Zeal Global ServicesNSE:ZEAL +5.96%63 Altman Z-Score is 3.63 as of Jul. 07, 2026, which is 32% below its 10-year median of 5.30. GuruFocus rates NSE:ZEAL with a GF Score™ of 63/100 and a GF Value™ of ₹198.83 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 997 Transportation companies, Zeal Global Services ranks better than 73.52% 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 3.57 is strong.
Zeal Global Services has a Altman Z-Score of 3.63, 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 Zeal Global Services's Altman Z-Score or its related term are showing as below:
NSE:ZEAL'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.46 Med: 5.3 Max: 5.94
Current: 3.57
During the past 7 years, Zeal Global Services's highest Altman Z-Score was 5.94. The lowest was 3.46. And the median was 5.30.
Zeal Global Services (NSE:ZEAL) 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.
Altman Z-Score does not apply to financial companies.
Zeal Global Services Altman Z-Score Related Terms
Zeal Global Services Altman Z-Score Historical Data
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The historical data trend for Zeal Global Services'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:ZEAL vs UPS, FDX, JBHT: Altman Z-Score Comparison
For the Integrated Freight & Logistics subindustry, Zeal Global Services'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.
Zeal Global Services Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Zeal Global Services's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Zeal Global Services'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.
Zeal Global Services'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
*
0.144
+
1.4
*
0
+
3.3
*
0.1201
+
0.6
*
1.7894
+
1.0
*
1.9921
=
3.63
* 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.
Zeal Global Services (NSE:ZEAL) has a Altman Z-Score of 3.63 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Zeal Global Services and its competitors. This is 32% below median its historical median of 5.30. Over the past decade, Zeal Global Services' Altman Z-Score has ranged from 3.46 to 5.94. According to the industry distribution chart, Zeal Global Services ranks #264 out of 997 companies in the Transportation industry, placing it in the top 26.5%.
Is Zeal Global Services' Altman Z-Score too high?
Zeal Global Services' current Altman Z-Score of 3.63 is 32% below median its 10-year median of 5.30. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 5.94. The Transportation industry median Altman Z-Score is 2.26. Zeal Global Services' value of 3.63 is 60.6% above this industry median. Based on the distribution chart, Zeal Global Services ranks #264 out of 997 companies in the Transportation industry, which is above the industry midpoint. Overall, Zeal Global Services has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' Altman Z-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Zeal Global Services ranks #264 out of 997 companies for Altman Z-Score. This puts Zeal Global Services in the upper half of its industry. The industry median Altman Z-Score is 2.26. Zeal Global Services' value of 3.63 is 60.6% above this benchmark. Historically, Zeal Global Services' own Altman Z-Score has ranged from 3.46 to 5.94 over the past decade. While the company's 10-year median is 5.30 vs. the industry median of 2.26, Zeal Global Services 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.26, based on 997 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. Zeal Global Services's current Altman Z-Score of 3.63 is 60.6% 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 Zeal Global Services and its competitors. For the Transportation industry, the median Altman Z-Score is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Global Services's current Altman Z-Score is 3.63, which is 32% below median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹198.83, compared to a current price of ₹68.50 — trading 65.5% below its estimated fair value. The current Altman Z-Score is 3.63, which is 32% below median its 10-year median of 5.30 and 60.6% above the Transportation industry median of 2.26. Zeal Global Services' overall GF Score™ is 63/100 with 7 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 Zeal Global Services (NSE:ZEAL), the current Altman Z-Score is 3.63 as of Jul. 07, 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 Zeal Global Services (NSE:ZEAL) Overvalued in 2026?
Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued.
The current stock price of ₹68.50 is trading 65.5% below its estimated GF Value™ of ₹198.83.
GuruFocus considers Zeal Global Services to be Possible Value Trap.
Key valuation signals for NSE:ZEAL:
Altman Z-Score: 3.63 (32% below median its 10-year median of 5.30)
GF Value™: ₹198.83 vs. price of ₹68.50 (65.5% below fair value)
Industry Position: 60.6% above the Transportation median (#264 of 997)
No single metric tells the full story. See the NSE:ZEAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
63GF Score
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