IFIS Japan (TSE:7833) Altman Z2-Score: 12.43 (As of Jul. 11, 2026) — Near Median


TSE:7833 IFIS Japan Ltd TSE:7833
81 GF Score
Price 円649.00
GF Value 円802.64
Valuation Modestly Undervalued
! 2 Warning Signs
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What is IFIS Japan Altman Z2-Score?

IFIS Japan TSE:7833 +0.15% 81 Altman Z2-Score is 12.43 as of Jul. 11, 2026, which is 3% below its 10-year median of 12.82. GuruFocus rates TSE:7833 with a GF Score™ of 81/100 and a GF Value™ of 円802.64 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,079 Business Services companies, IFIS Japan ranks better than 92.96% 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:

IFIS Japan has a Altman Z2-Score of 12.43, 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 IFIS Japan's Altman Z2-Score or its related term are showing as below:

TSE:7833' s Altman Z2-Score Range Over the Past 10 Years
Min: 9.6   Med: 12.82   Max: 15.8
Current: 12.41

During the past 13 years, IFIS Japan's highest Altman Z2-Score was 15.80. The lowest was 9.60. And the median was 12.82.


IFIS Japan  (TSE:7833) 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.


IFIS Japan Altman Z2-Score Related Terms


IFIS Japan Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for IFIS Japan'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.

IFIS Japan Altman Z2-Score Chart

IFIS Japan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.77 15.25 15.80 11.80 12.41

IFIS Japan Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.56 12.92 12.79 12.41 0.00

TSE:7833 vs CTAS, CPRT, ULS: Altman Z2-Score Comparison

For the Specialty Business Services subindustry, IFIS Japan'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.


IFIS Japan Altman Z2-Score vs Business Services Industry

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

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


TSE:7833
81GF Score
IFIS Japan Ltd TSE:7833
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IFIS Japan 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.

IFIS Japan'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*0.6923+3.26*0.7226+6.72*0.057+1.05*4.908
=12.43

* 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.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was 円7,058 Mil.
Total Current Assets was 円5,823 Mil.
Total Current Liabilities was 円937 Mil.
Retained Earnings was 円5,100 Mil.
Pre-Tax Income was 236.159 + 0 + 0 + 166.413 = 円403 Mil.
Interest Expense was -0.005 + 0 + 0 + -0.007 = 円-0 Mil.
Total Liabilities was 円1,195 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
=(5823.103 - 937.066)/7058.196
=0.6923

X2=Retained Earnings/Total Assets
=5100.074/7058.196
=0.7226

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(402.572 - -0.012)/7058.196
=0.057

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(5863.507 - 0)/1194.689
=4.908

The zones of discrimination were as such:

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

IFIS Japan has a Altman Z2-Score of 12.43 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 12.43 mean?
IFIS Japan (TSE:7833) has a Altman Z2-Score of 12.43 as of Jul. 11, 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 IFIS Japan and its competitors. This is near median its historical median of 12.82. Over the past decade, IFIS Japan's Altman Z2-Score has ranged from 9.60 to 15.80. According to the industry distribution chart, IFIS Japan ranks #76 out of 1079 companies in the Business Services industry, placing it in the top 7%.
Is IFIS Japan's Altman Z2-Score too high?
IFIS Japan's current Altman Z2-Score of 12.43 is near median its 10-year median of 12.82. Over the past 10 years, this metric has ranged from a low of 9.60 to a high of 15.80. The Business Services industry median Altman Z2-Score is 3.65. IFIS Japan's value of 12.43 is 240.5% above this industry median. Based on the distribution chart, IFIS Japan ranks #76 out of 1079 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, IFIS Japan has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFIS Japan's Altman Z2-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, IFIS Japan ranks #76 out of 1079 companies for Altman Z2-Score. This places IFIS Japan in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.65. IFIS Japan's value of 12.43 is 240.5% above this benchmark. Historically, IFIS Japan's own Altman Z2-Score has ranged from 9.60 to 15.80 over the past decade. While the company's 10-year median is 12.82 vs. the industry median of 3.65, IFIS Japan 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 3.65, based on 1,079 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. IFIS Japan's current Altman Z2-Score of 12.43 is 240.5% 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 IFIS Japan and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFIS Japan's current Altman Z2-Score is 12.43, which is near median its own 10-year median of 12.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFIS Japan stock overvalued right now?
Based on GuruFocus' analysis, IFIS Japan (TSE:7833) is currently considered Modestly Undervalued. The stock's GF Value™ is 円802.64, compared to a current price of 円649.00 — trading 19.1% below its estimated fair value. The current Altman Z2-Score is 12.43, which is near median its 10-year median of 12.82 and 240.5% above the Business Services industry median of 3.65. IFIS Japan's overall GF Score™ is 81/100 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 IFIS Japan (TSE:7833), the current Altman Z2-Score is 12.43 as of Jul. 11, 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 IFIS Japan (TSE:7833) Overvalued in 2026?

Based on GuruFocus' analysis, IFIS Japan stock appears to be undervalued. The current stock price of 円649.00 is trading 19.1% below its estimated GF Value™ of 円802.64. GuruFocus considers IFIS Japan to be Modestly Undervalued.

Key valuation signals for TSE:7833:

  • Altman Z2-Score: 12.43 (near median its 10-year median of 12.82)
  • GF Value™: 円802.64 vs. price of 円649.00 (19.1% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 240.5% above the Business Services median (#76 of 1079)

No single metric tells the full story. See the TSE:7833 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IFIS Japan Business Description

Address 1-8-7 Roppongi, Minato-ku, MFPR Roppongi Azabudai Building, Tokyo, JPN, 106-0032
IFIS Japan Ltd is a financial information services company. The principal business activities of the company include the distribution of research reports in electronic media, the supply of financial data and consensus data, and the production and printing of financial documents. Its services cover investment information, investor relations, and documentation for securities firms and investment trusts. It also provides IFIS consensus to newspapers, magazines, and Internet portals. The company mainly serves the listed companies, securities firms, and institutional investors. The company operates in five segments, which include: Investment Intelligence Business, Document Solutions Business, Fund Disclosure Business, IT Solutions Business, and Language Solutions Business.
81GF Score

Get the complete analysis for TSE:7833

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

円649.00
Price
円802.64
GF Value