Oman Cables IndustryogMUS:OCAI +0.62%95 Altman Z-Score is 5.91 as of Jun. 26, 2026, which is 19% above its 10-year median of 4.95. GuruFocus rates MUS:OCAI with a GF Score™ of 95/100 and a GF Value™ of ر.ع2.67 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,012 Industrial Products companies, Oman Cables Industryog ranks better than 72.78% 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 5.8 is strong.
Oman Cables Industryog has a Altman Z-Score of 5.91, 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 Oman Cables Industryog's Altman Z-Score or its related term are showing as below:
MUS:OCAI'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.12 Med: 4.95 Max: 7.84
Current: 5.8
During the past 13 years, Oman Cables Industryog's highest Altman Z-Score was 7.84. The lowest was 3.12. And the median was 4.95.
Oman Cables Industryog (MUS:OCAI) 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.
Altman Z-Score does not apply to financial companies.
Oman Cables Industryog Altman Z-Score Related Terms
Oman Cables Industryog Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Oman Cables Industryog'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.
MUS:OCAI vs VRT, BE, NVT: Altman Z-Score Comparison
For the Electrical Equipment & Parts subindustry, Oman Cables Industryog'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.
Oman Cables Industryog Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Oman Cables Industryog's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Oman Cables Industryog'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.
Oman Cables Industryog (MUS:OCAI) has a Altman Z-Score of 5.91 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Oman Cables Industryog and its competitors. This is 19% above median its historical median of 4.95. Over the past decade, Oman Cables Industryog's Altman Z-Score has ranged from 3.12 to 7.84. According to the industry distribution chart, Oman Cables Industryog ranks #820 out of 3012 companies in the Industrial Products industry, placing it in the top 27.2%.
Is Oman Cables Industryog's Altman Z-Score too high?
Oman Cables Industryog's current Altman Z-Score of 5.91 is 19% above median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 3.12 to a high of 7.84. The Industrial Products industry median Altman Z-Score is 3.42. Oman Cables Industryog's value of 5.91 is 73.1% above this industry median. Based on the distribution chart, Oman Cables Industryog ranks #820 out of 3012 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Oman Cables Industryog has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oman Cables Industryog's Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Oman Cables Industryog ranks #820 out of 3012 companies for Altman Z-Score. This puts Oman Cables Industryog in the upper half of its industry. The industry median Altman Z-Score is 3.42. Oman Cables Industryog's value of 5.91 is 73.1% above this benchmark. Historically, Oman Cables Industryog's own Altman Z-Score has ranged from 3.12 to 7.84 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 3.42, Oman Cables Industryog 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 3.42, based on 3,012 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. Oman Cables Industryog's current Altman Z-Score of 5.91 is 73.1% 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 Oman Cables Industryog and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Cables Industryog's current Altman Z-Score is 5.91, which is 19% above median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Cables Industryog stock overvalued right now?
Based on GuruFocus' analysis, Oman Cables Industryog (MUS:OCAI) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع2.67, compared to a current price of ر.ع3.23 — trading 21% above its estimated fair value. The current Altman Z-Score is 5.91, which is 19% above median its 10-year median of 4.95 and 73.1% above the Industrial Products industry median of 3.42. Oman Cables Industryog's overall GF Score™ is 95/100 with 6 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 Oman Cables Industryog (MUS:OCAI), the current Altman Z-Score is 5.91 as of Jun. 26, 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 Oman Cables Industryog (MUS:OCAI) Overvalued in 2026?
Based on GuruFocus' analysis, Oman Cables Industryog stock appears to be overvalued.
The current stock price of ر.ع3.23 is trading 21% above its estimated GF Value™ of ر.ع2.67.
GuruFocus considers Oman Cables Industryog to be Modestly Overvalued.
Key valuation signals for MUS:OCAI:
Altman Z-Score: 5.91 (19% above median its 10-year median of 4.95)
GF Value™: ر.ع2.67 vs. price of ر.ع3.23 (21% above fair value)
Industry Position: 73.1% above the Industrial Products median (#820 of 3012)
No single metric tells the full story. See the MUS:OCAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oman Cables Industry Saog develops, manufactures, and markets a totally integrated variety of electrical cables and conductors for diverse applications, including medium voltage power cables, low voltage power, and control cables, instrumentation cables, pilot cables, overhead power transmission line conductors, and building wires. The company's principal activity is the manufacture and sale of electrical cables and conductors. The company earns the majority of its revenue from Middle East and North Africa (MENA) region, followed by Local Sales.
95GF Score
Get the complete analysis for MUS:OCAI
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
MUS:OCAI has been successfully added to your 
