Smart Shooter (XTAE:SMSH) Altman Z-Score: 15.97 (As of Aug. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:SMSH Smart Shooter Ltd XTAE:SMSH
14 GF Score
Price ₪22.60
! 4 Warning Signs
View Full Analysis

What is Smart Shooter Altman Z-Score?

Smart Shooter XTAE:SMSH -1.53% 14 Altman Z-Score is 15.97 as of Aug. 14, 2026. GuruFocus rates XTAE:SMSH with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 340 Aerospace & Defense companies, Smart Shooter ranks worse than 294117.35% 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.

Smart Shooter has a Altman Z-Score of 15.97, 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 Smart Shooter's Altman Z-Score or its related term are showing as below:


Smart Shooter  (XTAE:SMSH) 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.


Smart Shooter Altman Z-Score Related Terms


Smart Shooter Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Smart Shooter'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.

Smart Shooter Altman Z-Score Chart

Smart Shooter Annual Data
Trend Dec24 Dec25
Altman Z-Score
0.00 0.00

Smart Shooter Semi-Annual Data
Dec24 Dec25
Altman Z-Score 0.00 0.00

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

For the Aerospace & Defense subindustry, Smart Shooter'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.


Smart Shooter Altman Z-Score vs Aerospace & Defense Industry

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

* The bar in red indicates where Smart Shooter's Altman Z-Score falls into.


XTAE:SMSH
14GF Score
Smart Shooter Ltd XTAE:SMSH
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smart Shooter 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.

Smart Shooter'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*0.5494+1.4*-0.7875+3.3*0.1822+0.6*24.7379+1.0*0.9702
=15.97

* 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 Dec. 2025:
Total Assets was ₪111.8 Mil.
Total Current Assets was ₪103.7 Mil.
Total Current Liabilities was ₪42.3 Mil.
Retained Earnings was ₪-88.1 Mil.
Pre-Tax Income was ₪17.8 Mil.
Interest Expense was ₪-2.6 Mil.
Revenue was ₪108.5 Mil.
Market Cap (Today) was ₪1,160.1 Mil.
Total Liabilities was ₪46.9 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
=(103.712 - 42.277)/111.822
=0.5494

X2=Retained Earnings/Total Assets
=-88.057/111.822
=-0.7875

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(17.811 - -2.559)/111.822
=0.1822

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1160.108/46.896
=24.7379

X5=Revenue/Total Assets
=108.485/111.822
=0.9702

The zones of discrimination were as such:

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

Smart Shooter has a Altman Z-Score of 15.97 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 15.97 mean?
Smart Shooter (XTAE:SMSH) has a Altman Z-Score of 15.97 as of Aug. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Smart Shooter and its competitors. According to the industry distribution chart, Smart Shooter ranks #999999 out of 340 companies in the Aerospace & Defense industry.
Is Smart Shooter's Altman Z-Score too high?
Smart Shooter's current Altman Z-Score is 15.97. The Aerospace & Defense industry median Altman Z-Score is 3.46. Smart Shooter's value of 15.97 is 361.6% above this industry median. Based on the distribution chart, Smart Shooter ranks #999999 out of 340 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Smart Shooter has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Smart Shooter's Altman Z-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Smart Shooter ranks #999999 out of 340 companies for Altman Z-Score. This places Smart Shooter in the lower half of its industry. The industry median Altman Z-Score is 3.46. Smart Shooter's value of 15.97 is 361.6% above this benchmark. 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 3.46, based on 340 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. Smart Shooter's current Altman Z-Score of 15.97 is 361.6% 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 Smart Shooter and its competitors. For the Aerospace & Defense industry, the median Altman Z-Score is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Shooter's current Altman Z-Score is 15.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Shooter stock overvalued right now?
Smart Shooter (XTAE:SMSH) has a current Altman Z-Score of 15.97. The current Altman Z-Score is 15.97 and 361.6% above the Aerospace & Defense industry median of 3.46. Smart Shooter's overall GF Score™ is 14/100 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 Smart Shooter (XTAE:SMSH), the current Altman Z-Score is 15.97 as of Aug. 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.

Smart Shooter Business Description

Address 11 Green Mountain Road, Kibbutz Yagur, ISR, 3006500
Smart Shooter Ltd is engaged in the development, production, and sale of electro-optical fire control. It develops Fire Control Systems for small arms that significantly increase weapon accuracy and lethality when engaging static and moving targets, on the ground and in the air, day and night. With effective One Shot - One Hit precision, its product line empowers defense and security forces by maximizing rifle effectiveness against enemy targets while minimizing friendly casualties and collateral damage. Based on Artificial Intelligence, Computer Vision, and Machine Learning technologies, it is also designed to interconnect with other operational resources to form a micro-tactical network. Its systems solutions are SMASH 2000L (3000), SMASH Hopper 5000, and others.
14GF Score

Get the complete analysis for XTAE:SMSH

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

₪22.60
Price