Aida Sekkei Co (TSE:2990) Altman Z-Score: 2.06 (As of Jul. 04, 2026) — 11% Above Median


TSE:2990 Aida Sekkei Co Ltd TSE:2990
53 GF Score
Price 円262.00
GF Value 円344.27
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Aida Sekkei Co Altman Z-Score?

Aida Sekkei Co TSE:2990 53 Altman Z-Score is 2.06 as of Jul. 04, 2026, which is 11% above its 10-year median of 1.86. GuruFocus rates TSE:2990 with a GF Score™ of 53/100 and a GF Value™ of 円344.27 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 89 Homebuilding & Construction companies, Aida Sekkei Co ranks worse than 57.3% 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 2.06 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Aida Sekkei Co has a Altman Z-Score of 2.06, indicating it is in Grey Zones. This implies that Aida Sekkei 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 Aida Sekkei Co's Altman Z-Score or its related term are showing as below:

TSE:2990' s Altman Z-Score Range Over the Past 10 Years
Min: 1.49   Med: 1.86   Max: 2.11
Current: 2.06

During the past 8 years, Aida Sekkei Co's highest Altman Z-Score was 2.11. The lowest was 1.49. And the median was 1.86.


Aida Sekkei Co  (TSE:2990) 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.


Aida Sekkei Co Altman Z-Score Related Terms


Aida Sekkei Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Aida Sekkei 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.

Aida Sekkei Co Altman Z-Score Chart

Aida Sekkei Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 1.93 1.49 1.67 1.86 2.11

Aida Sekkei Co Semi-Annual Data
Mar19 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 1.67 0.00 1.86 0.00 2.11

TSE:2990 vs DHI, PHM, LEN: Altman Z-Score Comparison

For the Residential Construction subindustry, Aida Sekkei 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.


Aida Sekkei Co Altman Z-Score vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Aida Sekkei Co's Altman Z-Score distribution charts can be found below:

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


TSE:2990
53GF Score
Aida Sekkei Co Ltd TSE:2990
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aida Sekkei 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.

Aida Sekkei 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*0.2208+1.4*0.2487+3.3*0.0167+0.6*0.2658+1.0*1.2366
=2.06

* 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46,789 Mil.
Total Current Assets was 円36,576 Mil.
Total Current Liabilities was 円26,247 Mil.
Retained Earnings was 円11,637 Mil.
Pre-Tax Income was 円184 Mil.
Interest Expense was 円-597 Mil.
Revenue was 円57,858 Mil.
Market Cap (Today) was 円9,340 Mil.
Total Liabilities was 円35,136 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
=(36576 - 26247)/46789
=0.2208

X2=Retained Earnings/Total Assets
=11637/46789
=0.2487

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(184 - -597)/46789
=0.0167

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=9340.037/35136
=0.2658

X5=Revenue/Total Assets
=57858/46789
=1.2366

The zones of discrimination were as such:

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

Aida Sekkei Co has a Altman Z-Score of 2.06 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 2.06 mean?
Aida Sekkei Co (TSE:2990) has a Altman Z-Score of 2.06 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aida Sekkei Co and its competitors. This is 11% above median its historical median of 1.86. Over the past decade, Aida Sekkei Co's Altman Z-Score has ranged from 1.49 to 2.11. According to the industry distribution chart, Aida Sekkei Co ranks #51 out of 89 companies in the Homebuilding & Construction industry, placing it in the top 57.3%.
Is Aida Sekkei Co's Altman Z-Score too high?
Aida Sekkei Co's current Altman Z-Score of 2.06 is 11% above median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 2.11. The Homebuilding & Construction industry median Altman Z-Score is 2.23. Aida Sekkei Co's value of 2.06 is 7.6% below this industry median. Based on the distribution chart, Aida Sekkei Co ranks #51 out of 89 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Aida Sekkei Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aida Sekkei Co's Altman Z-Score compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Aida Sekkei Co ranks #51 out of 89 companies for Altman Z-Score. This places Aida Sekkei Co in the lower half of its industry. The industry median Altman Z-Score is 2.23. Aida Sekkei Co's value of 2.06 is 7.6% below this benchmark. Historically, Aida Sekkei Co's own Altman Z-Score has ranged from 1.49 to 2.11 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 2.23, Aida Sekkei Co 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 Homebuilding & Construction company?
The median Altman Z-Score among Homebuilding & Construction companies is 2.23, based on 89 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. Aida Sekkei Co's current Altman Z-Score of 2.06 is 7.6% 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 Aida Sekkei Co and its competitors. For the Homebuilding & Construction industry, the median Altman Z-Score is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aida Sekkei Co's current Altman Z-Score is 2.06, which is 11% above median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aida Sekkei Co stock overvalued right now?
Based on GuruFocus' analysis, Aida Sekkei Co (TSE:2990) is currently considered Modestly Undervalued. The stock's GF Value™ is 円344.27, compared to a current price of 円262.00 — trading 23.9% below its estimated fair value. The current Altman Z-Score is 2.06, which is 11% above median its 10-year median of 1.86 and 7.6% below the Homebuilding & Construction industry median of 2.23. Aida Sekkei Co's overall GF Score™ is 53/100 with 8 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 Aida Sekkei Co (TSE:2990), the current Altman Z-Score is 2.06 as of Jul. 04, 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 Aida Sekkei Co (TSE:2990) Overvalued in 2026?

Based on GuruFocus' analysis, Aida Sekkei Co stock appears to be undervalued. The current stock price of 円262.00 is trading 23.9% below its estimated GF Value™ of 円344.27. GuruFocus considers Aida Sekkei Co to be Modestly Undervalued.

Key valuation signals for TSE:2990:

  • Altman Z-Score: 2.06 (11% above median its 10-year median of 1.86)
  • GF Value™: 円344.27 vs. price of 円262.00 (23.9% below fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 7.6% below the Homebuilding & Construction median (#51 of 89)

No single metric tells the full story. See the TSE:2990 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aida Sekkei Co Business Description

Address 286 Sakuragicho 2-chome, Omiya-ku, Saitama-shi, Saitama, JPN, 330-0854
Aida Sekkei Co Ltd is engaged in the sales and construction of pre-build homes and custom build homes.
53GF Score

Get the complete analysis for TSE:2990

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

円262.00
Price
円344.27
GF Value