SSNEF (Sanshin Electronics Co) Altman Z2-Score: 5.42 (As of Jun. 30, 2026) — Near Median


SSNEF Sanshin Electronics Co Ltd SSNEF
83 GF Score
Price $20.10
GF Value $18.69
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What is Sanshin Electronics Co Altman Z2-Score?

Sanshin Electronics Co SSNEF 83 Altman Z2-Score is 5.42 as of Jun. 30, 2026, which is 3% above its 10-year median of 5.28. GuruFocus rates SSNEF with a GF Score™ of 83/100 and a GF Value™ of $18.69. Among 1,018 Semiconductors companies, Sanshin Electronics Co ranks better than 54.62% 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:

Sanshin Electronics Co has a Altman Z2-Score of 5.42, 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 Sanshin Electronics Co's Altman Z2-Score or its related term are showing as below:

SSNEF' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.35   Med: 5.28   Max: 7.08
Current: 5.4

During the past 13 years, Sanshin Electronics Co's highest Altman Z2-Score was 7.08. The lowest was 4.35. And the median was 5.28.


Sanshin Electronics Co  (OTCPK:SSNEF) 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.


Sanshin Electronics Co Altman Z2-Score Related Terms


Sanshin Electronics Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Sanshin Electronics Co'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.

Sanshin Electronics Co Altman Z2-Score Chart

Sanshin Electronics Co 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 4.35 4.79 5.16 5.03 5.40

Sanshin Electronics Co 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 5.03 5.28 5.18 5.48 5.40

SSNEF vs NVDA, AVGO, MU: Altman Z2-Score Comparison

For the Semiconductors subindustry, Sanshin Electronics Co'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.


Sanshin Electronics Co Altman Z2-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanshin Electronics Co's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Sanshin Electronics Co's Altman Z2-Score falls into.


SSNEF
83GF Score
Sanshin Electronics Co Ltd SSNEF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanshin Electronics Co 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.

Sanshin Electronics Co'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*0.4037+3.26*0.3484+6.72*0.0848+1.05*1.0197
=5.42

* 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 $574 Mil.
Total Current Assets was $508 Mil.
Total Current Liabilities was $276 Mil.
Retained Earnings was $200 Mil.
Pre-Tax Income was 13.045 + 6.927 + 14.885 + 10.666 = $46 Mil.
Interest Expense was -0.718 + -0.763 + -0.791 + -0.872 = $-3 Mil.
Total Liabilities was $284 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
=(508.052 - 276.426)/573.705
=0.4037

X2=Retained Earnings/Total Assets
=199.871/573.705
=0.3484

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(45.523 - -3.144)/573.705
=0.0848

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(289.452 - 0)/283.856
=1.0197

The zones of discrimination were as such:

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

Sanshin Electronics Co has a Altman Z2-Score of 5.42 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 5.42 mean?
Sanshin Electronics Co (SSNEF) has a Altman Z2-Score of 5.42 as of Jun. 30, 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 Sanshin Electronics Co and its competitors. This is near median its historical median of 5.28. Over the past decade, Sanshin Electronics Co's Altman Z2-Score has ranged from 4.35 to 7.08. According to the industry distribution chart, Sanshin Electronics Co ranks #462 out of 1018 companies in the Semiconductors industry, placing it in the top 45.4%.
Is Sanshin Electronics Co's Altman Z2-Score too high?
Sanshin Electronics Co's current Altman Z2-Score of 5.42 is near median its 10-year median of 5.28. Over the past 10 years, this metric has ranged from a low of 4.35 to a high of 7.08. The Semiconductors industry median Altman Z2-Score is 4.90. Sanshin Electronics Co's value of 5.42 is 10.7% above this industry median. Based on the distribution chart, Sanshin Electronics Co ranks #462 out of 1018 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Sanshin Electronics Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Sanshin Electronics Co's Altman Z2-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Sanshin Electronics Co ranks #462 out of 1018 companies for Altman Z2-Score. This puts Sanshin Electronics Co in the upper half of its industry. The industry median Altman Z2-Score is 4.90. Sanshin Electronics Co's value of 5.42 is 10.7% above this benchmark. Historically, Sanshin Electronics Co's own Altman Z2-Score has ranged from 4.35 to 7.08 over the past decade. While the company's 10-year median is 5.28 vs. the industry median of 4.90, Sanshin Electronics Co 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 Semiconductors company?
The median Altman Z2-Score among Semiconductors companies is 4.90, based on 1,018 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. Sanshin Electronics Co's current Altman Z2-Score of 5.42 is 10.7% 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 Sanshin Electronics Co and its competitors. For the Semiconductors industry, the median Altman Z2-Score is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanshin Electronics Co's current Altman Z2-Score is 5.42, which is near median its own 10-year median of 5.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanshin Electronics Co stock overvalued right now?
Sanshin Electronics Co (SSNEF) has a current Altman Z2-Score of 5.42. The stock's GF Value™ is $18.69, compared to a current price of $20.10 — trading 7.5% above its estimated fair value. The current Altman Z2-Score is 5.42, which is near median its 10-year median of 5.28 and 10.7% above the Semiconductors industry median of 4.90. Sanshin Electronics Co's overall GF Score™ is 83/100. 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 Sanshin Electronics Co (SSNEF), the current Altman Z2-Score is 5.42 as of Jun. 30, 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 Sanshin Electronics Co (SSNEF) Overvalued in 2026?

Based on GuruFocus' analysis, Sanshin Electronics Co stock appears to be overvalued. The current stock price of $20.10 is trading 7.5% above its estimated GF Value™ of $18.69.

Key valuation signals for SSNEF:

  • Altman Z2-Score: 5.42 (near median its 10-year median of 5.28)
  • GF Value™: $18.69 vs. price of $20.10 (7.5% above fair value)
  • GF Score™: 83/100
  • Industry Position: 10.7% above the Semiconductors median (#462 of 1018)

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


Sanshin Electronics Co Business Description

Other Exchanges 8150:Japan
Address 4-4-12 Shiba, Minato-ku, Tokyo, JPN, 108-8404
Sanshin Electronics Co Ltd is a Japanese based electronics trading company. It operates in two business divisions including device business and solution business. Its device business is engaged in the sales of semiconductors and electronic components for automobile, information and communications, toys and games, and social infrastructure and manufacturing industries. In solution business, it offers IT (information technology) infrastructure solution, application services, video solutions, support, and services. The company has a nationwide network in Japan, Thailand, Malaysia, Singapore, Taiwan, Hong Kong, Irvine, and Shenzhen.
83GF Score

Get the complete analysis for SSNEF

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

$20.10
Price
$18.69
GF Value