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What is Hokkai Electrical Construction Co Altman Z-Score?
Hokkai Electrical Construction CoSSE:1832 +1.18%68 Altman Z-Score is 3.76 as of Jul. 15, 2026, which is 15% above its 10-year median of 3.27. GuruFocus rates SSE:1832 with a GF Score™ of 68/100 and a GF Value™ of 円979.30 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,754 Construction companies, Hokkai Electrical Construction Co ranks better than 75.66% 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 3.77 is strong.
Hokkai Electrical Construction Co has a Altman Z-Score of 3.76, 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 Hokkai Electrical Construction Co's Altman Z-Score or its related term are showing as below:
SSE:1832'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.01 Med: 3.27 Max: 3.77
Current: 3.77
During the past 13 years, Hokkai Electrical Construction Co's highest Altman Z-Score was 3.77. The lowest was 3.01. And the median was 3.27.
Hokkai Electrical Construction Co (SSE:1832) 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.
* 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.
Hokkai Electrical Construction Co Altman Z-Score Chart
SSE:1832 vs PWR, FIX, EME: Altman Z-Score Comparison
For the Engineering & Construction subindustry, Hokkai Electrical Construction 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.
Hokkai Electrical Construction Co Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, Hokkai Electrical Construction Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Hokkai Electrical Construction Co's Altman Z-Score falls into.
Hokkai Electrical Construction Co 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.
* 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.
Hokkai Electrical Construction Co (SSE:1832) has a Altman Z-Score of 3.76 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hokkai Electrical Construction Co and its competitors. This is 15% above median its historical median of 3.27. Over the past decade, Hokkai Electrical Construction Co's Altman Z-Score has ranged from 3.01 to 3.77. According to the industry distribution chart, Hokkai Electrical Construction Co ranks #427 out of 1754 companies in the Construction industry, placing it in the top 24.3%.
Is Hokkai Electrical Construction Co's Altman Z-Score too high?
Hokkai Electrical Construction Co's current Altman Z-Score of 3.76 is 15% above median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 3.01 to a high of 3.77. The Construction industry median Altman Z-Score is 2.33. Hokkai Electrical Construction Co's value of 3.76 is 61.4% above this industry median. Based on the distribution chart, Hokkai Electrical Construction Co ranks #427 out of 1754 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hokkai Electrical Construction Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkai Electrical Construction Co's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Hokkai Electrical Construction Co ranks #427 out of 1754 companies for Altman Z-Score. This places Hokkai Electrical Construction Co in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.33. Hokkai Electrical Construction Co's value of 3.76 is 61.4% above this benchmark. Historically, Hokkai Electrical Construction Co's own Altman Z-Score has ranged from 3.01 to 3.77 over the past decade. While the company's 10-year median is 3.27 vs. the industry median of 2.33, Hokkai Electrical Construction 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,754 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. Hokkai Electrical Construction Co's current Altman Z-Score of 3.76 is 61.4% 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 Hokkai Electrical Construction Co and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkai Electrical Construction Co's current Altman Z-Score is 3.76, which is 15% above median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkai Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkai Electrical Construction Co (SSE:1832) is currently considered Significantly Overvalued. The stock's GF Value™ is 円979.30, compared to a current price of 円1,371.00 — trading 40% above its estimated fair value. The current Altman Z-Score is 3.76, which is 15% above median its 10-year median of 3.27 and 61.4% above the Construction industry median of 2.33. Hokkai Electrical Construction Co's overall GF Score™ is 68/100 with 1 warning sign 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 Hokkai Electrical Construction Co (SSE:1832), the current Altman Z-Score is 3.76 as of Jul. 15, 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 Hokkai Electrical Construction Co (SSE:1832) Overvalued in 2026?
Based on GuruFocus' analysis, Hokkai Electrical Construction Co stock appears to be overvalued.
The current stock price of 円1,371.00 is trading 40% above its estimated GF Value™ of 円979.30.
GuruFocus considers Hokkai Electrical Construction Co to be Significantly Overvalued.
Key valuation signals for SSE:1832:
Altman Z-Score: 3.76 (15% above median its 10-year median of 3.27)
GF Value™: 円979.30 vs. price of 円1,371.00 (40% above fair value)
Industry Position: 61.4% above the Construction median (#427 of 1754)
No single metric tells the full story. See the SSE:1832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokkai Electrical Construction Co Business Description
Hokkai Electrical Construction Co Inc manufactures electrical equipment and mechanical equipment. The company also manufactures power generation equipment such as photovoltaic power generation and wind power generation, interconnection equipment of low pressure, high pressure, special high pressure for interconnecting to the electric power system, and system requirement equipment such as storage battery installation. The company provides power distribution facility and telecommunications network facility.
68GF Score
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