Engro Powergen Qadirpur (KAR:EPQL) Altman Z-Score: 2.63 (As of Jun. 27, 2026) — 40% Above Median


KAR:EPQL Engro Powergen Qadirpur Ltd KAR:EPQL
68 GF Score
Price ₨25.06
GF Value ₨26.01
Valuation Fairly Valued
! 10 Warning Signs
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What is Engro Powergen Qadirpur Altman Z-Score?

Engro Powergen Qadirpur KAR:EPQL 68 Altman Z-Score is 2.63 as of Jun. 27, 2026, which is 40% above its 10-year median of 1.88. GuruFocus rates KAR:EPQL with a GF Score™ of 68/100 and a GF Value™ of ₨26.01 (Fairly Valued). The stock has 10 warning signs investors should review. Among 412 Utilities - Independent Power Producers companies, Engro Powergen Qadirpur ranks better than 77.18% 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 2.63 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.

Engro Powergen Qadirpur has a Altman Z-Score of 2.63, indicating it is in Grey Zones. This implies that Engro Powergen Qadirpur 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 Engro Powergen Qadirpur's Altman Z-Score or its related term are showing as below:

KAR:EPQL' s Altman Z-Score Range Over the Past 10 Years
Min: 1.07   Med: 1.88   Max: 3.46
Current: 2.63

During the past 13 years, Engro Powergen Qadirpur's highest Altman Z-Score was 3.46. The lowest was 1.07. And the median was 1.88.


Engro Powergen Qadirpur  (KAR:EPQL) 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.


Engro Powergen Qadirpur Altman Z-Score Related Terms


Engro Powergen Qadirpur Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Engro Powergen Qadirpur'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.

Engro Powergen Qadirpur Altman Z-Score Chart

Engro Powergen Qadirpur Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.70 2.47 2.49 3.21

Engro Powergen Qadirpur 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 2.49 3.46 3.35 3.21 2.60

KAR:EPQL vs CEG, VST, NRG: Altman Z-Score Comparison

For the Utilities - Independent Power Producers subindustry, Engro Powergen Qadirpur'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.


Engro Powergen Qadirpur Altman Z-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Engro Powergen Qadirpur's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Engro Powergen Qadirpur's Altman Z-Score falls into.


KAR:EPQL
68GF Score
Engro Powergen Qadirpur Ltd KAR:EPQL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Engro Powergen Qadirpur 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.

Engro Powergen Qadirpur'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*0.1062+1.4*0.416+3.3*0.0398+0.6*1.7365+1.0*0.7442
=2.63

* 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 ₨16,051 Mil.
Total Current Assets was ₨6,377 Mil.
Total Current Liabilities was ₨4,673 Mil.
Retained Earnings was ₨6,677 Mil.
Pre-Tax Income was 152.747 + -14.207 + 397.58 + 95.258 = ₨631 Mil.
Interest Expense was -6.711 + 0 + 0 + 0 = ₨-7 Mil.
Revenue was 3150.483 + 3243.736 + 3387.067 + 2163.776 = ₨11,945 Mil.
Market Cap (Today) was ₨8,114 Mil.
Total Liabilities was ₨4,673 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
=(6377.462 - 4672.796)/16050.773
=0.1062

X2=Retained Earnings/Total Assets
=6676.743/16050.773
=0.416

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(631.378 - -6.711)/16050.773
=0.0398

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=8114.428/4672.796
=1.7365

X5=Revenue/Total Assets
=11945.062/16050.773
=0.7442

The zones of discrimination were as such:

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

Engro Powergen Qadirpur has a Altman Z-Score of 2.63 indicating it is in Grey 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 2.63 mean?
Engro Powergen Qadirpur (KAR:EPQL) has a Altman Z-Score of 2.63 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Engro Powergen Qadirpur and its competitors. This is 40% above median its historical median of 1.88. Over the past decade, Engro Powergen Qadirpur's Altman Z-Score has ranged from 1.07 to 3.46. According to the industry distribution chart, Engro Powergen Qadirpur ranks #94 out of 412 companies in the Utilities - Independent Power Producers industry, placing it in the top 22.8%.
Is Engro Powergen Qadirpur's Altman Z-Score too high?
Engro Powergen Qadirpur's current Altman Z-Score of 2.63 is 40% above median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 3.46. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.24. Engro Powergen Qadirpur's value of 2.63 is 113% above this industry median. Based on the distribution chart, Engro Powergen Qadirpur ranks #94 out of 412 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Engro Powergen Qadirpur has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Engro Powergen Qadirpur's Altman Z-Score compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Engro Powergen Qadirpur ranks #94 out of 412 companies for Altman Z-Score. This places Engro Powergen Qadirpur in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.24. Engro Powergen Qadirpur's value of 2.63 is 113% above this benchmark. Historically, Engro Powergen Qadirpur's own Altman Z-Score has ranged from 1.07 to 3.46 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.24, Engro Powergen Qadirpur 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 Utilities - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.24, based on 412 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. Engro Powergen Qadirpur's current Altman Z-Score of 2.63 is 113% 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 Engro Powergen Qadirpur and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Engro Powergen Qadirpur's current Altman Z-Score is 2.63, which is 40% above median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engro Powergen Qadirpur stock overvalued right now?
Based on GuruFocus' analysis, Engro Powergen Qadirpur (KAR:EPQL) is currently considered Fairly Valued. The stock's GF Value™ is ₨26.01, compared to a current price of ₨25.06 — trading 3.7% below its estimated fair value. The current Altman Z-Score is 2.63, which is 40% above median its 10-year median of 1.88 and 113% above the Utilities - Independent Power Producers industry median of 1.24. Engro Powergen Qadirpur's overall GF Score™ is 68/100 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 Engro Powergen Qadirpur (KAR:EPQL), the current Altman Z-Score is 2.63 as of Jun. 27, 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 Engro Powergen Qadirpur (KAR:EPQL) Overvalued in 2026?

Based on GuruFocus' analysis, Engro Powergen Qadirpur stock appears to be undervalued. The current stock price of ₨25.06 is trading 3.7% below its estimated GF Value™ of ₨26.01. GuruFocus considers Engro Powergen Qadirpur to be Fairly Valued.

Key valuation signals for KAR:EPQL:

  • Altman Z-Score: 2.63 (40% above median its 10-year median of 1.88)
  • GF Value™: ₨26.01 vs. price of ₨25.06 (3.7% below fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 113% above the Utilities - Independent Power Producers median (#94 of 412)

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


Engro Powergen Qadirpur Business Description

Address HC-3, Marine Drive, 16th Floor, The Harbor Front Building, Block 4, Scheme-5, Clifton, Karachi, SD, PAK, 75600
Engro Powergen Qadirpur Ltd is engaged in the business of power generation and sale. The electricity generated is transmitted to the National Transmission and Despatch Company (NTDC). The company's portfolio includes: Fertilizers, Dairy, Telecom Communications, Energy and Mining, Petrochemical, Chemical storage and handling.
68GF Score

Get the complete analysis for KAR:EPQL

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

₨25.06
Price
₨26.01
GF Value