Gyet Co (TSE:7603) Altman Z2-Score: -2.51 (As of Jul. 09, 2026)


TSE:7603 Gyet Co Ltd TSE:7603
35 GF Score
Price 円58.00
GF Value 円154.27
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Gyet Co Altman Z2-Score?

Gyet Co TSE:7603 +7.41% 35 Altman Z2-Score is -2.51 as of Jul. 09, 2026. GuruFocus rates TSE:7603 with a GF Score™ of 35/100 and a GF Value™ of 円154.27 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,114 Retail - Cyclical companies, Gyet Co ranks worse than 90.93% 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.

Warning Sign:

Gyet Co has a Altman Z2-Score of -2.51, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Gyet Co's Altman Z2-Score or its related term are showing as below:

TSE:7603' s Altman Z2-Score Range Over the Past 10 Years
Min: -2.51   Med: 1.9   Max: 5.21
Current: -2.51

During the past 13 years, Gyet Co's highest Altman Z2-Score was 5.21. The lowest was -2.51. And the median was 1.90.


Gyet Co  (TSE:7603) 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.


Gyet Co Altman Z2-Score Related Terms


Gyet Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Gyet 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.

Gyet Co Altman Z2-Score Chart

Gyet Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.65 0.66 -0.86 -2.51

Gyet Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.66 -0.23 -0.86 2.45 -2.51

TSE:7603 vs TJX, ROST, BURL: Altman Z2-Score Comparison

For the Apparel Retail subindustry, Gyet 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.


Gyet Co Altman Z2-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gyet Co's Altman Z2-Score distribution charts can be found below:

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


TSE:7603
35GF Score
Gyet Co Ltd TSE:7603
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gyet 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.

Gyet 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*0.4651+3.26*-0.9564+6.72*-0.4159+1.05*0.3391
=-2.51

* 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 Feb. 2026:
Total Assets was 円7,093 Mil.
Total Current Assets was 円5,769 Mil.
Total Current Liabilities was 円2,470 Mil.
Retained Earnings was 円-6,784 Mil.
Pre-Tax Income was 円-2,964 Mil.
Interest Expense was 円-14 Mil.
Total Liabilities was 円5,297 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
=(5769 - 2470)/7093
=0.4651

X2=Retained Earnings/Total Assets
=-6784/7093
=-0.9564

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-2964 - -14)/7093
=-0.4159

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1796 - 0)/5297
=0.3391

The zones of discrimination were as such:

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

Gyet Co has a Altman Z2-Score of -2.51 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of -2.51 mean?
Gyet Co (TSE:7603) has a Altman Z2-Score of -2.51 as of Jul. 09, 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 Gyet Co and its competitors. According to the industry distribution chart, Gyet Co ranks #1013 out of 1114 companies in the Retail - Cyclical industry, placing it in the top 90.9%.
Is Gyet Co's Altman Z2-Score too high?
Gyet Co's current Altman Z2-Score is -2.51. Based on the distribution chart, Gyet Co ranks #1013 out of 1114 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Gyet Co has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gyet Co's Altman Z2-Score compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Gyet Co ranks #1013 out of 1114 companies for Altman Z2-Score. This places Gyet Co in the lower half of its industry. The industry median Altman Z2-Score is 3.00. 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 Retail - Cyclical company?
The median Altman Z2-Score among Retail - Cyclical companies is 3.00, based on 1,114 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. 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 Gyet Co and its competitors. For the Retail - Cyclical industry, the median Altman Z2-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gyet Co's current Altman Z2-Score is -2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gyet Co stock overvalued right now?
Based on GuruFocus' analysis, Gyet Co (TSE:7603) is currently considered Possible Value Trap. The stock's GF Value™ is 円154.27, compared to a current price of 円58.00 — trading 62.4% below its estimated fair value. The current Altman Z2-Score is -2.51. Gyet Co's overall GF Score™ is 35/100 with 8 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 Gyet Co (TSE:7603), the current Altman Z2-Score is -2.51 as of Jul. 09, 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 Gyet Co (TSE:7603) Overvalued in 2026?

Based on GuruFocus' analysis, Gyet Co stock appears to be undervalued. The current stock price of 円58.00 is trading 62.4% below its estimated GF Value™ of 円154.27. GuruFocus considers Gyet Co to be Possible Value Trap.

Key valuation signals for TSE:7603:

  • Altman Z2-Score: -2.51
  • GF Value™: 円154.27 vs. price of 円58.00 (62.4% below fair value)
  • GF Score™: 35/100 with 8 warning signs

No single metric tells the full story. See the TSE:7603 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gyet Co Business Description

Address Shin-KoenjiTwinBuilding, 1-7-7 Umesato, Suginami-ku, Tokyo, JPN, 166-0011
Gyet Co Ltd is a retailer. The company focuses on casual clothing and operates a chain of stores world-wide. Some of its products include Jeans, Hat cap, Muffler, Belt, Sneakers, Socks, Sweater, Jackets, Inner shirts, Tops, Bottoms, Coats, Knit cardigan, and others.
35GF Score

Get the complete analysis for TSE:7603

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

円58.00
Price
円154.27
GF Value