Meito Co (TSE:2207) Altman Z2-Score: 3.51 (As of Jul. 07, 2026) — Near Median


TSE:2207 Meito Co Ltd TSE:2207
58 GF Score
Price 円3,240.00
GF Value 円2,244.12
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Meito Co Altman Z2-Score?

Meito Co TSE:2207 +0.47% 58 Altman Z2-Score is 3.51 as of Jul. 07, 2026, which is 5% below its 10-year median of 3.69. GuruFocus rates TSE:2207 with a GF Score™ of 58/100 and a GF Value™ of 円2,244.12 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,965 Consumer Packaged Goods companies, Meito Co ranks worse than 52.11% 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:

Meito Co has a Altman Z2-Score of 3.51, 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 Meito Co's Altman Z2-Score or its related term are showing as below:

TSE:2207' s Altman Z2-Score Range Over the Past 10 Years
Min: 3.24   Med: 3.69   Max: 4.73
Current: 3.51

During the past 13 years, Meito Co's highest Altman Z2-Score was 4.73. The lowest was 3.24. And the median was 3.69.


Meito Co  (TSE:2207) 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.


Meito Co Altman Z2-Score Related Terms


Meito Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Meito 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.

Meito Co Altman Z2-Score Chart

Meito Co 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 4.34 4.13 3.24 4.47 3.51

Meito Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.24 3.81 4.47 0.00 3.51

TSE:2207 vs MDLZ, HSY, TR: Altman Z2-Score Comparison

For the Confectioners subindustry, Meito 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.


Meito Co Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meito Co's Altman Z2-Score distribution charts can be found below:

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


TSE:2207
58GF Score
Meito Co Ltd TSE:2207
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meito 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.

Meito 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*0.0667+3.26*0.3289+6.72*0.0437+1.05*1.6292
=3.51

* 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 円100,319 Mil.
Total Current Assets was 円16,071 Mil.
Total Current Liabilities was 円9,376 Mil.
Retained Earnings was 円32,991 Mil.
Pre-Tax Income was 円4,262 Mil.
Interest Expense was 円-124 Mil.
Total Liabilities was 円38,156 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
=(16071 - 9376)/100319
=0.0667

X2=Retained Earnings/Total Assets
=32991/100319
=0.3289

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4262 - -124)/100319
=0.0437

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(62163 - 0)/38156
=1.6292

The zones of discrimination were as such:

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

Meito Co has a Altman Z2-Score of 3.51 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.51 mean?
Meito Co (TSE:2207) has a Altman Z2-Score of 3.51 as of Jul. 07, 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 Meito Co and its competitors. This is near median its historical median of 3.69. Over the past decade, Meito Co's Altman Z2-Score has ranged from 3.24 to 4.73. According to the industry distribution chart, Meito Co ranks #1024 out of 1965 companies in the Consumer Packaged Goods industry, placing it in the top 52.1%.
Is Meito Co's Altman Z2-Score too high?
Meito Co's current Altman Z2-Score of 3.51 is near median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 4.73. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Meito Co's value of 3.51 is 5.9% below this industry median. Based on the distribution chart, Meito Co ranks #1024 out of 1965 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Meito Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meito Co's Altman Z2-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Meito Co ranks #1024 out of 1965 companies for Altman Z2-Score. This places Meito Co in the lower half of its industry. The industry median Altman Z2-Score is 3.73. Meito Co's value of 3.51 is 5.9% below this benchmark. Historically, Meito Co's own Altman Z2-Score has ranged from 3.24 to 4.73 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 3.73, Meito Co 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 Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,965 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. Meito Co's current Altman Z2-Score of 3.51 is 5.9% 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 Meito Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meito Co's current Altman Z2-Score is 3.51, which is near median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meito Co stock overvalued right now?
Based on GuruFocus' analysis, Meito Co (TSE:2207) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,244.12, compared to a current price of 円3,240.00 — trading 44.4% above its estimated fair value. The current Altman Z2-Score is 3.51, which is near median its 10-year median of 3.69 and 5.9% below the Consumer Packaged Goods industry median of 3.73. Meito Co's overall GF Score™ is 58/100 with 10 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 Meito Co (TSE:2207), the current Altman Z2-Score is 3.51 as of Jul. 07, 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 Meito Co (TSE:2207) Overvalued in 2026?

Based on GuruFocus' analysis, Meito Co stock appears to be overvalued. The current stock price of 円3,240.00 is trading 44.4% above its estimated GF Value™ of 円2,244.12. GuruFocus considers Meito Co to be Significantly Overvalued.

Key valuation signals for TSE:2207:

  • Altman Z2-Score: 3.51 (near median its 10-year median of 3.69)
  • GF Value™: 円2,244.12 vs. price of 円3,240.00 (44.4% above fair value)
  • GF Score™: 58/100 with 10 warning signs
  • Industry Position: 5.9% below the Consumer Packaged Goods median (#1024 of 1965)

No single metric tells the full story. See the TSE:2207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meito Co Business Description

Address 2-41 Sasazukacho, Nishi-ku, Nagoya, Aichi Prefecture, JPN, 451-8520
Meito Co Ltd is a Japanese based company operates in a wide range of business. The company is involved in the manufacture and sale of confectionery, beverages, seasoning foods, food additives and other foods. In addition, it is also involved in the manufacture and sale of pharmaceuticals, quasi-drugs, medical devices, veterinary medicines, cosmetics, and other chemical products. Further, it also involved in the construction and management of golf course activity. Geographically, business activities of the group are functioned through the region of Japan.
58GF Score

Get the complete analysis for TSE:2207

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

円3,240.00
Price
円2,244.12
GF Value