Dish TV India (LUX:DISHT) Altman Z-Score: -3.65 (As of Jun. 24, 2026)


LUX:DISHT Dish TV India Ltd LUX:DISHT
58 GF Score
Price $180.00
GF Value $421.31
! 3 Warning Signs
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What is Dish TV India Altman Z-Score?

Dish TV India LUX:DISHT 58 Altman Z-Score is -3.65 as of Jun. 24, 2026. GuruFocus rates LUX:DISHT with a GF Score™ of 58/100 and a GF Value™ of $421.31. The stock has 3 warning signs investors should review. Among 1,019 Media - Diversified companies, Dish TV India ranks worse than 92.15% 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 -3.92 is in distress zone. This implies bankruptcy possibility in the next two years.

Dish TV India has a Altman Z-Score of -3.65, 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 Dish TV India's Altman Z-Score or its related term are showing as below:

LUX:DISHT' s Altman Z-Score Range Over the Past 10 Years
Min: -8   Med: -1.69   Max: 1.72
Current: -3.92

During the past 13 years, Dish TV India's highest Altman Z-Score was 1.72. The lowest was -8.00. And the median was -1.69.


Dish TV India  (LUX:DISHT) 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.


Dish TV India Altman Z-Score Related Terms


Dish TV India Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dish TV India'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.

Dish TV India Altman Z-Score Chart

Dish TV India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.38 -4.06 -5.97 -8.00 -3.94

Dish TV India 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 -8.00 -8.21 -2.53 -2.92 -3.94

LUX:DISHT vs NFLX, DIS, WBD: Altman Z-Score Comparison

For the Entertainment subindustry, Dish TV India'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.


Dish TV India Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dish TV India's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Dish TV India's Altman Z-Score falls into.


LUX:DISHT
58GF Score
Dish TV India Ltd LUX:DISHT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Dish TV India 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.

Dish TV India'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*-3.0283+1.4*0+3.3*-0.3119+0.6*0.5304+1.0*0.6922
=-3.65

* 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 $188.9 Mil.
Total Current Assets was $51.2 Mil.
Total Current Liabilities was $623.1 Mil.
Retained Earnings was $0.0 Mil.
Pre-Tax Income was -32.747 + -30.68 + -15.019 + -10.691 = $-89.1 Mil.
Interest Expense was -7.355 + -7.597 + -7.814 + -7.467 = $-30.2 Mil.
Revenue was 26.188 + 33.215 + 32.963 + 38.353 = $130.7 Mil.
Market Cap (Today) was $331.2 Mil.
Total Liabilities was $624.4 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
=(51.194 - 623.111)/188.855
=-3.0283

X2=Retained Earnings/Total Assets
=0/188.855
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-89.137 - -30.233)/188.855
=-0.3119

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=331.200/624.401
=0.5304

X5=Revenue/Total Assets
=130.719/188.855
=0.6922

The zones of discrimination were as such:

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

Dish TV India has a Altman Z-Score of -3.65 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 -3.65 mean?
Dish TV India (LUX:DISHT) has a Altman Z-Score of -3.65 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dish TV India and its competitors. According to the industry distribution chart, Dish TV India ranks #939 out of 1019 companies in the Media - Diversified industry, placing it in the top 92.1%.
Is Dish TV India's Altman Z-Score too high?
Dish TV India's current Altman Z-Score is -3.65. Based on the distribution chart, Dish TV India ranks #939 out of 1019 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Dish TV India has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Dish TV India's Altman Z-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Dish TV India ranks #939 out of 1019 companies for Altman Z-Score. This places Dish TV India in the lower half of its industry. The industry median Altman Z-Score is 1.98. 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.98, based on 1,019 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. 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 Dish TV India and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dish TV India's current Altman Z-Score is -3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dish TV India stock overvalued right now?
Dish TV India (LUX:DISHT) has a current Altman Z-Score of -3.65. The stock's GF Value™ is $421.31, compared to a current price of $180.00 — trading 57.3% below its estimated fair value. The current Altman Z-Score is -3.65. Dish TV India's overall GF Score™ is 58/100 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 Dish TV India (LUX:DISHT), the current Altman Z-Score is -3.65 as of Jun. 24, 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 Dish TV India (LUX:DISHT) Overvalued in 2026?

Based on GuruFocus' analysis, Dish TV India stock appears to be undervalued. The current stock price of $180.00 is trading 57.3% below its estimated GF Value™ of $421.31.

Key valuation signals for LUX:DISHT:

  • Altman Z-Score: -3.65
  • GF Value™: $421.31 vs. price of $180.00 (57.3% below fair value)
  • GF Score™: 58/100 with 3 warning signs

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


Dish TV India Business Description

Other Exchanges DISHTV:India532839:India
Address FC-19, Sector 16 A, Film City, Noida, UP, IND, 201301
Dish TV India Ltd provides direct-to-home and teleport services as part of the Indian media conglomerate Zee Group. DishTV generates the majority of its revenue by selling direct-to-home subscriptions, majority of which are prepaid. DishTV also sells advertising and leases and sells digital signal receiving equipment, such as set-top-boxes and dish antenna. Another source of revenue is from broadcasters paying bandwidth fees to keep content on a prime band. The company generates the vast majority of revenue in India.
58GF Score

Get the complete analysis for LUX:DISHT

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

$180.00
Price
$421.31
GF Value