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Namo eWaste ManagementNSE:NAMOEWASTE -1.54%16 Altman Z-Score is 35.01 as of Aug. 03, 2026, which is 67% above its 10-year median of 20.95. GuruFocus rates NSE:NAMOEWASTE with a GF Score™ of 16/100. The stock has 7 warning signs investors should review. Among 235 Waste Management companies, Namo eWaste Management ranks better than 99.57% 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 35.48 is strong.
Namo eWaste Management has a Altman Z-Score of 35.01, 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 Namo eWaste Management's Altman Z-Score or its related term are showing as below:
NSE:NAMOEWASTE'
s Altman Z-Score Range Over the Past 10 Years
Min: 20.95 Med: 20.95 Max: 35.48
Current: 35.48
During the past 4 years, Namo eWaste Management's highest Altman Z-Score was 35.48. The lowest was 20.95. And the median was 20.95.
Namo eWaste Management (NSE:NAMOEWASTE) 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.
Namo eWaste Management Altman Z-Score Related Terms
Namo eWaste Management Altman Z-Score Historical Data
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The historical data trend for Namo eWaste Management'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:NAMOEWASTE vs WM, RSG, WCN: Altman Z-Score Comparison
For the Waste Management subindustry, Namo eWaste Management'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.
Namo eWaste Management Altman Z-Score vs Waste Management Industry
For the Waste Management industry and Industrials sector, Namo eWaste Management's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Namo eWaste Management'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.
Namo eWaste Management (NSE:NAMOEWASTE) has a Altman Z-Score of 35.01 as of Aug. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Namo eWaste Management and its competitors. This is 67% above median its historical median of 20.95. Over the past decade, Namo eWaste Management's Altman Z-Score has ranged from 20.95 to 35.48. According to the industry distribution chart, Namo eWaste Management ranks #1 out of 235 companies in the Waste Management industry, placing it in the top 0.40000000000001%.
Is Namo eWaste Management's Altman Z-Score too high?
Namo eWaste Management's current Altman Z-Score of 35.01 is 67% above median its 10-year median of 20.95. Over the past 10 years, this metric has ranged from a low of 20.95 to a high of 35.48. The Waste Management industry median Altman Z-Score is 1.96. Namo eWaste Management's value of 35.01 is 1686.2% above this industry median. Based on the distribution chart, Namo eWaste Management ranks #1 out of 235 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Namo eWaste Management has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Namo eWaste Management's Altman Z-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Namo eWaste Management ranks #1 out of 235 companies for Altman Z-Score. This places Namo eWaste Management in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.96. Namo eWaste Management's value of 35.01 is 1686.2% above this benchmark. Historically, Namo eWaste Management's own Altman Z-Score has ranged from 20.95 to 35.48 over the past decade. While the company's 10-year median is 20.95 vs. the industry median of 1.96, Namo eWaste Management 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 Waste Management company?
The median Altman Z-Score among Waste Management companies is 1.96, based on 235 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. Namo eWaste Management's current Altman Z-Score of 35.01 is 1686.2% 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 Namo eWaste Management and its competitors. For the Waste Management industry, the median Altman Z-Score is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Namo eWaste Management's current Altman Z-Score is 35.01, which is 67% above median its own 10-year median of 20.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Namo eWaste Management stock overvalued right now?
Namo eWaste Management (NSE:NAMOEWASTE) has a current Altman Z-Score of 35.01. The current Altman Z-Score is 35.01, which is 67% above median its 10-year median of 20.95 and 1686.2% above the Waste Management industry median of 1.96. Namo eWaste Management's overall GF Score™ is 16/100 with 7 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 Namo eWaste Management (NSE:NAMOEWASTE), the current Altman Z-Score is 35.01 as of Aug. 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.
Namo eWaste Management Ltd is an E-Waste collection, disposal and recycling company that offers comprehensive services for recycling of electrical and electronic equipment (EEE) waste like Air Conditioners, refrigerators, Laptop, Phones, Washing Machines, Fans, etc. It is committed towards managing large volumes of electrical and electronic equipment waste and is able to extract all of the components of an electrical item including precious and semi-precious metals like Copper, Aluminium, Iron, etc.
16GF Score
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