Link and MotivationTSE:2170 -1.09%86 Altman Z2-Score is 2.47 as of Jul. 01, 2026, which is 201% above its 10-year median of 0.82. GuruFocus rates TSE:2170 with a GF Score™ of 86/100 and a GF Value™ of 円610.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,076 Business Services companies, Link and Motivation ranks worse than 61.52% 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.
Link and Motivation has a Altman Z2-Score of 2.47, indicating it is in Grey Zones. This implies that Link and Motivation 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 Link and Motivation's Altman Z2-Score or its related term are showing as below:
TSE:2170'
s Altman Z2-Score Range Over the Past 10 Years
Min: -0.6 Med: 0.82 Max: 3.63
Current: 2.48
During the past 13 years, Link and Motivation's highest Altman Z2-Score was 3.63. The lowest was -0.60. And the median was 0.82.
Link and Motivation (TSE:2170) 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.
Altman Z2-Score does not apply to financial companies.
Link and Motivation Altman Z2-Score Related Terms
Link and Motivation Altman Z2-Score Historical Data
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The historical data trend for Link and Motivation'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.
TSE:2170 vs VRSK, EFX, BAH: Altman Z2-Score Comparison
For the Consulting Services subindustry, Link and Motivation'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.
Link and Motivation Altman Z2-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Link and Motivation's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Link and Motivation's Altman Z2-Score falls into.
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.
Link and Motivation'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
*
0.0529
+
3.26
*
0.2462
+
6.72
*
0.1162
+
1.05
*
0.5183
=
2.47
* 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.
Link and Motivation (TSE:2170) has a Altman Z2-Score of 2.47 as of Jul. 01, 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 Link and Motivation and its competitors. This is 201% above median its historical median of 0.82. According to the industry distribution chart, Link and Motivation ranks #662 out of 1076 companies in the Business Services industry, placing it in the top 61.5%.
Is Link and Motivation's Altman Z2-Score too high?
Link and Motivation's current Altman Z2-Score of 2.47 is 201% above median its 10-year median of 0.82. The Business Services industry median Altman Z2-Score is 3.62. Link and Motivation's value of 2.47 is 31.7% below this industry median. Based on the distribution chart, Link and Motivation ranks #662 out of 1076 companies in the Business Services industry, which is below the industry midpoint. Overall, Link and Motivation has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Link and Motivation's Altman Z2-Score compare to VRSK and EFX?
According to the Business Services industry distribution chart, Link and Motivation ranks #662 out of 1076 companies for Altman Z2-Score. This places Link and Motivation in the lower half of its industry. The industry median Altman Z2-Score is 3.62. Link and Motivation's value of 2.47 is 31.7% below this benchmark. While the company's 10-year median is 0.82 vs. the industry median of 3.62, Link and Motivation has consistently been below 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 Business Services company?
The median Altman Z2-Score among Business Services companies is 3.62, based on 1,076 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. Link and Motivation's current Altman Z2-Score of 2.47 is 31.7% below 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 Link and Motivation and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Link and Motivation's current Altman Z2-Score is 2.47, which is 201% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link and Motivation stock overvalued right now?
Based on GuruFocus' analysis, Link and Motivation (TSE:2170) is currently considered Modestly Undervalued. The stock's GF Value™ is 円610.80, compared to a current price of 円542.00 — trading 11.3% below its estimated fair value. The current Altman Z2-Score is 2.47, which is 201% above median its 10-year median of 0.82 and 31.7% below the Business Services industry median of 3.62. Link and Motivation's overall GF Score™ is 86/100 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 Link and Motivation (TSE:2170), the current Altman Z2-Score is 2.47 as of Jul. 01, 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 Link and Motivation (TSE:2170) Overvalued in 2026?
Based on GuruFocus' analysis, Link and Motivation stock appears to be undervalued.
The current stock price of 円542.00 is trading 11.3% below its estimated GF Value™ of 円610.80.
GuruFocus considers Link and Motivation to be Modestly Undervalued.
Key valuation signals for TSE:2170:
Altman Z2-Score: 2.47 (201% above median its 10-year median of 0.82)
GF Value™: 円610.80 vs. price of 円542.00 (11.3% below fair value)
Industry Position: 31.7% below the Business Services median (#662 of 1076)
No single metric tells the full story. See the TSE:2170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Link and Motivation Inc is engaged in providing management consulting services. It offers consulting services that transform business organizations through motivation management, entry management, brand management, investor relations and place management. The company operates across three segments namely, Division, Individual Development Division, and Matching Division it provides corporate consulting and HR solutions (including the Motivation Cloud HRTech platform), educational services for students and professionals, and recruitment/matching services.
86GF Score
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