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 3.44 is strong.
Zona Franca de Iquique has a Altman Z-Score of 3.44, 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 Zona Franca de Iquique's Altman Z-Score or its related term are showing as below:
XSGO:ZOFRI'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.65 Med: 2.44 Max: 3.83
Current: 3.44
During the past 13 years, Zona Franca de Iquique's highest Altman Z-Score was 3.83. The lowest was 1.65. And the median was 2.44.
Zona Franca de Iquique (XSGO:ZOFRI) 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.
Zona Franca de Iquique Altman Z-Score Related Terms
Zona Franca de Iquique Altman Z-Score Historical Data
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The historical data trend for Zona Franca de Iquique'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.
XSGO:ZOFRI vs CBRE, BEKE, JLL: Altman Z-Score Comparison
For the Real Estate Services subindustry, Zona Franca de Iquique'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.
Zona Franca de Iquique Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Zona Franca de Iquique's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Zona Franca de Iquique'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.
Zona Franca de Iquique (XSGO:ZOFRI) has a Altman Z-Score of 3.44 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Zona Franca de Iquique and its competitors. This is 41% above median its historical median of 2.44. Over the past decade, Zona Franca de Iquique's Altman Z-Score has ranged from 1.65 to 3.83. According to the industry distribution chart, Zona Franca de Iquique ranks #255 out of 1729 companies in the Real Estate industry, placing it in the top 14.7%.
Is Zona Franca de Iquique's Altman Z-Score too high?
Zona Franca de Iquique's current Altman Z-Score of 3.44 is 41% above median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 3.83. The Real Estate industry median Altman Z-Score is 1.30. Zona Franca de Iquique's value of 3.44 is 164.6% above this industry median. Based on the distribution chart, Zona Franca de Iquique ranks #255 out of 1729 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Zona Franca de Iquique has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zona Franca de Iquique's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Zona Franca de Iquique ranks #255 out of 1729 companies for Altman Z-Score. This places Zona Franca de Iquique in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.30. Zona Franca de Iquique's value of 3.44 is 164.6% above this benchmark. Historically, Zona Franca de Iquique's own Altman Z-Score has ranged from 1.65 to 3.83 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 1.30, Zona Franca de Iquique 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.30, based on 1,729 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. Zona Franca de Iquique's current Altman Z-Score of 3.44 is 164.6% 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 Zona Franca de Iquique and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zona Franca de Iquique's current Altman Z-Score is 3.44, which is 41% above median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zona Franca de Iquique stock overvalued right now?
Based on GuruFocus' analysis, Zona Franca de Iquique (XSGO:ZOFRI) is currently considered Fairly Valued. The stock's GF Value™ is CLP943.83, compared to a current price of CLP990.00 — trading 4.9% above its estimated fair value. The current Altman Z-Score is 3.44, which is 41% above median its 10-year median of 2.44 and 164.6% above the Real Estate industry median of 1.30. Zona Franca de Iquique's overall GF Score™ is 89/100 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 Zona Franca de Iquique (XSGO:ZOFRI), the current Altman Z-Score is 3.44 as of Jul. 04, 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 Zona Franca de Iquique (XSGO:ZOFRI) Overvalued in 2026?
Based on GuruFocus' analysis, Zona Franca de Iquique stock appears to be overvalued.
The current stock price of CLP990.00 is trading 4.9% above its estimated GF Value™ of CLP943.83.
GuruFocus considers Zona Franca de Iquique to be Fairly Valued.
Key valuation signals for XSGO:ZOFRI:
Altman Z-Score: 3.44 (41% above median its 10-year median of 2.44)
GF Value™: CLP943.83 vs. price of CLP990.00 (4.9% above fair value)
Industry Position: 164.6% above the Real Estate median (#255 of 1729)
No single metric tells the full story. See the XSGO:ZOFRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zona Franca de Iquique SA operates in the nonresidential building operators sector. Its business includes the administration and exploitation of the Free Trade Zone of Iquique. The company offers the required infrastructure for companies to store, commercialize, and distribute their products in the markets. Its activities are divided into four business units which include Real Estate Management, Shopping Mall, Logistics Center, and Chacalluta Industrial Park. Maximum income for the company is derived from its Real Estate Management business unit which focuses on leasing land for the construction of warehouses and showrooms, both in the area of the Wholesale Sales Business Center (Walled Enclosure) and in the Industrial Business Center (Industrial District).
89GF Score
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