Foseco IndiaNSE:FOSECOIND -1.37%89 Altman Z-Score is 11.00 as of Jul. 03, 2026, which is 8% above its 10-year median of 10.16. GuruFocus rates NSE:FOSECOIND with a GF Score™ of 89/100 and a GF Value™ of ₹5,215.49 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,567 Chemicals companies, Foseco India ranks better than 87.94% 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 10.85 is strong.
Foseco India has a Altman Z-Score of 11.00, 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 Foseco India's Altman Z-Score or its related term are showing as below:
NSE:FOSECOIND'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.62 Med: 10.16 Max: 18.53
Current: 10.85
During the past 13 years, Foseco India's highest Altman Z-Score was 18.53. The lowest was 7.62. And the median was 10.16.
Foseco India (NSE:FOSECOIND) 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.
Foseco India Altman Z-Score Related Terms
Foseco India Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Foseco India'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 Chemicals subindustry, Foseco India'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.
Foseco India Altman Z-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Foseco India's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Foseco India'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.
Foseco India'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
*
0.2637
+
1.4
*
0.2449
+
3.3
*
0.0879
+
0.6
*
15.9041
+
1.0
*
0.5093
=
11.00
* 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.
Foseco India (NSE:FOSECOIND) has a Altman Z-Score of 11.00 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Foseco India and its competitors. This is near median its historical median of 10.16. Over the past decade, Foseco India's Altman Z-Score has ranged from 7.62 to 18.53. According to the industry distribution chart, Foseco India ranks #189 out of 1567 companies in the Chemicals industry, placing it in the top 12.1%.
Is Foseco India's Altman Z-Score too high?
Foseco India's current Altman Z-Score of 11.00 is near median its 10-year median of 10.16. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 18.53. The Chemicals industry median Altman Z-Score is 3.13. Foseco India's value of 11.00 is 251.4% above this industry median. Based on the distribution chart, Foseco India ranks #189 out of 1567 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Foseco India has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Foseco India's Altman Z-Score compare to DOW?
According to the Chemicals industry distribution chart, Foseco India ranks #189 out of 1567 companies for Altman Z-Score. This places Foseco India in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.13. Foseco India's value of 11.00 is 251.4% above this benchmark. Historically, Foseco India's own Altman Z-Score has ranged from 7.62 to 18.53 over the past decade. While the company's 10-year median is 10.16 vs. the industry median of 3.13, Foseco India 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.13, based on 1,567 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. Foseco India's current Altman Z-Score of 11.00 is 251.4% 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 Foseco India and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foseco India's current Altman Z-Score is 11.00, which is near median its own 10-year median of 10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foseco India stock overvalued right now?
Based on GuruFocus' analysis, Foseco India (NSE:FOSECOIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹5,215.49, compared to a current price of ₹5,245.00 — trading 0.6% above its estimated fair value. The current Altman Z-Score is 11.00, which is near median its 10-year median of 10.16 and 251.4% above the Chemicals industry median of 3.13. Foseco India's overall GF Score™ is 89/100 with 2 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 Foseco India (NSE:FOSECOIND), the current Altman Z-Score is 11.00 as of Jul. 03, 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 Foseco India (NSE:FOSECOIND) Overvalued in 2026?
Based on GuruFocus' analysis, Foseco India stock appears to be overvalued.
The current stock price of ₹5,245.00 is trading 0.6% above its estimated GF Value™ of ₹5,215.49.
GuruFocus considers Foseco India to be Fairly Valued.
Key valuation signals for NSE:FOSECOIND:
Altman Z-Score: 11.00 (near median its 10-year median of 10.16)
GF Value™: ₹5,215.49 vs. price of ₹5,245.00 (0.6% above fair value)
Industry Position: 251.4% above the Chemicals median (#189 of 1567)
No single metric tells the full story. See the NSE:FOSECOIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foseco India Ltd is engaged in the manufacture of products used in the metallurgical industry. Its products are additives and consumables that improve the physical properties and performance of castings. Some of its products are; INSTA Coatings which is a water-based powder coating for ferrous castings, SEMO CC Coatings, and SEMCO FDC among others. The company supplies castings to various segments like Automotive, Tractors, General Engineering, Valves, Power, Railways, etc. The manufacturing activities are at Sanaswadi, Pune, and Puducherry. Its solutions are categorized as Foundry, Iron & Steel, and Industrial Processes. The company generates a majority of revenue from its business in India.
89GF Score
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