Bronco Billy Co (TSE:3091) Altman Z-Score: 11.69 (As of Aug. 29, 2026) — 21% Above Median

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TSE:3091 Bronco Billy Co Ltd TSE:3091
84 GF Score
Price 円2,840.00
GF Value 円2,360.92
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Bronco Billy Co Altman Z-Score?

Bronco Billy Co TSE:3091 +3.84% 84 Altman Z-Score is 11.69 as of Aug. 29, 2026, which is 21% above its 10-year median of 9.68. GuruFocus rates TSE:3091 with a GF Score™ of 84/100 and a GF Value™ of 円2,360.92 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 359 Restaurants companies, Bronco Billy Co ranks better than 96.94% 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 11.56 is strong.

Bronco Billy Co has a Altman Z-Score of 11.69, 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 Bronco Billy Co's Altman Z-Score or its related term are showing as below:

TSE:3091' s Altman Z-Score Range Over the Past 10 Years
Min: 4.12   Med: 9.68   Max: 15.95
Current: 11.56

During the past 13 years, Bronco Billy Co's highest Altman Z-Score was 15.95. The lowest was 4.12. And the median was 9.68.


Bronco Billy Co  (TSE:3091) 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.


Bronco Billy Co Altman Z-Score Related Terms


Bronco Billy Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Bronco Billy 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.

Bronco Billy Co Altman Z-Score Chart

Bronco Billy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.12 8.25 9.37 9.51 9.49

Bronco Billy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.22 10.38 9.49 10.85 9.68

TSE:3091 vs MCD, SBUX, YUM: Altman Z-Score Comparison

For the Restaurants subindustry, Bronco Billy 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.


Bronco Billy Co Altman Z-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bronco Billy Co's Altman Z-Score distribution charts can be found below:

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


TSE:3091
84GF Score
Bronco Billy Co Ltd TSE:3091
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bronco Billy 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.

Bronco Billy 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*0.2894+1.4*0.6559+3.3*0.1205+0.6*14.8374+1.0*1.1239
=11.69

* 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 Jun. 2026:
Total Assets was 円28,565 Mil.
Total Current Assets was 円13,163 Mil.
Total Current Liabilities was 円4,895 Mil.
Retained Earnings was 円18,735 Mil.
Pre-Tax Income was 904 + 1035 + 643 + 860 = 円3,442 Mil.
Interest Expense was 0 + 0 + 0 + 0 = 円0 Mil.
Revenue was 8233 + 8241 + 7750 + 7879 = 円32,103 Mil.
Market Cap (Today) was 円84,633 Mil.
Total Liabilities was 円5,704 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
=(13163 - 4895)/28565
=0.2894

X2=Retained Earnings/Total Assets
=18735/28565
=0.6559

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3442 - 0)/28565
=0.1205

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=84632.670/5704
=14.8374

X5=Revenue/Total Assets
=32103/28565
=1.1239

The zones of discrimination were as such:

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

Bronco Billy Co has a Altman Z-Score of 11.69 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 11.69 mean?
Bronco Billy Co (TSE:3091) has a Altman Z-Score of 11.69 as of Aug. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bronco Billy Co and its competitors. This is 21% above median its historical median of 9.68. Over the past decade, Bronco Billy Co's Altman Z-Score has ranged from 4.12 to 15.95. According to the industry distribution chart, Bronco Billy Co ranks #11 out of 359 companies in the Restaurants industry, placing it in the top 3.1%.
Is Bronco Billy Co's Altman Z-Score too high?
Bronco Billy Co's current Altman Z-Score of 11.69 is 21% above median its 10-year median of 9.68. Over the past 10 years, this metric has ranged from a low of 4.12 to a high of 15.95. The Restaurants industry median Altman Z-Score is 2.29. Bronco Billy Co's value of 11.69 is 410.5% above this industry median. Based on the distribution chart, Bronco Billy Co ranks #11 out of 359 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Bronco Billy Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bronco Billy Co's Altman Z-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Bronco Billy Co ranks #11 out of 359 companies for Altman Z-Score. This places Bronco Billy Co in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.29. Bronco Billy Co's value of 11.69 is 410.5% above this benchmark. Historically, Bronco Billy Co's own Altman Z-Score has ranged from 4.12 to 15.95 over the past decade. While the company's 10-year median is 9.68 vs. the industry median of 2.29, Bronco Billy 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 Restaurants company?
The median Altman Z-Score among Restaurants companies is 2.29, based on 359 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. Bronco Billy Co's current Altman Z-Score of 11.69 is 410.5% 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 Bronco Billy Co and its competitors. For the Restaurants industry, the median Altman Z-Score is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bronco Billy Co's current Altman Z-Score is 11.69, which is 21% above median its own 10-year median of 9.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bronco Billy Co stock overvalued right now?
Based on GuruFocus' analysis, Bronco Billy Co (TSE:3091) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,360.92, compared to a current price of 円2,840.00 — trading 20.3% above its estimated fair value. The current Altman Z-Score is 11.69, which is 21% above median its 10-year median of 9.68 and 410.5% above the Restaurants industry median of 2.29. Bronco Billy Co's overall GF Score™ is 84/100 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 Bronco Billy Co (TSE:3091), the current Altman Z-Score is 11.69 as of Aug. 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 Bronco Billy Co (TSE:3091) Overvalued in 2026?

Based on GuruFocus' analysis, Bronco Billy Co stock appears to be overvalued. The current stock price of 円2,840.00 is trading 20.3% above its estimated GF Value™ of 円2,360.92. GuruFocus considers Bronco Billy Co to be Modestly Overvalued.

Key valuation signals for TSE:3091:

  • Altman Z-Score: 11.69 (21% above median its 10-year median of 9.68)
  • GF Value™: 円2,360.92 vs. price of 円2,840.00 (20.3% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 410.5% above the Restaurants median (#11 of 359)

No single metric tells the full story. See the TSE:3091 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bronco Billy Co Business Description

Address 1-5 Tsubaki-cho, Nakamura-ku, BB Building, Nagoya, JPN
Bronco Billy Co Ltd is a Japan-based company engaged in the operation of chain restaurants. The company provides steaks and hamburger steaks in restaurants under the name Bronco Billy. Its offerings include steak, hamburger, chicken steak, fresh salad bar and others.
84GF Score

Get the complete analysis for TSE:3091

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

円2,840.00
Price
円2,360.92
GF Value