Vertis Infrastructure Trust (NSE:VERTIS) Altman Z2-Score: 0.69 (As of Jun. 29, 2026)


NSE:VERTIS Vertis Infrastructure Trust NSE:VERTIS
33 GF Score
Price ₹102.00
! 6 Warning Signs
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What is Vertis Infrastructure Trust Altman Z2-Score?

Vertis Infrastructure Trust NSE:VERTIS 33 Altman Z2-Score is 0.69 as of Jun. 29, 2026. GuruFocus rates NSE:VERTIS with a GF Score™ of 33/100. The stock has 6 warning signs investors should review.

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.

Warning Sign:

Vertis Infrastructure Trust has a Altman Z2-Score of 0.69, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Vertis Infrastructure Trust's Altman Z2-Score or its related term are showing as below:

During the past 6 years, Vertis Infrastructure Trust's highest Altman Z2-Score was 0.66. The lowest was -4.26. And the median was -0.02.


Vertis Infrastructure Trust  (NSE:VERTIS) 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.


Vertis Infrastructure Trust Altman Z2-Score Related Terms


Vertis Infrastructure Trust Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Vertis Infrastructure Trust'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.

Vertis Infrastructure Trust Altman Z2-Score Chart

Vertis Infrastructure Trust Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z2-Score
Get a 7-Day Free Trial 0.00 0.00 -4.26 -0.43 0.40

Vertis Infrastructure Trust Quarterly Data
Mar20 Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.40 0.00 0.66 0.00

NSE:VERTIS vs AMT, EQIX, DLR: Altman Z2-Score Comparison

For the REIT - Specialty subindustry, Vertis Infrastructure Trust'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.


Vertis Infrastructure Trust Altman Z2-Score vs REITs Industry

For the REITs industry and Real Estate sector, Vertis Infrastructure Trust's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Vertis Infrastructure Trust's Altman Z2-Score falls into.


NSE:VERTIS
33GF Score
Vertis Infrastructure Trust NSE:VERTIS
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Vertis Infrastructure Trust 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.

Vertis Infrastructure Trust'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*0.0725+3.26*-0.2444+6.72*0.0678+1.05*0.5336
=0.69

* 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 Dec. 2025:
Total Assets was ₹204,924 Mil.
Total Current Assets was ₹33,441 Mil.
Total Current Liabilities was ₹18,583 Mil.
Retained Earnings was ₹-50,090 Mil.
Pre-Tax Income was 1245.48 + 1716.11 + 1461.64 + 1761.97 = ₹6,185 Mil.
Interest Expense was -2129.97 + -2244.31 + -2229.4 + -1111.57 = ₹-7,715 Mil.
Total Liabilities was ₹131,231 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
=(33440.98 - 18583.24)/204923.62
=0.0725

X2=Retained Earnings/Total Assets
=-50090.42/204923.62
=-0.2444

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(6185.2 - -7715.25)/204923.62
=0.0678

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(70020.64 - 0)/131230.75
=0.5336

The zones of discrimination were as such:

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

Vertis Infrastructure Trust has a Altman Z2-Score of 0.69 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.69 mean?
Vertis Infrastructure Trust (NSE:VERTIS) has a Altman Z2-Score of 0.69 as of Jun. 29, 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 Vertis Infrastructure Trust and its competitors.
Is Vertis Infrastructure Trust's Altman Z2-Score too high?
Vertis Infrastructure Trust's current Altman Z2-Score is 0.69. The REITs industry median Altman Z2-Score is 1.77. Vertis Infrastructure Trust's value of 0.69 is 61% below this industry median. Overall, Vertis Infrastructure Trust has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Vertis Infrastructure Trust's Altman Z2-Score compare to AMT and EQIX?
Vertis Infrastructure Trust's Altman Z2-Score of 0.69 can be compared against companies in the REITs industry. The industry median Altman Z2-Score is 1.77. Vertis Infrastructure Trust's value of 0.69 is 61% below this benchmark. 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 REITs company?
The median Altman Z2-Score among REITs companies is 1.77, based on 743 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. Vertis Infrastructure Trust's current Altman Z2-Score of 0.69 is 61% below 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 Vertis Infrastructure Trust and its competitors. For the REITs industry, the median Altman Z2-Score is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vertis Infrastructure Trust's current Altman Z2-Score is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertis Infrastructure Trust stock overvalued right now?
Vertis Infrastructure Trust (NSE:VERTIS) has a current Altman Z2-Score of 0.69. The current Altman Z2-Score is 0.69 and 61% below the REITs industry median of 1.77. Vertis Infrastructure Trust's overall GF Score™ is 33/100 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 Vertis Infrastructure Trust (NSE:VERTIS), the current Altman Z2-Score is 0.69 as of Jun. 29, 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.

Vertis Infrastructure Trust Business Description

Industry Real EstateREITs
Address Off CST Road, Unit No. 601-602, 6th Floor, Windsor House, Kalina, Santacruz East, Vidyanagari, Mumbai, MH, IND, 400098
Vertis Infrastructure Trust formerly, Highways Infrastructure Trust is an infrastructure investment trust (InvIT). The objectives of the Trust are to undertake activities as an infrastructure investment trust in accordance with the provisions of the SEBI Regulations and the Trust Deed. The principal activity of the Trust is to own and invest in the road sector in India. All the road projects are implemented and held through special purpose vehicles.
33GF Score

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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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