Vodacom GroupVODAF 77 Altman Z-Score is 2.54 as of Jun. 27, 2026, which is 8% below its 10-year median of 2.77. GuruFocus rates VODAF with a GF Score™ of 77/100 and a GF Value™ of $8.82 (Fairly Valued). The stock has 5 warning signs investors should review. Among 366 Telecommunication Services companies, Vodacom Group ranks better than 68.31% 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 2.5 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Vodacom Group has a Altman Z-Score of 2.54, indicating it is in Grey Zones. This implies that Vodacom Group is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Vodacom Group's Altman Z-Score or its related term are showing as below:
VODAF'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.23 Med: 2.77 Max: 4.69
Current: 2.5
During the past 13 years, Vodacom Group's highest Altman Z-Score was 4.69. The lowest was 2.23. And the median was 2.77.
Vodacom Group (OTCPK:VODAF) 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.
Vodacom Group Altman Z-Score Related Terms
Vodacom Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Vodacom 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 Telecom Services subindustry, Vodacom 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.
Vodacom Group Altman Z-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Vodacom Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Vodacom 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.
Vodacom 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
*
0.0279
+
1.4
*
0.2194
+
3.3
*
0.1646
+
0.6
*
1.749
+
1.0
*
0.6065
=
2.54
* 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.
Vodacom Group (VODAF) has a Altman Z-Score of 2.54 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Vodacom Group and its competitors. This is near median its historical median of 2.77. Over the past decade, Vodacom Group's Altman Z-Score has ranged from 2.23 to 4.69. According to the industry distribution chart, Vodacom Group ranks #116 out of 366 companies in the Telecommunication Services industry, placing it in the top 31.7%.
Is Vodacom Group's Altman Z-Score too high?
Vodacom Group's current Altman Z-Score of 2.54 is near median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 4.69. The Telecommunication Services industry median Altman Z-Score is 1.72. Vodacom Group's value of 2.54 is 47.7% above this industry median. Based on the distribution chart, Vodacom Group ranks #116 out of 366 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Vodacom Group has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vodacom Group's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodacom Group ranks #116 out of 366 companies for Altman Z-Score. This puts Vodacom Group in the upper half of its industry. The industry median Altman Z-Score is 1.72. Vodacom Group's value of 2.54 is 47.7% above this benchmark. Historically, Vodacom Group's own Altman Z-Score has ranged from 2.23 to 4.69 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 1.72, Vodacom 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.72, based on 366 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. Vodacom Group's current Altman Z-Score of 2.54 is 47.7% 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 Vodacom Group and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodacom Group's current Altman Z-Score is 2.54, which is near median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodacom Group stock overvalued right now?
Based on GuruFocus' analysis, Vodacom Group (VODAF) is currently considered Fairly Valued. The stock's GF Value™ is $8.82, compared to a current price of $8.98 — trading 1.8% above its estimated fair value. The current Altman Z-Score is 2.54, which is near median its 10-year median of 2.77 and 47.7% above the Telecommunication Services industry median of 1.72. Vodacom Group's overall GF Score™ is 77/100 with 5 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 Vodacom Group (VODAF), the current Altman Z-Score is 2.54 as of Jun. 27, 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 Vodacom Group (VODAF) Overvalued in 2026?
Based on GuruFocus' analysis, Vodacom Group stock appears to be overvalued.
The current stock price of $8.98 is trading 1.8% above its estimated GF Value™ of $8.82.
GuruFocus considers Vodacom Group to be Fairly Valued.
Key valuation signals for VODAF:
Altman Z-Score: 2.54 (near median its 10-year median of 2.77)
GF Value™: $8.82 vs. price of $8.98 (1.8% above fair value)
Industry Position: 47.7% above the Telecommunication Services median (#116 of 366)
No single metric tells the full story. See the VODAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vodacom Group Ltd is a telecommunications provider. It is engaged in the provision of a wide range of communications products and services including but not limited to voice, messaging, converged services, broadband, data connectivity, mobile financial services and other value added services. Its segments includes South Africa comprises the information relating to the South African-based cellular network and other business segments. Egypt comprises the information relating to the Egyptian-based cellular network and other business segments. International comprises the segment information relating to the non-South African-based cellular networks in Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo. It generates majority of revenue from South Africa.
77GF Score
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