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 3.3 is strong.
Japan Medical Dynamic Marketing has a Altman Z-Score of 3.31, 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 Japan Medical Dynamic Marketing's Altman Z-Score or its related term are showing as below:
FRA:JMD'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.75 Med: 4.23 Max: 7.82
Current: 3.3
During the past 13 years, Japan Medical Dynamic Marketing's highest Altman Z-Score was 7.82. The lowest was 2.75. And the median was 4.23.
Japan Medical Dynamic Marketing (FRA:JMD) 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.
* 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.
Japan Medical Dynamic Marketing Altman Z-Score Chart
FRA:JMD vs ABT, SYK, MDT: Altman Z-Score Comparison
For the Medical Devices subindustry, Japan Medical Dynamic Marketing'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.
Japan Medical Dynamic Marketing Altman Z-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Japan Medical Dynamic Marketing's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Japan Medical Dynamic Marketing's Altman Z-Score falls into.
Japan Medical Dynamic Marketing 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.
* 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.
Japan Medical Dynamic Marketing (FRA:JMD) has a Altman Z-Score of 3.31 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Japan Medical Dynamic Marketing and its competitors. This is 22% below median its historical median of 4.23. Over the past decade, Japan Medical Dynamic Marketing's Altman Z-Score has ranged from 2.75 to 7.82. According to the industry distribution chart, Japan Medical Dynamic Marketing ranks #369 out of 808 companies in the Medical Devices & Instruments industry, placing it in the top 45.7%.
Is Japan Medical Dynamic Marketing's Altman Z-Score too high?
Japan Medical Dynamic Marketing's current Altman Z-Score of 3.31 is 22% below median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 7.82. The Medical Devices & Instruments industry median Altman Z-Score is 2.89. Japan Medical Dynamic Marketing's value of 3.31 is 14.7% above this industry median. Based on the distribution chart, Japan Medical Dynamic Marketing ranks #369 out of 808 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Japan Medical Dynamic Marketing has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Japan Medical Dynamic Marketing's Altman Z-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Japan Medical Dynamic Marketing ranks #369 out of 808 companies for Altman Z-Score. This puts Japan Medical Dynamic Marketing in the upper half of its industry. The industry median Altman Z-Score is 2.89. Japan Medical Dynamic Marketing's value of 3.31 is 14.7% above this benchmark. Historically, Japan Medical Dynamic Marketing's own Altman Z-Score has ranged from 2.75 to 7.82 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 2.89, Japan Medical Dynamic Marketing 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 Medical Devices & Instruments company?
The median Altman Z-Score among Medical Devices & Instruments companies is 2.89, based on 808 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. Japan Medical Dynamic Marketing's current Altman Z-Score of 3.31 is 14.7% 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 Japan Medical Dynamic Marketing and its competitors. For the Medical Devices & Instruments industry, the median Altman Z-Score is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Medical Dynamic Marketing's current Altman Z-Score is 3.31, which is 22% below median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Medical Dynamic Marketing stock overvalued right now?
Japan Medical Dynamic Marketing (FRA:JMD) has a current Altman Z-Score of 3.31. The stock's GF Value™ is €3.37, compared to a current price of €4.68 — trading 38.9% above its estimated fair value. The current Altman Z-Score is 3.31, which is 22% below median its 10-year median of 4.23 and 14.7% above the Medical Devices & Instruments industry median of 2.89. Japan Medical Dynamic Marketing's overall GF Score™ is 77/100 with 12 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 Japan Medical Dynamic Marketing (FRA:JMD), the current Altman Z-Score is 3.31 as of Jul. 01, 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 Japan Medical Dynamic Marketing (FRA:JMD) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Medical Dynamic Marketing stock appears to be overvalued.
The current stock price of €4.68 is trading 38.9% above its estimated GF Value™ of €3.37.
Key valuation signals for FRA:JMD:
Altman Z-Score: 3.31 (22% below median its 10-year median of 4.23)
GF Value™: €3.37 vs. price of €4.68 (38.9% above fair value)
Industry Position: 14.7% above the Medical Devices & Instruments median (#369 of 808)
No single metric tells the full story. See the FRA:JMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Medical Dynamic Marketing Business Description
Japan Medical Dynamic Marketing Inc is a Japan-based medical equipment manufacturer. The company is engaged in the development and sale of advanced medical devices. Products offered by the company include trauma devices, joint prostheses, spinal fixation devices, and artificial bone fillers. It caters its products to medical professionals and major hospitals throughout Japan. The company is also engaged in the import and sale of medical devices.
77GF Score
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