Ibiden CoIBIDF 74 Altman Z-Score is 11.54 as of Jun. 24, 2026, which is 369% above its 10-year median of 2.46. GuruFocus rates IBIDF with a GF Score™ of 74/100 and a GF Value™ of $26.25 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,456 Hardware companies, Ibiden Co ranks better than 86.44% 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 12.54 is strong.
Ibiden Co has a Altman Z-Score of 11.54, 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 Ibiden Co's Altman Z-Score or its related term are showing as below:
IBIDF'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.69 Med: 2.46 Max: 12.54
Current: 12.54
During the past 13 years, Ibiden Co's highest Altman Z-Score was 12.54. The lowest was 1.69. And the median was 2.46.
Ibiden Co (OTCPK:IBIDF) 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.
Altman Z-Score does not apply to financial companies.
Ibiden Co Altman Z-Score Related Terms
Ibiden Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Ibiden Co'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.
For the Electronic Components subindustry, Ibiden Co'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.
Ibiden Co Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Ibiden Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Ibiden Co's Altman Z-Score falls into.
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.
Ibiden Co'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
*
0.2539
+
1.4
*
0.3546
+
3.3
*
0.0994
+
0.6
*
16.5936
+
1.0
*
0.4527
=
11.54
* 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.
Ibiden Co (IBIDF) has a Altman Z-Score of 11.54 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ibiden Co and its competitors. This is 369% above median its historical median of 2.46. Over the past decade, Ibiden Co's Altman Z-Score has ranged from 1.69 to 12.54. According to the industry distribution chart, Ibiden Co ranks #333 out of 2456 companies in the Hardware industry, placing it in the top 13.6%.
Is Ibiden Co's Altman Z-Score too high?
Ibiden Co's current Altman Z-Score of 11.54 is 369% above median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 12.54. The Hardware industry median Altman Z-Score is 3.71. Ibiden Co's value of 11.54 is 211.1% above this industry median. Based on the distribution chart, Ibiden Co ranks #333 out of 2456 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Ibiden Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ibiden Co's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Ibiden Co ranks #333 out of 2456 companies for Altman Z-Score. This places Ibiden Co in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.71. Ibiden Co's value of 11.54 is 211.1% above this benchmark. Historically, Ibiden Co's own Altman Z-Score has ranged from 1.69 to 12.54 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 3.71, Ibiden Co 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.71, based on 2,456 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. Ibiden Co's current Altman Z-Score of 11.54 is 211.1% 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 Ibiden Co and its competitors. For the Hardware industry, the median Altman Z-Score is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ibiden Co's current Altman Z-Score is 11.54, which is 369% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ibiden Co stock overvalued right now?
Based on GuruFocus' analysis, Ibiden Co (IBIDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.25, compared to a current price of $146.66 — trading 458.7% above its estimated fair value. The current Altman Z-Score is 11.54, which is 369% above median its 10-year median of 2.46 and 211.1% above the Hardware industry median of 3.71. Ibiden Co's overall GF Score™ is 74/100 with 6 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 Ibiden Co (IBIDF), the current Altman Z-Score is 11.54 as of Jun. 24, 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 Ibiden Co (IBIDF) Overvalued in 2026?
Based on GuruFocus' analysis, Ibiden Co stock appears to be overvalued.
The current stock price of $146.66 is trading 458.7% above its estimated GF Value™ of $26.25.
GuruFocus considers Ibiden Co to be Significantly Overvalued.
Key valuation signals for IBIDF:
Altman Z-Score: 11.54 (369% above median its 10-year median of 2.46)
GF Value™: $26.25 vs. price of $146.66 (458.7% above fair value)
Industry Position: 211.1% above the Hardware median (#333 of 2456)
No single metric tells the full story. See the IBIDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ibiden Co Ltd is a provider of electronic and ceramic products. The company operates through three segments: Ceramic, Electron, and other. The Ceramic segment provides environment-related ceramics products, graphite and specialty products, ceramic fibre, and fine ceramics products. The Electron segment offers package substrates in computers, information technology infrastructure, mobile device wiring boards, mobile devices, and home appliances. The other segment includes the processing of agriculture, livestock, and fisheries, the sale of oil products, and synthetic resin production. It generates the majority of its revenue from the Electronic segment.
74GF Score
Get the complete analysis for IBIDF
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IBIDF has been successfully added to your 
