Aster DM Quality CareNSE:ASTERDM -0.21%80 Altman Z-Score is 8.48 as of Jul. 07, 2026, which is 351% above its 10-year median of 1.88. GuruFocus rates NSE:ASTERDM with a GF Score™ of 80/100 and a GF Value™ of ₹660.21 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 661 Healthcare Providers & Services companies, Aster DM Quality Care ranks better than 88.35% 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 8.48 is strong.
Aster DM Quality Care has a Altman Z-Score of 8.48, 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 Aster DM Quality Care's Altman Z-Score or its related term are showing as below:
NSE:ASTERDM'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.04 Med: 1.88 Max: 8.48
Current: 8.48
During the past 12 years, Aster DM Quality Care's highest Altman Z-Score was 8.48. The lowest was 1.04. And the median was 1.88.
Aster DM Quality Care (NSE:ASTERDM) 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.
Aster DM Quality Care Altman Z-Score Related Terms
Aster DM Quality Care Altman Z-Score Historical Data
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The historical data trend for Aster DM Quality Care'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.
NSE:ASTERDM vs HCA, THC, DVA: Altman Z-Score Comparison
For the Medical Care Facilities subindustry, Aster DM Quality Care'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.
Aster DM Quality Care Altman Z-Score vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Aster DM Quality Care's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Aster DM Quality Care'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.
Aster DM Quality Care (NSE:ASTERDM) has a Altman Z-Score of 8.48 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aster DM Quality Care and its competitors. This is 351% above median its historical median of 1.88. Over the past decade, Aster DM Quality Care's Altman Z-Score has ranged from 1.04 to 8.48. According to the industry distribution chart, Aster DM Quality Care ranks #77 out of 661 companies in the Healthcare Providers & Services industry, placing it in the top 11.6%.
Is Aster DM Quality Care's Altman Z-Score too high?
Aster DM Quality Care's current Altman Z-Score of 8.48 is 351% above median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 8.48. The Healthcare Providers & Services industry median Altman Z-Score is 2.49. Aster DM Quality Care's value of 8.48 is 240.6% above this industry median. Based on the distribution chart, Aster DM Quality Care ranks #77 out of 661 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Aster DM Quality Care has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aster DM Quality Care's Altman Z-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Aster DM Quality Care ranks #77 out of 661 companies for Altman Z-Score. This places Aster DM Quality Care in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.49. Aster DM Quality Care's value of 8.48 is 240.6% above this benchmark. Historically, Aster DM Quality Care's own Altman Z-Score has ranged from 1.04 to 8.48 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 2.49, Aster DM Quality Care 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.49, based on 661 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. Aster DM Quality Care's current Altman Z-Score of 8.48 is 240.6% 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 Aster DM Quality Care and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aster DM Quality Care's current Altman Z-Score is 8.48, which is 351% above median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aster DM Quality Care stock overvalued right now?
Based on GuruFocus' analysis, Aster DM Quality Care (NSE:ASTERDM) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹660.21, compared to a current price of ₹791.55 — trading 19.9% above its estimated fair value. The current Altman Z-Score is 8.48, which is 351% above median its 10-year median of 1.88 and 240.6% above the Healthcare Providers & Services industry median of 2.49. Aster DM Quality Care's overall GF Score™ is 80/100 with 7 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 Aster DM Quality Care (NSE:ASTERDM), the current Altman Z-Score is 8.48 as of Jul. 07, 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 Aster DM Quality Care (NSE:ASTERDM) Overvalued in 2026?
Based on GuruFocus' analysis, Aster DM Quality Care stock appears to be overvalued.
The current stock price of ₹791.55 is trading 19.9% above its estimated GF Value™ of ₹660.21.
GuruFocus considers Aster DM Quality Care to be Modestly Overvalued.
Key valuation signals for NSE:ASTERDM:
Altman Z-Score: 8.48 (351% above median its 10-year median of 1.88)
GF Value™: ₹660.21 vs. price of ₹791.55 (19.9% above fair value)
Industry Position: 240.6% above the Healthcare Providers & Services median (#77 of 661)
No single metric tells the full story. See the NSE:ASTERDM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aster DM Healthcare Ltd is an India-based integrated healthcare provider. The group operates a comprehensive healthcare network comprising approximately 19 hospitals, 10 clinics, over 200 pharmacies, and more than 255 diagnostic laboratories across states. Its business segments include Hospitals, Clinics, Retail Pharmacies, and Others, with the majority of revenue derived from the Hospitals segment. Aster has been delivering high-quality care from primary to quaternary through dedicated personnel across clinical and non-clinical roles. Aster has a presence in metropolitan as well as Tier II and Tier III cities, and is committed to providing advanced and accessible healthcare in line with global standards, guided by a patient-first approach.
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