Redeiaoracion (MEX:REE N) Altman Z-Score: 0.77 (As of Jun. 25, 2026) — 26% Below Median


MEX:REE N Redeia Corporacion SA MEX:REE N
68 GF Score
Price MXN326.79
GF Value MXN347.29
! 5 Warning Signs
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What is Redeiaoracion Altman Z-Score?

Redeiaoracion MEX:REE N 68 Altman Z-Score is 0.77 as of Jun. 25, 2026, which is 26% below its 10-year median of 1.04. GuruFocus rates MEX:REE N with a GF Score™ of 68/100 and a GF Value™ of MXN347.29. The stock has 5 warning signs investors should review. Among 497 Utilities - Regulated companies, Redeiaoracion ranks worse than 77.46% 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 0.78 is in distress zone. This implies bankruptcy possibility in the next two years.

Redeiaoracion has a Altman Z-Score of 0.77, 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 Redeiaoracion's Altman Z-Score or its related term are showing as below:

MEX:REE N' s Altman Z-Score Range Over the Past 10 Years
Min: 0.76   Med: 1.04   Max: 1.42
Current: 0.78

During the past 13 years, Redeiaoracion's highest Altman Z-Score was 1.42. The lowest was 0.76. And the median was 1.04.


Redeiaoracion  (MEX:REE N) 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.


Redeiaoracion Altman Z-Score Related Terms


Redeiaoracion Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Redeiaoracion'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.

Redeiaoracion Altman Z-Score Chart

Redeiaoracion 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 1.03 0.96 0.97 0.91 0.87

Redeiaoracion 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 0.94 0.89 0.82 0.87 0.76

MEX:REE N vs NEE, SO, DUK: Altman Z-Score Comparison

For the Utilities - Regulated Electric subindustry, Redeiaoracion'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.


Redeiaoracion Altman Z-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Redeiaoracion's Altman Z-Score distribution charts can be found below:

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


MEX:REE N
68GF Score
Redeia Corporacion SA MEX:REE N
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Redeiaoracion 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.

Redeiaoracion'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*0.025+1.4*0+3.3*0.0531+0.6*0.7556+1.0*0.1075
=0.77

* 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 MXN333,567 Mil.
Total Current Assets was MXN67,396 Mil.
Total Current Liabilities was MXN59,043 Mil.
Retained Earnings was MXN0 Mil.
Pre-Tax Income was 3960.94 + 3428.842 + 3676.139 + 3940.906 = MXN15,007 Mil.
Interest Expense was -637.92 + -721.114 + -692.773 + -669.425 = MXN-2,721 Mil.
Revenue was 8960.063 + 9306.817 + 8746.114 + 8847.444 = MXN35,860 Mil.
Market Cap (Today) was MXN165,195 Mil.
Total Liabilities was MXN218,631 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
=(67396.434 - 59043.021)/333567.425
=0.025

X2=Retained Earnings/Total Assets
=0/333567.425
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(15006.827 - -2721.232)/333567.425
=0.0531

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=165195.377/218631.373
=0.7556

X5=Revenue/Total Assets
=35860.438/333567.425
=0.1075

The zones of discrimination were as such:

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

Redeiaoracion has a Altman Z-Score of 0.77 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 0.77 mean?
Redeiaoracion (MEX:REE N) has a Altman Z-Score of 0.77 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Redeiaoracion and its competitors. This is 26% below median its historical median of 1.04. Over the past decade, Redeiaoracion's Altman Z-Score has ranged from 0.76 to 1.42. According to the industry distribution chart, Redeiaoracion ranks #385 out of 497 companies in the Utilities - Regulated industry, placing it in the top 77.5%.
Is Redeiaoracion's Altman Z-Score too high?
Redeiaoracion's current Altman Z-Score of 0.77 is 26% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.42. The Utilities - Regulated industry median Altman Z-Score is 1.26. Redeiaoracion's value of 0.77 is 38.9% below this industry median. Based on the distribution chart, Redeiaoracion ranks #385 out of 497 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Redeiaoracion has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Redeiaoracion's Altman Z-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Redeiaoracion ranks #385 out of 497 companies for Altman Z-Score. This places Redeiaoracion in the lower half of its industry. The industry median Altman Z-Score is 1.26. Redeiaoracion's value of 0.77 is 38.9% below this benchmark. Historically, Redeiaoracion's own Altman Z-Score has ranged from 0.76 to 1.42 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.26, Redeiaoracion 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 an Utilities - Regulated company?
The median Altman Z-Score among Utilities - Regulated companies is 1.26, based on 497 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. Redeiaoracion's current Altman Z-Score of 0.77 is 38.9% 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 Redeiaoracion and its competitors. For the Utilities - Regulated industry, the median Altman Z-Score is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redeiaoracion's current Altman Z-Score is 0.77, which is 26% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redeiaoracion stock overvalued right now?
Redeiaoracion (MEX:REE N) has a current Altman Z-Score of 0.77. The stock's GF Value™ is MXN347.29, compared to a current price of MXN326.79 — trading 5.9% below its estimated fair value. The current Altman Z-Score is 0.77, which is 26% below median its 10-year median of 1.04 and 38.9% below the Utilities - Regulated industry median of 1.26. Redeiaoracion's overall GF Score™ is 68/100 with 5 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 Redeiaoracion (MEX:REE N), the current Altman Z-Score is 0.77 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 Redeiaoracion (MEX:REE N) Overvalued in 2026?

Based on GuruFocus' analysis, Redeiaoracion stock appears to be undervalued. The current stock price of MXN326.79 is trading 5.9% below its estimated GF Value™ of MXN347.29.

Key valuation signals for MEX:REE N:

  • Altman Z-Score: 0.77 (26% below median its 10-year median of 1.04)
  • GF Value™: MXN347.29 vs. price of MXN326.79 (5.9% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 38.9% below the Utilities - Regulated median (#385 of 497)

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


Redeiaoracion Business Description

Address Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109
Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fiber optics network in Spain and has a growing Latin American infrastructure business.
68GF Score

Get the complete analysis for MEX:REE N

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

MXN326.79
Price
MXN347.29
GF Value