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Eicher MotorsBOM:505200 +0.10%94 Altman Z-Score is 18.92 as of Jul. 17, 2026, which is 15% above its 10-year median of 16.48. GuruFocus rates BOM:505200 with a GF Score™ of 94/100 and a GF Value™ of ₹7,053.65 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Eicher Motors ranks better than 97.72% 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 18.79 is strong.
Eicher Motors has a Altman Z-Score of 18.92, 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 Eicher Motors's Altman Z-Score or its related term are showing as below:
BOM:505200'
s Altman Z-Score Range Over the Past 10 Years
Min: 11.52 Med: 16.48 Max: 28.2
Current: 18.79
During the past 13 years, Eicher Motors's highest Altman Z-Score was 28.20. The lowest was 11.52. And the median was 16.48.
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.
Eicher Motors Altman Z-Score Related Terms
Eicher Motors Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Eicher Motors'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:505200 vs TSLA, GM, F: Altman Z-Score Comparison
For the Auto Manufacturers subindustry, Eicher Motors'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.
Eicher Motors Altman Z-Score vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Eicher Motors's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Eicher Motors'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.
Eicher Motors'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
*
0.1409
+
1.4
*
0
+
3.3
*
0.223
+
0.6
*
28.8297
+
1.0
*
0.7144
=
18.92
* 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.
Eicher Motors (BOM:505200) has a Altman Z-Score of 18.92 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Eicher Motors and its competitors. This is 15% above median its historical median of 16.48. Over the past decade, Eicher Motors' Altman Z-Score has ranged from 11.52 to 28.20. According to the industry distribution chart, Eicher Motors ranks #30 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 2.3%.
Is Eicher Motors' Altman Z-Score too high?
Eicher Motors' current Altman Z-Score of 18.92 is 15% above median its 10-year median of 16.48. Over the past 10 years, this metric has ranged from a low of 11.52 to a high of 28.20. The Vehicles & Parts industry median Altman Z-Score is 2.56. Eicher Motors' value of 18.92 is 639.1% above this industry median. Based on the distribution chart, Eicher Motors ranks #30 out of 1313 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Eicher Motors has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eicher Motors' Altman Z-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Eicher Motors ranks #30 out of 1313 companies for Altman Z-Score. This places Eicher Motors in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.56. Eicher Motors' value of 18.92 is 639.1% above this benchmark. Historically, Eicher Motors' own Altman Z-Score has ranged from 11.52 to 28.20 over the past decade. While the company's 10-year median is 16.48 vs. the industry median of 2.56, Eicher Motors 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 2.56, based on 1,313 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. Eicher Motors's current Altman Z-Score of 18.92 is 639.1% 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 Eicher Motors and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eicher Motors's current Altman Z-Score is 18.92, which is 15% above median its own 10-year median of 16.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eicher Motors stock overvalued right now?
Based on GuruFocus' analysis, Eicher Motors (BOM:505200) is currently considered Fairly Valued. The stock's GF Value™ is ₹7,053.65, compared to a current price of ₹7,414.80 — trading 5.1% above its estimated fair value. The current Altman Z-Score is 18.92, which is 15% above median its 10-year median of 16.48 and 639.1% above the Vehicles & Parts industry median of 2.56. Eicher Motors' overall GF Score™ is 94/100 with 2 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 Eicher Motors (BOM:505200), the current Altman Z-Score is 18.92 as of Jul. 17, 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 Eicher Motors (BOM:505200) Overvalued in 2026?
Based on GuruFocus' analysis, Eicher Motors stock appears to be overvalued.
The current stock price of ₹7,414.80 is trading 5.1% above its estimated GF Value™ of ₹7,053.65.
GuruFocus considers Eicher Motors to be Fairly Valued.
Key valuation signals for BOM:505200:
Altman Z-Score: 18.92 (15% above median its 10-year median of 16.48)
GF Value™: ₹7,053.65 vs. price of ₹7,414.80 (5.1% above fair value)
Industry Position: 639.1% above the Vehicles & Parts median (#30 of 1313)
No single metric tells the full story. See the BOM:505200 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eicher Motors Ltd is an Indian automobile manufacturer and is also engaged in the retail of related components and accessories. The company manufactures two-wheeler motorcycles and commercial vehicles. The Motorcycles division, which derives its key revenue, produces motorcycles through the Royal Enfield brand. The Commercial Vehicles division, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of its revenue within India and also has a presence in overseas markets.
94GF Score
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