Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) Altman Z-Score: 5.09 (As of Aug. 06, 2026) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:MIDAN Al-Maidan Dental Clinic Co KSC KUW:MIDAN
59 GF Score
Price KWD0.96
GF Value KWD0.69
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Al-Maidan Dental Clinic Co KSC Altman Z-Score?

Al-Maidan Dental Clinic Co KSC KUW:MIDAN 59 Altman Z-Score is 5.09 as of Aug. 06, 2026, which is 31% below its 10-year median of 7.39. GuruFocus rates KUW:MIDAN with a GF Score™ of 59/100 and a GF Value™ of KWD0.69 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 656 Healthcare Providers & Services companies, Al-Maidan Dental Clinic Co KSC ranks better than 77.44% 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 5.32 is strong.

Al-Maidan Dental Clinic Co KSC has a Altman Z-Score of 5.09, 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 Al-Maidan Dental Clinic Co KSC's Altman Z-Score or its related term are showing as below:

KUW:MIDAN' s Altman Z-Score Range Over the Past 10 Years
Min: 3.93   Med: 7.39   Max: 14.05
Current: 5.32

During the past 13 years, Al-Maidan Dental Clinic Co KSC's highest Altman Z-Score was 14.05. The lowest was 3.93. And the median was 7.39.


Al-Maidan Dental Clinic Co KSC  (KUW:MIDAN) 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.


Al-Maidan Dental Clinic Co KSC Altman Z-Score Related Terms


Al-Maidan Dental Clinic Co KSC Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Al-Maidan Dental Clinic Co KSC'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.

Al-Maidan Dental Clinic Co KSC Altman Z-Score Chart

Al-Maidan Dental Clinic Co KSC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.47 5.00 3.93 4.40 4.66

Al-Maidan Dental Clinic Co KSC 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 4.40 3.60 4.21 4.32 4.66

KUW:MIDAN vs HCA, THC, DVA: Altman Z-Score Comparison

For the Medical Care Facilities subindustry, Al-Maidan Dental Clinic Co KSC'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.


Al-Maidan Dental Clinic Co KSC Altman Z-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Al-Maidan Dental Clinic Co KSC's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Al-Maidan Dental Clinic Co KSC's Altman Z-Score falls into.


KUW:MIDAN
59GF Score
Al-Maidan Dental Clinic Co KSC KUW:MIDAN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al-Maidan Dental Clinic Co KSC 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.

Al-Maidan Dental Clinic Co KSC'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*0.4123+1.4*0.445+3.3*0.0815+0.6*5.3417+1.0*0.5015
=5.09

* 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 KWD125.96 Mil.
Total Current Assets was KWD83.95 Mil.
Total Current Liabilities was KWD32.02 Mil.
Retained Earnings was KWD56.05 Mil.
Pre-Tax Income was 1.512 + 2.014 + 3.252 + 3.258 = KWD10.04 Mil.
Interest Expense was -0.136 + -0.013 + -0.02 + -0.065 = KWD-0.23 Mil.
Revenue was 14.644 + 16.217 + 16.018 + 16.288 = KWD63.17 Mil.
Market Cap (Today) was KWD194.40 Mil.
Total Liabilities was KWD36.39 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
=(83.952 - 32.018)/125.957
=0.4123

X2=Retained Earnings/Total Assets
=56.048/125.957
=0.445

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(10.036 - -0.234)/125.957
=0.0815

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=194.400/36.393
=5.3417

X5=Revenue/Total Assets
=63.167/125.957
=0.5015

The zones of discrimination were as such:

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

Al-Maidan Dental Clinic Co KSC has a Altman Z-Score of 5.09 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 5.09 mean?
Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) has a Altman Z-Score of 5.09 as of Aug. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Al-Maidan Dental Clinic Co KSC and its competitors. This is 31% below median its historical median of 7.39. Over the past decade, Al-Maidan Dental Clinic Co KSC's Altman Z-Score has ranged from 3.93 to 14.05. According to the industry distribution chart, Al-Maidan Dental Clinic Co KSC ranks #148 out of 656 companies in the Healthcare Providers & Services industry, placing it in the top 22.6%.
Is Al-Maidan Dental Clinic Co KSC's Altman Z-Score too high?
Al-Maidan Dental Clinic Co KSC's current Altman Z-Score of 5.09 is 31% below median its 10-year median of 7.39. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 14.05. The Healthcare Providers & Services industry median Altman Z-Score is 2.44. Al-Maidan Dental Clinic Co KSC's value of 5.09 is 108.6% above this industry median. Based on the distribution chart, Al-Maidan Dental Clinic Co KSC ranks #148 out of 656 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Al-Maidan Dental Clinic Co KSC has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al-Maidan Dental Clinic Co KSC's Altman Z-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Al-Maidan Dental Clinic Co KSC ranks #148 out of 656 companies for Altman Z-Score. This places Al-Maidan Dental Clinic Co KSC in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.44. Al-Maidan Dental Clinic Co KSC's value of 5.09 is 108.6% above this benchmark. Historically, Al-Maidan Dental Clinic Co KSC's own Altman Z-Score has ranged from 3.93 to 14.05 over the past decade. While the company's 10-year median is 7.39 vs. the industry median of 2.44, Al-Maidan Dental Clinic Co KSC 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.44, based on 656 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. Al-Maidan Dental Clinic Co KSC's current Altman Z-Score of 5.09 is 108.6% 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 Al-Maidan Dental Clinic Co KSC and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al-Maidan Dental Clinic Co KSC's current Altman Z-Score is 5.09, which is 31% below median its own 10-year median of 7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Maidan Dental Clinic Co KSC stock overvalued right now?
Based on GuruFocus' analysis, Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.69, compared to a current price of KWD0.96 — trading 39.1% above its estimated fair value. The current Altman Z-Score is 5.09, which is 31% below median its 10-year median of 7.39 and 108.6% above the Healthcare Providers & Services industry median of 2.44. Al-Maidan Dental Clinic Co KSC's overall GF Score™ is 59/100 with 9 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 Al-Maidan Dental Clinic Co KSC (KUW:MIDAN), the current Altman Z-Score is 5.09 as of Aug. 06, 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 Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) Overvalued in 2026?

Based on GuruFocus' analysis, Al-Maidan Dental Clinic Co KSC stock appears to be overvalued. The current stock price of KWD0.96 is trading 39.1% above its estimated GF Value™ of KWD0.69. GuruFocus considers Al-Maidan Dental Clinic Co KSC to be Significantly Overvalued.

Key valuation signals for KUW:MIDAN:

  • Altman Z-Score: 5.09 (31% below median its 10-year median of 7.39)
  • GF Value™: KWD0.69 vs. price of KWD0.96 (39.1% above fair value)
  • GF Score™: 59/100 with 9 warning signs
  • Industry Position: 108.6% above the Healthcare Providers & Services median (#148 of 656)

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


Al-Maidan Dental Clinic Co KSC Business Description

Address P.O. Box 606, Dasman, Kuwait City, KWT, 15457
Al-Maidan Dental Clinic Co KSC activities are Building and managing specialised medical centers; Contracting with doctors, nurses, and technicians to work for the clinic and for others ;Providing maintenance services for medical devices and equipment; Managing various medical centers and clinics, and providing medical services to help these centers; Conducting studies and researches related to the field of dentistry; Providing dentistry services to government and private institutions; Providing medical house services when necessary; etc. It has two segments Clinics, and Hospital. Hospital segment generates majority of revenue, it provides services relating to medical diagnosis, health care, consultations, surgical and treatment to both outpatients and inpatients with various specialties.
59GF Score

Get the complete analysis for KUW:MIDAN

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

KWD0.96
Price
KWD0.69
GF Value