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Jaykay EnterprisesBOM:500306 -0.70%77 Altman Z-Score is 11.94 as of Jul. 14, 2026, which is 57% above its 10-year median of 7.60. GuruFocus rates BOM:500306 with a GF Score™ of 77/100 and a GF Value™ of ₹285.17 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,062 Business Services companies, Jaykay Enterprises ranks better than 92.37% 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 12.02 is strong.
Jaykay Enterprises has a Altman Z-Score of 11.94, 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 Jaykay Enterprises's Altman Z-Score or its related term are showing as below:
BOM:500306'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.1 Med: 7.6 Max: 26.87
Current: 12.02
During the past 13 years, Jaykay Enterprises's highest Altman Z-Score was 26.87. The lowest was 2.10. And the median was 7.60.
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.
Jaykay Enterprises Altman Z-Score Related Terms
Jaykay Enterprises Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Jaykay Enterprises'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:500306 vs CTAS, CPRT, ULS: Altman Z-Score Comparison
For the Specialty Business Services subindustry, Jaykay Enterprises'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.
Jaykay Enterprises Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Jaykay Enterprises's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Jaykay Enterprises'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.
Jaykay Enterprises's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.2168
+
1.4
*
0
+
3.3
*
0.2744
+
0.6
*
17.4843
+
1.0
*
0.2875
=
11.94
* 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.
Jaykay Enterprises (BOM:500306) has a Altman Z-Score of 11.94 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Jaykay Enterprises and its competitors. This is 57% above median its historical median of 7.60. Over the past decade, Jaykay Enterprises' Altman Z-Score has ranged from 2.10 to 26.87. According to the industry distribution chart, Jaykay Enterprises ranks #81 out of 1062 companies in the Business Services industry, placing it in the top 7.6%.
Is Jaykay Enterprises' Altman Z-Score too high?
Jaykay Enterprises' current Altman Z-Score of 11.94 is 57% above median its 10-year median of 7.60. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 26.87. The Business Services industry median Altman Z-Score is 2.96. Jaykay Enterprises' value of 11.94 is 304.1% above this industry median. Based on the distribution chart, Jaykay Enterprises ranks #81 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Jaykay Enterprises has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jaykay Enterprises' Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Jaykay Enterprises ranks #81 out of 1062 companies for Altman Z-Score. This places Jaykay Enterprises in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.96. Jaykay Enterprises' value of 11.94 is 304.1% above this benchmark. Historically, Jaykay Enterprises' own Altman Z-Score has ranged from 2.10 to 26.87 over the past decade. While the company's 10-year median is 7.60 vs. the industry median of 2.96, Jaykay Enterprises 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.96, based on 1,062 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. Jaykay Enterprises's current Altman Z-Score of 11.94 is 304.1% 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 Jaykay Enterprises and its competitors. For the Business Services industry, the median Altman Z-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jaykay Enterprises's current Altman Z-Score is 11.94, which is 57% above median its own 10-year median of 7.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaykay Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Jaykay Enterprises (BOM:500306) is currently considered Possible Value Trap. The stock's GF Value™ is ₹285.17, compared to a current price of ₹183.55 — trading 35.6% below its estimated fair value. The current Altman Z-Score is 11.94, which is 57% above median its 10-year median of 7.60 and 304.1% above the Business Services industry median of 2.96. Jaykay Enterprises' overall GF Score™ is 77/100 with 6 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 Jaykay Enterprises (BOM:500306), the current Altman Z-Score is 11.94 as of Jul. 14, 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 Jaykay Enterprises (BOM:500306) Overvalued in 2026?
Based on GuruFocus' analysis, Jaykay Enterprises stock appears to be undervalued.
The current stock price of ₹183.55 is trading 35.6% below its estimated GF Value™ of ₹285.17.
GuruFocus considers Jaykay Enterprises to be Possible Value Trap.
Key valuation signals for BOM:500306:
Altman Z-Score: 11.94 (57% above median its 10-year median of 7.60)
GF Value™: ₹285.17 vs. price of ₹183.55 (35.6% below fair value)
Industry Position: 304.1% above the Business Services median (#81 of 1062)
No single metric tells the full story. See the BOM:500306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jaykay Enterprises Ltd is involved in various business operations in the area of 3D Printing and technology. The company has diversified itself into additive manufacturing systems, proto-typing, powder metallurgy, large-scale digital manufacturing, reverse engineering, and plant modeling, in the area of defense and aerospace. The company is also engaged in engineering products across various industry verticals, software designing and development, and manufacturing of parts and accessories used in the defense and aerospace sectors. Its reportable segments are; Defence and Aerospace, and Digital Manufacturing and Advance Systems. The majority of its revenue is derived from the Digital Manufacturing and Advance Systems segment.
77GF Score
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