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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.
Good Sign:
Altman Z-score of 7.03 is strong.
Palestine Securities Exchange has a Altman Z-Score of 7.03, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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 Palestine Securities Exchange's Altman Z-Score or its related term are showing as below:
XPAE:PSE'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.03 Med: 16.88 Max: 27.11
Current: 7.03
During the past 13 years, Palestine Securities Exchange's highest Altman Z-Score was 27.11. The lowest was 7.03. And the median was 16.88.
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.
XPAE:PSE vs SPGI, CME, ICE: Altman Z-Score Comparison
For the Financial Data & Stock Exchanges subindustry, Palestine Securities Exchange'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.
Palestine Securities Exchange Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Palestine Securities Exchange's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Palestine Securities Exchange'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.
Palestine Securities Exchange (XPAE:PSE) has a Altman Z-Score of 7.03 as of Jul. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Palestine Securities Exchange and its competitors. This is 58% below median its historical median of 16.88. Over the past decade, Palestine Securities Exchange's Altman Z-Score has ranged from 7.03 to 27.11.
Is Palestine Securities Exchange's Altman Z-Score too high?
Palestine Securities Exchange's current Altman Z-Score of 7.03 is 58% below median its 10-year median of 16.88. Over the past 10 years, this metric has ranged from a low of 7.03 to a high of 27.11. The Capital Markets industry median Altman Z-Score is 2.61. Palestine Securities Exchange's value of 7.03 is 169.3% above this industry median. Overall, Palestine Securities Exchange has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Palestine Securities Exchange's Altman Z-Score compare to SPGI and CME?
Palestine Securities Exchange's Altman Z-Score of 7.03 can be compared against companies in the Capital Markets industry. The industry median Altman Z-Score is 2.61. Palestine Securities Exchange's value of 7.03 is 169.3% above this benchmark. Historically, Palestine Securities Exchange's own Altman Z-Score has ranged from 7.03 to 27.11 over the past decade. While the company's 10-year median is 16.88 vs. the industry median of 2.61, Palestine Securities Exchange 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 Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.61, based on 663 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. Palestine Securities Exchange's current Altman Z-Score of 7.03 is 169.3% 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 Palestine Securities Exchange and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palestine Securities Exchange's current Altman Z-Score is 7.03, which is 58% below median its own 10-year median of 16.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palestine Securities Exchange stock overvalued right now?
Palestine Securities Exchange (XPAE:PSE) has a current Altman Z-Score of 7.03. The stock's GF Value™ is $2.90, compared to a current price of $2.35 — trading 19% below its estimated fair value. The current Altman Z-Score is 7.03, which is 58% below median its 10-year median of 16.88 and 169.3% above the Capital Markets industry median of 2.61. Palestine Securities Exchange's overall GF Score™ is 74/100 with 3 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 Palestine Securities Exchange (XPAE:PSE), the current Altman Z-Score is 7.03 as of Jul. 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 Palestine Securities Exchange (XPAE:PSE) Overvalued in 2026?
Based on GuruFocus' analysis, Palestine Securities Exchange stock appears to be undervalued.
The current stock price of $2.35 is trading 19% below its estimated GF Value™ of $2.90.
Key valuation signals for XPAE:PSE:
Altman Z-Score: 7.03 (58% below median its 10-year median of 16.88)
GF Value™: $2.90 vs. price of $2.35 (19% below fair value)
Industry Position: 169.3% above the Capital Markets median
No single metric tells the full story. See the XPAE:PSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Palestine Securities Exchange Business Description
Palestine Securities Exchange PLC operates as a regulated stock exchange to facilitate and maximize the flow of long-term investment capital into the Palestinian economy. It provides a fair, transparent, and efficient market for securities trading. The company focuses on attracting a range of regional investors including those among the Palestinian Diaspora. The company arises its revenues from security trading and transfer commission, membership of brokerage firms, registration fees for listed companies, and collateral commissions, interest income, dividend income, rental income and other income.
74GF Score
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