Industries Qatar QSCDSMD:IQCD -2.00%84 Altman Z-Score is 11.77 as of Jul. 11, 2026, which is 48% below its 10-year median of 22.60. GuruFocus rates DSMD:IQCD with a GF Score™ of 84/100 and a GF Value™ of ر.ق14.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 247 Agriculture companies, Industries Qatar QSC ranks better than 95.95% 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 12.01 is strong.
Industries Qatar QSC has a Altman Z-Score of 11.77, 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 Industries Qatar QSC's Altman Z-Score or its related term are showing as below:
DSMD:IQCD'
s Altman Z-Score Range Over the Past 10 Years
Min: 11.63 Med: 22.6 Max: 50.39
Current: 12.01
During the past 13 years, Industries Qatar QSC's highest Altman Z-Score was 50.39. The lowest was 11.63. And the median was 22.60.
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.
Industries Qatar QSC Altman Z-Score Related Terms
Industries Qatar QSC Altman Z-Score Historical Data
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The historical data trend for Industries Qatar QSC'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.
DSMD:IQCD vs CTVA, CF, MOS: Altman Z-Score Comparison
For the Agricultural Inputs subindustry, Industries Qatar QSC'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.
Industries Qatar QSC Altman Z-Score vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Industries Qatar QSC's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Industries Qatar QSC'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.
Industries Qatar QSC'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
*
0.321
+
1.4
*
0.7278
+
3.3
*
0.1017
+
0.6
*
16.0582
+
1.0
*
0.398
=
11.77
* 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.
Industries Qatar QSC (DSMD:IQCD) has a Altman Z-Score of 11.77 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Industries Qatar QSC and its competitors. This is 48% below median its historical median of 22.60. Over the past decade, Industries Qatar QSC's Altman Z-Score has ranged from 11.63 to 50.39. According to the industry distribution chart, Industries Qatar QSC ranks #10 out of 247 companies in the Agriculture industry, placing it in the top 4%.
Is Industries Qatar QSC's Altman Z-Score too high?
Industries Qatar QSC's current Altman Z-Score of 11.77 is 48% below median its 10-year median of 22.60. Over the past 10 years, this metric has ranged from a low of 11.63 to a high of 50.39. The Agriculture industry median Altman Z-Score is 2.69. Industries Qatar QSC's value of 11.77 is 337.5% above this industry median. Based on the distribution chart, Industries Qatar QSC ranks #10 out of 247 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Industries Qatar QSC has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Industries Qatar QSC's Altman Z-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, Industries Qatar QSC ranks #10 out of 247 companies for Altman Z-Score. This places Industries Qatar QSC in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.69. Industries Qatar QSC's value of 11.77 is 337.5% above this benchmark. Historically, Industries Qatar QSC's own Altman Z-Score has ranged from 11.63 to 50.39 over the past decade. While the company's 10-year median is 22.60 vs. the industry median of 2.69, Industries Qatar QSC 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 an Agriculture company?
The median Altman Z-Score among Agriculture companies is 2.69, based on 247 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. Industries Qatar QSC's current Altman Z-Score of 11.77 is 337.5% 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 Industries Qatar QSC and its competitors. For the Agriculture industry, the median Altman Z-Score is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industries Qatar QSC's current Altman Z-Score is 11.77, which is 48% below median its own 10-year median of 22.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industries Qatar QSC stock overvalued right now?
Based on GuruFocus' analysis, Industries Qatar QSC (DSMD:IQCD) is currently considered Modestly Undervalued. The stock's GF Value™ is ر.ق14.34, compared to a current price of ر.ق10.80 — trading 24.7% below its estimated fair value. The current Altman Z-Score is 11.77, which is 48% below median its 10-year median of 22.60 and 337.5% above the Agriculture industry median of 2.69. Industries Qatar QSC's overall GF Score™ is 84/100 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 Industries Qatar QSC (DSMD:IQCD), the current Altman Z-Score is 11.77 as of Jul. 11, 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 Industries Qatar QSC (DSMD:IQCD) Overvalued in 2026?
Based on GuruFocus' analysis, Industries Qatar QSC stock appears to be undervalued.
The current stock price of ر.ق10.80 is trading 24.7% below its estimated GF Value™ of ر.ق14.34.
GuruFocus considers Industries Qatar QSC to be Modestly Undervalued.
Key valuation signals for DSMD:IQCD:
Altman Z-Score: 11.77 (48% below median its 10-year median of 22.60)
GF Value™: ر.ق14.34 vs. price of ر.ق10.80 (24.7% below fair value)
Industry Position: 337.5% above the Agriculture median (#10 of 247)
No single metric tells the full story. See the DSMD:IQCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industries Qatar QSC, along with its subsidiaries, operates in the following reportable segments: Petrochemicals, Fertilisers, and Steel. Maximum revenue is generated from the Fertilisers segment, which produces and sells urea, ammonia, and other by-products. The Petrochemicals segment produces and sells ethylene, polyethylene, MTBE, methanol, and other petrochemical products; and the Steel segment produces and sells steel pellets, bars, billets, and others.
84GF Score
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