Etihad GO Telecom Co (SAU:7040) Altman Z-Score: 4.68 (As of Jul. 08, 2026) — 800% Above Median


SAU:7040 Etihad GO Telecom Co SAU:7040
85 GF Score
Price ﷼88.35
GF Value ﷼134.28
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Etihad GO Telecom Co Altman Z-Score?

Etihad GO Telecom Co SAU:7040 -1.28% 85 Altman Z-Score is 4.68 as of Jul. 08, 2026, which is 800% above its 10-year median of 0.52. GuruFocus rates SAU:7040 with a GF Score™ of 85/100 and a GF Value™ of ﷼134.28 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 363 Telecommunication Services companies, Etihad GO Telecom Co ranks better than 87.33% 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.

Good Sign:

Altman Z-score of 4.71 is strong.

Etihad GO Telecom Co has a Altman Z-Score of 4.68, 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.

The historical rank and industry rank for Etihad GO Telecom Co's Altman Z-Score or its related term are showing as below:

SAU:7040' s Altman Z-Score Range Over the Past 10 Years
Min: -1.18   Med: 0.52   Max: 4.71
Current: 4.71

During the past 13 years, Etihad GO Telecom Co's highest Altman Z-Score was 4.71. The lowest was -1.18. And the median was 0.52.


Etihad GO Telecom Co  (SAU:7040) 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.


Etihad GO Telecom Co Altman Z-Score Related Terms


Etihad GO Telecom Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Etihad GO Telecom 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.

Etihad GO Telecom Co Altman Z-Score Chart

Etihad GO Telecom Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 1.10 3.99 4.05 4.63

Etihad GO Telecom 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 4.05 4.40 5.01 4.64 4.63

SAU:7040 vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Etihad GO Telecom 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.


Etihad GO Telecom Co Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Etihad GO Telecom Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Etihad GO Telecom Co's Altman Z-Score falls into.


SAU:7040
85GF Score
Etihad GO Telecom Co SAU:7040
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Etihad GO Telecom 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.

Etihad GO Telecom 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*0.2622+1.4*0.3273+3.3*0.175+0.6*3.8131+1.0*1.0424
=4.68

* 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 ﷼1,840 Mil.
Total Current Assets was ﷼1,163 Mil.
Total Current Liabilities was ﷼681 Mil.
Retained Earnings was ﷼602 Mil.
Pre-Tax Income was 70.929 + 79.421 + 72.429 + 70.971 = ﷼294 Mil.
Interest Expense was -19.95 + 0 + -3.891 + -4.454 = ﷼-28 Mil.
Revenue was 523.436 + 489.059 + 470.136 + 435.363 = ﷼1,918 Mil.
Market Cap (Today) was ﷼3,004 Mil.
Total Liabilities was ﷼788 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
=(1163.066 - 680.573)/1840.039
=0.2622

X2=Retained Earnings/Total Assets
=602.332/1840.039
=0.3273

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(293.75 - -28.295)/1840.039
=0.175

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3003.891/787.792
=3.8131

X5=Revenue/Total Assets
=1917.994/1840.039
=1.0424

The zones of discrimination were as such:

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

Etihad GO Telecom Co has a Altman Z-Score of 4.68 indicating it is in Safe 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 4.68 mean?
Etihad GO Telecom Co (SAU:7040) has a Altman Z-Score of 4.68 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Etihad GO Telecom Co and its competitors. This is 800% above median its historical median of 0.52. According to the industry distribution chart, Etihad GO Telecom Co ranks #46 out of 363 companies in the Telecommunication Services industry, placing it in the top 12.7%.
Is Etihad GO Telecom Co's Altman Z-Score too high?
Etihad GO Telecom Co's current Altman Z-Score of 4.68 is 800% above median its 10-year median of 0.52. The Telecommunication Services industry median Altman Z-Score is 1.73. Etihad GO Telecom Co's value of 4.68 is 170.5% above this industry median. Based on the distribution chart, Etihad GO Telecom Co ranks #46 out of 363 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Etihad GO Telecom Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Etihad GO Telecom Co's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Etihad GO Telecom Co ranks #46 out of 363 companies for Altman Z-Score. This places Etihad GO Telecom Co in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.73. Etihad GO Telecom Co's value of 4.68 is 170.5% above this benchmark. While the company's 10-year median is 0.52 vs. the industry median of 1.73, Etihad GO Telecom 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.73, based on 363 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. Etihad GO Telecom Co's current Altman Z-Score of 4.68 is 170.5% 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 Etihad GO Telecom Co and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etihad GO Telecom Co's current Altman Z-Score is 4.68, which is 800% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etihad GO Telecom Co stock overvalued right now?
Based on GuruFocus' analysis, Etihad GO Telecom Co (SAU:7040) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼134.28, compared to a current price of ﷼88.35 — trading 34.2% below its estimated fair value. The current Altman Z-Score is 4.68, which is 800% above median its 10-year median of 0.52 and 170.5% above the Telecommunication Services industry median of 1.73. Etihad GO Telecom Co's overall GF Score™ is 85/100 with 1 warning sign 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 Etihad GO Telecom Co (SAU:7040), the current Altman Z-Score is 4.68 as of Jul. 08, 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 Etihad GO Telecom Co (SAU:7040) Overvalued in 2026?

Based on GuruFocus' analysis, Etihad GO Telecom Co stock appears to be undervalued. The current stock price of ﷼88.35 is trading 34.2% below its estimated GF Value™ of ﷼134.28. GuruFocus considers Etihad GO Telecom Co to be Significantly Undervalued.

Key valuation signals for SAU:7040:

  • Altman Z-Score: 4.68 (800% above median its 10-year median of 0.52)
  • GF Value™: ﷼134.28 vs. price of ﷼88.35 (34.2% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 170.5% above the Telecommunication Services median (#46 of 363)

No single metric tells the full story. See the SAU:7040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Etihad GO Telecom Co Business Description

Address 3704 King Abdullah Branch Road, P.O. Box 12482-6488, AlMughrizat district, Riyadh, SAU
Etihad GO Telecom Co offers a variety of fixed and wireless telecommunications services, such as voice services, data services, broadband internet services, internet telephony services, international gateway services, and landline phone services for individuals, households, and businesses. Its segments are Data services, Voice, Unallocated, and Systems Analysis, Application Design and Development Services. The company generates majority of revenue from Data services comprise of internet broadband services provided to business-to-business (B2B) and business-to-consumer (B2C). The company has presence in Kingdom of Saudi Arabia, and Outside Saudi Arabia. It generates majority of revenue from Kingdom of Saudi Arabia.
85GF Score

Get the complete analysis for SAU:7040

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

﷼88.35
Price
﷼134.28
GF Value