TKINF (Takasago International) Altman Z2-Score: 4.72 (As of Jul. 15, 2026) — Near Median

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TKINF Takasago International Corp TKINF
74 GF Score
Price $8.00
GF Value $8.13
! 5 Warning Signs
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What is Takasago International Altman Z2-Score?

Takasago International TKINF 74 Altman Z2-Score is 4.72 as of Jul. 15, 2026, which is 7% above its 10-year median of 4.43. GuruFocus rates TKINF with a GF Score™ of 74/100 and a GF Value™ of $8.13. The stock has 5 warning signs investors should review. Among 1,590 Chemicals companies, Takasago International ranks better than 56.98% 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:

Takasago International has a Altman Z2-Score of 4.72, 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 Takasago International's Altman Z2-Score or its related term are showing as below:

TKINF' s Altman Z2-Score Range Over the Past 10 Years
Min: 3.81   Med: 4.43   Max: 4.9
Current: 4.7

During the past 13 years, Takasago International's highest Altman Z2-Score was 4.90. The lowest was 3.81. And the median was 4.43.


Takasago International  (OTCPK:TKINF) 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.


Takasago International Altman Z2-Score Related Terms


Takasago International Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Takasago International'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.

Takasago International Altman Z2-Score Chart

Takasago International 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 4.74 4.78 4.47 4.90 4.70

Takasago International 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 4.90 4.91 4.95 4.52 4.70

TKINF vs LIN, SHW, ECL: Altman Z2-Score Comparison

For the Specialty Chemicals subindustry, Takasago International'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.


Takasago International Altman Z2-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Takasago International's Altman Z2-Score distribution charts can be found below:

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


TKINF
74GF Score
Takasago International Corp TKINF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Takasago International 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.

Takasago International'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*0.2557+3.26*0.3876+6.72*0.0565+1.05*1.3329
=4.72

* 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 $1,709 Mil.
Total Current Assets was $935 Mil.
Total Current Liabilities was $498 Mil.
Retained Earnings was $662 Mil.
Pre-Tax Income was 26.323 + 13.796 + 23.238 + 27.339 = $91 Mil.
Interest Expense was -1.853 + -1.514 + -1.407 + -1.024 = $-6 Mil.
Total Liabilities was $725 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
=(934.853 - 497.874)/1708.737
=0.2557

X2=Retained Earnings/Total Assets
=662.265/1708.737
=0.3876

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(90.696 - -5.798)/1708.737
=0.0565

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(966.797 - 0)/725.334
=1.3329

The zones of discrimination were as such:

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

Takasago International has a Altman Z2-Score of 4.72 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.72 mean?
Takasago International (TKINF) has a Altman Z2-Score of 4.72 as of Jul. 15, 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 Takasago International and its competitors. This is near median its historical median of 4.43. Over the past decade, Takasago International's Altman Z2-Score has ranged from 3.81 to 4.90. According to the industry distribution chart, Takasago International ranks #684 out of 1590 companies in the Chemicals industry, placing it in the top 43%.
Is Takasago International's Altman Z2-Score too high?
Takasago International's current Altman Z2-Score of 4.72 is near median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 3.81 to a high of 4.90. The Chemicals industry median Altman Z2-Score is 3.96. Takasago International's value of 4.72 is 19.3% above this industry median. Based on the distribution chart, Takasago International ranks #684 out of 1590 companies in the Chemicals industry, which is above the industry midpoint. Overall, Takasago International has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Takasago International's Altman Z2-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Takasago International ranks #684 out of 1590 companies for Altman Z2-Score. This puts Takasago International in the upper half of its industry. The industry median Altman Z2-Score is 3.96. Takasago International's value of 4.72 is 19.3% above this benchmark. Historically, Takasago International's own Altman Z2-Score has ranged from 3.81 to 4.90 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 3.96, Takasago International 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 Chemicals company?
The median Altman Z2-Score among Chemicals companies is 3.96, based on 1,590 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. Takasago International's current Altman Z2-Score of 4.72 is 19.3% 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 Takasago International and its competitors. For the Chemicals industry, the median Altman Z2-Score is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takasago International's current Altman Z2-Score is 4.72, which is near median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takasago International stock overvalued right now?
Takasago International (TKINF) has a current Altman Z2-Score of 4.72. The stock's GF Value™ is $8.13, compared to a current price of $8.00 — trading 1.6% below its estimated fair value. The current Altman Z2-Score is 4.72, which is near median its 10-year median of 4.43 and 19.3% above the Chemicals industry median of 3.96. Takasago International's overall GF Score™ is 74/100 with 5 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 Takasago International (TKINF), the current Altman Z2-Score is 4.72 as of Jul. 15, 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 Takasago International (TKINF) Overvalued in 2026?

Based on GuruFocus' analysis, Takasago International stock appears to be undervalued. The current stock price of $8.00 is trading 1.6% below its estimated GF Value™ of $8.13.

Key valuation signals for TKINF:

  • Altman Z2-Score: 4.72 (near median its 10-year median of 4.43)
  • GF Value™: $8.13 vs. price of $8.00 (1.6% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 19.3% above the Chemicals median (#684 of 1590)

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


Takasago International Business Description

Other Exchanges 4914:Japan
Address Nissay Aroma Square 17F, 5-37-1, Kamata, Ohta-ku, Tokyo, JPN, 144-8721
Takasago International Corp is a Japan-based company engaged in the manufacture and sale of flavors, fragrances, aroma chemicals and fine chemicals. The Flavor products include flavors used in frozen desserts, such as beverages and ice creams, gums, confectioneries, processed foods and other processed food materials products. The Fragrance products include fragrances used in detergents, cosmetics and perfuming agents. The Aroma chemicals include menthol, synthetic perfumes such as musk, among others. The Fine chemicals include pharmaceutical intermediates, catalysts, photographic industry drugs and organic electronic materials. The majority of its revenue is generated from Flavors. The company operates its business mainly in Japan and rest from Asia, America, and Europe.
74GF Score

Get the complete analysis for TKINF

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

$8.00
Price
$8.13
GF Value