TOPCF (Topcon) Financial Strength: 0 (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TOPCF Topcon Corp TOPCF
9 GF Score
Price $21.21
GF Value $11.64
! 9 Warning Signs
View Full Analysis

What is Topcon Financial Strength?

Topcon has the Financial Strength Rank of 0.

Warning Sign:

Topcon Corp displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Topcon's Interest Coverage for the quarter that ended in Sep. 2025 was 0.23. Topcon's debt to revenue ratio for the quarter that ended in Sep. 2025 was 0.52. As of today, Topcon's Altman Z-Score is 2.38.


Topcon  (OTCPK:TOPCF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Topcon has the Financial Strength Rank of 0.


Topcon Financial Strength Related Terms


TOPCF vs GRMN, KEYS, COHR: Financial Strength Comparison

For the Scientific & Technical Instruments subindustry, Topcon's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Topcon Financial Strength vs Hardware Industry

For the Hardware industry and Technology sector, Topcon's Financial Strength distribution charts can be found below:

* The bar in red indicates where Topcon's Financial Strength falls into.


TOPCF
9GF Score
Topcon Corp TOPCF
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topcon Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Topcon's Interest Expense for the months ended in Sep. 2025 was $-4 Mil. Its Operating Income for the months ended in Sep. 2025 was $1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $183 Mil.

Topcon's Interest Coverage for the quarter that ended in Sep. 2025 is

Interest Coverage=-1*Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*0.906/-3.916
=0.23

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Topcon Corp interest coverage is 2.01, which is low.

2. Debt to revenue ratio. The lower, the better.

Topcon's Debt to Revenue Ratio for the quarter that ended in Sep. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(552.025 + 183.359) / 1410.548
=0.52

3. Altman Z-Score.

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.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Topcon has a Z-score of 2.38, indicating it is in Grey Zones. This implies that Topcon is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

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.

* 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.

Is Topcon (TOPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Topcon stock appears to be overvalued. The current stock price of $21.21 is trading 82.2% above its estimated GF Value™ of $11.64.

Key valuation signals for TOPCF:

  • Financial Strength: 0
  • GF Value™: $11.64 vs. price of $21.21 (82.2% above fair value)
  • GF Score™: 9/100 with 9 warning signs

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


Topcon Business Description

Address 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, JPN, 174-8580
Topcon Corp sells ophthalmic instruments, medical equipment, machine control systems, and GPS-related products. Its operations are structured around three main areas: the Positioning Business, Eye Care Business, and Other. The Positioning division handles products such as total stations, 3D laser scanners, ICT automated construction systems, IT agricultural systems, GNSS receivers for surveying, laser equipment, and software for construction and civil engineering. The Eye Care division provides 3D fundus imaging devices, fundus cameras, auto and kerato refractors, slit lamps, tonometers, lens meters, ophthalmic laser systems, and related software for image management and electronic medical records.
9GF Score

Get the complete analysis for TOPCF

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

$21.21
Price
$11.64
GF Value