Ashot- Ashkelon Industries (XTAE:ASHO) Altman Z-Score: 3.60 (As of Jul. 14, 2026) — 264% Above Median

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XTAE:ASHO Ashot- Ashkelon Industries Ltd XTAE:ASHO
71 GF Score
Price ₪81.50
GF Value ₪58.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ashot- Ashkelon Industries Altman Z-Score?

Ashot- Ashkelon Industries XTAE:ASHO -3.57% 71 Altman Z-Score is 3.60 as of Jul. 14, 2026, which is 264% above its 10-year median of 0.99. GuruFocus rates XTAE:ASHO with a GF Score™ of 71/100 and a GF Value™ of ₪58.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 337 Aerospace & Defense companies, Ashot- Ashkelon Industries ranks better than 53.71% 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 3.71 is strong.

Ashot- Ashkelon Industries has a Altman Z-Score of 3.60, 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 Ashot- Ashkelon Industries's Altman Z-Score or its related term are showing as below:

XTAE:ASHO' s Altman Z-Score Range Over the Past 10 Years
Min: 0.17   Med: 0.99   Max: 4.16
Current: 3.71

During the past 13 years, Ashot- Ashkelon Industries's highest Altman Z-Score was 4.16. The lowest was 0.17. And the median was 0.99.


Ashot- Ashkelon Industries  (XTAE:ASHO) 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.


Ashot- Ashkelon Industries Altman Z-Score Related Terms


Ashot- Ashkelon Industries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ashot- Ashkelon Industries'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.

Ashot- Ashkelon Industries Altman Z-Score Chart

Ashot- Ashkelon Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.07 1.50 2.50 2.86

Ashot- Ashkelon Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.52 2.85 3.48 2.86 4.16

XTAE:ASHO vs SPCX, GE, RTX: Altman Z-Score Comparison

For the Aerospace & Defense subindustry, Ashot- Ashkelon Industries'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.


Ashot- Ashkelon Industries Altman Z-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Ashot- Ashkelon Industries's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Ashot- Ashkelon Industries's Altman Z-Score falls into.


XTAE:ASHO
71GF Score
Ashot- Ashkelon Industries Ltd XTAE:ASHO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashot- Ashkelon Industries 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.

Ashot- Ashkelon Industries'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*0.1893+1.4*-0.2247+3.3*0.0672+0.6*5.0718+1.0*0.4189
=3.60

* 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 Mar. 2026:
Total Assets was ₪1,107.7 Mil.
Total Current Assets was ₪452.2 Mil.
Total Current Liabilities was ₪242.5 Mil.
Retained Earnings was ₪-248.8 Mil.
Pre-Tax Income was 19.914 + 17.056 + 17.682 + 15.272 = ₪69.9 Mil.
Interest Expense was -2.363 + 4.766 + -1.498 + -5.436 = ₪-4.5 Mil.
Revenue was 126.725 + 113.19 + 105.037 + 119.038 = ₪464.0 Mil.
Market Cap (Today) was ₪2,065.5 Mil.
Total Liabilities was ₪407.2 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
=(452.207 - 242.549)/1107.665
=0.1893

X2=Retained Earnings/Total Assets
=-248.844/1107.665
=-0.2247

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(69.924 - -4.531)/1107.665
=0.0672

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2065.500/407.248
=5.0718

X5=Revenue/Total Assets
=463.99/1107.665
=0.4189

The zones of discrimination were as such:

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

Ashot- Ashkelon Industries has a Altman Z-Score of 3.60 indicating it is in Safe 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 3.60 mean?
Ashot- Ashkelon Industries (XTAE:ASHO) has a Altman Z-Score of 3.60 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ashot- Ashkelon Industries and its competitors. This is 264% above median its historical median of 0.99. Over the past decade, Ashot- Ashkelon Industries' Altman Z-Score has ranged from 0.17 to 4.16. According to the industry distribution chart, Ashot- Ashkelon Industries ranks #156 out of 337 companies in the Aerospace & Defense industry, placing it in the top 46.3%.
Is Ashot- Ashkelon Industries' Altman Z-Score too high?
Ashot- Ashkelon Industries' current Altman Z-Score of 3.60 is 264% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 4.16. The Aerospace & Defense industry median Altman Z-Score is 3.40. Ashot- Ashkelon Industries' value of 3.60 is 5.9% above this industry median. Based on the distribution chart, Ashot- Ashkelon Industries ranks #156 out of 337 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Ashot- Ashkelon Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashot- Ashkelon Industries' Altman Z-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Ashot- Ashkelon Industries ranks #156 out of 337 companies for Altman Z-Score. This puts Ashot- Ashkelon Industries in the upper half of its industry. The industry median Altman Z-Score is 3.40. Ashot- Ashkelon Industries' value of 3.60 is 5.9% above this benchmark. Historically, Ashot- Ashkelon Industries' own Altman Z-Score has ranged from 0.17 to 4.16 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 3.40, Ashot- Ashkelon Industries 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 Aerospace & Defense company?
The median Altman Z-Score among Aerospace & Defense companies is 3.40, based on 337 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. Ashot- Ashkelon Industries's current Altman Z-Score of 3.60 is 5.9% 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 Ashot- Ashkelon Industries and its competitors. For the Aerospace & Defense industry, the median Altman Z-Score is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashot- Ashkelon Industries's current Altman Z-Score is 3.60, which is 264% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashot- Ashkelon Industries stock overvalued right now?
Based on GuruFocus' analysis, Ashot- Ashkelon Industries (XTAE:ASHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪58.46, compared to a current price of ₪81.50 — trading 39.4% above its estimated fair value. The current Altman Z-Score is 3.60, which is 264% above median its 10-year median of 0.99 and 5.9% above the Aerospace & Defense industry median of 3.40. Ashot- Ashkelon Industries' overall GF Score™ is 71/100 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 Ashot- Ashkelon Industries (XTAE:ASHO), the current Altman Z-Score is 3.60 as of Jul. 14, 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 Ashot- Ashkelon Industries (XTAE:ASHO) Overvalued in 2026?

Based on GuruFocus' analysis, Ashot- Ashkelon Industries stock appears to be overvalued. The current stock price of ₪81.50 is trading 39.4% above its estimated GF Value™ of ₪58.46. GuruFocus considers Ashot- Ashkelon Industries to be Significantly Overvalued.

Key valuation signals for XTAE:ASHO:

  • Altman Z-Score: 3.60 (264% above median its 10-year median of 0.99)
  • GF Value™: ₪58.46 vs. price of ₪81.50 (39.4% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 5.9% above the Aerospace & Defense median (#156 of 337)

No single metric tells the full story. See the XTAE:ASHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashot- Ashkelon Industries Business Description

Address 2 Ezra Yessodi Street, P.O.B. 21, Ashkelon, ISR, 7810001
Ashot- Ashkelon Industries Ltd produces metal products, aviation parts, armored combat vehicle systems, and heavy metal products. It supplies technological systems and components for the international aerospace, defense, automotive, and other industries. The company's products include gears, transmissions, gearboxes long and short shafts for jet engines, landing gear components, and tungsten-based products, among others. The company's domicile, and partly in the United States, the subsidiary's domicile. Marketing and sales activities are mainly in Israel, in the USA and Europe.
71GF Score

Get the complete analysis for XTAE:ASHO

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₪81.50
Price
₪58.46
GF Value