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Anand Rathi WealthBOM:543415 +0.44%88 Altman Z-Score is 69.74 as of Jul. 22, 2026, which is 99% above its 10-year median of 35.04. GuruFocus rates BOM:543415 with a GF Score™ of 88/100 and a GF Value™ of ₹1,597.86 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 652 Asset Management companies, Anand Rathi Wealth ranks better than 93.25% 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 69.22 is strong.
Anand Rathi Wealth has a Altman Z-Score of 69.74, 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 Anand Rathi Wealth's Altman Z-Score or its related term are showing as below:
BOM:543415'
s Altman Z-Score Range Over the Past 10 Years
Min: 10.12 Med: 35.04 Max: 69.22
Current: 69.22
During the past 8 years, Anand Rathi Wealth's highest Altman Z-Score was 69.22. The lowest was 10.12. And the median was 35.04.
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.
Anand Rathi Wealth Altman Z-Score Related Terms
Anand Rathi Wealth Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Anand Rathi Wealth'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:543415 vs BLK, BX, KKR: Altman Z-Score Comparison
For the Asset Management subindustry, Anand Rathi Wealth'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.
Anand Rathi Wealth Altman Z-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Anand Rathi Wealth's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Anand Rathi Wealth'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.
Anand Rathi Wealth'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
*
0.4816
+
1.4
*
0.6854
+
3.3
*
0.4751
+
0.6
*
109.56
+
1.0
*
0.9007
=
69.74
* 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.
Anand Rathi Wealth (BOM:543415) has a Altman Z-Score of 69.74 as of Jul. 22, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Anand Rathi Wealth and its competitors. This is 99% above median its historical median of 35.04. Over the past decade, Anand Rathi Wealth's Altman Z-Score has ranged from 10.12 to 69.22. According to the industry distribution chart, Anand Rathi Wealth ranks #44 out of 652 companies in the Asset Management industry, placing it in the top 6.7%.
Is Anand Rathi Wealth's Altman Z-Score too high?
Anand Rathi Wealth's current Altman Z-Score of 69.74 is 99% above median its 10-year median of 35.04. Over the past 10 years, this metric has ranged from a low of 10.12 to a high of 69.22. The Asset Management industry median Altman Z-Score is 3.45. Anand Rathi Wealth's value of 69.74 is 1924.4% above this industry median. Based on the distribution chart, Anand Rathi Wealth ranks #44 out of 652 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Anand Rathi Wealth has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anand Rathi Wealth's Altman Z-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Anand Rathi Wealth ranks #44 out of 652 companies for Altman Z-Score. This places Anand Rathi Wealth in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.45. Anand Rathi Wealth's value of 69.74 is 1924.4% above this benchmark. Historically, Anand Rathi Wealth's own Altman Z-Score has ranged from 10.12 to 69.22 over the past decade. While the company's 10-year median is 35.04 vs. the industry median of 3.45, Anand Rathi Wealth 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 an Asset Management company?
The median Altman Z-Score among Asset Management companies is 3.45, based on 652 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. Anand Rathi Wealth's current Altman Z-Score of 69.74 is 1924.4% 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 Anand Rathi Wealth and its competitors. For the Asset Management industry, the median Altman Z-Score is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anand Rathi Wealth's current Altman Z-Score is 69.74, which is 99% above median its own 10-year median of 35.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anand Rathi Wealth stock overvalued right now?
Based on GuruFocus' analysis, Anand Rathi Wealth (BOM:543415) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,597.86, compared to a current price of ₹2,091.10 — trading 30.9% above its estimated fair value. The current Altman Z-Score is 69.74, which is 99% above median its 10-year median of 35.04 and 1924.4% above the Asset Management industry median of 3.45. Anand Rathi Wealth's overall GF Score™ is 88/100 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 Anand Rathi Wealth (BOM:543415), the current Altman Z-Score is 69.74 as of Jul. 22, 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 Anand Rathi Wealth (BOM:543415) Overvalued in 2026?
Based on GuruFocus' analysis, Anand Rathi Wealth stock appears to be overvalued.
The current stock price of ₹2,091.10 is trading 30.9% above its estimated GF Value™ of ₹1,597.86.
GuruFocus considers Anand Rathi Wealth to be Significantly Overvalued.
Key valuation signals for BOM:543415:
Altman Z-Score: 69.74 (99% above median its 10-year median of 35.04)
GF Value™: ₹1,597.86 vs. price of ₹2,091.10 (30.9% above fair value)
Industry Position: 1924.4% above the Asset Management median (#44 of 652)
No single metric tells the full story. See the BOM:543415 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anand Rathi Wealth Ltd is a non-bank wealth solutions firm. The company focuses on High-Net-Worth Individuals (HNIs) and Ultra-High-Net-Worth Individuals (UHNIs) families, offering straightforward solutions aimed at optimizing and enhancing their wealth through a wide product portfolio of wealth solutions, financial product distributions, and technology solutions. The company operates only in one business segment, i.e., Services for the distribution and sale of financial products within India.
88GF Score
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