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Airport CityXTAE:ARPT +1.00%65 Altman Z-Score is 1.39 as of Aug. 18, 2026, which is at its 10-year median of 1.39. GuruFocus rates XTAE:ARPT with a GF Score™ of 65/100 and a GF Value™ of ₪67.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,730 Real Estate companies, Airport City ranks better than 53.18% 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 1.39 is in distress zone. This implies bankruptcy possibility in the next two years.
Airport City has a Altman Z-Score of 1.39, 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 Airport City's Altman Z-Score or its related term are showing as below:
XTAE:ARPT'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.89 Med: 1.39 Max: 1.74
Current: 1.39
During the past 13 years, Airport City's highest Altman Z-Score was 1.74. The lowest was 0.89. And the median was 1.39.
Airport City (XTAE:ARPT) 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.
Airport City Altman Z-Score Related Terms
Airport City Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Airport City'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.
XTAE:ARPT vs CBRE, BEKE, JLL: Altman Z-Score Comparison
For the Real Estate Services subindustry, Airport City'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.
Airport City Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Airport City's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Airport City'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.
Airport City'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
*
0.0774
+
1.4
*
0.4806
+
3.3
*
0.0634
+
0.6
*
0.5963
+
1.0
*
0.0584
=
1.39
* 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.
Airport City (XTAE:ARPT) has a Altman Z-Score of 1.39 as of Aug. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Airport City and its competitors. This is near median its historical median of 1.39. Over the past decade, Airport City's Altman Z-Score has ranged from 0.89 to 1.74. According to the industry distribution chart, Airport City ranks #810 out of 1730 companies in the Real Estate industry, placing it in the top 46.8%.
Is Airport City's Altman Z-Score too high?
Airport City's current Altman Z-Score of 1.39 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 1.74. The Real Estate industry median Altman Z-Score is 1.30. Airport City's value of 1.39 is 6.9% above this industry median. Based on the distribution chart, Airport City ranks #810 out of 1730 companies in the Real Estate industry, which is above the industry midpoint. Overall, Airport City has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airport City's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Airport City ranks #810 out of 1730 companies for Altman Z-Score. This puts Airport City in the upper half of its industry. The industry median Altman Z-Score is 1.30. Airport City's value of 1.39 is 6.9% above this benchmark. Historically, Airport City's own Altman Z-Score has ranged from 0.89 to 1.74 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.30, Airport City 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 1,730 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. Airport City's current Altman Z-Score of 1.39 is 6.9% 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 Airport City 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. Airport City's current Altman Z-Score is 1.39, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airport City stock overvalued right now?
Based on GuruFocus' analysis, Airport City (XTAE:ARPT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪67.71, compared to a current price of ₪50.50 — trading 25.4% below its estimated fair value. The current Altman Z-Score is 1.39, which is near median its 10-year median of 1.39 and 6.9% above the Real Estate industry median of 1.30. Airport City's overall GF Score™ is 65/100 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 Airport City (XTAE:ARPT), the current Altman Z-Score is 1.39 as of Aug. 18, 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 Airport City (XTAE:ARPT) Overvalued in 2026?
Based on GuruFocus' analysis, Airport City stock appears to be undervalued.
The current stock price of ₪50.50 is trading 25.4% below its estimated GF Value™ of ₪67.71.
GuruFocus considers Airport City to be Modestly Undervalued.
Key valuation signals for XTAE:ARPT:
Altman Z-Score: 1.39 (near median its 10-year median of 1.39)
GF Value™: ₪67.71 vs. price of ₪50.50 (25.4% below fair value)
Industry Position: 6.9% above the Real Estate median (#810 of 1730)
No single metric tells the full story. See the XTAE:ARPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airport City Ltd is an Israel-based company engaged in the real estate sector. The company is engaged in planning, developing, acquiring, managing, improving and realizing investments in the area of real estate in Israel and abroad.
65GF Score
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