Dallah Healthcare Co (SAU:4004) Altman Z-Score: 2.27 (As of Jul. 09, 2026) — 33% Below Median


SAU:4004 Dallah Healthcare Co SAU:4004
92 GF Score
Price ﷼111.00
GF Value ﷼206.74
Valuation Possible Value Trap
! 8 Warning Signs
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What is Dallah Healthcare Co Altman Z-Score?

Dallah Healthcare Co SAU:4004 -0.09% 92 Altman Z-Score is 2.27 as of Jul. 09, 2026, which is 33% below its 10-year median of 3.41. GuruFocus rates SAU:4004 with a GF Score™ of 92/100 and a GF Value™ of ﷼206.74 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 662 Healthcare Providers & Services companies, Dallah Healthcare Co ranks worse than 53.32% 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 2.27 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.

Dallah Healthcare Co has a Altman Z-Score of 2.27, indicating it is in Grey Zones. This implies that Dallah Healthcare Co 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 Dallah Healthcare Co's Altman Z-Score or its related term are showing as below:

SAU:4004' s Altman Z-Score Range Over the Past 10 Years
Min: 2.03   Med: 3.41   Max: 7.11
Current: 2.27

During the past 13 years, Dallah Healthcare Co's highest Altman Z-Score was 7.11. The lowest was 2.03. And the median was 3.41.


Dallah Healthcare Co  (SAU:4004) 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.


Dallah Healthcare Co Altman Z-Score Related Terms


Dallah Healthcare Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dallah Healthcare Co'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.

Dallah Healthcare Co Altman Z-Score Chart

Dallah Healthcare Co 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 2.60 4.11 4.66 4.19 2.51

Dallah Healthcare Co 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 2.69 2.77 3.05 2.51 2.54

SAU:4004 vs HCA, THC, DVA: Altman Z-Score Comparison

For the Medical Care Facilities subindustry, Dallah Healthcare Co'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.


Dallah Healthcare Co Altman Z-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dallah Healthcare Co's Altman Z-Score distribution charts can be found below:

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


SAU:4004
92GF Score
Dallah Healthcare Co SAU:4004
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dallah Healthcare Co 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.

Dallah Healthcare Co'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*0.0368+1.4*0.1727+3.3*0.0689+0.6*2.1715+1.0*0.4561
=2.27

* 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 ﷼9,312 Mil.
Total Current Assets was ﷼2,022 Mil.
Total Current Liabilities was ﷼1,680 Mil.
Retained Earnings was ﷼1,608 Mil.
Pre-Tax Income was 87.983 + 117.908 + 149.861 + 120.961 = ﷼477 Mil.
Interest Expense was -43.272 + -57.232 + -17.829 + -46.34 = ﷼-165 Mil.
Revenue was 1013.262 + 1110.44 + 1061.262 + 1062.433 = ﷼4,247 Mil.
Market Cap (Today) was ﷼11,233 Mil.
Total Liabilities was ﷼5,173 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
=(2022.428 - 1679.79)/9312.097
=0.0368

X2=Retained Earnings/Total Assets
=1608.29/9312.097
=0.1727

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(476.713 - -164.673)/9312.097
=0.0689

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=11232.891/5172.819
=2.1715

X5=Revenue/Total Assets
=4247.397/9312.097
=0.4561

The zones of discrimination were as such:

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

Dallah Healthcare Co has a Altman Z-Score of 2.27 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 2.27 mean?
Dallah Healthcare Co (SAU:4004) has a Altman Z-Score of 2.27 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dallah Healthcare Co and its competitors. This is 33% below median its historical median of 3.41. Over the past decade, Dallah Healthcare Co's Altman Z-Score has ranged from 2.03 to 7.11. According to the industry distribution chart, Dallah Healthcare Co ranks #353 out of 662 companies in the Healthcare Providers & Services industry, placing it in the top 53.3%.
Is Dallah Healthcare Co's Altman Z-Score too high?
Dallah Healthcare Co's current Altman Z-Score of 2.27 is 33% below median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 7.11. The Healthcare Providers & Services industry median Altman Z-Score is 2.45. Dallah Healthcare Co's value of 2.27 is 7.3% below this industry median. Based on the distribution chart, Dallah Healthcare Co ranks #353 out of 662 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Dallah Healthcare Co has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dallah Healthcare Co's Altman Z-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Dallah Healthcare Co ranks #353 out of 662 companies for Altman Z-Score. This places Dallah Healthcare Co in the lower half of its industry. The industry median Altman Z-Score is 2.45. Dallah Healthcare Co's value of 2.27 is 7.3% below this benchmark. Historically, Dallah Healthcare Co's own Altman Z-Score has ranged from 2.03 to 7.11 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 2.45, Dallah Healthcare Co 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.45, based on 662 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. Dallah Healthcare Co's current Altman Z-Score of 2.27 is 7.3% 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 Dallah Healthcare Co and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dallah Healthcare Co's current Altman Z-Score is 2.27, which is 33% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dallah Healthcare Co stock overvalued right now?
Based on GuruFocus' analysis, Dallah Healthcare Co (SAU:4004) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼206.74, compared to a current price of ﷼111.00 — trading 46.3% below its estimated fair value. The current Altman Z-Score is 2.27, which is 33% below median its 10-year median of 3.41 and 7.3% below the Healthcare Providers & Services industry median of 2.45. Dallah Healthcare Co's overall GF Score™ is 92/100 with 8 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 Dallah Healthcare Co (SAU:4004), the current Altman Z-Score is 2.27 as of Jul. 09, 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 Dallah Healthcare Co (SAU:4004) Overvalued in 2026?

Based on GuruFocus' analysis, Dallah Healthcare Co stock appears to be undervalued. The current stock price of ﷼111.00 is trading 46.3% below its estimated GF Value™ of ﷼206.74. GuruFocus considers Dallah Healthcare Co to be Possible Value Trap.

Key valuation signals for SAU:4004:

  • Altman Z-Score: 2.27 (33% below median its 10-year median of 3.41)
  • GF Value™: ﷼206.74 vs. price of ﷼111.00 (46.3% below fair value)
  • GF Score™: 92/100 with 8 warning signs
  • Industry Position: 7.3% below the Healthcare Providers & Services median (#353 of 662)

No single metric tells the full story. See the SAU:4004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dallah Healthcare Co Business Description

Address 1157 King Fahad Road, Nakheel building, 2nd Floor, Riyadh, SAU, 12381
Dallah Healthcare Co provides and operates healthcare programs and utilities in the Kingdom of Saudi Arabia. The objectives of the company include operating, managing, and maintaining the healthcare entities, wholesale medicines, and retail of medical and surgical equipment, prosthetics, and devices for the disabled, hospital equipment, and manufacturing medicines, pharmaceuticals, herbals, health, cosmetics, detergents, disinfectants, and packaging in the Kingdom of Saudi Arabia. The reportable segments of the company are Medical Facilities and Pharmacies, and Distribution of Pharmaceutical Products. The company generates the majority of its revenue from the Medical Facilities and Pharmacies segment.
92GF Score

Get the complete analysis for SAU:4004

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

﷼111.00
Price
﷼206.74
GF Value