Fukutome Meat Packers (TSE:2291) Altman Z-Score: 1.53 (As of Jul. 02, 2026) — 15% Below Median


TSE:2291 Fukutome Meat Packers Ltd TSE:2291
43 GF Score
Price 円485.00
GF Value 円1,393.10
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Fukutome Meat Packers Altman Z-Score?

Fukutome Meat Packers TSE:2291 +0.21% 43 Altman Z-Score is 1.53 as of Jul. 02, 2026, which is 15% below its 10-year median of 1.79. GuruFocus rates TSE:2291 with a GF Score™ of 43/100 and a GF Value™ of 円1,393.10 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,928 Consumer Packaged Goods companies, Fukutome Meat Packers ranks worse than 79.51% 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 1.34 is in distress zone. This implies bankruptcy possibility in the next two years.

Fukutome Meat Packers has a Altman Z-Score of 1.53, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Fukutome Meat Packers's Altman Z-Score or its related term are showing as below:

TSE:2291' s Altman Z-Score Range Over the Past 10 Years
Min: 1.34   Med: 1.79   Max: 2.3
Current: 1.34

During the past 13 years, Fukutome Meat Packers's highest Altman Z-Score was 2.30. The lowest was 1.34. And the median was 1.79.


Fukutome Meat Packers  (TSE:2291) 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.


Fukutome Meat Packers Altman Z-Score Related Terms


Fukutome Meat Packers Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Fukutome Meat Packers'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.

Fukutome Meat Packers Altman Z-Score Chart

Fukutome Meat Packers 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 1.67 1.45 1.89 1.46 0.00

Fukutome Meat Packers 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 1.89 1.40 1.46 0.00 0.00

TSE:2291 vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, Fukutome Meat Packers'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.


Fukutome Meat Packers Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fukutome Meat Packers's Altman Z-Score distribution charts can be found below:

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


TSE:2291
43GF Score
Fukutome Meat Packers Ltd TSE:2291
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fukutome Meat Packers 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.

Fukutome Meat Packers'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*-0.1995+1.4*-0.2349+3.3*0.0341+0.6*0.1516+1.0*1.8973
=1.53

* 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. 2025:
Total Assets was 円12,521 Mil.
Total Current Assets was 円5,543 Mil.
Total Current Liabilities was 円8,041 Mil.
Retained Earnings was 円-2,941 Mil.
Pre-Tax Income was 円341 Mil.
Interest Expense was 円-86 Mil.
Revenue was 円23,756 Mil.
Market Cap (Today) was 円1,618 Mil.
Total Liabilities was 円10,675 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
=(5543 - 8041)/12521
=-0.1995

X2=Retained Earnings/Total Assets
=-2941/12521
=-0.2349

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(341 - -86)/12521
=0.0341

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1618.219/10675
=0.1516

X5=Revenue/Total Assets
=23756/12521
=1.8973

The zones of discrimination were as such:

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

Fukutome Meat Packers has a Altman Z-Score of 1.53 indicating it is in Distress 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 1.53 mean?
Fukutome Meat Packers (TSE:2291) has a Altman Z-Score of 1.53 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fukutome Meat Packers and its competitors. This is 15% below median its historical median of 1.79. Over the past decade, Fukutome Meat Packers' Altman Z-Score has ranged from 1.34 to 2.30. According to the industry distribution chart, Fukutome Meat Packers ranks #1533 out of 1928 companies in the Consumer Packaged Goods industry, placing it in the top 79.5%.
Is Fukutome Meat Packers' Altman Z-Score too high?
Fukutome Meat Packers' current Altman Z-Score of 1.53 is 15% below median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 2.30. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. Fukutome Meat Packers' value of 1.53 is 45.9% below this industry median. Based on the distribution chart, Fukutome Meat Packers ranks #1533 out of 1928 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Fukutome Meat Packers has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fukutome Meat Packers' Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fukutome Meat Packers ranks #1533 out of 1928 companies for Altman Z-Score. This places Fukutome Meat Packers in the lower half of its industry. The industry median Altman Z-Score is 2.83. Fukutome Meat Packers' value of 1.53 is 45.9% below this benchmark. Historically, Fukutome Meat Packers' own Altman Z-Score has ranged from 1.34 to 2.30 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 2.83, Fukutome Meat Packers 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 a Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,928 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. Fukutome Meat Packers's current Altman Z-Score of 1.53 is 45.9% 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 Fukutome Meat Packers and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fukutome Meat Packers's current Altman Z-Score is 1.53, which is 15% below median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukutome Meat Packers stock overvalued right now?
Based on GuruFocus' analysis, Fukutome Meat Packers (TSE:2291) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,393.10, compared to a current price of 円485.00 — trading 65.2% below its estimated fair value. The current Altman Z-Score is 1.53, which is 15% below median its 10-year median of 1.79 and 45.9% below the Consumer Packaged Goods industry median of 2.83. Fukutome Meat Packers' overall GF Score™ is 43/100 with 6 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 Fukutome Meat Packers (TSE:2291), the current Altman Z-Score is 1.53 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 Fukutome Meat Packers (TSE:2291) Overvalued in 2026?

Based on GuruFocus' analysis, Fukutome Meat Packers stock appears to be undervalued. The current stock price of 円485.00 is trading 65.2% below its estimated GF Value™ of 円1,393.10. GuruFocus considers Fukutome Meat Packers to be Possible Value Trap.

Key valuation signals for TSE:2291:

  • Altman Z-Score: 1.53 (15% below median its 10-year median of 1.79)
  • GF Value™: 円1,393.10 vs. price of 円485.00 (65.2% below fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 45.9% below the Consumer Packaged Goods median (#1533 of 1928)

No single metric tells the full story. See the TSE:2291 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fukutome Meat Packers Business Description

Address Kusatsuminato 2-6-75, Hiroshima Nishi-ku, Kusatsu-ko chome, Hiroshima, JPN, 733-0832
Fukutome Meat Packers Ltd is a Japan-based company engaged in the purchase, processing, manufacture, and sale of meat products and other foodstuffs. The products of the company include ham, sausage, bacon, hana sausage, roast pork, roast beef, delica products, beef, and other related products.
43GF Score

Get the complete analysis for TSE:2291

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

円485.00
Price
円1,393.10
GF Value