IKIO TechnologiesNSE:IKIO +19.14%78 Altman Z-Score is 7.50 as of Jul. 04, 2026, which is 35% below its 10-year median of 11.46. GuruFocus rates NSE:IKIO with a GF Score™ of 78/100 and a GF Value™ of ₹353.32 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,456 Hardware companies, IKIO Technologies ranks better than 71.05% 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 6.09 is strong.
IKIO Technologies has a Altman Z-Score of 7.50, 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 IKIO Technologies's Altman Z-Score or its related term are showing as below:
NSE:IKIO'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.62 Med: 11.46 Max: 14.46
Current: 6.09
During the past 7 years, IKIO Technologies's highest Altman Z-Score was 14.46. The lowest was 4.62. And the median was 11.46.
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.
IKIO Technologies Altman Z-Score Related Terms
IKIO Technologies Altman Z-Score Historical Data
* Premium members only.
The historical data trend for IKIO Technologies'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 Electronic Components subindustry, IKIO Technologies'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.
IKIO Technologies Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, IKIO Technologies's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where IKIO Technologies'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.
IKIO Technologies'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
*
0.3679
+
1.4
*
0
+
3.3
*
0.0798
+
0.6
*
10.0296
+
1.0
*
0.776
=
7.50
* 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.
IKIO Technologies (NSE:IKIO) has a Altman Z-Score of 7.50 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on IKIO Technologies and its competitors. This is 35% below median its historical median of 11.46. Over the past decade, IKIO Technologies' Altman Z-Score has ranged from 4.62 to 14.46. According to the industry distribution chart, IKIO Technologies ranks #711 out of 2456 companies in the Hardware industry, placing it in the top 28.9%.
Is IKIO Technologies' Altman Z-Score too high?
IKIO Technologies' current Altman Z-Score of 7.50 is 35% below median its 10-year median of 11.46. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 14.46. The Hardware industry median Altman Z-Score is 3.59. IKIO Technologies' value of 7.50 is 108.9% above this industry median. Based on the distribution chart, IKIO Technologies ranks #711 out of 2456 companies in the Hardware industry, which is above the industry midpoint. Overall, IKIO Technologies has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IKIO Technologies' Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, IKIO Technologies ranks #711 out of 2456 companies for Altman Z-Score. This puts IKIO Technologies in the upper half of its industry. The industry median Altman Z-Score is 3.59. IKIO Technologies' value of 7.50 is 108.9% above this benchmark. Historically, IKIO Technologies' own Altman Z-Score has ranged from 4.62 to 14.46 over the past decade. While the company's 10-year median is 11.46 vs. the industry median of 3.59, IKIO Technologies 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 3.59, based on 2,456 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. IKIO Technologies's current Altman Z-Score of 7.50 is 108.9% 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 IKIO Technologies and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IKIO Technologies's current Altman Z-Score is 7.50, which is 35% below median its own 10-year median of 11.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IKIO Technologies stock overvalued right now?
Based on GuruFocus' analysis, IKIO Technologies (NSE:IKIO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹353.32, compared to a current price of ₹202.82 — trading 42.6% below its estimated fair value. The current Altman Z-Score is 7.50, which is 35% below median its 10-year median of 11.46 and 108.9% above the Hardware industry median of 3.59. IKIO Technologies' overall GF Score™ is 78/100 with 3 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 IKIO Technologies (NSE:IKIO), the current Altman Z-Score is 7.50 as of Jul. 04, 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 IKIO Technologies (NSE:IKIO) Overvalued in 2026?
Based on GuruFocus' analysis, IKIO Technologies stock appears to be undervalued.
The current stock price of ₹202.82 is trading 42.6% below its estimated GF Value™ of ₹353.32.
GuruFocus considers IKIO Technologies to be Possible Value Trap.
Key valuation signals for NSE:IKIO:
Altman Z-Score: 7.50 (35% below median its 10-year median of 11.46)
GF Value™: ₹353.32 vs. price of ₹202.82 (42.6% below fair value)
Industry Position: 108.9% above the Hardware median (#711 of 2456)
No single metric tells the full story. See the NSE:IKIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IKIO Technologies Ltd is an Indian manufacturer of light-emitting diode (LED) lighting solutions. The company is focused on sustainability and providing low-energy LED products to help India meet its sustainability goals. The company is an original design manufacturer (ODM) and designs, develops, manufactures, and supplies products to customers who further distribute them under their brands. The products are categorized as LED lighting, refrigeration lights, ABS (acrylonitrile butadiene styrene) piping, and other products.
78GF Score
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