Meyar Co (SAU:9565) Altman Z-Score: 1.76 (As of Jul. 15, 2026) — 23% Below Median

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SAU:9565 Meyar Co SAU:9565
34 GF Score
Price ﷼30.00
GF Value ﷼163.55
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Meyar Co Altman Z-Score?

Meyar Co SAU:9565 34 Altman Z-Score is 1.76 as of Jul. 15, 2026, which is 23% below its 10-year median of 2.28. GuruFocus rates SAU:9565 with a GF Score™ of 34/100 and a GF Value™ of ﷼163.55 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 403 Building Materials companies, Meyar Co ranks worse than 62.78% 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 1.76 is in distress zone. This implies bankruptcy possibility in the next two years.

Meyar Co has a Altman Z-Score of 1.76, 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 Meyar Co's Altman Z-Score or its related term are showing as below:

SAU:9565' s Altman Z-Score Range Over the Past 10 Years
Min: 1.76   Med: 2.28   Max: 3.37
Current: 1.76

During the past 4 years, Meyar Co's highest Altman Z-Score was 3.37. The lowest was 1.76. And the median was 2.28.


Meyar Co  (SAU:9565) 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.


Meyar Co Altman Z-Score Related Terms


Meyar Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Meyar 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.

Meyar Co Altman Z-Score Chart

Meyar Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 3.37 2.28 1.85

Meyar Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial 3.37 0.00 2.28 0.00 1.85

SAU:9565 vs CRH, VMC, MLM: Altman Z-Score Comparison

For the Building Materials subindustry, Meyar 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.


Meyar Co Altman Z-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Meyar Co's Altman Z-Score distribution charts can be found below:

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


SAU:9565
34GF Score
Meyar Co SAU:9565
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Meyar 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.

Meyar 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*-0.1727+1.4*0.0582+3.3*0.032+0.6*1.0601+1.0*1.1473
=1.76

* 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 ﷼70.09 Mil.
Total Current Assets was ﷼12.82 Mil.
Total Current Liabilities was ﷼24.92 Mil.
Retained Earnings was ﷼4.08 Mil.
Pre-Tax Income was ﷼0.38 Mil.
Interest Expense was ﷼-1.87 Mil.
Revenue was ﷼80.42 Mil.
Market Cap (Today) was ﷼39.81 Mil.
Total Liabilities was ﷼37.55 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
=(12.818 - 24.922)/70.094
=-0.1727

X2=Retained Earnings/Total Assets
=4.082/70.094
=0.0582

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.377 - -1.868)/70.094
=0.032

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=39.810/37.553
=1.0601

X5=Revenue/Total Assets
=80.417/70.094
=1.1473

The zones of discrimination were as such:

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

Meyar Co has a Altman Z-Score of 1.76 indicating it is in Distress 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 1.76 mean?
Meyar Co (SAU:9565) has a Altman Z-Score of 1.76 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Meyar Co and its competitors. This is 23% below median its historical median of 2.28. Over the past decade, Meyar Co's Altman Z-Score has ranged from 1.76 to 3.37. According to the industry distribution chart, Meyar Co ranks #253 out of 403 companies in the Building Materials industry, placing it in the top 62.8%.
Is Meyar Co's Altman Z-Score too high?
Meyar Co's current Altman Z-Score of 1.76 is 23% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 3.37. The Building Materials industry median Altman Z-Score is 2.22. Meyar Co's value of 1.76 is 20.7% below this industry median. Based on the distribution chart, Meyar Co ranks #253 out of 403 companies in the Building Materials industry, which is below the industry midpoint. Overall, Meyar Co has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meyar Co's Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Meyar Co ranks #253 out of 403 companies for Altman Z-Score. This places Meyar Co in the lower half of its industry. The industry median Altman Z-Score is 2.22. Meyar Co's value of 1.76 is 20.7% below this benchmark. Historically, Meyar Co's own Altman Z-Score has ranged from 1.76 to 3.37 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 2.22, Meyar 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 Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.22, based on 403 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. Meyar Co's current Altman Z-Score of 1.76 is 20.7% 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 Meyar Co and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meyar Co's current Altman Z-Score is 1.76, which is 23% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meyar Co stock overvalued right now?
Based on GuruFocus' analysis, Meyar Co (SAU:9565) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼163.55, compared to a current price of ﷼30.00 — trading 81.7% below its estimated fair value. The current Altman Z-Score is 1.76, which is 23% below median its 10-year median of 2.28 and 20.7% below the Building Materials industry median of 2.22. Meyar Co's overall GF Score™ is 34/100 with 4 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 Meyar Co (SAU:9565), the current Altman Z-Score is 1.76 as of Jul. 15, 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 Meyar Co (SAU:9565) Overvalued in 2026?

Based on GuruFocus' analysis, Meyar Co stock appears to be undervalued. The current stock price of ﷼30.00 is trading 81.7% below its estimated GF Value™ of ﷼163.55. GuruFocus considers Meyar Co to be Possible Value Trap.

Key valuation signals for SAU:9565:

  • Altman Z-Score: 1.76 (23% below median its 10-year median of 2.28)
  • GF Value™: ﷼163.55 vs. price of ﷼30.00 (81.7% below fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 20.7% below the Building Materials median (#253 of 403)

No single metric tells the full story. See the SAU:9565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meyar Co Business Description

Address Abdul Mohsen Al-Tuwaijri Street, Al Majmaah - King Abdullah District, Sheikh Abdulaziz bin, Building No 4084, Secondary Number 6699, Harmah, SAU, 15365
Meyar Co is engaged in the manufacture of hollow cement blocks and bricks, the production of ready-mixed concrete, the manufacture of precast insulated concrete, the general construction of residential buildings, the general construction of non-residential buildings, such as schools, hospitals, and hotels the general construction of government buildings, land transportation of goods, purchase, sale and division of land and real estate and off-plan sales activities.
34GF Score

Get the complete analysis for SAU:9565

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

﷼30.00
Price
﷼163.55
GF Value