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Joindre Capital ServicesBOM:531861 -10.11%66 Altman Z-Score is 1.21 as of Jul. 25, 2026, which is 12% below its 10-year median of 1.37. GuruFocus rates BOM:531861 with a GF Score™ of 66/100 and a GF Value™ of ₹44.48 (Fairly Valued). The stock has 5 warning signs investors should review. Among 662 Capital Markets companies, Joindre Capital Services ranks worse than 67.82% 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 1.27 is in distress zone. This implies bankruptcy possibility in the next two years.
Joindre Capital Services has a Altman Z-Score of 1.21, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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 Joindre Capital Services's Altman Z-Score or its related term are showing as below:
BOM:531861'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.56 Med: 1.37 Max: 2.55
Current: 1.27
During the past 13 years, Joindre Capital Services's highest Altman Z-Score was 2.55. The lowest was 0.56. And the median was 1.37.
Joindre Capital Services (BOM:531861) 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.
* 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:531861 vs MS, GS, SCHW: Altman Z-Score Comparison
For the Capital Markets subindustry, Joindre Capital Services'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.
Joindre Capital Services Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Joindre Capital Services's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Joindre Capital Services's Altman Z-Score falls into.
Joindre Capital Services Altman Z-Score Calculation
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.
Joindre Capital Services (BOM:531861) has a Altman Z-Score of 1.21 as of Jul. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Joindre Capital Services and its competitors. This is 12% below median its historical median of 1.37. Over the past decade, Joindre Capital Services' Altman Z-Score has ranged from 0.56 to 2.55. According to the industry distribution chart, Joindre Capital Services ranks #449 out of 662 companies in the Capital Markets industry, placing it in the top 67.8%.
Is Joindre Capital Services' Altman Z-Score too high?
Joindre Capital Services' current Altman Z-Score of 1.21 is 12% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.55. The Capital Markets industry median Altman Z-Score is 2.65. Joindre Capital Services' value of 1.21 is 54.3% below this industry median. Based on the distribution chart, Joindre Capital Services ranks #449 out of 662 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Joindre Capital Services has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Joindre Capital Services' Altman Z-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Joindre Capital Services ranks #449 out of 662 companies for Altman Z-Score. This places Joindre Capital Services in the lower half of its industry. The industry median Altman Z-Score is 2.65. Joindre Capital Services' value of 1.21 is 54.3% below this benchmark. Historically, Joindre Capital Services' own Altman Z-Score has ranged from 0.56 to 2.55 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 2.65, Joindre Capital Services has consistently been below 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 2.65, based on 662 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. Joindre Capital Services's current Altman Z-Score of 1.21 is 54.3% 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 Joindre Capital Services and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joindre Capital Services's current Altman Z-Score is 1.21, which is 12% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joindre Capital Services stock overvalued right now?
Based on GuruFocus' analysis, Joindre Capital Services (BOM:531861) is currently considered Fairly Valued. The stock's GF Value™ is ₹44.48, compared to a current price of ₹48.53 — trading 9.1% above its estimated fair value. The current Altman Z-Score is 1.21, which is 12% below median its 10-year median of 1.37 and 54.3% below the Capital Markets industry median of 2.65. Joindre Capital Services' overall GF Score™ is 66/100 with 5 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 Joindre Capital Services (BOM:531861), the current Altman Z-Score is 1.21 as of Jul. 25, 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 Joindre Capital Services (BOM:531861) Overvalued in 2026?
Based on GuruFocus' analysis, Joindre Capital Services stock appears to be overvalued.
The current stock price of ₹48.53 is trading 9.1% above its estimated GF Value™ of ₹44.48.
GuruFocus considers Joindre Capital Services to be Fairly Valued.
Key valuation signals for BOM:531861:
Altman Z-Score: 1.21 (12% below median its 10-year median of 1.37)
GF Value™: ₹44.48 vs. price of ₹48.53 (9.1% above fair value)
Industry Position: 54.3% below the Capital Markets median (#449 of 662)
No single metric tells the full story. See the BOM:531861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Joindre Capital Services Ltd is engaged in the capital market business sector. The company provides various services like retail investment, institutional broking, mutual fund, derivatives, initial public offerings, internet trading, research, and others. The company has one business segment that is stock broking business and allied activities.
66GF Score
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