Aimtron Electronics (NSE:AIMTRON) Altman Z-Score: 10.35 (As of Jul. 25, 2026) — 32% Above Median

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NSE:AIMTRON Aimtron Electronics Ltd NSE:AIMTRON
43 GF Score
Price ₹1,283.95
! 8 Warning Signs
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What is Aimtron Electronics Altman Z-Score?

Aimtron Electronics NSE:AIMTRON -1.82% 43 Altman Z-Score is 10.35 as of Jul. 25, 2026, which is 32% above its 10-year median of 7.83. GuruFocus rates NSE:AIMTRON with a GF Score™ of 43/100. The stock has 8 warning signs investors should review. Among 2,459 Hardware companies, Aimtron Electronics ranks better than 86.86% 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 10.75 is strong.

Aimtron Electronics has a Altman Z-Score of 10.35, 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 Aimtron Electronics's Altman Z-Score or its related term are showing as below:

NSE:AIMTRON' s Altman Z-Score Range Over the Past 10 Years
Min: 7.31   Med: 7.83   Max: 10.75
Current: 10.75

During the past 6 years, Aimtron Electronics's highest Altman Z-Score was 10.75. The lowest was 7.31. And the median was 7.83.


Aimtron Electronics  (NSE:AIMTRON) 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.


Aimtron Electronics Altman Z-Score Related Terms


Aimtron Electronics Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Aimtron Electronics'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.

Aimtron Electronics Altman Z-Score Chart

Aimtron Electronics Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 8.34 7.31

Aimtron Electronics Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 0.00 20.79 8.34 0.00 7.31

NSE:AIMTRON vs APH, GLW: Altman Z-Score Comparison

For the Electronic Components subindustry, Aimtron Electronics'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.


Aimtron Electronics Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Aimtron Electronics's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Aimtron Electronics's Altman Z-Score falls into.


NSE:AIMTRON
43GF Score
Aimtron Electronics Ltd NSE:AIMTRON
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Aimtron Electronics 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.

Aimtron Electronics'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*0.5362+1.4*0+3.3*0.1468+0.6*14.1686+1.0*0.7178
=10.35

* 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 ₹4,196 Mil.
Total Current Assets was ₹3,550 Mil.
Total Current Liabilities was ₹1,301 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was ₹609 Mil.
Interest Expense was ₹-7 Mil.
Revenue was ₹3,012 Mil.
Market Cap (Today) was ₹26,210 Mil.
Total Liabilities was ₹1,850 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
=(3550.489 - 1300.883)/4195.797
=0.5362

X2=Retained Earnings/Total Assets
=0/4195.797
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(609.081 - -6.842)/4195.797
=0.1468

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=26210.331/1849.894
=14.1686

X5=Revenue/Total Assets
=3011.592/4195.797
=0.7178

The zones of discrimination were as such:

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

Aimtron Electronics has a Altman Z-Score of 10.35 indicating it is in Safe 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 10.35 mean?
Aimtron Electronics (NSE:AIMTRON) has a Altman Z-Score of 10.35 as of Jul. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aimtron Electronics and its competitors. This is 32% above median its historical median of 7.83. Over the past decade, Aimtron Electronics' Altman Z-Score has ranged from 7.31 to 10.75. According to the industry distribution chart, Aimtron Electronics ranks #323 out of 2459 companies in the Hardware industry, placing it in the top 13.1%.
Is Aimtron Electronics' Altman Z-Score too high?
Aimtron Electronics' current Altman Z-Score of 10.35 is 32% above median its 10-year median of 7.83. Over the past 10 years, this metric has ranged from a low of 7.31 to a high of 10.75. The Hardware industry median Altman Z-Score is 3.43. Aimtron Electronics' value of 10.35 is 201.7% above this industry median. Based on the distribution chart, Aimtron Electronics ranks #323 out of 2459 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Aimtron Electronics has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Aimtron Electronics' Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Aimtron Electronics ranks #323 out of 2459 companies for Altman Z-Score. This places Aimtron Electronics in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.43. Aimtron Electronics' value of 10.35 is 201.7% above this benchmark. Historically, Aimtron Electronics' own Altman Z-Score has ranged from 7.31 to 10.75 over the past decade. While the company's 10-year median is 7.83 vs. the industry median of 3.43, Aimtron Electronics 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 a Hardware company?
The median Altman Z-Score among Hardware companies is 3.43, based on 2,459 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. Aimtron Electronics's current Altman Z-Score of 10.35 is 201.7% 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 Aimtron Electronics and its competitors. For the Hardware industry, the median Altman Z-Score is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aimtron Electronics's current Altman Z-Score is 10.35, which is 32% above median its own 10-year median of 7.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aimtron Electronics stock overvalued right now?
Aimtron Electronics (NSE:AIMTRON) has a current Altman Z-Score of 10.35. The current Altman Z-Score is 10.35, which is 32% above median its 10-year median of 7.83 and 201.7% above the Hardware industry median of 3.43. Aimtron Electronics' overall GF Score™ is 43/100 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 Aimtron Electronics (NSE:AIMTRON), the current Altman Z-Score is 10.35 as of Jul. 25, 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.

Aimtron Electronics Business Description

Address Plot No 1/A, G.I.D.C Estate, Waghodia, Vadodara, GJ, IND, 391760
Aimtron Electronics Ltd is engaged in the business of providing products and solutions towards electronics system design and manufacturing (ESDM) services with a focus on high-value precision engineering products. It provide products and solutions right from printed circuit board (PCB) design and assembly to the manufacturing of complete electronic systems (Box Build), to certain domestic and manufacturers located in India, the United States of America, Hong Kong, the United Kingdom, Spain, and Mexico. The solutions comprise: printed circuit board assembly (PCBA), any box build assemblies, in addition to finding its application in battery management systems used in electric vehicles, and design solutions offering end-to-end services.
43GF Score

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