General CapitalNZSE:GEN +5.66%42 Altman Z-Score is 1.49 as of Jun. 30, 2026, which is 1% below its 10-year median of 1.51. GuruFocus rates NZSE:GEN with a GF Score™ of 42/100 and a GF Value™ of NZ$0.97 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 48 Banks companies, General Capital ranks better than 54.17% 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 1.49 is in distress zone. This implies bankruptcy possibility in the next two years.
General Capital has a Altman Z-Score of 1.49, 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 General Capital's Altman Z-Score or its related term are showing as below:
NZSE:GEN'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.73 Med: 1.51 Max: 28.1
Current: 1.49
During the past 13 years, General Capital's highest Altman Z-Score was 28.10. The lowest was 0.73. And the median was 1.51.
General Capital (NZSE:GEN) 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.
Altman Z-Score does not apply to financial companies.
General Capital Altman Z-Score Related Terms
General Capital Altman Z-Score Historical Data
* Premium members only.
The historical data trend for General Capital'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.
NZSE:GEN vs RKT, FNMA, PFSI: Altman Z-Score Comparison
For the Mortgage Finance subindustry, General Capital'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.
General Capital Altman Z-Score vs Banks Industry
For the Banks industry and Financial Services sector, General Capital's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where General Capital's Altman Z-Score falls into.
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.
General Capital'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
*
0.9691
+
1.4
*
0.0334
+
3.3
*
0.0676
+
0.6
*
0.0965
+
1.0
*
0.0021
=
1.49
* 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.
General Capital (NZSE:GEN) has a Altman Z-Score of 1.49 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on General Capital and its competitors. This is near median its historical median of 1.51. Over the past decade, General Capital's Altman Z-Score has ranged from 0.73 to 28.10. According to the industry distribution chart, General Capital ranks #22 out of 48 companies in the Banks industry, placing it in the top 45.8%.
Is General Capital's Altman Z-Score too high?
General Capital's current Altman Z-Score of 1.49 is near median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 28.10. The Banks industry median Altman Z-Score is 1.44. General Capital's value of 1.49 is 3.5% above this industry median. Based on the distribution chart, General Capital ranks #22 out of 48 companies in the Banks industry, which is above the industry midpoint. Overall, General Capital has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does General Capital's Altman Z-Score compare to RKT and FNMA?
According to the Banks industry distribution chart, General Capital ranks #22 out of 48 companies for Altman Z-Score. This puts General Capital in the upper half of its industry. The industry median Altman Z-Score is 1.44. General Capital's value of 1.49 is 3.5% above this benchmark. Historically, General Capital's own Altman Z-Score has ranged from 0.73 to 28.10 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.44, General Capital 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 Banks company?
The median Altman Z-Score among Banks companies is 1.44, based on 48 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. General Capital's current Altman Z-Score of 1.49 is 3.5% 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 General Capital and its competitors. For the Banks industry, the median Altman Z-Score is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Capital's current Altman Z-Score is 1.49, which is near median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Capital stock overvalued right now?
Based on GuruFocus' analysis, General Capital (NZSE:GEN) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.97, compared to a current price of NZ$0.28 — trading 71.1% below its estimated fair value. The current Altman Z-Score is 1.49, which is near median its 10-year median of 1.51 and 3.5% above the Banks industry median of 1.44. General Capital's overall GF Score™ is 42/100 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 General Capital (NZSE:GEN), the current Altman Z-Score is 1.49 as of Jun. 30, 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 General Capital (NZSE:GEN) Overvalued in 2026?
Based on GuruFocus' analysis, General Capital stock appears to be undervalued.
The current stock price of NZ$0.28 is trading 71.1% below its estimated GF Value™ of NZ$0.97.
GuruFocus considers General Capital to be Possible Value Trap.
Key valuation signals for NZSE:GEN:
Altman Z-Score: 1.49 (near median its 10-year median of 1.51)
GF Value™: NZ$0.97 vs. price of NZ$0.28 (71.1% below fair value)
Industry Position: 3.5% above the Banks median (#22 of 48)
No single metric tells the full story. See the NZSE:GEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General Capital Ltd through its subsidiaries engaged in providing financial services. The company accepts deposits and also lends funds to borrowers over residential property. It operates through three segments: Finance: Deposit taking and property mortgage lending, and insurance premium funding, Research and Advisory: Provides investment advisory services and produces and sells investment research and publications. Corporate and Other: Corporate function and investment activities. The Finance segment generates the majority of revenue for the company.
42GF Score
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