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Ahasolar TechnologiesBOM:543941 +2.81%76 Altman Z-Score is 7.60 as of Jul. 20, 2026, which is 5% above its 10-year median of 7.22. GuruFocus rates BOM:543941 with a GF Score™ of 76/100 and a GF Value™ of ₹357.06 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,767 Software companies, Ahasolar Technologies ranks better than 82.72% 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.
Good Sign:
Altman Z-score of 7.6 is strong.
Ahasolar Technologies has a Altman Z-Score of 7.60, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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 Ahasolar Technologies's Altman Z-Score or its related term are showing as below:
BOM:543941'
s Altman Z-Score Range Over the Past 10 Years
Min: 6.98 Med: 7.22 Max: 50.02
Current: 7.6
During the past 7 years, Ahasolar Technologies's highest Altman Z-Score was 50.02. The lowest was 6.98. And the median was 7.22.
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.
Ahasolar Technologies Altman Z-Score Related Terms
Ahasolar Technologies Altman Z-Score Historical Data
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The historical data trend for Ahasolar Technologies'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:543941 vs UBER, SHOP, CRM: Altman Z-Score Comparison
For the Software - Application subindustry, Ahasolar Technologies'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.
Ahasolar Technologies Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Ahasolar Technologies's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Ahasolar Technologies'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.
Ahasolar Technologies (BOM:543941) has a Altman Z-Score of 7.60 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ahasolar Technologies and its competitors. This is near median its historical median of 7.22. Over the past decade, Ahasolar Technologies' Altman Z-Score has ranged from 6.98 to 50.02. According to the industry distribution chart, Ahasolar Technologies ranks #478 out of 2767 companies in the Software industry, placing it in the top 17.3%.
Is Ahasolar Technologies' Altman Z-Score too high?
Ahasolar Technologies' current Altman Z-Score of 7.60 is near median its 10-year median of 7.22. Over the past 10 years, this metric has ranged from a low of 6.98 to a high of 50.02. The Software industry median Altman Z-Score is 3.11. Ahasolar Technologies' value of 7.60 is 144.4% above this industry median. Based on the distribution chart, Ahasolar Technologies ranks #478 out of 2767 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Ahasolar Technologies has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ahasolar Technologies' Altman Z-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Ahasolar Technologies ranks #478 out of 2767 companies for Altman Z-Score. This places Ahasolar Technologies in the top 17% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.11. Ahasolar Technologies' value of 7.60 is 144.4% above this benchmark. Historically, Ahasolar Technologies' own Altman Z-Score has ranged from 6.98 to 50.02 over the past decade. While the company's 10-year median is 7.22 vs. the industry median of 3.11, Ahasolar Technologies has consistently been above 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 Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,767 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. Ahasolar Technologies's current Altman Z-Score of 7.60 is 144.4% 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 Ahasolar Technologies and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ahasolar Technologies's current Altman Z-Score is 7.60, which is near median its own 10-year median of 7.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ahasolar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ahasolar Technologies (BOM:543941) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹357.06, compared to a current price of ₹82.33 — trading 76.9% below its estimated fair value. The current Altman Z-Score is 7.60, which is near median its 10-year median of 7.22 and 144.4% above the Software industry median of 3.11. Ahasolar Technologies' overall GF Score™ is 76/100 with 5 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 Ahasolar Technologies (BOM:543941), the current Altman Z-Score is 7.60 as of Jul. 20, 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 Ahasolar Technologies (BOM:543941) Overvalued in 2026?
Based on GuruFocus' analysis, Ahasolar Technologies stock appears to be undervalued.
The current stock price of ₹82.33 is trading 76.9% below its estimated GF Value™ of ₹357.06.
GuruFocus considers Ahasolar Technologies to be Significantly Undervalued.
Key valuation signals for BOM:543941:
Altman Z-Score: 7.60 (near median its 10-year median of 7.22)
GF Value™: ₹357.06 vs. price of ₹82.33 (76.9% below fair value)
Industry Position: 144.4% above the Software median (#478 of 2767)
No single metric tells the full story. See the BOM:543941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ahasolar Technologies Ltd is engaged in the business of Cleantech, enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry, and to cater to it, the company developed an AI-based intelligent Solar Digital Platform. The company has developed Software as a Service (SaaS) products for solar companies. These products streamline processes, design PV, manage projects, and monitor generation. In addition, the company offers an integrated Marketplace to connect supply and demand digitally. The core businesses of the company include Solar Software Services, Solar Marketplace, Development of Solar Power Plant, and Solar Advisory and Consultancy services.
76GF Score
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