SJS Enterprises (NSE:SJS) Altman Z-Score: 20.72 (As of Jun. 26, 2026) — 96% Above Median


NSE:SJS SJS Enterprises Ltd NSE:SJS
84 GF Score
Price ₹2,141.40
GF Value ₹1,420.25
Valuation Significantly Overvalued
! 6 Warning Signs
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What is SJS Enterprises Altman Z-Score?

SJS Enterprises NSE:SJS -0.76% 84 Altman Z-Score is 20.72 as of Jun. 26, 2026, which is 96% above its 10-year median of 10.59. GuruFocus rates NSE:SJS with a GF Score™ of 84/100 and a GF Value™ of ₹1,420.25 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,313 Vehicles & Parts companies, SJS Enterprises ranks better than 98.55% 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 21.37 is strong.

SJS Enterprises has a Altman Z-Score of 20.72, 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 SJS Enterprises's Altman Z-Score or its related term are showing as below:

NSE:SJS' s Altman Z-Score Range Over the Past 10 Years
Min: 7.32   Med: 10.59   Max: 21.37
Current: 21.37

During the past 8 years, SJS Enterprises's highest Altman Z-Score was 21.37. The lowest was 7.32. And the median was 10.59.


SJS Enterprises  (NSE:SJS) 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.


SJS Enterprises Altman Z-Score Related Terms


SJS Enterprises Altman Z-Score Historical Data

* Premium members only.

The historical data trend for SJS Enterprises'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.

SJS Enterprises Altman Z-Score Chart

SJS Enterprises Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 10.59 9.56 7.32 11.92 15.80

SJS Enterprises 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 11.92 15.84 13.67 16.09 15.80

NSE:SJS vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, SJS Enterprises'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.


SJS Enterprises Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SJS Enterprises's Altman Z-Score distribution charts can be found below:

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


NSE:SJS
84GF Score
SJS Enterprises Ltd NSE:SJS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SJS Enterprises 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.

SJS Enterprises'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*0.3576+1.4*0.6745+3.3*0.2104+0.6*29.6524+1.0*0.8588
=20.72

* 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 ₹11,121 Mil.
Total Current Assets was ₹6,019 Mil.
Total Current Liabilities was ₹2,042 Mil.
Retained Earnings was ₹7,501 Mil.
Pre-Tax Income was 658.54 + 602.54 + 580.46 + 459.37 = ₹2,301 Mil.
Interest Expense was -10.07 + -10 + -9.6 + -9.27 = ₹-39 Mil.
Revenue was 2601.22 + 2435.31 + 2417.57 + 2096.58 = ₹9,551 Mil.
Market Cap (Today) was ₹68,521 Mil.
Total Liabilities was ₹2,311 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
=(6019.02 - 2042.17)/11121.27
=0.3576

X2=Retained Earnings/Total Assets
=7500.82/11121.27
=0.6745

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2300.91 - -38.94)/11121.27
=0.2104

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=68521.434/2310.82
=29.6524

X5=Revenue/Total Assets
=9550.68/11121.27
=0.8588

The zones of discrimination were as such:

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

SJS Enterprises has a Altman Z-Score of 20.72 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 20.72 mean?
SJS Enterprises (NSE:SJS) has a Altman Z-Score of 20.72 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on SJS Enterprises and its competitors. This is 96% above median its historical median of 10.59. Over the past decade, SJS Enterprises' Altman Z-Score has ranged from 7.32 to 21.37. According to the industry distribution chart, SJS Enterprises ranks #19 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 1.4%.
Is SJS Enterprises' Altman Z-Score too high?
SJS Enterprises' current Altman Z-Score of 20.72 is 96% above median its 10-year median of 10.59. Over the past 10 years, this metric has ranged from a low of 7.32 to a high of 21.37. The Vehicles & Parts industry median Altman Z-Score is 2.56. SJS Enterprises' value of 20.72 is 709.4% above this industry median. Based on the distribution chart, SJS Enterprises ranks #19 out of 1313 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, SJS Enterprises has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SJS Enterprises' Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SJS Enterprises ranks #19 out of 1313 companies for Altman Z-Score. This places SJS Enterprises in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.56. SJS Enterprises' value of 20.72 is 709.4% above this benchmark. Historically, SJS Enterprises' own Altman Z-Score has ranged from 7.32 to 21.37 over the past decade. While the company's 10-year median is 10.59 vs. the industry median of 2.56, SJS Enterprises 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.56, based on 1,313 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. SJS Enterprises's current Altman Z-Score of 20.72 is 709.4% 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 SJS Enterprises and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SJS Enterprises's current Altman Z-Score is 20.72, which is 96% above median its own 10-year median of 10.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SJS Enterprises stock overvalued right now?
Based on GuruFocus' analysis, SJS Enterprises (NSE:SJS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,420.25, compared to a current price of ₹2,141.40 — trading 50.8% above its estimated fair value. The current Altman Z-Score is 20.72, which is 96% above median its 10-year median of 10.59 and 709.4% above the Vehicles & Parts industry median of 2.56. SJS Enterprises' overall GF Score™ is 84/100 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 SJS Enterprises (NSE:SJS), the current Altman Z-Score is 20.72 as of Jun. 26, 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 SJS Enterprises (NSE:SJS) Overvalued in 2026?

Based on GuruFocus' analysis, SJS Enterprises stock appears to be overvalued. The current stock price of ₹2,141.40 is trading 50.8% above its estimated GF Value™ of ₹1,420.25. GuruFocus considers SJS Enterprises to be Significantly Overvalued.

Key valuation signals for NSE:SJS:

  • Altman Z-Score: 20.72 (96% above median its 10-year median of 10.59)
  • GF Value™: ₹1,420.25 vs. price of ₹2,141.40 (50.8% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 709.4% above the Vehicles & Parts median (#19 of 1313)

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


SJS Enterprises Business Description

Other Exchanges 543387:India
Address Sy No. 28/P16 of Agra Village, Sy No. 85/P6 of B.M Kaval Village, Kengeri Hobli, Bangalore, KA, IND, 560 082
SJS Enterprises Ltd is engaged in the business of manufacturing of decorative aesthetic products mainly for automotive and consumer appliance industry such as automotive dials, overlays, badges and logos. The company manufacture a wide range of aesthetics products catering to two-wheelers, passenger vehicles, commercial vehicles, consumer durables/appliances, medical devices, farm equipment and sanitary ware industries. The Company's business activities fall within single primary operating segment, viz, manufacturing and selling of self-adhesive labels like automotive dials, overlays, badges and logos for automotive, electronics and appliance industry. The company has presence in India and Outside India. It generates majority of revenue from India.
84GF Score

Get the complete analysis for NSE:SJS

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

₹2,141.40
Price
₹1,420.25
GF Value