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Trematon Capital InvestmentsJSE:TMT 54 Altman Z-Score is 1.53 as of Jul. 18, 2026, which is 43% above its 10-year median of 1.07. GuruFocus rates JSE:TMT with a GF Score™ of 54/100 and a GF Value™ of R11.85 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,730 Real Estate companies, Trematon Capital Investments ranks better than 55.9% 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.
Warning Sign:
Altman Z-score of 1.52 is in distress zone. This implies bankruptcy possibility in the next two years.
Trematon Capital Investments has a Altman Z-Score of 1.53, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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 Trematon Capital Investments's Altman Z-Score or its related term are showing as below:
JSE:TMT'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.73 Med: 1.07 Max: 1.52
Current: 1.52
During the past 13 years, Trematon Capital Investments's highest Altman Z-Score was 1.52. The lowest was 0.73. And the median was 1.07.
Trematon Capital Investments (JSE:TMT) 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:TMT vs CBRE, BEKE, JLL: Altman Z-Score Comparison
For the Real Estate Services subindustry, Trematon Capital Investments'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.
Trematon Capital Investments Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Trematon Capital Investments's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Trematon Capital Investments's Altman Z-Score falls into.
Trematon Capital Investments 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.
Trematon Capital Investments (JSE:TMT) has a Altman Z-Score of 1.53 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Trematon Capital Investments and its competitors. This is 43% above median its historical median of 1.07. Over the past decade, Trematon Capital Investments' Altman Z-Score has ranged from 0.73 to 1.52. According to the industry distribution chart, Trematon Capital Investments ranks #763 out of 1730 companies in the Real Estate industry, placing it in the top 44.1%.
Is Trematon Capital Investments' Altman Z-Score too high?
Trematon Capital Investments' current Altman Z-Score of 1.53 is 43% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.52. The Real Estate industry median Altman Z-Score is 1.32. Trematon Capital Investments' value of 1.53 is 16.3% above this industry median. Based on the distribution chart, Trematon Capital Investments ranks #763 out of 1730 companies in the Real Estate industry, which is above the industry midpoint. Overall, Trematon Capital Investments 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 Trematon Capital Investments' Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Trematon Capital Investments ranks #763 out of 1730 companies for Altman Z-Score. This puts Trematon Capital Investments in the upper half of its industry. The industry median Altman Z-Score is 1.32. Trematon Capital Investments' value of 1.53 is 16.3% above this benchmark. Historically, Trematon Capital Investments' own Altman Z-Score has ranged from 0.73 to 1.52 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.32, Trematon Capital Investments 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.32, based on 1,730 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. Trematon Capital Investments's current Altman Z-Score of 1.53 is 16.3% 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 Trematon Capital Investments and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trematon Capital Investments's current Altman Z-Score is 1.53, which is 43% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trematon Capital Investments stock overvalued right now?
Based on GuruFocus' analysis, Trematon Capital Investments (JSE:TMT) is currently considered Possible Value Trap. The stock's GF Value™ is R11.85, compared to a current price of R1.24 — trading 89.5% below its estimated fair value. The current Altman Z-Score is 1.53, which is 43% above median its 10-year median of 1.07 and 16.3% above the Real Estate industry median of 1.32. Trematon Capital Investments' overall GF Score™ is 54/100 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 Trematon Capital Investments (JSE:TMT), the current Altman Z-Score is 1.53 as of Jul. 18, 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 Trematon Capital Investments (JSE:TMT) Overvalued in 2026?
Based on GuruFocus' analysis, Trematon Capital Investments stock appears to be undervalued.
The current stock price of R1.24 is trading 89.5% below its estimated GF Value™ of R11.85.
GuruFocus considers Trematon Capital Investments to be Possible Value Trap.
Key valuation signals for JSE:TMT:
Altman Z-Score: 1.53 (43% above median its 10-year median of 1.07)
GF Value™: R11.85 vs. price of R1.24 (89.5% below fair value)
Industry Position: 16.3% above the Real Estate median (#763 of 1730)
No single metric tells the full story. See the JSE:TMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trematon Capital Investments Ltd operates as an investment holding company that invests in assets and businesses that its management believes are undervalued and have the potential to achieve its targeted internal rate of return. The company's reportable segments are Property investments, Education, Edutech, UK property investments, Corporate and other. Maximum revenue for the company is generated from its Property investments segment which generates income from the sale of investment property and inventory, rental income on investment property, fair value gains on property investments, and dividend income from reporting entities within the segment. Geographically, the company has a business presence in South Africa and the United Kingdom.
54GF Score
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