z-Score. This places Enka Insaat Venayi AS in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.35. Enka Insaat Venayi AS's value of 3.80 is 61.7% above this benchmark. Historically, Enka Insaat Venayi AS's own Altman Z-Score has ranged from 1.98 to 4.60 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 2.35, Enka Insaat Venayi 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 Construction company?
The median Altman Z-Score among Construction companies is 2.35, based on 1,758 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. Enka Insaat Venayi AS's current Altman Z-Score of 3.80 is 61.7% 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 Enka Insaat Venayi AS and its competitors. For the Construction industry, the median Altman Z-Score is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enka Insaat Venayi AS's current Altman Z-Score is 3.80, which is 15% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enka Insaat Venayi AS stock overvalued right now?
Based on GuruFocus' analysis, Enka Insaat Venayi AS (IST:ENKAI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺101.06, compared to a current price of ₺90.85 — trading 10.1% below its estimated fair value. The current Altman Z-Score is 3.80, which is 15% above median its 10-year median of 3.30 and 61.7% above the Construction industry median of 2.35. Enka Insaat Venayi AS's overall GF Score™ is 85/100 with 3 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 Enka Insaat Venayi AS (IST:ENKAI), the current Altman Z-Score is 3.80 as of Jun. 27, 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 Enka Insaat Venayi AS (IST:ENKAI) Overvalued in 2026?
Based on GuruFocus' analysis, Enka Insaat Venayi AS stock appears to be undervalued.
The current stock price of ₺90.85 is trading 10.1% below its estimated GF Value™ of ₺101.06.
GuruFocus considers Enka Insaat Venayi AS to be Modestly Undervalued.
Key valuation signals for IST:ENKAI:
Altman Z-Score: 3.80 (15% above median its 10-year median of 3.30)
GF Value™: ₺101.06 vs. price of ₺90.85 (10.1% below fair value)
Industry Position: 61.7% above the Construction median (#427 of 1758)
No single metric tells the full story. See the IST:ENKAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enka Insaat Ve Sanayi AS provides a full range of design, engineering, construction, and project management services in various sectors. It creates power plants, production facilities, transportation systems, and other construction projects. If needed, the company will engineer and fabricate structures for installation and modularization. Enka Insaat Ve Sanayi has four operating segments: construction contracts; rental, trade and manufacturing; and energy (the majority of total revenue). Additional revenue is generated from aftermarket support and services, and the company utilizes a mix of traditional engineering disciplines to produce results. The company derives the majority of its revenue from Turkey, but the company does operate in various European nations.
85GF Score
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