Poper Co (TSE:5134) Altman Z2-Score: 7.20 (As of Jul. 13, 2026) — 11% Above Median


TSE:5134 Poper Co Ltd TSE:5134
71 GF Score
Price 円530.00
GF Value 円1,042.52
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Poper Co Altman Z2-Score?

Poper Co TSE:5134 71 Altman Z2-Score is 7.20 as of Jul. 13, 2026, which is 11% above its 10-year median of 6.48. GuruFocus rates TSE:5134 with a GF Score™ of 71/100 and a GF Value™ of 円1,042.52 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,826 Software companies, Poper Co ranks better than 76.86% 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:

Poper Co has a Altman Z2-Score of 7.20, 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 Poper Co's Altman Z2-Score or its related term are showing as below:

TSE:5134' s Altman Z2-Score Range Over the Past 10 Years
Min: -1.33   Med: 6.48   Max: 7.2
Current: 7.2

During the past 6 years, Poper Co's highest Altman Z2-Score was 7.20. The lowest was -1.33. And the median was 6.48.


Poper Co  (TSE:5134) 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.


Poper Co Altman Z2-Score Related Terms


Poper Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Poper 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.

Poper Co Altman Z2-Score Chart

Poper Co Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Altman Z2-Score
Get a 7-Day Free Trial -1.33 4.77 7.19 6.19 7.20

Poper Co Semi-Annual Data
Oct20 Oct21 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.48 6.19 6.66 7.20 0.00

TSE:5134 vs UBER, SHOP, CRM: Altman Z2-Score Comparison

For the Software - Application subindustry, Poper 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.


Poper Co Altman Z2-Score vs Software Industry

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

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


TSE:5134
71GF Score
Poper Co Ltd TSE:5134
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Poper 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.

Poper 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*0.5651+3.26*0.0576+6.72*0.1197+1.05*2.3856
=7.20

* 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 Oct. 2025:
Total Assets was 円1,243 Mil.
Total Current Assets was 円999 Mil.
Total Current Liabilities was 円296 Mil.
Retained Earnings was 円72 Mil.
Pre-Tax Income was 円146 Mil.
Interest Expense was 円-3 Mil.
Total Liabilities was 円367 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
=(998.508 - 296.193)/1242.778
=0.5651

X2=Retained Earnings/Total Assets
=71.631/1242.778
=0.0576

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(145.939 - -2.876)/1242.778
=0.1197

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(875.697 - 0)/367.081
=2.3856

The zones of discrimination were as such:

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

Poper Co has a Altman Z2-Score of 7.20 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.20 mean?
Poper Co (TSE:5134) has a Altman Z2-Score of 7.20 as of Jul. 13, 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 Poper Co and its competitors. This is 11% above median its historical median of 6.48. According to the industry distribution chart, Poper Co ranks #654 out of 2826 companies in the Software industry, placing it in the top 23.1%.
Is Poper Co's Altman Z2-Score too high?
Poper Co's current Altman Z2-Score of 7.20 is 11% above median its 10-year median of 6.48. The Software industry median Altman Z2-Score is 3.08. Poper Co's value of 7.20 is 133.8% above this industry median. Based on the distribution chart, Poper Co ranks #654 out of 2826 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Poper Co has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Poper Co's Altman Z2-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Poper Co ranks #654 out of 2826 companies for Altman Z2-Score. This places Poper Co in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.08. Poper Co's value of 7.20 is 133.8% above this benchmark. While the company's 10-year median is 6.48 vs. the industry median of 3.08, Poper Co 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 2,826 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. Poper Co's current Altman Z2-Score of 7.20 is 133.8% 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 Poper Co 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. Poper Co's current Altman Z2-Score is 7.20, which is 11% above median its own 10-year median of 6.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poper Co stock overvalued right now?
Based on GuruFocus' analysis, Poper Co (TSE:5134) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,042.52, compared to a current price of 円530.00 — trading 49.2% below its estimated fair value. The current Altman Z2-Score is 7.20, which is 11% above median its 10-year median of 6.48 and 133.8% above the Software industry median of 3.08. Poper Co'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 Poper Co (TSE:5134), the current Altman Z2-Score is 7.20 as of Jul. 13, 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 Poper Co (TSE:5134) Overvalued in 2026?

Based on GuruFocus' analysis, Poper Co stock appears to be undervalued. The current stock price of 円530.00 is trading 49.2% below its estimated GF Value™ of 円1,042.52. GuruFocus considers Poper Co to be Significantly Undervalued.

Key valuation signals for TSE:5134:

  • Altman Z2-Score: 7.20 (11% above median its 10-year median of 6.48)
  • GF Value™: 円1,042.52 vs. price of 円530.00 (49.2% below fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 133.8% above the Software median (#654 of 2826)

No single metric tells the full story. See the TSE:5134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Poper Co Business Description

Address 1-13-21, Nihonbashi, 4th Floor, Kayabacho Hanshin Building, Chuo-ku, Tokyo, JPN, 103-0025
Poper Co Ltd is a SaaS-type business management platform that streamlines back-office operations and enhances parent-teacher communication for education providers. The company offers Comiru, a SaaS-based business management platform that improves the efficiency of back-office operations for educational businesses and strengthens communication with parents; ComiruAir, an online class and home learning support service that makes remote education more effective; ComiruHR, a labor management and communication service for instructors; and BIT CAMPUS, a cram school management support system.
71GF Score

Get the complete analysis for TSE:5134

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

円530.00
Price
円1,042.52
GF Value