Region GroupSCPAF 73 Altman Z-Score is 1.30 as of Jun. 25, 2026, which is 6% below its 10-year median of 1.38. GuruFocus rates SCPAF with a GF Score™ of 73/100 and a GF Value™ of $1.44. The stock has 8 warning signs investors should review. Among 740 REITs companies, Region Group ranks better than 57.3% 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 1.23 is in distress zone. This implies bankruptcy possibility in the next two years.
Region Group has a Altman Z-Score of 1.30, 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 Region Group's Altman Z-Score or its related term are showing as below:
SCPAF'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.87 Med: 1.38 Max: 1.78
Current: 1.23
During the past 12 years, Region Group's highest Altman Z-Score was 1.78. The lowest was 0.87. And the median was 1.38.
Region Group (OTCPK:SCPAF) 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.
Altman Z-Score does not apply to financial companies.
Region Group Altman Z-Score Related Terms
Region Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Region Group'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.
For the REIT - Retail subindustry, Region Group'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.
Region Group Altman Z-Score vs REITs Industry
For the REITs industry and Real Estate sector, Region Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Region Group's Altman Z-Score falls into.
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.
Region Group'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
*
-0.0203
+
1.4
*
0.0009
+
3.3
*
0.0608
+
0.6
*
1.7247
+
1.0
*
0.0832
=
1.30
* 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.
Region Group (SCPAF) has a Altman Z-Score of 1.30 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Region Group and its competitors. This is near median its historical median of 1.38. Over the past decade, Region Group's Altman Z-Score has ranged from 0.87 to 1.78. According to the industry distribution chart, Region Group ranks #316 out of 740 companies in the REITs industry, placing it in the top 42.7%.
Is Region Group's Altman Z-Score too high?
Region Group's current Altman Z-Score of 1.30 is near median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.78. The REITs industry median Altman Z-Score is 1.07. Region Group's value of 1.30 is 21.5% above this industry median. Based on the distribution chart, Region Group ranks #316 out of 740 companies in the REITs industry, which is above the industry midpoint. Overall, Region Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Region Group's Altman Z-Score compare to SPG and O?
According to the REITs industry distribution chart, Region Group ranks #316 out of 740 companies for Altman Z-Score. This puts Region Group in the upper half of its industry. The industry median Altman Z-Score is 1.07. Region Group's value of 1.30 is 21.5% above this benchmark. Historically, Region Group's own Altman Z-Score has ranged from 0.87 to 1.78 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.07, Region Group 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 REITs company?
The median Altman Z-Score among REITs companies is 1.07, based on 740 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. Region Group's current Altman Z-Score of 1.30 is 21.5% 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 Region Group and its competitors. For the REITs industry, the median Altman Z-Score is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Region Group's current Altman Z-Score is 1.30, which is near median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Region Group stock overvalued right now?
Region Group (SCPAF) has a current Altman Z-Score of 1.30. The stock's GF Value™ is $1.44, compared to a current price of $1.55 — trading 7.6% above its estimated fair value. The current Altman Z-Score is 1.30, which is near median its 10-year median of 1.38 and 21.5% above the REITs industry median of 1.07. Region Group's overall GF Score™ is 73/100 with 8 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 Region Group (SCPAF), the current Altman Z-Score is 1.30 as of Jun. 25, 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 Region Group (SCPAF) Overvalued in 2026?
Based on GuruFocus' analysis, Region Group stock appears to be overvalued.
The current stock price of $1.55 is trading 7.6% above its estimated GF Value™ of $1.44.
Key valuation signals for SCPAF:
Altman Z-Score: 1.30 (near median its 10-year median of 1.38)
GF Value™: $1.44 vs. price of $1.55 (7.6% above fair value)
Industry Position: 21.5% above the REITs median (#316 of 740)
No single metric tells the full story. See the SCPAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Region Group specializes in leasing out convenience-focused properties that offer everyday goods and services. More than half of the rent is derived from specialty tenants, which are mostly non-discretionary, such as food and liquor, pharmacy and healthcare, and general services. Typically, specialty rent increases at a fixed rate of 4% per year. In contrast, anchor leases, which contribute the other half of Region's rental income, grows at a slower pace. Among anchor tenants, 50% pay a base rent plus a percentage of their sales turnover, and 50% pay a constant base rent which is usually reviewed every five years. Region's development pipeline is relatively small. The group typically undertakes development on behalf of a capital partner, or upgrades and refurbishes existing centers.
73GF Score
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