Obeikan Glass Co (SAU:4145) Altman Z-Score: 2.21 (As of Jul. 06, 2026) — 76% Below Median


SAU:4145 Obeikan Glass Co SAU:4145
63 GF Score
Price ﷼24.86
GF Value ﷼41.68
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Obeikan Glass Co Altman Z-Score?

Obeikan Glass Co SAU:4145 -1.74% 63 Altman Z-Score is 2.21 as of Jul. 06, 2026, which is 76% below its 10-year median of 9.34. GuruFocus rates SAU:4145 with a GF Score™ of 63/100 and a GF Value™ of ﷼41.68 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,754 Construction companies, Obeikan Glass Co ranks worse than 52.68% 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 2.23 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.

Obeikan Glass Co has a Altman Z-Score of 2.21, indicating it is in Grey Zones. This implies that Obeikan Glass 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 Obeikan Glass Co's Altman Z-Score or its related term are showing as below:

SAU:4145' s Altman Z-Score Range Over the Past 10 Years
Min: 2.23   Med: 9.34   Max: 12.06
Current: 2.23

During the past 5 years, Obeikan Glass Co's highest Altman Z-Score was 12.06. The lowest was 2.23. And the median was 9.34.


Obeikan Glass Co  (SAU:4145) 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.


Obeikan Glass Co Altman Z-Score Related Terms


Obeikan Glass Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Obeikan Glass 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.

Obeikan Glass Co Altman Z-Score Chart

Obeikan Glass Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 11.11 12.06 7.56 2.23

Obeikan Glass Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 7.56 7.03 5.32 4.32 2.23

SAU:4145 vs TT, JCI, CARR: Altman Z-Score Comparison

For the Building Products & Equipment subindustry, Obeikan Glass 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.


Obeikan Glass Co Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Obeikan Glass Co's Altman Z-Score distribution charts can be found below:

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


SAU:4145
63GF Score
Obeikan Glass Co SAU:4145
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Obeikan Glass 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.

Obeikan Glass 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*-0.0141+1.4*0.2604+3.3*0.0703+0.6*2.0971+1.0*0.3684
=2.21

* 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 Dec. 2025:
Total Assets was ﷼962.6 Mil.
Total Current Assets was ﷼277.5 Mil.
Total Current Liabilities was ﷼291.2 Mil.
Retained Earnings was ﷼250.7 Mil.
Pre-Tax Income was 33.062 + 9.261 + 11.758 + 5.926 = ﷼60.0 Mil.
Interest Expense was -3.437 + -1.726 + -1.554 + -0.997 = ﷼-7.7 Mil.
Revenue was 87.848 + 92.662 + 89.139 + 85.024 = ﷼354.7 Mil.
Market Cap (Today) was ﷼795.5 Mil.
Total Liabilities was ﷼379.3 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
=(277.543 - 291.151)/962.641
=-0.0141

X2=Retained Earnings/Total Assets
=250.656/962.641
=0.2604

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(60.007 - -7.714)/962.641
=0.0703

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=795.520/379.337
=2.0971

X5=Revenue/Total Assets
=354.673/962.641
=0.3684

The zones of discrimination were as such:

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

Obeikan Glass Co has a Altman Z-Score of 2.21 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 2.21 mean?
Obeikan Glass Co (SAU:4145) has a Altman Z-Score of 2.21 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Obeikan Glass Co and its competitors. This is 76% below median its historical median of 9.34. Over the past decade, Obeikan Glass Co's Altman Z-Score has ranged from 2.23 to 12.06. According to the industry distribution chart, Obeikan Glass Co ranks #924 out of 1754 companies in the Construction industry, placing it in the top 52.7%.
Is Obeikan Glass Co's Altman Z-Score too high?
Obeikan Glass Co's current Altman Z-Score of 2.21 is 76% below median its 10-year median of 9.34. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 12.06. The Construction industry median Altman Z-Score is 2.34. Obeikan Glass Co's value of 2.21 is 5.4% below this industry median. Based on the distribution chart, Obeikan Glass Co ranks #924 out of 1754 companies in the Construction industry, which is below the industry midpoint. Overall, Obeikan Glass Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Obeikan Glass Co's Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, Obeikan Glass Co ranks #924 out of 1754 companies for Altman Z-Score. This places Obeikan Glass Co in the lower half of its industry. The industry median Altman Z-Score is 2.34. Obeikan Glass Co's value of 2.21 is 5.4% below this benchmark. Historically, Obeikan Glass Co's own Altman Z-Score has ranged from 2.23 to 12.06 over the past decade. While the company's 10-year median is 9.34 vs. the industry median of 2.34, Obeikan Glass 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 Construction company?
The median Altman Z-Score among Construction companies is 2.34, based on 1,754 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. Obeikan Glass Co's current Altman Z-Score of 2.21 is 5.4% 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 Obeikan Glass Co and its competitors. For the Construction industry, the median Altman Z-Score is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Obeikan Glass Co's current Altman Z-Score is 2.21, which is 76% below median its own 10-year median of 9.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obeikan Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Obeikan Glass Co (SAU:4145) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼41.68, compared to a current price of ﷼24.86 — trading 40.4% below its estimated fair value. The current Altman Z-Score is 2.21, which is 76% below median its 10-year median of 9.34 and 5.4% below the Construction industry median of 2.34. Obeikan Glass Co's overall GF Score™ is 63/100 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 Obeikan Glass Co (SAU:4145), the current Altman Z-Score is 2.21 as of Jul. 06, 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 Obeikan Glass Co (SAU:4145) Overvalued in 2026?

Based on GuruFocus' analysis, Obeikan Glass Co stock appears to be undervalued. The current stock price of ﷼24.86 is trading 40.4% below its estimated GF Value™ of ﷼41.68. GuruFocus considers Obeikan Glass Co to be Possible Value Trap.

Key valuation signals for SAU:4145:

  • Altman Z-Score: 2.21 (76% below median its 10-year median of 9.34)
  • GF Value™: ﷼41.68 vs. price of ﷼24.86 (40.4% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 5.4% below the Construction median (#924 of 1754)

No single metric tells the full story. See the SAU:4145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Obeikan Glass Co Business Description

Address Al-Olaya Street, P.O. Box 75767, Al-Olaya District, Riyadh, SAU, 12244
Obeikan Glass Co is a Saudi Arabia-based company engaged in the wholesale of chemicals and the wholesale and retail sale of glass panels. Its product portfolio comprises Float Glass (Nova Float) and Lamination Glass (Nova Lam). The Group's operating segments are: Glass Panels, which generate the maximum revenue, Aluminium Casting, and Insulated and multi layered glass. Geographically, it generates maximum revenue from the local market and also exports its products to other countries.
63GF Score

Get the complete analysis for SAU:4145

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

﷼24.86
Price
﷼41.68
GF Value