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Nam SecuritiesBOM:538395 +2.89%50 Altman Z-Score is 105.25 as of Jul. 30, 2026, which is 285% above its 10-year median of 27.36. GuruFocus rates BOM:538395 with a GF Score™ of 50/100 and a GF Value™ of ₹70.85 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 663 Capital Markets companies, Nam Securities ranks better than 94.57% 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 102.98 is strong.
Nam Securities has a Altman Z-Score of 105.25, 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 Nam Securities's Altman Z-Score or its related term are showing as below:
BOM:538395'
s Altman Z-Score Range Over the Past 10 Years
Min: 10.56 Med: 27.36 Max: 103.55
Current: 102.98
During the past 13 years, Nam Securities's highest Altman Z-Score was 103.55. The lowest was 10.56. And the median was 27.36.
Nam Securities (BOM:538395) 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.
Nam Securities Altman Z-Score Related Terms
Nam Securities Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Nam Securities'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:538395 vs MS, GS, SCHW: Altman Z-Score Comparison
For the Capital Markets subindustry, Nam Securities'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.
Nam Securities Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nam Securities's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Nam Securities'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.
Nam Securities'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
*
0.8187
+
1.4
*
0
+
3.3
*
0.0205
+
0.6
*
165.986
+
1.0
*
4.6062
=
105.25
* 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.
Nam Securities (BOM:538395) has a Altman Z-Score of 105.25 as of Jul. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nam Securities and its competitors. This is 285% above median its historical median of 27.36. Over the past decade, Nam Securities' Altman Z-Score has ranged from 10.56 to 103.55. According to the industry distribution chart, Nam Securities ranks #36 out of 663 companies in the Capital Markets industry, placing it in the top 5.4%.
Is Nam Securities' Altman Z-Score too high?
Nam Securities' current Altman Z-Score of 105.25 is 285% above median its 10-year median of 27.36. Over the past 10 years, this metric has ranged from a low of 10.56 to a high of 103.55. The Capital Markets industry median Altman Z-Score is 2.61. Nam Securities' value of 105.25 is 3932.6% above this industry median. Based on the distribution chart, Nam Securities ranks #36 out of 663 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Nam Securities has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nam Securities' Altman Z-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Nam Securities ranks #36 out of 663 companies for Altman Z-Score. This places Nam Securities in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.61. Nam Securities' value of 105.25 is 3932.6% above this benchmark. Historically, Nam Securities' own Altman Z-Score has ranged from 10.56 to 103.55 over the past decade. While the company's 10-year median is 27.36 vs. the industry median of 2.61, Nam Securities 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 2.61, based on 663 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. Nam Securities's current Altman Z-Score of 105.25 is 3932.6% 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 Nam Securities and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Securities's current Altman Z-Score is 105.25, which is 285% above median its own 10-year median of 27.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Securities stock overvalued right now?
Based on GuruFocus' analysis, Nam Securities (BOM:538395) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹70.85, compared to a current price of ₹94.66 — trading 33.6% above its estimated fair value. The current Altman Z-Score is 105.25, which is 285% above median its 10-year median of 27.36 and 3932.6% above the Capital Markets industry median of 2.61. Nam Securities' overall GF Score™ is 50/100 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 Nam Securities (BOM:538395), the current Altman Z-Score is 105.25 as of Jul. 30, 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 Nam Securities (BOM:538395) Overvalued in 2026?
Based on GuruFocus' analysis, Nam Securities stock appears to be overvalued.
The current stock price of ₹94.66 is trading 33.6% above its estimated GF Value™ of ₹70.85.
GuruFocus considers Nam Securities to be Significantly Overvalued.
Key valuation signals for BOM:538395:
Altman Z-Score: 105.25 (285% above median its 10-year median of 27.36)
GF Value™: ₹70.85 vs. price of ₹94.66 (33.6% above fair value)
Industry Position: 3932.6% above the Capital Markets median (#36 of 663)
No single metric tells the full story. See the BOM:538395 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nam Securities Ltd is engaged in securities dealing activities. The company provides trading services in equity, derivatives, commodities, currency and others. Its business segment includes broking and trading in shares, mutual funds, and depository services.
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