CCReB Advisors (TSE:276A) Altman Z-Score: 4.88 (As of Aug. 31, 2026) — 62% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:276A CCReB Advisors Inc TSE:276A
17 GF Score
Price 円3,740.00
! 3 Warning Signs
View Full Analysis

What is CCReB Advisors Altman Z-Score?

CCReB Advisors TSE:276A +0.27% 17 Altman Z-Score is 4.88 as of Aug. 31, 2026, which is 62% below its 10-year median of 12.87. GuruFocus rates TSE:276A with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 2,773 Software companies, CCReB Advisors ranks better than 65.52% 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 4.7 is strong.

CCReB Advisors has a Altman Z-Score of 4.88, 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 CCReB Advisors's Altman Z-Score or its related term are showing as below:

TSE:276A' s Altman Z-Score Range Over the Past 10 Years
Min: 4.7   Med: 12.87   Max: 43.29
Current: 4.7

During the past 4 years, CCReB Advisors's highest Altman Z-Score was 43.29. The lowest was 4.70. And the median was 12.87.


CCReB Advisors  (TSE:276A) 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.


CCReB Advisors Altman Z-Score Related Terms


CCReB Advisors Altman Z-Score Historical Data

* Premium members only.

The historical data trend for CCReB Advisors'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.

CCReB Advisors Altman Z-Score Chart

CCReB Advisors Annual Data
Trend Aug22 Aug23 Aug24 Aug25
Altman Z-Score
0.00 0.00 0.00 12.87

CCReB Advisors Quarterly Data
Aug22 Aug23 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.29 12.87 6.94 4.86 0.00

TSE:276A vs MSFT, PLTR, ORCL: Altman Z-Score Comparison

For the Software - Infrastructure subindustry, CCReB Advisors'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.


CCReB Advisors Altman Z-Score vs Software Industry

For the Software industry and Technology sector, CCReB Advisors's Altman Z-Score distribution charts can be found below:

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


TSE:276A
17GF Score
CCReB Advisors Inc TSE:276A
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CCReB Advisors 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.

CCReB Advisors'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*0.5402+1.4*0.1517+3.3*0.0806+0.6*5.5104+1.0*0.4509
=4.88

* 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 Feb. 2026:
Total Assets was 円8,253 Mil.
Total Current Assets was 円5,411 Mil.
Total Current Liabilities was 円953 Mil.
Retained Earnings was 円1,252 Mil.
Pre-Tax Income was 424.183 + -95.849 + 203.71 + 100.368 = 円632 Mil.
Interest Expense was -12.264 + -13.081 + -6.972 + -0.376 = 円-33 Mil.
Revenue was 2226.174 + 178.465 + 730.585 + 585.647 = 円3,721 Mil.
Market Cap (Today) was 円18,917 Mil.
Total Liabilities was 円3,433 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
=(5410.701 - 952.936)/8252.508
=0.5402

X2=Retained Earnings/Total Assets
=1251.916/8252.508
=0.1517

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(632.412 - -32.693)/8252.508
=0.0806

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=18917.006/3432.975
=5.5104

X5=Revenue/Total Assets
=3720.871/8252.508
=0.4509

The zones of discrimination were as such:

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

CCReB Advisors has a Altman Z-Score of 4.88 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 4.88 mean?
CCReB Advisors (TSE:276A) has a Altman Z-Score of 4.88 as of Aug. 31, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CCReB Advisors and its competitors. This is 62% below median its historical median of 12.87. Over the past decade, CCReB Advisors' Altman Z-Score has ranged from 4.70 to 43.29. According to the industry distribution chart, CCReB Advisors ranks #956 out of 2773 companies in the Software industry, placing it in the top 34.5%.
Is CCReB Advisors' Altman Z-Score too high?
CCReB Advisors' current Altman Z-Score of 4.88 is 62% below median its 10-year median of 12.87. Over the past 10 years, this metric has ranged from a low of 4.70 to a high of 43.29. The Software industry median Altman Z-Score is 3.20. CCReB Advisors' value of 4.88 is 52.5% above this industry median. Based on the distribution chart, CCReB Advisors ranks #956 out of 2773 companies in the Software industry, which is above the industry midpoint. Overall, CCReB Advisors has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does CCReB Advisors' Altman Z-Score compare to MSFT and PLTR?
According to the Software industry distribution chart, CCReB Advisors ranks #956 out of 2773 companies for Altman Z-Score. This puts CCReB Advisors in the upper half of its industry. The industry median Altman Z-Score is 3.20. CCReB Advisors' value of 4.88 is 52.5% above this benchmark. Historically, CCReB Advisors' own Altman Z-Score has ranged from 4.70 to 43.29 over the past decade. While the company's 10-year median is 12.87 vs. the industry median of 3.20, CCReB Advisors 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 3.20, based on 2,773 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. CCReB Advisors's current Altman Z-Score of 4.88 is 52.5% 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 CCReB Advisors and its competitors. For the Software industry, the median Altman Z-Score is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CCReB Advisors's current Altman Z-Score is 4.88, which is 62% below median its own 10-year median of 12.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CCReB Advisors stock overvalued right now?
CCReB Advisors (TSE:276A) has a current Altman Z-Score of 4.88. The current Altman Z-Score is 4.88, which is 62% below median its 10-year median of 12.87 and 52.5% above the Software industry median of 3.20. CCReB Advisors' overall GF Score™ is 17/100 with 3 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 CCReB Advisors (TSE:276A), the current Altman Z-Score is 4.88 as of Aug. 31, 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.

CCReB Advisors Business Description

Address 1-14-8 Uchikanda, KANDA SQUARE GATE 8th floor, Chiyoda-ku, Tokyo, JPN, 101-0047
CCReB Advisors Inc is engaged in the Provision of CRE (Corporate Real Estate) solutions utilizing AI and PropTech (Property relating Technologies) development and sales. In CRE solution business It provides one-stop solutions using real estate tech systems to meet a wide variety of CRE needs, including CRE strategy support using real estate tech tools, monetizing idle land, consolidating bases, and off-balancing commercial real estate. The PropTech business includes the Development of real estate tech systems and subscription services that contribute to improving the operational efficiency of CRE sales for client companies and digital transformation (DX).
17GF Score

Get the complete analysis for TSE:276A

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

円3,740.00
Price