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Indo MIMBOM:544837 -1.03%17 Altman Z-Score is 14.83 as of Aug. 31, 2026. GuruFocus rates BOM:544837 with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 3,013 Industrial Products companies, Indo MIM ranks worse than 33189.48% 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.
Indo MIM has a Altman Z-Score of 14.83, 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 Indo MIM's Altman Z-Score or its related term are showing as below:
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.
Indo MIM Altman Z-Score Related Terms
Indo MIM Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Indo MIM'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.
Indo MIM Altman Z-Score Chart
Indo MIM Annual Data
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Indo MIM Semi-Annual Data
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BOM:544837 vs ATI, CRS, MLI: Altman Z-Score Comparison
For the Metal Fabrication subindustry, Indo MIM'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.
Indo MIM Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Indo MIM's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Indo MIM'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.
Indo MIM'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
*
0.2633
+
1.4
*
0.4984
+
3.3
*
0.1732
+
0.6
*
20.6583
+
1.0
*
0.8456
=
14.83
* 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.
Indo MIM (BOM:544837) has a Altman Z-Score of 14.83 as of Aug. 31, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Indo MIM and its competitors. According to the industry distribution chart, Indo MIM ranks #999999 out of 3013 companies in the Industrial Products industry.
Is Indo MIM's Altman Z-Score too high?
Indo MIM's current Altman Z-Score is 14.83. The Industrial Products industry median Altman Z-Score is 3.27. Indo MIM's value of 14.83 is 353.5% above this industry median. Based on the distribution chart, Indo MIM ranks #999999 out of 3013 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Indo MIM has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indo MIM's Altman Z-Score compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Indo MIM ranks #999999 out of 3013 companies for Altman Z-Score. This places Indo MIM in the lower half of its industry. The industry median Altman Z-Score is 3.27. Indo MIM's value of 14.83 is 353.5% above this benchmark. 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 Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.27, based on 3,013 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. Indo MIM's current Altman Z-Score of 14.83 is 353.5% 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 Indo MIM and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo MIM's current Altman Z-Score is 14.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo MIM stock overvalued right now?
Indo MIM (BOM:544837) has a current Altman Z-Score of 14.83. The current Altman Z-Score is 14.83 and 353.5% above the Industrial Products industry median of 3.27. Indo MIM's overall GF Score™ is 17/100 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 Indo MIM (BOM:544837), the current Altman Z-Score is 14.83 as of Aug. 31, 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.
Indo MIM Ltd is engaged in the business of manufacturing and trading of precision engineered metal products using metal injection molding (MIM) technology. Its capabilities include mold designing and tooling, finishing, and assembly operations. It also uses investment casting, precision machining, ceramic injection molding, and metal 3D printing technologies. Its products serve the automotive, defense, medical, consumer, and aerospace sectors. The majority of the company's revenue is derived from the sale of its products outside India, by exporting to North America, Europe and South East Asia.
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