SRL (Scully Royalty) Altman Z-Score: 0.77 (As of Jun. 24, 2026) — 36% Below Median


SRL Scully Royalty Ltd SRL
49 GF Score
Price $6.13
GF Value $3.64
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Scully Royalty Altman Z-Score?

Scully Royalty SRL 49 Altman Z-Score is 0.77 as of Jun. 24, 2026, which is 36% below its 10-year median of 1.21. GuruFocus rates SRL with a GF Score™ of 49/100 and a GF Value™ of $3.64 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 658 Capital Markets companies, Scully Royalty ranks worse than 78.12% 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 0.77 is in distress zone. This implies bankruptcy possibility in the next two years.

Scully Royalty has a Altman Z-Score of 0.77, 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 Scully Royalty's Altman Z-Score or its related term are showing as below:

SRL' s Altman Z-Score Range Over the Past 10 Years
Min: 0.56   Med: 1.21   Max: 2.59
Current: 0.77

During the past 13 years, Scully Royalty's highest Altman Z-Score was 2.59. The lowest was 0.56. And the median was 1.21.


Scully Royalty  (NYSE:SRL) 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.


Scully Royalty Altman Z-Score Related Terms


Scully Royalty Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Scully Royalty'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.

Scully Royalty Altman Z-Score Chart

Scully Royalty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 1.34 0.88 1.08 1.06

Scully Royalty Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 1.08 0.00 1.06 0.00

SRL vs AURE, BMHL, DOMH: Altman Z-Score Comparison

For the Capital Markets subindustry, Scully Royalty'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.


Scully Royalty Altman Z-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Scully Royalty's Altman Z-Score distribution charts can be found below:

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


SRL
49GF Score
Scully Royalty Ltd SRL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Scully Royalty 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.

Scully Royalty'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*0.3123+1.4*-0.1342+3.3*-0.0377+0.6*1.0399+1.0*0.0806
=0.77

* 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. 2024:
Total Assets was $307.50 Mil.
Total Current Assets was $123.06 Mil.
Total Current Liabilities was $27.02 Mil.
Retained Earnings was $-41.28 Mil.
Pre-Tax Income was $-13.35 Mil.
Interest Expense was $-1.75 Mil.
Revenue was $24.78 Mil.
Market Cap (Today) was $93.26 Mil.
Total Liabilities was $89.68 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
=(123.057 - 27.015)/307.5
=0.3123

X2=Retained Earnings/Total Assets
=-41.277/307.5
=-0.1342

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-13.352 - -1.75)/307.5
=-0.0377

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=93.261/89.682
=1.0399

X5=Revenue/Total Assets
=24.779/307.5
=0.0806

The zones of discrimination were as such:

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

Scully Royalty has a Altman Z-Score of 0.77 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 0.77 mean?
Scully Royalty (SRL) has a Altman Z-Score of 0.77 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Scully Royalty and its competitors. This is 36% below median its historical median of 1.21. Over the past decade, Scully Royalty's Altman Z-Score has ranged from 0.56 to 2.59. According to the industry distribution chart, Scully Royalty ranks #514 out of 658 companies in the Capital Markets industry, placing it in the top 78.1%.
Is Scully Royalty's Altman Z-Score too high?
Scully Royalty's current Altman Z-Score of 0.77 is 36% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.59. The Capital Markets industry median Altman Z-Score is 2.58. Scully Royalty's value of 0.77 is 70.1% below this industry median. Based on the distribution chart, Scully Royalty ranks #514 out of 658 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Scully Royalty has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scully Royalty's Altman Z-Score compare to AURE and BMHL?
According to the Capital Markets industry distribution chart, Scully Royalty ranks #514 out of 658 companies for Altman Z-Score. This places Scully Royalty in the lower half of its industry. The industry median Altman Z-Score is 2.58. Scully Royalty's value of 0.77 is 70.1% below this benchmark. Historically, Scully Royalty's own Altman Z-Score has ranged from 0.56 to 2.59 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 2.58, Scully Royalty 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 Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.58, based on 658 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. Scully Royalty's current Altman Z-Score of 0.77 is 70.1% 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 Scully Royalty and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scully Royalty's current Altman Z-Score is 0.77, which is 36% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scully Royalty stock overvalued right now?
Based on GuruFocus' analysis, Scully Royalty (SRL) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.64, compared to a current price of $6.13 — trading 68.3% above its estimated fair value. The current Altman Z-Score is 0.77, which is 36% below median its 10-year median of 1.21 and 70.1% below the Capital Markets industry median of 2.58. Scully Royalty's overall GF Score™ is 49/100 with 6 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 Scully Royalty (SRL), the current Altman Z-Score is 0.77 as of Jun. 24, 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 Scully Royalty (SRL) Overvalued in 2026?

Based on GuruFocus' analysis, Scully Royalty stock appears to be overvalued. The current stock price of $6.13 is trading 68.3% above its estimated GF Value™ of $3.64. GuruFocus considers Scully Royalty to be Significantly Overvalued.

Key valuation signals for SRL:

  • Altman Z-Score: 0.77 (36% below median its 10-year median of 1.21)
  • GF Value™: $3.64 vs. price of $6.13 (68.3% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 70.1% below the Capital Markets median (#514 of 658)

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


Scully Royalty Business Description

Address 2299 Yan An Road West, Room 2103 Shanghai Mart Tower, Changning District, Shanghai, CHN, 200336
Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Royalty, which includes an interest in an iron ore mine; Industrial, which includes projects in resources and services; Merchant Banking, which comprises regulated merchant banking activities; and others. The majority of the revenue is generated from the Royalty segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which Canada accounts for the majority of the revenue.
49GF Score

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

$6.13
Price
$3.64
GF Value