LEOPF (Leo Palace21) Altman Z-Score: 4.32 (As of Jul. 05, 2026) — 82% Above Median


LEOPF Leo Palace21 Corp LEOPF
69 GF Score
Price $4.18
GF Value $3.46
! 1 Warning Sign
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What is Leo Palace21 Altman Z-Score?

Leo Palace21 LEOPF 69 Altman Z-Score is 4.32 as of Jul. 05, 2026, which is 82% above its 10-year median of 2.37. GuruFocus rates LEOPF with a GF Score™ of 69/100 and a GF Value™ of $3.46. The stock has 1 warning sign investors should review. Among 1,729 Real Estate companies, Leo Palace21 ranks better than 88.55% 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 4.21 is strong.

Leo Palace21 has a Altman Z-Score of 4.32, 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 Leo Palace21's Altman Z-Score or its related term are showing as below:

LEOPF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.58   Med: 2.37   Max: 4.21
Current: 4.21

During the past 13 years, Leo Palace21's highest Altman Z-Score was 4.21. The lowest was 0.58. And the median was 2.37.


Leo Palace21  (OTCPK:LEOPF) 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.


Leo Palace21 Altman Z-Score Related Terms


Leo Palace21 Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Leo Palace21'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.

Leo Palace21 Altman Z-Score Chart

Leo Palace21 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 2.06 2.17 3.44 3.66 4.19

Leo Palace21 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 3.66 3.97 4.11 4.06 4.19

LEOPF vs CBRE, BEKE, JLL: Altman Z-Score Comparison

For the Real Estate Services subindustry, Leo Palace21'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.


Leo Palace21 Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Leo Palace21's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Leo Palace21's Altman Z-Score falls into.


LEOPF
69GF Score
Leo Palace21 Corp LEOPF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Leo Palace21 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.

Leo Palace21'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*0.0397+1.4*0.1492+3.3*0.1514+0.6*1.5487+1.0*2.6382
=4.32

* 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 $1,113 Mil.
Total Current Assets was $471 Mil.
Total Current Liabilities was $426 Mil.
Retained Earnings was $166 Mil.
Pre-Tax Income was 44.435 + 56.332 + 50.385 + 11.351 = $163 Mil.
Interest Expense was -1.26 + -1.456 + -1.569 + -1.668 = $-6 Mil.
Revenue was 706.498 + 710.002 + 745.914 + 773.216 = $2,936 Mil.
Market Cap (Today) was $1,271 Mil.
Total Liabilities was $820 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
=(470.587 - 426.385)/1112.749
=0.0397

X2=Retained Earnings/Total Assets
=166.048/1112.749
=0.1492

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(162.503 - -5.953)/1112.749
=0.1514

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1270.579/820.398
=1.5487

X5=Revenue/Total Assets
=2935.63/1112.749
=2.6382

The zones of discrimination were as such:

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

Leo Palace21 has a Altman Z-Score of 4.32 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 4.32 mean?
Leo Palace21 (LEOPF) has a Altman Z-Score of 4.32 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Leo Palace21 and its competitors. This is 82% above median its historical median of 2.37. Over the past decade, Leo Palace21's Altman Z-Score has ranged from 0.58 to 4.21. According to the industry distribution chart, Leo Palace21 ranks #198 out of 1729 companies in the Real Estate industry, placing it in the top 11.5%.
Is Leo Palace21's Altman Z-Score too high?
Leo Palace21's current Altman Z-Score of 4.32 is 82% above median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 4.21. The Real Estate industry median Altman Z-Score is 1.30. Leo Palace21's value of 4.32 is 232.3% above this industry median. Based on the distribution chart, Leo Palace21 ranks #198 out of 1729 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Leo Palace21 has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Leo Palace21's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Leo Palace21 ranks #198 out of 1729 companies for Altman Z-Score. This places Leo Palace21 in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.30. Leo Palace21's value of 4.32 is 232.3% above this benchmark. Historically, Leo Palace21's own Altman Z-Score has ranged from 0.58 to 4.21 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 1.30, Leo Palace21 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 1.30, based on 1,729 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. Leo Palace21's current Altman Z-Score of 4.32 is 232.3% 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 Leo Palace21 and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leo Palace21's current Altman Z-Score is 4.32, which is 82% above median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leo Palace21 stock overvalued right now?
Leo Palace21 (LEOPF) has a current Altman Z-Score of 4.32. The stock's GF Value™ is $3.46, compared to a current price of $4.18 — trading 20.8% above its estimated fair value. The current Altman Z-Score is 4.32, which is 82% above median its 10-year median of 2.37 and 232.3% above the Real Estate industry median of 1.30. Leo Palace21's overall GF Score™ is 69/100 with 1 warning sign 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 Leo Palace21 (LEOPF), the current Altman Z-Score is 4.32 as of Jul. 05, 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 Leo Palace21 (LEOPF) Overvalued in 2026?

Based on GuruFocus' analysis, Leo Palace21 stock appears to be overvalued. The current stock price of $4.18 is trading 20.8% above its estimated GF Value™ of $3.46.

Key valuation signals for LEOPF:

  • Altman Z-Score: 4.32 (82% above median its 10-year median of 2.37)
  • GF Value™: $3.46 vs. price of $4.18 (20.8% above fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 232.3% above the Real Estate median (#198 of 1729)

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


Leo Palace21 Business Description

Other Exchanges 8848:Japan
Address 2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.
69GF Score

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

$4.18
Price
$3.46
GF Value