Caxton and CTP Publishers and Printers (JSE:CAT) Altman Z-Score: 3.84 (As of Jun. 30, 2026) — Near Median


JSE:CAT Caxton and CTP Publishers and Printers Ltd JSE:CAT
88 GF Score
Price R12.29
GF Value R12.33
Valuation Fairly Valued
! 3 Warning Signs
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What is Caxton and CTP Publishers and Printers Altman Z-Score?

Caxton and CTP Publishers and Printers JSE:CAT +3.28% 88 Altman Z-Score is 3.84 as of Jun. 30, 2026, which is 3% above its 10-year median of 3.72. GuruFocus rates JSE:CAT with a GF Score™ of 88/100 and a GF Value™ of R12.33 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,014 Media - Diversified companies, Caxton and CTP Publishers and Printers ranks better than 75.84% 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 3.79 is strong.

Caxton and CTP Publishers and Printers has a Altman Z-Score of 3.84, 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 Caxton and CTP Publishers and Printers's Altman Z-Score or its related term are showing as below:

JSE:CAT' s Altman Z-Score Range Over the Past 10 Years
Min: 3.09   Med: 3.72   Max: 4.8
Current: 3.79

During the past 13 years, Caxton and CTP Publishers and Printers's highest Altman Z-Score was 4.80. The lowest was 3.09. And the median was 3.72.


Caxton and CTP Publishers and Printers  (JSE:CAT) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Caxton and CTP Publishers and Printers Altman Z-Score Related Terms


Caxton and CTP Publishers and Printers Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Caxton and CTP Publishers and Printers'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.

Caxton and CTP Publishers and Printers Altman Z-Score Chart

Caxton and CTP Publishers and Printers Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 3.25 3.65 3.56 3.78

Caxton and CTP Publishers and Printers Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.56 0.00 3.78 0.00

JSE:CAT vs NYT, WLY: Altman Z-Score Comparison

For the Publishing subindustry, Caxton and CTP Publishers and Printers'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.


Caxton and CTP Publishers and Printers Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Caxton and CTP Publishers and Printers's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Caxton and CTP Publishers and Printers's Altman Z-Score falls into.


JSE:CAT
88GF Score
Caxton and CTP Publishers and Printers Ltd JSE:CAT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Caxton and CTP Publishers and Printers 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.

Caxton and CTP Publishers and Printers'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*0.4344+1.4*0.6915+3.3*0.0778+0.6*2.3626+1.0*0.6748
=3.84

* 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.

Trailing Twelve Months (TTM) ended in Jun. 2025:
Total Assets was R9,943 Mil.
Total Current Assets was R5,668 Mil.
Total Current Liabilities was R1,349 Mil.
Retained Earnings was R6,876 Mil.
Pre-Tax Income was R771 Mil.
Interest Expense was R-3 Mil.
Revenue was R6,709 Mil.
Market Cap (Today) was R4,345 Mil.
Total Liabilities was R1,839 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(5667.646 - 1348.571)/9942.709
=0.4344

X2=Retained Earnings/Total Assets
=6875.715/9942.709
=0.6915

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(770.682 - -2.878)/9942.709
=0.0778

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4345.378/1839.203
=2.3626

X5=Revenue/Total Assets
=6709.078/9942.709
=0.6748

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Caxton and CTP Publishers and Printers has a Altman Z-Score of 3.84 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 3.84 mean?
Caxton and CTP Publishers and Printers (JSE:CAT) has a Altman Z-Score of 3.84 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Caxton and CTP Publishers and Printers and its competitors. This is near median its historical median of 3.72. Over the past decade, Caxton and CTP Publishers and Printers' Altman Z-Score has ranged from 3.09 to 4.80. According to the industry distribution chart, Caxton and CTP Publishers and Printers ranks #245 out of 1014 companies in the Media - Diversified industry, placing it in the top 24.2%.
Is Caxton and CTP Publishers and Printers' Altman Z-Score too high?
Caxton and CTP Publishers and Printers' current Altman Z-Score of 3.84 is near median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 4.80. The Media - Diversified industry median Altman Z-Score is 1.95. Caxton and CTP Publishers and Printers' value of 3.84 is 96.9% above this industry median. Based on the distribution chart, Caxton and CTP Publishers and Printers ranks #245 out of 1014 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Caxton and CTP Publishers and Printers has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caxton and CTP Publishers and Printers' Altman Z-Score compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Caxton and CTP Publishers and Printers ranks #245 out of 1014 companies for Altman Z-Score. This places Caxton and CTP Publishers and Printers in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.95. Caxton and CTP Publishers and Printers' value of 3.84 is 96.9% above this benchmark. Historically, Caxton and CTP Publishers and Printers' own Altman Z-Score has ranged from 3.09 to 4.80 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 1.95, Caxton and CTP Publishers and Printers 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.95, based on 1,014 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. Caxton and CTP Publishers and Printers's current Altman Z-Score of 3.84 is 96.9% 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 Caxton and CTP Publishers and Printers and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caxton and CTP Publishers and Printers's current Altman Z-Score is 3.84, which is near median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caxton and CTP Publishers and Printers stock overvalued right now?
Based on GuruFocus' analysis, Caxton and CTP Publishers and Printers (JSE:CAT) is currently considered Fairly Valued. The stock's GF Value™ is R12.33, compared to a current price of R12.29 — trading 0.3% below its estimated fair value. The current Altman Z-Score is 3.84, which is near median its 10-year median of 3.72 and 96.9% above the Media - Diversified industry median of 1.95. Caxton and CTP Publishers and Printers' overall GF Score™ is 88/100 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 Caxton and CTP Publishers and Printers (JSE:CAT), the current Altman Z-Score is 3.84 as of Jun. 30, 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 Caxton and CTP Publishers and Printers (JSE:CAT) Overvalued in 2026?

Based on GuruFocus' analysis, Caxton and CTP Publishers and Printers stock appears to be undervalued. The current stock price of R12.29 is trading 0.3% below its estimated GF Value™ of R12.33. GuruFocus considers Caxton and CTP Publishers and Printers to be Fairly Valued.

Key valuation signals for JSE:CAT:

  • Altman Z-Score: 3.84 (near median its 10-year median of 3.72)
  • GF Value™: R12.33 vs. price of R12.29 (0.3% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 96.9% above the Media - Diversified median (#245 of 1014)

No single metric tells the full story. See the JSE:CAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caxton and CTP Publishers and Printers Business Description

Address Caxton House, Craighall Park, 368 Jan Smuts Avenue, Johannesburg, GT, ZAF, 2196
Caxton and CTP Publishers and Printers Ltd is involved in the publishing and printing of newspapers and magazines, as well as in the manufacturing and distribution of packaging, stationery, and labels. It operates through three reportable segments: Publishing, Printing and Distribution; Packaging and Stationery; and Other. The Publishing, Printing and Distribution segment derives revenue from newspaper publishing and printing, digital assets, web and gravure printing, and book and magazine printing. The Packaging and Stationery segment derives revenue from selling packaging and stationery products. The Other segment derives revenue from dividends, intergroup rent, and interest. The majority of revenue comes from Packaging and Stationery.
88GF Score

Get the complete analysis for JSE:CAT

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R12.29
Price
R12.33
GF Value