Crimson Metal Engineering Co (BOM:526977) Altman Z-Score: 0.53 (As of Jul. 24, 2026) — 10% Below Median

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BOM:526977 Crimson Metal Engineering Co Ltd BOM:526977
39 GF Score
Price ₹45.87
GF Value ₹14.37
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Crimson Metal Engineering Co Altman Z-Score?

Crimson Metal Engineering Co BOM:526977 39 Altman Z-Score is 0.53 as of Jul. 24, 2026, which is 10% below its 10-year median of 0.59. GuruFocus rates BOM:526977 with a GF Score™ of 39/100 and a GF Value™ of ₹14.37 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 609 Steel companies, Crimson Metal Engineering Co ranks worse than 91.3% on this metric.

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.

Warning Sign:

Altman Z-score of 0.53 is in distress zone. This implies bankruptcy possibility in the next two years.

Crimson Metal Engineering Co has a Altman Z-Score of 0.53, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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.

The historical rank and industry rank for Crimson Metal Engineering Co's Altman Z-Score or its related term are showing as below:

BOM:526977' s Altman Z-Score Range Over the Past 10 Years
Min: 0.22   Med: 0.59   Max: 2.7
Current: 0.53

During the past 13 years, Crimson Metal Engineering Co's highest Altman Z-Score was 2.70. The lowest was 0.22. And the median was 0.59.


Crimson Metal Engineering Co  (BOM:526977) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Crimson Metal Engineering Co Altman Z-Score Related Terms


Crimson Metal Engineering Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Crimson Metal Engineering Co's Altman Z-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.

Crimson Metal Engineering Co Altman Z-Score Chart

Crimson Metal Engineering Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.48 0.22 0.35 0.57

Crimson Metal Engineering Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.28 0.49 0.50 0.57

BOM:526977 vs NUE, STLD, RS: Altman Z-Score Comparison

For the Steel subindustry, Crimson Metal Engineering Co'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.


Crimson Metal Engineering Co Altman Z-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Crimson Metal Engineering Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Crimson Metal Engineering Co's Altman Z-Score falls into.


BOM:526977
39GF Score
Crimson Metal Engineering Co Ltd BOM:526977
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Crimson Metal Engineering Co 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.

Crimson Metal Engineering Co's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*-0.2738+1.4*0+3.3*0.0678+0.6*0.6819+1.0*0.223
=0.53

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₹355.21 Mil.
Total Current Assets was ₹73.96 Mil.
Total Current Liabilities was ₹171.20 Mil.
Retained Earnings was ₹0.00 Mil.
Pre-Tax Income was 0.368 + 0.563 + 0.618 + 0.299 = ₹1.85 Mil.
Interest Expense was -6.276 + -5.1 + -4.419 + -6.431 = ₹-22.23 Mil.
Revenue was 18.79 + 18.477 + 21.681 + 20.265 = ₹79.21 Mil.
Market Cap (Today) was ₹203.12 Mil.
Total Liabilities was ₹297.86 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
=(73.956 - 171.198)/355.206
=-0.2738

X2=Retained Earnings/Total Assets
=0/355.206
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.848 - -22.226)/355.206
=0.0678

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=203.122/297.858
=0.6819

X5=Revenue/Total Assets
=79.213/355.206
=0.223

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Crimson Metal Engineering Co has a Altman Z-Score of 0.53 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 0.53 mean?
Crimson Metal Engineering Co (BOM:526977) has a Altman Z-Score of 0.53 as of Jul. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Crimson Metal Engineering Co and its competitors. This is 10% below median its historical median of 0.59. Over the past decade, Crimson Metal Engineering Co's Altman Z-Score has ranged from 0.22 to 2.70. According to the industry distribution chart, Crimson Metal Engineering Co ranks #556 out of 609 companies in the Steel industry, placing it in the top 91.3%.
Is Crimson Metal Engineering Co's Altman Z-Score too high?
Crimson Metal Engineering Co's current Altman Z-Score of 0.53 is 10% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.70. The Steel industry median Altman Z-Score is 2.46. Crimson Metal Engineering Co's value of 0.53 is 78.5% below this industry median. Based on the distribution chart, Crimson Metal Engineering Co ranks #556 out of 609 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Crimson Metal Engineering Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Crimson Metal Engineering Co's Altman Z-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Crimson Metal Engineering Co ranks #556 out of 609 companies for Altman Z-Score. This places Crimson Metal Engineering Co in the lower half of its industry. The industry median Altman Z-Score is 2.46. Crimson Metal Engineering Co's value of 0.53 is 78.5% below this benchmark. Historically, Crimson Metal Engineering Co's own Altman Z-Score has ranged from 0.22 to 2.70 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 2.46, Crimson Metal Engineering Co has consistently been below 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 Steel company?
The median Altman Z-Score among Steel companies is 2.46, based on 609 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. Crimson Metal Engineering Co's current Altman Z-Score of 0.53 is 78.5% 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 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 Crimson Metal Engineering Co and its competitors. For the Steel industry, the median Altman Z-Score is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crimson Metal Engineering Co's current Altman Z-Score is 0.53, which is 10% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crimson Metal Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Crimson Metal Engineering Co (BOM:526977) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹14.37, compared to a current price of ₹45.87 — trading 219.2% above its estimated fair value. The current Altman Z-Score is 0.53, which is 10% below median its 10-year median of 0.59 and 78.5% below the Steel industry median of 2.46. Crimson Metal Engineering Co's overall GF Score™ is 39/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Crimson Metal Engineering Co (BOM:526977), the current Altman Z-Score is 0.53 as of Jul. 24, 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 Crimson Metal Engineering Co (BOM:526977) Overvalued in 2026?

Based on GuruFocus' analysis, Crimson Metal Engineering Co stock appears to be overvalued. The current stock price of ₹45.87 is trading 219.2% above its estimated GF Value™ of ₹14.37. GuruFocus considers Crimson Metal Engineering Co to be Significantly Overvalued.

Key valuation signals for BOM:526977:

  • Altman Z-Score: 0.53 (10% below median its 10-year median of 0.59)
  • GF Value™: ₹14.37 vs. price of ₹45.87 (219.2% above fair value)
  • GF Score™: 39/100 with 8 warning signs
  • Industry Position: 78.5% below the Steel median (#556 of 609)

No single metric tells the full story. See the BOM:526977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crimson Metal Engineering Co Business Description

Address Prakasam Road Broadway, 163/1, 2nd Floor, K. Sons Complex, Broadway, Chennai, TN, IND, 600108
Crimson Metal Engineering Co Ltd is engaged in the manufacturing and selling of a reputed brand of Black pipe (ERW Pipe) and G.I. Pipe. The company manufactures pipes like M.S. black pipes, G.L. pipes, G.P. pipes, and Square and rectangle pipes. These pipes are used in many industries such as scaffolding, tower, agriculture, bus, construction, automobile, fabricated, fencing, irrigation overhead, railways, and engineering industries.
39GF Score

Get the complete analysis for BOM:526977

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

₹45.87
Price
₹14.37
GF Value