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Zodiac EnergyBOM:543416 -0.78%82 Altman Z-Score is 2.34 as of Aug. 19, 2026, which is 31% below its 10-year median of 3.39. GuruFocus rates BOM:543416 with a GF Score™ of 82/100 and a GF Value™ of ₹651.63 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,014 Semiconductors companies, Zodiac Energy ranks worse than 73.08% 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 2.37 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.
Zodiac Energy has a Altman Z-Score of 2.34, indicating it is in Grey Zones. This implies that Zodiac Energy 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 Zodiac Energy's Altman Z-Score or its related term are showing as below:
BOM:543416'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.23 Med: 3.39 Max: 8.39
Current: 2.37
During the past 13 years, Zodiac Energy's highest Altman Z-Score was 8.39. The lowest was 2.23. And the median was 3.39.
Zodiac Energy (BOM:543416) 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.
Altman Z-Score does not apply to financial companies.
Zodiac Energy Altman Z-Score Related Terms
Zodiac Energy Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Zodiac Energy'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:543416 vs FSLR, NXT, ENPH: Altman Z-Score Comparison
For the Solar subindustry, Zodiac Energy'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.
Zodiac Energy Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Zodiac Energy's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Zodiac Energy'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.
Zodiac Energy'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
*
0.2017
+
1.4
*
0
+
3.3
*
0.1
+
0.6
*
1.0666
+
1.0
*
1.1266
=
2.34
* 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.
Zodiac Energy (BOM:543416) has a Altman Z-Score of 2.34 as of Aug. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Zodiac Energy and its competitors. This is 31% below median its historical median of 3.39. Over the past decade, Zodiac Energy's Altman Z-Score has ranged from 2.23 to 8.39. According to the industry distribution chart, Zodiac Energy ranks #741 out of 1014 companies in the Semiconductors industry, placing it in the top 73.1%.
Is Zodiac Energy's Altman Z-Score too high?
Zodiac Energy's current Altman Z-Score of 2.34 is 31% below median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 8.39. The Semiconductors industry median Altman Z-Score is 4.81. Zodiac Energy's value of 2.34 is 51.4% below this industry median. Based on the distribution chart, Zodiac Energy ranks #741 out of 1014 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Zodiac Energy has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zodiac Energy's Altman Z-Score compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Zodiac Energy ranks #741 out of 1014 companies for Altman Z-Score. This places Zodiac Energy in the lower half of its industry. The industry median Altman Z-Score is 4.81. Zodiac Energy's value of 2.34 is 51.4% below this benchmark. Historically, Zodiac Energy's own Altman Z-Score has ranged from 2.23 to 8.39 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 4.81, Zodiac Energy 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 4.81, based on 1,014 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. Zodiac Energy's current Altman Z-Score of 2.34 is 51.4% 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 Zodiac Energy and its competitors. For the Semiconductors industry, the median Altman Z-Score is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zodiac Energy's current Altman Z-Score is 2.34, which is 31% below median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zodiac Energy stock overvalued right now?
Based on GuruFocus' analysis, Zodiac Energy (BOM:543416) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹651.63, compared to a current price of ₹255.50 — trading 60.8% below its estimated fair value. The current Altman Z-Score is 2.34, which is 31% below median its 10-year median of 3.39 and 51.4% below the Semiconductors industry median of 4.81. Zodiac Energy's overall GF Score™ is 82/100 with 4 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 Zodiac Energy (BOM:543416), the current Altman Z-Score is 2.34 as of Aug. 19, 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 Zodiac Energy (BOM:543416) Overvalued in 2026?
Based on GuruFocus' analysis, Zodiac Energy stock appears to be undervalued.
The current stock price of ₹255.50 is trading 60.8% below its estimated GF Value™ of ₹651.63.
GuruFocus considers Zodiac Energy to be Significantly Undervalued.
Key valuation signals for BOM:543416:
Altman Z-Score: 2.34 (31% below median its 10-year median of 3.39)
GF Value™: ₹651.63 vs. price of ₹255.50 (60.8% below fair value)
Industry Position: 51.4% below the Semiconductors median (#741 of 1014)
No single metric tells the full story. See the BOM:543416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zodiac Energy Ltd operates as an energy solution provider in India. It is engaged in the design, supply, installation, testing, commissioning, operation, and maintenance of solar power equipment. The company's products and services offerings include grid-connected solar PV systems, rooftop solar PV systems, off-grid solar PV systems, solar pumping solutions, building integrated PV systems, etc., by utilising solar modules, inverters, controllers, and storage batteries. In addition, it is involved in operations and maintenance of ground mounted and rooftop solar assets. The company has recently forayed into the development of solar projects for the sale of electricity to distribution companies and corporate clients as an Independent Power Producer (IPP).
82GF Score
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