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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.
Good Sign:
Altman Z-score of 14.23 is strong.
Gedik Yatirim Menkul Degerler AS has a Altman Z-Score of 14.18, 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 Gedik Yatirim Menkul Degerler AS's Altman Z-Score or its related term are showing as below:
IST:GEDIK'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.54 Med: 5.48 Max: 28.73
Current: 14.23
During the past 13 years, Gedik Yatirim Menkul Degerler AS's highest Altman Z-Score was 28.73. The lowest was 0.54. And the median was 5.48.
Gedik Yatirim Menkul Degerler AS (IST:GEDIK) 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.
* 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.
Gedik Yatirim Menkul Degerler AS Altman Z-Score Chart
IST:GEDIK vs MS, GS, SCHW: Altman Z-Score Comparison
For the Capital Markets subindustry, Gedik Yatirim Menkul Degerler 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.
Gedik Yatirim Menkul Degerler AS Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Gedik Yatirim Menkul Degerler AS's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Gedik Yatirim Menkul Degerler AS's Altman Z-Score falls into.
Gedik Yatirim Menkul Degerler 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.
* 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.
Gedik Yatirim Menkul Degerler AS (IST:GEDIK) has a Altman Z-Score of 14.18 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Gedik Yatirim Menkul Degerler AS and its competitors. This is 159% above median its historical median of 5.48. Over the past decade, Gedik Yatirim Menkul Degerler AS's Altman Z-Score has ranged from 0.54 to 28.73. According to the industry distribution chart, Gedik Yatirim Menkul Degerler AS ranks #105 out of 659 companies in the Capital Markets industry, placing it in the top 15.9%.
Is Gedik Yatirim Menkul Degerler AS's Altman Z-Score too high?
Gedik Yatirim Menkul Degerler AS's current Altman Z-Score of 14.18 is 159% above median its 10-year median of 5.48. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 28.73. The Capital Markets industry median Altman Z-Score is 2.63. Gedik Yatirim Menkul Degerler AS's value of 14.18 is 439.2% above this industry median. Based on the distribution chart, Gedik Yatirim Menkul Degerler AS ranks #105 out of 659 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Gedik Yatirim Menkul Degerler AS has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gedik Yatirim Menkul Degerler AS's Altman Z-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Gedik Yatirim Menkul Degerler AS ranks #105 out of 659 companies for Altman Z-Score. This places Gedik Yatirim Menkul Degerler AS in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.63. Gedik Yatirim Menkul Degerler AS's value of 14.18 is 439.2% above this benchmark. Historically, Gedik Yatirim Menkul Degerler AS's own Altman Z-Score has ranged from 0.54 to 28.73 over the past decade. While the company's 10-year median is 5.48 vs. the industry median of 2.63, Gedik Yatirim Menkul Degerler 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 Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.63, based on 659 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. Gedik Yatirim Menkul Degerler AS's current Altman Z-Score of 14.18 is 439.2% 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 Gedik Yatirim Menkul Degerler AS and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gedik Yatirim Menkul Degerler AS's current Altman Z-Score is 14.18, which is 159% above median its own 10-year median of 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gedik Yatirim Menkul Degerler AS stock overvalued right now?
Based on GuruFocus' analysis, Gedik Yatirim Menkul Degerler AS (IST:GEDIK) is currently considered Possible Value Trap. The stock's GF Value™ is ₺48.71, compared to a current price of ₺6.51 — trading 86.6% below its estimated fair value. The current Altman Z-Score is 14.18, which is 159% above median its 10-year median of 5.48 and 439.2% above the Capital Markets industry median of 2.63. Gedik Yatirim Menkul Degerler AS's overall GF Score™ is 56/100 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 Gedik Yatirim Menkul Degerler AS (IST:GEDIK), the current Altman Z-Score is 14.18 as of Jul. 18, 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 Gedik Yatirim Menkul Degerler AS (IST:GEDIK) Overvalued in 2026?
Based on GuruFocus' analysis, Gedik Yatirim Menkul Degerler AS stock appears to be undervalued.
The current stock price of ₺6.51 is trading 86.6% below its estimated GF Value™ of ₺48.71.
GuruFocus considers Gedik Yatirim Menkul Degerler AS to be Possible Value Trap.
Key valuation signals for IST:GEDIK:
Altman Z-Score: 14.18 (159% above median its 10-year median of 5.48)
GF Value™: ₺48.71 vs. price of ₺6.51 (86.6% below fair value)
Industry Position: 439.2% above the Capital Markets median (#105 of 659)
No single metric tells the full story. See the IST:GEDIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gedik Yatirim Menkul Degerler AS Business Description
Gedik Yatirim Menkul Degerler AS is an investment banking advisory and brokerage company. It provides brokerage services, Investment Advisory, and Portfolio Management. Its services include securities trading; economy and company research; futures and options; asset management; and brokerage services for institutional investors.
56GF Score
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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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