Nihon M&A Center HoldingsTSE:2127 +1.09%88 Altman Z2-Score is 11.33 as of Jul. 04, 2026, which is 4% below its 10-year median of 11.77. GuruFocus rates TSE:2127 with a GF Score™ of 88/100 and a GF Value™ of 円823.30 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 694 Capital Markets companies, Nihon M&A Center Holdings ranks better than 78.39% 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:
Nihon M&A Center Holdings has a Altman Z2-Score of 11.33, 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 Nihon M&A Center Holdings's Altman Z2-Score or its related term are showing as below:
TSE:2127'
s Altman Z2-Score Range Over the Past 10 Years
Min: 8.79 Med: 11.77 Max: 16.02
Current: 11.33
During the past 13 years, Nihon M&A Center Holdings's highest Altman Z2-Score was 16.02. The lowest was 8.79. And the median was 11.77.
Nihon M&A Center Holdings (TSE:2127) 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.
TSE:2127 vs MS, GS, SCHW: Altman Z2-Score Comparison
For the Capital Markets subindustry, Nihon M&A Center 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.
Nihon M&A Center Holdings Altman Z2-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nihon M&A Center Holdings's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Nihon M&A Center Holdings's Altman Z2-Score falls into.
Nihon M&A Center 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.
* 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.
Nihon M&A Center Holdings (TSE:2127) has a Altman Z2-Score of 11.33 as of Jul. 04, 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 Nihon M&A Center Holdings and its competitors. This is near median its historical median of 11.77. Over the past decade, Nihon M&A Center Holdings' Altman Z2-Score has ranged from 8.79 to 16.02. According to the industry distribution chart, Nihon M&A Center Holdings ranks #150 out of 694 companies in the Capital Markets industry, placing it in the top 21.6%.
Is Nihon M&A Center Holdings' Altman Z2-Score too high?
Nihon M&A Center Holdings' current Altman Z2-Score of 11.33 is near median its 10-year median of 11.77. Over the past 10 years, this metric has ranged from a low of 8.79 to a high of 16.02. The Capital Markets industry median Altman Z2-Score is 4.28. Nihon M&A Center Holdings' value of 11.33 is 164.7% above this industry median. Based on the distribution chart, Nihon M&A Center Holdings ranks #150 out of 694 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon M&A Center Holdings has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon M&A Center Holdings' Altman Z2-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Nihon M&A Center Holdings ranks #150 out of 694 companies for Altman Z2-Score. This places Nihon M&A Center Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.28. Nihon M&A Center Holdings' value of 11.33 is 164.7% above this benchmark. Historically, Nihon M&A Center Holdings' own Altman Z2-Score has ranged from 8.79 to 16.02 over the past decade. While the company's 10-year median is 11.77 vs. the industry median of 4.28, Nihon M&A Center 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 Capital Markets company?
The median Altman Z2-Score among Capital Markets companies is 4.28, based on 694 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. Nihon M&A Center Holdings's current Altman Z2-Score of 11.33 is 164.7% 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 Nihon M&A Center Holdings and its competitors. For the Capital Markets industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon M&A Center Holdings's current Altman Z2-Score is 11.33, which is near median its own 10-year median of 11.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon M&A Center Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nihon M&A Center Holdings (TSE:2127) is currently considered Modestly Undervalued. The stock's GF Value™ is 円823.30, compared to a current price of 円656.50 — trading 20.3% below its estimated fair value. The current Altman Z2-Score is 11.33, which is near median its 10-year median of 11.77 and 164.7% above the Capital Markets industry median of 4.28. Nihon M&A Center Holdings' overall GF Score™ is 88/100 with 2 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 Nihon M&A Center Holdings (TSE:2127), the current Altman Z2-Score is 11.33 as of Jul. 04, 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 Nihon M&A Center Holdings (TSE:2127) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon M&A Center Holdings stock appears to be undervalued.
The current stock price of 円656.50 is trading 20.3% below its estimated GF Value™ of 円823.30.
GuruFocus considers Nihon M&A Center Holdings to be Modestly Undervalued.
Key valuation signals for TSE:2127:
Altman Z2-Score: 11.33 (near median its 10-year median of 11.77)
GF Value™: 円823.30 vs. price of 円656.50 (20.3% below fair value)
Industry Position: 164.7% above the Capital Markets median (#150 of 694)
No single metric tells the full story. See the TSE:2127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon M&A Center Holdings Inc is a Japan-based company involved in the merger and acquisition brokerage business. It offers M & A intermediary, corporate assessment, management buyout support, restructuring aid, corporate advisory, capital planning policy and management, and consulting services. The company is also involved in the corporate assessment business, calculating the reference price of enterprise value.
88GF Score
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