Sundaram Clayton (NSE:SUNCLAY) Altman Z-Score: 2.05 (As of Jul. 13, 2026) — Near Median


NSE:SUNCLAY Sundaram Clayton Ltd NSE:SUNCLAY
54 GF Score
Price ₹1,346.00
GF Value ₹2,073.05
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Sundaram Clayton Altman Z-Score?

Sundaram Clayton NSE:SUNCLAY +1.99% 54 Altman Z-Score is 2.05 as of Jul. 13, 2026, which is 6% above its 10-year median of 1.94. GuruFocus rates NSE:SUNCLAY with a GF Score™ of 54/100 and a GF Value™ of ₹2,073.05 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 3,007 Industrial Products companies, Sundaram Clayton ranks worse than 74.09% 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 2.05 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.

Sundaram Clayton has a Altman Z-Score of 2.05, indicating it is in Grey Zones. This implies that Sundaram Clayton 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 Sundaram Clayton's Altman Z-Score or its related term are showing as below:

NSE:SUNCLAY' s Altman Z-Score Range Over the Past 10 Years
Min: 1.32   Med: 1.94   Max: 2.18
Current: 2.05

During the past 6 years, Sundaram Clayton's highest Altman Z-Score was 2.18. The lowest was 1.32. And the median was 1.94.


Sundaram Clayton  (NSE:SUNCLAY) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Sundaram Clayton Altman Z-Score Related Terms


Sundaram Clayton Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sundaram Clayton'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.

Sundaram Clayton Altman Z-Score Chart

Sundaram Clayton Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 1.32 2.18 1.94

Sundaram Clayton Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.18 2.05 1.71 1.42 1.94

NSE:SUNCLAY vs CRS, ATI, MLI: Altman Z-Score Comparison

For the Metal Fabrication subindustry, Sundaram Clayton'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.


Sundaram Clayton Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sundaram Clayton's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Sundaram Clayton's Altman Z-Score falls into.


NSE:SUNCLAY
54GF Score
Sundaram Clayton Ltd NSE:SUNCLAY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sundaram Clayton Altman Z-Score Calculation

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.

Sundaram Clayton'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*-0.0392+1.4*0.1001+3.3*0.1328+0.6*1.4973+1.0*0.6172
=2.05

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₹32,818 Mil.
Total Current Assets was ₹9,488 Mil.
Total Current Liabilities was ₹10,773 Mil.
Retained Earnings was ₹3,285 Mil.
Pre-Tax Income was 4832.8 + -447.3 + -584.5 + -520.7 = ₹3,280 Mil.
Interest Expense was -264.7 + -285.4 + -265.9 + -262.5 = ₹-1,079 Mil.
Revenue was 5181.1 + 5011.1 + 4947.5 + 5116.4 = ₹20,256 Mil.
Market Cap (Today) was ₹29,742 Mil.
Total Liabilities was ₹19,864 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(9487.7 - 10773.4)/32817.7
=-0.0392

X2=Retained Earnings/Total Assets
=3285.2/32817.7
=0.1001

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3280.3 - -1078.5)/32817.7
=0.1328

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=29742.477/19863.7
=1.4973

X5=Revenue/Total Assets
=20256.1/32817.7
=0.6172

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Sundaram Clayton has a Altman Z-Score of 2.05 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 2.05 mean?
Sundaram Clayton (NSE:SUNCLAY) has a Altman Z-Score of 2.05 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sundaram Clayton and its competitors. This is near median its historical median of 1.94. Over the past decade, Sundaram Clayton's Altman Z-Score has ranged from 1.32 to 2.18. According to the industry distribution chart, Sundaram Clayton ranks #2228 out of 3007 companies in the Industrial Products industry, placing it in the top 74.1%.
Is Sundaram Clayton's Altman Z-Score too high?
Sundaram Clayton's current Altman Z-Score of 2.05 is near median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 2.18. The Industrial Products industry median Altman Z-Score is 3.32. Sundaram Clayton's value of 2.05 is 38.3% below this industry median. Based on the distribution chart, Sundaram Clayton ranks #2228 out of 3007 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sundaram Clayton has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sundaram Clayton's Altman Z-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Sundaram Clayton ranks #2228 out of 3007 companies for Altman Z-Score. This places Sundaram Clayton in the lower half of its industry. The industry median Altman Z-Score is 3.32. Sundaram Clayton's value of 2.05 is 38.3% below this benchmark. Historically, Sundaram Clayton's own Altman Z-Score has ranged from 1.32 to 2.18 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 3.32, Sundaram Clayton 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.32, based on 3,007 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. Sundaram Clayton's current Altman Z-Score of 2.05 is 38.3% 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 Sundaram Clayton and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sundaram Clayton's current Altman Z-Score is 2.05, which is near median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sundaram Clayton stock overvalued right now?
Based on GuruFocus' analysis, Sundaram Clayton (NSE:SUNCLAY) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,073.05, compared to a current price of ₹1,346.00 — trading 35.1% below its estimated fair value. The current Altman Z-Score is 2.05, which is near median its 10-year median of 1.94 and 38.3% below the Industrial Products industry median of 3.32. Sundaram Clayton's overall GF Score™ is 54/100 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 Sundaram Clayton (NSE:SUNCLAY), the current Altman Z-Score is 2.05 as of Jul. 13, 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 Sundaram Clayton (NSE:SUNCLAY) Overvalued in 2026?

Based on GuruFocus' analysis, Sundaram Clayton stock appears to be undervalued. The current stock price of ₹1,346.00 is trading 35.1% below its estimated GF Value™ of ₹2,073.05. GuruFocus considers Sundaram Clayton to be Significantly Undervalued.

Key valuation signals for NSE:SUNCLAY:

  • Altman Z-Score: 2.05 (near median its 10-year median of 1.94)
  • GF Value™: ₹2,073.05 vs. price of ₹1,346.00 (35.1% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 38.3% below the Industrial Products median (#2228 of 3007)

No single metric tells the full story. See the NSE:SUNCLAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sundaram Clayton Business Description

Other Exchanges 544066:India
Address No. 12, Khader Nawaz Khan Road, Chaitanya, Nungambakkam, Chennai, TN, IND, 600006
Sundaram Clayton Ltd is a company engaged in providing Die castings to the automotive and non-automotive sectors. Geographically, the company derives maximum revenue from the domestic markets and the rest through exports.
54GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,346.00
Price
₹2,073.05
GF Value