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Shimao Group HoldingsSHMAY 34 Altman Z-Score is 0.25 as of Jul. 20, 2026, which is 56% below its 10-year median of 0.57. GuruFocus rates SHMAY with a GF Score™ of 34/100 and a GF Value™ of $12.07. The stock has 2 warning signs investors should review. Among 1,734 Real Estate companies, Shimao Group Holdings ranks worse than 86.56% 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 0.18 is in distress zone. This implies bankruptcy possibility in the next two years.
Shimao Group Holdings has a Altman Z-Score of 0.25, 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 Shimao Group Holdings's Altman Z-Score or its related term are showing as below:
SHMAY'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.32 Med: 0.57 Max: 0.97
Current: 0.18
During the past 13 years, Shimao Group Holdings's highest Altman Z-Score was 0.97. The lowest was -0.32. And the median was 0.57.
Shimao Group Holdings (OTCPK:SHMAY) 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.
Shimao Group Holdings Altman Z-Score Related Terms
Shimao Group Holdings Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Shimao Group Holdings'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.
Shimao Group Holdings Altman Z-Score Competitor Comparison
For the Real Estate - Development subindustry, Shimao Group Holdings'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.
Shimao Group Holdings Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Shimao Group Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Shimao Group Holdings'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.
* 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.
Shimao Group Holdings (SHMAY) has a Altman Z-Score of 0.25 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shimao Group Holdings and its competitors. This is 56% below median its historical median of 0.57. According to the industry distribution chart, Shimao Group Holdings ranks #1501 out of 1734 companies in the Real Estate industry, placing it in the top 86.6%.
Is Shimao Group Holdings' Altman Z-Score too high?
Shimao Group Holdings' current Altman Z-Score of 0.25 is 56% below median its 10-year median of 0.57. The Real Estate industry median Altman Z-Score is 1.31. Shimao Group Holdings' value of 0.25 is 80.9% below this industry median. Based on the distribution chart, Shimao Group Holdings ranks #1501 out of 1734 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Shimao Group Holdings has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Shimao Group Holdings' Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Shimao Group Holdings ranks #1501 out of 1734 companies for Altman Z-Score. This places Shimao Group Holdings in the lower half of its industry. The industry median Altman Z-Score is 1.31. Shimao Group Holdings' value of 0.25 is 80.9% below this benchmark. While the company's 10-year median is 0.57 vs. the industry median of 1.31, Shimao Group Holdings 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 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. Shimao Group Holdings's current Altman Z-Score of 0.25 is 80.9% 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 Shimao Group Holdings 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. Shimao Group Holdings's current Altman Z-Score is 0.25, which is 56% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimao Group Holdings stock overvalued right now?
Shimao Group Holdings (SHMAY) has a current Altman Z-Score of 0.25. The stock's GF Value™ is $12.07, compared to a current price of $5.39 — trading 55.3% below its estimated fair value. The current Altman Z-Score is 0.25, which is 56% below median its 10-year median of 0.57 and 80.9% below the Real Estate industry median of 1.31. Shimao Group Holdings' overall GF Score™ is 34/100 with 2 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 Shimao Group Holdings (SHMAY), the current Altman Z-Score is 0.25 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.
Is Shimao Group Holdings (SHMAY) Overvalued in 2026?
Based on GuruFocus' analysis, Shimao Group Holdings stock appears to be undervalued.
The current stock price of $5.39 is trading 55.3% below its estimated GF Value™ of $12.07.
Key valuation signals for SHMAY:
Altman Z-Score: 0.25 (56% below median its 10-year median of 0.57)
GF Value™: $12.07 vs. price of $5.39 (55.3% below fair value)
Industry Position: 80.9% below the Real Estate median (#1501 of 1734)
No single metric tells the full story. See the SHMAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shimao Group Holdings Ltd is engaged in the development and investment of residential and commercial properties, property management, commercial properties operation and hotel operation in China. The company earns revenue from Sales of properties, Hotel operation income, Commercial properties operation income and Property management income, and others. The company operates in single segment Property development and investment.
34GF Score
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