Care Service Co (TSE:2425) Altman Z-Score: 5.67 (As of Jun. 29, 2026) — Near Median


TSE:2425 Care Service Co Ltd TSE:2425
60 GF Score
Price 円624.00
GF Value 円817.17
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Care Service Co Altman Z-Score?

Care Service Co TSE:2425 -0.32% 60 Altman Z-Score is 5.67 as of Jun. 29, 2026, which is at its 10-year median of 5.67. GuruFocus rates TSE:2425 with a GF Score™ of 60/100 and a GF Value™ of 円817.17 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 657 Healthcare Providers & Services companies, Care Service Co ranks better than 79.45% 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 5.67 is strong.

Care Service Co has a Altman Z-Score of 5.67, 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 Care Service Co's Altman Z-Score or its related term are showing as below:

TSE:2425' s Altman Z-Score Range Over the Past 10 Years
Min: 4.32   Med: 5.67   Max: 6.1
Current: 5.67

During the past 13 years, Care Service Co's highest Altman Z-Score was 6.10. The lowest was 4.32. And the median was 5.67.


Care Service Co  (TSE:2425) 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.


Care Service Co Altman Z-Score Related Terms


Care Service Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Care Service 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.

Care Service Co Altman Z-Score Chart

Care Service Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.70 5.67 6.03 6.10 6.07

Care Service Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 5.85 6.10 5.65 6.07 0.00

TSE:2425 vs HCA, THC, DVA: Altman Z-Score Comparison

For the Medical Care Facilities subindustry, Care Service 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.


Care Service Co Altman Z-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Care Service Co's Altman Z-Score distribution charts can be found below:

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


TSE:2425
60GF Score
Care Service Co Ltd TSE:2425
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Care Service 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.

Care Service 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*0.5944+1.4*0.6693+3.3*0.1342+0.6*1.9792+1.0*2.3941
=5.67

* 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4,119 Mil.
Total Current Assets was 円3,356 Mil.
Total Current Liabilities was 円907 Mil.
Retained Earnings was 円2,757 Mil.
Pre-Tax Income was 円553 Mil.
Interest Expense was 円-0 Mil.
Revenue was 円9,862 Mil.
Market Cap (Today) was 円2,367 Mil.
Total Liabilities was 円1,196 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
=(3355.957 - 907.36)/4119.351
=0.5944

X2=Retained Earnings/Total Assets
=2756.925/4119.351
=0.6693

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(552.774 - -0.005)/4119.351
=0.1342

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2366.952/1195.932
=1.9792

X5=Revenue/Total Assets
=9862.197/4119.351
=2.3941

The zones of discrimination were as such:

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

Care Service Co has a Altman Z-Score of 5.67 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 5.67 mean?
Care Service Co (TSE:2425) has a Altman Z-Score of 5.67 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Care Service Co and its competitors. This is near median its historical median of 5.67. Over the past decade, Care Service Co's Altman Z-Score has ranged from 4.32 to 6.10. According to the industry distribution chart, Care Service Co ranks #135 out of 657 companies in the Healthcare Providers & Services industry, placing it in the top 20.5%.
Is Care Service Co's Altman Z-Score too high?
Care Service Co's current Altman Z-Score of 5.67 is near median its 10-year median of 5.67. Over the past 10 years, this metric has ranged from a low of 4.32 to a high of 6.10. The Healthcare Providers & Services industry median Altman Z-Score is 2.38. Care Service Co's value of 5.67 is 138.2% above this industry median. Based on the distribution chart, Care Service Co ranks #135 out of 657 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Care Service Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Care Service Co's Altman Z-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Care Service Co ranks #135 out of 657 companies for Altman Z-Score. This places Care Service Co in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.38. Care Service Co's value of 5.67 is 138.2% above this benchmark. Historically, Care Service Co's own Altman Z-Score has ranged from 4.32 to 6.10 over the past decade. While the company's 10-year median is 5.67 vs. the industry median of 2.38, Care Service 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.38, based on 657 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. Care Service Co's current Altman Z-Score of 5.67 is 138.2% 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 Care Service Co and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Care Service Co's current Altman Z-Score is 5.67, which is near median its own 10-year median of 5.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Care Service Co stock overvalued right now?
Based on GuruFocus' analysis, Care Service Co (TSE:2425) is currently considered Modestly Undervalued. The stock's GF Value™ is 円817.17, compared to a current price of 円624.00 — trading 23.6% below its estimated fair value. The current Altman Z-Score is 5.67, which is near median its 10-year median of 5.67 and 138.2% above the Healthcare Providers & Services industry median of 2.38. Care Service Co's overall GF Score™ is 60/100 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 Care Service Co (TSE:2425), the current Altman Z-Score is 5.67 as of Jun. 29, 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 Care Service Co (TSE:2425) Overvalued in 2026?

Based on GuruFocus' analysis, Care Service Co stock appears to be undervalued. The current stock price of 円624.00 is trading 23.6% below its estimated GF Value™ of 円817.17. GuruFocus considers Care Service Co to be Modestly Undervalued.

Key valuation signals for TSE:2425:

  • Altman Z-Score: 5.67 (near median its 10-year median of 5.67)
  • GF Value™: 円817.17 vs. price of 円624.00 (23.6% below fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 138.2% above the Healthcare Providers & Services median (#135 of 657)

No single metric tells the full story. See the TSE:2425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Care Service Co Business Description

Address 2-3 Omorikita 1-chome, Oimori Miyuki Building, Tokyo, JPN, 143-0016
Care Service Co Ltd provides nursing care services to the handicapped and elderly in Tokyo. The Company's services include day-care, 24-hour home-visit care, home-stay care, and bathing services, small-scale multifunctional in-home care, clean service. It also lends and sales assistive welfare equipment.
60GF Score

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

円624.00
Price
円817.17
GF Value