Visaman Globalles (NSE:VISAMAN) Altman Z-Score: 4.46 (As of Jul. 02, 2026) — 23% Above Median


NSE:VISAMAN Visaman Global Sales Ltd NSE:VISAMAN
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What is Visaman Globalles Altman Z-Score?

Visaman Globalles NSE:VISAMAN 13 Altman Z-Score is 4.46 as of Jul. 02, 2026, which is 23% above its 10-year median of 3.63. GuruFocus rates NSE:VISAMAN with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 153 Industrial Distribution companies, Visaman Globalles ranks better than 75.82% 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 4.46 is strong.

Visaman Globalles has a Altman Z-Score of 4.46, 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 Visaman Globalles's Altman Z-Score or its related term are showing as below:

NSE:VISAMAN' s Altman Z-Score Range Over the Past 10 Years
Min: 3.63   Med: 3.63   Max: 4.46
Current: 4.46

During the past 5 years, Visaman Globalles's highest Altman Z-Score was 4.46. The lowest was 3.63. And the median was 3.63.


Visaman Globalles  (NSE:VISAMAN) 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.


Visaman Globalles Altman Z-Score Related Terms


Visaman Globalles Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Visaman Globalles'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.

Visaman Globalles Altman Z-Score Chart

Visaman Globalles Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z-Score
0.00 0.00 0.00 0.00 3.63

Visaman Globalles Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 0.00 3.63 0.00

NSE:VISAMAN vs GWW, FAST, FERG: Altman Z-Score Comparison

For the Industrial Distribution subindustry, Visaman Globalles'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.


Visaman Globalles Altman Z-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Visaman Globalles's Altman Z-Score distribution charts can be found below:

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


NSE:VISAMAN
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Visaman Global Sales Ltd NSE:VISAMAN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Visaman Globalles 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.

Visaman Globalles'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*0.2083+1.4*0.0353+3.3*0.0741+0.6*2.0857+1.0*2.6679
=4.46

* 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. 2025:
Total Assets was ₹994 Mil.
Total Current Assets was ₹905 Mil.
Total Current Liabilities was ₹698 Mil.
Retained Earnings was ₹35 Mil.
Pre-Tax Income was ₹25 Mil.
Interest Expense was ₹-49 Mil.
Revenue was ₹2,653 Mil.
Market Cap (Today) was ₹1,486 Mil.
Total Liabilities was ₹713 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
=(904.918 - 697.812)/994.32
=0.2083

X2=Retained Earnings/Total Assets
=35.094/994.32
=0.0353

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(24.845 - -48.8)/994.32
=0.0741

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1486.171/712.54
=2.0857

X5=Revenue/Total Assets
=2652.756/994.32
=2.6679

The zones of discrimination were as such:

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

Visaman Globalles has a Altman Z-Score of 4.46 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 4.46 mean?
Visaman Globalles (NSE:VISAMAN) has a Altman Z-Score of 4.46 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Visaman Globalles and its competitors. This is 23% above median its historical median of 3.63. Over the past decade, Visaman Globalles' Altman Z-Score has ranged from 3.63 to 4.46. According to the industry distribution chart, Visaman Globalles ranks #37 out of 153 companies in the Industrial Distribution industry, placing it in the top 24.2%.
Is Visaman Globalles' Altman Z-Score too high?
Visaman Globalles' current Altman Z-Score of 4.46 is 23% above median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 4.46. The Industrial Distribution industry median Altman Z-Score is 3.25. Visaman Globalles' value of 4.46 is 37.2% above this industry median. Based on the distribution chart, Visaman Globalles ranks #37 out of 153 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Visaman Globalles has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Visaman Globalles' Altman Z-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Visaman Globalles ranks #37 out of 153 companies for Altman Z-Score. This places Visaman Globalles in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.25. Visaman Globalles' value of 4.46 is 37.2% above this benchmark. Historically, Visaman Globalles' own Altman Z-Score has ranged from 3.63 to 4.46 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 3.25, Visaman Globalles 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 an Industrial Distribution company?
The median Altman Z-Score among Industrial Distribution companies is 3.25, based on 153 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. Visaman Globalles's current Altman Z-Score of 4.46 is 37.2% 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 Visaman Globalles and its competitors. For the Industrial Distribution industry, the median Altman Z-Score is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visaman Globalles's current Altman Z-Score is 4.46, which is 23% above median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visaman Globalles stock overvalued right now?
Visaman Globalles (NSE:VISAMAN) has a current Altman Z-Score of 4.46. The current Altman Z-Score is 4.46, which is 23% above median its 10-year median of 3.63 and 37.2% above the Industrial Distribution industry median of 3.25. Visaman Globalles' overall GF Score™ is 13/100 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 Visaman Globalles (NSE:VISAMAN), the current Altman Z-Score is 4.46 as of Jul. 02, 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.

Visaman Globalles Business Description

Address C/o., Jain Traders, 80 Feet Road, 8, Sorathiawadi Near Narmada, Rajkot, GJ, IND, 360002
Visaman Global Sales Ltd y is engaged in the business of supply of round pipes, square pipes, rectangle pipes, various specification of structural steels, BGL coils, GP(GI) coils, HR coils, CR coils, colour coated coils, MS sheets, GP and GC sheets, CR sheets, HR sheets and plates, colour coated sheets, roofing PUF panel, wall PUF panel etc.
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