Sato (SATOF) Altman Z-Score: 3.21 (As of Jun. 24, 2026) — Near Median


SATOF Sato Corp SATOF
83 GF Score
Price $14.33
GF Value $14.78
! 3 Warning Signs
View Full Analysis

What is Sato Altman Z-Score?

Sato SATOF 83 Altman Z-Score is 3.21 as of Jun. 24, 2026, which is 4% above its 10-year median of 3.08. GuruFocus rates SATOF with a GF Score™ of 83/100 and a GF Value™ of $14.78. The stock has 3 warning signs investors should review. Among 3,013 Industrial Products companies, Sato ranks worse than 54.53% 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 3.16 is strong.

Sato has a Altman Z-Score of 3.21, 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 Sato's Altman Z-Score or its related term are showing as below:

SATOF' s Altman Z-Score Range Over the Past 10 Years
Min: 2.75   Med: 3.08   Max: 3.65
Current: 3.16

During the past 13 years, Sato's highest Altman Z-Score was 3.65. The lowest was 2.75. And the median was 3.08.


Sato  (OTCPK:SATOF) 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.


Sato Altman Z-Score Related Terms


Sato Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sato'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.

Sato Altman Z-Score Chart

Sato 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 2.82 3.08 2.94 3.08 3.14

Sato Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.08 3.05 3.19 3.09 3.14

Sato Altman Z-Score Competitor Comparison

For the Business Equipment & Supplies subindustry, Sato'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.


Sato Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sato's Altman Z-Score distribution charts can be found below:

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


SATOF
83GF Score
Sato Corp SATOF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sato 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.

Sato'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*0.3835+1.4*0.4061+3.3*0.0654+0.6*1.3129+1.0*1.1748
=3.21

* 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 $917 Mil.
Total Current Assets was $594 Mil.
Total Current Liabilities was $243 Mil.
Retained Earnings was $372 Mil.
Pre-Tax Income was 3.529 + 21.743 + 17.449 + 12.59 = $55 Mil.
Interest Expense was -1.078 + -1.071 + -1.042 + -1.405 = $-5 Mil.
Revenue was 262.656 + 279.043 + 273.355 + 261.822 = $1,077 Mil.
Market Cap (Today) was $462 Mil.
Total Liabilities was $352 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
=(594.104 - 242.553)/916.666
=0.3835

X2=Retained Earnings/Total Assets
=372.252/916.666
=0.4061

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(55.311 - -4.596)/916.666
=0.0654

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=462.289/352.124
=1.3129

X5=Revenue/Total Assets
=1076.876/916.666
=1.1748

The zones of discrimination were as such:

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

Sato has a Altman Z-Score of 3.21 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 3.21 mean?
Sato (SATOF) has a Altman Z-Score of 3.21 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sato and its competitors. This is near median its historical median of 3.08. Over the past decade, Sato's Altman Z-Score has ranged from 2.75 to 3.65. According to the industry distribution chart, Sato ranks #1643 out of 3013 companies in the Industrial Products industry, placing it in the top 54.5%.
Is Sato's Altman Z-Score too high?
Sato's current Altman Z-Score of 3.21 is near median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 3.65. The Industrial Products industry median Altman Z-Score is 3.42. Sato's value of 3.21 is 6.1% below this industry median. Based on the distribution chart, Sato ranks #1643 out of 3013 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sato has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Sato's Altman Z-Score compare to competitors?
According to the Industrial Products industry distribution chart, Sato ranks #1643 out of 3013 companies for Altman Z-Score. This places Sato in the lower half of its industry. The industry median Altman Z-Score is 3.42. Sato's value of 3.21 is 6.1% below this benchmark. Historically, Sato's own Altman Z-Score has ranged from 2.75 to 3.65 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 3.42, Sato 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.42, based on 3,013 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. Sato's current Altman Z-Score of 3.21 is 6.1% 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 Sato and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato's current Altman Z-Score is 3.21, which is near median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato stock overvalued right now?
Sato (SATOF) has a current Altman Z-Score of 3.21. The stock's GF Value™ is $14.78, compared to a current price of $14.33 — trading 3% below its estimated fair value. The current Altman Z-Score is 3.21, which is near median its 10-year median of 3.08 and 6.1% below the Industrial Products industry median of 3.42. Sato's overall GF Score™ is 83/100 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 Sato (SATOF), the current Altman Z-Score is 3.21 as of Jun. 24, 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 Sato (SATOF) Overvalued in 2026?

Based on GuruFocus' analysis, Sato stock appears to be undervalued. The current stock price of $14.33 is trading 3% below its estimated GF Value™ of $14.78.

Key valuation signals for SATOF:

  • Altman Z-Score: 3.21 (near median its 10-year median of 3.08)
  • GF Value™: $14.78 vs. price of $14.33 (3% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 6.1% below the Industrial Products median (#1643 of 3013)

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


Sato Business Description

Other Exchanges 6287:Japan
Address 1-7-1 Shimomeguro, Knowledge Plaza, Meguro-ku, Tokyo, JPN, 153-0064
Sato Corp is specializing in automatic identification (auto-ID) solutions. It designs and manufactures different products including label and RFID printers, print and apply machines, software, labels, tags, and hand labelers. These products are integrated into solutions featuring peripherals like barcode and RFID readers, aimed at streamlining workflows and enabling data capture and visualization. The company's offerings cater to various industries, providing enhanced productivity, safety, reassurance, and sustainability.
83GF Score

Get the complete analysis for SATOF

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

$14.33
Price
$14.78
GF Value