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.
Good Sign:
Altman Z-score of 7.72 is strong.
Makkah Construction & Development Co has a Altman Z-Score of 7.67, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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.
SAU:4100'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.54 Med: 14.83 Max: 42.33
Current: 7.72
During the past 13 years, Makkah Construction & Development Co's highest Altman Z-Score was 42.33. The lowest was 7.54. And the median was 14.83.
Makkah Construction & Development Co (SAU:4100) 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.
* 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.
Makkah Construction & Development Co Altman Z-Score Chart
SAU:4100 vs MAR, HLT, H: Altman Z-Score Comparison
For the Lodging subindustry, Makkah Construction & Development 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.
Makkah Construction & Development Co Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Makkah Construction & Development Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Makkah Construction & Development Co's Altman Z-Score falls into.
Makkah Construction & Development 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.
* 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.
Makkah Construction & Development Co (SAU:4100) has a Altman Z-Score of 7.67 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Makkah Construction & Development Co and its competitors. This is 48% below median its historical median of 14.83. Over the past decade, Makkah Construction & Development Co's Altman Z-Score has ranged from 7.54 to 42.33. According to the industry distribution chart, Makkah Construction & Development Co ranks #84 out of 840 companies in the Travel & Leisure industry, placing it in the top 10%.
Is Makkah Construction & Development Co's Altman Z-Score too high?
Makkah Construction & Development Co's current Altman Z-Score of 7.67 is 48% below median its 10-year median of 14.83. Over the past 10 years, this metric has ranged from a low of 7.54 to a high of 42.33. The Travel & Leisure industry median Altman Z-Score is 1.98. Makkah Construction & Development Co's value of 7.67 is 288.4% above this industry median. Based on the distribution chart, Makkah Construction & Development Co ranks #84 out of 840 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Makkah Construction & Development Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Makkah Construction & Development Co's Altman Z-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Makkah Construction & Development Co ranks #84 out of 840 companies for Altman Z-Score. This places Makkah Construction & Development Co in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.98. Makkah Construction & Development Co's value of 7.67 is 288.4% above this benchmark. Historically, Makkah Construction & Development Co's own Altman Z-Score has ranged from 7.54 to 42.33 over the past decade. While the company's 10-year median is 14.83 vs. the industry median of 1.98, Makkah Construction & Development Co 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 1.98, based on 840 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. Makkah Construction & Development Co's current Altman Z-Score of 7.67 is 288.4% 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 Makkah Construction & Development Co and its competitors. For the Travel & Leisure 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. Makkah Construction & Development Co's current Altman Z-Score is 7.67, which is 48% below median its own 10-year median of 14.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makkah Construction & Development Co stock overvalued right now?
Based on GuruFocus' analysis, Makkah Construction & Development Co (SAU:4100) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼110.87, compared to a current price of ﷼85.95 — trading 22.5% below its estimated fair value. The current Altman Z-Score is 7.67, which is 48% below median its 10-year median of 14.83 and 288.4% above the Travel & Leisure industry median of 1.98. Makkah Construction & Development Co's overall GF Score™ is 92/100 with 6 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 Makkah Construction & Development Co (SAU:4100), the current Altman Z-Score is 7.67 as of Jun. 29, 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 Makkah Construction & Development Co (SAU:4100) Overvalued in 2026?
Based on GuruFocus' analysis, Makkah Construction & Development Co stock appears to be undervalued.
The current stock price of ﷼85.95 is trading 22.5% below its estimated GF Value™ of ﷼110.87.
GuruFocus considers Makkah Construction & Development Co to be Modestly Undervalued.
Key valuation signals for SAU:4100:
Altman Z-Score: 7.67 (48% below median its 10-year median of 14.83)
GF Value™: ﷼110.87 vs. price of ﷼85.95 (22.5% below fair value)
Industry Position: 288.4% above the Travel & Leisure median (#84 of 840)
No single metric tells the full story. See the SAU:4100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Makkah Construction & Development Co Business Description
Makkah Construction & Development Co is engaged in developing construction projects such as developing facilities near the Holy Mosque of Makkah. The company's objectives are to Build up the areas around Makkah Holy mosque, own, develop, operate, and invest in the real estate around Makkah Holy mosque, and carry out all engineering works, survey, demolishing & construction works for the company projects. The segments of the company include: The Commercial Center; Hotels and towers; Hajj and Umrah; Investment sector; and Other (not specified). It derives maximum revenue from Hotels and Towers segment. The projects of the company include: Jabal Omar Development Company; Masar Project; and Jarahm Project.
92GF Score
Get the complete analysis for SAU:4100
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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