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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 3.05 is strong.
El-Mor Electric Installation & Services (1986) has a Altman Z-Score of 3.11, 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.
El-Mor Electric Installation & Services (1986) (XTAE:ELMR) 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.
* 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.
El-Mor Electric Installation & Services (1986) Altman Z-Score Chart
El-Mor Electric Installation & Services (1986) Annual Data
XTAE:ELMR vs PWR, FIX, EME: Altman Z-Score Comparison
For the Engineering & Construction subindustry, El-Mor Electric Installation & Services (1986)'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.
El-Mor Electric Installation & Services (1986) Altman Z-Score vs Construction Industry
El-Mor Electric Installation & Services (1986) 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.
* 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.
El-Mor Electric Installation & Services (1986) (XTAE:ELMR) has a Altman Z-Score of 3.11 as of Aug. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on El-Mor Electric Installation & Services (1986) and its competitors. This is 11% above median its historical median of 2.80. Over the past decade, El-Mor Electric Installation & Services (1986)'s Altman Z-Score has ranged from 2.50 to 3.48. According to the industry distribution chart, El-Mor Electric Installation & Services (1986) ranks #609 out of 1753 companies in the Construction industry, placing it in the top 34.7%.
Is El-Mor Electric Installation & Services (1986)'s Altman Z-Score too high?
El-Mor Electric Installation & Services (1986)'s current Altman Z-Score of 3.11 is 11% above median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 3.48. The Construction industry median Altman Z-Score is 2.29. El-Mor Electric Installation & Services (1986)'s value of 3.11 is 35.8% above this industry median. Based on the distribution chart, El-Mor Electric Installation & Services (1986) ranks #609 out of 1753 companies in the Construction industry, which is above the industry midpoint. Overall, El-Mor Electric Installation & Services (1986) has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does El-Mor Electric Installation & Services (1986)'s Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, El-Mor Electric Installation & Services (1986) ranks #609 out of 1753 companies for Altman Z-Score. This puts El-Mor Electric Installation & Services (1986) in the upper half of its industry. The industry median Altman Z-Score is 2.29. El-Mor Electric Installation & Services (1986)'s value of 3.11 is 35.8% above this benchmark. Historically, El-Mor Electric Installation & Services (1986)'s own Altman Z-Score has ranged from 2.50 to 3.48 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 2.29, El-Mor Electric Installation & Services (1986) 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 Construction company?
The median Altman Z-Score among Construction companies is 2.29, based on 1,753 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. El-Mor Electric Installation & Services (1986)'s current Altman Z-Score of 3.11 is 35.8% 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 El-Mor Electric Installation & Services (1986) and its competitors. For the Construction industry, the median Altman Z-Score is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. El-Mor Electric Installation & Services (1986)'s current Altman Z-Score is 3.11, which is 11% above median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El-Mor Electric Installation & Services (1986) stock overvalued right now?
Based on GuruFocus' analysis, El-Mor Electric Installation & Services (1986) (XTAE:ELMR) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪18.24, compared to a current price of ₪29.32 — trading 60.7% above its estimated fair value. The current Altman Z-Score is 3.11, which is 11% above median its 10-year median of 2.80 and 35.8% above the Construction industry median of 2.29. El-Mor Electric Installation & Services (1986)'s overall GF Score™ is 85/100 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 El-Mor Electric Installation & Services (1986) (XTAE:ELMR), the current Altman Z-Score is 3.11 as of Aug. 02, 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 El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Overvalued in 2026?
Based on GuruFocus' analysis, El-Mor Electric Installation & Services (1986) stock appears to be overvalued.
The current stock price of ₪29.32 is trading 60.7% above its estimated GF Value™ of ₪18.24.
GuruFocus considers El-Mor Electric Installation & Services (1986) to be Significantly Overvalued.
Key valuation signals for XTAE:ELMR:
Altman Z-Score: 3.11 (11% above median its 10-year median of 2.80)
GF Value™: ₪18.24 vs. price of ₪29.32 (60.7% above fair value)
Industry Position: 35.8% above the Construction median (#609 of 1753)
No single metric tells the full story. See the XTAE:ELMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
El-Mor Electric Installation & Services (1986) Ltd builds electricity projects and deals in energy, infrastructure and communications sectors through subsidiaries.It has branches in Lod, Kfar Saba and Ashkelon. It has electricity and air-conditioning projects in a variety of fields such as power plants, renewable and solar energy, industry, telecom, high-tech, commercial and public buildings, military and defense facilities, electrical and telecom infrastructure, and street lighting.
85GF Score
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