ITO ENITONF 74 Altman Z-Score is 3.73 as of Jun. 29, 2026, which is 23% below its 10-year median of 4.82. GuruFocus rates ITONF with a GF Score™ of 74/100 and a GF Value™ of $88.43. The stock has 1 warning sign investors should review. Among 112 Beverages - Non-Alcoholic companies, ITO EN ranks better than 54.46% 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 3.65 is strong.
ITO EN has a Altman Z-Score of 3.73, 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 ITO EN's Altman Z-Score or its related term are showing as below:
ITONF'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.65 Med: 4.82 Max: 6.24
Current: 3.65
During the past 13 years, ITO EN's highest Altman Z-Score was 6.24. The lowest was 3.65. And the median was 4.82.
ITO EN (OTCPK:ITONF) 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.
ITO EN Altman Z-Score Related Terms
ITO EN Altman Z-Score Historical Data
* Premium members only.
The historical data trend for ITO EN'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 Beverages - Non-Alcoholic subindustry, ITO EN'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.
ITO EN Altman Z-Score vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, ITO EN's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where ITO EN'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.
ITO EN'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
*
0.4239
+
1.4
*
0.4319
+
3.3
*
0.0249
+
0.6
*
1.7135
+
1.0
*
1.5041
=
3.73
* 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.
ITO EN (ITONF) has a Altman Z-Score of 3.73 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on ITO EN and its competitors. This is 23% below median its historical median of 4.82. Over the past decade, ITO EN's Altman Z-Score has ranged from 3.65 to 6.24. According to the industry distribution chart, ITO EN ranks #51 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 45.5%.
Is ITO EN's Altman Z-Score too high?
ITO EN's current Altman Z-Score of 3.73 is 23% below median its 10-year median of 4.82. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 6.24. The Beverages - Non-Alcoholic industry median Altman Z-Score is 3.37. ITO EN's value of 3.73 is 10.8% above this industry median. Based on the distribution chart, ITO EN ranks #51 out of 112 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, ITO EN has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does ITO EN's Altman Z-Score compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, ITO EN ranks #51 out of 112 companies for Altman Z-Score. This puts ITO EN in the upper half of its industry. The industry median Altman Z-Score is 3.37. ITO EN's value of 3.73 is 10.8% above this benchmark. Historically, ITO EN's own Altman Z-Score has ranged from 3.65 to 6.24 over the past decade. While the company's 10-year median is 4.82 vs. the industry median of 3.37, ITO EN 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 Beverages - Non-Alcoholic company?
The median Altman Z-Score among Beverages - Non-Alcoholic companies is 3.37, based on 112 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. ITO EN's current Altman Z-Score of 3.73 is 10.8% 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 ITO EN and its competitors. For the Beverages - Non-Alcoholic industry, the median Altman Z-Score is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITO EN's current Altman Z-Score is 3.73, which is 23% below median its own 10-year median of 4.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITO EN stock overvalued right now?
ITO EN (ITONF) has a current Altman Z-Score of 3.73. The stock's GF Value™ is $88.43, compared to a current price of $61.41 — trading 30.6% below its estimated fair value. The current Altman Z-Score is 3.73, which is 23% below median its 10-year median of 4.82 and 10.8% above the Beverages - Non-Alcoholic industry median of 3.37. ITO EN's overall GF Score™ is 74/100 with 1 warning sign 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 ITO EN (ITONF), the current Altman Z-Score is 3.73 as of Jun. 29, 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 ITO EN (ITONF) Overvalued in 2026?
Based on GuruFocus' analysis, ITO EN stock appears to be undervalued.
The current stock price of $61.41 is trading 30.6% below its estimated GF Value™ of $88.43.
Key valuation signals for ITONF:
Altman Z-Score: 3.73 (23% below median its 10-year median of 4.82)
GF Value™: $88.43 vs. price of $61.41 (30.6% below fair value)
Industry Position: 10.8% above the Beverages - Non-Alcoholic median (#51 of 112)
No single metric tells the full story. See the ITONF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITO EN Ltd makes beverages and other tea and nutritional products that it sells in Japan. Ito En primarily sells green tea products, including ready-to-drink beverages, tea bags, and other tea leaf products, under its Oi Ocha brand. Other beverages the company sells include black tea, Chinese tea, coffee, vegetable beverages, fruit beverages, mineral water, and functional beverages. The Leaf- and Drink-Related business segment makes up roughly 90% of the company's total revenue. Most remaining revenue is generated from Ito En's restaurant business, which operates hundreds of Tully's coffee shops in Japan.
74GF Score
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