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 14.79 is strong.
Mackolik Internet Hizmetleri Ticaret AS has a Altman Z-Score of 14.79, 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.
Mackolik Internet Hizmetleri Ticaret AS (IST:MACKO) 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.
Mackolik Internet Hizmetleri Ticaret AS Altman Z-Score Chart
Mackolik Internet Hizmetleri Ticaret AS Annual Data
IST:MACKO vs GOOGL, META, SPOT: Altman Z-Score Comparison
For the Internet Content & Information subindustry, Mackolik Internet Hizmetleri Ticaret 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.
Mackolik Internet Hizmetleri Ticaret AS Altman Z-Score vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Mackolik Internet Hizmetleri Ticaret AS's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Mackolik Internet Hizmetleri Ticaret AS's Altman Z-Score falls into.
Mackolik Internet Hizmetleri Ticaret 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.
Mackolik Internet Hizmetleri Ticaret AS (IST:MACKO) has a Altman Z-Score of 14.79 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mackolik Internet Hizmetleri Ticaret AS and its competitors. This is 20% below median its historical median of 18.52. Over the past decade, Mackolik Internet Hizmetleri Ticaret AS's Altman Z-Score has ranged from 12.77 to 49.44. According to the industry distribution chart, Mackolik Internet Hizmetleri Ticaret AS ranks #49 out of 550 companies in the Interactive Media industry, placing it in the top 8.9%.
Is Mackolik Internet Hizmetleri Ticaret AS's Altman Z-Score too high?
Mackolik Internet Hizmetleri Ticaret AS's current Altman Z-Score of 14.79 is 20% below median its 10-year median of 18.52. Over the past 10 years, this metric has ranged from a low of 12.77 to a high of 49.44. The Interactive Media industry median Altman Z-Score is 3.00. Mackolik Internet Hizmetleri Ticaret AS's value of 14.79 is 393.8% above this industry median. Based on the distribution chart, Mackolik Internet Hizmetleri Ticaret AS ranks #49 out of 550 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Mackolik Internet Hizmetleri Ticaret AS has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mackolik Internet Hizmetleri Ticaret AS's Altman Z-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Mackolik Internet Hizmetleri Ticaret AS ranks #49 out of 550 companies for Altman Z-Score. This places Mackolik Internet Hizmetleri Ticaret AS in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.00. Mackolik Internet Hizmetleri Ticaret AS's value of 14.79 is 393.8% above this benchmark. Historically, Mackolik Internet Hizmetleri Ticaret AS's own Altman Z-Score has ranged from 12.77 to 49.44 over the past decade. While the company's 10-year median is 18.52 vs. the industry median of 3.00, Mackolik Internet Hizmetleri Ticaret 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 an Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.00, based on 550 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. Mackolik Internet Hizmetleri Ticaret AS's current Altman Z-Score of 14.79 is 393.8% 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 Mackolik Internet Hizmetleri Ticaret AS and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mackolik Internet Hizmetleri Ticaret AS's current Altman Z-Score is 14.79, which is 20% below median its own 10-year median of 18.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mackolik Internet Hizmetleri Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Mackolik Internet Hizmetleri Ticaret AS (IST:MACKO) is currently considered Fairly Valued. The stock's GF Value™ is ₺38.03, compared to a current price of ₺34.62 — trading 9% below its estimated fair value. The current Altman Z-Score is 14.79, which is 20% below median its 10-year median of 18.52 and 393.8% above the Interactive Media industry median of 3.00. Mackolik Internet Hizmetleri Ticaret AS's overall GF Score™ is 100/100 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 Mackolik Internet Hizmetleri Ticaret AS (IST:MACKO), the current Altman Z-Score is 14.79 as of Jun. 28, 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 Mackolik Internet Hizmetleri Ticaret AS (IST:MACKO) Overvalued in 2026?
Based on GuruFocus' analysis, Mackolik Internet Hizmetleri Ticaret AS stock appears to be undervalued.
The current stock price of ₺34.62 is trading 9% below its estimated GF Value™ of ₺38.03.
GuruFocus considers Mackolik Internet Hizmetleri Ticaret AS to be Fairly Valued.
Key valuation signals for IST:MACKO:
Altman Z-Score: 14.79 (20% below median its 10-year median of 18.52)
GF Value™: ₺38.03 vs. price of ₺34.62 (9% below fair value)
Industry Position: 393.8% above the Interactive Media median (#49 of 550)
No single metric tells the full story. See the IST:MACKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mackolik Internet Hizmetleri Ticaret AS Business Description
Mackolik Internet Hizmetleri Ticaret AS owns and operates independent sports websites. It provides reviews or ratings of favorite sports, tournaments, teams, events or personalities, and/or other topics of interest to sports fans.
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