Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Union Tool CoTSE:6278 -8.63%79 Altman Z2-Score is 15.91 as of Jul. 21, 2026, which is 18% below its 10-year median of 19.39. GuruFocus rates TSE:6278 with a GF Score™ of 79/100 and a GF Value™ of 円7,760.89 (Significantly Overvalued). Among 3,027 Industrial Products companies, Union Tool Co ranks better than 96.99% 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:
Union Tool Co has a Altman Z2-Score of 15.91, 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 Union Tool Co's Altman Z2-Score or its related term are showing as below:
TSE:6278'
s Altman Z2-Score Range Over the Past 10 Years
Min: 16.34 Med: 19.39 Max: 27.89
Current: 16.34
During the past 13 years, Union Tool Co's highest Altman Z2-Score was 27.89. The lowest was 16.34. And the median was 19.39.
Union Tool Co (TSE:6278) 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.
Union Tool Co Altman Z2-Score Related Terms
Union Tool Co Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for Union 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:6278 vs SNA, RBC, LECO: Altman Z2-Score Comparison
For the Tools & Accessories subindustry, Union 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.
Union Tool Co Altman Z2-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Union Tool Co's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Union 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.
Union 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
*
0.4018
+
3.26
*
0.7819
+
6.72
*
0.1108
+
1.05
*
9.5086
=
15.91
* 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.
Union Tool Co (TSE:6278) has a Altman Z2-Score of 15.91 as of Jul. 21, 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 Union Tool Co and its competitors. This is 18% below median its historical median of 19.39. Over the past decade, Union Tool Co's Altman Z2-Score has ranged from 16.34 to 27.89. According to the industry distribution chart, Union Tool Co ranks #91 out of 3027 companies in the Industrial Products industry, placing it in the top 3%.
Is Union Tool Co's Altman Z2-Score too high?
Union Tool Co's current Altman Z2-Score of 15.91 is 18% below median its 10-year median of 19.39. Over the past 10 years, this metric has ranged from a low of 16.34 to a high of 27.89. The Industrial Products industry median Altman Z2-Score is 4.28. Union Tool Co's value of 15.91 is 271.7% above this industry median. Based on the distribution chart, Union Tool Co ranks #91 out of 3027 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Union Tool Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Tool Co's Altman Z2-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Union Tool Co ranks #91 out of 3027 companies for Altman Z2-Score. This places Union Tool Co in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.28. Union Tool Co's value of 15.91 is 271.7% above this benchmark. Historically, Union Tool Co's own Altman Z2-Score has ranged from 16.34 to 27.89 over the past decade. While the company's 10-year median is 19.39 vs. the industry median of 4.28, Union 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 3,027 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. Union Tool Co's current Altman Z2-Score of 15.91 is 271.7% 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 Union 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. Union Tool Co's current Altman Z2-Score is 15.91, which is 18% below median its own 10-year median of 19.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Tool Co stock overvalued right now?
Based on GuruFocus' analysis, Union Tool Co (TSE:6278) is currently considered Significantly Overvalued. The stock's GF Value™ is 円7,760.89, compared to a current price of 円17,250.00 — trading 122.3% above its estimated fair value. The current Altman Z2-Score is 15.91, which is 18% below median its 10-year median of 19.39 and 271.7% above the Industrial Products industry median of 4.28. Union Tool Co's overall GF Score™ is 79/100. 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 Union Tool Co (TSE:6278), the current Altman Z2-Score is 15.91 as of Jul. 21, 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 Union Tool Co (TSE:6278) Overvalued in 2026?
Based on GuruFocus' analysis, Union Tool Co stock appears to be overvalued.
The current stock price of 円17,250.00 is trading 122.3% above its estimated GF Value™ of 円7,760.89.
GuruFocus considers Union Tool Co to be Significantly Overvalued.
Key valuation signals for TSE:6278:
Altman Z2-Score: 15.91 (18% below median its 10-year median of 19.39)
GF Value™: 円7,760.89 vs. price of 円17,250.00 (122.3% above fair value)
Industry Position: 271.7% above the Industrial Products median (#91 of 3027)
No single metric tells the full story. See the TSE:6278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Tool Co is a designer and manufacturer of industrial cutting tools to a broad sector of the global industry. The company's key product includes carbide drill used in the manufacture of Printed Circuit Boards, found in all modern electronics. It also manufactures precision machinery including linear motion guides, diesinking end-mills, and digital measuring equipment for industrial use. The company has operations in Japan, Asia, North America and Europe.
79GF Score
Get the complete analysis for TSE:6278
Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6278 has been successfully added to your 
