Cresco (TSE:4674) Altman Z2-Score: 8.06 (As of Jul. 05, 2026) — Near Median


TSE:4674 Cresco Ltd TSE:4674
89 GF Score
Price 円1,502.00
GF Value 円1,487.84
Valuation Fairly Valued
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What is Cresco Altman Z2-Score?

Cresco TSE:4674 +2.11% 89 Altman Z2-Score is 8.06 as of Jul. 05, 2026, which is 9% above its 10-year median of 7.40. GuruFocus rates TSE:4674 with a GF Score™ of 89/100 and a GF Value™ of 円1,487.84 (Fairly Valued). Among 2,823 Software companies, Cresco ranks better than 81.26% 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:

Cresco has a Altman Z2-Score of 8.06, 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 Cresco's Altman Z2-Score or its related term are showing as below:

TSE:4674' s Altman Z2-Score Range Over the Past 10 Years
Min: 6.53   Med: 7.4   Max: 8.61
Current: 8.07

During the past 13 years, Cresco's highest Altman Z2-Score was 8.61. The lowest was 6.53. And the median was 7.40.


Cresco  (TSE:4674) 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.


Cresco Altman Z2-Score Related Terms


Cresco Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Cresco'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.

Cresco Altman Z2-Score Chart

Cresco 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 7.67 8.61 8.29 8.21 8.07

Cresco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 8.21 8.40 8.15 8.29 8.07

TSE:4674 vs IBM, ACN, FISV: Altman Z2-Score Comparison

For the Information Technology Services subindustry, Cresco'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.


Cresco Altman Z2-Score vs Software Industry

For the Software industry and Technology sector, Cresco's Altman Z2-Score distribution charts can be found below:

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


TSE:4674
89GF Score
Cresco Ltd TSE:4674
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cresco 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.

Cresco'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*0.4281+3.26*0.5397+6.72*0.1576+1.05*2.3216
=8.06

* 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47,900 Mil.
Total Current Assets was 円30,778 Mil.
Total Current Liabilities was 円10,271 Mil.
Retained Earnings was 円25,853 Mil.
Pre-Tax Income was 2203.42 + 2219.933 + 1969.772 + 1148.021 = 円7,541 Mil.
Interest Expense was -2.432 + -2.52 + -2.645 + -2.606 = 円-10 Mil.
Total Liabilities was 円14,421 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
=(30778.01 - 10270.694)/47899.893
=0.4281

X2=Retained Earnings/Total Assets
=25852.555/47899.893
=0.5397

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(7541.146 - -10.203)/47899.893
=0.1576

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(33479.381 - 0)/14420.512
=2.3216

The zones of discrimination were as such:

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

Cresco has a Altman Z2-Score of 8.06 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 8.06 mean?
Cresco (TSE:4674) has a Altman Z2-Score of 8.06 as of Jul. 05, 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 Cresco and its competitors. This is near median its historical median of 7.40. Over the past decade, Cresco's Altman Z2-Score has ranged from 6.53 to 8.61. According to the industry distribution chart, Cresco ranks #529 out of 2823 companies in the Software industry, placing it in the top 18.7%.
Is Cresco's Altman Z2-Score too high?
Cresco's current Altman Z2-Score of 8.06 is near median its 10-year median of 7.40. Over the past 10 years, this metric has ranged from a low of 6.53 to a high of 8.61. The Software industry median Altman Z2-Score is 3.08. Cresco's value of 8.06 is 161.7% above this industry median. Based on the distribution chart, Cresco ranks #529 out of 2823 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Cresco has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cresco's Altman Z2-Score compare to IBM and ACN?
According to the Software industry distribution chart, Cresco ranks #529 out of 2823 companies for Altman Z2-Score. This places Cresco in the top 19% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.08. Cresco's value of 8.06 is 161.7% above this benchmark. Historically, Cresco's own Altman Z2-Score has ranged from 6.53 to 8.61 over the past decade. While the company's 10-year median is 7.40 vs. the industry median of 3.08, Cresco 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 Software company?
The median Altman Z2-Score among Software companies is 3.08, based on 2,823 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. Cresco's current Altman Z2-Score of 8.06 is 161.7% 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 Cresco and its competitors. For the Software industry, the median Altman Z2-Score is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cresco's current Altman Z2-Score is 8.06, which is near median its own 10-year median of 7.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cresco stock overvalued right now?
Based on GuruFocus' analysis, Cresco (TSE:4674) is currently considered Fairly Valued. The stock's GF Value™ is 円1,487.84, compared to a current price of 円1,502.00 — trading 1% above its estimated fair value. The current Altman Z2-Score is 8.06, which is near median its 10-year median of 7.40 and 161.7% above the Software industry median of 3.08. Cresco's overall GF Score™ is 89/100. 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 Cresco (TSE:4674), the current Altman Z2-Score is 8.06 as of Jul. 05, 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 Cresco (TSE:4674) Overvalued in 2026?

Based on GuruFocus' analysis, Cresco stock appears to be overvalued. The current stock price of 円1,502.00 is trading 1% above its estimated GF Value™ of 円1,487.84. GuruFocus considers Cresco to be Fairly Valued.

Key valuation signals for TSE:4674:

  • Altman Z2-Score: 8.06 (near median its 10-year median of 7.40)
  • GF Value™: 円1,487.84 vs. price of 円1,502.00 (1% above fair value)
  • GF Score™: 89/100
  • Industry Position: 161.7% above the Software median (#529 of 2823)

No single metric tells the full story. See the TSE:4674 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cresco Business Description

Other Exchanges CEJOF:USA
Address Shinagawa Intercity Building A 25 - 27 Floor, Minato - ku, Tokyo, JPN, 108-6026
Cresco Ltd is engaged in the information technology (IT) service business. Its business activities are divided into four divisions including Consulting and solution service operations, Design and development work, Operation management, Research, analysis, evaluation and technical support work. Services and solutions offered by the company include KEYAKI a platform that supports from development to operation of applications using sensors, beacons, and micro servers, Minervae (Minerva) a service brand that provides artificial intelligence (AI) know-how of utilization, Creage (Claire) a service that provides total support from cloud introduction consulting, integration, operation and monitoring. It also conducts seminars using technology useful for a digital change.
89GF Score

Get the complete analysis for TSE:4674

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

円1,502.00
Price
円1,487.84
GF Value