Rico Auto IndustriesNSE:RICOAUTO -0.91%76 Altman Z-Score is 2.08 as of Jul. 07, 2026, which is 5% above its 10-year median of 1.99. GuruFocus rates NSE:RICOAUTO with a GF Score™ of 76/100 and a GF Value™ of ₹112.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Rico Auto Industries ranks worse than 62.39% 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.
Warning Sign:
Altman Z-score of 2.09 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Rico Auto Industries has a Altman Z-Score of 2.08, indicating it is in Grey Zones. This implies that Rico Auto Industries is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Rico Auto Industries's Altman Z-Score or its related term are showing as below:
NSE:RICOAUTO'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.46 Med: 1.99 Max: 3.07
Current: 2.09
During the past 13 years, Rico Auto Industries's highest Altman Z-Score was 3.07. The lowest was 1.46. And the median was 1.99.
Rico Auto Industries (NSE:RICOAUTO) 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.
Rico Auto Industries Altman Z-Score Related Terms
Rico Auto Industries Altman Z-Score Historical Data
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The historical data trend for Rico Auto Industries'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:RICOAUTO vs ORLY, AZO: Altman Z-Score Comparison
For the Auto Parts subindustry, Rico Auto Industries'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.
Rico Auto Industries Altman Z-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Rico Auto Industries's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Rico Auto Industries'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.
Rico Auto Industries'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
*
-0.0658
+
1.4
*
0
+
3.3
*
0.058
+
0.6
*
1.3529
+
1.0
*
1.1567
=
2.08
* 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.
Rico Auto Industries (NSE:RICOAUTO) has a Altman Z-Score of 2.08 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Rico Auto Industries and its competitors. This is near median its historical median of 1.99. Over the past decade, Rico Auto Industries' Altman Z-Score has ranged from 1.46 to 3.07. According to the industry distribution chart, Rico Auto Industries ranks #821 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 62.4%.
Is Rico Auto Industries' Altman Z-Score too high?
Rico Auto Industries' current Altman Z-Score of 2.08 is near median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 3.07. The Vehicles & Parts industry median Altman Z-Score is 2.58. Rico Auto Industries' value of 2.08 is 19.4% below this industry median. Based on the distribution chart, Rico Auto Industries ranks #821 out of 1316 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Rico Auto Industries has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rico Auto Industries' Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Rico Auto Industries ranks #821 out of 1316 companies for Altman Z-Score. This places Rico Auto Industries in the lower half of its industry. The industry median Altman Z-Score is 2.58. Rico Auto Industries' value of 2.08 is 19.4% below this benchmark. Historically, Rico Auto Industries' own Altman Z-Score has ranged from 1.46 to 3.07 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 2.58, Rico Auto Industries has consistently been below 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.58, based on 1,316 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. Rico Auto Industries's current Altman Z-Score of 2.08 is 19.4% below 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 Rico Auto Industries and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rico Auto Industries's current Altman Z-Score is 2.08, which is near median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rico Auto Industries stock overvalued right now?
Based on GuruFocus' analysis, Rico Auto Industries (NSE:RICOAUTO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹112.97, compared to a current price of ₹135.90 — trading 20.3% above its estimated fair value. The current Altman Z-Score is 2.08, which is near median its 10-year median of 1.99 and 19.4% below the Vehicles & Parts industry median of 2.58. Rico Auto Industries' overall GF Score™ is 76/100 with 6 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 Rico Auto Industries (NSE:RICOAUTO), the current Altman Z-Score is 2.08 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.
Is Rico Auto Industries (NSE:RICOAUTO) Overvalued in 2026?
Based on GuruFocus' analysis, Rico Auto Industries stock appears to be overvalued.
The current stock price of ₹135.90 is trading 20.3% above its estimated GF Value™ of ₹112.97.
GuruFocus considers Rico Auto Industries to be Modestly Overvalued.
Key valuation signals for NSE:RICOAUTO:
Altman Z-Score: 2.08 (near median its 10-year median of 1.99)
GF Value™: ₹112.97 vs. price of ₹135.90 (20.3% above fair value)
Industry Position: 19.4% below the Vehicles & Parts median (#821 of 1316)
No single metric tells the full story. See the NSE:RICOAUTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rico Auto Industries Ltd is an engineering group focused on the automobile industry, manufacturing and selling auto components for two-wheelers and four-wheelers. It supplies a broad range of high-precision, fully machined aluminum and ferrous components and assemblies to Original Equipment Manufacturers across the globe. The group's integrated services include design, development, tooling, casting, machining, assembly, and research and development across aluminum and ferrous products. Its product portfolio comprises oil pump assemblies, fuel system parts, lube oil filter heads, exhaust manifolds, turbine housings, gear housings, valve covers, and others. Geographically, the group generates a majority of its revenue from its business in India.
76GF Score
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