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Vakif Faktoring ASIST:VAKFA -1.56%12 Altman Z-Score is 176.42 as of Jul. 21, 2026, which is 1% above its 10-year median of 174.71. GuruFocus rates IST:VAKFA with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 410 Credit Services companies, Vakif Faktoring AS ranks better than 97.32% 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 179.2 is strong.
Vakif Faktoring AS has a Altman Z-Score of 176.42, 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 Vakif Faktoring AS's Altman Z-Score or its related term are showing as below:
IST:VAKFA'
s Altman Z-Score Range Over the Past 10 Years
Min: 174.71 Med: 174.71 Max: 179.2
Current: 179.2
During the past 5 years, Vakif Faktoring AS's highest Altman Z-Score was 179.20. The lowest was 174.71. And the median was 174.71.
Vakif Faktoring AS (IST:VAKFA) 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.
Vakif Faktoring AS Altman Z-Score Related Terms
Vakif Faktoring AS Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Vakif Faktoring 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:VAKFA vs V, MA, AXP: Altman Z-Score Comparison
For the Credit Services subindustry, Vakif Faktoring 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.
Vakif Faktoring AS Altman Z-Score vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Vakif Faktoring AS's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Vakif Faktoring 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.
Vakif Faktoring AS's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.1571
+
1.4
*
0.047
+
3.3
*
0.0656
+
0.6
*
292.8612
+
1.0
*
0.2286
=
176.42
* 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.
Vakif Faktoring AS (IST:VAKFA) has a Altman Z-Score of 176.42 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Vakif Faktoring AS and its competitors. This is near median its historical median of 174.71. Over the past decade, Vakif Faktoring AS's Altman Z-Score has ranged from 174.71 to 179.20. According to the industry distribution chart, Vakif Faktoring AS ranks #11 out of 410 companies in the Credit Services industry, placing it in the top 2.7%.
Is Vakif Faktoring AS's Altman Z-Score too high?
Vakif Faktoring AS's current Altman Z-Score of 176.42 is near median its 10-year median of 174.71. Over the past 10 years, this metric has ranged from a low of 174.71 to a high of 179.20. The Credit Services industry median Altman Z-Score is 1.73. Vakif Faktoring AS's value of 176.42 is 10097.7% above this industry median. Based on the distribution chart, Vakif Faktoring AS ranks #11 out of 410 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Vakif Faktoring AS has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Vakif Faktoring AS's Altman Z-Score compare to V and MA?
According to the Credit Services industry distribution chart, Vakif Faktoring AS ranks #11 out of 410 companies for Altman Z-Score. This places Vakif Faktoring AS in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.73. Vakif Faktoring AS's value of 176.42 is 10097.7% above this benchmark. Historically, Vakif Faktoring AS's own Altman Z-Score has ranged from 174.71 to 179.20 over the past decade. While the company's 10-year median is 174.71 vs. the industry median of 1.73, Vakif Faktoring 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 Credit Services company?
The median Altman Z-Score among Credit Services companies is 1.73, based on 410 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. Vakif Faktoring AS's current Altman Z-Score of 176.42 is 10097.7% 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 Vakif Faktoring AS and its competitors. For the Credit Services industry, the median Altman Z-Score is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vakif Faktoring AS's current Altman Z-Score is 176.42, which is near median its own 10-year median of 174.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vakif Faktoring AS stock overvalued right now?
Vakif Faktoring AS (IST:VAKFA) has a current Altman Z-Score of 176.42. The current Altman Z-Score is 176.42, which is near median its 10-year median of 174.71 and 10097.7% above the Credit Services industry median of 1.73. Vakif Faktoring AS's overall GF Score™ is 12/100 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 Vakif Faktoring AS (IST:VAKFA), the current Altman Z-Score is 176.42 as of Jul. 21, 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.
Vakif Faktoring AS is engaged in Factoring sector. It provides services to wider range of clients ranging from SME's to corporate firms with international scale. Domestically its services involve: Funding, Guarantee, and Commercial Collection Management; whereas in Foreign Trade it involves Export Factoring, and Import Factoring.
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