Adeer Real Estate Co (SAU:9634) Altman Z-Score: 12.91 (As of Jul. 20, 2026)

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SAU:9634 Adeer Real Estate Co SAU:9634
24 GF Score
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What is Adeer Real Estate Co Altman Z-Score?

Adeer Real Estate Co SAU:9634 +1.11% 24 Altman Z-Score is 12.91 as of Jul. 20, 2026. GuruFocus rates SAU:9634 with a GF Score™ of 24/100. Among 1,734 Real Estate companies, Adeer Real Estate Co ranks worse than 57670.07% 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.

Adeer Real Estate Co has a Altman Z-Score of 12.91, 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 Adeer Real Estate Co's Altman Z-Score or its related term are showing as below:


Adeer Real Estate Co  (SAU:9634) 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.


Adeer Real Estate Co Altman Z-Score Related Terms


Adeer Real Estate Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Adeer Real Estate 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.

Adeer Real Estate Co Altman Z-Score Chart

Adeer Real Estate Co Annual Data
Trend Dec24 Dec25
Altman Z-Score
0.00 0.00

Adeer Real Estate Co Semi-Annual Data
Jun24 Dec24 Jun25 Dec25
Altman Z-Score 0.00 0.00 0.00 0.00

SAU:9634 vs CBRE, BEKE, JLL: Altman Z-Score Comparison

For the Real Estate Services subindustry, Adeer Real Estate 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.


Adeer Real Estate Co Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Adeer Real Estate Co's Altman Z-Score distribution charts can be found below:

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


SAU:9634
24GF Score
Adeer Real Estate Co SAU:9634
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Adeer Real Estate 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.

Adeer Real Estate 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*0.4736+1.4*0.5589+3.3*0.5772+0.6*14.5679+1.0*0.9122
=12.91

* 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 ﷼184.1 Mil.
Total Current Assets was ﷼112.8 Mil.
Total Current Liabilities was ﷼25.6 Mil.
Retained Earnings was ﷼102.9 Mil.
Pre-Tax Income was ﷼106.3 Mil.
Interest Expense was ﷼-0.0 Mil.
Revenue was ﷼168.0 Mil.
Market Cap (Today) was ﷼455.0 Mil.
Total Liabilities was ﷼31.2 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
=(112.831 - 25.631)/184.141
=0.4736

X2=Retained Earnings/Total Assets
=102.908/184.141
=0.5589

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(106.275 - -0.017)/184.141
=0.5772

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=455.000/31.233
=14.5679

X5=Revenue/Total Assets
=167.979/184.141
=0.9122

The zones of discrimination were as such:

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

Adeer Real Estate Co has a Altman Z-Score of 12.91 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 12.91 mean?
Adeer Real Estate Co (SAU:9634) has a Altman Z-Score of 12.91 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Adeer Real Estate Co and its competitors. According to the industry distribution chart, Adeer Real Estate Co ranks #999999 out of 1734 companies in the Real Estate industry.
Is Adeer Real Estate Co's Altman Z-Score too high?
Adeer Real Estate Co's current Altman Z-Score is 12.91. The Real Estate industry median Altman Z-Score is 1.31. Adeer Real Estate Co's value of 12.91 is 885.5% above this industry median. Based on the distribution chart, Adeer Real Estate Co ranks #999999 out of 1734 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Adeer Real Estate Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Adeer Real Estate Co's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Adeer Real Estate Co ranks #999999 out of 1734 companies for Altman Z-Score. This places Adeer Real Estate Co in the lower half of its industry. The industry median Altman Z-Score is 1.31. Adeer Real Estate Co's value of 12.91 is 885.5% above this benchmark. 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,734 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. Adeer Real Estate Co's current Altman Z-Score of 12.91 is 885.5% 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 Adeer Real Estate Co and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adeer Real Estate Co's current Altman Z-Score is 12.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adeer Real Estate Co stock overvalued right now?
Adeer Real Estate Co (SAU:9634) has a current Altman Z-Score of 12.91. The current Altman Z-Score is 12.91 and 885.5% above the Real Estate industry median of 1.31. Adeer Real Estate Co's overall GF Score™ is 24/100. 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 Adeer Real Estate Co (SAU:9634), the current Altman Z-Score is 12.91 as of Jul. 20, 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.

Adeer Real Estate Co Business Description

Address Prince Turki Street, Sumou Tower, P.O. Box: 250, Eastern Province, Al Khobar, SAU, 31952
Adeer Real Estate Co offers a comprehensive package of real estate marketing services to individuals, companies, and institutions. The company's segment consists of Real estate marketing, Property management, Sale of land, Real estate development, and Other. The company generates the majority of its revenue from Real estate marketing.
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