Wim PlastNSE:WIMPLAST 65 Altman Z-Score is 9.47 as of Jun. 27, 2026, which is 21% below its 10-year median of 12.05. GuruFocus rates NSE:WIMPLAST with a GF Score™ of 65/100 and a GF Value™ of ₹557.87 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 429 Furnishings, Fixtures & Appliances companies, Wim Plast ranks better than 92.54% 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 9.48 is strong.
Wim Plast has a Altman Z-Score of 9.47, 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 Wim Plast's Altman Z-Score or its related term are showing as below:
NSE:WIMPLAST'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.43 Med: 12.05 Max: 33.04
Current: 9.48
During the past 13 years, Wim Plast's highest Altman Z-Score was 33.04. The lowest was 7.43. And the median was 12.05.
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.
Wim Plast Altman Z-Score Related Terms
Wim Plast Altman Z-Score Historical Data
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The historical data trend for Wim Plast'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:WIMPLAST vs SN, SGI, MHK: Altman Z-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, Wim Plast'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.
Wim Plast Altman Z-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Wim Plast's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Wim Plast'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.
Wim Plast'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
*
0.7743
+
1.4
*
0
+
3.3
*
0.1355
+
0.6
*
12.4521
+
1.0
*
0.6203
=
9.47
* 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.
Wim Plast (NSE:WIMPLAST) has a Altman Z-Score of 9.47 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wim Plast and its competitors. This is 21% below median its historical median of 12.05. Over the past decade, Wim Plast's Altman Z-Score has ranged from 7.43 to 33.04. According to the industry distribution chart, Wim Plast ranks #32 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 7.5%.
Is Wim Plast's Altman Z-Score too high?
Wim Plast's current Altman Z-Score of 9.47 is 21% below median its 10-year median of 12.05. Over the past 10 years, this metric has ranged from a low of 7.43 to a high of 33.04. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.81. Wim Plast's value of 9.47 is 237% above this industry median. Based on the distribution chart, Wim Plast ranks #32 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Wim Plast has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wim Plast's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Wim Plast ranks #32 out of 429 companies for Altman Z-Score. This places Wim Plast in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.81. Wim Plast's value of 9.47 is 237% above this benchmark. Historically, Wim Plast's own Altman Z-Score has ranged from 7.43 to 33.04 over the past decade. While the company's 10-year median is 12.05 vs. the industry median of 2.81, Wim Plast 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.81, based on 429 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. Wim Plast's current Altman Z-Score of 9.47 is 237% 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 Wim Plast and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wim Plast's current Altman Z-Score is 9.47, which is 21% below median its own 10-year median of 12.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wim Plast stock overvalued right now?
Based on GuruFocus' analysis, Wim Plast (NSE:WIMPLAST) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹557.87, compared to a current price of ₹335.30 — trading 39.9% below its estimated fair value. The current Altman Z-Score is 9.47, which is 21% below median its 10-year median of 12.05 and 237% above the Furnishings, Fixtures & Appliances industry median of 2.81. Wim Plast's overall GF Score™ is 65/100 with 1 warning sign 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 Wim Plast (NSE:WIMPLAST), the current Altman Z-Score is 9.47 as of Jun. 27, 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 Wim Plast (NSE:WIMPLAST) Overvalued in 2026?
Based on GuruFocus' analysis, Wim Plast stock appears to be undervalued.
The current stock price of ₹335.30 is trading 39.9% below its estimated GF Value™ of ₹557.87.
GuruFocus considers Wim Plast to be Significantly Undervalued.
Key valuation signals for NSE:WIMPLAST:
Altman Z-Score: 9.47 (21% below median its 10-year median of 12.05)
GF Value™: ₹557.87 vs. price of ₹335.30 (39.9% below fair value)
Industry Position: 237% above the Furnishings, Fixtures & Appliances median (#32 of 429)
No single metric tells the full story. See the NSE:WIMPLAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wim Plast Ltd is an Indian company engaged in the manufacturing of plastic products such as Plastic Moulded Furniture, Extrusion Sheets, Air Coolers, Waste Bin Industrial Pallets and Industrial and Engineering Moulds. The company's finished products include Chairs, Dining tables, Stools, Storewell, Organizers, Baskets, Dairy crates, Fruit and vegetable crates, Center tables and others. The group markets its products under the brand name Cello. The company operates its business in the single segment of Plastics,Furniture & Allied Products.
65GF Score
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