Urban Enviro Waste Management (NSE:URBAN) Altman Z-Score: 3.20 (As of Aug. 30, 2026) — 27% Below Median

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NSE:URBAN Urban Enviro Waste Management Ltd NSE:URBAN
68 GF Score
Price ₹139.70
GF Value ₹326.03
Valuation Possible Value Trap
! 4 Warning Signs
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What is Urban Enviro Waste Management Altman Z-Score?

Urban Enviro Waste Management NSE:URBAN -0.60% 68 Altman Z-Score is 3.20 as of Aug. 30, 2026, which is 27% below its 10-year median of 4.40. GuruFocus rates NSE:URBAN with a GF Score™ of 68/100 and a GF Value™ of ₹326.03 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 237 Waste Management companies, Urban Enviro Waste Management ranks better than 71.73% 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 3.2 is strong.

Urban Enviro Waste Management has a Altman Z-Score of 3.20, 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 Urban Enviro Waste Management's Altman Z-Score or its related term are showing as below:

NSE:URBAN' s Altman Z-Score Range Over the Past 10 Years
Min: 3.14   Med: 4.4   Max: 5.22
Current: 3.2

During the past 7 years, Urban Enviro Waste Management's highest Altman Z-Score was 5.22. The lowest was 3.14. And the median was 4.40.


Urban Enviro Waste Management  (NSE:URBAN) 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.


Urban Enviro Waste Management Altman Z-Score Related Terms


Urban Enviro Waste Management Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Urban Enviro Waste Management'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.

Urban Enviro Waste Management Altman Z-Score Chart

Urban Enviro Waste Management Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 5.22 4.40 3.14

Urban Enviro Waste Management Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.22 0.00 4.40 0.00 3.14

NSE:URBAN vs WM, RSG, WCN: Altman Z-Score Comparison

For the Waste Management subindustry, Urban Enviro Waste Management'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.


Urban Enviro Waste Management Altman Z-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Urban Enviro Waste Management's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Urban Enviro Waste Management's Altman Z-Score falls into.


NSE:URBAN
68GF Score
Urban Enviro Waste Management Ltd NSE:URBAN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Urban Enviro Waste Management 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.

Urban Enviro Waste Management'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*0.3252+1.4*0+3.3*0.1893+0.6*1.3814+1.0*1.3558
=3.20

* 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 ₹1,343 Mil.
Total Current Assets was ₹1,007 Mil.
Total Current Liabilities was ₹570 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was ₹209 Mil.
Interest Expense was ₹-46 Mil.
Revenue was ₹1,821 Mil.
Market Cap (Today) was ₹1,210 Mil.
Total Liabilities was ₹876 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
=(1006.526 - 569.696)/1343.456
=0.3252

X2=Retained Earnings/Total Assets
=0/1343.456
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(208.596 - -45.69)/1343.456
=0.1893

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1209.802/875.793
=1.3814

X5=Revenue/Total Assets
=1821.396/1343.456
=1.3558

The zones of discrimination were as such:

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

Urban Enviro Waste Management has a Altman Z-Score of 3.20 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 3.20 mean?
Urban Enviro Waste Management (NSE:URBAN) has a Altman Z-Score of 3.20 as of Aug. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Urban Enviro Waste Management and its competitors. This is 27% below median its historical median of 4.40. Over the past decade, Urban Enviro Waste Management's Altman Z-Score has ranged from 3.14 to 5.22. According to the industry distribution chart, Urban Enviro Waste Management ranks #67 out of 237 companies in the Waste Management industry, placing it in the top 28.3%.
Is Urban Enviro Waste Management's Altman Z-Score too high?
Urban Enviro Waste Management's current Altman Z-Score of 3.20 is 27% below median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 5.22. The Waste Management industry median Altman Z-Score is 2.03. Urban Enviro Waste Management's value of 3.20 is 57.6% above this industry median. Based on the distribution chart, Urban Enviro Waste Management ranks #67 out of 237 companies in the Waste Management industry, which is above the industry midpoint. Overall, Urban Enviro Waste Management has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Urban Enviro Waste Management's Altman Z-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Urban Enviro Waste Management ranks #67 out of 237 companies for Altman Z-Score. This puts Urban Enviro Waste Management in the upper half of its industry. The industry median Altman Z-Score is 2.03. Urban Enviro Waste Management's value of 3.20 is 57.6% above this benchmark. Historically, Urban Enviro Waste Management's own Altman Z-Score has ranged from 3.14 to 5.22 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 2.03, Urban Enviro Waste Management 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 Waste Management company?
The median Altman Z-Score among Waste Management companies is 2.03, based on 237 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. Urban Enviro Waste Management's current Altman Z-Score of 3.20 is 57.6% 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 Urban Enviro Waste Management and its competitors. For the Waste Management industry, the median Altman Z-Score is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Urban Enviro Waste Management's current Altman Z-Score is 3.20, which is 27% below median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Urban Enviro Waste Management stock overvalued right now?
Based on GuruFocus' analysis, Urban Enviro Waste Management (NSE:URBAN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹326.03, compared to a current price of ₹139.70 — trading 57.2% below its estimated fair value. The current Altman Z-Score is 3.20, which is 27% below median its 10-year median of 4.40 and 57.6% above the Waste Management industry median of 2.03. Urban Enviro Waste Management's overall GF Score™ is 68/100 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 Urban Enviro Waste Management (NSE:URBAN), the current Altman Z-Score is 3.20 as of Aug. 30, 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 Urban Enviro Waste Management (NSE:URBAN) Overvalued in 2026?

Based on GuruFocus' analysis, Urban Enviro Waste Management stock appears to be undervalued. The current stock price of ₹139.70 is trading 57.2% below its estimated GF Value™ of ₹326.03. GuruFocus considers Urban Enviro Waste Management to be Possible Value Trap.

Key valuation signals for NSE:URBAN:

  • Altman Z-Score: 3.20 (27% below median its 10-year median of 4.40)
  • GF Value™: ₹326.03 vs. price of ₹139.70 (57.2% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 57.6% above the Waste Management median (#67 of 237)

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


Urban Enviro Waste Management Business Description

Address Gopal Nagar Road, 26, Matey Square, BPCL Petrol Pump, Nagpur, MH, IND, 440022
Urban Enviro Waste Management Ltd is engaged in the Indian MSW (Municipal Solid Waste) management industry, providing MSW services which include solid waste collection, transportation, segregation of waste, and processing and disposal services across the cities in Gujarat, Rajasthan, Maharashtra, and Chhattisgarh, catering to local municipalities. The company helps to maintain cleanliness and sanitation in urban areas. The company mainly operates in one segment, which comprises waste management, including Municipal Solid Waste, Biomedical, Industrial, slaughterhouse waste, and agricultural waste.
68GF Score

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

₹139.70
Price
₹326.03
GF Value