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 1.84 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.
Nippon Yusen Kabushiki Kaisha has a Altman Z-Score of 1.84, indicating it is in Grey Zones. This implies that Nippon Yusen Kabushiki Kaisha 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 Nippon Yusen Kabushiki Kaisha's Altman Z-Score or its related term are showing as below:
NGO:9101'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.95 Med: 1.76 Max: 3.4
Current: 1.84
During the past 13 years, Nippon Yusen Kabushiki Kaisha's highest Altman Z-Score was 3.40. The lowest was 0.95. And the median was 1.76.
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.
For the Marine Shipping subindustry, Nippon Yusen Kabushiki Kaisha'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.
Nippon Yusen Kabushiki Kaisha Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Nippon Yusen Kabushiki Kaisha's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Nippon Yusen Kabushiki Kaisha's Altman Z-Score falls into.
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.
Nippon Yusen Kabushiki Kaisha (NGO:9101) has a Altman Z-Score of 1.84 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nippon Yusen Kabushiki Kaisha and its competitors. This is near median its historical median of 1.76. Over the past decade, Nippon Yusen Kabushiki Kaisha's Altman Z-Score has ranged from 0.95 to 3.40. According to the industry distribution chart, Nippon Yusen Kabushiki Kaisha ranks #596 out of 993 companies in the Transportation industry, placing it in the top 60%.
Is Nippon Yusen Kabushiki Kaisha's Altman Z-Score too high?
Nippon Yusen Kabushiki Kaisha's current Altman Z-Score of 1.84 is near median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.40. The Transportation industry median Altman Z-Score is 2.27. Nippon Yusen Kabushiki Kaisha's value of 1.84 is 18.9% below this industry median. Based on the distribution chart, Nippon Yusen Kabushiki Kaisha ranks #596 out of 993 companies in the Transportation industry, which is below the industry midpoint. Overall, Nippon Yusen Kabushiki Kaisha has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Yusen Kabushiki Kaisha's Altman Z-Score compare to competitors?
According to the Transportation industry distribution chart, Nippon Yusen Kabushiki Kaisha ranks #596 out of 993 companies for Altman Z-Score. This places Nippon Yusen Kabushiki Kaisha in the lower half of its industry. The industry median Altman Z-Score is 2.27. Nippon Yusen Kabushiki Kaisha's value of 1.84 is 18.9% below this benchmark. Historically, Nippon Yusen Kabushiki Kaisha's own Altman Z-Score has ranged from 0.95 to 3.40 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 2.27, Nippon Yusen Kabushiki Kaisha 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.27, based on 993 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. Nippon Yusen Kabushiki Kaisha's current Altman Z-Score of 1.84 is 18.9% 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 Nippon Yusen Kabushiki Kaisha and its competitors. For the Transportation industry, the median Altman Z-Score is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Yusen Kabushiki Kaisha's current Altman Z-Score is 1.84, which is near median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Yusen Kabushiki Kaisha stock overvalued right now?
Nippon Yusen Kabushiki Kaisha (NGO:9101) has a current Altman Z-Score of 1.84. The stock's GF Value™ is 円776.37, compared to a current price of 円760.00 — trading 2.1% below its estimated fair value. The current Altman Z-Score is 1.84, which is near median its 10-year median of 1.76 and 18.9% below the Transportation industry median of 2.27. Nippon Yusen Kabushiki Kaisha's overall GF Score™ is 73/100 with 3 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 Nippon Yusen Kabushiki Kaisha (NGO:9101), the current Altman Z-Score is 1.84 as of Jul. 01, 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 Nippon Yusen Kabushiki Kaisha (NGO:9101) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Yusen Kabushiki Kaisha stock appears to be undervalued.
The current stock price of 円760.00 is trading 2.1% below its estimated GF Value™ of 円776.37.
Key valuation signals for NGO:9101:
Altman Z-Score: 1.84 (near median its 10-year median of 1.76)
GF Value™: 円776.37 vs. price of 円760.00 (2.1% below fair value)
Industry Position: 18.9% below the Transportation median (#596 of 993)
No single metric tells the full story. See the NGO:9101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Yusen Kabushiki Kaisha Business Description
Nippon Yusen Kabushiki Kaisha is a Japan-based shipping and transportation company. The company operates through seven segments. The Automotive Business covers ocean-going cargo shipping and automobile logistics. Dry Bulk Cargo Business focuses on bulk cargo transport and ship chartering. Energy Business handles shipping and chartering related to energy transport. Liner & Logistics Business includes Air Transport, Liner Shipping with agency, container terminal, port, and tugboat operations, and Logistics covering warehousing, freight forwarding, and coastal freight. Other Business involves real estate leasing and sales, passenger ship services, machinery and equipment wholesale, transportation support, information processing, and petroleum product sales.
73GF Score
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