TVS ElectronicsNSE:TVSELECT -0.79%75 Altman Z-Score is 4.88 as of Jul. 03, 2026, which is 12% above its 10-year median of 4.36. GuruFocus rates NSE:TVSELECT with a GF Score™ of 75/100 and a GF Value™ of ₹450.94 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,456 Hardware companies, TVS Electronics ranks better than 62.62% 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 4.83 is strong.
TVS Electronics has a Altman Z-Score of 4.88, 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 TVS Electronics's Altman Z-Score or its related term are showing as below:
NSE:TVSELECT'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.55 Med: 4.36 Max: 20.59
Current: 4.83
During the past 13 years, TVS Electronics's highest Altman Z-Score was 20.59. The lowest was 2.55. And the median was 4.36.
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.
TVS Electronics Altman Z-Score Related Terms
TVS Electronics Altman Z-Score Historical Data
* Premium members only.
The historical data trend for TVS Electronics'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:TVSELECT vs SNDK, DELL, STX: Altman Z-Score Comparison
For the Computer Hardware subindustry, TVS Electronics'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.
TVS Electronics Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, TVS Electronics's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where TVS Electronics'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.
TVS Electronics'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
*
0.1121
+
1.4
*
0
+
3.3
*
0.0263
+
0.6
*
5.0736
+
1.0
*
1.6101
=
4.88
* 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.
TVS Electronics (NSE:TVSELECT) has a Altman Z-Score of 4.88 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on TVS Electronics and its competitors. This is 12% above median its historical median of 4.36. Over the past decade, TVS Electronics' Altman Z-Score has ranged from 2.55 to 20.59. According to the industry distribution chart, TVS Electronics ranks #918 out of 2456 companies in the Hardware industry, placing it in the top 37.4%.
Is TVS Electronics' Altman Z-Score too high?
TVS Electronics' current Altman Z-Score of 4.88 is 12% above median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 2.55 to a high of 20.59. The Hardware industry median Altman Z-Score is 3.59. TVS Electronics' value of 4.88 is 35.9% above this industry median. Based on the distribution chart, TVS Electronics ranks #918 out of 2456 companies in the Hardware industry, which is above the industry midpoint. Overall, TVS Electronics has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVS Electronics' Altman Z-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, TVS Electronics ranks #918 out of 2456 companies for Altman Z-Score. This puts TVS Electronics in the upper half of its industry. The industry median Altman Z-Score is 3.59. TVS Electronics' value of 4.88 is 35.9% above this benchmark. Historically, TVS Electronics' own Altman Z-Score has ranged from 2.55 to 20.59 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 3.59, TVS Electronics 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, based on 2,456 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. TVS Electronics's current Altman Z-Score of 4.88 is 35.9% 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 TVS Electronics and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVS Electronics's current Altman Z-Score is 4.88, which is 12% above median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVS Electronics stock overvalued right now?
Based on GuruFocus' analysis, TVS Electronics (NSE:TVSELECT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹450.94, compared to a current price of ₹506.35 — trading 12.3% above its estimated fair value. The current Altman Z-Score is 4.88, which is 12% above median its 10-year median of 4.36 and 35.9% above the Hardware industry median of 3.59. TVS Electronics' overall GF Score™ is 75/100 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 TVS Electronics (NSE:TVSELECT), the current Altman Z-Score is 4.88 as of Jul. 03, 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 TVS Electronics (NSE:TVSELECT) Overvalued in 2026?
Based on GuruFocus' analysis, TVS Electronics stock appears to be overvalued.
The current stock price of ₹506.35 is trading 12.3% above its estimated GF Value™ of ₹450.94.
GuruFocus considers TVS Electronics to be Modestly Overvalued.
Key valuation signals for NSE:TVSELECT:
Altman Z-Score: 4.88 (12% above median its 10-year median of 4.36)
GF Value™: ₹450.94 vs. price of ₹506.35 (12.3% above fair value)
Industry Position: 35.9% above the Hardware median (#918 of 2456)
No single metric tells the full story. See the NSE:TVSELECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that designs, manufactures, assembles, markets, sells, and services various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.
75GF Score
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