Mystic Electronics (BOM:535205) Altman Z2-Score: 2,125.82 (As of Jul. 12, 2026) — 7744% Above Median


BOM:535205 Mystic Electronics Ltd BOM:535205
32 GF Score
Price ₹3.48
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What is Mystic Electronics Altman Z2-Score?

Mystic Electronics BOM:535205 32 Altman Z2-Score is 2,125.82 as of Jul. 12, 2026, which is 7744% above its 10-year median of 27.10. GuruFocus rates BOM:535205 with a GF Score™ of 32/100. Among 2,487 Hardware companies, Mystic Electronics ranks better than 99.96% 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.

Mystic Electronics has a Altman Z2-Score of 2,125.82, indicating it is in Grey Zones. This implies that Mystic Electronics is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 Mystic Electronics's Altman Z2-Score or its related term are showing as below:

BOM:535205' s Altman Z2-Score Range Over the Past 10 Years
Min: 6.76   Med: 27.1   Max: 2125.83
Current: 2125.83

During the past 13 years, Mystic Electronics's highest Altman Z2-Score was 2125.83. The lowest was 6.76. And the median was 27.10.


Mystic Electronics  (BOM:535205) 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.


Mystic Electronics Altman Z2-Score Related Terms


Mystic Electronics Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Mystic Electronics'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.

Mystic Electronics Altman Z2-Score Chart

Mystic Electronics 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 30.92 26.20 23.85 799.95 2,125.83

Mystic Electronics 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 799.95 0.00 2,045.15 0.00 2,125.83

BOM:535205 vs SNX, ARW, AVT: Altman Z2-Score Comparison

For the Electronics & Computer Distribution subindustry, Mystic Electronics'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.


Mystic Electronics Altman Z2-Score vs Hardware Industry

For the Hardware industry and Technology sector, Mystic Electronics's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Mystic Electronics's Altman Z2-Score falls into.


BOM:535205
32GF Score
Mystic Electronics Ltd BOM:535205
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mystic Electronics 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.

Mystic Electronics'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*0.5767+3.26*0+6.72*0.0086+1.05*2020.9371
=2,125.82

* 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 ₹289.14 Mil.
Total Current Assets was ₹166.90 Mil.
Total Current Liabilities was ₹0.14 Mil.
Retained Earnings was ₹0.00 Mil.
Pre-Tax Income was 3.054 + 0.054 + 0.202 + -0.809 = ₹2.50 Mil.
Interest Expense was 0 + 0 + 0 + 0 = ₹0.00 Mil.
Total Liabilities was ₹0.14 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
=(166.899 - 0.143)/289.137
=0.5767

X2=Retained Earnings/Total Assets
=0/289.137
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2.501 - 0)/289.137
=0.0086

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(288.994 - 0)/0.143
=2020.9371

The zones of discrimination were as such:

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

Mystic Electronics has a Altman Z2-Score of 2,125.82 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2,125.82 mean?
Mystic Electronics (BOM:535205) has a Altman Z2-Score of 2,125.82 as of Jul. 12, 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 Mystic Electronics and its competitors. This is 7744% above median its historical median of 27.10. Over the past decade, Mystic Electronics' Altman Z2-Score has ranged from 6.76 to 2,125.83. According to the industry distribution chart, Mystic Electronics ranks #1 out of 2487 companies in the Hardware industry, placing it in the top 0%.
Is Mystic Electronics' Altman Z2-Score too high?
Mystic Electronics' current Altman Z2-Score of 2,125.82 is 7744% above median its 10-year median of 27.10. Over the past 10 years, this metric has ranged from a low of 6.76 to a high of 2,125.83. The Hardware industry median Altman Z2-Score is 4.09. Mystic Electronics' value of 2,125.82 is 51876% above this industry median. Based on the distribution chart, Mystic Electronics ranks #1 out of 2487 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mystic Electronics has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Mystic Electronics' Altman Z2-Score compare to SNX and ARW?
According to the Hardware industry distribution chart, Mystic Electronics ranks #1 out of 2487 companies for Altman Z2-Score. This places Mystic Electronics in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.09. Mystic Electronics' value of 2,125.82 is 51876% above this benchmark. Historically, Mystic Electronics' own Altman Z2-Score has ranged from 6.76 to 2,125.83 over the past decade. While the company's 10-year median is 27.10 vs. the industry median of 4.09, Mystic Electronics 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 Hardware company?
The median Altman Z2-Score among Hardware companies is 4.09, based on 2,487 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. Mystic Electronics's current Altman Z2-Score of 2,125.82 is 51876% 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 Mystic Electronics and its competitors. For the Hardware industry, the median Altman Z2-Score is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mystic Electronics's current Altman Z2-Score is 2,125.82, which is 7744% above median its own 10-year median of 27.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mystic Electronics stock overvalued right now?
Mystic Electronics (BOM:535205) has a current Altman Z2-Score of 2,125.82. The current Altman Z2-Score is 2,125.82, which is 7744% above median its 10-year median of 27.10 and 51876% above the Hardware industry median of 4.09. Mystic Electronics' overall GF Score™ is 32/100. 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 Mystic Electronics (BOM:535205), the current Altman Z2-Score is 2,125.82 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.

Mystic Electronics Business Description

Address Dawood Baug Lane, Off J. P. Road, 401/A, Pearl Arcade, Opposite P. K. Jewellers, Andheri (West), Mumbai, MH, IND, 400058
Mystic Electronics Ltd is engaged in the business of procurement and trading of electronic products such as mobile handsets, computer hardware, and software. The company trades in various components that are the high-end server, low-end server, networking router, fiber, networking switch, computer server blade, storage for data, and computer systems. The business operates in one business segment, which is the trading of Electronic Products.
32GF Score

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