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 5.55 is strong.
Tera Yatirim Teknoloji Holding AS has a Altman Z-Score of 5.81, 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 Tera Yatirim Teknoloji Holding AS's Altman Z-Score or its related term are showing as below:
IST:TEHOL'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.47 Med: 3.32 Max: 37.03
Current: 5.55
During the past 13 years, Tera Yatirim Teknoloji Holding AS's highest Altman Z-Score was 37.03. The lowest was -0.47. And the median was 3.32.
Tera Yatirim Teknoloji Holding AS (IST:TEHOL) 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.
Tera Yatirim Teknoloji Holding AS Altman Z-Score Chart
For the REIT - Diversified subindustry, Tera Yatirim Teknoloji Holding 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.
Tera Yatirim Teknoloji Holding AS Altman Z-Score vs REITs Industry
For the REITs industry and Real Estate sector, Tera Yatirim Teknoloji Holding AS's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Tera Yatirim Teknoloji Holding AS's Altman Z-Score falls into.
Tera Yatirim Teknoloji Holding 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.
Tera Yatirim Teknoloji Holding AS (IST:TEHOL) has a Altman Z-Score of 5.81 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tera Yatirim Teknoloji Holding AS and its competitors. This is 75% above median its historical median of 3.32. According to the industry distribution chart, Tera Yatirim Teknoloji Holding AS ranks #85 out of 737 companies in the REITs industry, placing it in the top 11.5%.
Is Tera Yatirim Teknoloji Holding AS's Altman Z-Score too high?
Tera Yatirim Teknoloji Holding AS's current Altman Z-Score of 5.81 is 75% above median its 10-year median of 3.32. The REITs industry median Altman Z-Score is 1.08. Tera Yatirim Teknoloji Holding AS's value of 5.81 is 438% above this industry median. Based on the distribution chart, Tera Yatirim Teknoloji Holding AS ranks #85 out of 737 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Tera Yatirim Teknoloji Holding AS has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tera Yatirim Teknoloji Holding AS's Altman Z-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Tera Yatirim Teknoloji Holding AS ranks #85 out of 737 companies for Altman Z-Score. This places Tera Yatirim Teknoloji Holding AS in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.08. Tera Yatirim Teknoloji Holding AS's value of 5.81 is 438% above this benchmark. While the company's 10-year median is 3.32 vs. the industry median of 1.08, Tera Yatirim Teknoloji Holding 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 REITs company?
The median Altman Z-Score among REITs companies is 1.08, based on 737 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. Tera Yatirim Teknoloji Holding AS's current Altman Z-Score of 5.81 is 438% 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 Tera Yatirim Teknoloji Holding AS and its competitors. For the REITs industry, the median Altman Z-Score is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tera Yatirim Teknoloji Holding AS's current Altman Z-Score is 5.81, which is 75% above median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tera Yatirim Teknoloji Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Tera Yatirim Teknoloji Holding AS (IST:TEHOL) is currently considered Possible Value Trap. The stock's GF Value™ is ₺146.22, compared to a current price of ₺39.02 — trading 73.3% below its estimated fair value. The current Altman Z-Score is 5.81, which is 75% above median its 10-year median of 3.32 and 438% above the REITs industry median of 1.08. Tera Yatirim Teknoloji Holding AS's overall GF Score™ is 54/100 with 2 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 Tera Yatirim Teknoloji Holding AS (IST:TEHOL), the current Altman Z-Score is 5.81 as of Jul. 04, 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 Tera Yatirim Teknoloji Holding AS (IST:TEHOL) Overvalued in 2026?
Based on GuruFocus' analysis, Tera Yatirim Teknoloji Holding AS stock appears to be undervalued.
The current stock price of ₺39.02 is trading 73.3% below its estimated GF Value™ of ₺146.22.
GuruFocus considers Tera Yatirim Teknoloji Holding AS to be Possible Value Trap.
Key valuation signals for IST:TEHOL:
Altman Z-Score: 5.81 (75% above median its 10-year median of 3.32)
GF Value™: ₺146.22 vs. price of ₺39.02 (73.3% below fair value)
Industry Position: 438% above the REITs median (#85 of 737)
No single metric tells the full story. See the IST:TEHOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tera Yatirim Teknoloji Holding AS Business Description
Tera Yatirim Teknoloji Holding AS is a real estate investment trust. Its main activity is investing in real estate development and real estate-based capital market instruments. The Company portfolio includes Sumerpark Shopping Center, Skycity Business Shopping Center, and Cyprus Aqua Dolce Project.
54GF Score
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