Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Altman Z-Score: 1.50 (As of Jul. 22, 2026) — 25% Below Median

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XPAR:MLHIN Hoteliere et Immobiliere de Nice SA SHIN XPAR:MLHIN
68 GF Score
Price €290.00
GF Value €340.31
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Hoteliere et Immobiliere de Nice SHIN Altman Z-Score?

Hoteliere et Immobiliere de Nice SHIN XPAR:MLHIN 68 Altman Z-Score is 1.50 as of Jul. 22, 2026, which is 25% below its 10-year median of 1.99. GuruFocus rates XPAR:MLHIN with a GF Score™ of 68/100 and a GF Value™ of €340.31 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 837 Travel & Leisure companies, Hoteliere et Immobiliere de Nice SHIN ranks worse than 59.62% 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 1.5 is in distress zone. This implies bankruptcy possibility in the next two years.

Hoteliere et Immobiliere de Nice SHIN has a Altman Z-Score of 1.50, 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 Hoteliere et Immobiliere de Nice SHIN's Altman Z-Score or its related term are showing as below:

XPAR:MLHIN' s Altman Z-Score Range Over the Past 10 Years
Min: 0.76   Med: 1.99   Max: 4.39
Current: 1.5

During the past 9 years, Hoteliere et Immobiliere de Nice SHIN's highest Altman Z-Score was 4.39. The lowest was 0.76. And the median was 1.99.


Hoteliere et Immobiliere de Nice SHIN  (XPAR:MLHIN) 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.


Hoteliere et Immobiliere de Nice SHIN Altman Z-Score Related Terms


Hoteliere et Immobiliere de Nice SHIN Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hoteliere et Immobiliere de Nice SHIN'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.

Hoteliere et Immobiliere de Nice SHIN Altman Z-Score Chart

Hoteliere et Immobiliere de Nice SHIN Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 0.76 1.87 2.91 1.32 1.16

Hoteliere et Immobiliere de Nice SHIN Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 0.76 1.87 2.91 1.32 1.16

XPAR:MLHIN vs MAR, HLT, H: Altman Z-Score Comparison

For the Lodging subindustry, Hoteliere et Immobiliere de Nice SHIN'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.


Hoteliere et Immobiliere de Nice SHIN Altman Z-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hoteliere et Immobiliere de Nice SHIN's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Hoteliere et Immobiliere de Nice SHIN's Altman Z-Score falls into.


XPAR:MLHIN
68GF Score
Hoteliere et Immobiliere de Nice SA SHIN XPAR:MLHIN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoteliere et Immobiliere de Nice SHIN 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.

Hoteliere et Immobiliere de Nice SHIN'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*0.0368+1.4*-0.081+3.3*0.0273+0.6*1.886+1.0*0.3496
=1.50

* 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 €23.04 Mil.
Total Current Assets was €1.88 Mil.
Total Current Liabilities was €1.03 Mil.
Retained Earnings was €-1.87 Mil.
Pre-Tax Income was €0.28 Mil.
Interest Expense was €-0.35 Mil.
Revenue was €8.06 Mil.
Market Cap (Today) was €17.02 Mil.
Total Liabilities was €9.02 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
=(1.88 - 1.031)/23.041
=0.0368

X2=Retained Earnings/Total Assets
=-1.867/23.041
=-0.081

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.284 - -0.345)/23.041
=0.0273

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=17.017/9.023
=1.886

X5=Revenue/Total Assets
=8.055/23.041
=0.3496

The zones of discrimination were as such:

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

Hoteliere et Immobiliere de Nice SHIN has a Altman Z-Score of 1.50 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 1.50 mean?
Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) has a Altman Z-Score of 1.50 as of Jul. 22, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hoteliere et Immobiliere de Nice SHIN and its competitors. This is 25% below median its historical median of 1.99. Over the past decade, Hoteliere et Immobiliere de Nice SHIN's Altman Z-Score has ranged from 0.76 to 4.39. According to the industry distribution chart, Hoteliere et Immobiliere de Nice SHIN ranks #499 out of 837 companies in the Travel & Leisure industry, placing it in the top 59.6%.
Is Hoteliere et Immobiliere de Nice SHIN's Altman Z-Score too high?
Hoteliere et Immobiliere de Nice SHIN's current Altman Z-Score of 1.50 is 25% below median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 4.39. The Travel & Leisure industry median Altman Z-Score is 1.98. Hoteliere et Immobiliere de Nice SHIN's value of 1.50 is 24.2% below this industry median. Based on the distribution chart, Hoteliere et Immobiliere de Nice SHIN ranks #499 out of 837 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Hoteliere et Immobiliere de Nice SHIN has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoteliere et Immobiliere de Nice SHIN's Altman Z-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hoteliere et Immobiliere de Nice SHIN ranks #499 out of 837 companies for Altman Z-Score. This places Hoteliere et Immobiliere de Nice SHIN in the lower half of its industry. The industry median Altman Z-Score is 1.98. Hoteliere et Immobiliere de Nice SHIN's value of 1.50 is 24.2% below this benchmark. Historically, Hoteliere et Immobiliere de Nice SHIN's own Altman Z-Score has ranged from 0.76 to 4.39 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 1.98, Hoteliere et Immobiliere de Nice SHIN 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 1.98, based on 837 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. Hoteliere et Immobiliere de Nice SHIN's current Altman Z-Score of 1.50 is 24.2% 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 Hoteliere et Immobiliere de Nice SHIN and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoteliere et Immobiliere de Nice SHIN's current Altman Z-Score is 1.50, which is 25% below median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoteliere et Immobiliere de Nice SHIN stock overvalued right now?
Based on GuruFocus' analysis, Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) is currently considered Modestly Undervalued. The stock's GF Value™ is €340.31, compared to a current price of €290.00 — trading 14.8% below its estimated fair value. The current Altman Z-Score is 1.50, which is 25% below median its 10-year median of 1.99 and 24.2% below the Travel & Leisure industry median of 1.98. Hoteliere et Immobiliere de Nice SHIN's overall GF Score™ is 68/100 with 7 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 Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN), the current Altman Z-Score is 1.50 as of Jul. 22, 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 Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Overvalued in 2026?

Based on GuruFocus' analysis, Hoteliere et Immobiliere de Nice SHIN stock appears to be undervalued. The current stock price of €290.00 is trading 14.8% below its estimated GF Value™ of €340.31. GuruFocus considers Hoteliere et Immobiliere de Nice SHIN to be Modestly Undervalued.

Key valuation signals for XPAR:MLHIN:

  • Altman Z-Score: 1.50 (25% below median its 10-year median of 1.99)
  • GF Value™: €340.31 vs. price of €290.00 (14.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 24.2% below the Travel & Leisure median (#499 of 837)

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


Hoteliere et Immobiliere de Nice SHIN Business Description

Address 50 boulevard Victor Hugo, Nice, FRA, 06000
Hoteliere et Immobiliere de Nice SA SHIN operates in the hotel industry. It provides accommodation, spa services, conference rooms, gym, bar area, among others.
68GF Score

Get the complete analysis for XPAR:MLHIN

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

€290.00
Price
€340.31
GF Value