Touchwood Entertainment (NSE:TOUCHWOOD) Altman Z-Score: 6.00 (As of Jul. 13, 2026) — 25% Below Median


NSE:TOUCHWOOD Touchwood Entertainment Ltd NSE:TOUCHWOOD
77 GF Score
Price ₹69.11
GF Value ₹305.63
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Touchwood Entertainment Altman Z-Score?

Touchwood Entertainment NSE:TOUCHWOOD +2.22% 77 Altman Z-Score is 6.00 as of Jul. 13, 2026, which is 25% below its 10-year median of 8.05. GuruFocus rates NSE:TOUCHWOOD with a GF Score™ of 77/100 and a GF Value™ of ₹305.63 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,009 Media - Diversified companies, Touchwood Entertainment ranks better than 88.6% 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 6 is strong.

Touchwood Entertainment has a Altman Z-Score of 6.00, 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 Touchwood Entertainment's Altman Z-Score or its related term are showing as below:

NSE:TOUCHWOOD' s Altman Z-Score Range Over the Past 10 Years
Min: 2.13   Med: 8.05   Max: 23.96
Current: 6

During the past 13 years, Touchwood Entertainment's highest Altman Z-Score was 23.96. The lowest was 2.13. And the median was 8.05.


Touchwood Entertainment  (NSE:TOUCHWOOD) 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.


Touchwood Entertainment Altman Z-Score Related Terms


Touchwood Entertainment Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Touchwood Entertainment'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.

Touchwood Entertainment Altman Z-Score Chart

Touchwood Entertainment Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.96 15.06 15.27 9.20 5.59

Touchwood Entertainment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.20 12.90 7.84 7.56 5.59

NSE:TOUCHWOOD vs APP, OMC, TTD: Altman Z-Score Comparison

For the Advertising Agencies subindustry, Touchwood Entertainment'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.


Touchwood Entertainment Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Touchwood Entertainment's Altman Z-Score distribution charts can be found below:

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


NSE:TOUCHWOOD
77GF Score
Touchwood Entertainment Ltd NSE:TOUCHWOOD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Touchwood Entertainment 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.

Touchwood Entertainment'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*0.6184+1.4*0+3.3*0.103+0.6*6.0362+1.0*1.2987
=6.00

* 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 ₹574.3 Mil.
Total Current Assets was ₹447.0 Mil.
Total Current Liabilities was ₹91.9 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was 10.675 + 23.039 + 5.332 + 16.497 = ₹55.5 Mil.
Interest Expense was -0.91 + -1.177 + -1.194 + -0.307 = ₹-3.6 Mil.
Revenue was 279.441 + 241.017 + 56.329 + 169.014 = ₹745.8 Mil.
Market Cap (Today) was ₹765.8 Mil.
Total Liabilities was ₹126.9 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
=(446.967 - 91.856)/574.286
=0.6184

X2=Retained Earnings/Total Assets
=0/574.286
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(55.543 - -3.588)/574.286
=0.103

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=765.825/126.872
=6.0362

X5=Revenue/Total Assets
=745.801/574.286
=1.2987

The zones of discrimination were as such:

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

Touchwood Entertainment has a Altman Z-Score of 6.00 indicating it is in Safe 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 6.00 mean?
Touchwood Entertainment (NSE:TOUCHWOOD) has a Altman Z-Score of 6.00 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Touchwood Entertainment and its competitors. This is 25% below median its historical median of 8.05. Over the past decade, Touchwood Entertainment's Altman Z-Score has ranged from 2.13 to 23.96. According to the industry distribution chart, Touchwood Entertainment ranks #115 out of 1009 companies in the Media - Diversified industry, placing it in the top 11.4%.
Is Touchwood Entertainment's Altman Z-Score too high?
Touchwood Entertainment's current Altman Z-Score of 6.00 is 25% below median its 10-year median of 8.05. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 23.96. The Media - Diversified industry median Altman Z-Score is 1.99. Touchwood Entertainment's value of 6.00 is 201.5% above this industry median. Based on the distribution chart, Touchwood Entertainment ranks #115 out of 1009 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Touchwood Entertainment has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Touchwood Entertainment's Altman Z-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Touchwood Entertainment ranks #115 out of 1009 companies for Altman Z-Score. This places Touchwood Entertainment in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.99. Touchwood Entertainment's value of 6.00 is 201.5% above this benchmark. Historically, Touchwood Entertainment's own Altman Z-Score has ranged from 2.13 to 23.96 over the past decade. While the company's 10-year median is 8.05 vs. the industry median of 1.99, Touchwood Entertainment 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.99, based on 1,009 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. Touchwood Entertainment's current Altman Z-Score of 6.00 is 201.5% 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 Touchwood Entertainment and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Touchwood Entertainment's current Altman Z-Score is 6.00, which is 25% below median its own 10-year median of 8.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Touchwood Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Touchwood Entertainment (NSE:TOUCHWOOD) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹305.63, compared to a current price of ₹69.11 — trading 77.4% below its estimated fair value. The current Altman Z-Score is 6.00, which is 25% below median its 10-year median of 8.05 and 201.5% above the Media - Diversified industry median of 1.99. Touchwood Entertainment's overall GF Score™ is 77/100 with 2 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 Touchwood Entertainment (NSE:TOUCHWOOD), the current Altman Z-Score is 6.00 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 Touchwood Entertainment (NSE:TOUCHWOOD) Overvalued in 2026?

Based on GuruFocus' analysis, Touchwood Entertainment stock appears to be undervalued. The current stock price of ₹69.11 is trading 77.4% below its estimated GF Value™ of ₹305.63. GuruFocus considers Touchwood Entertainment to be Significantly Undervalued.

Key valuation signals for NSE:TOUCHWOOD:

  • Altman Z-Score: 6.00 (25% below median its 10-year median of 8.05)
  • GF Value™: ₹305.63 vs. price of ₹69.11 (77.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 201.5% above the Media - Diversified median (#115 of 1009)

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


Touchwood Entertainment Business Description

Address 26, Thapar Farms Church Road, Mall Road, Opposite Shanti Kunj Main, Vasant kunj, New Delhi, IND, 110070
Touchwood Entertainment Ltd specializes in event management. The company offers clients a complete variety of event facilities, ranging from event planning and marketing to production and legal services for events. The services of the company include Destination Weddings, Live Events, Political activations, and Design and Decor, amongst others. Its operating segments include event management, construction services, and trading activities. It generates the majority of its revenue from the Event management services segment.
77GF Score

Get the complete analysis for NSE:TOUCHWOOD

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

₹69.11
Price
₹305.63
GF Value