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Caica DigitalTSE:2315 +4.84%53 Altman Z-Score is 11.19 as of Jul. 16, 2026, which is 529% above its 10-year median of 1.78. GuruFocus rates TSE:2315 with a GF Score™ of 53/100 and a GF Value™ of 円52.26 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,766 Software companies, Caica Digital ranks better than 88.43% 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 10.59 is strong.
Caica Digital has a Altman Z-Score of 11.19, 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 Caica Digital's Altman Z-Score or its related term are showing as below:
TSE:2315'
s Altman Z-Score Range Over the Past 10 Years
Min: -10.7 Med: 1.78 Max: 17.74
Current: 10.59
During the past 13 years, Caica Digital's highest Altman Z-Score was 17.74. The lowest was -10.70. And the median was 1.78.
Caica Digital (TSE:2315) 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.
Caica Digital Altman Z-Score Related Terms
Caica Digital Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Caica Digital'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.
TSE:2315 vs IBM, ACN, FISV: Altman Z-Score Comparison
For the Information Technology Services subindustry, Caica Digital'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.
Caica Digital Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Caica Digital's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Caica Digital'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.
Caica Digital'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
*
0.3439
+
1.4
*
0.3048
+
3.3
*
-0.0444
+
0.6
*
16.1133
+
1.0
*
0.8252
=
11.19
* 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.
Caica Digital (TSE:2315) has a Altman Z-Score of 11.19 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Caica Digital and its competitors. This is 529% above median its historical median of 1.78. According to the industry distribution chart, Caica Digital ranks #320 out of 2766 companies in the Software industry, placing it in the top 11.6%.
Is Caica Digital's Altman Z-Score too high?
Caica Digital's current Altman Z-Score of 11.19 is 529% above median its 10-year median of 1.78. The Software industry median Altman Z-Score is 3.16. Caica Digital's value of 11.19 is 254.1% above this industry median. Based on the distribution chart, Caica Digital ranks #320 out of 2766 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Caica Digital has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caica Digital's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, Caica Digital ranks #320 out of 2766 companies for Altman Z-Score. This places Caica Digital in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.16. Caica Digital's value of 11.19 is 254.1% above this benchmark. While the company's 10-year median is 1.78 vs. the industry median of 3.16, Caica Digital 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 Software company?
The median Altman Z-Score among Software companies is 3.16, based on 2,766 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. Caica Digital's current Altman Z-Score of 11.19 is 254.1% 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 Caica Digital and its competitors. For the Software industry, the median Altman Z-Score is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caica Digital's current Altman Z-Score is 11.19, which is 529% above median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caica Digital stock overvalued right now?
Based on GuruFocus' analysis, Caica Digital (TSE:2315) is currently considered Modestly Overvalued. The stock's GF Value™ is 円52.26, compared to a current price of 円65.00 — trading 24.4% above its estimated fair value. The current Altman Z-Score is 11.19, which is 529% above median its 10-year median of 1.78 and 254.1% above the Software industry median of 3.16. Caica Digital's overall GF Score™ is 53/100 with 4 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 Caica Digital (TSE:2315), the current Altman Z-Score is 11.19 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 Caica Digital (TSE:2315) Overvalued in 2026?
Based on GuruFocus' analysis, Caica Digital stock appears to be overvalued.
The current stock price of 円65.00 is trading 24.4% above its estimated GF Value™ of 円52.26.
GuruFocus considers Caica Digital to be Modestly Overvalued.
Key valuation signals for TSE:2315:
Altman Z-Score: 11.19 (529% above median its 10-year median of 1.78)
GF Value™: 円52.26 vs. price of 円65.00 (24.4% above fair value)
Industry Position: 254.1% above the Software median (#320 of 2766)
No single metric tells the full story. See the TSE:2315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caica Digital Inc is a Japanese company engaged in providing information services such as system development, offshore development, infrastructure, and provision of system-related consulting and maintenance support services. CAICA develops systems that include business package software development and distribution for information service providers. It offers industry solutions for banks, insurance, securities, department stores, convenience stores and transportation industry.
53GF Score
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