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What is Confidence Futuristic Energetech Altman Z-Score?
Confidence Futuristic EnergetechBOM:539991 -0.12%66 Altman Z-Score is 1.09 as of Aug. 10, 2026, which is 29% below its 10-year median of 1.54. GuruFocus rates BOM:539991 with a GF Score™ of 66/100 and a GF Value™ of ₹57.26 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 495 Utilities - Regulated companies, Confidence Futuristic Energetech ranks worse than 61.21% 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 1.09 is in distress zone. This implies bankruptcy possibility in the next two years.
Confidence Futuristic Energetech has a Altman Z-Score of 1.09, 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 Confidence Futuristic Energetech's Altman Z-Score or its related term are showing as below:
BOM:539991'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.44 Med: 1.54 Max: 3.08
Current: 1.09
During the past 13 years, Confidence Futuristic Energetech's highest Altman Z-Score was 3.08. The lowest was 0.44. And the median was 1.54.
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.
* 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:539991 vs ATO, NI, UGI: Altman Z-Score Comparison
For the Utilities - Regulated Gas subindustry, Confidence Futuristic Energetech'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.
Confidence Futuristic Energetech Altman Z-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Confidence Futuristic Energetech's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Confidence Futuristic Energetech'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.
* 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.
Confidence Futuristic Energetech (BOM:539991) has a Altman Z-Score of 1.09 as of Aug. 10, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Confidence Futuristic Energetech and its competitors. This is 29% below median its historical median of 1.54. Over the past decade, Confidence Futuristic Energetech's Altman Z-Score has ranged from 0.44 to 3.08. According to the industry distribution chart, Confidence Futuristic Energetech ranks #303 out of 495 companies in the Utilities - Regulated industry, placing it in the top 61.2%.
Is Confidence Futuristic Energetech's Altman Z-Score too high?
Confidence Futuristic Energetech's current Altman Z-Score of 1.09 is 29% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 3.08. The Utilities - Regulated industry median Altman Z-Score is 1.28. Confidence Futuristic Energetech's value of 1.09 is 14.8% below this industry median. Based on the distribution chart, Confidence Futuristic Energetech ranks #303 out of 495 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Confidence Futuristic Energetech has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Confidence Futuristic Energetech's Altman Z-Score compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Confidence Futuristic Energetech ranks #303 out of 495 companies for Altman Z-Score. This places Confidence Futuristic Energetech in the lower half of its industry. The industry median Altman Z-Score is 1.28. Confidence Futuristic Energetech's value of 1.09 is 14.8% below this benchmark. Historically, Confidence Futuristic Energetech's own Altman Z-Score has ranged from 0.44 to 3.08 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.28, Confidence Futuristic Energetech 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 an Utilities - Regulated company?
The median Altman Z-Score among Utilities - Regulated companies is 1.28, based on 495 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. Confidence Futuristic Energetech's current Altman Z-Score of 1.09 is 14.8% 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 Confidence Futuristic Energetech and its competitors. For the Utilities - Regulated industry, the median Altman Z-Score is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Confidence Futuristic Energetech's current Altman Z-Score is 1.09, which is 29% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Futuristic Energetech stock overvalued right now?
Based on GuruFocus' analysis, Confidence Futuristic Energetech (BOM:539991) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.26, compared to a current price of ₹34.05 — trading 40.5% below its estimated fair value. The current Altman Z-Score is 1.09, which is 29% below median its 10-year median of 1.54 and 14.8% below the Utilities - Regulated industry median of 1.28. Confidence Futuristic Energetech's overall GF Score™ is 66/100 with 9 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 Confidence Futuristic Energetech (BOM:539991), the current Altman Z-Score is 1.09 as of Aug. 10, 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 Confidence Futuristic Energetech (BOM:539991) Overvalued in 2026?
Based on GuruFocus' analysis, Confidence Futuristic Energetech stock appears to be undervalued.
The current stock price of ₹34.05 is trading 40.5% below its estimated GF Value™ of ₹57.26.
GuruFocus considers Confidence Futuristic Energetech to be Possible Value Trap.
Key valuation signals for BOM:539991:
Altman Z-Score: 1.09 (29% below median its 10-year median of 1.54)
GF Value™: ₹57.26 vs. price of ₹34.05 (40.5% below fair value)
Industry Position: 14.8% below the Utilities - Regulated median (#303 of 495)
No single metric tells the full story. See the BOM:539991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Confidence Futuristic Energetech Ltd, along with its subsidiary entities, is actively engaged in the manufacturing and supply of high-pressure CNG cylinders, LPG cylinders, CNG cascades, medical oxygen cylinders, and seamless steel gas cylinders for industrial gases. It offers a wide range of onboard CNG cylinder sizes at competitive prices, making CNG a more affordable and accessible option for consumers transitioning to cleaner fuel alternatives. The company is involved in the Parallel LPG Market by the name of Pack Cylinder Division with GO GAS ELITE as its brand, and is into selling LPG to both domestic and commercial users at competitive rates. Its operating segments are: Cylinder Division, which generates the maximum revenue, and LPG Division.
66GF Score
Get the complete analysis for BOM:539991
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