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Shreenath Paper ProductsBOM:544372 11 Altman Z2-Score is 5.30 as of Aug. 03, 2026, which is 46% above its 10-year median of 3.62. GuruFocus rates BOM:544372 with a GF Score™ of 11/100. The stock has 8 warning signs investors should review. Among 275 Forest Products companies, Shreenath Paper Products ranks better than 74.55% 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:
Shreenath Paper Products has a Altman Z2-Score of 5.30, 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 Shreenath Paper Products's Altman Z2-Score or its related term are showing as below:
BOM:544372'
s Altman Z2-Score Range Over the Past 10 Years
Min: 3.02 Med: 3.62 Max: 5.39
Current: 5.3
During the past 5 years, Shreenath Paper Products's highest Altman Z2-Score was 5.39. The lowest was 3.02. And the median was 3.62.
Shreenath Paper Products (BOM:544372) 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.
* 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.
Shreenath Paper Products Altman Z2-Score Competitor Comparison
For the Paper & Paper Products subindustry, Shreenath Paper Products'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.
Shreenath Paper Products Altman Z2-Score vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Shreenath Paper Products's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Shreenath Paper Products's Altman Z2-Score falls into.
Shreenath Paper Products Altman Z2-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.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
* 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.
Shreenath Paper Products (BOM:544372) has a Altman Z2-Score of 5.30 as of Aug. 03, 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 Shreenath Paper Products and its competitors. This is 46% above median its historical median of 3.62. Over the past decade, Shreenath Paper Products' Altman Z2-Score has ranged from 3.02 to 5.39. According to the industry distribution chart, Shreenath Paper Products ranks #70 out of 275 companies in the Forest Products industry, placing it in the top 25.5%.
Is Shreenath Paper Products' Altman Z2-Score too high?
Shreenath Paper Products' current Altman Z2-Score of 5.30 is 46% above median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 5.39. The Forest Products industry median Altman Z2-Score is 2.73. Shreenath Paper Products' value of 5.30 is 94.1% above this industry median. Based on the distribution chart, Shreenath Paper Products ranks #70 out of 275 companies in the Forest Products industry, which is above the industry midpoint. Overall, Shreenath Paper Products has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Shreenath Paper Products' Altman Z2-Score compare to competitors?
According to the Forest Products industry distribution chart, Shreenath Paper Products ranks #70 out of 275 companies for Altman Z2-Score. This puts Shreenath Paper Products in the upper half of its industry. The industry median Altman Z2-Score is 2.73. Shreenath Paper Products' value of 5.30 is 94.1% above this benchmark. Historically, Shreenath Paper Products' own Altman Z2-Score has ranged from 3.02 to 5.39 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 2.73, Shreenath Paper Products 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 a Forest Products company?
The median Altman Z2-Score among Forest Products companies is 2.73, based on 275 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. Shreenath Paper Products's current Altman Z2-Score of 5.30 is 94.1% 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 Shreenath Paper Products and its competitors. For the Forest Products industry, the median Altman Z2-Score is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shreenath Paper Products's current Altman Z2-Score is 5.30, which is 46% above median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shreenath Paper Products stock overvalued right now?
Shreenath Paper Products (BOM:544372) has a current Altman Z2-Score of 5.30. The current Altman Z2-Score is 5.30, which is 46% above median its 10-year median of 3.62 and 94.1% above the Forest Products industry median of 2.73. Shreenath Paper Products' overall GF Score™ is 11/100 with 8 warning signs 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 Shreenath Paper Products (BOM:544372), the current Altman Z2-Score is 5.30 as of Aug. 03, 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.
Shreenath Paper Products Ltd is engaged in the business of importer, exporter, stockiest, agents, brokers, retailers of all kind of paper including writing, printing, rapping and tissues, newsprint paper for packaging including corrugated and craft papers, synthetic papers, all kinds of boards including paper and straw board and all kind of pulp whether chemical and mechanical including dissolving paper pulp used in paper industry. Its products include Coated Paper & Board, Coating Base, Speciality Paper, Creamwove Paper, Self Adhesive Paper, Hi-Bright Maplitho, Copier Paper, Industrial Paper, and Medical Grade Insert Paper.
11GF Score
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