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Sahana SystemNSE:SAHANA +0.05%70 Altman Z-Score is 10.52 as of Jul. 17, 2026, which is 17% below its 10-year median of 12.69. GuruFocus rates NSE:SAHANA with a GF Score™ of 70/100. The stock has 4 warning signs investors should review. Among 2,765 Software companies, Sahana System ranks better than 87.34% 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 9.88 is strong.
Sahana System has a Altman Z-Score of 10.52, 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 Sahana System's Altman Z-Score or its related term are showing as below:
NSE:SAHANA'
s Altman Z-Score Range Over the Past 10 Years
Min: 9.88 Med: 12.69 Max: 13
Current: 9.88
During the past 6 years, Sahana System's highest Altman Z-Score was 13.00. The lowest was 9.88. And the median was 12.69.
Sahana System (NSE:SAHANA) 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.
Sahana System Altman Z-Score Related Terms
Sahana System Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Sahana System'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:SAHANA vs IBM, ACN, FISV: Altman Z-Score Comparison
For the Information Technology Services subindustry, Sahana System'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.
Sahana System Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Sahana System's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sahana System'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.
Sahana System'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
*
0.4888
+
1.4
*
0.2306
+
3.3
*
0.2283
+
0.6
*
13.6367
+
1.0
*
0.675
=
10.52
* 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.
Sahana System (NSE:SAHANA) has a Altman Z-Score of 10.52 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sahana System and its competitors. This is 17% below median its historical median of 12.69. Over the past decade, Sahana System's Altman Z-Score has ranged from 9.88 to 13.00. According to the industry distribution chart, Sahana System ranks #350 out of 2765 companies in the Software industry, placing it in the top 12.7%.
Is Sahana System's Altman Z-Score too high?
Sahana System's current Altman Z-Score of 10.52 is 17% below median its 10-year median of 12.69. Over the past 10 years, this metric has ranged from a low of 9.88 to a high of 13.00. The Software industry median Altman Z-Score is 3.17. Sahana System's value of 10.52 is 231.9% above this industry median. Based on the distribution chart, Sahana System ranks #350 out of 2765 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Sahana System has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Sahana System's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, Sahana System ranks #350 out of 2765 companies for Altman Z-Score. This places Sahana System in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.17. Sahana System's value of 10.52 is 231.9% above this benchmark. Historically, Sahana System's own Altman Z-Score has ranged from 9.88 to 13.00 over the past decade. While the company's 10-year median is 12.69 vs. the industry median of 3.17, Sahana System 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 3.17, based on 2,765 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. Sahana System's current Altman Z-Score of 10.52 is 231.9% 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 Sahana System and its competitors. For the Software industry, the median Altman Z-Score is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahana System's current Altman Z-Score is 10.52, which is 17% below median its own 10-year median of 12.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahana System stock overvalued right now?
Sahana System (NSE:SAHANA) has a current Altman Z-Score of 10.52. The current Altman Z-Score is 10.52, which is 17% below median its 10-year median of 12.69 and 231.9% above the Software industry median of 3.17. Sahana System's overall GF Score™ is 70/100 with 4 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 Sahana System (NSE:SAHANA), the current Altman Z-Score is 10.52 as of Jul. 17, 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.
Sahana System Ltd is engaged in the business of offering IT-related services including web app development, mobile application development, AI & ML development, ChatBot development, product prototyping, graphics designing, UI-UX design, SEO & ASO, digital marketing, website & application migration, cyber security and outsourcing of IT services. The company is also engaged in the trading of hardware instruments related to Franking Machines, Computers, LEDs, Laptops, and others. The segments of the company are IT Services and Hardware Trading.
70GF Score
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