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What is Reeder Teknolojinayi ve Ticaret AS Altman Z-Score?
Reeder Teknolojinayi ve Ticaret ASIST:REEDR +0.31%22 Altman Z-Score is 3.19 as of Jul. 13, 2026, which is 46% below its 10-year median of 5.94. GuruFocus rates IST:REEDR with a GF Score™ of 22/100. The stock has 5 warning signs investors should review. Among 2,464 Hardware companies, Reeder Teknolojinayi ve Ticaret AS ranks worse than 55.56% 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 3.16 is strong.
Reeder Teknolojinayi ve Ticaret AS has a Altman Z-Score of 3.19, 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.
IST:REEDR'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.16 Med: 5.94 Max: 5.94
Current: 3.16
During the past 5 years, Reeder Teknolojinayi ve Ticaret AS's highest Altman Z-Score was 5.94. The lowest was 3.16. And the median was 5.94.
Reeder Teknolojinayi ve Ticaret AS (IST:REEDR) 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.
Reeder Teknolojinayi ve Ticaret AS Altman Z-Score Chart
Reeder Teknolojinayi ve Ticaret AS Annual Data
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Reeder Teknolojinayi ve Ticaret AS Semi-Annual Data
For the Consumer Electronics subindustry, Reeder Teknolojinayi ve 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.
Reeder Teknolojinayi ve Ticaret AS Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Reeder Teknolojinayi ve Ticaret AS's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Reeder Teknolojinayi ve Ticaret AS's Altman Z-Score falls into.
Reeder Teknolojinayi ve 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.
Reeder Teknolojinayi ve Ticaret AS (IST:REEDR) has a Altman Z-Score of 3.19 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Reeder Teknolojinayi ve Ticaret AS and its competitors. This is 46% below median its historical median of 5.94. Over the past decade, Reeder Teknolojinayi ve Ticaret AS's Altman Z-Score has ranged from 3.16 to 5.94. According to the industry distribution chart, Reeder Teknolojinayi ve Ticaret AS ranks #1369 out of 2464 companies in the Hardware industry, placing it in the top 55.6%.
Is Reeder Teknolojinayi ve Ticaret AS's Altman Z-Score too high?
Reeder Teknolojinayi ve Ticaret AS's current Altman Z-Score of 3.19 is 46% below median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 5.94. The Hardware industry median Altman Z-Score is 3.60. Reeder Teknolojinayi ve Ticaret AS's value of 3.19 is 11.3% below this industry median. Based on the distribution chart, Reeder Teknolojinayi ve Ticaret AS ranks #1369 out of 2464 companies in the Hardware industry, which is below the industry midpoint. Overall, Reeder Teknolojinayi ve Ticaret AS has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Reeder Teknolojinayi ve Ticaret AS's Altman Z-Score compare to AAPL?
According to the Hardware industry distribution chart, Reeder Teknolojinayi ve Ticaret AS ranks #1369 out of 2464 companies for Altman Z-Score. This places Reeder Teknolojinayi ve Ticaret AS in the lower half of its industry. The industry median Altman Z-Score is 3.60. Reeder Teknolojinayi ve Ticaret AS's value of 3.19 is 11.3% below this benchmark. Historically, Reeder Teknolojinayi ve Ticaret AS's own Altman Z-Score has ranged from 3.16 to 5.94 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 3.60, Reeder Teknolojinayi ve Ticaret AS has consistently been below 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.60, based on 2,464 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. Reeder Teknolojinayi ve Ticaret AS's current Altman Z-Score of 3.19 is 11.3% below 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 Reeder Teknolojinayi ve Ticaret AS and its competitors. For the Hardware industry, the median Altman Z-Score is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reeder Teknolojinayi ve Ticaret AS's current Altman Z-Score is 3.19, which is 46% below median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reeder Teknolojinayi ve Ticaret AS stock overvalued right now?
Reeder Teknolojinayi ve Ticaret AS (IST:REEDR) has a current Altman Z-Score of 3.19. The current Altman Z-Score is 3.19, which is 46% below median its 10-year median of 5.94 and 11.3% below the Hardware industry median of 3.60. Reeder Teknolojinayi ve Ticaret AS's overall GF Score™ is 22/100 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 Reeder Teknolojinayi ve Ticaret AS (IST:REEDR), the current Altman Z-Score is 3.19 as of Jul. 13, 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.
Reeder Teknolojinayi ve Ticaret AS Business Description
Reeder Teknoloji Sanayi ve Ticaret AS is a company engaged in producing electronic products, which are smart mobile phones, robot vacuum cleaners, smart watches, smart televisions, and tablets. The company generates revenue from sales of mobile phones, tablets, robot vacuum cleaners, smart watches, and accessories.
22GF Score
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