Seigakusha Co (TSE:2179) Altman Z-Score: 2.99 (As of Jul. 16, 2026) — 13% Above Median

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TSE:2179 Seigakusha Co Ltd TSE:2179
70 GF Score
Price 円787.00
GF Value 円867.58
Valuation Fairly Valued
View Full Analysis

What is Seigakusha Co Altman Z-Score?

Seigakusha Co TSE:2179 -1.38% 70 Altman Z-Score is 2.99 as of Jul. 16, 2026, which is 13% above its 10-year median of 2.65. GuruFocus rates TSE:2179 with a GF Score™ of 70/100 and a GF Value™ of 円867.58 (Fairly Valued). Among 248 Education companies, Seigakusha Co ranks better than 59.68% 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 is strong.

Seigakusha Co has a Altman Z-Score of 2.99, indicating it is in Grey Zones. This implies that Seigakusha 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 Seigakusha Co's Altman Z-Score or its related term are showing as below:

TSE:2179' s Altman Z-Score Range Over the Past 10 Years
Min: 2.12   Med: 2.65   Max: 3
Current: 3

During the past 13 years, Seigakusha Co's highest Altman Z-Score was 3.00. The lowest was 2.12. And the median was 2.65.


Seigakusha Co  (TSE:2179) 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.


Seigakusha Co Altman Z-Score Related Terms


Seigakusha Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Seigakusha 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.

Seigakusha Co Altman Z-Score Chart

Seigakusha Co 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 2.60 2.69 2.74 2.80 2.98

Seigakusha Co 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 2.74 2.66 2.80 0.00 2.98

TSE:2179 vs EDU, TAL, LAUR: Altman Z-Score Comparison

For the Education & Training Services subindustry, Seigakusha 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.


Seigakusha Co Altman Z-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Seigakusha Co's Altman Z-Score distribution charts can be found below:

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


TSE:2179
70GF Score
Seigakusha Co Ltd TSE:2179
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seigakusha 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.

Seigakusha 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*0.0846+1.4*0.4231+3.3*0.0906+0.6*0.7822+1.0*1.5292
=2.99

* 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9,912 Mil.
Total Current Assets was 円4,323 Mil.
Total Current Liabilities was 円3,484 Mil.
Retained Earnings was 円4,193 Mil.
Pre-Tax Income was 円870 Mil.
Interest Expense was 円-28 Mil.
Revenue was 円15,157 Mil.
Market Cap (Today) was 円4,366 Mil.
Total Liabilities was 円5,582 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
=(4322.548 - 3484.14)/9911.519
=0.0846

X2=Retained Earnings/Total Assets
=4193.488/9911.519
=0.4231

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(870.259 - -27.723)/9911.519
=0.0906

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4366.196/5581.623
=0.7822

X5=Revenue/Total Assets
=15156.867/9911.519
=1.5292

The zones of discrimination were as such:

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

Seigakusha Co has a Altman Z-Score of 2.99 indicating it is in Grey 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 2.99 mean?
Seigakusha Co (TSE:2179) has a Altman Z-Score of 2.99 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Seigakusha Co and its competitors. This is 13% above median its historical median of 2.65. Over the past decade, Seigakusha Co's Altman Z-Score has ranged from 2.12 to 3.00. According to the industry distribution chart, Seigakusha Co ranks #100 out of 248 companies in the Education industry, placing it in the top 40.3%.
Is Seigakusha Co's Altman Z-Score too high?
Seigakusha Co's current Altman Z-Score of 2.99 is 13% above median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 3.00. The Education industry median Altman Z-Score is 2.31. Seigakusha Co's value of 2.99 is 29.4% above this industry median. Based on the distribution chart, Seigakusha Co ranks #100 out of 248 companies in the Education industry, which is above the industry midpoint. Overall, Seigakusha Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seigakusha Co's Altman Z-Score compare to EDU and TAL?
According to the Education industry distribution chart, Seigakusha Co ranks #100 out of 248 companies for Altman Z-Score. This puts Seigakusha Co in the upper half of its industry. The industry median Altman Z-Score is 2.31. Seigakusha Co's value of 2.99 is 29.4% above this benchmark. Historically, Seigakusha Co's own Altman Z-Score has ranged from 2.12 to 3.00 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 2.31, Seigakusha 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 an Education company?
The median Altman Z-Score among Education companies is 2.31, based on 248 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. Seigakusha Co's current Altman Z-Score of 2.99 is 29.4% 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 Seigakusha Co and its competitors. For the Education industry, the median Altman Z-Score is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seigakusha Co's current Altman Z-Score is 2.99, which is 13% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seigakusha Co stock overvalued right now?
Based on GuruFocus' analysis, Seigakusha Co (TSE:2179) is currently considered Fairly Valued. The stock's GF Value™ is 円867.58, compared to a current price of 円787.00 — trading 9.3% below its estimated fair value. The current Altman Z-Score is 2.99, which is 13% above median its 10-year median of 2.65 and 29.4% above the Education industry median of 2.31. Seigakusha Co's overall GF Score™ is 70/100. 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 Seigakusha Co (TSE:2179), the current Altman Z-Score is 2.99 as of Jul. 16, 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 Seigakusha Co (TSE:2179) Overvalued in 2026?

Based on GuruFocus' analysis, Seigakusha Co stock appears to be undervalued. The current stock price of 円787.00 is trading 9.3% below its estimated GF Value™ of 円867.58. GuruFocus considers Seigakusha Co to be Fairly Valued.

Key valuation signals for TSE:2179:

  • Altman Z-Score: 2.99 (13% above median its 10-year median of 2.65)
  • GF Value™: 円867.58 vs. price of 円787.00 (9.3% below fair value)
  • GF Score™: 70/100
  • Industry Position: 29.4% above the Education median (#100 of 248)

No single metric tells the full story. See the TSE:2179 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seigakusha Co Business Description

Address Kaijo Umeda Building, 3-1-2, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-0015
Seigakusha Co Ltd is engaged in operating junior secondary schools in Japan. The company also provides junior high school entry courses, university entry courses, and individual instruction courses, as well as operates examination image lesson preparatory school. The Group has following segments: Education-related business, Real estate rental business, Catering business, Company-wide. The majority of revenue is from Education-related business.
70GF Score

Get the complete analysis for TSE:2179

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

円787.00
Price
円867.58
GF Value