Kody TechnolabNSE:KODYTECH -0.12%31 Altman Z-Score is 28.07 as of Jul. 07, 2026, which is 39% below its 10-year median of 45.84. GuruFocus rates NSE:KODYTECH with a GF Score™ of 31/100. The stock has 8 warning signs investors should review. Among 2,759 Software companies, Kody Technolab ranks better than 96.77% 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 28.1 is strong.
Kody Technolab has a Altman Z-Score of 28.07, 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 Kody Technolab's Altman Z-Score or its related term are showing as below:
NSE:KODYTECH'
s Altman Z-Score Range Over the Past 10 Years
Min: 24.09 Med: 45.84 Max: 67.59
Current: 28.1
During the past 5 years, Kody Technolab's highest Altman Z-Score was 67.59. The lowest was 24.09. And the median was 45.84.
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.
Kody Technolab Altman Z-Score Related Terms
Kody Technolab Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Kody Technolab'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:KODYTECH vs IBM, ACN, FISV: Altman Z-Score Comparison
For the Information Technology Services subindustry, Kody Technolab'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.
Kody Technolab Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Kody Technolab's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Kody Technolab'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.
Kody Technolab'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
*
0.146
+
1.4
*
0.2118
+
3.3
*
0.2234
+
0.6
*
43.6908
+
1.0
*
0.6421
=
28.07
* 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.
Kody Technolab (NSE:KODYTECH) has a Altman Z-Score of 28.07 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kody Technolab and its competitors. This is 39% below median its historical median of 45.84. Over the past decade, Kody Technolab's Altman Z-Score has ranged from 24.09 to 67.59. According to the industry distribution chart, Kody Technolab ranks #89 out of 2759 companies in the Software industry, placing it in the top 3.2%.
Is Kody Technolab's Altman Z-Score too high?
Kody Technolab's current Altman Z-Score of 28.07 is 39% below median its 10-year median of 45.84. Over the past 10 years, this metric has ranged from a low of 24.09 to a high of 67.59. The Software industry median Altman Z-Score is 3.19. Kody Technolab's value of 28.07 is 779.9% above this industry median. Based on the distribution chart, Kody Technolab ranks #89 out of 2759 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Kody Technolab has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Kody Technolab's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, Kody Technolab ranks #89 out of 2759 companies for Altman Z-Score. This places Kody Technolab in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.19. Kody Technolab's value of 28.07 is 779.9% above this benchmark. Historically, Kody Technolab's own Altman Z-Score has ranged from 24.09 to 67.59 over the past decade. While the company's 10-year median is 45.84 vs. the industry median of 3.19, Kody Technolab 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 Software company?
The median Altman Z-Score among Software companies is 3.19, based on 2,759 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. Kody Technolab's current Altman Z-Score of 28.07 is 779.9% 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 Kody Technolab and its competitors. For the Software industry, the median Altman Z-Score is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kody Technolab's current Altman Z-Score is 28.07, which is 39% below median its own 10-year median of 45.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kody Technolab stock overvalued right now?
Kody Technolab (NSE:KODYTECH) has a current Altman Z-Score of 28.07. The current Altman Z-Score is 28.07, which is 39% below median its 10-year median of 45.84 and 779.9% above the Software industry median of 3.19. Kody Technolab's overall GF Score™ is 31/100 with 8 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 Kody Technolab (NSE:KODYTECH), the current Altman Z-Score is 28.07 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.
Kody Technolab Ltd is a company in the business of software development services to a diverse set of industries. It is a full-stack development company that provides creative and cutting-edge digital solutions to clients. It specializes in helping businesses undergo Digital Transformation by leveraging the latest technologies and trends. The company offers a wide range of services that include custom development, AI Consultation & Implementation, IOT Services, and IT consulting services.
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