Flomic Global Logistics (BOM:504380) Altman Z2-Score: 1.07 (As of Jul. 16, 2026) — 43% Below Median

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BOM:504380 Flomic Global Logistics Ltd BOM:504380
67 GF Score
Price ₹51.48
GF Value ₹72.99
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Flomic Global Logistics Altman Z2-Score?

Flomic Global Logistics BOM:504380 -1.00% 67 Altman Z2-Score is 1.07 as of Jul. 16, 2026, which is 43% below its 10-year median of 1.89. GuruFocus rates BOM:504380 with a GF Score™ of 67/100 and a GF Value™ of ₹72.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 999 Transportation companies, Flomic Global Logistics ranks worse than 75.68% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Warning Sign:

Flomic Global Logistics has a Altman Z2-Score of 1.07, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Flomic Global Logistics's Altman Z2-Score or its related term are showing as below:

BOM:504380' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.07   Med: 1.89   Max: 80.53
Current: 1.07

During the past 13 years, Flomic Global Logistics's highest Altman Z2-Score was 80.53. The lowest was 1.07. And the median was 1.89.


Flomic Global Logistics  (BOM:504380) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

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_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Flomic Global Logistics Altman Z2-Score Related Terms


Flomic Global Logistics Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Flomic Global Logistics's Altman Z2-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.

Flomic Global Logistics Altman Z2-Score Chart

Flomic Global Logistics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 2.57 1.22 1.62 1.07

Flomic Global Logistics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-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 1.62 0.00 0.95 0.00 1.07

BOM:504380 vs UPS, FDX, JBHT: Altman Z2-Score Comparison

For the Integrated Freight & Logistics subindustry, Flomic Global Logistics's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


Flomic Global Logistics Altman Z2-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Flomic Global Logistics's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Flomic Global Logistics's Altman Z2-Score falls into.


BOM:504380
67GF Score
Flomic Global Logistics Ltd BOM:504380
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flomic Global Logistics Altman Z2-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.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Flomic Global Logistics's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.0399+3.26*0+6.72*0.0637+1.05*0.3599
=1.07

* 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 Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₹1,782 Mil.
Total Current Assets was ₹935 Mil.
Total Current Liabilities was ₹864 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 40.728 + 6.942 + -7.762 + -32.984 = ₹7 Mil.
Interest Expense was -23.269 + -25.636 + -27.323 + -30.297 = ₹-107 Mil.
Total Liabilities was ₹1,310 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
=(935.021 - 863.965)/1781.587
=0.0399

X2=Retained Earnings/Total Assets
=0/1781.587
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(6.924 - -106.525)/1781.587
=0.0637

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(471.511 - 0)/1310.076
=0.3599

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Flomic Global Logistics has a Altman Z2-Score of 1.07 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.07 mean?
Flomic Global Logistics (BOM:504380) has a Altman Z2-Score of 1.07 as of Jul. 16, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Flomic Global Logistics and its competitors. This is 43% below median its historical median of 1.89. Over the past decade, Flomic Global Logistics' Altman Z2-Score has ranged from 1.07 to 80.53. According to the industry distribution chart, Flomic Global Logistics ranks #756 out of 999 companies in the Transportation industry, placing it in the top 75.7%.
Is Flomic Global Logistics' Altman Z2-Score too high?
Flomic Global Logistics' current Altman Z2-Score of 1.07 is 43% below median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 80.53. The Transportation industry median Altman Z2-Score is 2.90. Flomic Global Logistics' value of 1.07 is 63.1% below this industry median. Based on the distribution chart, Flomic Global Logistics ranks #756 out of 999 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Flomic Global Logistics has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flomic Global Logistics' Altman Z2-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Flomic Global Logistics ranks #756 out of 999 companies for Altman Z2-Score. This places Flomic Global Logistics in the lower half of its industry. The industry median Altman Z2-Score is 2.90. Flomic Global Logistics' value of 1.07 is 63.1% below this benchmark. Historically, Flomic Global Logistics' own Altman Z2-Score has ranged from 1.07 to 80.53 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 2.90, Flomic Global Logistics 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 Z2-Score for a Transportation company?
The median Altman Z2-Score among Transportation companies is 2.90, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flomic Global Logistics's current Altman Z2-Score of 1.07 is 63.1% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Flomic Global Logistics and its competitors. For the Transportation industry, the median Altman Z2-Score is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flomic Global Logistics's current Altman Z2-Score is 1.07, which is 43% below median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flomic Global Logistics stock overvalued right now?
Based on GuruFocus' analysis, Flomic Global Logistics (BOM:504380) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹72.99, compared to a current price of ₹51.48 — trading 29.5% below its estimated fair value. The current Altman Z2-Score is 1.07, which is 43% below median its 10-year median of 1.89 and 63.1% below the Transportation industry median of 2.90. Flomic Global Logistics' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Flomic Global Logistics (BOM:504380), the current Altman Z2-Score is 1.07 as of Jul. 16, 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 Flomic Global Logistics (BOM:504380) Overvalued in 2026?

Based on GuruFocus' analysis, Flomic Global Logistics stock appears to be undervalued. The current stock price of ₹51.48 is trading 29.5% below its estimated GF Value™ of ₹72.99. GuruFocus considers Flomic Global Logistics to be Modestly Undervalued.

Key valuation signals for BOM:504380:

  • Altman Z2-Score: 1.07 (43% below median its 10-year median of 1.89)
  • GF Value™: ₹72.99 vs. price of ₹51.48 (29.5% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 63.1% below the Transportation median (#756 of 999)

No single metric tells the full story. See the BOM:504380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flomic Global Logistics Business Description

Address 205, Off Nehru Road, Enterprise Centre, Beside Orchid Hotel, Vile Parle (East), Mumbai, MH, IND, 400099
Flomic Global Logistics Ltd operates in the multi-cargo, multi-surface logistics business with a focus on Freight Forwarding and Custom House Agent services. It offers freight forwarding, customs brokerage, warehousing, cross trades, and transportation. With a presence in Dubai and key Indian ports, Flomic is a "ONE STOP GATEWAY" providing integrated logistics via air, land, and sea. Services include ocean freight, air freight, domestic transport, reefer containers, exhibition logistics, project cargo, cross trades, warehousing, licensed customs broking, liquid logistics, and hazardous cargo handling. The company emphasizes high-performance, customer-focused logistics with synchronized management and service teams.
67GF Score

Get the complete analysis for BOM:504380

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹51.48
Price
₹72.99
GF Value