Howtelevision (TSE:7064) Altman Z2-Score: 4.60 (As of Jul. 05, 2026) — Near Median


TSE:7064 Howtelevision Inc TSE:7064
74 GF Score
Price 円855.00
GF Value 円1,776.10
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Howtelevision Altman Z2-Score?

Howtelevision TSE:7064 74 Altman Z2-Score is 4.60 as of Jul. 05, 2026, which is 4% above its 10-year median of 4.43. GuruFocus rates TSE:7064 with a GF Score™ of 74/100 and a GF Value™ of 円1,776.10 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,078 Business Services companies, Howtelevision ranks better than 57.79% 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:

Howtelevision has a Altman Z2-Score of 4.60, 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 Howtelevision's Altman Z2-Score or its related term are showing as below:

TSE:7064' s Altman Z2-Score Range Over the Past 10 Years
Min: -1.46   Med: 4.43   Max: 7.83
Current: 4.6

During the past 10 years, Howtelevision's highest Altman Z2-Score was 7.83. The lowest was -1.46. And the median was 4.43.


Howtelevision  (TSE:7064) 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.


Howtelevision Altman Z2-Score Related Terms


Howtelevision Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Howtelevision'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.

Howtelevision Altman Z2-Score Chart

Howtelevision Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 7.75 7.39 6.83 4.60

Howtelevision Semi-Annual Data
Jan17 Jan18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 7.39 6.13 6.83 6.23 4.60

TSE:7064 vs KFY, RHI, TNET: Altman Z2-Score Comparison

For the Staffing & Employment Services subindustry, Howtelevision'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.


Howtelevision Altman Z2-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Howtelevision's Altman Z2-Score distribution charts can be found below:

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


TSE:7064
74GF Score
Howtelevision Inc TSE:7064
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Howtelevision 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.

Howtelevision'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*0.2918+3.26*0.3147+6.72*0.0712+1.05*1.1257
=4.60

* 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 Jan. 2026:
Total Assets was 円2,702 Mil.
Total Current Assets was 円1,833 Mil.
Total Current Liabilities was 円1,045 Mil.
Retained Earnings was 円850 Mil.
Pre-Tax Income was 円187 Mil.
Interest Expense was 円-6 Mil.
Total Liabilities was 円1,271 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
=(1833.326 - 1044.933)/2701.666
=0.2918

X2=Retained Earnings/Total Assets
=850.272/2701.666
=0.3147

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(186.789 - -5.68)/2701.666
=0.0712

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1430.725 - 0)/1270.941
=1.1257

The zones of discrimination were as such:

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

Howtelevision has a Altman Z2-Score of 4.60 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.60 mean?
Howtelevision (TSE:7064) has a Altman Z2-Score of 4.60 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 Howtelevision and its competitors. This is near median its historical median of 4.43. According to the industry distribution chart, Howtelevision ranks #455 out of 1078 companies in the Business Services industry, placing it in the top 42.2%.
Is Howtelevision's Altman Z2-Score too high?
Howtelevision's current Altman Z2-Score of 4.60 is near median its 10-year median of 4.43. The Business Services industry median Altman Z2-Score is 3.64. Howtelevision's value of 4.60 is 26.5% above this industry median. Based on the distribution chart, Howtelevision ranks #455 out of 1078 companies in the Business Services industry, which is above the industry midpoint. Overall, Howtelevision has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Howtelevision's Altman Z2-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Howtelevision ranks #455 out of 1078 companies for Altman Z2-Score. This puts Howtelevision in the upper half of its industry. The industry median Altman Z2-Score is 3.64. Howtelevision's value of 4.60 is 26.5% above this benchmark. While the company's 10-year median is 4.43 vs. the industry median of 3.64, Howtelevision 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 Business Services company?
The median Altman Z2-Score among Business Services companies is 3.64, based on 1,078 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. Howtelevision's current Altman Z2-Score of 4.60 is 26.5% 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 Howtelevision and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howtelevision's current Altman Z2-Score is 4.60, which is near median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howtelevision stock overvalued right now?
Based on GuruFocus' analysis, Howtelevision (TSE:7064) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,776.10, compared to a current price of 円855.00 — trading 51.9% below its estimated fair value. The current Altman Z2-Score is 4.60, which is near median its 10-year median of 4.43 and 26.5% above the Business Services industry median of 3.64. Howtelevision's overall GF Score™ is 74/100 with 2 warning signs 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 Howtelevision (TSE:7064), the current Altman Z2-Score is 4.60 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 Howtelevision (TSE:7064) Overvalued in 2026?

Based on GuruFocus' analysis, Howtelevision stock appears to be undervalued. The current stock price of 円855.00 is trading 51.9% below its estimated GF Value™ of 円1,776.10. GuruFocus considers Howtelevision to be Significantly Undervalued.

Key valuation signals for TSE:7064:

  • Altman Z2-Score: 4.60 (near median its 10-year median of 4.43)
  • GF Value™: 円1,776.10 vs. price of 円855.00 (51.9% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 26.5% above the Business Services median (#455 of 1078)

No single metric tells the full story. See the TSE:7064 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howtelevision Business Description

Address 10-13 TOKYU REIT Shibuya R Building 8th Floor, Shibuya 3-ku Shibuya-ku, Tokyo, JPN, 150-0002
Howtelevision Inc is a Japanese-based company that offers a career platform for students. It offers a growth environment through internships and job-hunting activities. It generally provides a wealth of content, such as company information, recruitment information, such as internships and screenings, community functions where students can communicate, and job hunting columns.
74GF Score

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

円855.00
Price
円1,776.10
GF Value