Besterra Co (TSE:1433) Altman Z2-Score: 6.07 (As of Jul. 13, 2026) — 28% Above Median


TSE:1433 Besterra Co Ltd TSE:1433
72 GF Score
Price 円1,148.00
GF Value 円1,272.15
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Besterra Co Altman Z2-Score?

Besterra Co TSE:1433 +1.32% 72 Altman Z2-Score is 6.07 as of Jul. 13, 2026, which is 28% above its 10-year median of 4.76. GuruFocus rates TSE:1433 with a GF Score™ of 72/100 and a GF Value™ of 円1,272.15 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,767 Construction companies, Besterra Co ranks better than 78.27% 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:

Besterra Co has a Altman Z2-Score of 6.07, 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 Besterra Co's Altman Z2-Score or its related term are showing as below:

TSE:1433' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.61   Med: 4.76   Max: 7.28
Current: 6.07

During the past 12 years, Besterra Co's highest Altman Z2-Score was 7.28. The lowest was 2.61. And the median was 4.76.


Besterra Co  (TSE:1433) 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.


Besterra Co Altman Z2-Score Related Terms


Besterra Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Besterra 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.

Besterra Co Altman Z2-Score Chart

Besterra Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.39 3.57 2.61 3.31 6.07

Besterra Co Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 2.61 2.47 3.31 5.03 6.07

TSE:1433 vs PWR, FIX, EME: Altman Z2-Score Comparison

For the Engineering & Construction subindustry, Besterra 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.


Besterra Co Altman Z2-Score vs Construction Industry

For the Construction industry and Industrials sector, Besterra Co's Altman Z2-Score distribution charts can be found below:

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


TSE:1433
72GF Score
Besterra Co Ltd TSE:1433
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Besterra 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.

Besterra 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*0.3632+3.26*0.2861+6.72*0.1222+1.05*1.8382
=6.07

* 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8,334 Mil.
Total Current Assets was 円5,669 Mil.
Total Current Liabilities was 円2,642 Mil.
Retained Earnings was 円2,384 Mil.
Pre-Tax Income was 円1,002 Mil.
Interest Expense was 円-16 Mil.
Total Liabilities was 円2,936 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
=(5668.906 - 2642.283)/8333.903
=0.3632

X2=Retained Earnings/Total Assets
=2384/8333.903
=0.2861

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1002.369 - -15.853)/8333.903
=0.1222

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(5397.534 - 0)/2936.369
=1.8382

The zones of discrimination were as such:

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

Besterra Co has a Altman Z2-Score of 6.07 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.07 mean?
Besterra Co (TSE:1433) has a Altman Z2-Score of 6.07 as of Jul. 13, 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 Besterra Co and its competitors. This is 28% above median its historical median of 4.76. Over the past decade, Besterra Co's Altman Z2-Score has ranged from 2.61 to 7.28. According to the industry distribution chart, Besterra Co ranks #384 out of 1767 companies in the Construction industry, placing it in the top 21.7%.
Is Besterra Co's Altman Z2-Score too high?
Besterra Co's current Altman Z2-Score of 6.07 is 28% above median its 10-year median of 4.76. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 7.28. The Construction industry median Altman Z2-Score is 3.21. Besterra Co's value of 6.07 is 89.1% above this industry median. Based on the distribution chart, Besterra Co ranks #384 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Besterra Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Besterra Co's Altman Z2-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Besterra Co ranks #384 out of 1767 companies for Altman Z2-Score. This places Besterra Co in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.21. Besterra Co's value of 6.07 is 89.1% above this benchmark. Historically, Besterra Co's own Altman Z2-Score has ranged from 2.61 to 7.28 over the past decade. While the company's 10-year median is 4.76 vs. the industry median of 3.21, Besterra 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 Construction company?
The median Altman Z2-Score among Construction companies is 3.21, based on 1,767 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. Besterra Co's current Altman Z2-Score of 6.07 is 89.1% 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 Besterra Co and its competitors. For the Construction industry, the median Altman Z2-Score is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Besterra Co's current Altman Z2-Score is 6.07, which is 28% above median its own 10-year median of 4.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Besterra Co stock overvalued right now?
Based on GuruFocus' analysis, Besterra Co (TSE:1433) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,272.15, compared to a current price of 円1,148.00 — trading 9.8% below its estimated fair value. The current Altman Z2-Score is 6.07, which is 28% above median its 10-year median of 4.76 and 89.1% above the Construction industry median of 3.21. Besterra Co's overall GF Score™ is 72/100 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 Besterra Co (TSE:1433), the current Altman Z2-Score is 6.07 as of Jul. 13, 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 Besterra Co (TSE:1433) Overvalued in 2026?

Based on GuruFocus' analysis, Besterra Co stock appears to be undervalued. The current stock price of 円1,148.00 is trading 9.8% below its estimated GF Value™ of 円1,272.15. GuruFocus considers Besterra Co to be Modestly Undervalued.

Key valuation signals for TSE:1433:

  • Altman Z2-Score: 6.07 (28% above median its 10-year median of 4.76)
  • GF Value™: 円1,272.15 vs. price of 円1,148.00 (9.8% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 89.1% above the Construction median (#384 of 1767)

No single metric tells the full story. See the TSE:1433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Besterra Co Business Description

Address 2-6 Hirano 3-chome, Koto-ku, Tokyo, JPN, 135-0023
Besterra Co Ltd is engaged in the construction, engineering, and management of plant dismantling. The company also offers BT staff and 3D measurement services.
72GF Score

Get the complete analysis for TSE:1433

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

円1,148.00
Price
円1,272.15
GF Value