Kitz (KITZF) Altman Z-Score: 4.28 (As of Jun. 29, 2026) — 36% Above Median


KITZF Kitz Corp KITZF
82 GF Score
Price $5.60
GF Value $2.90
! 6 Warning Signs
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What is Kitz Altman Z-Score?

Kitz KITZF 82 Altman Z-Score is 4.28 as of Jun. 29, 2026, which is 36% above its 10-year median of 3.14. GuruFocus rates KITZF with a GF Score™ of 82/100 and a GF Value™ of $2.90. The stock has 6 warning signs investors should review. Among 3,005 Industrial Products companies, Kitz ranks better than 60.87% 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 4.26 is strong.

Kitz has a Altman Z-Score of 4.28, 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 Kitz's Altman Z-Score or its related term are showing as below:

KITZF' s Altman Z-Score Range Over the Past 10 Years
Min: 2.42   Med: 3.14   Max: 4.26
Current: 4.26

During the past 13 years, Kitz's highest Altman Z-Score was 4.26. The lowest was 2.42. And the median was 3.14.


Kitz  (OTCPK:KITZF) 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.


Kitz Altman Z-Score Related Terms


Kitz Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kitz'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.

Kitz Altman Z-Score Chart

Kitz Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 3.08 3.42 3.33 3.80

Kitz 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 3.49 3.50 3.88 3.80 3.67

KITZF vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Kitz'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.


Kitz Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kitz's Altman Z-Score distribution charts can be found below:

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


KITZF
82GF Score
Kitz Corp KITZF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kitz 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.

Kitz'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*0.4363+1.4*0.4099+3.3*0.0982+0.6*3.1128+1.0*0.9919
=4.28

* 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 $1,207 Mil.
Total Current Assets was $735 Mil.
Total Current Liabilities was $208 Mil.
Retained Earnings was $495 Mil.
Pre-Tax Income was 34.295 + 24.032 + 27.397 + 30.266 = $116 Mil.
Interest Expense was -0.674 + -0.693 + -0.636 + -0.512 = $-3 Mil.
Revenue was 293.825 + 294.173 + 300.522 + 308.963 = $1,197 Mil.
Market Cap (Today) was $1,371 Mil.
Total Liabilities was $441 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
=(735.115 - 208.441)/1207.246
=0.4363

X2=Retained Earnings/Total Assets
=494.906/1207.246
=0.4099

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(115.99 - -2.515)/1207.246
=0.0982

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1371.448/440.584
=3.1128

X5=Revenue/Total Assets
=1197.483/1207.246
=0.9919

The zones of discrimination were as such:

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

Kitz has a Altman Z-Score of 4.28 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 4.28 mean?
Kitz (KITZF) has a Altman Z-Score of 4.28 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kitz and its competitors. This is 36% above median its historical median of 3.14. Over the past decade, Kitz's Altman Z-Score has ranged from 2.42 to 4.26. According to the industry distribution chart, Kitz ranks #1176 out of 3005 companies in the Industrial Products industry, placing it in the top 39.1%.
Is Kitz's Altman Z-Score too high?
Kitz's current Altman Z-Score of 4.28 is 36% above median its 10-year median of 3.14. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 4.26. The Industrial Products industry median Altman Z-Score is 3.33. Kitz's value of 4.28 is 28.5% above this industry median. Based on the distribution chart, Kitz ranks #1176 out of 3005 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kitz has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Kitz's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kitz ranks #1176 out of 3005 companies for Altman Z-Score. This puts Kitz in the upper half of its industry. The industry median Altman Z-Score is 3.33. Kitz's value of 4.28 is 28.5% above this benchmark. Historically, Kitz's own Altman Z-Score has ranged from 2.42 to 4.26 over the past decade. While the company's 10-year median is 3.14 vs. the industry median of 3.33, Kitz 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.33, based on 3,005 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. Kitz's current Altman Z-Score of 4.28 is 28.5% 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 Kitz and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitz's current Altman Z-Score is 4.28, which is 36% above median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitz stock overvalued right now?
Kitz (KITZF) has a current Altman Z-Score of 4.28. The stock's GF Value™ is $2.90, compared to a current price of $5.60 — trading 93.1% above its estimated fair value. The current Altman Z-Score is 4.28, which is 36% above median its 10-year median of 3.14 and 28.5% above the Industrial Products industry median of 3.33. Kitz's overall GF Score™ is 82/100 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 Kitz (KITZF), the current Altman Z-Score is 4.28 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 Kitz (KITZF) Overvalued in 2026?

Based on GuruFocus' analysis, Kitz stock appears to be overvalued. The current stock price of $5.60 is trading 93.1% above its estimated GF Value™ of $2.90.

Key valuation signals for KITZF:

  • Altman Z-Score: 4.28 (36% above median its 10-year median of 3.14)
  • GF Value™: $2.90 vs. price of $5.60 (93.1% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 28.5% above the Industrial Products median (#1176 of 3005)

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


Kitz Business Description

Other Exchanges 6498:Japan
Address 1-9-1 Higashi-Shinbashi, Tokyo Shiodome Building, Minato-ku, Chiba, JPN, 105-7305
Kitz Corp is a Japan-based company that operates through segments namely valve manufacturing business in which the company manufactures and sells valves, fittings, water purifiers, and industrial filters and the Copper products business involves manufacturing and selling of brass rods for machined or forged products. The company's products consist of brass, cast iron, ductile iron, strainer, bronze, and others. It generates a majority of its revenue from the Valve manufacturing business. Geographically, the company operates in Japan, America, Europe, China and Asian markets.
82GF Score

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

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