DOMS IndustriesNSE:DOMS -1.95%48 Altman Z-Score is 22.25 as of Jun. 25, 2026, which is 2% below its 10-year median of 22.62. GuruFocus rates NSE:DOMS with a GF Score™ of 48/100. Among 3,013 Industrial Products companies, DOMS Industries ranks better than 96.22% 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 22.38 is strong.
DOMS Industries has a Altman Z-Score of 22.25, 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 DOMS Industries's Altman Z-Score or its related term are showing as below:
NSE:DOMS'
s Altman Z-Score Range Over the Past 10 Years
Min: 19.12 Med: 22.62 Max: 26.79
Current: 22.38
During the past 6 years, DOMS Industries's highest Altman Z-Score was 26.79. The lowest was 19.12. And the median was 22.62.
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.
DOMS Industries Altman Z-Score Related Terms
DOMS Industries Altman Z-Score Historical Data
* Premium members only.
The historical data trend for DOMS Industries'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.
For the Business Equipment & Supplies subindustry, DOMS Industries'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.
DOMS Industries Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, DOMS Industries's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where DOMS Industries'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.
DOMS Industries'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
*
0.2017
+
1.4
*
0
+
3.3
*
0.1946
+
0.6
*
33.3428
+
1.0
*
1.3589
=
22.25
* 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.
DOMS Industries (NSE:DOMS) has a Altman Z-Score of 22.25 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on DOMS Industries and its competitors. This is near median its historical median of 22.62. Over the past decade, DOMS Industries' Altman Z-Score has ranged from 19.12 to 26.79. According to the industry distribution chart, DOMS Industries ranks #114 out of 3013 companies in the Industrial Products industry, placing it in the top 3.8%.
Is DOMS Industries' Altman Z-Score too high?
DOMS Industries' current Altman Z-Score of 22.25 is near median its 10-year median of 22.62. Over the past 10 years, this metric has ranged from a low of 19.12 to a high of 26.79. The Industrial Products industry median Altman Z-Score is 3.42. DOMS Industries' value of 22.25 is 550.6% above this industry median. Based on the distribution chart, DOMS Industries ranks #114 out of 3013 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, DOMS Industries has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does DOMS Industries' Altman Z-Score compare to competitors?
According to the Industrial Products industry distribution chart, DOMS Industries ranks #114 out of 3013 companies for Altman Z-Score. This places DOMS Industries in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.42. DOMS Industries' value of 22.25 is 550.6% above this benchmark. Historically, DOMS Industries' own Altman Z-Score has ranged from 19.12 to 26.79 over the past decade. While the company's 10-year median is 22.62 vs. the industry median of 3.42, DOMS Industries 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 3,013 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. DOMS Industries's current Altman Z-Score of 22.25 is 550.6% 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 DOMS Industries 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. DOMS Industries's current Altman Z-Score is 22.25, which is near median its own 10-year median of 22.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOMS Industries stock overvalued right now?
DOMS Industries (NSE:DOMS) has a current Altman Z-Score of 22.25. The current Altman Z-Score is 22.25, which is near median its 10-year median of 22.62 and 550.6% above the Industrial Products industry median of 3.42. DOMS Industries' overall GF Score™ is 48/100. 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 DOMS Industries (NSE:DOMS), the current Altman Z-Score is 22.25 as of Jun. 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.
DOMS Industries Ltd is engaged in the manufacturing of stationery and art material products in India. It designs, develops, manufactures, and sells products, predominantly under the DOMS brand, and the other brands through which it markets its products include C3, Amariz, and FixyFix. The group is organized into business units based on its products and services and has two reportable segments as follows :Stationery: Manufacturing, marketing, trading and distribution of stationery and related products. Hygiene: Manufacturing, marketing, trading and distribution of diapers, wet wipes and other hygiene products The company's products are sold through a network of super stockists, distributors, retailers, retail stores, and various e-commerce platforms.
48GF Score
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