What is Visne Madencilik Uretimnayi Ve Ticaret AS Altman Z-Score?
Visne Madencilik Uretimnayi Ve Ticaret ASIST:VSNMD -1.81%18 Altman Z-Score is 12.27 as of Jul. 03, 2026, which is 54% below its 10-year median of 26.89. GuruFocus rates IST:VSNMD with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 402 Building Materials companies, Visne Madencilik Uretimnayi Ve Ticaret AS ranks better than 95.52% 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 13.47 is strong.
Visne Madencilik Uretimnayi Ve Ticaret AS has a Altman Z-Score of 12.27, 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.
Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD) 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.
Visne Madencilik Uretimnayi Ve Ticaret AS Altman Z-Score Chart
Visne Madencilik Uretimnayi Ve Ticaret AS Annual Data
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Visne Madencilik Uretimnayi Ve Ticaret AS Quarterly Data
IST:VSNMD vs CRH, VMC, MLM: Altman Z-Score Comparison
For the Building Materials subindustry, Visne Madencilik Uretimnayi 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.
Visne Madencilik Uretimnayi Ve Ticaret AS Altman Z-Score vs Building Materials Industry
Visne Madencilik Uretimnayi 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.
Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD) has a Altman Z-Score of 12.27 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Visne Madencilik Uretimnayi Ve Ticaret AS and its competitors. This is 54% below median its historical median of 26.89. Over the past decade, Visne Madencilik Uretimnayi Ve Ticaret AS's Altman Z-Score has ranged from 10.54 to 98.19. According to the industry distribution chart, Visne Madencilik Uretimnayi Ve Ticaret AS ranks #18 out of 402 companies in the Building Materials industry, placing it in the top 4.5%.
Is Visne Madencilik Uretimnayi Ve Ticaret AS's Altman Z-Score too high?
Visne Madencilik Uretimnayi Ve Ticaret AS's current Altman Z-Score of 12.27 is 54% below median its 10-year median of 26.89. Over the past 10 years, this metric has ranged from a low of 10.54 to a high of 98.19. The Building Materials industry median Altman Z-Score is 2.23. Visne Madencilik Uretimnayi Ve Ticaret AS's value of 12.27 is 451.5% above this industry median. Based on the distribution chart, Visne Madencilik Uretimnayi Ve Ticaret AS ranks #18 out of 402 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Visne Madencilik Uretimnayi Ve Ticaret AS has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Visne Madencilik Uretimnayi Ve Ticaret AS's Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Visne Madencilik Uretimnayi Ve Ticaret AS ranks #18 out of 402 companies for Altman Z-Score. This places Visne Madencilik Uretimnayi Ve Ticaret AS in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.23. Visne Madencilik Uretimnayi Ve Ticaret AS's value of 12.27 is 451.5% above this benchmark. Historically, Visne Madencilik Uretimnayi Ve Ticaret AS's own Altman Z-Score has ranged from 10.54 to 98.19 over the past decade. While the company's 10-year median is 26.89 vs. the industry median of 2.23, Visne Madencilik Uretimnayi Ve 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 a Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.23, based on 402 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. Visne Madencilik Uretimnayi Ve Ticaret AS's current Altman Z-Score of 12.27 is 451.5% 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 Visne Madencilik Uretimnayi Ve Ticaret AS and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visne Madencilik Uretimnayi Ve Ticaret AS's current Altman Z-Score is 12.27, which is 54% below median its own 10-year median of 26.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visne Madencilik Uretimnayi Ve Ticaret AS stock overvalued right now?
Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD) has a current Altman Z-Score of 12.27. The current Altman Z-Score is 12.27, which is 54% below median its 10-year median of 26.89 and 451.5% above the Building Materials industry median of 2.23. Visne Madencilik Uretimnayi Ve Ticaret AS's overall GF Score™ is 18/100 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 Visne Madencilik Uretimnayi Ve Ticaret AS (IST:VSNMD), the current Altman Z-Score is 12.27 as of Jul. 03, 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.
Visne Madencilik Uretimnayi Ve Ticaret AS Business Description
Visne Madencilik Uretim Sanayi Ve Ticaret AS is engaged in the production of limestone, gravel, oven stone, lump lime, slaked lime, and substances and materials containing lime or mixed with lime, and soil industry products. The company is also engaged in the establishment, renting, leasing, and operation of all kinds of mining and lime production facilities.
18GF Score
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