Route Mobile (NSE:ROUTE) Altman Z-Score: 5.04 (As of Jul. 07, 2026) — 30% Below Median


NSE:ROUTE Route Mobile Ltd NSE:ROUTE
78 GF Score
Price ₹549.45
GF Value ₹1,519.93
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Route Mobile Altman Z-Score?

Route Mobile NSE:ROUTE -0.72% 78 Altman Z-Score is 5.04 as of Jul. 07, 2026, which is 30% below its 10-year median of 7.18. GuruFocus rates NSE:ROUTE with a GF Score™ of 78/100 and a GF Value™ of ₹1,519.93 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 363 Telecommunication Services companies, Route Mobile ranks better than 88.71% 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 5.06 is strong.

Route Mobile has a Altman Z-Score of 5.04, 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 Route Mobile's Altman Z-Score or its related term are showing as below:

NSE:ROUTE' s Altman Z-Score Range Over the Past 10 Years
Min: 4.35   Med: 7.18   Max: 15.97
Current: 5.06

During the past 9 years, Route Mobile's highest Altman Z-Score was 15.97. The lowest was 4.35. And the median was 7.18.


Route Mobile  (NSE:ROUTE) 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.


Route Mobile Altman Z-Score Related Terms


Route Mobile Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Route Mobile'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.

Route Mobile Altman Z-Score Chart

Route Mobile Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 7.62 7.31 7.04 5.11 4.35

Route Mobile 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 5.11 5.32 5.95 5.53 4.35

NSE:ROUTE vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Route Mobile'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.


Route Mobile Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Route Mobile's Altman Z-Score distribution charts can be found below:

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


NSE:ROUTE
78GF Score
Route Mobile Ltd NSE:ROUTE
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Route Mobile 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.

Route Mobile'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*0.5303+1.4*0+3.3*0.1023+0.6*4.7037+1.0*1.2396
=5.04

* 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 ₹35,562 Mil.
Total Current Assets was ₹25,469 Mil.
Total Current Liabilities was ₹6,611 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 1392.7 + 1352.1 + 20 + 765.7 = ₹3,531 Mil.
Interest Expense was -12 + -14.2 + -23.7 + -58.2 = ₹-108 Mil.
Revenue was 11309 + 11070.6 + 11194.2 + 10508.3 = ₹44,082 Mil.
Market Cap (Today) was ₹34,554 Mil.
Total Liabilities was ₹7,346 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
=(25469.3 - 6611.3)/35562.3
=0.5303

X2=Retained Earnings/Total Assets
=0/35562.3
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3530.5 - -108.1)/35562.3
=0.1023

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=34554.040/7346.1
=4.7037

X5=Revenue/Total Assets
=44082.1/35562.3
=1.2396

The zones of discrimination were as such:

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

Route Mobile has a Altman Z-Score of 5.04 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 5.04 mean?
Route Mobile (NSE:ROUTE) has a Altman Z-Score of 5.04 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Route Mobile and its competitors. This is 30% below median its historical median of 7.18. Over the past decade, Route Mobile's Altman Z-Score has ranged from 4.35 to 15.97. According to the industry distribution chart, Route Mobile ranks #41 out of 363 companies in the Telecommunication Services industry, placing it in the top 11.3%.
Is Route Mobile's Altman Z-Score too high?
Route Mobile's current Altman Z-Score of 5.04 is 30% below median its 10-year median of 7.18. Over the past 10 years, this metric has ranged from a low of 4.35 to a high of 15.97. The Telecommunication Services industry median Altman Z-Score is 1.73. Route Mobile's value of 5.04 is 191.3% above this industry median. Based on the distribution chart, Route Mobile ranks #41 out of 363 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Route Mobile has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Route Mobile's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Route Mobile ranks #41 out of 363 companies for Altman Z-Score. This places Route Mobile in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.73. Route Mobile's value of 5.04 is 191.3% above this benchmark. Historically, Route Mobile's own Altman Z-Score has ranged from 4.35 to 15.97 over the past decade. While the company's 10-year median is 7.18 vs. the industry median of 1.73, Route Mobile 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.73, based on 363 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. Route Mobile's current Altman Z-Score of 5.04 is 191.3% 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 Route Mobile and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Route Mobile's current Altman Z-Score is 5.04, which is 30% below median its own 10-year median of 7.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Route Mobile stock overvalued right now?
Based on GuruFocus' analysis, Route Mobile (NSE:ROUTE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,519.93, compared to a current price of ₹549.45 — trading 63.9% below its estimated fair value. The current Altman Z-Score is 5.04, which is 30% below median its 10-year median of 7.18 and 191.3% above the Telecommunication Services industry median of 1.73. Route Mobile's overall GF Score™ is 78/100 with 3 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 Route Mobile (NSE:ROUTE), the current Altman Z-Score is 5.04 as of Jul. 07, 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 Route Mobile (NSE:ROUTE) Overvalued in 2026?

Based on GuruFocus' analysis, Route Mobile stock appears to be undervalued. The current stock price of ₹549.45 is trading 63.9% below its estimated GF Value™ of ₹1,519.93. GuruFocus considers Route Mobile to be Significantly Undervalued.

Key valuation signals for NSE:ROUTE:

  • Altman Z-Score: 5.04 (30% below median its 10-year median of 7.18)
  • GF Value™: ₹1,519.93 vs. price of ₹549.45 (63.9% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 191.3% above the Telecommunication Services median (#41 of 363)

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


Route Mobile Business Description

Other Exchanges 543228:India
Address SanRaj Corporate Park-4th Dimension, 3rd Floor, Mind space, Malad (West), Mumbai, MH, IND, 400064
Route Mobile Ltd is engaged in the business of cloud communication providers to enterprises, over-the-top players, and mobile network operators. Its products are Messaging, Enhanced Business Messaging, Identity & Verification, Voice, Email, Bespoke Solutions, Omnichannel Platform, and Other Solutions. The group provides solutions in the areas of Marketing & Sales, Customer Care, and Customer Engagement. It provides solutions to Industries such as BFSI (Finance), e-commerce, Healthcare, Telecommunications, and Hospitality. Geographically, the company operates in India and various overseas markets, from which it derives maximum revenue from overseas markets like Dubai, the United Kingdom, Nigeria, and others.
78GF Score

Get the complete analysis for NSE:ROUTE

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

₹549.45
Price
₹1,519.93
GF Value