Kontor Space (NSE:KONTOR) Altman Z-Score: 2.38 (As of Jul. 23, 2026) — 23% Below Median

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NSE:KONTOR Kontor Space Ltd NSE:KONTOR
58 GF Score
Price ₹59.60
GF Value ₹184.18
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Kontor Space Altman Z-Score?

Kontor Space NSE:KONTOR 58 Altman Z-Score is 2.38 as of Jul. 23, 2026, which is 23% below its 10-year median of 3.08. GuruFocus rates NSE:KONTOR with a GF Score™ of 58/100 and a GF Value™ of ₹184.18 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,730 Real Estate companies, Kontor Space ranks better than 77.28% 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 2.38 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Kontor Space has a Altman Z-Score of 2.38, indicating it is in Grey Zones. This implies that Kontor Space is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Kontor Space's Altman Z-Score or its related term are showing as below:

NSE:KONTOR' s Altman Z-Score Range Over the Past 10 Years
Min: 2.09   Med: 3.08   Max: 3.71
Current: 2.38

During the past 6 years, Kontor Space's highest Altman Z-Score was 3.71. The lowest was 2.09. And the median was 3.08.


Kontor Space  (NSE:KONTOR) 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.


Kontor Space Altman Z-Score Related Terms


Kontor Space Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kontor Space'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.

Kontor Space Altman Z-Score Chart

Kontor Space Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 3.71 3.08 2.09

Kontor Space Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 3.71 3.08 2.09

NSE:KONTOR vs CBRE, BEKE, JLL: Altman Z-Score Comparison

For the Real Estate Services subindustry, Kontor Space'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.


Kontor Space Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kontor Space's Altman Z-Score distribution charts can be found below:

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


NSE:KONTOR
58GF Score
Kontor Space Ltd NSE:KONTOR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kontor Space 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.

Kontor Space'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*-0.1129+1.4*0+3.3*0.1142+0.6*2.6421+1.0*0.5536
=2.38

* 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 ₹443.6 Mil.
Total Current Assets was ₹43.7 Mil.
Total Current Liabilities was ₹93.8 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹40.9 Mil.
Interest Expense was ₹-9.7 Mil.
Revenue was ₹245.5 Mil.
Market Cap (Today) was ₹417.2 Mil.
Total Liabilities was ₹157.9 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
=(43.74 - 93.809)/443.557
=-0.1129

X2=Retained Earnings/Total Assets
=0/443.557
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(40.887 - -9.746)/443.557
=0.1142

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=417.200/157.902
=2.6421

X5=Revenue/Total Assets
=245.548/443.557
=0.5536

The zones of discrimination were as such:

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

Kontor Space has a Altman Z-Score of 2.38 indicating it is in Grey 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 2.38 mean?
Kontor Space (NSE:KONTOR) has a Altman Z-Score of 2.38 as of Jul. 23, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kontor Space and its competitors. This is 23% below median its historical median of 3.08. Over the past decade, Kontor Space's Altman Z-Score has ranged from 2.09 to 3.71. According to the industry distribution chart, Kontor Space ranks #393 out of 1730 companies in the Real Estate industry, placing it in the top 22.7%.
Is Kontor Space's Altman Z-Score too high?
Kontor Space's current Altman Z-Score of 2.38 is 23% below median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 3.71. The Real Estate industry median Altman Z-Score is 1.31. Kontor Space's value of 2.38 is 81.7% above this industry median. Based on the distribution chart, Kontor Space ranks #393 out of 1730 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Kontor Space has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kontor Space's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Kontor Space ranks #393 out of 1730 companies for Altman Z-Score. This places Kontor Space in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.31. Kontor Space's value of 2.38 is 81.7% above this benchmark. Historically, Kontor Space's own Altman Z-Score has ranged from 2.09 to 3.71 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 1.31, Kontor Space 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,730 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. Kontor Space's current Altman Z-Score of 2.38 is 81.7% 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 Kontor Space and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kontor Space's current Altman Z-Score is 2.38, which is 23% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kontor Space stock overvalued right now?
Based on GuruFocus' analysis, Kontor Space (NSE:KONTOR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹184.18, compared to a current price of ₹59.60 — trading 67.6% below its estimated fair value. The current Altman Z-Score is 2.38, which is 23% below median its 10-year median of 3.08 and 81.7% above the Real Estate industry median of 1.31. Kontor Space's overall GF Score™ is 58/100 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 Kontor Space (NSE:KONTOR), the current Altman Z-Score is 2.38 as of Jul. 23, 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 Kontor Space (NSE:KONTOR) Overvalued in 2026?

Based on GuruFocus' analysis, Kontor Space stock appears to be undervalued. The current stock price of ₹59.60 is trading 67.6% below its estimated GF Value™ of ₹184.18. GuruFocus considers Kontor Space to be Significantly Undervalued.

Key valuation signals for NSE:KONTOR:

  • Altman Z-Score: 2.38 (23% below median its 10-year median of 3.08)
  • GF Value™: ₹184.18 vs. price of ₹59.60 (67.6% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 81.7% above the Real Estate median (#393 of 1730)

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


Kontor Space Business Description

Address Ashar IT, Park Road No. 16 Z, Office No. A1 & B1, 9th Floor, Wagle Industrial Estate, Thane West, Thane, MH, IND, 400604
Kontor Space Ltd is engaged in providing coworking spaces and virtual office services.
58GF Score

Get the complete analysis for NSE:KONTOR

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

₹59.60
Price
₹184.18
GF Value