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.
Japan Prime Realty Investment has a Altman Z2-Score of 1.37, indicating it is in Grey Zones. This implies that Japan Prime Realty Investment is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.
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 Japan Prime Realty Investment's Altman Z2-Score or its related term are showing as below:
JPRRF'
s Altman Z2-Score Range Over the Past 10 Years
Min: 1.01 Med: 1.57 Max: 1.73
Current: 1.37
During the past 13 years, Japan Prime Realty Investment's highest Altman Z2-Score was 1.73. The lowest was 1.01. And the median was 1.57.
Japan Prime Realty Investment (OTCPK:JPRRF) 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.
* 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.
Japan Prime Realty Investment Altman Z2-Score Chart
For the REIT - Diversified subindustry, Japan Prime Realty Investment'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.
Japan Prime Realty Investment Altman Z2-Score vs REITs Industry
For the REITs industry and Real Estate sector, Japan Prime Realty Investment's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Japan Prime Realty Investment's Altman Z2-Score falls into.
Japan Prime Realty Investment 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.
* 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.
Japan Prime Realty Investment (JPRRF) has a Altman Z2-Score of 1.37 as of Jul. 01, 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 Japan Prime Realty Investment and its competitors. This is 13% below median its historical median of 1.57. Over the past decade, Japan Prime Realty Investment's Altman Z2-Score has ranged from 1.01 to 1.73. According to the industry distribution chart, Japan Prime Realty Investment ranks #444 out of 742 companies in the REITs industry, placing it in the top 59.8%.
Is Japan Prime Realty Investment's Altman Z2-Score too high?
Japan Prime Realty Investment's current Altman Z2-Score of 1.37 is 13% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 1.73. The REITs industry median Altman Z2-Score is 1.76. Japan Prime Realty Investment's value of 1.37 is 22.2% below this industry median. Based on the distribution chart, Japan Prime Realty Investment ranks #444 out of 742 companies in the REITs industry, which is below the industry midpoint. Overall, Japan Prime Realty Investment has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Japan Prime Realty Investment's Altman Z2-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Japan Prime Realty Investment ranks #444 out of 742 companies for Altman Z2-Score. This places Japan Prime Realty Investment in the lower half of its industry. The industry median Altman Z2-Score is 1.76. Japan Prime Realty Investment's value of 1.37 is 22.2% below this benchmark. Historically, Japan Prime Realty Investment's own Altman Z2-Score has ranged from 1.01 to 1.73 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.76, Japan Prime Realty Investment has consistently been below 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 REITs company?
The median Altman Z2-Score among REITs companies is 1.76, based on 742 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. Japan Prime Realty Investment's current Altman Z2-Score of 1.37 is 22.2% below 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 Japan Prime Realty Investment and its competitors. For the REITs industry, the median Altman Z2-Score is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Prime Realty Investment's current Altman Z2-Score is 1.37, which is 13% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Prime Realty Investment stock overvalued right now?
Japan Prime Realty Investment (JPRRF) has a current Altman Z2-Score of 1.37. The stock's GF Value™ is $592.26, compared to a current price of $614.57 — trading 3.8% above its estimated fair value. The current Altman Z2-Score is 1.37, which is 13% below median its 10-year median of 1.57 and 22.2% below the REITs industry median of 1.76. Japan Prime Realty Investment's overall GF Score™ is 70/100 with 4 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 Japan Prime Realty Investment (JPRRF), the current Altman Z2-Score is 1.37 as of Jul. 01, 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 Japan Prime Realty Investment (JPRRF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Prime Realty Investment stock appears to be overvalued.
The current stock price of $614.57 is trading 3.8% above its estimated GF Value™ of $592.26.
Key valuation signals for JPRRF:
Altman Z2-Score: 1.37 (13% below median its 10-year median of 1.57)
GF Value™: $592.26 vs. price of $614.57 (3.8% above fair value)
Industry Position: 22.2% below the REITs median (#444 of 742)
No single metric tells the full story. See the JPRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Prime Realty Investment Business Description
Japan Prime Realty Investment Corporation, or JPR, is a Japanese real estate investment trust involved in the ownership of properties in the Greater Tokyo region. The majority of JPR's real estate portfolio is comprised of office buildings, with retail properties making up the rest of the company's holdings. The vast majority of JPR's assets are in the Tokyo metropolitan area, which are mostly concentrated in Central Tokyo. The company generates nearly all of its revenue through collecting funds from investors, investing that money into real estate properties, and then collecting rental income from those properties. Its collection of tenants is fairly evenly distributed among service, information and communication, manufacturing, finance, retail, and real estate companies.
70GF Score
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