Ascom Leasing & InvestmentsNSE:ASCOM +4.69%57 Altman Z-Score is 20.60 as of Jun. 26, 2026, which is 210% above its 10-year median of 6.65. GuruFocus rates NSE:ASCOM with a GF Score™ of 57/100 and a GF Value™ of ₹125.78 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 408 Credit Services companies, Ascom Leasing & Investments ranks better than 89.22% 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 18.18 is strong.
Ascom Leasing & Investments has a Altman Z-Score of 20.60, 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 Ascom Leasing & Investments's Altman Z-Score or its related term are showing as below:
NSE:ASCOM'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.88 Med: 6.65 Max: 87.03
Current: 18.18
During the past 10 years, Ascom Leasing & Investments's highest Altman Z-Score was 87.03. The lowest was 2.88. And the median was 6.65.
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.
NSE:ASCOM vs V, MA, AXP: Altman Z-Score Comparison
For the Credit Services subindustry, Ascom Leasing & Investments'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.
Ascom Leasing & Investments Altman Z-Score vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Ascom Leasing & Investments'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.
Ascom Leasing & Investments (NSE:ASCOM) has a Altman Z-Score of 20.60 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ascom Leasing & Investments and its competitors. This is 210% above median its historical median of 6.65. Over the past decade, Ascom Leasing & Investments' Altman Z-Score has ranged from 2.88 to 87.03. According to the industry distribution chart, Ascom Leasing & Investments ranks #44 out of 408 companies in the Credit Services industry, placing it in the top 10.8%.
Is Ascom Leasing & Investments' Altman Z-Score too high?
Ascom Leasing & Investments' current Altman Z-Score of 20.60 is 210% above median its 10-year median of 6.65. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 87.03. The Credit Services industry median Altman Z-Score is 1.74. Ascom Leasing & Investments' value of 20.60 is 1087.3% above this industry median. Based on the distribution chart, Ascom Leasing & Investments ranks #44 out of 408 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Ascom Leasing & Investments has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ascom Leasing & Investments' Altman Z-Score compare to V and MA?
According to the Credit Services industry distribution chart, Ascom Leasing & Investments ranks #44 out of 408 companies for Altman Z-Score. This places Ascom Leasing & Investments in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.74. Ascom Leasing & Investments' value of 20.60 is 1087.3% above this benchmark. Historically, Ascom Leasing & Investments' own Altman Z-Score has ranged from 2.88 to 87.03 over the past decade. While the company's 10-year median is 6.65 vs. the industry median of 1.74, Ascom Leasing & Investments 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 Credit Services company?
The median Altman Z-Score among Credit Services companies is 1.74, based on 408 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. Ascom Leasing & Investments's current Altman Z-Score of 20.60 is 1087.3% 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 Ascom Leasing & Investments and its competitors. For the Credit Services industry, the median Altman Z-Score is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascom Leasing & Investments's current Altman Z-Score is 20.60, which is 210% above median its own 10-year median of 6.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascom Leasing & Investments stock overvalued right now?
Based on GuruFocus' analysis, Ascom Leasing & Investments (NSE:ASCOM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹125.78, compared to a current price of ₹269.00 — trading 113.9% above its estimated fair value. The current Altman Z-Score is 20.60, which is 210% above median its 10-year median of 6.65 and 1087.3% above the Credit Services industry median of 1.74. Ascom Leasing & Investments' overall GF Score™ is 57/100 with 5 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 Ascom Leasing & Investments (NSE:ASCOM), the current Altman Z-Score is 20.60 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 Ascom Leasing & Investments (NSE:ASCOM) Overvalued in 2026?
Based on GuruFocus' analysis, Ascom Leasing & Investments stock appears to be overvalued.
The current stock price of ₹269.00 is trading 113.9% above its estimated GF Value™ of ₹125.78.
GuruFocus considers Ascom Leasing & Investments to be Significantly Overvalued.
Key valuation signals for NSE:ASCOM:
Altman Z-Score: 20.60 (210% above median its 10-year median of 6.65)
GF Value™: ₹125.78 vs. price of ₹269.00 (113.9% above fair value)
Industry Position: 1087.3% above the Credit Services median (#44 of 408)
No single metric tells the full story. See the NSE:ASCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of financing and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.
57GF Score
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