Sanima Middle Tamor Hydropower (XNEP:TAMOR) Altman Z-Score: 1.49 (As of Jul. 12, 2026) — Near Median


XNEP:TAMOR Sanima Middle Tamor Hydropower Ltd XNEP:TAMOR
39 GF Score
Price NPR439.00
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What is Sanima Middle Tamor Hydropower Altman Z-Score?

Sanima Middle Tamor Hydropower XNEP:TAMOR -0.05% 39 Altman Z-Score is 1.49 as of Jul. 12, 2026, which is 1% above its 10-year median of 1.47. GuruFocus rates XNEP:TAMOR with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 415 Utilities - Independent Power Producers companies, Sanima Middle Tamor Hydropower ranks better than 57.11% 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 1.49 is in distress zone. This implies bankruptcy possibility in the next two years.

Sanima Middle Tamor Hydropower has a Altman Z-Score of 1.49, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Sanima Middle Tamor Hydropower's Altman Z-Score or its related term are showing as below:

XNEP:TAMOR' s Altman Z-Score Range Over the Past 10 Years
Min: 1.36   Med: 1.47   Max: 1.51
Current: 1.49

During the past 2 years, Sanima Middle Tamor Hydropower's highest Altman Z-Score was 1.51. The lowest was 1.36. And the median was 1.47.


Sanima Middle Tamor Hydropower  (XNEP:TAMOR) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Sanima Middle Tamor Hydropower Altman Z-Score Related Terms


Sanima Middle Tamor Hydropower Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sanima Middle Tamor Hydropower'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.

Sanima Middle Tamor Hydropower Altman Z-Score Chart

Sanima Middle Tamor Hydropower Annual Data
Trend Jul24 Jul25
Altman Z-Score
0.00 1.51

Sanima Middle Tamor Hydropower Quarterly Data
Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Altman Z-Score Get a 7-Day Free Trial 0.00 1.51 1.45 1.36 1.48

Sanima Middle Tamor Hydropower Altman Z-Score Competitor Comparison

For the Utilities - Renewable subindustry, Sanima Middle Tamor Hydropower'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.


Sanima Middle Tamor Hydropower Altman Z-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sanima Middle Tamor Hydropower's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Sanima Middle Tamor Hydropower's Altman Z-Score falls into.


XNEP:TAMOR
39GF Score
Sanima Middle Tamor Hydropower Ltd XNEP:TAMOR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanima Middle Tamor Hydropower Altman Z-Score Calculation

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.

Sanima Middle Tamor Hydropower'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*0.0317+1.4*0.0416+3.3*0.0995+0.6*1.4435+1.0*0.2031
=1.49

* 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.

Trailing Twelve Months (TTM) ended in Apr. 2026:
Total Assets was NPR14,056 Mil.
Total Current Assets was NPR1,124 Mil.
Total Current Liabilities was NPR678 Mil.
Retained Earnings was NPR585 Mil.
Pre-Tax Income was 70.014 + -29.006 + 210.016 + 224.558 = NPR476 Mil.
Interest Expense was -146.088 + -150.259 + -166.622 + -459.889 = NPR-923 Mil.
Revenue was 440.638 + 317.576 + 579.114 + 1517.917 = NPR2,855 Mil.
Market Cap (Today) was NPR14,630 Mil.
Total Liabilities was NPR10,135 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(1124.169 - 678.277)/14056.021
=0.0317

X2=Retained Earnings/Total Assets
=584.596/14056.021
=0.0416

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(475.582 - -922.858)/14056.021
=0.0995

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=14629.662/10134.633
=1.4435

X5=Revenue/Total Assets
=2855.245/14056.021
=0.2031

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Sanima Middle Tamor Hydropower has a Altman Z-Score of 1.49 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.49 mean?
Sanima Middle Tamor Hydropower (XNEP:TAMOR) has a Altman Z-Score of 1.49 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sanima Middle Tamor Hydropower and its competitors. This is near median its historical median of 1.47. Over the past decade, Sanima Middle Tamor Hydropower's Altman Z-Score has ranged from 1.36 to 1.51. According to the industry distribution chart, Sanima Middle Tamor Hydropower ranks #178 out of 415 companies in the Utilities - Independent Power Producers industry, placing it in the top 42.9%.
Is Sanima Middle Tamor Hydropower's Altman Z-Score too high?
Sanima Middle Tamor Hydropower's current Altman Z-Score of 1.49 is near median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 1.51. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.22. Sanima Middle Tamor Hydropower's value of 1.49 is 22.1% above this industry median. Based on the distribution chart, Sanima Middle Tamor Hydropower ranks #178 out of 415 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Sanima Middle Tamor Hydropower has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Sanima Middle Tamor Hydropower's Altman Z-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Sanima Middle Tamor Hydropower ranks #178 out of 415 companies for Altman Z-Score. This puts Sanima Middle Tamor Hydropower in the upper half of its industry. The industry median Altman Z-Score is 1.22. Sanima Middle Tamor Hydropower's value of 1.49 is 22.1% above this benchmark. Historically, Sanima Middle Tamor Hydropower's own Altman Z-Score has ranged from 1.36 to 1.51 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.22, Sanima Middle Tamor Hydropower 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 an Utilities - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.22, based on 415 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. Sanima Middle Tamor Hydropower's current Altman Z-Score of 1.49 is 22.1% 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 Sanima Middle Tamor Hydropower and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanima Middle Tamor Hydropower's current Altman Z-Score is 1.49, which is near median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanima Middle Tamor Hydropower stock overvalued right now?
Sanima Middle Tamor Hydropower (XNEP:TAMOR) has a current Altman Z-Score of 1.49. The current Altman Z-Score is 1.49, which is near median its 10-year median of 1.47 and 22.1% above the Utilities - Independent Power Producers industry median of 1.22. Sanima Middle Tamor Hydropower's overall GF Score™ is 39/100 with 4 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 Sanima Middle Tamor Hydropower (XNEP:TAMOR), the current Altman Z-Score is 1.49 as of Jul. 12, 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.

Sanima Middle Tamor Hydropower Business Description

Address Kathmandu Metropolitan-4, P.O.Box: 19737, Dhumbarahi, Kathmandu, NPL
Sanima Middle Tamor Hydropower Ltd is a Special Purpose Vehicle (SPV) Company for the implementation and operation of the Sanima Middle Tamor Hydropower Project. The company is principally engaged in generating and selling hydroelectricity to the Nepal Electricity Authority. It currently operates the Middle Tamor Hydropower Project (MTHP), which is a run-of-river (RoR) project with an installed capacity of 73 MW. The headworks of the project are located in Phungling Municipality and Phaktanglung Rural Municipality and the Powerhouse (PH) is located in Mikwa Khola Rural Municipality at the right bank of the Tamor River in Taplejung district.
39GF Score

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