Napier Port HoldingsNZSE:NPH +1.35%91 Altman Z-Score is 3.38 as of Jul. 04, 2026, which is 13% above its 10-year median of 2.98. GuruFocus rates NZSE:NPH with a GF Score™ of 91/100 and a GF Value™ of NZ$3.33 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 994 Transportation companies, Napier Port Holdings ranks better than 70.62% 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 3.38 is strong.
Napier Port Holdings has a Altman Z-Score of 3.38, 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 Napier Port Holdings's Altman Z-Score or its related term are showing as below:
NZSE:NPH'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.65 Med: 2.98 Max: 11.48
Current: 3.38
During the past 7 years, Napier Port Holdings's highest Altman Z-Score was 11.48. The lowest was 1.65. And the median was 2.98.
Napier Port Holdings (NZSE:NPH) 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.
Napier Port Holdings Altman Z-Score Related Terms
Napier Port Holdings Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Napier Port Holdings'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.
For the Marine Shipping subindustry, Napier Port Holdings'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.
Napier Port Holdings Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Napier Port Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Napier Port Holdings'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.
Napier Port Holdings'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
*
0.0051
+
1.4
*
0.1083
+
3.3
*
0.0817
+
0.6
*
4.4884
+
1.0
*
0.261
=
3.38
* 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.
Napier Port Holdings (NZSE:NPH) has a Altman Z-Score of 3.38 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Napier Port Holdings and its competitors. This is 13% above median its historical median of 2.98. Over the past decade, Napier Port Holdings' Altman Z-Score has ranged from 1.65 to 11.48. According to the industry distribution chart, Napier Port Holdings ranks #292 out of 994 companies in the Transportation industry, placing it in the top 29.4%.
Is Napier Port Holdings' Altman Z-Score too high?
Napier Port Holdings' current Altman Z-Score of 3.38 is 13% above median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 11.48. The Transportation industry median Altman Z-Score is 2.27. Napier Port Holdings' value of 3.38 is 48.9% above this industry median. Based on the distribution chart, Napier Port Holdings ranks #292 out of 994 companies in the Transportation industry, which is above the industry midpoint. Overall, Napier Port Holdings has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Napier Port Holdings' Altman Z-Score compare to KEX?
According to the Transportation industry distribution chart, Napier Port Holdings ranks #292 out of 994 companies for Altman Z-Score. This puts Napier Port Holdings in the upper half of its industry. The industry median Altman Z-Score is 2.27. Napier Port Holdings' value of 3.38 is 48.9% above this benchmark. Historically, Napier Port Holdings' own Altman Z-Score has ranged from 1.65 to 11.48 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 2.27, Napier Port Holdings 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 2.27, based on 994 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. Napier Port Holdings's current Altman Z-Score of 3.38 is 48.9% 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 Napier Port Holdings and its competitors. For the Transportation industry, the median Altman Z-Score is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Napier Port Holdings's current Altman Z-Score is 3.38, which is 13% above median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Napier Port Holdings stock overvalued right now?
Based on GuruFocus' analysis, Napier Port Holdings (NZSE:NPH) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$3.33, compared to a current price of NZ$3.75 — trading 12.6% above its estimated fair value. The current Altman Z-Score is 3.38, which is 13% above median its 10-year median of 2.98 and 48.9% above the Transportation industry median of 2.27. Napier Port Holdings' overall GF Score™ is 91/100 with 5 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 Napier Port Holdings (NZSE:NPH), the current Altman Z-Score is 3.38 as of Jul. 04, 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 Napier Port Holdings (NZSE:NPH) Overvalued in 2026?
Based on GuruFocus' analysis, Napier Port Holdings stock appears to be overvalued.
The current stock price of NZ$3.75 is trading 12.6% above its estimated GF Value™ of NZ$3.33.
GuruFocus considers Napier Port Holdings to be Modestly Overvalued.
Key valuation signals for NZSE:NPH:
Altman Z-Score: 3.38 (13% above median its 10-year median of 2.98)
GF Value™: NZ$3.33 vs. price of NZ$3.75 (12.6% above fair value)
Industry Position: 48.9% above the Transportation median (#292 of 994)
No single metric tells the full story. See the NZSE:NPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Napier Port Holdings Ltd is engaged in providing port and logistics services. The Group operates in one reportable segment bein Port Services. This consists of providing and managing port services and cargo handling infrastructure through Napier Port. Within the Port Services reportable segment the following operating segments have been identified: marine services, general cargo services, container services, port pack services and depot services. Geographically, it derives a majority of its revenue from New Zealand, with maximum revenue from Container Services.
91GF Score
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