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Hirota Group Holdings CoNGO:3346 -1.19%39 Altman Z-Score is 2.94 as of Jul. 14, 2026, which is 72% above its 10-year median of 1.71. GuruFocus rates NGO:3346 with a GF Score™ of 39/100 and a GF Value™ of 円35.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Hirota Group Holdings Co ranks better than 55.26% 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 2.96 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.
Hirota Group Holdings Co has a Altman Z-Score of 2.94, indicating it is in Grey Zones. This implies that Hirota Group Holdings Co 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 Hirota Group Holdings Co's Altman Z-Score or its related term are showing as below:
NGO:3346'
s Altman Z-Score Range Over the Past 10 Years
Min: -1.06 Med: 1.71 Max: 3.64
Current: 2.96
During the past 13 years, Hirota Group Holdings Co's highest Altman Z-Score was 3.64. The lowest was -1.06. And the median was 1.71.
Hirota Group Holdings Co (NGO:3346) 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.
* 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.
NGO:3346 vs CASY, WSM, DKS: Altman Z-Score Comparison
For the Specialty Retail subindustry, Hirota Group Holdings 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.
Hirota Group Holdings Co Altman Z-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hirota Group Holdings Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Hirota Group Holdings Co's Altman Z-Score falls into.
Hirota Group Holdings 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.
* 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.
Hirota Group Holdings Co (NGO:3346) has a Altman Z-Score of 2.94 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hirota Group Holdings Co and its competitors. This is 72% above median its historical median of 1.71. According to the industry distribution chart, Hirota Group Holdings Co ranks #498 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 44.7%.
Is Hirota Group Holdings Co's Altman Z-Score too high?
Hirota Group Holdings Co's current Altman Z-Score of 2.94 is 72% above median its 10-year median of 1.71. The Retail - Cyclical industry median Altman Z-Score is 2.75. Hirota Group Holdings Co's value of 2.94 is 6.9% above this industry median. Based on the distribution chart, Hirota Group Holdings Co ranks #498 out of 1113 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Hirota Group Holdings Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hirota Group Holdings Co's Altman Z-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Hirota Group Holdings Co ranks #498 out of 1113 companies for Altman Z-Score. This puts Hirota Group Holdings Co in the upper half of its industry. The industry median Altman Z-Score is 2.75. Hirota Group Holdings Co's value of 2.94 is 6.9% above this benchmark. While the company's 10-year median is 1.71 vs. the industry median of 2.75, Hirota Group Holdings 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.75, based on 1,113 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. Hirota Group Holdings Co's current Altman Z-Score of 2.94 is 6.9% 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 Hirota Group Holdings Co and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hirota Group Holdings Co's current Altman Z-Score is 2.94, which is 72% above median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hirota Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Hirota Group Holdings Co (NGO:3346) is currently considered Significantly Overvalued. The stock's GF Value™ is 円35.41, compared to a current price of 円83.00 — trading 134.4% above its estimated fair value. The current Altman Z-Score is 2.94, which is 72% above median its 10-year median of 1.71 and 6.9% above the Retail - Cyclical industry median of 2.75. Hirota Group Holdings Co's overall GF Score™ is 39/100 with 7 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 Hirota Group Holdings Co (NGO:3346), the current Altman Z-Score is 2.94 as of Jul. 14, 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 Hirota Group Holdings Co (NGO:3346) Overvalued in 2026?
Based on GuruFocus' analysis, Hirota Group Holdings Co stock appears to be overvalued.
The current stock price of 円83.00 is trading 134.4% above its estimated GF Value™ of 円35.41.
GuruFocus considers Hirota Group Holdings Co to be Significantly Overvalued.
Key valuation signals for NGO:3346:
Altman Z-Score: 2.94 (72% above median its 10-year median of 1.71)
GF Value™: 円35.41 vs. price of 円83.00 (134.4% above fair value)
Industry Position: 6.9% above the Retail - Cyclical median (#498 of 1113)
No single metric tells the full story. See the NGO:3346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hirota Group Holdings Co Ltd is engaged in the sweets business and the beauty and healthcare business under a holding company structure. The Group has two reportable segments: the Sweets Business, which involves the manufacture, sale, and wholesale of Western and Japanese confectionery as well as frozen desserts, and the Beauty and Healthcare Business, which focuses on the sales of cosmetics and supplements, mainly at duty-free shops. It generates the majority of its revenue from the Sweets Business segment.
39GF Score
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