Disco (DSCSY) Altman Z-Score: 37.63 (As of Jun. 25, 2026) — 208% Above Median


DSCSY Disco Corp DSCSY
95 GF Score
Price $52.09
GF Value $36.14
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Disco Altman Z-Score?

Disco DSCSY +5.99% 95 Altman Z-Score is 37.63 as of Jun. 25, 2026, which is 208% above its 10-year median of 12.20. GuruFocus rates DSCSY with a GF Score™ of 95/100 and a GF Value™ of $36.14 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,015 Semiconductors companies, Disco ranks better than 90.84% 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 38.52 is strong.

Disco has a Altman Z-Score of 37.63, 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 Disco's Altman Z-Score or its related term are showing as below:

DSCSY' s Altman Z-Score Range Over the Past 10 Years
Min: 9.35   Med: 12.2   Max: 38.52
Current: 38.52

During the past 13 years, Disco's highest Altman Z-Score was 38.52. The lowest was 9.35. And the median was 12.20.


Disco  (OTCPK:DSCSY) 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.


Disco Altman Z-Score Related Terms


Disco Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Disco'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.

Disco Altman Z-Score Chart

Disco 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 9.35 10.98 27.46 14.91 28.60

Disco 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 14.91 23.51 25.65 26.14 28.60

DSCSY vs LRCX, AMAT, KLAC: Altman Z-Score Comparison

For the Semiconductor Equipment & Materials subindustry, Disco'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.


Disco Altman Z-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Disco's Altman Z-Score distribution charts can be found below:

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


DSCSY
95GF Score
Disco Corp DSCSY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Disco 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.

Disco'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*0.4575+1.4*0.7021+3.3*0.2572+0.6*57.7314+1.0*0.6125
=37.63

* 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 $4,685 Mil.
Total Current Assets was $3,117 Mil.
Total Current Liabilities was $973 Mil.
Retained Earnings was $3,289 Mil.
Pre-Tax Income was 368.27 + 300.176 + 303.788 + 232.912 = $1,205 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0 Mil.
Revenue was 838.535 + 700.965 + 707.568 + 622.313 = $2,869 Mil.
Market Cap (Today) was $56,496 Mil.
Total Liabilities was $979 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
=(3116.735 - 973.376)/4684.884
=0.4575

X2=Retained Earnings/Total Assets
=3289.105/4684.884
=0.7021

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1205.146 - 0)/4684.884
=0.2572

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=56495.555/978.594
=57.7314

X5=Revenue/Total Assets
=2869.381/4684.884
=0.6125

The zones of discrimination were as such:

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

Disco has a Altman Z-Score of 37.63 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 37.63 mean?
Disco (DSCSY) has a Altman Z-Score of 37.63 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Disco and its competitors. This is 208% above median its historical median of 12.20. Over the past decade, Disco's Altman Z-Score has ranged from 9.35 to 38.52. According to the industry distribution chart, Disco ranks #93 out of 1015 companies in the Semiconductors industry, placing it in the top 9.2%.
Is Disco's Altman Z-Score too high?
Disco's current Altman Z-Score of 37.63 is 208% above median its 10-year median of 12.20. Over the past 10 years, this metric has ranged from a low of 9.35 to a high of 38.52. The Semiconductors industry median Altman Z-Score is 5.52. Disco's value of 37.63 is 581.7% above this industry median. Based on the distribution chart, Disco ranks #93 out of 1015 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Disco has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Disco's Altman Z-Score compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Disco ranks #93 out of 1015 companies for Altman Z-Score. This places Disco in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 5.52. Disco's value of 37.63 is 581.7% above this benchmark. Historically, Disco's own Altman Z-Score has ranged from 9.35 to 38.52 over the past decade. While the company's 10-year median is 12.20 vs. the industry median of 5.52, Disco 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.52, based on 1,015 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. Disco's current Altman Z-Score of 37.63 is 581.7% 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 Disco and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Disco's current Altman Z-Score is 37.63, which is 208% above median its own 10-year median of 12.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Disco stock overvalued right now?
Based on GuruFocus' analysis, Disco (DSCSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $36.14, compared to a current price of $52.09 — trading 44.1% above its estimated fair value. The current Altman Z-Score is 37.63, which is 208% above median its 10-year median of 12.20 and 581.7% above the Semiconductors industry median of 5.52. Disco's overall GF Score™ is 95/100 with 5 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 Disco (DSCSY), the current Altman Z-Score is 37.63 as of Jun. 25, 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 Disco (DSCSY) Overvalued in 2026?

Based on GuruFocus' analysis, Disco stock appears to be overvalued. The current stock price of $52.09 is trading 44.1% above its estimated GF Value™ of $36.14. GuruFocus considers Disco to be Significantly Overvalued.

Key valuation signals for DSCSY:

  • Altman Z-Score: 37.63 (208% above median its 10-year median of 12.20)
  • GF Value™: $36.14 vs. price of $52.09 (44.1% above fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 581.7% above the Semiconductors median (#93 of 1015)

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


Disco Business Description

Address 2-13-11 Omorikita, Ota-ku, Tokyo, JPN, 143-8580
Disco is a Japan-based semiconductor production equipment manufacturer. Founded in 1937, the company manufactures diamond, water, and laser saws, as well as grinders and polishers, used mainly in back-end processes of semiconductor manufacturing, which involves treating processed silicon during the front-end process by thinning and dicing the wafers into bare dies for packaging.It is the world's largest manufacturer of semiconductor-grade saws and grinders, with an estimated 60%-70% market share in the semiconductor dicing and grinding industry as of 2025. The company operates three main factories, all located in Hiroshima and Nagano, Japan.
95GF Score

Get the complete analysis for DSCSY

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

$52.09
Price
$36.14
GF Value