Seiryo Electric (TSE:4341) Altman Z2-Score: 4.58 (As of Jul. 08, 2026) — Near Median


TSE:4341 Seiryo Electric Corp TSE:4341
71 GF Score
Price 円888.00
GF Value 円955.07
Valuation Fairly Valued
! 1 Warning Sign
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What is Seiryo Electric Altman Z2-Score?

Seiryo Electric TSE:4341 +0.45% 71 Altman Z2-Score is 4.58 as of Jul. 08, 2026, which is 5% above its 10-year median of 4.36. GuruFocus rates TSE:4341 with a GF Score™ of 71/100 and a GF Value™ of 円955.07 (Fairly Valued). The stock has 1 warning sign investors should review. Among 362 Telecommunication Services companies, Seiryo Electric ranks better than 84.25% 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:

Seiryo Electric has a Altman Z2-Score of 4.58, 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 Seiryo Electric's Altman Z2-Score or its related term are showing as below:

TSE:4341' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.09   Med: 4.36   Max: 4.81
Current: 4.58

During the past 13 years, Seiryo Electric's highest Altman Z2-Score was 4.81. The lowest was 4.09. And the median was 4.36.


Seiryo Electric  (TSE:4341) 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.


Seiryo Electric Altman Z2-Score Related Terms


Seiryo Electric Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Seiryo Electric'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.

Seiryo Electric Altman Z2-Score Chart

Seiryo Electric 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 4.81 4.43 4.39 4.31 4.58

Seiryo Electric 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 4.39 5.83 4.31 0.00 4.58

TSE:4341 vs TMUS, VZ, T: Altman Z2-Score Comparison

For the Telecom Services subindustry, Seiryo Electric'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.


Seiryo Electric Altman Z2-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Seiryo Electric's Altman Z2-Score distribution charts can be found below:

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


TSE:4341
71GF Score
Seiryo Electric Corp TSE:4341
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Seiryo Electric 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.

Seiryo Electric'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*0.3363+3.26*0.3758+6.72*0.038+1.05*0.8521
=4.58

* 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12,013 Mil.
Total Current Assets was 円10,285 Mil.
Total Current Liabilities was 円6,245 Mil.
Retained Earnings was 円4,514 Mil.
Pre-Tax Income was 円453 Mil.
Interest Expense was 円-3 Mil.
Total Liabilities was 円6,486 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
=(10285 - 6245)/12013
=0.3363

X2=Retained Earnings/Total Assets
=4514/12013
=0.3758

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(453 - -3)/12013
=0.038

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(5527 - 0)/6486
=0.8521

The zones of discrimination were as such:

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

Seiryo Electric has a Altman Z2-Score of 4.58 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.58 mean?
Seiryo Electric (TSE:4341) has a Altman Z2-Score of 4.58 as of Jul. 08, 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 Seiryo Electric and its competitors. This is near median its historical median of 4.36. Over the past decade, Seiryo Electric's Altman Z2-Score has ranged from 4.09 to 4.81. According to the industry distribution chart, Seiryo Electric ranks #57 out of 362 companies in the Telecommunication Services industry, placing it in the top 15.7%.
Is Seiryo Electric's Altman Z2-Score too high?
Seiryo Electric's current Altman Z2-Score of 4.58 is near median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 4.09 to a high of 4.81. The Telecommunication Services industry median Altman Z2-Score is 1.63. Seiryo Electric's value of 4.58 is 181.8% above this industry median. Based on the distribution chart, Seiryo Electric ranks #57 out of 362 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Seiryo Electric has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seiryo Electric's Altman Z2-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Seiryo Electric ranks #57 out of 362 companies for Altman Z2-Score. This places Seiryo Electric in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.63. Seiryo Electric's value of 4.58 is 181.8% above this benchmark. Historically, Seiryo Electric's own Altman Z2-Score has ranged from 4.09 to 4.81 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 1.63, Seiryo Electric 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 Telecommunication Services company?
The median Altman Z2-Score among Telecommunication Services companies is 1.63, based on 362 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. Seiryo Electric's current Altman Z2-Score of 4.58 is 181.8% 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 Seiryo Electric and its competitors. For the Telecommunication Services industry, the median Altman Z2-Score is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiryo Electric's current Altman Z2-Score is 4.58, which is near median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiryo Electric stock overvalued right now?
Based on GuruFocus' analysis, Seiryo Electric (TSE:4341) is currently considered Fairly Valued. The stock's GF Value™ is 円955.07, compared to a current price of 円888.00 — trading 7% below its estimated fair value. The current Altman Z2-Score is 4.58, which is near median its 10-year median of 4.36 and 181.8% above the Telecommunication Services industry median of 1.63. Seiryo Electric's overall GF Score™ is 71/100 with 1 warning sign 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 Seiryo Electric (TSE:4341), the current Altman Z2-Score is 4.58 as of Jul. 08, 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 Seiryo Electric (TSE:4341) Overvalued in 2026?

Based on GuruFocus' analysis, Seiryo Electric stock appears to be undervalued. The current stock price of 円888.00 is trading 7% below its estimated GF Value™ of 円955.07. GuruFocus considers Seiryo Electric to be Fairly Valued.

Key valuation signals for TSE:4341:

  • Altman Z2-Score: 4.58 (near median its 10-year median of 4.36)
  • GF Value™: 円955.07 vs. price of 円888.00 (7% below fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 181.8% above the Telecommunication Services median (#57 of 362)

No single metric tells the full story. See the TSE:4341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seiryo Electric Business Description

Address 2-4-27, Dojima, Kita-ku, JRWD Dojima Tower, Osaka, JPN, 530-0003
Seiryo Electric Corp sales and maintains information communications products equipped with visual aids, such as traffic monitoring systems and meteorological observation instruments. Its system solutions include Radio system and Tracking management solution which is designed to monitor in real-time critical information from surveillance systems like live videos from CCTV, and warning notifications can be shown on digital signage system and issued for preventive actions. It also provides consulting, designing and operations of systems. The Group has two reportable segments: the Telecommunications Terminal Business, and the Information and Communications Systems Business.
71GF Score

Get the complete analysis for TSE:4341

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

円888.00
Price
円955.07
GF Value