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 5.17 is strong.
Rategain Travel Technologies has a Altman Z-Score of 5.17, 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 Rategain Travel Technologies's Altman Z-Score or its related term are showing as below:
NSE:RATEGAIN'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.87 Med: 14.49 Max: 19.88
Current: 5.17
During the past 8 years, Rategain Travel Technologies's highest Altman Z-Score was 19.88. The lowest was 2.87. And the median was 14.49.
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.
* 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.
NSE:RATEGAIN vs UBER, SHOP, CRM: Altman Z-Score Comparison
For the Software - Application subindustry, Rategain Travel Technologies'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.
Rategain Travel Technologies Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Rategain Travel Technologies's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Rategain Travel Technologies'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.
* 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.
Rategain Travel Technologies (NSE:RATEGAIN) has a Altman Z-Score of 5.17 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Rategain Travel Technologies and its competitors. This is 64% below median its historical median of 14.49. Over the past decade, Rategain Travel Technologies' Altman Z-Score has ranged from 2.87 to 19.88. According to the industry distribution chart, Rategain Travel Technologies ranks #830 out of 2759 companies in the Software industry, placing it in the top 30.1%.
Is Rategain Travel Technologies' Altman Z-Score too high?
Rategain Travel Technologies' current Altman Z-Score of 5.17 is 64% below median its 10-year median of 14.49. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 19.88. The Software industry median Altman Z-Score is 3.19. Rategain Travel Technologies' value of 5.17 is 62.1% above this industry median. Based on the distribution chart, Rategain Travel Technologies ranks #830 out of 2759 companies in the Software industry, which is above the industry midpoint. Overall, Rategain Travel Technologies has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rategain Travel Technologies' Altman Z-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Rategain Travel Technologies ranks #830 out of 2759 companies for Altman Z-Score. This puts Rategain Travel Technologies in the upper half of its industry. The industry median Altman Z-Score is 3.19. Rategain Travel Technologies' value of 5.17 is 62.1% above this benchmark. Historically, Rategain Travel Technologies' own Altman Z-Score has ranged from 2.87 to 19.88 over the past decade. While the company's 10-year median is 14.49 vs. the industry median of 3.19, Rategain Travel Technologies 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 Software company?
The median Altman Z-Score among Software companies is 3.19, based on 2,759 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. Rategain Travel Technologies's current Altman Z-Score of 5.17 is 62.1% 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 Rategain Travel Technologies and its competitors. For the Software industry, the median Altman Z-Score is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rategain Travel Technologies's current Altman Z-Score is 5.17, which is 64% below median its own 10-year median of 14.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rategain Travel Technologies stock overvalued right now?
Based on GuruFocus' analysis, Rategain Travel Technologies (NSE:RATEGAIN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,438.81, compared to a current price of ₹941.05 — trading 34.6% below its estimated fair value. The current Altman Z-Score is 5.17, which is 64% below median its 10-year median of 14.49 and 62.1% above the Software industry median of 3.19. Rategain Travel Technologies' overall GF Score™ is 91/100 with 6 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 Rategain Travel Technologies (NSE:RATEGAIN), the current Altman Z-Score is 5.17 as of Jul. 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.
Is Rategain Travel Technologies (NSE:RATEGAIN) Overvalued in 2026?
Based on GuruFocus' analysis, Rategain Travel Technologies stock appears to be undervalued.
The current stock price of ₹941.05 is trading 34.6% below its estimated GF Value™ of ₹1,438.81.
GuruFocus considers Rategain Travel Technologies to be Significantly Undervalued.
Key valuation signals for NSE:RATEGAIN:
Altman Z-Score: 5.17 (64% below median its 10-year median of 14.49)
GF Value™: ₹1,438.81 vs. price of ₹941.05 (34.6% below fair value)
Industry Position: 62.1% above the Software median (#830 of 2759)
No single metric tells the full story. See the NSE:RATEGAIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rategain Travel Technologies Ltd is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises, and ferries. Geographically, it derives a majority of its revenue from the United Kingdom.
91GF Score
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