MAYS (J. W. Mays) Altman Z-Score: 2.18 (As of Jun. 27, 2026) — 11% Below Median


MAYS J. W. Mays Inc MAYS
55 GF Score
Price $39.00
GF Value $41.74
Valuation Fairly Valued
! 3 Warning Signs
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What is J. W. Mays Altman Z-Score?

J. W. Mays MAYS -0.15% 55 Altman Z-Score is 2.18 as of Jun. 27, 2026, which is 11% below its 10-year median of 2.45. GuruFocus rates MAYS with a GF Score™ of 55/100 and a GF Value™ of $41.74 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,731 Real Estate companies, J. W. Mays ranks better than 73.95% 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 2.18 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.

J. W. Mays has a Altman Z-Score of 2.18, indicating it is in Grey Zones. This implies that J. W. Mays 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 J. W. Mays's Altman Z-Score or its related term are showing as below:

MAYS' s Altman Z-Score Range Over the Past 10 Years
Min: 1.47   Med: 2.45   Max: 5.31
Current: 2.18

During the past 13 years, J. W. Mays's highest Altman Z-Score was 5.31. The lowest was 1.47. And the median was 2.45.


J. W. Mays  (NAS:MAYS) 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.


J. W. Mays Altman Z-Score Related Terms


J. W. Mays Altman Z-Score Historical Data

* Premium members only.

The historical data trend for J. W. Mays'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.

J. W. Mays Altman Z-Score Chart

J. W. Mays Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 2.32 2.48 2.45 2.43

J. W. Mays Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.34 2.43 2.30 2.30 2.22

MAYS vs CPTP, ASPS, RFL: Altman Z-Score Comparison

For the Real Estate Services subindustry, J. W. Mays'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.


J. W. Mays Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, J. W. Mays's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where J. W. Mays's Altman Z-Score falls into.


MAYS
55GF Score
J. W. Mays Inc MAYS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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J. W. Mays 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.

J. W. Mays'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*0.0325+1.4*0.5261+3.3*-0.0181+0.6*2.0409+1.0*0.2376
=2.18

* 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 Apr. 2026:
Total Assets was $90.22 Mil.
Total Current Assets was $7.09 Mil.
Total Current Liabilities was $4.15 Mil.
Retained Earnings was $47.47 Mil.
Pre-Tax Income was -0.309 + -0.716 + -0.479 + -0.134 = $-1.64 Mil.
Interest Expense was 0.007 + -0.007 + 0 + -0.007 = $-0.01 Mil.
Revenue was 5.315 + 5.211 + 5.251 + 5.655 = $21.43 Mil.
Market Cap (Today) was $78.62 Mil.
Total Liabilities was $38.52 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
=(7.089 - 4.154)/90.221
=0.0325

X2=Retained Earnings/Total Assets
=47.465/90.221
=0.5261

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.638 - -0.007)/90.221
=-0.0181

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=78.615/38.519
=2.0409

X5=Revenue/Total Assets
=21.432/90.221
=0.2376

The zones of discrimination were as such:

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

J. W. Mays has a Altman Z-Score of 2.18 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 2.18 mean?
J. W. Mays (MAYS) has a Altman Z-Score of 2.18 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on J. W. Mays and its competitors. This is 11% below median its historical median of 2.45. Over the past decade, J. W. Mays' Altman Z-Score has ranged from 1.47 to 5.31. According to the industry distribution chart, J. W. Mays ranks #451 out of 1731 companies in the Real Estate industry, placing it in the top 26.1%.
Is J. W. Mays' Altman Z-Score too high?
J. W. Mays' current Altman Z-Score of 2.18 is 11% below median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 5.31. The Real Estate industry median Altman Z-Score is 1.30. J. W. Mays' value of 2.18 is 67.7% above this industry median. Based on the distribution chart, J. W. Mays ranks #451 out of 1731 companies in the Real Estate industry, which is above the industry midpoint. Overall, J. W. Mays has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does J. W. Mays' Altman Z-Score compare to CPTP and ASPS?
According to the Real Estate industry distribution chart, J. W. Mays ranks #451 out of 1731 companies for Altman Z-Score. This puts J. W. Mays in the upper half of its industry. The industry median Altman Z-Score is 1.30. J. W. Mays' value of 2.18 is 67.7% above this benchmark. Historically, J. W. Mays' own Altman Z-Score has ranged from 1.47 to 5.31 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 1.30, J. W. Mays 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 1,731 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. J. W. Mays's current Altman Z-Score of 2.18 is 67.7% 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 J. W. Mays 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. J. W. Mays's current Altman Z-Score is 2.18, which is 11% below median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J. W. Mays stock overvalued right now?
Based on GuruFocus' analysis, J. W. Mays (MAYS) is currently considered Fairly Valued. The stock's GF Value™ is $41.74, compared to a current price of $39.00 — trading 6.6% below its estimated fair value. The current Altman Z-Score is 2.18, which is 11% below median its 10-year median of 2.45 and 67.7% above the Real Estate industry median of 1.30. J. W. Mays' overall GF Score™ is 55/100 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 J. W. Mays (MAYS), the current Altman Z-Score is 2.18 as of Jun. 27, 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 J. W. Mays (MAYS) Overvalued in 2026?

Based on GuruFocus' analysis, J. W. Mays stock appears to be undervalued. The current stock price of $39.00 is trading 6.6% below its estimated GF Value™ of $41.74. GuruFocus considers J. W. Mays to be Fairly Valued.

Key valuation signals for MAYS:

  • Altman Z-Score: 2.18 (11% below median its 10-year median of 2.45)
  • GF Value™: $41.74 vs. price of $39.00 (6.6% below fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 67.7% above the Real Estate median (#451 of 1731)

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


J. W. Mays Business Description

Address 9 Bond Street, Brooklyn, NY, USA, 11201-5805
J. W. Mays Inc is a real estate company engaged in leasing commercial properties in New York. The company leases office and retail space to tenants under operating leases. Its properties are located in Brooklyn, Circleville, Fishkill, Jamaica, Levittown, and Massapequa.
55GF Score

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

$39.00
Price
$41.74
GF Value