Holmarc Opto-MechatronicsNSE:HOLMARC +4.97%71 Altman Z-Score is 10.95 as of Jul. 09, 2026, which is 29% below its 10-year median of 15.43. GuruFocus rates NSE:HOLMARC with a GF Score™ of 71/100 and a GF Value™ of ₹141.65 (Modestly Undervalued). Among 2,457 Hardware companies, Holmarc Opto-Mechatronics ranks better than 83.84% 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 10.45 is strong.
Holmarc Opto-Mechatronics has a Altman Z-Score of 10.95, 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 Holmarc Opto-Mechatronics's Altman Z-Score or its related term are showing as below:
NSE:HOLMARC'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.31 Med: 15.43 Max: 20.44
Current: 10.45
During the past 6 years, Holmarc Opto-Mechatronics's highest Altman Z-Score was 20.44. The lowest was 7.31. And the median was 15.43.
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:HOLMARC vs COHR, KEYS, GRMN: Altman Z-Score Comparison
For the Scientific & Technical Instruments subindustry, Holmarc Opto-Mechatronics'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.
Holmarc Opto-Mechatronics Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Holmarc Opto-Mechatronics's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Holmarc Opto-Mechatronics'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.
Holmarc Opto-Mechatronics (NSE:HOLMARC) has a Altman Z-Score of 10.95 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Holmarc Opto-Mechatronics and its competitors. This is 29% below median its historical median of 15.43. Over the past decade, Holmarc Opto-Mechatronics' Altman Z-Score has ranged from 7.31 to 20.44. According to the industry distribution chart, Holmarc Opto-Mechatronics ranks #397 out of 2457 companies in the Hardware industry, placing it in the top 16.2%.
Is Holmarc Opto-Mechatronics' Altman Z-Score too high?
Holmarc Opto-Mechatronics' current Altman Z-Score of 10.95 is 29% below median its 10-year median of 15.43. Over the past 10 years, this metric has ranged from a low of 7.31 to a high of 20.44. The Hardware industry median Altman Z-Score is 3.64. Holmarc Opto-Mechatronics' value of 10.95 is 200.8% above this industry median. Based on the distribution chart, Holmarc Opto-Mechatronics ranks #397 out of 2457 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Holmarc Opto-Mechatronics has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Holmarc Opto-Mechatronics' Altman Z-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, Holmarc Opto-Mechatronics ranks #397 out of 2457 companies for Altman Z-Score. This places Holmarc Opto-Mechatronics in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.64. Holmarc Opto-Mechatronics' value of 10.95 is 200.8% above this benchmark. Historically, Holmarc Opto-Mechatronics' own Altman Z-Score has ranged from 7.31 to 20.44 over the past decade. While the company's 10-year median is 15.43 vs. the industry median of 3.64, Holmarc Opto-Mechatronics 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 3.64, based on 2,457 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. Holmarc Opto-Mechatronics's current Altman Z-Score of 10.95 is 200.8% 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 Holmarc Opto-Mechatronics and its competitors. For the Hardware industry, the median Altman Z-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holmarc Opto-Mechatronics's current Altman Z-Score is 10.95, which is 29% below median its own 10-year median of 15.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holmarc Opto-Mechatronics stock overvalued right now?
Based on GuruFocus' analysis, Holmarc Opto-Mechatronics (NSE:HOLMARC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹141.65, compared to a current price of ₹103.40 — trading 27% below its estimated fair value. The current Altman Z-Score is 10.95, which is 29% below median its 10-year median of 15.43 and 200.8% above the Hardware industry median of 3.64. Holmarc Opto-Mechatronics' overall GF Score™ is 71/100. 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 Holmarc Opto-Mechatronics (NSE:HOLMARC), the current Altman Z-Score is 10.95 as of Jul. 09, 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 Holmarc Opto-Mechatronics (NSE:HOLMARC) Overvalued in 2026?
Based on GuruFocus' analysis, Holmarc Opto-Mechatronics stock appears to be undervalued.
The current stock price of ₹103.40 is trading 27% below its estimated GF Value™ of ₹141.65.
GuruFocus considers Holmarc Opto-Mechatronics to be Modestly Undervalued.
Key valuation signals for NSE:HOLMARC:
Altman Z-Score: 10.95 (29% below median its 10-year median of 15.43)
GF Value™: ₹141.65 vs. price of ₹103.40 (27% below fair value)
Industry Position: 200.8% above the Hardware median (#397 of 2457)
No single metric tells the full story. See the NSE:HOLMARC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Holmarc Opto-Mechatronics Ltd is engaged in manufacturing a variety of scientific and engineering instruments for research, industry, and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc.
71GF Score
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