Sapphire Textile MillsKAR:SAPT -2.20%94 Altman Z-Score is 1.84 as of Jul. 09, 2026, which is 19% above its 10-year median of 1.55. GuruFocus rates KAR:SAPT with a GF Score™ of 94/100 and a GF Value™ of ₨1,386.13 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Sapphire Textile Mills ranks worse than 66.34% 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 1.85 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.
Sapphire Textile Mills has a Altman Z-Score of 1.84, indicating it is in Grey Zones. This implies that Sapphire Textile Mills 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 Sapphire Textile Mills's Altman Z-Score or its related term are showing as below:
KAR:SAPT'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.81 Med: 1.55 Max: 2.21
Current: 1.85
During the past 13 years, Sapphire Textile Mills's highest Altman Z-Score was 2.21. The lowest was 0.81. And the median was 1.55.
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.
Sapphire Textile Mills Altman Z-Score Related Terms
Sapphire Textile Mills Altman Z-Score Historical Data
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The historical data trend for Sapphire Textile 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.
For the Textile Manufacturing subindustry, Sapphire Textile 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.
Sapphire Textile Mills Altman Z-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sapphire Textile Mills's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sapphire Textile Mills'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.
Sapphire Textile Mills (KAR:SAPT) has a Altman Z-Score of 1.84 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sapphire Textile Mills and its competitors. This is 19% above median its historical median of 1.55. Over the past decade, Sapphire Textile Mills' Altman Z-Score has ranged from 0.81 to 2.21. According to the industry distribution chart, Sapphire Textile Mills ranks #680 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.3%.
Is Sapphire Textile Mills' Altman Z-Score too high?
Sapphire Textile Mills' current Altman Z-Score of 1.84 is 19% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 2.21. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.54. Sapphire Textile Mills' value of 1.84 is 27.6% below this industry median. Based on the distribution chart, Sapphire Textile Mills ranks #680 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Sapphire Textile Mills has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sapphire Textile Mills' Altman Z-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sapphire Textile Mills ranks #680 out of 1025 companies for Altman Z-Score. This places Sapphire Textile Mills in the lower half of its industry. The industry median Altman Z-Score is 2.54. Sapphire Textile Mills' value of 1.84 is 27.6% below this benchmark. Historically, Sapphire Textile Mills' own Altman Z-Score has ranged from 0.81 to 2.21 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 2.54, Sapphire Textile 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 2.54, based on 1,025 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. Sapphire Textile Mills's current Altman Z-Score of 1.84 is 27.6% 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 Sapphire Textile Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sapphire Textile Mills's current Altman Z-Score is 1.84, which is 19% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sapphire Textile Mills stock overvalued right now?
Based on GuruFocus' analysis, Sapphire Textile Mills (KAR:SAPT) is currently considered Fairly Valued. The stock's GF Value™ is ₨1,386.13, compared to a current price of ₨1,502.25 — trading 8.4% above its estimated fair value. The current Altman Z-Score is 1.84, which is 19% above median its 10-year median of 1.55 and 27.6% below the Manufacturing - Apparel & Accessories industry median of 2.54. Sapphire Textile Mills' overall GF Score™ is 94/100 with 8 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 Sapphire Textile Mills (KAR:SAPT), the current Altman Z-Score is 1.84 as of Jul. 09, 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 Sapphire Textile Mills (KAR:SAPT) Overvalued in 2026?
Based on GuruFocus' analysis, Sapphire Textile Mills stock appears to be overvalued.
The current stock price of ₨1,502.25 is trading 8.4% above its estimated GF Value™ of ₨1,386.13.
GuruFocus considers Sapphire Textile Mills to be Fairly Valued.
Key valuation signals for KAR:SAPT:
Altman Z-Score: 1.84 (19% above median its 10-year median of 1.55)
GF Value™: ₨1,386.13 vs. price of ₨1,502.25 (8.4% above fair value)
Industry Position: 27.6% below the Manufacturing - Apparel & Accessories median (#680 of 1025)
No single metric tells the full story. See the KAR:SAPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sapphire Textile Mills Ltd is the company mainly involved in the manufacturing and sale of yarn, fabrics, home textile products, finishing and printing of fabrics. Its segments include Spinning, Weaving, Processing, printing, Home Textile Products, Textile Retail, Stitching, and Power Generation. Geographically, it generates the majority of the revenue from the domestic market.
94GF Score
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