Digilogic Systems (BOM:544684) Altman Z2-Score: 7.79 (As of Aug. 11, 2026) — 90% Above Median

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BOM:544684 Digilogic Systems Ltd BOM:544684
21 GF Score
Price ₹188.35
! 6 Warning Signs
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What is Digilogic Systems Altman Z2-Score?

Digilogic Systems BOM:544684 +4.96% 21 Altman Z2-Score is 7.79 as of Aug. 11, 2026, which is 90% above its 10-year median of 4.11. GuruFocus rates BOM:544684 with a GF Score™ of 21/100. The stock has 6 warning signs investors should review. Among 342 Aerospace & Defense companies, Digilogic Systems ranks better than 86.55% 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:

Digilogic Systems has a Altman Z2-Score of 7.79, 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 Digilogic Systems's Altman Z2-Score or its related term are showing as below:

BOM:544684' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.78   Med: 4.11   Max: 7.79
Current: 7.79

During the past 4 years, Digilogic Systems's highest Altman Z2-Score was 7.79. The lowest was 2.78. And the median was 4.11.


Digilogic Systems  (BOM:544684) 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.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Digilogic Systems Altman Z2-Score Related Terms


Digilogic Systems Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Digilogic Systems'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.

Digilogic Systems Altman Z2-Score Chart

Digilogic Systems Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
2.78 3.41 4.81 7.79

Digilogic Systems Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Altman Z2-Score 2.78 3.41 4.81 0.00 7.79

BOM:544684 vs SPCX, GE, RTX: Altman Z2-Score Comparison

For the Aerospace & Defense subindustry, Digilogic Systems'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.


Digilogic Systems Altman Z2-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Digilogic Systems's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Digilogic Systems's Altman Z2-Score falls into.


BOM:544684
21GF Score
Digilogic Systems Ltd BOM:544684
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Digilogic Systems 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.

Digilogic Systems'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*0.4675+3.26*0+6.72*0.1109+1.05*3.7844
=7.79

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₹1,366.5 Mil.
Total Current Assets was ₹898.9 Mil.
Total Current Liabilities was ₹260.1 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹137.6 Mil.
Interest Expense was ₹-14.0 Mil.
Total Liabilities was ₹285.6 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(898.943 - 260.084)/1366.489
=0.4675

X2=Retained Earnings/Total Assets
=0/1366.489
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(137.572 - -14.003)/1366.489
=0.1109

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1080.874 - 0)/285.615
=3.7844

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Digilogic Systems has a Altman Z2-Score of 7.79 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.79 mean?
Digilogic Systems (BOM:544684) has a Altman Z2-Score of 7.79 as of Aug. 11, 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 Digilogic Systems and its competitors. This is 90% above median its historical median of 4.11. Over the past decade, Digilogic Systems' Altman Z2-Score has ranged from 2.78 to 7.79. According to the industry distribution chart, Digilogic Systems ranks #46 out of 342 companies in the Aerospace & Defense industry, placing it in the top 13.5%.
Is Digilogic Systems' Altman Z2-Score too high?
Digilogic Systems' current Altman Z2-Score of 7.79 is 90% above median its 10-year median of 4.11. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 7.79. The Aerospace & Defense industry median Altman Z2-Score is 3.21. Digilogic Systems' value of 7.79 is 142.7% above this industry median. Based on the distribution chart, Digilogic Systems ranks #46 out of 342 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Digilogic Systems has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Digilogic Systems' Altman Z2-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Digilogic Systems ranks #46 out of 342 companies for Altman Z2-Score. This places Digilogic Systems in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.21. Digilogic Systems' value of 7.79 is 142.7% above this benchmark. Historically, Digilogic Systems' own Altman Z2-Score has ranged from 2.78 to 7.79 over the past decade. While the company's 10-year median is 4.11 vs. the industry median of 3.21, Digilogic Systems 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 Aerospace & Defense company?
The median Altman Z2-Score among Aerospace & Defense companies is 3.21, based on 342 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. Digilogic Systems's current Altman Z2-Score of 7.79 is 142.7% 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 Digilogic Systems and its competitors. For the Aerospace & Defense industry, the median Altman Z2-Score is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digilogic Systems's current Altman Z2-Score is 7.79, which is 90% above median its own 10-year median of 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digilogic Systems stock overvalued right now?
Digilogic Systems (BOM:544684) has a current Altman Z2-Score of 7.79. The current Altman Z2-Score is 7.79, which is 90% above median its 10-year median of 4.11 and 142.7% above the Aerospace & Defense industry median of 3.21. Digilogic Systems' overall GF Score™ is 21/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Digilogic Systems (BOM:544684), the current Altman Z2-Score is 7.79 as of Aug. 11, 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.

Digilogic Systems Business Description

Address 102, 1st Floor, DSL Abacus Tech Park, Beside DSL Virtue Mall, Uppal Kalsa Village, Uppal Mandal, Rangareddy, TG, IND, 500039
Digilogic Systems Ltd is a technology-led company engaged in the design, development, manufacturing, assembling, integration, and support of test systems system software, and embedded signal processing solutions. The company's offerings are organised into three segments: (i) Test Systems, which include Automated Test Equipment, Checkout Systems, and Radar/EW Simulators; (ii) Application Software, comprising data acquisition platforms and IP cores; and (iii) Services, providing system integration, upgrades, and lifecycle support. The company specializes in developing Automatic Test Equipment, Simulators for systems spanning DC to 40GHz, and Data Acquisition & Control systems. It derives the majority of its revenue from the sale of products to the Defence and Aerospace sector.
21GF Score

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