Media Research Institute (FSE:9242) Altman Z2-Score: 12.69 (As of Jul. 12, 2026) — Near Median


FSE:9242 Media Research Institute Inc FSE:9242
74 GF Score
Price 円1,530.00
GF Value 円1,903.43
! 3 Warning Signs
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What is Media Research Institute Altman Z2-Score?

Media Research Institute FSE:9242 74 Altman Z2-Score is 12.69 as of Jul. 12, 2026, which is 1% below its 10-year median of 12.86. GuruFocus rates FSE:9242 with a GF Score™ of 74/100 and a GF Value™ of 円1,903.43. The stock has 3 warning signs investors should review. Among 1,080 Business Services companies, Media Research Institute ranks better than 89.44% 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:

Media Research Institute has a Altman Z2-Score of 12.69, 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 Media Research Institute's Altman Z2-Score or its related term are showing as below:

FSE:9242' s Altman Z2-Score Range Over the Past 10 Years
Min: 10.47   Med: 12.86   Max: 16.37
Current: 10.59

During the past 7 years, Media Research Institute's highest Altman Z2-Score was 16.37. The lowest was 10.47. And the median was 12.86.


Media Research Institute  (FSE:9242) 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.


Media Research Institute Altman Z2-Score Related Terms


Media Research Institute Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Media Research Institute'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.

Media Research Institute Altman Z2-Score Chart

Media Research Institute Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Altman Z2-Score
Get a 7-Day Free Trial 10.67 15.20 14.35 12.32 11.42

Media Research Institute Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 10.57 11.42 11.38 10.59 0.00

FSE:9242 vs KFY, RHI, TNET: Altman Z2-Score Comparison

For the Staffing & Employment Services subindustry, Media Research Institute'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.


Media Research Institute Altman Z2-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Media Research Institute's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Media Research Institute's Altman Z2-Score falls into.


FSE:9242
74GF Score
Media Research Institute Inc FSE:9242
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Media Research Institute 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.

Media Research Institute'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*0.7054+3.26*0.6246+6.72*0.166+1.05*4.679
=12.69

* 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 Jan. 2026:
Total Assets was 円2,142 Mil.
Total Current Assets was 円1,862 Mil.
Total Current Liabilities was 円351 Mil.
Retained Earnings was 円1,338 Mil.
Pre-Tax Income was -58.64 + 579.737 + -102.772 + -62.714 = 円356 Mil.
Interest Expense was 0 + 0 + 0 + 0 = 円0 Mil.
Total Liabilities was 円377 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
=(1862.368 - 351.096)/2142.417
=0.7054

X2=Retained Earnings/Total Assets
=1338.127/2142.417
=0.6246

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(355.611 - 0)/2142.417
=0.166

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1765.165 - 0)/377.252
=4.679

The zones of discrimination were as such:

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

Media Research Institute has a Altman Z2-Score of 12.69 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 12.69 mean?
Media Research Institute (FSE:9242) has a Altman Z2-Score of 12.69 as of Jul. 12, 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 Media Research Institute and its competitors. This is near median its historical median of 12.86. Over the past decade, Media Research Institute's Altman Z2-Score has ranged from 10.47 to 16.37. According to the industry distribution chart, Media Research Institute ranks #114 out of 1080 companies in the Business Services industry, placing it in the top 10.6%.
Is Media Research Institute's Altman Z2-Score too high?
Media Research Institute's current Altman Z2-Score of 12.69 is near median its 10-year median of 12.86. Over the past 10 years, this metric has ranged from a low of 10.47 to a high of 16.37. The Business Services industry median Altman Z2-Score is 3.65. Media Research Institute's value of 12.69 is 248.1% above this industry median. Based on the distribution chart, Media Research Institute ranks #114 out of 1080 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Media Research Institute has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Media Research Institute's Altman Z2-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Media Research Institute ranks #114 out of 1080 companies for Altman Z2-Score. This places Media Research Institute in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.65. Media Research Institute's value of 12.69 is 248.1% above this benchmark. Historically, Media Research Institute's own Altman Z2-Score has ranged from 10.47 to 16.37 over the past decade. While the company's 10-year median is 12.86 vs. the industry median of 3.65, Media Research Institute 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 a Business Services company?
The median Altman Z2-Score among Business Services companies is 3.65, based on 1,080 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. Media Research Institute's current Altman Z2-Score of 12.69 is 248.1% 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 Media Research Institute and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Media Research Institute's current Altman Z2-Score is 12.69, which is near median its own 10-year median of 12.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Media Research Institute stock overvalued right now?
Media Research Institute (FSE:9242) has a current Altman Z2-Score of 12.69. The stock's GF Value™ is 円1,903.43, compared to a current price of 円1,530.00 — trading 19.6% below its estimated fair value. The current Altman Z2-Score is 12.69, which is near median its 10-year median of 12.86 and 248.1% above the Business Services industry median of 3.65. Media Research Institute's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Media Research Institute (FSE:9242), the current Altman Z2-Score is 12.69 as of Jul. 12, 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 Media Research Institute (FSE:9242) Overvalued in 2026?

Based on GuruFocus' analysis, Media Research Institute stock appears to be undervalued. The current stock price of 円1,530.00 is trading 19.6% below its estimated GF Value™ of 円1,903.43.

Key valuation signals for FSE:9242:

  • Altman Z2-Score: 12.69 (near median its 10-year median of 12.86)
  • GF Value™: 円1,903.43 vs. price of 円1,530.00 (19.6% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 248.1% above the Business Services median (#114 of 1080)

No single metric tells the full story. See the FSE:9242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Media Research Institute Business Description

Other Exchanges 9242:Japan
Address 2-8-1 Daimyo, 6th Floor, Higo Tenjinho Building, Chuo-ku, Fukuoka Prefecture, Fukuoka, JPN, 810-0041
Media Research Institute Inc is mainly involved in the planning of job hunting events for technical college and university students.
74GF Score

Get the complete analysis for FSE:9242

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

円1,530.00
Price
円1,903.43
GF Value