Malta International AirportMAL:MIA 100 Altman Z-Score is 5.58 as of Jun. 28, 2026, which is 4% above its 10-year median of 5.37. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.02 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,000 Transportation companies, Malta International Airport ranks better than 86.7% 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 5.58 is strong.
Malta International Airport has a Altman Z-Score of 5.58, 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 Malta International Airport's Altman Z-Score or its related term are showing as below:
MAL:MIA'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.73 Med: 5.37 Max: 10.29
Current: 5.58
During the past 13 years, Malta International Airport's highest Altman Z-Score was 10.29. The lowest was 4.73. And the median was 5.37.
Malta International Airport (MAL:MIA) 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.
For the Airports & Air Services subindustry, Malta International Airport'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.
Malta International Airport Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Malta International Airport's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Malta International Airport's Altman Z-Score falls into.
Malta International Airport 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.
Malta International Airport (MAL:MIA) has a Altman Z-Score of 5.58 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Malta International Airport and its competitors. This is near median its historical median of 5.37. Over the past decade, Malta International Airport's Altman Z-Score has ranged from 4.73 to 10.29. According to the industry distribution chart, Malta International Airport ranks #133 out of 1000 companies in the Transportation industry, placing it in the top 13.3%.
Is Malta International Airport's Altman Z-Score too high?
Malta International Airport's current Altman Z-Score of 5.58 is near median its 10-year median of 5.37. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 10.29. The Transportation industry median Altman Z-Score is 2.28. Malta International Airport's value of 5.58 is 144.7% above this industry median. Based on the distribution chart, Malta International Airport ranks #133 out of 1000 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's Altman Z-Score compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Malta International Airport ranks #133 out of 1000 companies for Altman Z-Score. This places Malta International Airport in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.28. Malta International Airport's value of 5.58 is 144.7% above this benchmark. Historically, Malta International Airport's own Altman Z-Score has ranged from 4.73 to 10.29 over the past decade. While the company's 10-year median is 5.37 vs. the industry median of 2.28, Malta International Airport 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.28, based on 1,000 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. Malta International Airport's current Altman Z-Score of 5.58 is 144.7% 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 Malta International Airport and its competitors. For the Transportation industry, the median Altman Z-Score is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta International Airport's current Altman Z-Score is 5.58, which is near median its own 10-year median of 5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.02, compared to a current price of €6.20 — trading 22.7% below its estimated fair value. The current Altman Z-Score is 5.58, which is near median its 10-year median of 5.37 and 144.7% above the Transportation industry median of 2.28. Malta International Airport's overall GF Score™ is 100/100 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 Malta International Airport (MAL:MIA), the current Altman Z-Score is 5.58 as of Jun. 28, 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 Malta International Airport (MAL:MIA) Overvalued in 2026?
Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued.
The current stock price of €6.20 is trading 22.7% below its estimated GF Value™ of €8.02.
GuruFocus considers Malta International Airport to be Modestly Undervalued.
Key valuation signals for MAL:MIA:
Altman Z-Score: 5.58 (near median its 10-year median of 5.37)
GF Value™: €8.02 vs. price of €6.20 (22.7% below fair value)
Industry Position: 144.7% above the Transportation median (#133 of 1000)
No single metric tells the full story. See the MAL:MIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
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