Takihyo CoNGO:9982 56 Altman Z-Score is 2.95 as of Jul. 02, 2026, which is 5% above its 10-year median of 2.81. GuruFocus rates NGO:9982 with a GF Score™ of 56/100 and a GF Value™ of 円516.45. The stock has 3 warning signs investors should review. Among 1,030 Manufacturing - Apparel & Accessories companies, Takihyo Co ranks better than 57.77% 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.
Takihyo Co has a Altman Z-Score of 2.95, indicating it is in Grey Zones. This implies that Takihyo 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 Takihyo Co's Altman Z-Score or its related term are showing as below:
NGO:9982'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.17 Med: 2.81 Max: 3.37
Current: 2.96
During the past 13 years, Takihyo Co's highest Altman Z-Score was 3.37. The lowest was 2.17. And the median was 2.81.
Takihyo Co (NGO:9982) 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.
Takihyo Co Altman Z-Score Related Terms
Takihyo Co Altman Z-Score Historical Data
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The historical data trend for Takihyo Co'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:9982 vs RL, LEVI, VFC: Altman Z-Score Comparison
For the Apparel Manufacturing subindustry, Takihyo 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.
Takihyo Co Altman Z-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Takihyo Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Takihyo Co'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.
Takihyo Co'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
*
0.1939
+
1.4
*
0.4219
+
3.3
*
0.0421
+
0.6
*
1.2185
+
1.0
*
1.2573
=
2.95
* 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.
Takihyo Co (NGO:9982) has a Altman Z-Score of 2.95 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Takihyo Co and its competitors. This is near median its historical median of 2.81. Over the past decade, Takihyo Co's Altman Z-Score has ranged from 2.17 to 3.37. According to the industry distribution chart, Takihyo Co ranks #435 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.2%.
Is Takihyo Co's Altman Z-Score too high?
Takihyo Co's current Altman Z-Score of 2.95 is near median its 10-year median of 2.81. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 3.37. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.51. Takihyo Co's value of 2.95 is 17.8% above this industry median. Based on the distribution chart, Takihyo Co ranks #435 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Takihyo Co has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Takihyo Co's Altman Z-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Takihyo Co ranks #435 out of 1030 companies for Altman Z-Score. This puts Takihyo Co in the upper half of its industry. The industry median Altman Z-Score is 2.51. Takihyo Co's value of 2.95 is 17.8% above this benchmark. Historically, Takihyo Co's own Altman Z-Score has ranged from 2.17 to 3.37 over the past decade. While the company's 10-year median is 2.81 vs. the industry median of 2.51, Takihyo 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.51, based on 1,030 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. Takihyo Co's current Altman Z-Score of 2.95 is 17.8% 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 Takihyo Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takihyo Co's current Altman Z-Score is 2.95, which is near median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takihyo Co stock overvalued right now?
Takihyo Co (NGO:9982) has a current Altman Z-Score of 2.95. The stock's GF Value™ is 円516.45, compared to a current price of 円950.00 — trading 83.9% above its estimated fair value. The current Altman Z-Score is 2.95, which is near median its 10-year median of 2.81 and 17.8% above the Manufacturing - Apparel & Accessories industry median of 2.51. Takihyo Co's overall GF Score™ is 56/100 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 Takihyo Co (NGO:9982), the current Altman Z-Score is 2.95 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 Takihyo Co (NGO:9982) Overvalued in 2026?
Based on GuruFocus' analysis, Takihyo Co stock appears to be overvalued.
The current stock price of 円950.00 is trading 83.9% above its estimated GF Value™ of 円516.45.
Key valuation signals for NGO:9982:
Altman Z-Score: 2.95 (near median its 10-year median of 2.81)
GF Value™: 円516.45 vs. price of 円950.00 (83.9% above fair value)
Industry Position: 17.8% above the Manufacturing - Apparel & Accessories median (#435 of 1030)
No single metric tells the full story. See the NGO:9982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Takihyo Co Ltd is engaged in apparel, textile, retail, lifestyle-related and real estate businesses. It has three reportable segments namely Apparel and Textiles, Rental Business, and Others. The company generates maximum revenue from the Apparel and Textiles segment. Its Apparel and Textiles segment is engaged in planning, manufacturing and selling of ladies apparel, baby and kids apparel, homewear, and textiles. The Rental Business segment is engaged in leasing and management of the real estate, and leasing of office automation equipment and others.
56GF Score
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