Nippon Television HoldingsFRA:NP9 +1.39%74 Altman Z-Score is 3.33 as of Jun. 30, 2026, which is 10% above its 10-year median of 3.03. GuruFocus rates FRA:NP9 with a GF Score™ of 74/100 and a GF Value™ of €14.87 (Fairly Valued). Among 1,014 Media - Diversified companies, Nippon Television Holdings ranks better than 72.29% 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 3.31 is strong.
Nippon Television Holdings has a Altman Z-Score of 3.33, 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 Nippon Television Holdings's Altman Z-Score or its related term are showing as below:
FRA:NP9'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.58 Med: 3.03 Max: 3.58
Current: 3.31
During the past 13 years, Nippon Television Holdings's highest Altman Z-Score was 3.58. The lowest was 2.58. And the median was 3.03.
Nippon Television Holdings (FRA:NP9) 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.
For the Broadcasting subindustry, Nippon Television Holdings'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.
Nippon Television Holdings Altman Z-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nippon Television Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Nippon Television Holdings's Altman Z-Score falls into.
Nippon Television Holdings 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.
Nippon Television Holdings (FRA:NP9) has a Altman Z-Score of 3.33 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nippon Television Holdings and its competitors. This is 10% above median its historical median of 3.03. Over the past decade, Nippon Television Holdings' Altman Z-Score has ranged from 2.58 to 3.58. According to the industry distribution chart, Nippon Television Holdings ranks #281 out of 1014 companies in the Media - Diversified industry, placing it in the top 27.7%.
Is Nippon Television Holdings' Altman Z-Score too high?
Nippon Television Holdings' current Altman Z-Score of 3.33 is 10% above median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 3.58. The Media - Diversified industry median Altman Z-Score is 1.95. Nippon Television Holdings' value of 3.33 is 70.8% above this industry median. Based on the distribution chart, Nippon Television Holdings ranks #281 out of 1014 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Nippon Television Holdings has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Television Holdings' Altman Z-Score compare to NXST?
According to the Media - Diversified industry distribution chart, Nippon Television Holdings ranks #281 out of 1014 companies for Altman Z-Score. This puts Nippon Television Holdings in the upper half of its industry. The industry median Altman Z-Score is 1.95. Nippon Television Holdings' value of 3.33 is 70.8% above this benchmark. Historically, Nippon Television Holdings' own Altman Z-Score has ranged from 2.58 to 3.58 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 1.95, Nippon Television Holdings 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.95, based on 1,014 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. Nippon Television Holdings's current Altman Z-Score of 3.33 is 70.8% 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 Nippon Television Holdings and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Television Holdings's current Altman Z-Score is 3.33, which is 10% above median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Television Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nippon Television Holdings (FRA:NP9) is currently considered Fairly Valued. The stock's GF Value™ is €14.87, compared to a current price of €14.60 — trading 1.8% below its estimated fair value. The current Altman Z-Score is 3.33, which is 10% above median its 10-year median of 3.03 and 70.8% above the Media - Diversified industry median of 1.95. Nippon Television Holdings' overall GF Score™ is 74/100. 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 Nippon Television Holdings (FRA:NP9), the current Altman Z-Score is 3.33 as of Jun. 30, 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 Television Holdings (FRA:NP9) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Television Holdings stock appears to be undervalued.
The current stock price of €14.60 is trading 1.8% below its estimated GF Value™ of €14.87.
GuruFocus considers Nippon Television Holdings to be Fairly Valued.
Key valuation signals for FRA:NP9:
Altman Z-Score: 3.33 (10% above median its 10-year median of 3.03)
GF Value™: €14.87 vs. price of €14.60 (1.8% below fair value)
Industry Position: 70.8% above the Media - Diversified median (#281 of 1014)
No single metric tells the full story. See the FRA:NP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Television Holdings Inc is a broadcasting and television company. It is engaged in media, content, life and health-related, and real estate businesses. The company operates through three reportable segments: the Media and Content Business, which handles television advertising, video distribution, pay-TV, retail, and film production; the Life and Health Related Business, which operates comprehensive sports clubs; and the Real Estate Related Business, which manages real estate rental, building operations, and solar power generation. It generates the majority of its revenue from the Media and Content Business segment.
74GF Score
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