Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
United Urban InvestmentTSE:8960 66 Altman Z-Score is 1.04 as of Jul. 14, 2026, which is 3% below its 10-year median of 1.07. GuruFocus rates TSE:8960 with a GF Score™ of 66/100 and a GF Value™ of 円168,097.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 735 REITs companies, United Urban Investment ranks worse than 52.38% 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 1.04 is in distress zone. This implies bankruptcy possibility in the next two years.
United Urban Investment has a Altman Z-Score of 1.04, 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 United Urban Investment's Altman Z-Score or its related term are showing as below:
TSE:8960'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.89 Med: 1.07 Max: 1.54
Current: 1.04
During the past 13 years, United Urban Investment's highest Altman Z-Score was 1.54. The lowest was 0.89. And the median was 1.07.
United Urban Investment (TSE:8960) 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.
* 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 - Diversified subindustry, United Urban Investment'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.
United Urban Investment Altman Z-Score vs REITs Industry
For the REITs industry and Real Estate sector, United Urban Investment's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where United Urban Investment's Altman Z-Score falls into.
United Urban Investment 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.
* 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.
United Urban Investment (TSE:8960) has a Altman Z-Score of 1.04 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on United Urban Investment and its competitors. This is near median its historical median of 1.07. Over the past decade, United Urban Investment's Altman Z-Score has ranged from 0.89 to 1.54. According to the industry distribution chart, United Urban Investment ranks #385 out of 735 companies in the REITs industry, placing it in the top 52.4%.
Is United Urban Investment's Altman Z-Score too high?
United Urban Investment's current Altman Z-Score of 1.04 is near median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 1.54. The REITs industry median Altman Z-Score is 1.09. United Urban Investment's value of 1.04 is 4.6% below this industry median. Based on the distribution chart, United Urban Investment ranks #385 out of 735 companies in the REITs industry, which is below the industry midpoint. Overall, United Urban Investment has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Urban Investment's Altman Z-Score compare to VICI and WPC?
According to the REITs industry distribution chart, United Urban Investment ranks #385 out of 735 companies for Altman Z-Score. This places United Urban Investment in the lower half of its industry. The industry median Altman Z-Score is 1.09. United Urban Investment's value of 1.04 is 4.6% below this benchmark. Historically, United Urban Investment's own Altman Z-Score has ranged from 0.89 to 1.54 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.09, United Urban Investment 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 REITs company?
The median Altman Z-Score among REITs companies is 1.09, based on 735 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. United Urban Investment's current Altman Z-Score of 1.04 is 4.6% 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 United Urban Investment and its competitors. For the REITs industry, the median Altman Z-Score is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Urban Investment's current Altman Z-Score is 1.04, which is near median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Urban Investment stock overvalued right now?
Based on GuruFocus' analysis, United Urban Investment (TSE:8960) is currently considered Fairly Valued. The stock's GF Value™ is 円168,097.85, compared to a current price of 円161,400.00 — trading 4% below its estimated fair value. The current Altman Z-Score is 1.04, which is near median its 10-year median of 1.07 and 4.6% below the REITs industry median of 1.09. United Urban Investment's overall GF Score™ is 66/100 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 United Urban Investment (TSE:8960), the current Altman Z-Score is 1.04 as of Jul. 14, 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 United Urban Investment (TSE:8960) Overvalued in 2026?
Based on GuruFocus' analysis, United Urban Investment stock appears to be undervalued.
The current stock price of 円161,400.00 is trading 4% below its estimated GF Value™ of 円168,097.85.
GuruFocus considers United Urban Investment to be Fairly Valued.
Key valuation signals for TSE:8960:
Altman Z-Score: 1.04 (near median its 10-year median of 1.07)
GF Value™: 円168,097.85 vs. price of 円161,400.00 (4% below fair value)
Industry Position: 4.6% below the REITs median (#385 of 735)
No single metric tells the full story. See the TSE:8960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Urban Investment Corp is a real estate investment trust. The company invests in real estates such as retail properties, office buildings, hotels, residential properties and others. The company's primary objective is to secure steady earnings over the medium to long term through investment in varied both in types of use and geographical location. The company invests in real estates located in the Tokyo metropolitan area and other cities in Japan including government-designated cities, and surrounding areas thereof.
66GF Score
Get the complete analysis for TSE:8960
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8960 has been successfully added to your 
