Kuwait Telecommunications Co KSC (KUW:STC) Altman Z-Score: 2.47 (As of Jul. 08, 2026) — 15% Below Median


KUW:STC Kuwait Telecommunications Co KSC KUW:STC
56 GF Score
Price KWD0.64
GF Value KWD0.58
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Kuwait Telecommunications Co KSC Altman Z-Score?

Kuwait Telecommunications Co KSC KUW:STC -3.01% 56 Altman Z-Score is 2.47 as of Jul. 08, 2026, which is 15% below its 10-year median of 2.91. GuruFocus rates KUW:STC with a GF Score™ of 56/100 and a GF Value™ of KWD0.58 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 363 Telecommunication Services companies, Kuwait Telecommunications Co KSC ranks better than 68.32% 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 2.49 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Kuwait Telecommunications Co KSC has a Altman Z-Score of 2.47, indicating it is in Grey Zones. This implies that Kuwait Telecommunications Co KSC is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Kuwait Telecommunications Co KSC's Altman Z-Score or its related term are showing as below:

KUW:STC' s Altman Z-Score Range Over the Past 10 Years
Min: 1.63   Med: 2.91   Max: 4.44
Current: 2.49

During the past 13 years, Kuwait Telecommunications Co KSC's highest Altman Z-Score was 4.44. The lowest was 1.63. And the median was 2.91.


Kuwait Telecommunications Co KSC  (KUW:STC) 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.


Kuwait Telecommunications Co KSC Altman Z-Score Related Terms


Kuwait Telecommunications Co KSC Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kuwait Telecommunications 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.

Kuwait Telecommunications Co KSC Altman Z-Score Chart

Kuwait Telecommunications Co KSC 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 3.37 3.42 3.11 2.84 3.05

Kuwait Telecommunications 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 2.47 2.60 2.58 3.05 2.52

KUW:STC vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Kuwait Telecommunications 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.


Kuwait Telecommunications Co KSC Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kuwait Telecommunications Co KSC's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Kuwait Telecommunications Co KSC's Altman Z-Score falls into.


KUW:STC
56GF Score
Kuwait Telecommunications Co KSC KUW:STC
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kuwait Telecommunications 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.

Kuwait Telecommunications 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*-0.0059+1.4*0.1175+3.3*0.0834+0.6*2.248+1.0*0.685
=2.47

* 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 KWD497.0 Mil.
Total Current Assets was KWD245.1 Mil.
Total Current Liabilities was KWD248.0 Mil.
Retained Earnings was KWD58.4 Mil.
Pre-Tax Income was 10.265 + 9.969 + 9.68 + 9.337 = KWD39.3 Mil.
Interest Expense was -0.549 + -0.486 + -0.546 + -0.604 = KWD-2.2 Mil.
Revenue was 85.289 + 86.833 + 81.073 + 87.242 = KWD340.4 Mil.
Market Cap (Today) was KWD643.2 Mil.
Total Liabilities was KWD286.1 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
=(245.065 - 248.021)/496.988
=-0.0059

X2=Retained Earnings/Total Assets
=58.392/496.988
=0.1175

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(39.251 - -2.185)/496.988
=0.0834

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=643.185/286.11
=2.248

X5=Revenue/Total Assets
=340.437/496.988
=0.685

The zones of discrimination were as such:

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

Kuwait Telecommunications Co KSC has a Altman Z-Score of 2.47 indicating it is in Grey 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 2.47 mean?
Kuwait Telecommunications Co KSC (KUW:STC) has a Altman Z-Score of 2.47 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kuwait Telecommunications Co KSC and its competitors. This is 15% below median its historical median of 2.91. Over the past decade, Kuwait Telecommunications Co KSC's Altman Z-Score has ranged from 1.63 to 4.44. According to the industry distribution chart, Kuwait Telecommunications Co KSC ranks #115 out of 363 companies in the Telecommunication Services industry, placing it in the top 31.7%.
Is Kuwait Telecommunications Co KSC's Altman Z-Score too high?
Kuwait Telecommunications Co KSC's current Altman Z-Score of 2.47 is 15% below median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 4.44. The Telecommunication Services industry median Altman Z-Score is 1.73. Kuwait Telecommunications Co KSC's value of 2.47 is 42.8% above this industry median. Based on the distribution chart, Kuwait Telecommunications Co KSC ranks #115 out of 363 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Kuwait Telecommunications Co KSC has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kuwait Telecommunications Co KSC's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Kuwait Telecommunications Co KSC ranks #115 out of 363 companies for Altman Z-Score. This puts Kuwait Telecommunications Co KSC in the upper half of its industry. The industry median Altman Z-Score is 1.73. Kuwait Telecommunications Co KSC's value of 2.47 is 42.8% above this benchmark. Historically, Kuwait Telecommunications Co KSC's own Altman Z-Score has ranged from 1.63 to 4.44 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 1.73, Kuwait Telecommunications 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.73, based on 363 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. Kuwait Telecommunications Co KSC's current Altman Z-Score of 2.47 is 42.8% 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 Kuwait Telecommunications Co KSC and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuwait Telecommunications Co KSC's current Altman Z-Score is 2.47, which is 15% below median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuwait Telecommunications Co KSC stock overvalued right now?
Based on GuruFocus' analysis, Kuwait Telecommunications Co KSC (KUW:STC) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.58, compared to a current price of KWD0.64 — trading 11% above its estimated fair value. The current Altman Z-Score is 2.47, which is 15% below median its 10-year median of 2.91 and 42.8% above the Telecommunication Services industry median of 1.73. Kuwait Telecommunications Co KSC's overall GF Score™ is 56/100 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 Kuwait Telecommunications Co KSC (KUW:STC), the current Altman Z-Score is 2.47 as of Jul. 08, 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 Kuwait Telecommunications Co KSC (KUW:STC) Overvalued in 2026?

Based on GuruFocus' analysis, Kuwait Telecommunications Co KSC stock appears to be overvalued. The current stock price of KWD0.64 is trading 11% above its estimated GF Value™ of KWD0.58. GuruFocus considers Kuwait Telecommunications Co KSC to be Modestly Overvalued.

Key valuation signals for KUW:STC:

  • Altman Z-Score: 2.47 (15% below median its 10-year median of 2.91)
  • GF Value™: KWD0.58 vs. price of KWD0.64 (11% above fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 42.8% above the Telecommunication Services median (#115 of 363)

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


Kuwait Telecommunications Co KSC Business Description

Address Al-Khansa Street, P.O. Box. 181, Olympia Building, Salmiya, KWT, 22002
Kuwait Telecommunications Co KSC is a telecommunication service provider. The company provides internet access using 4G LTE technology, and 5G technology. The principal activities of the company are to purchase, supply, install, operate, and maintain wireless telecommunication devices and equipment. The company offers numerous opportunities in the field of telecommunications, entertainment, information, digital, and data transfer services. The Group has identified Consumer (i.e., Individual customers) and Enterprise (i.e., Corporates & others) as operating segments.
56GF Score

Get the complete analysis for KUW:STC

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

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