MNGGF (Mongolia Growth Group) Altman Z-Score: 1.37 (As of Jun. 28, 2026) — 63% Below Median


What is Mongolia Growth Group Altman Z-Score?

Mongolia Growth Group MNGGF -45.00% Altman Z-Score is 1.37 as of Jun. 28, 2026, which is 63% below its 10-year median of 3.72. The stock has 3 warning signs investors should review. Among 1,733 Real Estate companies, Mongolia Growth Group ranks better than 54.36% 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 1.43 is in distress zone. This implies bankruptcy possibility in the next two years.

Mongolia Growth Group has a Altman Z-Score of 1.37, 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 Mongolia Growth Group's Altman Z-Score or its related term are showing as below:

MNGGF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.45   Med: 3.72   Max: 62.48
Current: 1.43

During the past 13 years, Mongolia Growth Group's highest Altman Z-Score was 62.48. The lowest was 0.45. And the median was 3.72.


Mongolia Growth Group  (OTCPK:MNGGF) 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.


Mongolia Growth Group Altman Z-Score Related Terms


Mongolia Growth Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mongolia Growth Group'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.

Mongolia Growth Group Altman Z-Score Chart

Mongolia Growth Group 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 3.17 2.68 3.70 2.67 22.69

Mongolia Growth Group 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 6.67 12.96 4.32 22.69 62.48

MNGGF vs CBRE, BEKE, CSGP: Altman Z-Score Comparison

For the Real Estate Services subindustry, Mongolia Growth Group'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.


Mongolia Growth Group Altman Z-Score vs Real Estate Industry

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

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



Mongolia Growth Group 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.

Mongolia Growth Group'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*0.9912+1.4*-0.5903+3.3*-0.2046+0.6*2.8243+1.0*-0.0147
=1.37

* 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 $25.16 Mil.
Total Current Assets was $25.16 Mil.
Total Current Liabilities was $0.22 Mil.
Retained Earnings was $-14.85 Mil.
Pre-Tax Income was -0.101 + -0.7 + 0.078 + -4.424 = $-5.15 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 0 + -1.111 + 0.339 + 0.402 = $-0.37 Mil.
Market Cap (Today) was $0.63 Mil.
Total Liabilities was $0.22 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
=(25.157 - 0.222)/25.157
=0.9912

X2=Retained Earnings/Total Assets
=-14.849/25.157
=-0.5903

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-5.147 - 0)/25.157
=-0.2046

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=0.627/0.222
=2.8243

X5=Revenue/Total Assets
=-0.37/25.157
=-0.0147

The zones of discrimination were as such:

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

Mongolia Growth Group has a Altman Z-Score of 1.37 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 1.37 mean?
Mongolia Growth Group (MNGGF) has a Altman Z-Score of 1.37 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mongolia Growth Group and its competitors. This is 63% below median its historical median of 3.72. Over the past decade, Mongolia Growth Group's Altman Z-Score has ranged from 0.45 to 62.48. According to the industry distribution chart, Mongolia Growth Group ranks #791 out of 1733 companies in the Real Estate industry, placing it in the top 45.6%.
Is Mongolia Growth Group's Altman Z-Score too high?
Mongolia Growth Group's current Altman Z-Score of 1.37 is 63% below median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 62.48. The Real Estate industry median Altman Z-Score is 1.30. Mongolia Growth Group's value of 1.37 is 5.4% above this industry median. Based on the distribution chart, Mongolia Growth Group ranks #791 out of 1733 companies in the Real Estate industry, which is above the industry midpoint.
How does Mongolia Growth Group's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Mongolia Growth Group ranks #791 out of 1733 companies for Altman Z-Score. This puts Mongolia Growth Group in the upper half of its industry. The industry median Altman Z-Score is 1.30. Mongolia Growth Group's value of 1.37 is 5.4% above this benchmark. Historically, Mongolia Growth Group's own Altman Z-Score has ranged from 0.45 to 62.48 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 1.30, Mongolia Growth Group 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 1,733 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. Mongolia Growth Group's current Altman Z-Score of 1.37 is 5.4% 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 Mongolia Growth Group 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. Mongolia Growth Group's current Altman Z-Score is 1.37, which is 63% below median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mongolia Growth Group stock overvalued right now?
Based on GuruFocus' analysis, Mongolia Growth Group (MNGGF) is currently considered Possible Value Trap. The current Altman Z-Score is 1.37, which is 63% below median its 10-year median of 3.72 and 5.4% above the Real Estate industry median of 1.30. 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 Mongolia Growth Group (MNGGF), the current Altman Z-Score is 1.37 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.

Mongolia Growth Group Business Description

Other Exchanges 1M80:GermanyYAK.H:Canada
Address 100 King Street West, 56th Floor Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Mongolia Growth Group Ltd is a real estate investment and development company. Company's organized segments based on the business operations which is The MGG Corporate segment manages the Company's corporate affairs, capital management and public securities portfolio. The Company's operations are conducted in one reportable operating segment: Corporate.