Madhya Pradesh Today Media (NSE:MPTODAY) Altman Z2-Score: 17.30 (As of Jul. 15, 2026) — 168% Above Median

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NSE:MPTODAY Madhya Pradesh Today Media Ltd NSE:MPTODAY
75 GF Score
Price ₹46.00
GF Value ₹41.62
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Madhya Pradesh Today Media Altman Z2-Score?

Madhya Pradesh Today Media NSE:MPTODAY 75 Altman Z2-Score is 17.30 as of Jul. 15, 2026, which is 168% above its 10-year median of 6.45. GuruFocus rates NSE:MPTODAY with a GF Score™ of 75/100 and a GF Value™ of ₹41.62 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,019 Media - Diversified companies, Madhya Pradesh Today Media ranks better than 97.35% 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:

Madhya Pradesh Today Media has a Altman Z2-Score of 17.30, 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 Madhya Pradesh Today Media's Altman Z2-Score or its related term are showing as below:

NSE:MPTODAY' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.71   Med: 6.45   Max: 17.3
Current: 17.3

During the past 13 years, Madhya Pradesh Today Media's highest Altman Z2-Score was 17.30. The lowest was 1.71. And the median was 6.45.


Madhya Pradesh Today Media  (NSE:MPTODAY) 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.


Madhya Pradesh Today Media Altman Z2-Score Related Terms


Madhya Pradesh Today Media Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Madhya Pradesh Today Media'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.

Madhya Pradesh Today Media Altman Z2-Score Chart

Madhya Pradesh Today Media Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.62 7.71 8.72 13.24 17.30

Madhya Pradesh Today Media Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.62 7.71 8.72 13.24 17.30

NSE:MPTODAY vs NYT, WLY: Altman Z2-Score Comparison

For the Publishing subindustry, Madhya Pradesh Today Media'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.


Madhya Pradesh Today Media Altman Z2-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madhya Pradesh Today Media's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Madhya Pradesh Today Media's Altman Z2-Score falls into.


NSE:MPTODAY
75GF Score
Madhya Pradesh Today Media Ltd NSE:MPTODAY
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Madhya Pradesh Today Media 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.

Madhya Pradesh Today Media'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*0.4138+3.26*0.5778+6.72*0.0862+1.05*11.5437
=17.30

* 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. 2025:
Total Assets was ₹484.6 Mil.
Total Current Assets was ₹237.1 Mil.
Total Current Liabilities was ₹36.6 Mil.
Retained Earnings was ₹280.0 Mil.
Pre-Tax Income was ₹37.6 Mil.
Interest Expense was ₹-4.2 Mil.
Total Liabilities was ₹38.6 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
=(237.141 - 36.62)/484.575
=0.4138

X2=Retained Earnings/Total Assets
=279.976/484.575
=0.5778

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(37.575 - -4.201)/484.575
=0.0862

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(445.944 - 0)/38.631
=11.5437

The zones of discrimination were as such:

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

Madhya Pradesh Today Media has a Altman Z2-Score of 17.30 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 17.30 mean?
Madhya Pradesh Today Media (NSE:MPTODAY) has a Altman Z2-Score of 17.30 as of Jul. 15, 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 Madhya Pradesh Today Media and its competitors. This is 168% above median its historical median of 6.45. Over the past decade, Madhya Pradesh Today Media's Altman Z2-Score has ranged from 1.71 to 17.30. According to the industry distribution chart, Madhya Pradesh Today Media ranks #27 out of 1019 companies in the Media - Diversified industry, placing it in the top 2.6%.
Is Madhya Pradesh Today Media's Altman Z2-Score too high?
Madhya Pradesh Today Media's current Altman Z2-Score of 17.30 is 168% above median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 17.30. The Media - Diversified industry median Altman Z2-Score is 2.54. Madhya Pradesh Today Media's value of 17.30 is 581.1% above this industry median. Based on the distribution chart, Madhya Pradesh Today Media ranks #27 out of 1019 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Madhya Pradesh Today Media has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madhya Pradesh Today Media's Altman Z2-Score compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Madhya Pradesh Today Media ranks #27 out of 1019 companies for Altman Z2-Score. This places Madhya Pradesh Today Media in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.54. Madhya Pradesh Today Media's value of 17.30 is 581.1% above this benchmark. Historically, Madhya Pradesh Today Media's own Altman Z2-Score has ranged from 1.71 to 17.30 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 2.54, Madhya Pradesh Today Media 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 Media - Diversified company?
The median Altman Z2-Score among Media - Diversified companies is 2.54, based on 1,019 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. Madhya Pradesh Today Media's current Altman Z2-Score of 17.30 is 581.1% 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 Madhya Pradesh Today Media and its competitors. For the Media - Diversified industry, the median Altman Z2-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madhya Pradesh Today Media's current Altman Z2-Score is 17.30, which is 168% above median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhya Pradesh Today Media stock overvalued right now?
Based on GuruFocus' analysis, Madhya Pradesh Today Media (NSE:MPTODAY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹41.62, compared to a current price of ₹46.00 — trading 10.5% above its estimated fair value. The current Altman Z2-Score is 17.30, which is 168% above median its 10-year median of 6.45 and 581.1% above the Media - Diversified industry median of 2.54. Madhya Pradesh Today Media's overall GF Score™ is 75/100 with 3 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 Madhya Pradesh Today Media (NSE:MPTODAY), the current Altman Z2-Score is 17.30 as of Jul. 15, 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 Madhya Pradesh Today Media (NSE:MPTODAY) Overvalued in 2026?

Based on GuruFocus' analysis, Madhya Pradesh Today Media stock appears to be overvalued. The current stock price of ₹46.00 is trading 10.5% above its estimated GF Value™ of ₹41.62. GuruFocus considers Madhya Pradesh Today Media to be Modestly Overvalued.

Key valuation signals for NSE:MPTODAY:

  • Altman Z2-Score: 17.30 (168% above median its 10-year median of 6.45)
  • GF Value™: ₹41.62 vs. price of ₹46.00 (10.5% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 581.1% above the Media - Diversified median (#27 of 1019)

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


Madhya Pradesh Today Media Business Description

Address M.P. Nagar, Plot No. 5, Press Complex, Zone - I, Bhopal, MP, IND, 462011
Madhya Pradesh Today Media Ltd is engaged in the publication of the newspaper, news through the news portal, and event-based magazines. The company's newspapers include Pradesh Today, and Morning Daily, among others. The company is principally engaged in print media. It generates maximum revenue from Advertisements.
75GF Score

Get the complete analysis for NSE:MPTODAY

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

₹46.00
Price
₹41.62
GF Value