ASNXF (ASANTE) Altman Z-Score: 4.85 (As of Jun. 28, 2026) — 26% Below Median


ASNXF ASANTE Inc ASNXF
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Price $12.13
GF Value $15.12
! 3 Warning Signs
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What is ASANTE Altman Z-Score?

ASANTE ASNXF 60 Altman Z-Score is 4.85 as of Jun. 28, 2026, which is 26% below its 10-year median of 6.58. GuruFocus rates ASNXF with a GF Score™ of 60/100 and a GF Value™ of $15.12. The stock has 3 warning signs investors should review. Among 89 Homebuilding & Construction companies, ASANTE ranks better than 85.39% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 4.81 is strong.

ASANTE has a Altman Z-Score of 4.85, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for ASANTE's Altman Z-Score or its related term are showing as below:

ASNXF' s Altman Z-Score Range Over the Past 10 Years
Min: 4.79   Med: 6.58   Max: 7.31
Current: 4.81

During the past 13 years, ASANTE's highest Altman Z-Score was 7.31. The lowest was 4.79. And the median was 6.58.


ASANTE  (OTCPK:ASNXF) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


ASANTE Altman Z-Score Related Terms


ASANTE Altman Z-Score Historical Data

* Premium members only.

The historical data trend for ASANTE's Altman Z-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.

ASANTE Altman Z-Score Chart

ASANTE Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.78 6.98 5.23 4.79 4.99

ASANTE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 4.79 4.60 5.00 5.25 4.99

ASNXF vs DHI, PHM, LEN: Altman Z-Score Comparison

For the Residential Construction subindustry, ASANTE's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


ASANTE Altman Z-Score vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, ASANTE's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where ASANTE's Altman Z-Score falls into.


ASNXF
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ASANTE Inc ASNXF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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ASANTE Altman Z-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.

ASANTE's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.5196+1.4*0.8117+3.3*0.0452+0.6*3.0972+1.0*1.0801
=4.85

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $88.09 Mil.
Total Current Assets was $58.12 Mil.
Total Current Liabilities was $12.35 Mil.
Retained Earnings was $71.51 Mil.
Pre-Tax Income was -1.374 + -0.264 + 2.364 + 3.2 = $3.93 Mil.
Interest Expense was -0.015 + -0.015 + -0.014 + -0.013 = $-0.06 Mil.
Revenue was 20.347 + 20.476 + 25.055 + 29.275 = $95.15 Mil.
Market Cap (Today) was $85.30 Mil.
Total Liabilities was $27.54 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
=(58.122 - 12.348)/88.093
=0.5196

X2=Retained Earnings/Total Assets
=71.507/88.093
=0.8117

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3.926 - -0.057)/88.093
=0.0452

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=85.299/27.541
=3.0972

X5=Revenue/Total Assets
=95.153/88.093
=1.0801

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

ASANTE has a Altman Z-Score of 4.85 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 4.85 mean?
ASANTE (ASNXF) has a Altman Z-Score of 4.85 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on ASANTE and its competitors. This is 26% below median its historical median of 6.58. Over the past decade, ASANTE's Altman Z-Score has ranged from 4.79 to 7.31. According to the industry distribution chart, ASANTE ranks #13 out of 89 companies in the Homebuilding & Construction industry, placing it in the top 14.6%.
Is ASANTE's Altman Z-Score too high?
ASANTE's current Altman Z-Score of 4.85 is 26% below median its 10-year median of 6.58. Over the past 10 years, this metric has ranged from a low of 4.79 to a high of 7.31. The Homebuilding & Construction industry median Altman Z-Score is 2.23. ASANTE's value of 4.85 is 117.5% above this industry median. Based on the distribution chart, ASANTE ranks #13 out of 89 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ASANTE has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does ASANTE's Altman Z-Score compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, ASANTE ranks #13 out of 89 companies for Altman Z-Score. This places ASANTE in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.23. ASANTE's value of 4.85 is 117.5% above this benchmark. Historically, ASANTE's own Altman Z-Score has ranged from 4.79 to 7.31 over the past decade. While the company's 10-year median is 6.58 vs. the industry median of 2.23, ASANTE 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 Z-Score for a Homebuilding & Construction company?
The median Altman Z-Score among Homebuilding & Construction companies is 2.23, based on 89 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASANTE's current Altman Z-Score of 4.85 is 117.5% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on ASANTE and its competitors. For the Homebuilding & Construction industry, the median Altman Z-Score is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASANTE's current Altman Z-Score is 4.85, which is 26% below median its own 10-year median of 6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASANTE stock overvalued right now?
ASANTE (ASNXF) has a current Altman Z-Score of 4.85. The stock's GF Value™ is $15.12, compared to a current price of $12.13 — trading 19.8% below its estimated fair value. The current Altman Z-Score is 4.85, which is 26% below median its 10-year median of 6.58 and 117.5% above the Homebuilding & Construction industry median of 2.23. ASANTE's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For ASANTE (ASNXF), the current Altman Z-Score is 4.85 as of Jun. 28, 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 ASANTE (ASNXF) Overvalued in 2026?

Based on GuruFocus' analysis, ASANTE stock appears to be undervalued. The current stock price of $12.13 is trading 19.8% below its estimated GF Value™ of $15.12.

Key valuation signals for ASNXF:

  • Altman Z-Score: 4.85 (26% below median its 10-year median of 6.58)
  • GF Value™: $15.12 vs. price of $12.13 (19.8% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 117.5% above the Homebuilding & Construction median (#13 of 89)

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


ASANTE Business Description

Other Exchanges 6073:Japan
Address No. 33, No. 15, Shinjuku-ku, Shinjuku 1-chome, Tokyo, JPN
ASANTE Inc is engaged in house amenities business. Its business segments include - House Amenities segment and Total Sanitation segment. The House Amenities segment is involved in the construction of termite control works to protect wood from termite and moisture, strengthening its business by house reinforcement and house repair works. The Total Sanitation segment provides vermin control and removal services to office buildings and restaurants.
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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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