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Generation Pass CoTSE:3195 -2.24%51 Altman Z-Score is 5.39 as of Jul. 17, 2026, which is 0% above its 10-year median of 5.37. GuruFocus rates TSE:3195 with a GF Score™ of 51/100 and a GF Value™ of 円324.88 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,114 Retail - Cyclical companies, Generation Pass Co ranks better than 79.98% 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 5.32 is strong.
Generation Pass Co has a Altman Z-Score of 5.39, 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 Generation Pass Co's Altman Z-Score or its related term are showing as below:
TSE:3195'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.85 Med: 5.37 Max: 10.38
Current: 5.32
During the past 13 years, Generation Pass Co's highest Altman Z-Score was 10.38. The lowest was 2.85. And the median was 5.37.
Generation Pass Co (TSE:3195) 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.
Altman Z-Score does not apply to financial companies.
Generation Pass Co Altman Z-Score Related Terms
Generation Pass Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Generation Pass 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.
TSE:3195 vs AMZN, BABA, PDD: Altman Z-Score Comparison
For the Internet Retail subindustry, Generation Pass 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.
Generation Pass Co Altman Z-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Generation Pass Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Generation Pass Co's Altman Z-Score falls into.
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.
Generation Pass 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
*
0.3661
+
1.4
*
0.1612
+
3.3
*
0.041
+
0.6
*
1.6885
+
1.0
*
3.5757
=
5.39
* 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.
Generation Pass Co (TSE:3195) has a Altman Z-Score of 5.39 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Generation Pass Co and its competitors. This is near median its historical median of 5.37. Over the past decade, Generation Pass Co's Altman Z-Score has ranged from 2.85 to 10.38. According to the industry distribution chart, Generation Pass Co ranks #223 out of 1114 companies in the Retail - Cyclical industry, placing it in the top 20%.
Is Generation Pass Co's Altman Z-Score too high?
Generation Pass Co's current Altman Z-Score of 5.39 is near median its 10-year median of 5.37. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 10.38. The Retail - Cyclical industry median Altman Z-Score is 2.74. Generation Pass Co's value of 5.39 is 97.1% above this industry median. Based on the distribution chart, Generation Pass Co ranks #223 out of 1114 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Generation Pass Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Generation Pass Co's Altman Z-Score compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Generation Pass Co ranks #223 out of 1114 companies for Altman Z-Score. This places Generation Pass Co in the top 20% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.74. Generation Pass Co's value of 5.39 is 97.1% above this benchmark. Historically, Generation Pass Co's own Altman Z-Score has ranged from 2.85 to 10.38 over the past decade. While the company's 10-year median is 5.37 vs. the industry median of 2.74, Generation Pass 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.74, based on 1,114 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. Generation Pass Co's current Altman Z-Score of 5.39 is 97.1% 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 Generation Pass Co and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generation Pass Co's current Altman Z-Score is 5.39, which is near median its own 10-year median of 5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Pass Co stock overvalued right now?
Based on GuruFocus' analysis, Generation Pass Co (TSE:3195) is currently considered Significantly Overvalued. The stock's GF Value™ is 円324.88, compared to a current price of 円567.00 — trading 74.5% above its estimated fair value. The current Altman Z-Score is 5.39, which is near median its 10-year median of 5.37 and 97.1% above the Retail - Cyclical industry median of 2.74. Generation Pass Co's overall GF Score™ is 51/100 with 4 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 Generation Pass Co (TSE:3195), the current Altman Z-Score is 5.39 as of Jul. 17, 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 Generation Pass Co (TSE:3195) Overvalued in 2026?
Based on GuruFocus' analysis, Generation Pass Co stock appears to be overvalued.
The current stock price of 円567.00 is trading 74.5% above its estimated GF Value™ of 円324.88.
GuruFocus considers Generation Pass Co to be Significantly Overvalued.
Key valuation signals for TSE:3195:
Altman Z-Score: 5.39 (near median its 10-year median of 5.37)
GF Value™: 円324.88 vs. price of 円567.00 (74.5% above fair value)
Industry Position: 97.1% above the Retail - Cyclical median (#223 of 1114)
No single metric tells the full story. See the TSE:3195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Generation Pass Co Ltd provides e-commerce marketing and support services in Japan. The company's operating segments include EC Marketing Business and Product Planning related business. The EC Marketing Business involves collecting and analyzing big data from EC sites operated by the group. The Product Planning related segment is a project that utilizes the product data acquired by the company's EC marketing business, and mainly engages in planning and development of products in collaboration with manufacturers.
51GF Score
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