Sagami Holdings (NGO:9900) Altman Z-Score: 5.97 (As of Jul. 02, 2026) — 16% Above Median


NGO:9900 Sagami Holdings Corp NGO:9900
76 GF Score
Price 円1,895.00
GF Value 円2,448.13
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What is Sagami Holdings Altman Z-Score?

Sagami Holdings NGO:9900 76 Altman Z-Score is 5.97 as of Jul. 02, 2026, which is 16% above its 10-year median of 5.15. GuruFocus rates NGO:9900 with a GF Score™ of 76/100 and a GF Value™ of 円2,448.13. Among 358 Restaurants companies, Sagami Holdings ranks better than 89.11% 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.

Good Sign:

Altman Z-score of 5.97 is strong.

Sagami Holdings has a Altman Z-Score of 5.97, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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

NGO:9900' s Altman Z-Score Range Over the Past 10 Years
Min: 2.79   Med: 5.15   Max: 7.24
Current: 5.97

During the past 13 years, Sagami Holdings's highest Altman Z-Score was 7.24. The lowest was 2.79. And the median was 5.15.


Sagami Holdings  (NGO:9900) 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.


Sagami Holdings Altman Z-Score Related Terms


Sagami Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sagami 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.

Sagami Holdings Altman Z-Score Chart

Sagami 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 3.89 4.49 5.08 5.86 6.46

Sagami Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.08 5.62 5.86 0.00 6.46

NGO:9900 vs MCD, SBUX, YUM: Altman Z-Score Comparison

For the Restaurants subindustry, Sagami 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.


Sagami Holdings Altman Z-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Sagami Holdings's Altman Z-Score distribution charts can be found below:

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


NGO:9900
76GF Score
Sagami Holdings Corp NGO:9900
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sagami 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.

Sagami 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*0.0945+1.4*0.1364+3.3*0.0875+0.6*6.5503+1.0*1.4511
=5.97

* 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 円27,123 Mil.
Total Current Assets was 円8,674 Mil.
Total Current Liabilities was 円6,110 Mil.
Retained Earnings was 円3,700 Mil.
Pre-Tax Income was 円2,373 Mil.
Interest Expense was 円-1 Mil.
Revenue was 円39,360 Mil.
Market Cap (Today) was 円48,892 Mil.
Total Liabilities was 円7,464 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
=(8674.051 - 6110.229)/27123.316
=0.0945

X2=Retained Earnings/Total Assets
=3699.809/27123.316
=0.1364

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2372.708 - -1.28)/27123.316
=0.0875

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=48892.141/7464.106
=6.5503

X5=Revenue/Total Assets
=39359.936/27123.316
=1.4511

The zones of discrimination were as such:

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

Sagami Holdings has a Altman Z-Score of 5.97 indicating it is in Safe 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 5.97 mean?
Sagami Holdings (NGO:9900) has a Altman Z-Score of 5.97 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sagami Holdings and its competitors. This is 16% above median its historical median of 5.15. Over the past decade, Sagami Holdings' Altman Z-Score has ranged from 2.79 to 7.24. According to the industry distribution chart, Sagami Holdings ranks #39 out of 358 companies in the Restaurants industry, placing it in the top 10.9%.
Is Sagami Holdings' Altman Z-Score too high?
Sagami Holdings' current Altman Z-Score of 5.97 is 16% above median its 10-year median of 5.15. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 7.24. The Restaurants industry median Altman Z-Score is 2.24. Sagami Holdings' value of 5.97 is 166.5% above this industry median. Based on the distribution chart, Sagami Holdings ranks #39 out of 358 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Sagami Holdings has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Sagami Holdings' Altman Z-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Sagami Holdings ranks #39 out of 358 companies for Altman Z-Score. This places Sagami Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.24. Sagami Holdings' value of 5.97 is 166.5% above this benchmark. Historically, Sagami Holdings' own Altman Z-Score has ranged from 2.79 to 7.24 over the past decade. While the company's 10-year median is 5.15 vs. the industry median of 2.24, Sagami Holdings 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 Restaurants company?
The median Altman Z-Score among Restaurants companies is 2.24, based on 358 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. Sagami Holdings's current Altman Z-Score of 5.97 is 166.5% 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 Sagami Holdings and its competitors. For the Restaurants industry, the median Altman Z-Score is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sagami Holdings's current Altman Z-Score is 5.97, which is 16% above median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sagami Holdings stock overvalued right now?
Sagami Holdings (NGO:9900) has a current Altman Z-Score of 5.97. The stock's GF Value™ is 円2,448.13, compared to a current price of 円1,895.00 — trading 22.6% below its estimated fair value. The current Altman Z-Score is 5.97, which is 16% above median its 10-year median of 5.15 and 166.5% above the Restaurants industry median of 2.24. Sagami Holdings' overall GF Score™ is 76/100. 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 Sagami Holdings (NGO:9900), the current Altman Z-Score is 5.97 as of Jul. 02, 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 Sagami Holdings (NGO:9900) Overvalued in 2026?

Based on GuruFocus' analysis, Sagami Holdings stock appears to be undervalued. The current stock price of 円1,895.00 is trading 22.6% below its estimated GF Value™ of 円2,448.13.

Key valuation signals for NGO:9900:

  • Altman Z-Score: 5.97 (16% above median its 10-year median of 5.15)
  • GF Value™: 円2,448.13 vs. price of 円1,895.00 (22.6% below fair value)
  • GF Score™: 76/100
  • Industry Position: 166.5% above the Restaurants median (#39 of 358)

No single metric tells the full story. See the NGO:9900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sagami Holdings Business Description

Other Exchanges 9900:Japan
Address 118 Yatsuken 2-chome, Moriyama-ku, Nagoya, JPN, 463-8535
Sagami Holdings Corp is a Japan-based company operating in the food service industry. It engages in developing Japanese-style and noodle restaurant chains in Kansai, Kanto, and Hokuriku centering on the Tokai area. It operates chain restaurants under brand name Sagami and Ajino-Mingei. It offers Japanese dishes including Soba, Udon, Kishimen, Sukiyaki set, and Nagoya-Meshi. Sagami also has overseas operations in Thailand, Vietnam, Italy, and Brazil.
76GF Score

Get the complete analysis for NGO:9900

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

円1,895.00
Price
円2,448.13
GF Value