Takara Bio (FRA:TF2) Altman Z2-Score: 6.03 (As of Jun. 29, 2026) — 54% Below Median


FRA:TF2 Takara Bio Inc FRA:TF2
74 GF Score
Price €5.95
GF Value €4.46
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Takara Bio Altman Z2-Score?

Takara Bio FRA:TF2 74 Altman Z2-Score is 6.03 as of Jun. 29, 2026, which is 54% below its 10-year median of 13.04. GuruFocus rates FRA:TF2 with a GF Score™ of 74/100 and a GF Value™ of €4.46 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,395 Biotechnology companies, Takara Bio ranks better than 74.62% 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:

Takara Bio has a Altman Z2-Score of 6.03, 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 Takara Bio's Altman Z2-Score or its related term are showing as below:

FRA:TF2' s Altman Z2-Score Range Over the Past 10 Years
Min: 6.05   Med: 13.04   Max: 16.97
Current: 6.05

During the past 13 years, Takara Bio's highest Altman Z2-Score was 16.97. The lowest was 6.05. And the median was 13.04.


Takara Bio  (FRA:TF2) 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.


Takara Bio Altman Z2-Score Related Terms


Takara Bio Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Takara Bio'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.

Takara Bio Altman Z2-Score Chart

Takara Bio 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 10.87 12.79 16.97 16.90 6.05

Takara Bio 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 16.90 8.80 6.32 6.15 6.05

FRA:TF2 vs VRTX, REGN, ALNY: Altman Z2-Score Comparison

For the Biotechnology subindustry, Takara Bio'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.


Takara Bio Altman Z2-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Takara Bio's Altman Z2-Score distribution charts can be found below:

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


FRA:TF2
74GF Score
Takara Bio Inc FRA:TF2
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Takara Bio 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.

Takara Bio'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*0.2775+3.26*0.3054+6.72*-0.0677+1.05*3.4913
=6.03

* 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 €728.6 Mil.
Total Current Assets was €244.6 Mil.
Total Current Liabilities was €42.4 Mil.
Retained Earnings was €222.5 Mil.
Pre-Tax Income was -1.216 + -14.537 + -26.166 + -10.693 = €-52.6 Mil.
Interest Expense was -0.883 + -0.969 + -0.726 + -0.702 = €-3.3 Mil.
Total Liabilities was €161.9 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
=(244.636 - 42.442)/728.587
=0.2775

X2=Retained Earnings/Total Assets
=222.51/728.587
=0.3054

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-52.612 - -3.28)/728.587
=-0.0677

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(565.086 - 0)/161.855
=3.4913

The zones of discrimination were as such:

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

Takara Bio has a Altman Z2-Score of 6.03 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.03 mean?
Takara Bio (FRA:TF2) has a Altman Z2-Score of 6.03 as of Jun. 29, 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 Takara Bio and its competitors. This is 54% below median its historical median of 13.04. Over the past decade, Takara Bio's Altman Z2-Score has ranged from 6.05 to 16.97. According to the industry distribution chart, Takara Bio ranks #354 out of 1395 companies in the Biotechnology industry, placing it in the top 25.4%.
Is Takara Bio's Altman Z2-Score too high?
Takara Bio's current Altman Z2-Score of 6.03 is 54% below median its 10-year median of 13.04. Over the past 10 years, this metric has ranged from a low of 6.05 to a high of 16.97. Based on the distribution chart, Takara Bio ranks #354 out of 1395 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Takara Bio has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takara Bio's Altman Z2-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Takara Bio ranks #354 out of 1395 companies for Altman Z2-Score. This puts Takara Bio in the upper half of its industry. Historically, Takara Bio's own Altman Z2-Score has ranged from 6.05 to 16.97 over the past decade. 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 a Biotechnology company?
A good Altman Z2-Score depends on the Biotechnology industry context. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Takara Bio and its competitors. Takara Bio's current Altman Z2-Score is 6.03, which is 54% below median its own 10-year median of 13.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takara Bio stock overvalued right now?
Based on GuruFocus' analysis, Takara Bio (FRA:TF2) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.46, compared to a current price of €5.95 — trading 33.4% above its estimated fair value. The current Altman Z2-Score is 6.03, which is 54% below median its 10-year median of 13.04. Takara Bio's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Takara Bio (FRA:TF2), the current Altman Z2-Score is 6.03 as of Jun. 29, 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 Takara Bio (FRA:TF2) Overvalued in 2026?

Based on GuruFocus' analysis, Takara Bio stock appears to be overvalued. The current stock price of €5.95 is trading 33.4% above its estimated GF Value™ of €4.46. GuruFocus considers Takara Bio to be Significantly Overvalued.

Key valuation signals for FRA:TF2:

  • Altman Z2-Score: 6.03 (54% below median its 10-year median of 13.04)
  • GF Value™: €4.46 vs. price of €5.95 (33.4% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the FRA:TF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takara Bio Business Description

Other Exchanges 4974:Japan
Address Nojihigashi 7-4-38 Kusatu, Shiga, Otsu, JPN, 520-0058
Takara Bio Inc is a biotechnology company that develops gene therapy procedures. The company reports in three business segments: Bioindustry, Gene therapy, and AgriBio. Takara's bioindustry business provides research reagents, scientific instruments, and various contracted services to universities and companies around the world. The company's gene therapy business is focused on treating cancer and HIV. Its AgriBio business aims to leverage biotechnologies in the food ingredient field, including large-scale mushroom production. The vast majority of Takara's revenue is derived from its bioindustry segment.
74GF Score

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

€5.95
Price
€4.46
GF Value