Japan TranscityNGO:9310 75 Altman Z-Score is 2.26 as of Jul. 03, 2026, which is 14% above its 10-year median of 1.98. GuruFocus rates NGO:9310 with a GF Score™ of 75/100 and a GF Value™ of 円717.86. The stock has 3 warning signs investors should review. Among 994 Transportation companies, Japan Transcity ranks worse than 51.11% 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 2.25 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.
Japan Transcity has a Altman Z-Score of 2.26, indicating it is in Grey Zones. This implies that Japan Transcity 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 Japan Transcity's Altman Z-Score or its related term are showing as below:
NGO:9310'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.72 Med: 1.98 Max: 2.35
Current: 2.25
During the past 13 years, Japan Transcity's highest Altman Z-Score was 2.35. The lowest was 1.72. And the median was 1.98.
Japan Transcity (NGO:9310) 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.
Altman Z-Score does not apply to financial companies.
Japan Transcity Altman Z-Score Related Terms
Japan Transcity Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Japan Transcity'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.
NGO:9310 vs UPS, FDX, JBHT: Altman Z-Score Comparison
For the Integrated Freight & Logistics subindustry, Japan Transcity'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.
Japan Transcity Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Japan Transcity's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Japan Transcity'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.
Japan Transcity'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
*
0.1192
+
1.4
*
0.4102
+
3.3
*
0.0553
+
0.6
*
1.0646
+
1.0
*
0.7184
=
2.26
* 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.
Japan Transcity (NGO:9310) has a Altman Z-Score of 2.26 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Japan Transcity and its competitors. This is 14% above median its historical median of 1.98. Over the past decade, Japan Transcity's Altman Z-Score has ranged from 1.72 to 2.35. According to the industry distribution chart, Japan Transcity ranks #508 out of 994 companies in the Transportation industry, placing it in the top 51.1%.
Is Japan Transcity's Altman Z-Score too high?
Japan Transcity's current Altman Z-Score of 2.26 is 14% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 2.35. The Transportation industry median Altman Z-Score is 2.27. Japan Transcity's value of 2.26 is 0.4% below this industry median. Based on the distribution chart, Japan Transcity ranks #508 out of 994 companies in the Transportation industry, which is below the industry midpoint. Overall, Japan Transcity has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Japan Transcity's Altman Z-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Japan Transcity ranks #508 out of 994 companies for Altman Z-Score. This places Japan Transcity in the lower half of its industry. The industry median Altman Z-Score is 2.27. Japan Transcity's value of 2.26 is 0.4% below this benchmark. Historically, Japan Transcity's own Altman Z-Score has ranged from 1.72 to 2.35 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.27, Japan Transcity 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 994 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. Japan Transcity's current Altman Z-Score of 2.26 is 0.4% 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 Japan Transcity 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. Japan Transcity's current Altman Z-Score is 2.26, which is 14% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Transcity stock overvalued right now?
Japan Transcity (NGO:9310) has a current Altman Z-Score of 2.26. The stock's GF Value™ is 円717.86, compared to a current price of 円878.00 — trading 22.3% above its estimated fair value. The current Altman Z-Score is 2.26, which is 14% above median its 10-year median of 1.98 and 0.4% below the Transportation industry median of 2.27. Japan Transcity's overall GF Score™ is 75/100 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 Japan Transcity (NGO:9310), the current Altman Z-Score is 2.26 as of Jul. 03, 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 Japan Transcity (NGO:9310) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Transcity stock appears to be overvalued.
The current stock price of 円878.00 is trading 22.3% above its estimated GF Value™ of 円717.86.
Key valuation signals for NGO:9310:
Altman Z-Score: 2.26 (14% above median its 10-year median of 1.98)
GF Value™: 円717.86 vs. price of 円878.00 (22.3% above fair value)
Industry Position: 0.4% below the Transportation median (#508 of 994)
No single metric tells the full story. See the NGO:9310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Transcity Corp is a Japan-based integrated logistics company. It offers various logistics services including warehousing, domestic transportation, international freight forwarding, overseas logistics, logistics consulting and vehicle maintenance. The company's network covers all of Japan from Kanto, Chubu, Kansai, Hokkaido, and Kyushu, and expands to the U.S., Thailand, Singapore, China, and across the world.
75GF Score
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