Alkout Industrial Projects Co KSCC (KUW:ALKOUT) Altman Z-Score: 8.30 (As of Jul. 21, 2026) — 27% Above Median

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KUW:ALKOUT Alkout Industrial Projects Co KSCC KUW:ALKOUT
38 GF Score
Price KWD0.85
GF Value KWD0.82
Valuation Fairly Valued
! 3 Warning Signs
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What is Alkout Industrial Projects Co KSCC Altman Z-Score?

Alkout Industrial Projects Co KSCC KUW:ALKOUT -4.39% 38 Altman Z-Score is 8.30 as of Jul. 21, 2026, which is 27% above its 10-year median of 6.53. GuruFocus rates KUW:ALKOUT with a GF Score™ of 38/100 and a GF Value™ of KWD0.82 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,562 Chemicals companies, Alkout Industrial Projects Co KSCC ranks better than 85.53% 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 8.58 is strong.

Alkout Industrial Projects Co KSCC has a Altman Z-Score of 8.30, 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 Alkout Industrial Projects Co KSCC's Altman Z-Score or its related term are showing as below:

KUW:ALKOUT' s Altman Z-Score Range Over the Past 10 Years
Min: 3.49   Med: 6.53   Max: 12.52
Current: 8.58

During the past 13 years, Alkout Industrial Projects Co KSCC's highest Altman Z-Score was 12.52. The lowest was 3.49. And the median was 6.53.


Alkout Industrial Projects Co KSCC  (KUW:ALKOUT) 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.


Alkout Industrial Projects Co KSCC Altman Z-Score Related Terms


Alkout Industrial Projects Co KSCC Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Alkout Industrial Projects Co KSCC'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.

Alkout Industrial Projects Co KSCC Altman Z-Score Chart

Alkout Industrial Projects Co KSCC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.23 5.19 8.36 11.76 10.35

Alkout Industrial Projects Co KSCC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.44 9.51 12.52 10.35 8.05

KUW:ALKOUT vs DOW: Altman Z-Score Comparison

For the Chemicals subindustry, Alkout Industrial Projects Co KSCC'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.


Alkout Industrial Projects Co KSCC Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alkout Industrial Projects Co KSCC's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Alkout Industrial Projects Co KSCC's Altman Z-Score falls into.


KUW:ALKOUT
38GF Score
Alkout Industrial Projects Co KSCC KUW:ALKOUT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkout Industrial Projects Co KSCC 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.

Alkout Industrial Projects Co KSCC'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*0.3974+1.4*0.4472+3.3*0.1317+0.6*10.0007+1.0*0.764
=8.30

* 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 Mar. 2026:
Total Assets was KWD47.88 Mil.
Total Current Assets was KWD24.92 Mil.
Total Current Liabilities was KWD5.89 Mil.
Retained Earnings was KWD21.41 Mil.
Pre-Tax Income was 1.079 + 1.803 + 1.871 + 1.517 = KWD6.27 Mil.
Interest Expense was -0.006 + -0.009 + -0.007 + -0.015 = KWD-0.04 Mil.
Revenue was 7.864 + 9.586 + 9.469 + 9.665 = KWD36.58 Mil.
Market Cap (Today) was KWD85.77 Mil.
Total Liabilities was KWD8.58 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
=(24.92 - 5.891)/47.883
=0.3974

X2=Retained Earnings/Total Assets
=21.413/47.883
=0.4472

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(6.27 - -0.037)/47.883
=0.1317

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=85.766/8.576
=10.0007

X5=Revenue/Total Assets
=36.584/47.883
=0.764

The zones of discrimination were as such:

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

Alkout Industrial Projects Co KSCC has a Altman Z-Score of 8.30 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 8.30 mean?
Alkout Industrial Projects Co KSCC (KUW:ALKOUT) has a Altman Z-Score of 8.30 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Alkout Industrial Projects Co KSCC and its competitors. This is 27% above median its historical median of 6.53. Over the past decade, Alkout Industrial Projects Co KSCC's Altman Z-Score has ranged from 3.49 to 12.52. According to the industry distribution chart, Alkout Industrial Projects Co KSCC ranks #226 out of 1562 companies in the Chemicals industry, placing it in the top 14.5%.
Is Alkout Industrial Projects Co KSCC's Altman Z-Score too high?
Alkout Industrial Projects Co KSCC's current Altman Z-Score of 8.30 is 27% above median its 10-year median of 6.53. Over the past 10 years, this metric has ranged from a low of 3.49 to a high of 12.52. The Chemicals industry median Altman Z-Score is 3.06. Alkout Industrial Projects Co KSCC's value of 8.30 is 171.2% above this industry median. Based on the distribution chart, Alkout Industrial Projects Co KSCC ranks #226 out of 1562 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Alkout Industrial Projects Co KSCC has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alkout Industrial Projects Co KSCC's Altman Z-Score compare to DOW?
According to the Chemicals industry distribution chart, Alkout Industrial Projects Co KSCC ranks #226 out of 1562 companies for Altman Z-Score. This places Alkout Industrial Projects Co KSCC in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.06. Alkout Industrial Projects Co KSCC's value of 8.30 is 171.2% above this benchmark. Historically, Alkout Industrial Projects Co KSCC's own Altman Z-Score has ranged from 3.49 to 12.52 over the past decade. While the company's 10-year median is 6.53 vs. the industry median of 3.06, Alkout Industrial Projects Co KSCC 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.06, based on 1,562 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. Alkout Industrial Projects Co KSCC's current Altman Z-Score of 8.30 is 171.2% 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 Alkout Industrial Projects Co KSCC and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alkout Industrial Projects Co KSCC's current Altman Z-Score is 8.30, which is 27% above median its own 10-year median of 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkout Industrial Projects Co KSCC stock overvalued right now?
Based on GuruFocus' analysis, Alkout Industrial Projects Co KSCC (KUW:ALKOUT) is currently considered Fairly Valued. The stock's GF Value™ is KWD0.82, compared to a current price of KWD0.85 — trading 3.7% above its estimated fair value. The current Altman Z-Score is 8.30, which is 27% above median its 10-year median of 6.53 and 171.2% above the Chemicals industry median of 3.06. Alkout Industrial Projects Co KSCC's overall GF Score™ is 38/100 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 Alkout Industrial Projects Co KSCC (KUW:ALKOUT), the current Altman Z-Score is 8.30 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.

Is Alkout Industrial Projects Co KSCC (KUW:ALKOUT) Overvalued in 2026?

Based on GuruFocus' analysis, Alkout Industrial Projects Co KSCC stock appears to be overvalued. The current stock price of KWD0.85 is trading 3.7% above its estimated GF Value™ of KWD0.82. GuruFocus considers Alkout Industrial Projects Co KSCC to be Fairly Valued.

Key valuation signals for KUW:ALKOUT:

  • Altman Z-Score: 8.30 (27% above median its 10-year median of 6.53)
  • GF Value™: KWD0.82 vs. price of KWD0.85 (3.7% above fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 171.2% above the Chemicals median (#226 of 1562)

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


Alkout Industrial Projects Co KSCC Business Description

Address Soor Street, 11th Floor, Jasim Tower, Office No. C-D, Almirqab, Kuwait, KWT
Alkout Industrial Projects Co KSCC is a Kuwait-based company engaged in the manufacture and sale of Chlor Alkali products. The company has six operating segments: Chlor Alkali, which includes the production and sale of chlor alkali products; Petrochemical products, which includes Production and sale of petrochemical products; Trading, which includes Distribution of industrial materials; Logistics and Transport, which includes Logistic and transportation services provided by the Group; Industrial projects, which includes Construction of chlorine dioxide plant for groundwater reservoirs; and Investments, which includes Group's investments in an associate, fair value through profit or loss, and goodwill. It generates a majority of its revenue from the Chlor Alkali segment.
38GF Score

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

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