Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Navigantorate AdvisorsBOM:539521 66 Altman Z-Score is 18.70 as of Aug. 07, 2026, which is 147% above its 10-year median of 7.58. GuruFocus rates BOM:539521 with a GF Score™ of 66/100 and a GF Value™ of ₹29.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 665 Capital Markets companies, Navigantorate Advisors ranks better than 86.47% 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 18.7 is strong.
Navigantorate Advisors has a Altman Z-Score of 18.70, 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 Navigantorate Advisors's Altman Z-Score or its related term are showing as below:
BOM:539521'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.75 Med: 7.58 Max: 20.58
Current: 18.7
During the past 12 years, Navigantorate Advisors's highest Altman Z-Score was 20.58. The lowest was 3.75. And the median was 7.58.
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.
Navigantorate Advisors Altman Z-Score Related Terms
Navigantorate Advisors Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Navigantorate Advisors'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:539521 vs MS, GS, SCHW: Altman Z-Score Comparison
For the Capital Markets subindustry, Navigantorate Advisors'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.
Navigantorate Advisors Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Navigantorate Advisors's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Navigantorate Advisors'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.
* 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.
Navigantorate Advisors (BOM:539521) has a Altman Z-Score of 18.70 as of Aug. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Navigantorate Advisors and its competitors. This is 147% above median its historical median of 7.58. Over the past decade, Navigantorate Advisors' Altman Z-Score has ranged from 3.75 to 20.58. According to the industry distribution chart, Navigantorate Advisors ranks #90 out of 665 companies in the Capital Markets industry, placing it in the top 13.5%.
Is Navigantorate Advisors' Altman Z-Score too high?
Navigantorate Advisors' current Altman Z-Score of 18.70 is 147% above median its 10-year median of 7.58. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 20.58. The Capital Markets industry median Altman Z-Score is 2.58. Navigantorate Advisors' value of 18.70 is 624.8% above this industry median. Based on the distribution chart, Navigantorate Advisors ranks #90 out of 665 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Navigantorate Advisors has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navigantorate Advisors' Altman Z-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Navigantorate Advisors ranks #90 out of 665 companies for Altman Z-Score. This places Navigantorate Advisors in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.58. Navigantorate Advisors' value of 18.70 is 624.8% above this benchmark. Historically, Navigantorate Advisors' own Altman Z-Score has ranged from 3.75 to 20.58 over the past decade. While the company's 10-year median is 7.58 vs. the industry median of 2.58, Navigantorate Advisors 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 2.58, based on 665 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. Navigantorate Advisors's current Altman Z-Score of 18.70 is 624.8% 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 Navigantorate Advisors and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navigantorate Advisors's current Altman Z-Score is 18.70, which is 147% above median its own 10-year median of 7.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navigantorate Advisors stock overvalued right now?
Based on GuruFocus' analysis, Navigantorate Advisors (BOM:539521) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹29.74, compared to a current price of ₹76.75 — trading 158.1% above its estimated fair value. The current Altman Z-Score is 18.70, which is 147% above median its 10-year median of 7.58 and 624.8% above the Capital Markets industry median of 2.58. Navigantorate Advisors' 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 Navigantorate Advisors (BOM:539521), the current Altman Z-Score is 18.70 as of Aug. 07, 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 Navigantorate Advisors (BOM:539521) Overvalued in 2026?
Based on GuruFocus' analysis, Navigantorate Advisors stock appears to be overvalued.
The current stock price of ₹76.75 is trading 158.1% above its estimated GF Value™ of ₹29.74.
GuruFocus considers Navigantorate Advisors to be Significantly Overvalued.
Key valuation signals for BOM:539521:
Altman Z-Score: 18.70 (147% above median its 10-year median of 7.58)
GF Value™: ₹29.74 vs. price of ₹76.75 (158.1% above fair value)
Industry Position: 624.8% above the Capital Markets median (#90 of 665)
No single metric tells the full story. See the BOM:539521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navigant Corporate Advisors Ltd provides merchant banking and advisory services in India. It offers Capital market services such as management of capital issues, direct listing, open offers, and buyback offers; Corporate finance services, including debt syndication and equity investments; and Investment advisory services. The company's services also cover IPO/rights issue, SME listings, direct listings on BSE and NSE, preferential allotments, takeovers and acquisitions, mergers and amalgamations, buyback of shares, project approval/identification, preparing feasibility report, placement of debt and equity instruments, de-listing, debt syndication services, project financing services, and valuation services. Its primary source of income is from the consultancy fee receipts.
66GF Score
Get the complete analysis for BOM:539521
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:539521 has been successfully added to your 
