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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 2.77 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Sejal Glass has a Altman Z-Score of 2.73, indicating it is in Grey Zones. This implies that Sejal Glass is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Sejal Glass's Altman Z-Score or its related term are showing as below:
BOM:532993'
s Altman Z-Score Range Over the Past 10 Years
Min: -16.33 Med: -4.26 Max: 9.09
Current: 2.77
During the past 13 years, Sejal Glass's highest Altman Z-Score was 9.09. The lowest was -16.33. And the median was -4.26.
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.
Altman Z-Score does not apply to financial companies.
Sejal Glass Altman Z-Score Related Terms
Sejal Glass Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Sejal Glass'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.
BOM:532993 vs TT, JCI, CARR: Altman Z-Score Comparison
For the Building Products & Equipment subindustry, Sejal Glass'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.
Sejal Glass Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, Sejal Glass's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sejal Glass's Altman Z-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.
Sejal Glass'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
*
0.1304
+
1.4
*
-0.1272
+
3.3
*
0.1122
+
0.6
*
2.5655
+
1.0
*
0.8427
=
2.73
* 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.
Sejal Glass (BOM:532993) has a Altman Z-Score of 2.73 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sejal Glass and its competitors. According to the industry distribution chart, Sejal Glass ranks #704 out of 1755 companies in the Construction industry, placing it in the top 40.1%.
Is Sejal Glass' Altman Z-Score too high?
Sejal Glass' current Altman Z-Score is 2.73. The Construction industry median Altman Z-Score is 2.33. Sejal Glass' value of 2.73 is 17.2% above this industry median. Based on the distribution chart, Sejal Glass ranks #704 out of 1755 companies in the Construction industry, which is above the industry midpoint. Overall, Sejal Glass has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sejal Glass' Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, Sejal Glass ranks #704 out of 1755 companies for Altman Z-Score. This puts Sejal Glass in the upper half of its industry. The industry median Altman Z-Score is 2.33. Sejal Glass' value of 2.73 is 17.2% above 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 Z-Score for a Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,755 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. Sejal Glass's current Altman Z-Score of 2.73 is 17.2% 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 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 Sejal Glass and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sejal Glass's current Altman Z-Score is 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sejal Glass stock overvalued right now?
Based on GuruFocus' analysis, Sejal Glass (BOM:532993) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,017.75, compared to a current price of ₹716.55 — trading 29.6% below its estimated fair value. The current Altman Z-Score is 2.73 and 17.2% above the Construction industry median of 2.33. Sejal Glass' overall GF Score™ is 68/100 with 3 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 Sejal Glass (BOM:532993), the current Altman Z-Score is 2.73 as of Jul. 15, 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 Sejal Glass (BOM:532993) Overvalued in 2026?
Based on GuruFocus' analysis, Sejal Glass stock appears to be undervalued.
The current stock price of ₹716.55 is trading 29.6% below its estimated GF Value™ of ₹1,017.75.
GuruFocus considers Sejal Glass to be Significantly Undervalued.
Key valuation signals for BOM:532993:
Altman Z-Score: 2.73
GF Value™: ₹1,017.75 vs. price of ₹716.55 (29.6% below fair value)
Industry Position: 17.2% above the Construction median (#704 of 1755)
No single metric tells the full story. See the BOM:532993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sejal Glass Ltd is engaged in the business of manufacturing and processing architectural glass and glass-related products. The product portfolio includes solid glass, kool glass, tone glass, fort glass, armor glass, decor glass, and other products. The Company has only one primary segment, which is in the Glass Processing Business. Product-wise, the company generates the majority of its revenue from Insulating Glass sales.
68GF Score
Get the complete analysis for BOM:532993
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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