Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 8.55 is strong.
Teamtech Formwork Solutions has a Altman Z-Score of 8.55, 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 Teamtech Formwork Solutions's Altman Z-Score or its related term are showing as below:
NSE:TEAMTECH'
s Altman Z-Score Range Over the Past 10 Years
Min: 0 Med: 0 Max: 8.55
Current: 8.55
During the past 3 years, Teamtech Formwork Solutions's highest Altman Z-Score was 8.55. The lowest was 0.00. And the median was 0.00.
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.
Teamtech Formwork Solutions Altman Z-Score Chart
Teamtech Formwork Solutions Annual Data
Trend
Mar24
Mar25
Mar26
Altman Z-Score
0.00
0.00
0.00
Teamtech Formwork Solutions Semi-Annual Data
Mar24
Mar25
Mar26
Altman Z-Score
0.00
0.00
0.00
NSE:TEAMTECH vs CRH, VMC, MLM: Altman Z-Score Comparison
For the Building Materials subindustry, Teamtech Formwork Solutions'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.
Teamtech Formwork Solutions Altman Z-Score vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Teamtech Formwork Solutions's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Teamtech Formwork Solutions'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.
Teamtech Formwork Solutions (NSE:TEAMTECH) has a Altman Z-Score of 8.55 as of Aug. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Teamtech Formwork Solutions and its competitors. According to the industry distribution chart, Teamtech Formwork Solutions ranks #30 out of 400 companies in the Building Materials industry, placing it in the top 7.5%.
Is Teamtech Formwork Solutions' Altman Z-Score too high?
Teamtech Formwork Solutions' current Altman Z-Score is 8.55. The Building Materials industry median Altman Z-Score is 2.30. Teamtech Formwork Solutions' value of 8.55 is 272.5% above this industry median. Based on the distribution chart, Teamtech Formwork Solutions ranks #30 out of 400 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Teamtech Formwork Solutions has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Teamtech Formwork Solutions' Altman Z-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Teamtech Formwork Solutions ranks #30 out of 400 companies for Altman Z-Score. This places Teamtech Formwork Solutions in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.30. Teamtech Formwork Solutions' value of 8.55 is 272.5% above this benchmark. 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 Building Materials company?
The median Altman Z-Score among Building Materials companies is 2.30, based on 400 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. Teamtech Formwork Solutions's current Altman Z-Score of 8.55 is 272.5% 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 Teamtech Formwork Solutions and its competitors. For the Building Materials industry, the median Altman Z-Score is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teamtech Formwork Solutions's current Altman Z-Score is 8.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teamtech Formwork Solutions stock overvalued right now?
Teamtech Formwork Solutions (NSE:TEAMTECH) has a current Altman Z-Score of 8.55. The current Altman Z-Score is 8.55 and 272.5% above the Building Materials industry median of 2.30. Teamtech Formwork Solutions' overall GF Score™ is 19/100 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 Teamtech Formwork Solutions (NSE:TEAMTECH), the current Altman Z-Score is 8.55 as of Aug. 09, 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.
Teamtech Formwork Solutions Ltd operates on business-to-business (B2B) model and is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry. Its products include vertical modular formwork systems designed for vertical concrete structures such as foundations, walls, shafts, tanks, bridges, circular walls, and other structural elements. The majority of the company's revenue is derived from the sale of Standard Panel. Geographically, it also has a presence in the UAE, Bahrain, and Bhutan. The maximum revenue is derived from its product sales in India.
19GF Score
Get the complete analysis for NSE:TEAMTECH
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:TEAMTECH has been successfully added to your 
