Mozaffar Hossain Spinning Mills (DHA:MHSML) Altman Z-Score: 1.33 (As of Jul. 15, 2026) — 12% Above Median

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DHA:MHSML Mozaffar Hossain Spinning Mills Ltd DHA:MHSML
85 GF Score
Price BDT23.10
GF Value BDT16.48
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Mozaffar Hossain Spinning Mills Altman Z-Score?

Mozaffar Hossain Spinning Mills DHA:MHSML -1.70% 85 Altman Z-Score is 1.33 as of Jul. 15, 2026, which is 12% above its 10-year median of 1.19. GuruFocus rates DHA:MHSML with a GF Score™ of 85/100 and a GF Value™ of BDT16.48 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,029 Manufacturing - Apparel & Accessories companies, Mozaffar Hossain Spinning Mills ranks worse than 79.3% 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 1.34 is in distress zone. This implies bankruptcy possibility in the next two years.

Mozaffar Hossain Spinning Mills has a Altman Z-Score of 1.33, 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 Mozaffar Hossain Spinning Mills's Altman Z-Score or its related term are showing as below:

DHA:MHSML' s Altman Z-Score Range Over the Past 10 Years
Min: -0.12   Med: 1.19   Max: 7.46
Current: 1.34

During the past 13 years, Mozaffar Hossain Spinning Mills's highest Altman Z-Score was 7.46. The lowest was -0.12. And the median was 1.19.


Mozaffar Hossain Spinning Mills  (DHA:MHSML) 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.


Mozaffar Hossain Spinning Mills Altman Z-Score Related Terms


Mozaffar Hossain Spinning Mills Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mozaffar Hossain Spinning Mills'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.

Mozaffar Hossain Spinning Mills Altman Z-Score Chart

Mozaffar Hossain Spinning Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.35 1.19 1.19 1.12

Mozaffar Hossain Spinning Mills 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 1.19 1.12 1.19 1.16 1.26

Mozaffar Hossain Spinning Mills Altman Z-Score Competitor Comparison

For the Textile Manufacturing subindustry, Mozaffar Hossain Spinning Mills'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.


Mozaffar Hossain Spinning Mills Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mozaffar Hossain Spinning Mills's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Mozaffar Hossain Spinning Mills's Altman Z-Score falls into.


DHA:MHSML
85GF Score
Mozaffar Hossain Spinning Mills Ltd DHA:MHSML
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mozaffar Hossain Spinning Mills 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.

Mozaffar Hossain Spinning Mills'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*0.2023+1.4*0.0766+3.3*0.0826+0.6*0.4857+1.0*0.4179
=1.33

* 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 BDT6,916 Mil.
Total Current Assets was BDT3,742 Mil.
Total Current Liabilities was BDT2,343 Mil.
Retained Earnings was BDT530 Mil.
Pre-Tax Income was 44.099 + 39.459 + 31.575 + 11.075 = BDT126 Mil.
Interest Expense was -63.1 + -80.39 + -99.976 + -201.91 = BDT-445 Mil.
Revenue was 586.468 + 761.557 + 702.352 + 839.537 = BDT2,890 Mil.
Market Cap (Today) was BDT2,333 Mil.
Total Liabilities was BDT4,803 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
=(3741.806 - 2342.722)/6915.737
=0.2023

X2=Retained Earnings/Total Assets
=529.551/6915.737
=0.0766

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(126.208 - -445.376)/6915.737
=0.0826

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2332.947/4802.861
=0.4857

X5=Revenue/Total Assets
=2889.914/6915.737
=0.4179

The zones of discrimination were as such:

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

Mozaffar Hossain Spinning Mills has a Altman Z-Score of 1.33 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 1.33 mean?
Mozaffar Hossain Spinning Mills (DHA:MHSML) has a Altman Z-Score of 1.33 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mozaffar Hossain Spinning Mills and its competitors. This is 12% above median its historical median of 1.19. According to the industry distribution chart, Mozaffar Hossain Spinning Mills ranks #816 out of 1029 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 79.3%.
Is Mozaffar Hossain Spinning Mills' Altman Z-Score too high?
Mozaffar Hossain Spinning Mills' current Altman Z-Score of 1.33 is 12% above median its 10-year median of 1.19. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.49. Mozaffar Hossain Spinning Mills' value of 1.33 is 46.6% below this industry median. Based on the distribution chart, Mozaffar Hossain Spinning Mills ranks #816 out of 1029 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Mozaffar Hossain Spinning Mills has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mozaffar Hossain Spinning Mills' Altman Z-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mozaffar Hossain Spinning Mills ranks #816 out of 1029 companies for Altman Z-Score. This places Mozaffar Hossain Spinning Mills in the lower half of its industry. The industry median Altman Z-Score is 2.49. Mozaffar Hossain Spinning Mills' value of 1.33 is 46.6% below this benchmark. While the company's 10-year median is 1.19 vs. the industry median of 2.49, Mozaffar Hossain Spinning Mills 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.49, based on 1,029 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. Mozaffar Hossain Spinning Mills's current Altman Z-Score of 1.33 is 46.6% 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 Mozaffar Hossain Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mozaffar Hossain Spinning Mills's current Altman Z-Score is 1.33, which is 12% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mozaffar Hossain Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Mozaffar Hossain Spinning Mills (DHA:MHSML) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT16.48, compared to a current price of BDT23.10 — trading 40.2% above its estimated fair value. The current Altman Z-Score is 1.33, which is 12% above median its 10-year median of 1.19 and 46.6% below the Manufacturing - Apparel & Accessories industry median of 2.49. Mozaffar Hossain Spinning Mills' overall GF Score™ is 85/100 with 10 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 Mozaffar Hossain Spinning Mills (DHA:MHSML), the current Altman Z-Score is 1.33 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 Mozaffar Hossain Spinning Mills (DHA:MHSML) Overvalued in 2026?

Based on GuruFocus' analysis, Mozaffar Hossain Spinning Mills stock appears to be overvalued. The current stock price of BDT23.10 is trading 40.2% above its estimated GF Value™ of BDT16.48. GuruFocus considers Mozaffar Hossain Spinning Mills to be Significantly Overvalued.

Key valuation signals for DHA:MHSML:

  • Altman Z-Score: 1.33 (12% above median its 10-year median of 1.19)
  • GF Value™: BDT16.48 vs. price of BDT23.10 (40.2% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 46.6% below the Manufacturing - Apparel & Accessories median (#816 of 1029)

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


Mozaffar Hossain Spinning Mills Business Description

Address House No. 315, Road No. 04, DOHS, Baridhara, Dhaka, BGD, 1206
Mozaffar Hossain Spinning Mills Ltd is a manufacturer and seller of woven fabrics and cotton yarn. The products of the company are sold at the domestic market as deemed exporter and delivered to the export-oriented companies.
85GF Score

Get the complete analysis for DHA:MHSML

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

BDT23.10
Price
BDT16.48
GF Value