Nippon BS Broadcasting (TSE:9414) Altman Z2-Score: 16.52 (As of Jul. 14, 2026) — 11% Above Median

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TSE:9414 Nippon BS Broadcasting Corp TSE:9414
64 GF Score
Price 円911.00
GF Value 円861.85
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nippon BS Broadcasting Altman Z2-Score?

Nippon BS Broadcasting TSE:9414 -0.55% 64 Altman Z2-Score is 16.52 as of Jul. 14, 2026, which is 11% above its 10-year median of 14.94. GuruFocus rates TSE:9414 with a GF Score™ of 64/100 and a GF Value™ of 円861.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,019 Media - Diversified companies, Nippon BS Broadcasting ranks better than 96.96% 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:

Nippon BS Broadcasting has a Altman Z2-Score of 16.52, 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 Nippon BS Broadcasting's Altman Z2-Score or its related term are showing as below:

TSE:9414' s Altman Z2-Score Range Over the Past 10 Years
Min: 12.98   Med: 14.94   Max: 18.93
Current: 16.52

During the past 13 years, Nippon BS Broadcasting's highest Altman Z2-Score was 18.93. The lowest was 12.98. And the median was 14.94.


Nippon BS Broadcasting  (TSE:9414) 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.


Nippon BS Broadcasting Altman Z2-Score Related Terms


Nippon BS Broadcasting Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Nippon BS Broadcasting'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.

Nippon BS Broadcasting Altman Z2-Score Chart

Nippon BS Broadcasting Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.32 14.94 17.43 17.10 16.52

Nippon BS Broadcasting 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 18.30 17.10 18.93 16.52 0.00

TSE:9414 vs NXST: Altman Z2-Score Comparison

For the Broadcasting subindustry, Nippon BS Broadcasting'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.


Nippon BS Broadcasting Altman Z2-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nippon BS Broadcasting's Altman Z2-Score distribution charts can be found below:

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


TSE:9414
64GF Score
Nippon BS Broadcasting Corp TSE:9414
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon BS Broadcasting 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.

Nippon BS Broadcasting'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*0.5532+3.26*0.62+6.72*0.0738+1.05*9.8805
=16.52

* 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 Aug. 2025:
Total Assets was 円26,898 Mil.
Total Current Assets was 円17,223 Mil.
Total Current Liabilities was 円2,343 Mil.
Retained Earnings was 円16,677 Mil.
Pre-Tax Income was 円1,985 Mil.
Interest Expense was 円-0 Mil.
Total Liabilities was 円2,472 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
=(17223.341 - 2342.777)/26898.356
=0.5532

X2=Retained Earnings/Total Assets
=16676.803/26898.356
=0.62

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1985.394 - -0.247)/26898.356
=0.0738

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(24426.185 - 0)/2472.171
=9.8805

The zones of discrimination were as such:

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

Nippon BS Broadcasting has a Altman Z2-Score of 16.52 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 16.52 mean?
Nippon BS Broadcasting (TSE:9414) has a Altman Z2-Score of 16.52 as of Jul. 14, 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 Nippon BS Broadcasting and its competitors. This is 11% above median its historical median of 14.94. Over the past decade, Nippon BS Broadcasting's Altman Z2-Score has ranged from 12.98 to 18.93. According to the industry distribution chart, Nippon BS Broadcasting ranks #31 out of 1019 companies in the Media - Diversified industry, placing it in the top 3%.
Is Nippon BS Broadcasting's Altman Z2-Score too high?
Nippon BS Broadcasting's current Altman Z2-Score of 16.52 is 11% above median its 10-year median of 14.94. Over the past 10 years, this metric has ranged from a low of 12.98 to a high of 18.93. The Media - Diversified industry median Altman Z2-Score is 2.54. Nippon BS Broadcasting's value of 16.52 is 550.4% above this industry median. Based on the distribution chart, Nippon BS Broadcasting ranks #31 out of 1019 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon BS Broadcasting has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon BS Broadcasting's Altman Z2-Score compare to NXST?
According to the Media - Diversified industry distribution chart, Nippon BS Broadcasting ranks #31 out of 1019 companies for Altman Z2-Score. This places Nippon BS Broadcasting in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.54. Nippon BS Broadcasting's value of 16.52 is 550.4% above this benchmark. Historically, Nippon BS Broadcasting's own Altman Z2-Score has ranged from 12.98 to 18.93 over the past decade. While the company's 10-year median is 14.94 vs. the industry median of 2.54, Nippon BS Broadcasting 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 Media - Diversified company?
The median Altman Z2-Score among Media - Diversified companies is 2.54, based on 1,019 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. Nippon BS Broadcasting's current Altman Z2-Score of 16.52 is 550.4% 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 Nippon BS Broadcasting and its competitors. For the Media - Diversified industry, the median Altman Z2-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon BS Broadcasting's current Altman Z2-Score is 16.52, which is 11% above median its own 10-year median of 14.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon BS Broadcasting stock overvalued right now?
Based on GuruFocus' analysis, Nippon BS Broadcasting (TSE:9414) is currently considered Fairly Valued. The stock's GF Value™ is 円861.85, compared to a current price of 円911.00 — trading 5.7% above its estimated fair value. The current Altman Z2-Score is 16.52, which is 11% above median its 10-year median of 14.94 and 550.4% above the Media - Diversified industry median of 2.54. Nippon BS Broadcasting's overall GF Score™ is 64/100 with 3 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 Nippon BS Broadcasting (TSE:9414), the current Altman Z2-Score is 16.52 as of Jul. 14, 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 Nippon BS Broadcasting (TSE:9414) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon BS Broadcasting stock appears to be overvalued. The current stock price of 円911.00 is trading 5.7% above its estimated GF Value™ of 円861.85. GuruFocus considers Nippon BS Broadcasting to be Fairly Valued.

Key valuation signals for TSE:9414:

  • Altman Z2-Score: 16.52 (11% above median its 10-year median of 14.94)
  • GF Value™: 円861.85 vs. price of 円911.00 (5.7% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 550.4% above the Media - Diversified median (#31 of 1019)

No single metric tells the full story. See the TSE:9414 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon BS Broadcasting Business Description

Address 2-5 Kanda Surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
Nippon BS Broadcasting Corp is a Japan-based company engages in the satellite broadcasting services. It provides various programs that include news, economy, entertainment, drama, movie, anime, hobby and art, travel, education, sports, and special program.
64GF Score

Get the complete analysis for TSE:9414

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

円911.00
Price
円861.85
GF Value