MEKTF (Mie Kotsu Group Holdings) Altman Z-Score: 1.30 (As of Jul. 22, 2026) — 11% Above Median

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MEKTF Mie Kotsu Group Holdings Inc MEKTF
79 GF Score
Price $3.80
! 2 Warning Signs
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What is Mie Kotsu Group Holdings Altman Z-Score?

Mie Kotsu Group Holdings MEKTF 79 Altman Z-Score is 1.30 as of Jul. 22, 2026, which is 11% above its 10-year median of 1.17. GuruFocus rates MEKTF with a GF Score™ of 79/100. The stock has 2 warning signs investors should review. Among 548 Conglomerates companies, Mie Kotsu Group Holdings ranks worse than 71.53% 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.

Warning Sign:

Altman Z-score of 1.26 is in distress zone. This implies bankruptcy possibility in the next two years.

Mie Kotsu Group Holdings has a Altman Z-Score of 1.30, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Mie Kotsu Group Holdings's Altman Z-Score or its related term are showing as below:

MEKTF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.91   Med: 1.17   Max: 1.27
Current: 1.26

During the past 13 years, Mie Kotsu Group Holdings's highest Altman Z-Score was 1.27. The lowest was 0.91. And the median was 1.17.


Mie Kotsu Group Holdings  (OTCPK:MEKTF) 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.


Mie Kotsu Group Holdings Altman Z-Score Related Terms


Mie Kotsu Group Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mie Kotsu Group Holdings'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.

Mie Kotsu Group Holdings Altman Z-Score Chart

Mie Kotsu Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.17 1.17 1.22 1.27

Mie Kotsu Group Holdings 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 1.22 1.19 1.29 1.26 1.27

MEKTF vs HON, MMM: Altman Z-Score Comparison

For the Conglomerates subindustry, Mie Kotsu Group 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.


Mie Kotsu Group Holdings Altman Z-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Mie Kotsu Group Holdings's Altman Z-Score falls into.


MEKTF
79GF Score
Mie Kotsu Group Holdings Inc MEKTF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mie Kotsu Group 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.

Mie Kotsu Group Holdings'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*-0.0556+1.4*0.231+3.3*0.0526+0.6*0.4463+1.0*0.6004
=1.30

* 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 $1,206.88 Mil.
Total Current Assets was $320.23 Mil.
Total Current Liabilities was $387.31 Mil.
Retained Earnings was $278.82 Mil.
Pre-Tax Income was 5.24 + 18.054 + 16.806 + 18.913 = $59.01 Mil.
Interest Expense was -1.272 + -1.172 + -1.136 + -0.94 = $-4.52 Mil.
Revenue was 210.522 + 172.715 + 177.656 + 163.737 = $724.63 Mil.
Market Cap (Today) was $340.24 Mil.
Total Liabilities was $762.38 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
=(320.225 - 387.308)/1206.883
=-0.0556

X2=Retained Earnings/Total Assets
=278.821/1206.883
=0.231

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(59.013 - -4.52)/1206.883
=0.0526

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=340.243/762.375
=0.4463

X5=Revenue/Total Assets
=724.63/1206.883
=0.6004

The zones of discrimination were as such:

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

Mie Kotsu Group Holdings has a Altman Z-Score of 1.30 indicating it is in Distress 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 1.30 mean?
Mie Kotsu Group Holdings (MEKTF) has a Altman Z-Score of 1.30 as of Jul. 22, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mie Kotsu Group Holdings and its competitors. This is 11% above median its historical median of 1.17. Over the past decade, Mie Kotsu Group Holdings' Altman Z-Score has ranged from 0.91 to 1.27. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #392 out of 548 companies in the Conglomerates industry, placing it in the top 71.5%.
Is Mie Kotsu Group Holdings' Altman Z-Score too high?
Mie Kotsu Group Holdings' current Altman Z-Score of 1.30 is 11% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 1.27. The Conglomerates industry median Altman Z-Score is 2.08. Mie Kotsu Group Holdings' value of 1.30 is 37.5% below this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #392 out of 548 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Mie Kotsu Group Holdings has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Altman Z-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #392 out of 548 companies for Altman Z-Score. This places Mie Kotsu Group Holdings in the lower half of its industry. The industry median Altman Z-Score is 2.08. Mie Kotsu Group Holdings' value of 1.30 is 37.5% below this benchmark. Historically, Mie Kotsu Group Holdings' own Altman Z-Score has ranged from 0.91 to 1.27 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 2.08, Mie Kotsu Group Holdings has consistently been below 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 Conglomerates company?
The median Altman Z-Score among Conglomerates companies is 2.08, based on 548 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. Mie Kotsu Group Holdings's current Altman Z-Score of 1.30 is 37.5% below 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median Altman Z-Score is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current Altman Z-Score is 1.30, which is 11% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Mie Kotsu Group Holdings (MEKTF) has a current Altman Z-Score of 1.30. The current Altman Z-Score is 1.30, which is 11% above median its 10-year median of 1.17 and 37.5% below the Conglomerates industry median of 2.08. Mie Kotsu Group Holdings' overall GF Score™ is 79/100 with 2 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 Mie Kotsu Group Holdings (MEKTF), the current Altman Z-Score is 1.30 as of Jul. 22, 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.

Mie Kotsu Group Holdings Business Description

Other Exchanges 3232:Japan
Address No. 1, No. 1 Tsu City, Mie, JPN
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
79GF Score

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