Fomento de Construcciones y Contratas (MEX:FCCN) Altman Z-Score: 0.96 (As of Jun. 25, 2026) — Near Median


MEX:FCCN Fomento de Construcciones y Contratas SA MEX:FCCN
74 GF Score
Price MXN259.00
GF Value MXN226.14
! 9 Warning Signs
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What is Fomento de Construcciones y Contratas Altman Z-Score?

Fomento de Construcciones y Contratas MEX:FCCN 74 Altman Z-Score is 0.96 as of Jun. 25, 2026, which is 3% above its 10-year median of 0.93. GuruFocus rates MEX:FCCN with a GF Score™ of 74/100 and a GF Value™ of MXN226.14. The stock has 9 warning signs investors should review. Among 239 Waste Management companies, Fomento de Construcciones y Contratas ranks worse than 78.66% 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 0.82 is in distress zone. This implies bankruptcy possibility in the next two years.

Fomento de Construcciones y Contratas has a Altman Z-Score of 0.96, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Fomento de Construcciones y Contratas's Altman Z-Score or its related term are showing as below:

MEX:FCCN' s Altman Z-Score Range Over the Past 10 Years
Min: 0.6   Med: 0.93   Max: 1.28
Current: 0.82

During the past 13 years, Fomento de Construcciones y Contratas's highest Altman Z-Score was 1.28. The lowest was 0.60. And the median was 0.93.


Fomento de Construcciones y Contratas  (MEX:FCCN) 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.


Fomento de Construcciones y Contratas Altman Z-Score Related Terms


Fomento de Construcciones y Contratas Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Fomento de Construcciones y Contratas'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.

Fomento de Construcciones y Contratas Altman Z-Score Chart

Fomento de Construcciones y Contratas 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 1.00 0.60 1.10 1.28 0.79

Fomento de Construcciones y Contratas Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.28 0.00 0.68 0.79 0.00

MEX:FCCN vs WM, RSG, WCN: Altman Z-Score Comparison

For the Waste Management subindustry, Fomento de Construcciones y Contratas'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.


Fomento de Construcciones y Contratas Altman Z-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Fomento de Construcciones y Contratas's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Fomento de Construcciones y Contratas's Altman Z-Score falls into.


MEX:FCCN
74GF Score
Fomento de Construcciones y Contratas SA MEX:FCCN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Fomento de Construcciones y Contratas 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.

Fomento de Construcciones y Contratas'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*0.1411+1.4*0.0104+3.3*0+0.6*0.4904+1.0*0.4789
=0.96

* 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 Dec. 2025:
Total Assets was MXN333,187 Mil.
Total Current Assets was MXN148,835 Mil.
Total Current Liabilities was MXN101,828 Mil.
Retained Earnings was MXN3,466 Mil.
Pre-Tax Income was 0 + 0 + 0 + 0 = MXN0 Mil.
Interest Expense was 0 + 0 + 0 + 0 = MXN0 Mil.
Revenue was 50007.908 + 55843.624 + 53710.547 + 0 = MXN159,562 Mil.
Market Cap (Today) was MXN114,348 Mil.
Total Liabilities was MXN233,182 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
=(148835.032 - 101828.369)/333187.361
=0.1411

X2=Retained Earnings/Total Assets
=3465.654/333187.361
=0.0104

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0 - 0)/333187.361
=0

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=114348.303/233181.996
=0.4904

X5=Revenue/Total Assets
=159562.079/333187.361
=0.4789

The zones of discrimination were as such:

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

Fomento de Construcciones y Contratas has a Altman Z-Score of 0.96 indicating it is in Distress 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 0.96 mean?
Fomento de Construcciones y Contratas (MEX:FCCN) has a Altman Z-Score of 0.96 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fomento de Construcciones y Contratas and its competitors. This is near median its historical median of 0.93. Over the past decade, Fomento de Construcciones y Contratas' Altman Z-Score has ranged from 0.60 to 1.28. According to the industry distribution chart, Fomento de Construcciones y Contratas ranks #188 out of 239 companies in the Waste Management industry, placing it in the top 78.7%.
Is Fomento de Construcciones y Contratas' Altman Z-Score too high?
Fomento de Construcciones y Contratas' current Altman Z-Score of 0.96 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.28. The Waste Management industry median Altman Z-Score is 1.98. Fomento de Construcciones y Contratas' value of 0.96 is 51.5% below this industry median. Based on the distribution chart, Fomento de Construcciones y Contratas ranks #188 out of 239 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Fomento de Construcciones y Contratas has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Fomento de Construcciones y Contratas' Altman Z-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Fomento de Construcciones y Contratas ranks #188 out of 239 companies for Altman Z-Score. This places Fomento de Construcciones y Contratas in the lower half of its industry. The industry median Altman Z-Score is 1.98. Fomento de Construcciones y Contratas' value of 0.96 is 51.5% below this benchmark. Historically, Fomento de Construcciones y Contratas' own Altman Z-Score has ranged from 0.60 to 1.28 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.98, Fomento de Construcciones y Contratas has consistently been below 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 Waste Management company?
The median Altman Z-Score among Waste Management companies is 1.98, based on 239 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. Fomento de Construcciones y Contratas's current Altman Z-Score of 0.96 is 51.5% below 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 Fomento de Construcciones y Contratas and its competitors. For the Waste Management industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fomento de Construcciones y Contratas's current Altman Z-Score is 0.96, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomento de Construcciones y Contratas stock overvalued right now?
Fomento de Construcciones y Contratas (MEX:FCCN) has a current Altman Z-Score of 0.96. The stock's GF Value™ is MXN226.14, compared to a current price of MXN259.00 — trading 14.5% above its estimated fair value. The current Altman Z-Score is 0.96, which is near median its 10-year median of 0.93 and 51.5% below the Waste Management industry median of 1.98. Fomento de Construcciones y Contratas' overall GF Score™ is 74/100 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 Fomento de Construcciones y Contratas (MEX:FCCN), the current Altman Z-Score is 0.96 as of Jun. 25, 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 Fomento de Construcciones y Contratas (MEX:FCCN) Overvalued in 2026?

Based on GuruFocus' analysis, Fomento de Construcciones y Contratas stock appears to be overvalued. The current stock price of MXN259.00 is trading 14.5% above its estimated GF Value™ of MXN226.14.

Key valuation signals for MEX:FCCN:

  • Altman Z-Score: 0.96 (near median its 10-year median of 0.93)
  • GF Value™: MXN226.14 vs. price of MXN259.00 (14.5% above fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 51.5% below the Waste Management median (#188 of 239)

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


Fomento de Construcciones y Contratas Business Description

Address Federico Salmon, 13, Madrid, ESP, 28016
Fomento de Construcciones y Contratas SA is in the business of environmental services, end to end water management, construction and cement. The company's activities include services related to urban water treatment, waste recovery, end to end water cycle and also infrastructure construction projects, building construction, manufacturing of cement and concrete and operation of quarries and mineral deposits. The firm derives majority of its revenues from environmental services segment. It carries out international operations in European, the US and Latin American markets.
74GF Score

Get the complete analysis for MEX:FCCN

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

MXN259.00
Price
MXN226.14
GF Value