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Gandhi Special TubesBOM:513108 -0.22%85 Altman Z2-Score is 19.96 as of Jul. 20, 2026, which is 18% above its 10-year median of 16.95. GuruFocus rates BOM:513108 with a GF Score™ of 85/100 and a GF Value™ of ₹870.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,027 Industrial Products companies, Gandhi Special Tubes ranks better than 97.46% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Good Sign:
Gandhi Special Tubes has a Altman Z2-Score of 19.96, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for Gandhi Special Tubes's Altman Z2-Score or its related term are showing as below:
BOM:513108'
s Altman Z2-Score Range Over the Past 10 Years
Min: 15.42 Med: 16.95 Max: 20.05
Current: 17.02
During the past 13 years, Gandhi Special Tubes's highest Altman Z2-Score was 20.05. The lowest was 15.42. And the median was 16.95.
Gandhi Special Tubes (BOM:513108) Altman Z2-Score Explanation
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
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.
Altman Z2-Score does not apply to financial companies.
Gandhi Special Tubes Altman Z2-Score Related Terms
Gandhi Special Tubes Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for Gandhi Special Tubes's Altman Z2-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.
BOM:513108 vs CRS, ATI, MLI: Altman Z2-Score Comparison
For the Metal Fabrication subindustry, Gandhi Special Tubes's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.
Gandhi Special Tubes Altman Z2-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Gandhi Special Tubes's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Gandhi Special Tubes's Altman Z2-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.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
Gandhi Special Tubes's Altman Z2-Score for today is calculated with this formula:
Z
=
6.56
*
X1
+
3.26
*
X2
+
6.72
*
X3
+
1.05
*
X4_2
=
6.56
*
0.222
+
3.26
*
0.9012
+
6.72
*
0.2678
+
1.05
*
13.1066
=
19.96
* 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 Z2-Score when X4_2 value is 0.
Gandhi Special Tubes (BOM:513108) has a Altman Z2-Score of 19.96 as of Jul. 20, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Gandhi Special Tubes and its competitors. This is 18% above median its historical median of 16.95. Over the past decade, Gandhi Special Tubes' Altman Z2-Score has ranged from 15.42 to 20.05. According to the industry distribution chart, Gandhi Special Tubes ranks #77 out of 3027 companies in the Industrial Products industry, placing it in the top 2.5%.
Is Gandhi Special Tubes' Altman Z2-Score too high?
Gandhi Special Tubes' current Altman Z2-Score of 19.96 is 18% above median its 10-year median of 16.95. Over the past 10 years, this metric has ranged from a low of 15.42 to a high of 20.05. The Industrial Products industry median Altman Z2-Score is 4.28. Gandhi Special Tubes' value of 19.96 is 366.4% above this industry median. Based on the distribution chart, Gandhi Special Tubes ranks #77 out of 3027 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Gandhi Special Tubes has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gandhi Special Tubes' Altman Z2-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Gandhi Special Tubes ranks #77 out of 3027 companies for Altman Z2-Score. This places Gandhi Special Tubes in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.28. Gandhi Special Tubes' value of 19.96 is 366.4% above this benchmark. Historically, Gandhi Special Tubes' own Altman Z2-Score has ranged from 15.42 to 20.05 over the past decade. While the company's 10-year median is 16.95 vs. the industry median of 4.28, Gandhi Special Tubes 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 Z2-Score for an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.28, based on 3,027 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gandhi Special Tubes's current Altman Z2-Score of 19.96 is 366.4% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Gandhi Special Tubes and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gandhi Special Tubes's current Altman Z2-Score is 19.96, which is 18% above median its own 10-year median of 16.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gandhi Special Tubes stock overvalued right now?
Based on GuruFocus' analysis, Gandhi Special Tubes (BOM:513108) is currently considered Fairly Valued. The stock's GF Value™ is ₹870.58, compared to a current price of ₹865.95 — trading 0.5% below its estimated fair value. The current Altman Z2-Score is 19.96, which is 18% above median its 10-year median of 16.95 and 366.4% above the Industrial Products industry median of 4.28. Gandhi Special Tubes' overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Gandhi Special Tubes (BOM:513108), the current Altman Z2-Score is 19.96 as of Jul. 20, 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 Gandhi Special Tubes (BOM:513108) Overvalued in 2026?
Based on GuruFocus' analysis, Gandhi Special Tubes stock appears to be undervalued.
The current stock price of ₹865.95 is trading 0.5% below its estimated GF Value™ of ₹870.58.
GuruFocus considers Gandhi Special Tubes to be Fairly Valued.
Key valuation signals for BOM:513108:
Altman Z2-Score: 19.96 (18% above median its 10-year median of 16.95)
GF Value™: ₹870.58 vs. price of ₹865.95 (0.5% below fair value)
Industry Position: 366.4% above the Industrial Products median (#77 of 3027)
No single metric tells the full story. See the BOM:513108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gandhi Special Tubes Ltd manufactures and markets welded and seamless steel tubes of different sizes and specifications, and cold-formed coupling nuts. The company is involved in manufacturing automobile components, cold-formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products include Welded Tubes, Seamless Tubes, Wind Power, and Cold Formed Nuts. Products of the firm are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, refrigerator manufacturers, and other engineering industries. It also operates in the power sector through windmills installed in Maharashtra and Gujarat.
85GF Score
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