Impol Seval a.dXBEL:IMPL -15.83%86 Altman Z-Score is 2.15 as of Jun. 29, 2026, which is 12% below its 10-year median of 2.45. GuruFocus rates XBEL:IMPL with a GF Score™ of 86/100 and a GF Value™ of RSD7,287.58 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 787 Metals & Mining companies, Impol Seval a.d ranks worse than 68.49% 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.
Warning Sign:
Altman Z-score of 2.15 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Impol Seval a.d has a Altman Z-Score of 2.15, indicating it is in Grey Zones. This implies that Impol Seval a.d is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Impol Seval a.d's Altman Z-Score or its related term are showing as below:
XBEL:IMPL'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.77 Med: 2.45 Max: 4.41
Current: 2.15
During the past 13 years, Impol Seval a.d's highest Altman Z-Score was 4.41. The lowest was 1.77. And the median was 2.45.
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.
Impol Seval a.d Altman Z-Score Related Terms
Impol Seval a.d Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Impol Seval a.d'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.
XBEL:IMPL vs AA, CENX, CSTM: Altman Z-Score Comparison
For the Aluminum subindustry, Impol Seval a.d'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.
Impol Seval a.d Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Impol Seval a.d's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Impol Seval a.d'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.
Impol Seval a.d'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
*
0.099
+
1.4
*
0.3782
+
3.3
*
-0.0291
+
0.6
*
0.5883
+
1.0
*
1.2484
=
2.15
* 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.
Impol Seval a.d (XBEL:IMPL) has a Altman Z-Score of 2.15 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Impol Seval a.d and its competitors. This is 12% below median its historical median of 2.45. Over the past decade, Impol Seval a.d's Altman Z-Score has ranged from 1.77 to 4.41. According to the industry distribution chart, Impol Seval a.d ranks #539 out of 787 companies in the Metals & Mining industry, placing it in the top 68.5%.
Is Impol Seval a.d's Altman Z-Score too high?
Impol Seval a.d's current Altman Z-Score of 2.15 is 12% below median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 4.41. The Metals & Mining industry median Altman Z-Score is 3.36. Impol Seval a.d's value of 2.15 is 36% below this industry median. Based on the distribution chart, Impol Seval a.d ranks #539 out of 787 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Impol Seval a.d has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impol Seval a.d's Altman Z-Score compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Impol Seval a.d ranks #539 out of 787 companies for Altman Z-Score. This places Impol Seval a.d in the lower half of its industry. The industry median Altman Z-Score is 3.36. Impol Seval a.d's value of 2.15 is 36% below this benchmark. Historically, Impol Seval a.d's own Altman Z-Score has ranged from 1.77 to 4.41 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 3.36, Impol Seval a.d has consistently been below 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.36, based on 787 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. Impol Seval a.d's current Altman Z-Score of 2.15 is 36% below 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 Impol Seval a.d and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impol Seval a.d's current Altman Z-Score is 2.15, which is 12% below median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impol Seval a.d stock overvalued right now?
Based on GuruFocus' analysis, Impol Seval a.d (XBEL:IMPL) is currently considered Significantly Undervalued. The stock's GF Value™ is RSD7,287.58, compared to a current price of RSD5,050.00 — trading 30.7% below its estimated fair value. The current Altman Z-Score is 2.15, which is 12% below median its 10-year median of 2.45 and 36% below the Metals & Mining industry median of 3.36. Impol Seval a.d's overall GF Score™ is 86/100 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 Impol Seval a.d (XBEL:IMPL), the current Altman Z-Score is 2.15 as of Jun. 29, 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 Impol Seval a.d (XBEL:IMPL) Overvalued in 2026?
Based on GuruFocus' analysis, Impol Seval a.d stock appears to be undervalued.
The current stock price of RSD5,050.00 is trading 30.7% below its estimated GF Value™ of RSD7,287.58.
GuruFocus considers Impol Seval a.d to be Significantly Undervalued.
Key valuation signals for XBEL:IMPL:
Altman Z-Score: 2.15 (12% below median its 10-year median of 2.45)
GF Value™: RSD7,287.58 vs. price of RSD5,050.00 (30.7% below fair value)
Industry Position: 36% below the Metals & Mining median (#539 of 787)
No single metric tells the full story. See the XBEL:IMPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impol Seval a.d is engaged in the processing of aluminum. Its products include colored strips and sheets, painted taps, cold and hot rolled strips, hot rolled boards, sheets, and logs. The company products are used in the car, pharmaceutical, food, transport, interior design, electrical and construction industry. It exports its products to Germany, Italy, the USA, Hungary, the Netherlands, the countries of Latin America, France and Austria.
86GF Score
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