Unisia Holdings Co (TSE:3547) Altman Z2-Score: 0.98 (As of Jul. 09, 2026) — 65% Below Median


TSE:3547 Unisia Holdings Co TSE:3547
68 GF Score
Price 円1,582.00
GF Value 円3,516.42
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Unisia Holdings Co Altman Z2-Score?

Unisia Holdings Co TSE:3547 -0.57% 68 Altman Z2-Score is 0.98 as of Jul. 09, 2026, which is 65% below its 10-year median of 2.82. GuruFocus rates TSE:3547 with a GF Score™ of 68/100 and a GF Value™ of 円3,516.42 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 358 Restaurants companies, Unisia Holdings Co ranks better than 77.65% 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.

Warning Sign:

Unisia Holdings Co has a Altman Z2-Score of 0.98, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Unisia Holdings Co's Altman Z2-Score or its related term are showing as below:

TSE:3547' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.44   Med: 2.82   Max: 5.07
Current: 3.26

During the past 11 years, Unisia Holdings Co's highest Altman Z2-Score was 5.07. The lowest was -0.44. And the median was 2.82.


Unisia Holdings Co  (TSE:3547) 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.


Unisia Holdings Co Altman Z2-Score Related Terms


Unisia Holdings Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Unisia Holdings 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.

Unisia Holdings Co Altman Z2-Score Chart

Unisia Holdings Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 2.18 1.99 2.38 3.26

Unisia Holdings Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 2.51 2.95 3.04 3.26 0.00

TSE:3547 vs MCD, SBUX, YUM: Altman Z2-Score Comparison

For the Restaurants subindustry, Unisia Holdings 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.


Unisia Holdings Co Altman Z2-Score vs Restaurants Industry

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

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


TSE:3547
68GF Score
Unisia Holdings Co TSE:3547
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unisia Holdings 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.

Unisia Holdings 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*-0.0037+3.26*0.0936+6.72*0.039+1.05*0.4189
=0.98

* 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 Nov. 2025:
Total Assets was 円23,721 Mil.
Total Current Assets was 円5,284 Mil.
Total Current Liabilities was 円5,371 Mil.
Retained Earnings was 円2,220 Mil.
Pre-Tax Income was 176.956 + -74.345 + 368.898 + 389.143 = 円861 Mil.
Interest Expense was -47.386 + -5.236 + -5.846 + -6.61 = 円-65 Mil.
Total Liabilities was 円16,698 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
=(5283.931 - 5370.618)/23721.355
=-0.0037

X2=Retained Earnings/Total Assets
=2219.869/23721.355
=0.0936

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(860.652 - -65.078)/23721.355
=0.039

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(6995.326 - 0)/16698.193
=0.4189

The zones of discrimination were as such:

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

Unisia Holdings Co has a Altman Z2-Score of 0.98 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.98 mean?
Unisia Holdings Co (TSE:3547) has a Altman Z2-Score of 0.98 as of Jul. 09, 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 Unisia Holdings Co and its competitors. This is 65% below median its historical median of 2.82. According to the industry distribution chart, Unisia Holdings Co ranks #80 out of 358 companies in the Restaurants industry, placing it in the top 22.3%.
Is Unisia Holdings Co's Altman Z2-Score too high?
Unisia Holdings Co's current Altman Z2-Score of 0.98 is 65% below median its 10-year median of 2.82. The Restaurants industry median Altman Z2-Score is 1.29. Unisia Holdings Co's value of 0.98 is 23.7% below this industry median. Based on the distribution chart, Unisia Holdings Co ranks #80 out of 358 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Unisia Holdings Co has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Unisia Holdings Co's Altman Z2-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Unisia Holdings Co ranks #80 out of 358 companies for Altman Z2-Score. This places Unisia Holdings Co in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.29. Unisia Holdings Co's value of 0.98 is 23.7% below this benchmark. While the company's 10-year median is 2.82 vs. the industry median of 1.29, Unisia Holdings 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 Restaurants company?
The median Altman Z2-Score among Restaurants companies is 1.29, based on 358 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. Unisia Holdings Co's current Altman Z2-Score of 0.98 is 23.7% 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 Unisia Holdings Co and its competitors. For the Restaurants industry, the median Altman Z2-Score is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unisia Holdings Co's current Altman Z2-Score is 0.98, which is 65% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unisia Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Unisia Holdings Co (TSE:3547) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,516.42, compared to a current price of 円1,582.00 — trading 55% below its estimated fair value. The current Altman Z2-Score is 0.98, which is 65% below median its 10-year median of 2.82 and 23.7% below the Restaurants industry median of 1.29. Unisia Holdings Co's overall GF Score™ is 68/100 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 Unisia Holdings Co (TSE:3547), the current Altman Z2-Score is 0.98 as of Jul. 09, 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 Unisia Holdings Co (TSE:3547) Overvalued in 2026?

Based on GuruFocus' analysis, Unisia Holdings Co stock appears to be undervalued. The current stock price of 円1,582.00 is trading 55% below its estimated GF Value™ of 円3,516.42. GuruFocus considers Unisia Holdings Co to be Significantly Undervalued.

Key valuation signals for TSE:3547:

  • Altman Z2-Score: 0.98 (65% below median its 10-year median of 2.82)
  • GF Value™: 円3,516.42 vs. price of 円1,582.00 (55% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 23.7% below the Restaurants median (#80 of 358)

No single metric tells the full story. See the TSE:3547 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unisia Holdings Co Business Description

Address 1-7-6 Higashigotanda, 5th Floor Towa Higashigotanda Building, Shinagawa-ku, Tokyo, JPN
Unisia Holdings Co is engaged in operating restaurants in Japan. The company operates in the Japanese hospitality and food culture. It focuses to become an infrastructure presence that supports both lifestyles and travel in the worl-wide market. Its brands are Kushikatsu Tanaka, PISOLA, TANAKA, Heavenly Food, and Others.
68GF Score

Get the complete analysis for TSE:3547

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

円1,582.00
Price
円3,516.42
GF Value