Quest Capital MarketsBOM:500069 -0.14%72 Altman Z-Score is 2.70 as of Jul. 13, 2026, which is 36% below its 10-year median of 4.21. GuruFocus rates BOM:500069 with a GF Score™ of 72/100 and a GF Value™ of ₹453.78 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 661 Capital Markets companies, Quest Capital Markets ranks better than 51.44% 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.
Warning Sign:
Altman Z-score of 2.7 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Quest Capital Markets has a Altman Z-Score of 2.70, indicating it is in Grey Zones. This implies that Quest Capital Markets is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Quest Capital Markets's Altman Z-Score or its related term are showing as below:
BOM:500069'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.04 Med: 4.21 Max: 30.42
Current: 2.7
During the past 13 years, Quest Capital Markets's highest Altman Z-Score was 30.42. The lowest was 2.04. And the median was 4.21.
Quest Capital Markets (BOM:500069) Altman Z-Score Explanation
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.
Quest Capital Markets Altman Z-Score Related Terms
Quest Capital Markets Altman Z-Score Historical Data
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The historical data trend for Quest Capital Markets'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:500069 vs MS, GS, SCHW: Altman Z-Score Comparison
For the Capital Markets subindustry, Quest Capital Markets'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.
Quest Capital Markets Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Quest Capital Markets's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Quest Capital Markets'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.
Quest Capital Markets (BOM:500069) has a Altman Z-Score of 2.70 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Quest Capital Markets and its competitors. This is 36% below median its historical median of 4.21. Over the past decade, Quest Capital Markets' Altman Z-Score has ranged from 2.04 to 30.42. According to the industry distribution chart, Quest Capital Markets ranks #321 out of 661 companies in the Capital Markets industry, placing it in the top 48.6%.
Is Quest Capital Markets' Altman Z-Score too high?
Quest Capital Markets' current Altman Z-Score of 2.70 is 36% below median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 30.42. The Capital Markets industry median Altman Z-Score is 2.62. Quest Capital Markets' value of 2.70 is 3.1% above this industry median. Based on the distribution chart, Quest Capital Markets ranks #321 out of 661 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Quest Capital Markets has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Quest Capital Markets' Altman Z-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Quest Capital Markets ranks #321 out of 661 companies for Altman Z-Score. This puts Quest Capital Markets in the upper half of its industry. The industry median Altman Z-Score is 2.62. Quest Capital Markets' value of 2.70 is 3.1% above this benchmark. Historically, Quest Capital Markets' own Altman Z-Score has ranged from 2.04 to 30.42 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 2.62, Quest Capital Markets 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 Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.62, based on 661 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. Quest Capital Markets's current Altman Z-Score of 2.70 is 3.1% 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 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 Quest Capital Markets and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quest Capital Markets's current Altman Z-Score is 2.70, which is 36% below median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quest Capital Markets stock overvalued right now?
Based on GuruFocus' analysis, Quest Capital Markets (BOM:500069) is currently considered Possible Value Trap. The stock's GF Value™ is ₹453.78, compared to a current price of ₹276.00 — trading 39.2% below its estimated fair value. The current Altman Z-Score is 2.70, which is 36% below median its 10-year median of 4.21 and 3.1% above the Capital Markets industry median of 2.62. Quest Capital Markets' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Quest Capital Markets (BOM:500069), the current Altman Z-Score is 2.70 as of Jul. 13, 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 Quest Capital Markets (BOM:500069) Overvalued in 2026?
Based on GuruFocus' analysis, Quest Capital Markets stock appears to be undervalued.
The current stock price of ₹276.00 is trading 39.2% below its estimated GF Value™ of ₹453.78.
GuruFocus considers Quest Capital Markets to be Possible Value Trap.
Key valuation signals for BOM:500069:
Altman Z-Score: 2.70 (36% below median its 10-year median of 4.21)
GF Value™: ₹453.78 vs. price of ₹276.00 (39.2% below fair value)
Industry Position: 3.1% above the Capital Markets median (#321 of 661)
No single metric tells the full story. See the BOM:500069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quest Capital Markets Ltd has diversified activities in financial services and investment counseling. The services of the company includes Securities Broking, Commodities Broking, Online trading in securities, Wealth Management, Distribution services, Depository services, and Other Financial Services. The company serves services in the financial sector, capital markets, and commodities exchanges. Its clients spread from Institutions, Corporate Houses and High Net worth Investors.
72GF Score
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