Neo Performance MaterialsNOPMF +0.81%66 Altman Z-Score is 2.88 as of Jun. 26, 2026, which is 5% above its 10-year median of 2.73. GuruFocus rates NOPMF with a GF Score™ of 66/100 and a GF Value™ of $6.51 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,572 Chemicals companies, Neo Performance Materials ranks worse than 55.98% 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 2.86 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.
Neo Performance Materials has a Altman Z-Score of 2.88, indicating it is in Grey Zones. This implies that Neo Performance Materials 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 Neo Performance Materials's Altman Z-Score or its related term are showing as below:
NOPMF'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.56 Med: 2.73 Max: 4.65
Current: 2.86
During the past 10 years, Neo Performance Materials's highest Altman Z-Score was 4.65. The lowest was 1.56. And the median was 2.73.
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 Specialty Chemicals subindustry, Neo Performance Materials'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.
Neo Performance Materials Altman Z-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Neo Performance Materials's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Neo Performance Materials'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.
Neo Performance Materials (NOPMF) has a Altman Z-Score of 2.88 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Neo Performance Materials and its competitors. This is near median its historical median of 2.73. Over the past decade, Neo Performance Materials' Altman Z-Score has ranged from 1.56 to 4.65. According to the industry distribution chart, Neo Performance Materials ranks #880 out of 1572 companies in the Chemicals industry, placing it in the top 56%.
Is Neo Performance Materials' Altman Z-Score too high?
Neo Performance Materials' current Altman Z-Score of 2.88 is near median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 4.65. The Chemicals industry median Altman Z-Score is 3.18. Neo Performance Materials' value of 2.88 is 9.3% below this industry median. Based on the distribution chart, Neo Performance Materials ranks #880 out of 1572 companies in the Chemicals industry, which is below the industry midpoint. Overall, Neo Performance Materials has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neo Performance Materials' Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Neo Performance Materials ranks #880 out of 1572 companies for Altman Z-Score. This places Neo Performance Materials in the lower half of its industry. The industry median Altman Z-Score is 3.18. Neo Performance Materials' value of 2.88 is 9.3% below this benchmark. Historically, Neo Performance Materials' own Altman Z-Score has ranged from 1.56 to 4.65 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 3.18, Neo Performance Materials 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.18, based on 1,572 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. Neo Performance Materials's current Altman Z-Score of 2.88 is 9.3% 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 Neo Performance Materials and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neo Performance Materials's current Altman Z-Score is 2.88, which is near median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo Performance Materials stock overvalued right now?
Based on GuruFocus' analysis, Neo Performance Materials (NOPMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.51, compared to a current price of $25.70 — trading 294.8% above its estimated fair value. The current Altman Z-Score is 2.88, which is near median its 10-year median of 2.73 and 9.3% below the Chemicals industry median of 3.18. Neo Performance Materials' overall GF Score™ is 66/100 with 11 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 Neo Performance Materials (NOPMF), the current Altman Z-Score is 2.88 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 Neo Performance Materials (NOPMF) Overvalued in 2026?
Based on GuruFocus' analysis, Neo Performance Materials stock appears to be overvalued.
The current stock price of $25.70 is trading 294.8% above its estimated GF Value™ of $6.51.
GuruFocus considers Neo Performance Materials to be Significantly Overvalued.
Key valuation signals for NOPMF:
Altman Z-Score: 2.88 (near median its 10-year median of 2.73)
GF Value™: $6.51 vs. price of $25.70 (294.8% above fair value)
Industry Position: 9.3% below the Chemicals median (#880 of 1572)
No single metric tells the full story. See the NOPMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets. The Chemicals & Oxides segment manufactures and distributes a broad range of industrial materials. The Rare Metals segment produces specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. Its geographical segments are Asia, North America, Europe, and Others, of which it derives maximum revenue from Asia.
66GF Score
Get the complete analysis for NOPMF
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
NOPMF has been successfully added to your 
