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Oasis Crescent Property FundJSE:OAS 74 Altman Z-Score is 17.23 as of Jul. 16, 2026, which is 16% above its 10-year median of 14.87. GuruFocus rates JSE:OAS with a GF Score™ of 74/100 and a GF Value™ of R24.04 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 734 REITs companies, Oasis Crescent Property Fund ranks better than 93.19% 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 17.26 is strong.
Oasis Crescent Property Fund has a Altman Z-Score of 17.23, 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 Oasis Crescent Property Fund's Altman Z-Score or its related term are showing as below:
JSE:OAS'
s Altman Z-Score Range Over the Past 10 Years
Min: 6.16 Med: 14.87 Max: 19.07
Current: 17.26
During the past 13 years, Oasis Crescent Property Fund's highest Altman Z-Score was 19.07. The lowest was 6.16. And the median was 14.87.
Oasis Crescent Property Fund (JSE:OAS) 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.
JSE:OAS vs VICI, WPC, BNL: Altman Z-Score Comparison
For the REIT - Diversified subindustry, Oasis Crescent Property Fund'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.
Oasis Crescent Property Fund Altman Z-Score vs REITs Industry
For the REITs industry and Real Estate sector, Oasis Crescent Property Fund's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Oasis Crescent Property Fund's Altman Z-Score falls into.
Oasis Crescent Property Fund 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.
Oasis Crescent Property Fund (JSE:OAS) has a Altman Z-Score of 17.23 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Oasis Crescent Property Fund and its competitors. This is 16% above median its historical median of 14.87. Over the past decade, Oasis Crescent Property Fund's Altman Z-Score has ranged from 6.16 to 19.07. According to the industry distribution chart, Oasis Crescent Property Fund ranks #50 out of 734 companies in the REITs industry, placing it in the top 6.8%.
Is Oasis Crescent Property Fund's Altman Z-Score too high?
Oasis Crescent Property Fund's current Altman Z-Score of 17.23 is 16% above median its 10-year median of 14.87. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 19.07. The REITs industry median Altman Z-Score is 1.08. Oasis Crescent Property Fund's value of 17.23 is 1495.4% above this industry median. Based on the distribution chart, Oasis Crescent Property Fund ranks #50 out of 734 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Oasis Crescent Property Fund has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oasis Crescent Property Fund's Altman Z-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Oasis Crescent Property Fund ranks #50 out of 734 companies for Altman Z-Score. This places Oasis Crescent Property Fund in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.08. Oasis Crescent Property Fund's value of 17.23 is 1495.4% above this benchmark. Historically, Oasis Crescent Property Fund's own Altman Z-Score has ranged from 6.16 to 19.07 over the past decade. While the company's 10-year median is 14.87 vs. the industry median of 1.08, Oasis Crescent Property Fund 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 734 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. Oasis Crescent Property Fund's current Altman Z-Score of 17.23 is 1495.4% 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 Oasis Crescent Property Fund 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. Oasis Crescent Property Fund's current Altman Z-Score is 17.23, which is 16% above median its own 10-year median of 14.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oasis Crescent Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Oasis Crescent Property Fund (JSE:OAS) is currently considered Modestly Overvalued. The stock's GF Value™ is R24.04, compared to a current price of R29.35 — trading 22.1% above its estimated fair value. The current Altman Z-Score is 17.23, which is 16% above median its 10-year median of 14.87 and 1495.4% above the REITs industry median of 1.08. Oasis Crescent Property Fund's overall GF Score™ is 74/100 with 6 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 Oasis Crescent Property Fund (JSE:OAS), the current Altman Z-Score is 17.23 as of Jul. 16, 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 Oasis Crescent Property Fund (JSE:OAS) Overvalued in 2026?
Based on GuruFocus' analysis, Oasis Crescent Property Fund stock appears to be overvalued.
The current stock price of R29.35 is trading 22.1% above its estimated GF Value™ of R24.04.
GuruFocus considers Oasis Crescent Property Fund to be Modestly Overvalued.
Key valuation signals for JSE:OAS:
Altman Z-Score: 17.23 (16% above median its 10-year median of 14.87)
GF Value™: R24.04 vs. price of R29.35 (22.1% above fair value)
Industry Position: 1495.4% above the REITs median (#50 of 734)
No single metric tells the full story. See the JSE:OAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oasis Crescent Property Fund is a closed-ended REIT property fund established to provide sustainable income and real returns to investors by investing in shares of companies, collective investment schemes, and real estate investment trusts. The Fund operates in the following primary business segments such as Office - comprising office buildings and office parking, Industrial - industrial buildings such as warehouses and factories, Retail - comprising retail outlets, Investments - comprising financial assets at fair value through profit or loss, other financial assets at fair value through profit or loss, other short-term financial assets at fair value through profit or loss, other receivables and cash and cash equivalents.
74GF Score
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