Banco Products (India)BOM:500039 -1.79%78 Altman Z-Score is 6.77 as of Jul. 07, 2026, which is 46% above its 10-year median of 4.64. GuruFocus rates BOM:500039 with a GF Score™ of 78/100 and a GF Value™ of ₹492.79 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,316 Vehicles & Parts companies, Banco Products (India) ranks better than 89.21% 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.
Good Sign:
Altman Z-score of 6.84 is strong.
Banco Products (India) has a Altman Z-Score of 6.77, 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 Banco Products (India)'s Altman Z-Score or its related term are showing as below:
BOM:500039'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.37 Med: 4.64 Max: 6.84
Current: 6.84
During the past 13 years, Banco Products (India)'s highest Altman Z-Score was 6.84. The lowest was 3.37. And the median was 4.64.
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.
Altman Z-Score does not apply to financial companies.
Banco Products (India) Altman Z-Score Related Terms
Banco Products (India) Altman Z-Score Historical Data
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The historical data trend for Banco Products (India)'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.
BOM:500039 vs ORLY, AZO: Altman Z-Score Comparison
For the Auto Parts subindustry, Banco Products (India)'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.
Banco Products (India) Altman Z-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Banco Products (India)'s Altman Z-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.
* 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.
Banco Products (India) (BOM:500039) has a Altman Z-Score of 6.77 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Banco Products (India) and its competitors. This is 46% above median its historical median of 4.64. Over the past decade, Banco Products (India)'s Altman Z-Score has ranged from 3.37 to 6.84. According to the industry distribution chart, Banco Products (India) ranks #142 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 10.8%.
Is Banco Products (India)'s Altman Z-Score too high?
Banco Products (India)'s current Altman Z-Score of 6.77 is 46% above median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 6.84. The Vehicles & Parts industry median Altman Z-Score is 2.58. Banco Products (India)'s value of 6.77 is 162.4% above this industry median. Based on the distribution chart, Banco Products (India) ranks #142 out of 1316 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Banco Products (India) has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Products (India)'s Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Banco Products (India) ranks #142 out of 1316 companies for Altman Z-Score. This places Banco Products (India) in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.58. Banco Products (India)'s value of 6.77 is 162.4% above this benchmark. Historically, Banco Products (India)'s own Altman Z-Score has ranged from 3.37 to 6.84 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 2.58, Banco Products (India) 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 Z-Score for a Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.58, based on 1,316 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. Banco Products (India)'s current Altman Z-Score of 6.77 is 162.4% 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 Banco Products (India) and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Products (India)'s current Altman Z-Score is 6.77, which is 46% above median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Products (India) stock overvalued right now?
Based on GuruFocus' analysis, Banco Products (India) (BOM:500039) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹492.79, compared to a current price of ₹676.90 — trading 37.4% above its estimated fair value. The current Altman Z-Score is 6.77, which is 46% above median its 10-year median of 4.64 and 162.4% above the Vehicles & Parts industry median of 2.58. Banco Products (India)'s overall GF Score™ is 78/100 with 1 warning sign 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 Banco Products (India) (BOM:500039), the current Altman Z-Score is 6.77 as of Jul. 07, 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 Banco Products (India) (BOM:500039) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Products (India) stock appears to be overvalued.
The current stock price of ₹676.90 is trading 37.4% above its estimated GF Value™ of ₹492.79.
GuruFocus considers Banco Products (India) to be Significantly Overvalued.
Key valuation signals for BOM:500039:
Altman Z-Score: 6.77 (46% above median its 10-year median of 4.64)
GF Value™: ₹492.79 vs. price of ₹676.90 (37.4% above fair value)
Industry Position: 162.4% above the Vehicles & Parts median (#142 of 1316)
No single metric tells the full story. See the BOM:500039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Products (India) Ltd is a company engaged in the manufacturing and selling of radiators. The company manufactures aluminum radiators and copper-brass radiators. Its products include charged air coolers, fuel coolers, oil coolers, cooling systems, sealing gaskets, joint gaskets and sheets, and rubber products. Banco manufactures and supplies original equipment (OE) for commercial vehicles, passenger vehicles, and industrial products. The company caters to the domestic and international markets. The company generates the majority of its revenue within India.
78GF Score
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