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 1.92 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.
Kamat Hotels (India) has a Altman Z-Score of 1.91, indicating it is in Grey Zones. This implies that Kamat Hotels (India) 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 Kamat Hotels (India)'s Altman Z-Score or its related term are showing as below:
BOM:526668'
s Altman Z-Score Range Over the Past 10 Years
Min: -2.51 Med: -0.21 Max: 2.85
Current: 1.92
During the past 13 years, Kamat Hotels (India)'s highest Altman Z-Score was 2.85. The lowest was -2.51. And the median was -0.21.
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.
Kamat Hotels (India) Altman Z-Score Related Terms
Kamat Hotels (India) Altman Z-Score Historical Data
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The historical data trend for Kamat Hotels (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:526668 vs MAR, HLT, H: Altman Z-Score Comparison
For the Lodging subindustry, Kamat Hotels (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.
Kamat Hotels (India) Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Kamat Hotels (India)'s Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Kamat Hotels (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.
Kamat Hotels (India)'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
*
0.008
+
1.4
*
0
+
3.3
*
0.1218
+
0.6
*
1.5475
+
1.0
*
0.5669
=
1.91
* 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.
Kamat Hotels (India) (BOM:526668) has a Altman Z-Score of 1.91 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kamat Hotels (India) and its competitors. According to the industry distribution chart, Kamat Hotels (India) ranks #428 out of 837 companies in the Travel & Leisure industry, placing it in the top 51.1%.
Is Kamat Hotels (India)'s Altman Z-Score too high?
Kamat Hotels (India)'s current Altman Z-Score is 1.91. The Travel & Leisure industry median Altman Z-Score is 1.97. Kamat Hotels (India)'s value of 1.91 is 3% below this industry median. Based on the distribution chart, Kamat Hotels (India) ranks #428 out of 837 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Kamat Hotels (India) has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kamat Hotels (India)'s Altman Z-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Kamat Hotels (India) ranks #428 out of 837 companies for Altman Z-Score. This places Kamat Hotels (India) in the lower half of its industry. The industry median Altman Z-Score is 1.97. Kamat Hotels (India)'s value of 1.91 is 3% below this benchmark. 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 1.97, based on 837 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. Kamat Hotels (India)'s current Altman Z-Score of 1.91 is 3% below 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 Kamat Hotels (India) and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kamat Hotels (India)'s current Altman Z-Score is 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kamat Hotels (India) stock overvalued right now?
Based on GuruFocus' analysis, Kamat Hotels (India) (BOM:526668) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹259.31, compared to a current price of ₹182.50 — trading 29.6% below its estimated fair value. The current Altman Z-Score is 1.91 and 3% below the Travel & Leisure industry median of 1.97. Kamat Hotels (India)'s overall GF Score™ is 65/100 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 Kamat Hotels (India) (BOM:526668), the current Altman Z-Score is 1.91 as of Jul. 03, 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 Kamat Hotels (India) (BOM:526668) Overvalued in 2026?
Based on GuruFocus' analysis, Kamat Hotels (India) stock appears to be undervalued.
The current stock price of ₹182.50 is trading 29.6% below its estimated GF Value™ of ₹259.31.
GuruFocus considers Kamat Hotels (India) to be Significantly Undervalued.
Key valuation signals for BOM:526668:
Altman Z-Score: 1.91
GF Value™: ₹259.31 vs. price of ₹182.50 (29.6% below fair value)
Industry Position: 3% below the Travel & Leisure median (#428 of 837)
No single metric tells the full story. See the BOM:526668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kamat Hotels (India) Ltd, along with its subsidiaries, is involved in the hospitality and related sectors in India. The company operates hotels and restaurants under the brand names Orchid, Gadh, VITS, and Lotus. Its activities include running hotels owned by the company, managing hotels owned by others under contract, providing catering services, and offering timeshare options. It also manages hotels owned by third parties under contract, as well as clubs and resorts; plus, it is engaged in the timeshare business. All operations mainly take place within India.
65GF Score
Get the complete analysis for BOM:526668
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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