Byke Hospitality (NSE:BYKE) Altman Z-Score: 1.60 (As of Jul. 09, 2026) — 39% Below Median


NSE:BYKE Byke Hospitality Ltd NSE:BYKE
65 GF Score
Price ₹33.09
GF Value ₹63.39
Valuation Possible Value Trap
! 4 Warning Signs
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What is Byke Hospitality Altman Z-Score?

Byke Hospitality NSE:BYKE -0.15% 65 Altman Z-Score is 1.60 as of Jul. 09, 2026, which is 39% below its 10-year median of 2.61. GuruFocus rates NSE:BYKE with a GF Score™ of 65/100 and a GF Value™ of ₹63.39 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 834 Travel & Leisure companies, Byke Hospitality ranks worse than 57.67% 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.

Warning Sign:

Altman Z-score of 1.58 is in distress zone. This implies bankruptcy possibility in the next two years.

Byke Hospitality has a Altman Z-Score of 1.60, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Byke Hospitality's Altman Z-Score or its related term are showing as below:

NSE:BYKE' s Altman Z-Score Range Over the Past 10 Years
Min: 1.3   Med: 2.61   Max: 16.56
Current: 1.58

During the past 13 years, Byke Hospitality's highest Altman Z-Score was 16.56. The lowest was 1.30. And the median was 2.61.


Byke Hospitality  (NSE:BYKE) 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.


Byke Hospitality Altman Z-Score Related Terms


Byke Hospitality Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Byke Hospitality'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.

Byke Hospitality Altman Z-Score Chart

Byke Hospitality Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 2.13 3.62 3.08 1.42

Byke Hospitality Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.08 3.79 2.51 2.10 1.42

NSE:BYKE vs MAR, HLT, H: Altman Z-Score Comparison

For the Lodging subindustry, Byke Hospitality'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.


Byke Hospitality Altman Z-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Byke Hospitality's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Byke Hospitality's Altman Z-Score falls into.


NSE:BYKE
65GF Score
Byke Hospitality Ltd NSE:BYKE
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Byke Hospitality 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.

Byke Hospitality'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*0.139+1.4*0+3.3*0.0544+0.6*1.5787+1.0*0.3101
=1.60

* 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 Mar. 2026:
Total Assets was ₹3,441 Mil.
Total Current Assets was ₹792 Mil.
Total Current Liabilities was ₹314 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 17.018 + 15.576 + 13.546 + 22.423 = ₹69 Mil.
Interest Expense was -26.735 + -31.482 + -30.355 + -29.954 = ₹-119 Mil.
Revenue was 278.106 + 274.309 + 246.209 + 268.226 = ₹1,067 Mil.
Market Cap (Today) was ₹1,777 Mil.
Total Liabilities was ₹1,126 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
=(792.116 - 313.905)/3440.619
=0.139

X2=Retained Earnings/Total Assets
=0/3440.619
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(68.563 - -118.526)/3440.619
=0.0544

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1777.496/1125.918
=1.5787

X5=Revenue/Total Assets
=1066.85/3440.619
=0.3101

The zones of discrimination were as such:

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

Byke Hospitality has a Altman Z-Score of 1.60 indicating it is in Distress 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 1.60 mean?
Byke Hospitality (NSE:BYKE) has a Altman Z-Score of 1.60 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Byke Hospitality and its competitors. This is 39% below median its historical median of 2.61. Over the past decade, Byke Hospitality's Altman Z-Score has ranged from 1.30 to 16.56. According to the industry distribution chart, Byke Hospitality ranks #481 out of 834 companies in the Travel & Leisure industry, placing it in the top 57.7%.
Is Byke Hospitality's Altman Z-Score too high?
Byke Hospitality's current Altman Z-Score of 1.60 is 39% below median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 16.56. The Travel & Leisure industry median Altman Z-Score is 2.01. Byke Hospitality's value of 1.60 is 20.4% below this industry median. Based on the distribution chart, Byke Hospitality ranks #481 out of 834 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Byke Hospitality has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Byke Hospitality's Altman Z-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Byke Hospitality ranks #481 out of 834 companies for Altman Z-Score. This places Byke Hospitality in the lower half of its industry. The industry median Altman Z-Score is 2.01. Byke Hospitality's value of 1.60 is 20.4% below this benchmark. Historically, Byke Hospitality's own Altman Z-Score has ranged from 1.30 to 16.56 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 2.01, Byke Hospitality has consistently been below 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 2.01, based on 834 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. Byke Hospitality's current Altman Z-Score of 1.60 is 20.4% below 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 Byke Hospitality and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Byke Hospitality's current Altman Z-Score is 1.60, which is 39% below median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Byke Hospitality stock overvalued right now?
Based on GuruFocus' analysis, Byke Hospitality (NSE:BYKE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹63.39, compared to a current price of ₹33.09 — trading 47.8% below its estimated fair value. The current Altman Z-Score is 1.60, which is 39% below median its 10-year median of 2.61 and 20.4% below the Travel & Leisure industry median of 2.01. Byke Hospitality's overall GF Score™ is 65/100 with 4 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 Byke Hospitality (NSE:BYKE), the current Altman Z-Score is 1.60 as of Jul. 09, 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 Byke Hospitality (NSE:BYKE) Overvalued in 2026?

Based on GuruFocus' analysis, Byke Hospitality stock appears to be undervalued. The current stock price of ₹33.09 is trading 47.8% below its estimated GF Value™ of ₹63.39. GuruFocus considers Byke Hospitality to be Possible Value Trap.

Key valuation signals for NSE:BYKE:

  • Altman Z-Score: 1.60 (39% below median its 10-year median of 2.61)
  • GF Value™: ₹63.39 vs. price of ₹33.09 (47.8% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 20.4% below the Travel & Leisure median (#481 of 834)

No single metric tells the full story. See the NSE:BYKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Byke Hospitality Business Description

Other Exchanges 531373:India
Address Shree Shakambhari Corporate Park, Plot Number 156-158, Chakravati Ashok Complex, Near Cambridge School, J. B. Nagar, Andheri (East), Sunil Patodia Tower, Mumbai, MH, IND, 400099
Byke Hospitality Ltd is a company operating in the hospitality sector. Its hotels and resorts include The Byke Nature Vilas, The Byke Heritage Resort, The Byke Delotel, The Byke Studio Apartment, The Byke Sai Cottage, and Others. It has only one business, which is hoteliering. Its operations are undertaken only in India.
65GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹33.09
Price
₹63.39
GF Value