TORLF (Toridoll Holdings) Altman Z2-Score: 1.36 (As of Jul. 15, 2026) — 11% Above Median

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TORLF Toridoll Holdings Corp TORLF
85 GF Score
Price $31.31
GF Value $35.87
! 4 Warning Signs
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What is Toridoll Holdings Altman Z2-Score?

Toridoll Holdings TORLF +15.96% 85 Altman Z2-Score is 1.36 as of Jul. 15, 2026, which is 11% above its 10-year median of 1.22. GuruFocus rates TORLF with a GF Score™ of 85/100 and a GF Value™ of $35.87. The stock has 4 warning signs investors should review. Among 359 Restaurants companies, Toridoll Holdings ranks better than 50.7% 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.

Toridoll Holdings has a Altman Z2-Score of 1.36, indicating it is in Grey Zones. This implies that Toridoll Holdings 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 Toridoll Holdings's Altman Z2-Score or its related term are showing as below:

TORLF' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.33   Med: 1.22   Max: 3.49
Current: 1.34

During the past 13 years, Toridoll Holdings's highest Altman Z2-Score was 3.49. The lowest was -0.33. And the median was 1.22.


Toridoll Holdings  (OTCPK:TORLF) 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.


Toridoll Holdings Altman Z2-Score Related Terms


Toridoll Holdings Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Toridoll Holdings'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.

Toridoll Holdings Altman Z2-Score Chart

Toridoll Holdings 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 1.51 1.50 0.90 1.34 1.34

Toridoll Holdings 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 1.34 1.36 1.35 1.39 1.34

TORLF vs MCD, SBUX, YUM: Altman Z2-Score Comparison

For the Restaurants subindustry, Toridoll Holdings'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.


Toridoll Holdings Altman Z2-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Toridoll Holdings's Altman Z2-Score distribution charts can be found below:

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


TORLF
85GF Score
Toridoll Holdings Corp TORLF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Toridoll Holdings 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.

Toridoll Holdings'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*0.0334+3.26*0.131+6.72*0.0402+1.05*0.4264
=1.36

* 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 $1,948 Mil.
Total Current Assets was $545 Mil.
Total Current Liabilities was $480 Mil.
Retained Earnings was $255 Mil.
Pre-Tax Income was -38.07 + 25.706 + 22.9 + 46.621 = $57 Mil.
Interest Expense was -4.399 + -5.035 + -1.211 + -10.555 = $-21 Mil.
Total Liabilities was $1,366 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
=(544.829 - 479.832)/1947.736
=0.0334

X2=Retained Earnings/Total Assets
=255.17/1947.736
=0.131

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(57.157 - -21.2)/1947.736
=0.0402

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(582.363 - 0)/1365.719
=0.4264

The zones of discrimination were as such:

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

Toridoll Holdings has a Altman Z2-Score of 1.36 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.36 mean?
Toridoll Holdings (TORLF) has a Altman Z2-Score of 1.36 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 Toridoll Holdings and its competitors. This is 11% above median its historical median of 1.22. According to the industry distribution chart, Toridoll Holdings ranks #177 out of 359 companies in the Restaurants industry, placing it in the top 49.3%.
Is Toridoll Holdings' Altman Z2-Score too high?
Toridoll Holdings' current Altman Z2-Score of 1.36 is 11% above median its 10-year median of 1.22. The Restaurants industry median Altman Z2-Score is 1.31. Toridoll Holdings' value of 1.36 is 3.8% above this industry median. Based on the distribution chart, Toridoll Holdings ranks #177 out of 359 companies in the Restaurants industry, which is above the industry midpoint. Overall, Toridoll Holdings has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Toridoll Holdings' Altman Z2-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Toridoll Holdings ranks #177 out of 359 companies for Altman Z2-Score. This puts Toridoll Holdings in the upper half of its industry. The industry median Altman Z2-Score is 1.31. Toridoll Holdings' value of 1.36 is 3.8% above this benchmark. While the company's 10-year median is 1.22 vs. the industry median of 1.31, Toridoll Holdings 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 Restaurants company?
The median Altman Z2-Score among Restaurants companies is 1.31, based on 359 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. Toridoll Holdings's current Altman Z2-Score of 1.36 is 3.8% 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 Toridoll Holdings and its competitors. For the Restaurants industry, the median Altman Z2-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toridoll Holdings's current Altman Z2-Score is 1.36, which is 11% above median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toridoll Holdings stock overvalued right now?
Toridoll Holdings (TORLF) has a current Altman Z2-Score of 1.36. The stock's GF Value™ is $35.87, compared to a current price of $31.31 — trading 12.7% below its estimated fair value. The current Altman Z2-Score is 1.36, which is 11% above median its 10-year median of 1.22 and 3.8% above the Restaurants industry median of 1.31. Toridoll Holdings' overall GF Score™ is 85/100 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 Toridoll Holdings (TORLF), the current Altman Z2-Score is 1.36 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 Toridoll Holdings (TORLF) Overvalued in 2026?

Based on GuruFocus' analysis, Toridoll Holdings stock appears to be undervalued. The current stock price of $31.31 is trading 12.7% below its estimated GF Value™ of $35.87.

Key valuation signals for TORLF:

  • Altman Z2-Score: 1.36 (11% above median its 10-year median of 1.22)
  • GF Value™: $35.87 vs. price of $31.31 (12.7% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 3.8% above the Restaurants median (#177 of 359)

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


Toridoll Holdings Business Description

Other Exchanges 3397:Japan
Address 22F, Gate City Ohsaki West Tower, 1-11-1,Ohsaki,Shinagawa-ku, Tokyo, JPN, 141?0032
Toridoll Holdings Corp owns and operates more than 1,000 restaurants Japan. Toridoll has several different restaurant brands, but most are similar in serving Japanese or other Asian cuisine and using an open-kitchen concept where customers can see the food as it is prepared. Toridoll's primary brand is Marugame Seimen, which specializes in Sanuki udon and accounts for more than 85% of the company's total sales. Marugame Seimen has nearly 800 locations in Japan and more than 100 locations in a dozen other countries. Other significant brands in Japan include Toridoll, Nagata Honjo-ken, and Marusho-ya. Significant brands outside Japan include Wok to Walk, Tokyo Table, and Boat Noodle.
85GF Score

Get the complete analysis for TORLF

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

$31.31
Price
$35.87
GF Value