Sanyo Trading Co (TSE:3176) Altman Z-Score: 4.19 (As of Jul. 15, 2026) — Near Median

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TSE:3176 Sanyo Trading Co Ltd TSE:3176
93 GF Score
Price 円826.00
GF Value 円738.49
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Sanyo Trading Co Altman Z-Score?

Sanyo Trading Co TSE:3176 +2.48% 93 Altman Z-Score is 4.19 as of Jul. 15, 2026, which is 9% below its 10-year median of 4.62. GuruFocus rates TSE:3176 with a GF Score™ of 93/100 and a GF Value™ of 円738.49 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 155 Industrial Distribution companies, Sanyo Trading Co ranks better than 70.97% 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 4.17 is strong.

Sanyo Trading Co has a Altman Z-Score of 4.19, 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 Sanyo Trading Co's Altman Z-Score or its related term are showing as below:

TSE:3176' s Altman Z-Score Range Over the Past 10 Years
Min: 4.01   Med: 4.62   Max: 5.56
Current: 4.17

During the past 13 years, Sanyo Trading Co's highest Altman Z-Score was 5.56. The lowest was 4.01. And the median was 4.62.


Sanyo Trading Co  (TSE:3176) 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.


Sanyo Trading Co Altman Z-Score Related Terms


Sanyo Trading Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sanyo Trading 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.

Sanyo Trading Co Altman Z-Score Chart

Sanyo Trading Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 4.29 4.46 4.40 4.25

Sanyo Trading Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.47 4.37 4.25 4.14 4.15

TSE:3176 vs GWW, FAST, FERG: Altman Z-Score Comparison

For the Industrial Distribution subindustry, Sanyo Trading 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.


Sanyo Trading Co Altman Z-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Sanyo Trading Co's Altman Z-Score distribution charts can be found below:

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


TSE:3176
93GF Score
Sanyo Trading Co Ltd TSE:3176
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanyo Trading 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.

Sanyo Trading 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*0.5256+1.4*0.5647+3.3*0.0927+0.6*1.5+1.0*1.5648
=4.19

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was 円86,165 Mil.
Total Current Assets was 円75,072 Mil.
Total Current Liabilities was 円29,783 Mil.
Retained Earnings was 円48,661 Mil.
Pre-Tax Income was 2593 + 3230 + 443.926 + 1626.695 = 円7,894 Mil.
Interest Expense was -31 + -20 + -21.022 + -20.243 = 円-92 Mil.
Revenue was 36416 + 33842 + 33896.702 + 30678.096 = 円134,833 Mil.
Market Cap (Today) was 円47,619 Mil.
Total Liabilities was 円31,747 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
=(75072 - 29783)/86165
=0.5256

X2=Retained Earnings/Total Assets
=48661/86165
=0.5647

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(7893.621 - -92.265)/86165
=0.0927

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=47619.351/31747
=1.5

X5=Revenue/Total Assets
=134832.798/86165
=1.5648

The zones of discrimination were as such:

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

Sanyo Trading Co has a Altman Z-Score of 4.19 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 4.19 mean?
Sanyo Trading Co (TSE:3176) has a Altman Z-Score of 4.19 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sanyo Trading Co and its competitors. This is near median its historical median of 4.62. Over the past decade, Sanyo Trading Co's Altman Z-Score has ranged from 4.01 to 5.56. According to the industry distribution chart, Sanyo Trading Co ranks #45 out of 155 companies in the Industrial Distribution industry, placing it in the top 29%.
Is Sanyo Trading Co's Altman Z-Score too high?
Sanyo Trading Co's current Altman Z-Score of 4.19 is near median its 10-year median of 4.62. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 5.56. The Industrial Distribution industry median Altman Z-Score is 3.23. Sanyo Trading Co's value of 4.19 is 29.7% above this industry median. Based on the distribution chart, Sanyo Trading Co ranks #45 out of 155 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Sanyo Trading Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanyo Trading Co's Altman Z-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Sanyo Trading Co ranks #45 out of 155 companies for Altman Z-Score. This puts Sanyo Trading Co in the upper half of its industry. The industry median Altman Z-Score is 3.23. Sanyo Trading Co's value of 4.19 is 29.7% above this benchmark. Historically, Sanyo Trading Co's own Altman Z-Score has ranged from 4.01 to 5.56 over the past decade. While the company's 10-year median is 4.62 vs. the industry median of 3.23, Sanyo Trading 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 an Industrial Distribution company?
The median Altman Z-Score among Industrial Distribution companies is 3.23, based on 155 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. Sanyo Trading Co's current Altman Z-Score of 4.19 is 29.7% 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 Sanyo Trading Co and its competitors. For the Industrial Distribution industry, the median Altman Z-Score is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanyo Trading Co's current Altman Z-Score is 4.19, which is near median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanyo Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Sanyo Trading Co (TSE:3176) is currently considered Modestly Overvalued. The stock's GF Value™ is 円738.49, compared to a current price of 円826.00 — trading 11.8% above its estimated fair value. The current Altman Z-Score is 4.19, which is near median its 10-year median of 4.62 and 29.7% above the Industrial Distribution industry median of 3.23. Sanyo Trading Co's overall GF Score™ is 93/100 with 5 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 Sanyo Trading Co (TSE:3176), the current Altman Z-Score is 4.19 as of Jul. 15, 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 Sanyo Trading Co (TSE:3176) Overvalued in 2026?

Based on GuruFocus' analysis, Sanyo Trading Co stock appears to be overvalued. The current stock price of 円826.00 is trading 11.8% above its estimated GF Value™ of 円738.49. GuruFocus considers Sanyo Trading Co to be Modestly Overvalued.

Key valuation signals for TSE:3176:

  • Altman Z-Score: 4.19 (near median its 10-year median of 4.62)
  • GF Value™: 円738.49 vs. price of 円826.00 (11.8% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 29.7% above the Industrial Distribution median (#45 of 155)

No single metric tells the full story. See the TSE:3176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanyo Trading Co Business Description

Address Sanyo-Yasuda Building, 2-11, Kanda Nishiki-Cho Chiyoda-ku, Tokyo, JPN, 101-0054
Sanyo Trading Co Ltd is a Japanese trading company. The company deals in rubber goods, chemicals, scientific instruments, industrial products, and environmental goods.
93GF Score

Get the complete analysis for TSE:3176

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

円826.00
Price
円738.49
GF Value