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Himalayan DistilleryXNEP:HDL -0.26%66 Altman Z-Score is 28.25 as of Jul. 17, 2026, which is 28% below its 10-year median of 39.24. GuruFocus rates XNEP:HDL with a GF Score™ of 66/100 and a GF Value™ of NPR1,679.99 (Significantly Undervalued). Among 206 Beverages - Alcoholic companies, Himalayan Distillery ranks better than 97.57% 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 28.31 is strong.
Himalayan Distillery has a Altman Z-Score of 28.25, 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 Himalayan Distillery's Altman Z-Score or its related term are showing as below:
XNEP:HDL'
s Altman Z-Score Range Over the Past 10 Years
Min: 26.15 Med: 39.24 Max: 115.06
Current: 28.31
During the past 5 years, Himalayan Distillery's highest Altman Z-Score was 115.06. The lowest was 26.15. And the median was 39.24.
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.
Himalayan Distillery Altman Z-Score Related Terms
Himalayan Distillery Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Himalayan Distillery'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 Beverages - Wineries & Distilleries subindustry, Himalayan Distillery'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.
Himalayan Distillery Altman Z-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Himalayan Distillery's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Himalayan Distillery'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.
Himalayan Distillery'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
*
0.623
+
1.4
*
0
+
3.3
*
0.244
+
0.6
*
43.35
+
1.0
*
0.6886
=
28.25
* 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.
Himalayan Distillery (XNEP:HDL) has a Altman Z-Score of 28.25 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Himalayan Distillery and its competitors. This is 28% below median its historical median of 39.24. Over the past decade, Himalayan Distillery's Altman Z-Score has ranged from 26.15 to 115.06. According to the industry distribution chart, Himalayan Distillery ranks #5 out of 206 companies in the Beverages - Alcoholic industry, placing it in the top 2.4%.
Is Himalayan Distillery's Altman Z-Score too high?
Himalayan Distillery's current Altman Z-Score of 28.25 is 28% below median its 10-year median of 39.24. Over the past 10 years, this metric has ranged from a low of 26.15 to a high of 115.06. The Beverages - Alcoholic industry median Altman Z-Score is 2.82. Himalayan Distillery's value of 28.25 is 903.6% above this industry median. Based on the distribution chart, Himalayan Distillery ranks #5 out of 206 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Himalayan Distillery has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Himalayan Distillery's Altman Z-Score compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Himalayan Distillery ranks #5 out of 206 companies for Altman Z-Score. This places Himalayan Distillery in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.82. Himalayan Distillery's value of 28.25 is 903.6% above this benchmark. Historically, Himalayan Distillery's own Altman Z-Score has ranged from 26.15 to 115.06 over the past decade. While the company's 10-year median is 39.24 vs. the industry median of 2.82, Himalayan Distillery 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 Beverages - Alcoholic company?
The median Altman Z-Score among Beverages - Alcoholic companies is 2.82, based on 206 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. Himalayan Distillery's current Altman Z-Score of 28.25 is 903.6% 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 Himalayan Distillery and its competitors. For the Beverages - Alcoholic industry, the median Altman Z-Score is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himalayan Distillery's current Altman Z-Score is 28.25, which is 28% below median its own 10-year median of 39.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himalayan Distillery stock overvalued right now?
Based on GuruFocus' analysis, Himalayan Distillery (XNEP:HDL) is currently considered Significantly Undervalued. The stock's GF Value™ is NPR1,679.99, compared to a current price of NPR1,140.00 — trading 32.1% below its estimated fair value. The current Altman Z-Score is 28.25, which is 28% below median its 10-year median of 39.24 and 903.6% above the Beverages - Alcoholic industry median of 2.82. Himalayan Distillery's overall GF Score™ is 66/100. 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 Himalayan Distillery (XNEP:HDL), the current Altman Z-Score is 28.25 as of Jul. 17, 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 Himalayan Distillery (XNEP:HDL) Overvalued in 2026?
Based on GuruFocus' analysis, Himalayan Distillery stock appears to be undervalued.
The current stock price of NPR1,140.00 is trading 32.1% below its estimated GF Value™ of NPR1,679.99.
GuruFocus considers Himalayan Distillery to be Significantly Undervalued.
Key valuation signals for XNEP:HDL:
Altman Z-Score: 28.25 (28% below median its 10-year median of 39.24)
GF Value™: NPR1,679.99 vs. price of NPR1,140.00 (32.1% below fair value)
Industry Position: 903.6% above the Beverages - Alcoholic median (#5 of 206)
No single metric tells the full story. See the XNEP:HDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Himalayan Distillery Ltd is engaged in the manufacturing and sale of liquor. The group also provides research to develop, manufacture, and market quality alcoholic beverages. Its brands are silver Oak, Himalayan Aaila, Blue Oak, Golden Oak, and Black Oak.
66GF Score
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