France Bed Holdings Co (TSE:7840) Altman Z2-Score: 5.84 (As of Jul. 07, 2026) — Near Median


TSE:7840 France Bed Holdings Co Ltd TSE:7840
69 GF Score
Price 円1,239.00
GF Value 円1,294.46
Valuation Fairly Valued
View Full Analysis

What is France Bed Holdings Co Altman Z2-Score?

France Bed Holdings Co TSE:7840 69 Altman Z2-Score is 5.84 as of Jul. 07, 2026, which is 5% above its 10-year median of 5.56. GuruFocus rates TSE:7840 with a GF Score™ of 69/100 and a GF Value™ of 円1,294.46 (Fairly Valued). Among 429 Furnishings, Fixtures & Appliances companies, France Bed Holdings Co ranks better than 69.7% 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:

France Bed Holdings Co has a Altman Z2-Score of 5.84, 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 France Bed Holdings Co's Altman Z2-Score or its related term are showing as below:

TSE:7840' s Altman Z2-Score Range Over the Past 10 Years
Min: 5   Med: 5.56   Max: 5.84
Current: 5.84

During the past 13 years, France Bed Holdings Co's highest Altman Z2-Score was 5.84. The lowest was 5.00. And the median was 5.56.


France Bed Holdings Co  (TSE:7840) 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.


France Bed Holdings Co Altman Z2-Score Related Terms


France Bed Holdings Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for France Bed Holdings 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.

France Bed Holdings Co Altman Z2-Score Chart

France Bed Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.57 5.69 5.41 5.84

France Bed Holdings Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 5.41 5.36 5.49 5.68 5.84

TSE:7840 vs SN, SGI, MHK: Altman Z2-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, France Bed Holdings 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.


France Bed Holdings Co Altman Z2-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, France Bed Holdings Co's Altman Z2-Score distribution charts can be found below:

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


TSE:7840
69GF Score
France Bed Holdings Co Ltd TSE:7840
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

France Bed Holdings 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.

France Bed Holdings 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*0.3212+3.26*0.5432+6.72*0.0638+1.05*1.4559
=5.84

* 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 Mar. 2026:
Total Assets was 円67,747 Mil.
Total Current Assets was 円35,330 Mil.
Total Current Liabilities was 円13,568 Mil.
Retained Earnings was 円36,802 Mil.
Pre-Tax Income was 1208 + 1281 + 975 + 789 = 円4,253 Mil.
Interest Expense was -19 + -17 + -18 + -18 = 円-72 Mil.
Total Liabilities was 円27,585 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
=(35330 - 13568)/67747
=0.3212

X2=Retained Earnings/Total Assets
=36802/67747
=0.5432

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4253 - -72)/67747
=0.0638

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(40162 - 0)/27585
=1.4559

The zones of discrimination were as such:

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

France Bed Holdings Co has a Altman Z2-Score of 5.84 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 5.84 mean?
France Bed Holdings Co (TSE:7840) has a Altman Z2-Score of 5.84 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 France Bed Holdings Co and its competitors. This is near median its historical median of 5.56. Over the past decade, France Bed Holdings Co's Altman Z2-Score has ranged from 5.00 to 5.84. According to the industry distribution chart, France Bed Holdings Co ranks #130 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 30.3%.
Is France Bed Holdings Co's Altman Z2-Score too high?
France Bed Holdings Co's current Altman Z2-Score of 5.84 is near median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 5.84. The Furnishings, Fixtures & Appliances industry median Altman Z2-Score is 4.05. France Bed Holdings Co's value of 5.84 is 44.2% above this industry median. Based on the distribution chart, France Bed Holdings Co ranks #130 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, France Bed Holdings Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does France Bed Holdings Co's Altman Z2-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, France Bed Holdings Co ranks #130 out of 429 companies for Altman Z2-Score. This puts France Bed Holdings Co in the upper half of its industry. The industry median Altman Z2-Score is 4.05. France Bed Holdings Co's value of 5.84 is 44.2% above this benchmark. Historically, France Bed Holdings Co's own Altman Z2-Score has ranged from 5.00 to 5.84 over the past decade. While the company's 10-year median is 5.56 vs. the industry median of 4.05, France Bed Holdings 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 a Furnishings, Fixtures & Appliances company?
The median Altman Z2-Score among Furnishings, Fixtures & Appliances companies is 4.05, based on 429 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. France Bed Holdings Co's current Altman Z2-Score of 5.84 is 44.2% 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 France Bed Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z2-Score is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. France Bed Holdings Co's current Altman Z2-Score is 5.84, which is near median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is France Bed Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, France Bed Holdings Co (TSE:7840) is currently considered Fairly Valued. The stock's GF Value™ is 円1,294.46, compared to a current price of 円1,239.00 — trading 4.3% below its estimated fair value. The current Altman Z2-Score is 5.84, which is near median its 10-year median of 5.56 and 44.2% above the Furnishings, Fixtures & Appliances industry median of 4.05. France Bed Holdings Co's overall GF Score™ is 69/100. 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 France Bed Holdings Co (TSE:7840), the current Altman Z2-Score is 5.84 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 France Bed Holdings Co (TSE:7840) Overvalued in 2026?

Based on GuruFocus' analysis, France Bed Holdings Co stock appears to be undervalued. The current stock price of 円1,239.00 is trading 4.3% below its estimated GF Value™ of 円1,294.46. GuruFocus considers France Bed Holdings Co to be Fairly Valued.

Key valuation signals for TSE:7840:

  • Altman Z2-Score: 5.84 (near median its 10-year median of 5.56)
  • GF Value™: 円1,294.46 vs. price of 円1,239.00 (4.3% below fair value)
  • GF Score™: 69/100
  • Industry Position: 44.2% above the Furnishings, Fixtures & Appliances median (#130 of 429)

No single metric tells the full story. See the TSE:7840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


France Bed Holdings Co Business Description

Address 6-22-1 Nishi-Shinjuku, Shinjuku Square Tower 6th Floor, Shinjuku-ku, Tokyo, JPN
France Bed Holdings Co Ltd operates a holding company which provides management plan and audits the business activities of all group companies. It operates through the following divisions: Medical Services Business, Home Furnishing and Health Business, and Others. The Medical Services division manufactures, purchases, leases, retails and wholesales nursing beds and welfare equipment. The Home Furnishing division manufactures, purchases, and wholesales beds, furniture, and bedroom products. The Others division involves the door-to-door selling, sells daily necessities, exhibit hall construction and real estate leasing businesses.
69GF Score

Get the complete analysis for TSE:7840

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

円1,239.00
Price
円1,294.46
GF Value