Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
What is Espey Manufacturing & Electronics Altman Z-Score?
Espey Manufacturing & ElectronicsESP -1.13%76 Altman Z-Score is 4.79 as of Aug. 05, 2026, which is 19% below its 10-year median of 5.90. GuruFocus rates ESP with a GF Score™ of 76/100 and a GF Value™ of $28.44 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 3,008 Industrial Products companies, Espey Manufacturing & Electronics ranks better than 68.85% 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 4.79 is strong.
Espey Manufacturing & Electronics has a Altman Z-Score of 4.79, 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 Espey Manufacturing & Electronics's Altman Z-Score or its related term are showing as below:
ESP'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.99 Med: 5.9 Max: 23.17
Current: 4.79
During the past 13 years, Espey Manufacturing & Electronics's highest Altman Z-Score was 23.17. The lowest was 3.99. And the median was 5.90.
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.
For the Electrical Equipment & Parts subindustry, Espey Manufacturing & Electronics'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.
Espey Manufacturing & Electronics Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Espey Manufacturing & Electronics's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Espey Manufacturing & Electronics'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.
Espey Manufacturing & Electronics (ESP) has a Altman Z-Score of 4.79 as of Aug. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Espey Manufacturing & Electronics and its competitors. This is 19% below median its historical median of 5.90. Over the past decade, Espey Manufacturing & Electronics' Altman Z-Score has ranged from 3.99 to 23.17. According to the industry distribution chart, Espey Manufacturing & Electronics ranks #937 out of 3008 companies in the Industrial Products industry, placing it in the top 31.2%.
Is Espey Manufacturing & Electronics' Altman Z-Score too high?
Espey Manufacturing & Electronics' current Altman Z-Score of 4.79 is 19% below median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 3.99 to a high of 23.17. The Industrial Products industry median Altman Z-Score is 3.19. Espey Manufacturing & Electronics' value of 4.79 is 50.2% above this industry median. Based on the distribution chart, Espey Manufacturing & Electronics ranks #937 out of 3008 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Espey Manufacturing & Electronics has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Espey Manufacturing & Electronics' Altman Z-Score compare to SKYX and EAF?
According to the Industrial Products industry distribution chart, Espey Manufacturing & Electronics ranks #937 out of 3008 companies for Altman Z-Score. This puts Espey Manufacturing & Electronics in the upper half of its industry. The industry median Altman Z-Score is 3.19. Espey Manufacturing & Electronics' value of 4.79 is 50.2% above this benchmark. Historically, Espey Manufacturing & Electronics' own Altman Z-Score has ranged from 3.99 to 23.17 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 3.19, Espey Manufacturing & Electronics 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 Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.19, based on 3,008 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. Espey Manufacturing & Electronics's current Altman Z-Score of 4.79 is 50.2% 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 Espey Manufacturing & Electronics and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espey Manufacturing & Electronics's current Altman Z-Score is 4.79, which is 19% below median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espey Manufacturing & Electronics stock overvalued right now?
Based on GuruFocus' analysis, Espey Manufacturing & Electronics (ESP) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.44, compared to a current price of $60.45 — trading 112.6% above its estimated fair value. The current Altman Z-Score is 4.79, which is 19% below median its 10-year median of 5.90 and 50.2% above the Industrial Products industry median of 3.19. Espey Manufacturing & Electronics' overall GF Score™ is 76/100 with 2 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 Espey Manufacturing & Electronics (ESP), the current Altman Z-Score is 4.79 as of Aug. 05, 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 Espey Manufacturing & Electronics (ESP) Overvalued in 2026?
Based on GuruFocus' analysis, Espey Manufacturing & Electronics stock appears to be overvalued.
The current stock price of $60.45 is trading 112.6% above its estimated GF Value™ of $28.44.
GuruFocus considers Espey Manufacturing & Electronics to be Significantly Overvalued.
Key valuation signals for ESP:
Altman Z-Score: 4.79 (19% below median its 10-year median of 5.90)
GF Value™: $28.44 vs. price of $60.45 (112.6% above fair value)
Industry Position: 50.2% above the Industrial Products median (#937 of 3008)
No single metric tells the full story. See the ESP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Espey Manufacturing & Electronics Corp is a power electronics design and OEM manufacturing company delivering products for military and severe environment applications. Its products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and antennas. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power. Espey services include design and development to specification, build to specifications provided by the customer, build to print, design services, design studies, environmental testing services, metal fabrication, painting services, and development of automatic testing equipment.
76GF Score
Get the complete analysis for ESP
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ESP has been successfully added to your 
