NS Tool CoTSE:6157 +1.91%76 Altman Z2-Score is 18.43 as of Jul. 07, 2026, which is 7% above its 10-year median of 17.22. GuruFocus rates TSE:6157 with a GF Score™ of 76/100 and a GF Value™ of 円896.14 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,038 Industrial Products companies, NS Tool Co ranks better than 97.86% 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:
NS Tool Co has a Altman Z2-Score of 18.43, 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 NS Tool Co's Altman Z2-Score or its related term are showing as below:
TSE:6157'
s Altman Z2-Score Range Over the Past 10 Years
Min: 12.41 Med: 17.22 Max: 20.22
Current: 18.43
During the past 13 years, NS Tool Co's highest Altman Z2-Score was 20.22. The lowest was 12.41. And the median was 17.22.
NS Tool Co (TSE:6157) 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.
Altman Z2-Score does not apply to financial companies.
NS Tool Co Altman Z2-Score Related Terms
NS Tool Co Altman Z2-Score Historical Data
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The historical data trend for NS Tool 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.
TSE:6157 vs SNA, RBC, LECO: Altman Z2-Score Comparison
For the Tools & Accessories subindustry, NS Tool 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.
NS Tool Co Altman Z2-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NS Tool Co's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where NS Tool Co's Altman Z2-Score falls into.
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.
NS Tool 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
*
0.6091
+
3.26
*
0.9193
+
6.72
*
0.1028
+
1.05
*
10.2365
=
18.43
* 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.
NS Tool Co (TSE:6157) has a Altman Z2-Score of 18.43 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 NS Tool Co and its competitors. This is near median its historical median of 17.22. Over the past decade, NS Tool Co's Altman Z2-Score has ranged from 12.41 to 20.22. According to the industry distribution chart, NS Tool Co ranks #65 out of 3038 companies in the Industrial Products industry, placing it in the top 2.1%.
Is NS Tool Co's Altman Z2-Score too high?
NS Tool Co's current Altman Z2-Score of 18.43 is near median its 10-year median of 17.22. Over the past 10 years, this metric has ranged from a low of 12.41 to a high of 20.22. The Industrial Products industry median Altman Z2-Score is 4.28. NS Tool Co's value of 18.43 is 330.6% above this industry median. Based on the distribution chart, NS Tool Co ranks #65 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NS Tool Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NS Tool Co's Altman Z2-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, NS Tool Co ranks #65 out of 3038 companies for Altman Z2-Score. This places NS Tool Co in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.28. NS Tool Co's value of 18.43 is 330.6% above this benchmark. Historically, NS Tool Co's own Altman Z2-Score has ranged from 12.41 to 20.22 over the past decade. While the company's 10-year median is 17.22 vs. the industry median of 4.28, NS Tool 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 an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.28, based on 3,038 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. NS Tool Co's current Altman Z2-Score of 18.43 is 330.6% 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 NS Tool Co and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NS Tool Co's current Altman Z2-Score is 18.43, which is near median its own 10-year median of 17.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NS Tool Co stock overvalued right now?
Based on GuruFocus' analysis, NS Tool Co (TSE:6157) is currently considered Fairly Valued. The stock's GF Value™ is 円896.14, compared to a current price of 円962.00 — trading 7.3% above its estimated fair value. The current Altman Z2-Score is 18.43, which is near median its 10-year median of 17.22 and 330.6% above the Industrial Products industry median of 4.28. NS Tool Co's overall GF Score™ is 76/100 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 NS Tool Co (TSE:6157), the current Altman Z2-Score is 18.43 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 NS Tool Co (TSE:6157) Overvalued in 2026?
Based on GuruFocus' analysis, NS Tool Co stock appears to be overvalued.
The current stock price of 円962.00 is trading 7.3% above its estimated GF Value™ of 円896.14.
GuruFocus considers NS Tool Co to be Fairly Valued.
Key valuation signals for TSE:6157:
Altman Z2-Score: 18.43 (near median its 10-year median of 17.22)
GF Value™: 円896.14 vs. price of 円962.00 (7.3% above fair value)
Industry Position: 330.6% above the Industrial Products median (#65 of 3038)
No single metric tells the full story. See the TSE:6157 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ns Tool Co Ltd manufactures and sells cutting tools. The company's products include cutters and chucks, end mills in square, ball, taper, and radius types, cutter series for a copper electrode, aluminum, and plastic among others.
76GF Score
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