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.
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.
Epuja SpiritechBOM:532092 -4.91%51 Altman Z2-Score is 14.60 as of Jul. 21, 2026, which is 41% above its 10-year median of 10.37. GuruFocus rates BOM:532092 with a GF Score™ of 51/100 and a GF Value™ of ₹2.77 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 94 Personal Services companies, Epuja Spiritech ranks better than 97.87% 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.
Good Sign:
Epuja Spiritech has a Altman Z2-Score of 14.60, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
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 Epuja Spiritech's Altman Z2-Score or its related term are showing as below:
BOM:532092'
s Altman Z2-Score Range Over the Past 10 Years
Min: 4.6 Med: 10.37 Max: 97.19
Current: 14.6
During the past 13 years, Epuja Spiritech's highest Altman Z2-Score was 97.19. The lowest was 4.60. And the median was 10.37.
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.
Altman Z2-Score does not apply to financial companies.
Epuja Spiritech Altman Z2-Score Related Terms
Epuja Spiritech Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for Epuja Spiritech'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.
BOM:532092 vs ROL, SCI, FTDR: Altman Z2-Score Comparison
For the Personal Services subindustry, Epuja Spiritech'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.
Epuja Spiritech Altman Z2-Score vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Epuja Spiritech's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Epuja Spiritech's Altman Z2-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.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
Epuja Spiritech'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
*
0.6786
+
3.26
*
0
+
6.72
*
-0.5954
+
1.05
*
13.4738
=
14.60
* 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 Z2-Score when X4_2 value is 0.
Epuja Spiritech (BOM:532092) has a Altman Z2-Score of 14.60 as of Jul. 21, 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 Epuja Spiritech and its competitors. This is 41% above median its historical median of 10.37. Over the past decade, Epuja Spiritech's Altman Z2-Score has ranged from 4.60 to 97.19. According to the industry distribution chart, Epuja Spiritech ranks #2 out of 94 companies in the Personal Services industry, placing it in the top 2.1%.
Is Epuja Spiritech's Altman Z2-Score too high?
Epuja Spiritech's current Altman Z2-Score of 14.60 is 41% above median its 10-year median of 10.37. Over the past 10 years, this metric has ranged from a low of 4.60 to a high of 97.19. The Personal Services industry median Altman Z2-Score is 1.97. Epuja Spiritech's value of 14.60 is 643% above this industry median. Based on the distribution chart, Epuja Spiritech ranks #2 out of 94 companies in the Personal Services industry, which is in the top quartile — a strong position relative to peers. Overall, Epuja Spiritech has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Epuja Spiritech's Altman Z2-Score compare to ROL and SCI?
According to the Personal Services industry distribution chart, Epuja Spiritech ranks #2 out of 94 companies for Altman Z2-Score. This places Epuja Spiritech in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.97. Epuja Spiritech's value of 14.60 is 643% above this benchmark. Historically, Epuja Spiritech's own Altman Z2-Score has ranged from 4.60 to 97.19 over the past decade. While the company's 10-year median is 10.37 vs. the industry median of 1.97, Epuja Spiritech 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 Z2-Score for a Personal Services company?
The median Altman Z2-Score among Personal Services companies is 1.97, based on 94 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. Epuja Spiritech's current Altman Z2-Score of 14.60 is 643% 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 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 Epuja Spiritech and its competitors. For the Personal Services industry, the median Altman Z2-Score is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Epuja Spiritech's current Altman Z2-Score is 14.60, which is 41% above median its own 10-year median of 10.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Epuja Spiritech stock overvalued right now?
Based on GuruFocus' analysis, Epuja Spiritech (BOM:532092) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2.77, compared to a current price of ₹1.55 — trading 44% below its estimated fair value. The current Altman Z2-Score is 14.60, which is 41% above median its 10-year median of 10.37 and 643% above the Personal Services industry median of 1.97. Epuja Spiritech's overall GF Score™ is 51/100 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 Epuja Spiritech (BOM:532092), the current Altman Z2-Score is 14.60 as of Jul. 21, 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 Epuja Spiritech (BOM:532092) Overvalued in 2026?
Based on GuruFocus' analysis, Epuja Spiritech stock appears to be undervalued.
The current stock price of ₹1.55 is trading 44% below its estimated GF Value™ of ₹2.77.
GuruFocus considers Epuja Spiritech to be Possible Value Trap.
Key valuation signals for BOM:532092:
Altman Z2-Score: 14.60 (41% above median its 10-year median of 10.37)
GF Value™: ₹2.77 vs. price of ₹1.55 (44% below fair value)
Industry Position: 643% above the Personal Services median (#2 of 94)
No single metric tells the full story. See the BOM:532092 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Epuja Spiritech Ltd is an Indian based company. The company's core offerings include ePuja and Havans. The company has expanded its business operations into astrology services, a Rudraksha and gemstone store, Pandit at-home services, and spiritual tours.
51GF Score
Get the complete analysis for BOM:532092
Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532092 has been successfully added to your 
