ADERY (Aida Engineering) Altman Z2-Score: 7.09 (As of Jun. 25, 2026) — Near Median


ADERY Aida Engineering Ltd ADERY
65 GF Score
Price $66.75
GF Value $58.61
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Aida Engineering Altman Z2-Score?

Aida Engineering ADERY -13.93% 65 Altman Z2-Score is 7.09 as of Jun. 25, 2026, which is 0% below its 10-year median of 7.11. GuruFocus rates ADERY with a GF Score™ of 65/100 and a GF Value™ of $58.61 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,043 Industrial Products companies, Aida Engineering ranks better than 76.04% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Aida Engineering has a Altman Z2-Score of 7.09, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Aida Engineering's Altman Z2-Score or its related term are showing as below:

ADERY' s Altman Z2-Score Range Over the Past 10 Years
Min: 6.42   Med: 7.11   Max: 7.84
Current: 7.07

During the past 13 years, Aida Engineering's highest Altman Z2-Score was 7.84. The lowest was 6.42. And the median was 7.11.


Aida Engineering  (OTCPK:ADERY) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

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_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Aida Engineering Altman Z2-Score Related Terms


Aida Engineering Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Aida Engineering's Altman Z2-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.

Aida Engineering Altman Z2-Score Chart

Aida Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.87 6.66 6.42 7.11 7.07

Aida Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-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 7.11 7.00 7.03 6.95 7.07

ADERY vs GEV, ETN, PH: Altman Z2-Score Comparison

For the Specialty Industrial Machinery subindustry, Aida Engineering's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


Aida Engineering Altman Z2-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aida Engineering's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Aida Engineering's Altman Z2-Score falls into.


ADERY
65GF Score
Aida Engineering Ltd ADERY
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Aida Engineering Altman Z2-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.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Aida Engineering's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.4534+3.26*0.433+6.72*0.0531+1.05*2.2353
=7.09

* 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 Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $790.4 Mil.
Total Current Assets was $556.6 Mil.
Total Current Liabilities was $198.3 Mil.
Retained Earnings was $342.2 Mil.
Pre-Tax Income was 8.867 + 7.292 + 15.372 + 9.669 = $41.2 Mil.
Interest Expense was -0.189 + -0.218 + -0.21 + -0.145 = $-0.8 Mil.
Total Liabilities was $244.3 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
=(556.627 - 198.282)/790.408
=0.4534

X2=Retained Earnings/Total Assets
=342.224/790.408
=0.433

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(41.2 - -0.762)/790.408
=0.0531

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(546.102 - 0)/244.305
=2.2353

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Aida Engineering has a Altman Z2-Score of 7.09 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.09 mean?
Aida Engineering (ADERY) has a Altman Z2-Score of 7.09 as of Jun. 25, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Aida Engineering and its competitors. This is near median its historical median of 7.11. Over the past decade, Aida Engineering's Altman Z2-Score has ranged from 6.42 to 7.84. According to the industry distribution chart, Aida Engineering ranks #729 out of 3043 companies in the Industrial Products industry, placing it in the top 24%.
Is Aida Engineering's Altman Z2-Score too high?
Aida Engineering's current Altman Z2-Score of 7.09 is near median its 10-year median of 7.11. Over the past 10 years, this metric has ranged from a low of 6.42 to a high of 7.84. The Industrial Products industry median Altman Z2-Score is 4.28. Aida Engineering's value of 7.09 is 65.7% above this industry median. Based on the distribution chart, Aida Engineering ranks #729 out of 3043 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Aida Engineering has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aida Engineering's Altman Z2-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Aida Engineering ranks #729 out of 3043 companies for Altman Z2-Score. This places Aida Engineering in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.28. Aida Engineering's value of 7.09 is 65.7% above this benchmark. Historically, Aida Engineering's own Altman Z2-Score has ranged from 6.42 to 7.84 over the past decade. While the company's 10-year median is 7.11 vs. the industry median of 4.28, Aida Engineering 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 Z2-Score for an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.28, based on 3,043 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aida Engineering's current Altman Z2-Score of 7.09 is 65.7% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Aida Engineering and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aida Engineering's current Altman Z2-Score is 7.09, which is near median its own 10-year median of 7.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aida Engineering stock overvalued right now?
Based on GuruFocus' analysis, Aida Engineering (ADERY) is currently considered Modestly Overvalued. The stock's GF Value™ is $58.61, compared to a current price of $66.75 — trading 13.9% above its estimated fair value. The current Altman Z2-Score is 7.09, which is near median its 10-year median of 7.11 and 65.7% above the Industrial Products industry median of 4.28. Aida Engineering's overall GF Score™ is 65/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Aida Engineering (ADERY), the current Altman Z2-Score is 7.09 as of Jun. 25, 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 Aida Engineering (ADERY) Overvalued in 2026?

Based on GuruFocus' analysis, Aida Engineering stock appears to be overvalued. The current stock price of $66.75 is trading 13.9% above its estimated GF Value™ of $58.61. GuruFocus considers Aida Engineering to be Modestly Overvalued.

Key valuation signals for ADERY:

  • Altman Z2-Score: 7.09 (near median its 10-year median of 7.11)
  • GF Value™: $58.61 vs. price of $66.75 (13.9% above fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 65.7% above the Industrial Products median (#729 of 3043)

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


Aida Engineering Business Description

Other Exchanges 6118:Japan
Address 2-10 Ohyama-cho, Sagamihara, JPN, 2291181
Aida Engineering Ltd is a Japan-based company that manufactures, sells, and services press machines and their ancillary facilities. The company's principal products comprise general-purpose servo presses, midsize and large servo presses, precision forming presses, general-purpose presses, midsize and large presses, high-speed automatic presses, cold forging presses, transfer feeders, coil feeders, and tooling dies. The company's services include overhaul, preventative maintenance, press inspections, machine relocation, and others. The company generates sales in Japan, Asia, the Americas, and Europe.
65GF Score

Get the complete analysis for ADERY

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$66.75
Price
$58.61
GF Value