MILGF (Mitsubishi Logistics) Altman Z-Score: 2.77 (As of Jun. 26, 2026) — 31% Above Median


MILGF Mitsubishi Logistics Corp MILGF
83 GF Score
Price $8.63
GF Value $6.83
! 9 Warning Signs
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What is Mitsubishi Logistics Altman Z-Score?

Mitsubishi Logistics MILGF 83 Altman Z-Score is 2.77 as of Jun. 26, 2026, which is 31% above its 10-year median of 2.12. GuruFocus rates MILGF with a GF Score™ of 83/100 and a GF Value™ of $6.83. The stock has 9 warning signs investors should review. Among 1,000 Transportation companies, Mitsubishi Logistics ranks better than 60.2% 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 2.75 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Mitsubishi Logistics has a Altman Z-Score of 2.77, indicating it is in Grey Zones. This implies that Mitsubishi Logistics is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Mitsubishi Logistics's Altman Z-Score or its related term are showing as below:

MILGF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.92   Med: 2.12   Max: 2.75
Current: 2.75

During the past 13 years, Mitsubishi Logistics's highest Altman Z-Score was 2.75. The lowest was 1.92. And the median was 2.12.


Mitsubishi Logistics  (OTCPK:MILGF) 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.


Mitsubishi Logistics Altman Z-Score Related Terms


Mitsubishi Logistics Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mitsubishi Logistics'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.

Mitsubishi Logistics Altman Z-Score Chart

Mitsubishi Logistics 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 1.97 2.12 2.02 2.25 2.62

Mitsubishi Logistics 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 2.25 2.60 2.64 2.53 2.62

MILGF vs FDX, UPS, JBHT: Altman Z-Score Comparison

For the Integrated Freight & Logistics subindustry, Mitsubishi Logistics'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.


Mitsubishi Logistics Altman Z-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Mitsubishi Logistics's Altman Z-Score distribution charts can be found below:

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


MILGF
83GF Score
Mitsubishi Logistics Corp MILGF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Logistics 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.

Mitsubishi Logistics'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*0.0526+1.4*0.459+3.3*0.1337+0.6*1.9593+1.0*0.4476
=2.77

* 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 $4,032 Mil.
Total Current Assets was $882 Mil.
Total Current Liabilities was $670 Mil.
Retained Earnings was $1,850 Mil.
Pre-Tax Income was 129.479 + 86.727 + 139.271 + 175.868 = $531 Mil.
Interest Expense was -1.544 + -2.194 + -1.907 + -1.973 = $-8 Mil.
Revenue was 430.778 + 442.376 + 456.869 + 474.511 = $1,805 Mil.
Market Cap (Today) was $3,152 Mil.
Total Liabilities was $1,609 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
=(881.867 - 669.651)/4031.857
=0.0526

X2=Retained Earnings/Total Assets
=1850.492/4031.857
=0.459

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(531.345 - -7.618)/4031.857
=0.1337

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3151.976/1608.688
=1.9593

X5=Revenue/Total Assets
=1804.534/4031.857
=0.4476

The zones of discrimination were as such:

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

Mitsubishi Logistics has a Altman Z-Score of 2.77 indicating it is in Grey 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 2.77 mean?
Mitsubishi Logistics (MILGF) has a Altman Z-Score of 2.77 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mitsubishi Logistics and its competitors. This is 31% above median its historical median of 2.12. Over the past decade, Mitsubishi Logistics' Altman Z-Score has ranged from 1.92 to 2.75. According to the industry distribution chart, Mitsubishi Logistics ranks #398 out of 1000 companies in the Transportation industry, placing it in the top 39.8%.
Is Mitsubishi Logistics' Altman Z-Score too high?
Mitsubishi Logistics' current Altman Z-Score of 2.77 is 31% above median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 2.75. The Transportation industry median Altman Z-Score is 2.28. Mitsubishi Logistics' value of 2.77 is 21.5% above this industry median. Based on the distribution chart, Mitsubishi Logistics ranks #398 out of 1000 companies in the Transportation industry, which is above the industry midpoint. Overall, Mitsubishi Logistics has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Logistics' Altman Z-Score compare to FDX and UPS?
According to the Transportation industry distribution chart, Mitsubishi Logistics ranks #398 out of 1000 companies for Altman Z-Score. This puts Mitsubishi Logistics in the upper half of its industry. The industry median Altman Z-Score is 2.28. Mitsubishi Logistics' value of 2.77 is 21.5% above this benchmark. Historically, Mitsubishi Logistics' own Altman Z-Score has ranged from 1.92 to 2.75 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 2.28, Mitsubishi Logistics 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.28, based on 1,000 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. Mitsubishi Logistics's current Altman Z-Score of 2.77 is 21.5% 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 Mitsubishi Logistics and its competitors. For the Transportation industry, the median Altman Z-Score is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Logistics's current Altman Z-Score is 2.77, which is 31% above median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Logistics stock overvalued right now?
Mitsubishi Logistics (MILGF) has a current Altman Z-Score of 2.77. The stock's GF Value™ is $6.83, compared to a current price of $8.63 — trading 26.3% above its estimated fair value. The current Altman Z-Score is 2.77, which is 31% above median its 10-year median of 2.12 and 21.5% above the Transportation industry median of 2.28. Mitsubishi Logistics' overall GF Score™ is 83/100 with 9 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 Mitsubishi Logistics (MILGF), the current Altman Z-Score is 2.77 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 Mitsubishi Logistics (MILGF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Logistics stock appears to be overvalued. The current stock price of $8.63 is trading 26.3% above its estimated GF Value™ of $6.83.

Key valuation signals for MILGF:

  • Altman Z-Score: 2.77 (31% above median its 10-year median of 2.12)
  • GF Value™: $6.83 vs. price of $8.63 (26.3% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 21.5% above the Transportation median (#398 of 1000)

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


Mitsubishi Logistics Business Description

Other Exchanges 9301:JapanMIB:Germany
Address 1-19-1 Nihonbashi, Nihonbashi Diamond Building, Chuo-ku, Tokyo, JPN, 103-0027
Mitsubishi Logistics Corp is a Japan-based logistics and real estate investment company. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and leases office buildings and other commercial real estate. The company derives the vast majority of revenue domestically.
83GF Score

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

$8.63
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$6.83
GF Value