KYKOF (Kyowa Kirin Co) Altman Z-Score: 6.22 (As of Jun. 26, 2026) — 12% Below Median


KYKOF Kyowa Kirin Co Ltd KYKOF
82 GF Score
Price $14.43
GF Value $17.92
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Kyowa Kirin Co Altman Z-Score?

Kyowa Kirin Co KYKOF 82 Altman Z-Score is 6.22 as of Jun. 26, 2026, which is 12% below its 10-year median of 7.07. GuruFocus rates KYKOF with a GF Score™ of 82/100 and a GF Value™ of $17.92 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 952 Drug Manufacturers companies, Kyowa Kirin Co ranks better than 69.64% 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 5.24 is strong.

Kyowa Kirin Co has a Altman Z-Score of 6.22, 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 Kyowa Kirin Co's Altman Z-Score or its related term are showing as below:

KYKOF' s Altman Z-Score Range Over the Past 10 Years
Min: 5.06   Med: 7.07   Max: 10.37
Current: 5.24

During the past 13 years, Kyowa Kirin Co's highest Altman Z-Score was 10.37. The lowest was 5.06. And the median was 7.07.


Kyowa Kirin Co  (OTCPK:KYKOF) 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.


Kyowa Kirin Co Altman Z-Score Related Terms


Kyowa Kirin Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kyowa Kirin 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.

Kyowa Kirin Co Altman Z-Score Chart

Kyowa Kirin Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.99 7.14 5.80 5.06 5.27

Kyowa Kirin Co 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 5.24 4.96 4.60 5.27 0.00

KYKOF vs ZTS: Altman Z-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Kyowa Kirin 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.


Kyowa Kirin Co Altman Z-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kyowa Kirin Co's Altman Z-Score distribution charts can be found below:

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


KYKOF
82GF Score
Kyowa Kirin Co Ltd KYKOF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kyowa Kirin Co 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.

Kyowa Kirin 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*0.2954+1.4*0.3763+3.3*0.0968+0.6*7.5349+1.0*0.5006
=6.22

* 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 Dec. 2025:
Total Assets was $6,725 Mil.
Total Current Assets was $2,898 Mil.
Total Current Liabilities was $912 Mil.
Retained Earnings was $2,531 Mil.
Pre-Tax Income was 87.754 + 252.041 + 175.48 + 97.707 = $613 Mil.
Interest Expense was -14.305 + -2.79 + -3.578 + -17.573 = $-38 Mil.
Revenue was 746.565 + 945.227 + 803.427 + 871.58 = $3,367 Mil.
Market Cap (Today) was $8,282 Mil.
Total Liabilities was $1,099 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
=(2898.092 - 911.53)/6725.125
=0.2954

X2=Retained Earnings/Total Assets
=2530.856/6725.125
=0.3763

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(612.982 - -38.246)/6725.125
=0.0968

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=8282.170/1099.175
=7.5349

X5=Revenue/Total Assets
=3366.799/6725.125
=0.5006

The zones of discrimination were as such:

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

Kyowa Kirin Co has a Altman Z-Score of 6.22 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 6.22 mean?
Kyowa Kirin Co (KYKOF) has a Altman Z-Score of 6.22 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kyowa Kirin Co and its competitors. This is 12% below median its historical median of 7.07. Over the past decade, Kyowa Kirin Co's Altman Z-Score has ranged from 5.06 to 10.37. According to the industry distribution chart, Kyowa Kirin Co ranks #289 out of 952 companies in the Drug Manufacturers industry, placing it in the top 30.4%.
Is Kyowa Kirin Co's Altman Z-Score too high?
Kyowa Kirin Co's current Altman Z-Score of 6.22 is 12% below median its 10-year median of 7.07. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 10.37. The Drug Manufacturers industry median Altman Z-Score is 3.30. Kyowa Kirin Co's value of 6.22 is 88.8% above this industry median. Based on the distribution chart, Kyowa Kirin Co ranks #289 out of 952 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Kyowa Kirin Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyowa Kirin Co's Altman Z-Score compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Kyowa Kirin Co ranks #289 out of 952 companies for Altman Z-Score. This puts Kyowa Kirin Co in the upper half of its industry. The industry median Altman Z-Score is 3.30. Kyowa Kirin Co's value of 6.22 is 88.8% above this benchmark. Historically, Kyowa Kirin Co's own Altman Z-Score has ranged from 5.06 to 10.37 over the past decade. While the company's 10-year median is 7.07 vs. the industry median of 3.30, Kyowa Kirin 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.30, based on 952 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. Kyowa Kirin Co's current Altman Z-Score of 6.22 is 88.8% 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 Kyowa Kirin Co and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowa Kirin Co's current Altman Z-Score is 6.22, which is 12% below median its own 10-year median of 7.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowa Kirin Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowa Kirin Co (KYKOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.92, compared to a current price of $14.43 — trading 19.5% below its estimated fair value. The current Altman Z-Score is 6.22, which is 12% below median its 10-year median of 7.07 and 88.8% above the Drug Manufacturers industry median of 3.30. Kyowa Kirin Co's overall GF Score™ is 82/100 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 Kyowa Kirin Co (KYKOF), the current Altman Z-Score is 6.22 as of Jun. 26, 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 Kyowa Kirin Co (KYKOF) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowa Kirin Co stock appears to be undervalued. The current stock price of $14.43 is trading 19.5% below its estimated GF Value™ of $17.92. GuruFocus considers Kyowa Kirin Co to be Modestly Undervalued.

Key valuation signals for KYKOF:

  • Altman Z-Score: 6.22 (12% below median its 10-year median of 7.07)
  • GF Value™: $17.92 vs. price of $14.43 (19.5% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 88.8% above the Drug Manufacturers median (#289 of 952)

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


Kyowa Kirin Co Business Description

Address 1-9-2 Otemachi, Chiyoda-ku, Chiyoda-ku, Tokyo, JPN, 100-0004
Kyowa Kirin Co Ltd is engaged in research, development, manufacturing, sales, import and export of prescription pharmaceuticals. Its products include KHK4083/AMG 451, rocatinlimab; ziftomenib; OTL-203 KK8398, infigratinib; KHK4951, tivozanib; OTL-201; KK4277; KK2260; KK2269; KK2845; and KK8123.
82GF Score

Get the complete analysis for KYKOF

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

$14.43
Price
$17.92
GF Value