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 1.81 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.
Sterling and Wilson Renewable Energy has a Altman Z-Score of 1.81, indicating it is in Grey Zones. This implies that Sterling and Wilson Renewable Energy 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.
Sterling and Wilson Renewable Energy (NSE:SWSOLAR) 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.
* 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.
Sterling and Wilson Renewable Energy Altman Z-Score Chart
NSE:SWSOLAR vs FSLR, NXT, ENPH: Altman Z-Score Comparison
For the Solar subindustry, Sterling and Wilson Renewable Energy'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.
Sterling and Wilson Renewable Energy Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Sterling and Wilson Renewable Energy's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sterling and Wilson Renewable Energy's Altman Z-Score falls into.
Sterling and Wilson Renewable Energy 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.
* 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.
Sterling and Wilson Renewable Energy (NSE:SWSOLAR) has a Altman Z-Score of 1.81 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sterling and Wilson Renewable Energy and its competitors. This is 20% below median its historical median of 2.25. Over the past decade, Sterling and Wilson Renewable Energy's Altman Z-Score has ranged from 0.09 to 2.77. According to the industry distribution chart, Sterling and Wilson Renewable Energy ranks #811 out of 1014 companies in the Semiconductors industry, placing it in the top 80%.
Is Sterling and Wilson Renewable Energy's Altman Z-Score too high?
Sterling and Wilson Renewable Energy's current Altman Z-Score of 1.81 is 20% below median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 2.77. The Semiconductors industry median Altman Z-Score is 5.29. Sterling and Wilson Renewable Energy's value of 1.81 is 65.8% below this industry median. Based on the distribution chart, Sterling and Wilson Renewable Energy ranks #811 out of 1014 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Sterling and Wilson Renewable Energy has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sterling and Wilson Renewable Energy's Altman Z-Score compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Sterling and Wilson Renewable Energy ranks #811 out of 1014 companies for Altman Z-Score. This places Sterling and Wilson Renewable Energy in the lower half of its industry. The industry median Altman Z-Score is 5.29. Sterling and Wilson Renewable Energy's value of 1.81 is 65.8% below this benchmark. Historically, Sterling and Wilson Renewable Energy's own Altman Z-Score has ranged from 0.09 to 2.77 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 5.29, Sterling and Wilson Renewable Energy 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.29, based on 1,014 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. Sterling and Wilson Renewable Energy's current Altman Z-Score of 1.81 is 65.8% 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 Sterling and Wilson Renewable Energy and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sterling and Wilson Renewable Energy's current Altman Z-Score is 1.81, which is 20% below median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sterling and Wilson Renewable Energy stock overvalued right now?
Based on GuruFocus' analysis, Sterling and Wilson Renewable Energy (NSE:SWSOLAR) is currently considered Possible Value Trap. The stock's GF Value™ is ₹924.22, compared to a current price of ₹246.68 — trading 73.3% below its estimated fair value. The current Altman Z-Score is 1.81, which is 20% below median its 10-year median of 2.25 and 65.8% below the Semiconductors industry median of 5.29. Sterling and Wilson Renewable Energy's overall GF Score™ is 62/100 with 3 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 Sterling and Wilson Renewable Energy (NSE:SWSOLAR), the current Altman Z-Score is 1.81 as of Jun. 29, 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 Sterling and Wilson Renewable Energy (NSE:SWSOLAR) Overvalued in 2026?
Based on GuruFocus' analysis, Sterling and Wilson Renewable Energy stock appears to be undervalued.
The current stock price of ₹246.68 is trading 73.3% below its estimated GF Value™ of ₹924.22.
GuruFocus considers Sterling and Wilson Renewable Energy to be Possible Value Trap.
Key valuation signals for NSE:SWSOLAR:
Altman Z-Score: 1.81 (20% below median its 10-year median of 2.25)
GF Value™: ₹924.22 vs. price of ₹246.68 (73.3% below fair value)
Industry Position: 65.8% below the Semiconductors median (#811 of 1014)
No single metric tells the full story. See the NSE:SWSOLAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sterling and Wilson Renewable Energy Business Description
Sterling and Wilson Renewable Energy Ltd principal activity includes import, export and trading of solar modules, structures, invertors and related accessories, installation and maintenance of renewable energy power generating facilities and other related activities. It is also engaged in the business of setting up of power plants, solar energy systems, renewable energy systems or any other facility including Hybrid Energy Systems & Energy Storage (BESS) & (ESS) plants with predominantly non fossil fuels to generate power and to produce. Its segment is Engineering, Procurement and Construction ('EPC' business) and Operation and Maintenance service. The company has majority of sales from EPC business. Majority of revenue comes from India followed by Europe, and other countries.
62GF Score
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