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.
Bharti HexacomBOM:544162 -1.14%39 Altman Z-Score is 4.81 as of Jul. 18, 2026, which is 9% above its 10-year median of 4.40. GuruFocus rates BOM:544162 with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 362 Telecommunication Services companies, Bharti Hexacom ranks better than 87.57% 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 4.81 is strong.
Bharti Hexacom has a Altman Z-Score of 4.81, 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 Bharti Hexacom's Altman Z-Score or its related term are showing as below:
BOM:544162'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.24 Med: 4.4 Max: 4.81
Current: 4.81
During the past 6 years, Bharti Hexacom's highest Altman Z-Score was 4.81. The lowest was 4.24. And the median was 4.40.
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.
Bharti Hexacom Altman Z-Score Related Terms
Bharti Hexacom Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Bharti Hexacom'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:544162 vs TMUS, VZ, T: Altman Z-Score Comparison
For the Telecom Services subindustry, Bharti Hexacom'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.
Bharti Hexacom Altman Z-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Bharti Hexacom's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Bharti Hexacom'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.
Bharti Hexacom'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
*
-0.1939
+
1.4
*
0
+
3.3
*
0.1505
+
0.6
*
6.7589
+
1.0
*
0.491
=
4.81
* 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.
Bharti Hexacom (BOM:544162) has a Altman Z-Score of 4.81 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bharti Hexacom and its competitors. This is near median its historical median of 4.40. Over the past decade, Bharti Hexacom's Altman Z-Score has ranged from 4.24 to 4.81. According to the industry distribution chart, Bharti Hexacom ranks #45 out of 362 companies in the Telecommunication Services industry, placing it in the top 12.4%.
Is Bharti Hexacom's Altman Z-Score too high?
Bharti Hexacom's current Altman Z-Score of 4.81 is near median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 4.24 to a high of 4.81. The Telecommunication Services industry median Altman Z-Score is 1.72. Bharti Hexacom's value of 4.81 is 179.7% above this industry median. Based on the distribution chart, Bharti Hexacom ranks #45 out of 362 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bharti Hexacom has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Bharti Hexacom's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Bharti Hexacom ranks #45 out of 362 companies for Altman Z-Score. This places Bharti Hexacom in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.72. Bharti Hexacom's value of 4.81 is 179.7% above this benchmark. Historically, Bharti Hexacom's own Altman Z-Score has ranged from 4.24 to 4.81 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 1.72, Bharti Hexacom 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.72, based on 362 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. Bharti Hexacom's current Altman Z-Score of 4.81 is 179.7% 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 Bharti Hexacom and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharti Hexacom's current Altman Z-Score is 4.81, which is near median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharti Hexacom stock overvalued right now?
Bharti Hexacom (BOM:544162) has a current Altman Z-Score of 4.81. The current Altman Z-Score is 4.81, which is near median its 10-year median of 4.40 and 179.7% above the Telecommunication Services industry median of 1.72. Bharti Hexacom's overall GF Score™ is 39/100 with 1 warning sign 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 Bharti Hexacom (BOM:544162), the current Altman Z-Score is 4.81 as of Jul. 18, 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.
Bharti Hexacom Ltd is a communications solutions provider offering consumer mobile services, fixed-line telephone, and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, It offers services under the brand 'Airtel'. The company has three reportable segments: Mobile Services: which covers voice and data telecom services provided through wireless technology (2G/4G/5G). This also includes intra-city fiber networks. Homes and Office Services: covers voice and data communications through fixed-line network and broadband technology for homes and offices. Unallocated: items include expenses/results, assets and liabilities of corporate headquarters of the company. Key revenue is generated from Mobile Services segment.
39GF Score
Get the complete analysis for BOM:544162
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:544162 has been successfully added to your 
