Hyundai Motor India (BOM:544274) Altman Z-Score: 11.17 (As of Aug. 06, 2026) — Near Median

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BOM:544274 Hyundai Motor India Ltd BOM:544274
42 GF Score
Price ₹2,204.00
! 1 Warning Sign
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What is Hyundai Motor India Altman Z-Score?

Hyundai Motor India BOM:544274 +0.55% 42 Altman Z-Score is 11.17 as of Aug. 06, 2026, which is 0% below its 10-year median of 11.22. GuruFocus rates BOM:544274 with a GF Score™ of 42/100. The stock has 1 warning sign investors should review. Among 1,313 Vehicles & Parts companies, Hyundai Motor India ranks better than 95.2% 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 10.37 is strong.

Hyundai Motor India has a Altman Z-Score of 11.17, 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 Hyundai Motor India's Altman Z-Score or its related term are showing as below:

BOM:544274' s Altman Z-Score Range Over the Past 10 Years
Min: 8.98   Med: 11.22   Max: 12.24
Current: 10.37

During the past 6 years, Hyundai Motor India's highest Altman Z-Score was 12.24. The lowest was 8.98. And the median was 11.22.


Hyundai Motor India  (BOM:544274) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Hyundai Motor India Altman Z-Score Related Terms


Hyundai Motor India Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hyundai Motor India'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.

Hyundai Motor India Altman Z-Score Chart

Hyundai Motor India Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 10.02 8.98

Hyundai Motor India Quarterly Data
Mar21 Mar22 Mar23 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.78 12.24 11.28 8.98 0.00

BOM:544274 vs TSLA, GM, F: Altman Z-Score Comparison

For the Auto Manufacturers subindustry, Hyundai Motor India'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.


Hyundai Motor India Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyundai Motor India's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Hyundai Motor India's Altman Z-Score falls into.


BOM:544274
42GF Score
Hyundai Motor India Ltd BOM:544274
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Hyundai Motor India 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.

Hyundai Motor India'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*0.1919+1.4*0.5437+3.3*0.1949+0.6*12.5276+1.0*2.0145
=11.17

* 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.

Trailing Twelve Months (TTM) ended in Jun. 2026:
Total Assets was ₹344,043 Mil.
Total Current Assets was ₹184,767 Mil.
Total Current Liabilities was ₹118,757 Mil.
Retained Earnings was ₹187,061 Mil.
Pre-Tax Income was 12016.5 + 16038.68 + 16660.3 + 21259.63 = ₹65,975 Mil.
Interest Expense was -273.26 + -378.7 + -272.06 + -166.64 = ₹-1,091 Mil.
Revenue was 160965.01 + 184379.09 + 176178.06 + 171558.31 = ₹693,080 Mil.
Market Cap (Today) was ₹1,802,622 Mil.
Total Liabilities was ₹143,892 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(184767.08 - 118756.84)/344042.58
=0.1919

X2=Retained Earnings/Total Assets
=187060.86/344042.58
=0.5437

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(65975.11 - -1090.66)/344042.58
=0.1949

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1802622.430/143892.4
=12.5276

X5=Revenue/Total Assets
=693080.47/344042.58
=2.0145

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Hyundai Motor India has a Altman Z-Score of 11.17 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 11.17 mean?
Hyundai Motor India (BOM:544274) has a Altman Z-Score of 11.17 as of Aug. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hyundai Motor India and its competitors. This is near median its historical median of 11.22. Over the past decade, Hyundai Motor India's Altman Z-Score has ranged from 8.98 to 12.24. According to the industry distribution chart, Hyundai Motor India ranks #63 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 4.8%.
Is Hyundai Motor India's Altman Z-Score too high?
Hyundai Motor India's current Altman Z-Score of 11.17 is near median its 10-year median of 11.22. Over the past 10 years, this metric has ranged from a low of 8.98 to a high of 12.24. The Vehicles & Parts industry median Altman Z-Score is 2.51. Hyundai Motor India's value of 11.17 is 345% above this industry median. Based on the distribution chart, Hyundai Motor India ranks #63 out of 1313 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Hyundai Motor India has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Hyundai Motor India's Altman Z-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Hyundai Motor India ranks #63 out of 1313 companies for Altman Z-Score. This places Hyundai Motor India in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.51. Hyundai Motor India's value of 11.17 is 345% above this benchmark. Historically, Hyundai Motor India's own Altman Z-Score has ranged from 8.98 to 12.24 over the past decade. While the company's 10-year median is 11.22 vs. the industry median of 2.51, Hyundai Motor India 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.51, based on 1,313 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. Hyundai Motor India's current Altman Z-Score of 11.17 is 345% 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 Hyundai Motor India and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyundai Motor India's current Altman Z-Score is 11.17, which is near median its own 10-year median of 11.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyundai Motor India stock overvalued right now?
Hyundai Motor India (BOM:544274) has a current Altman Z-Score of 11.17. The current Altman Z-Score is 11.17, which is near median its 10-year median of 11.22 and 345% above the Vehicles & Parts industry median of 2.51. Hyundai Motor India's overall GF Score™ is 42/100 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 Hyundai Motor India (BOM:544274), the current Altman Z-Score is 11.17 as of Aug. 06, 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.

Hyundai Motor India Business Description

Other Exchanges HYUNDAI:India
Address Sector 29, Plot No C-11 and C -11 A, City Centre, Urban Estate, Gurugram, HR, IND, 122001
Hyundai Motor India Ltd is an auto manufacturer. It manufactures and sells four-wheeler passenger vehicles and includes a portfolio of various different models across multiple passenger vehicle segments by body type, such as sedans, hatchbacks, sports-utility vehicles (SUVs), and battery electric vehicles (EVs). It also manufactures parts, such as transmissions and engines. The group has one operating segment, namely the manufacture and sale of motor vehicles, engine, transmission and other parts, related after-sales activities, related engineering and broking services. The group generates maximum revenue from India, followed by the Middle East and Europe, Latin America, Africa, and other regions.
42GF Score

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