Urbanet Co (TSE:3242) Altman Z-Score: 1.95 (As of Aug. 01, 2026) — Near Median

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TSE:3242 Urbanet Corp Co Ltd TSE:3242
67 GF Score
Price 円503.00
GF Value 円669.77
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Urbanet Co Altman Z-Score?

Urbanet Co TSE:3242 -0.98% 67 Altman Z-Score is 1.95 as of Aug. 01, 2026, which is 2% above its 10-year median of 1.92. GuruFocus rates TSE:3242 with a GF Score™ of 67/100 and a GF Value™ of 円669.77 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,726 Real Estate companies, Urbanet Co ranks better than 73.17% 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 2.12 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.

Urbanet Co has a Altman Z-Score of 1.95, indicating it is in Grey Zones. This implies that Urbanet 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 Urbanet Co's Altman Z-Score or its related term are showing as below:

TSE:3242' s Altman Z-Score Range Over the Past 10 Years
Min: 1.28   Med: 1.92   Max: 2.55
Current: 2.12

During the past 13 years, Urbanet Co's highest Altman Z-Score was 2.55. The lowest was 1.28. And the median was 1.92.


Urbanet Co  (TSE:3242) 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.


Urbanet Co Altman Z-Score Related Terms


Urbanet Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Urbanet 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.

Urbanet Co Altman Z-Score Chart

Urbanet Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 1.90 1.86 1.98 2.04

Urbanet Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.47 2.04 2.30 2.15 0.00

Urbanet Co Altman Z-Score Competitor Comparison

For the Real Estate - Diversified subindustry, Urbanet 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.


Urbanet Co Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Urbanet Co's Altman Z-Score distribution charts can be found below:

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


TSE:3242
67GF Score
Urbanet Corp Co Ltd TSE:3242
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Urbanet 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.

Urbanet 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*0.6558+1.4*0.1524+3.3*0.0758+0.6*0.3163+1.0*0.5096
=1.95

* 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 Dec. 2025:
Total Assets was 円77,881 Mil.
Total Current Assets was 円68,443 Mil.
Total Current Liabilities was 円17,368 Mil.
Retained Earnings was 円11,867 Mil.
Pre-Tax Income was -261.912 + 0 + 2420.911 + 3238.099 = 円5,397 Mil.
Interest Expense was -196.079 + 0 + -154.567 + -158.876 = 円-510 Mil.
Revenue was 3309.651 + 0 + 14234.595 + 22142.052 = 円39,686 Mil.
Market Cap (Today) was 円18,604 Mil.
Total Liabilities was 円58,824 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
=(68443.112 - 17368.194)/77880.934
=0.6558

X2=Retained Earnings/Total Assets
=11866.596/77880.934
=0.1524

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5397.098 - -509.522)/77880.934
=0.0758

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=18603.682/58823.54
=0.3163

X5=Revenue/Total Assets
=39686.298/77880.934
=0.5096

The zones of discrimination were as such:

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

Urbanet Co has a Altman Z-Score of 1.95 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 1.95 mean?
Urbanet Co (TSE:3242) has a Altman Z-Score of 1.95 as of Aug. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Urbanet Co and its competitors. This is near median its historical median of 1.92. Over the past decade, Urbanet Co's Altman Z-Score has ranged from 1.28 to 2.55. According to the industry distribution chart, Urbanet Co ranks #463 out of 1726 companies in the Real Estate industry, placing it in the top 26.8%.
Is Urbanet Co's Altman Z-Score too high?
Urbanet Co's current Altman Z-Score of 1.95 is near median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 2.55. The Real Estate industry median Altman Z-Score is 1.31. Urbanet Co's value of 1.95 is 48.9% above this industry median. Based on the distribution chart, Urbanet Co ranks #463 out of 1726 companies in the Real Estate industry, which is above the industry midpoint. Overall, Urbanet Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Urbanet Co's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Urbanet Co ranks #463 out of 1726 companies for Altman Z-Score. This puts Urbanet Co in the upper half of its industry. The industry median Altman Z-Score is 1.31. Urbanet Co's value of 1.95 is 48.9% above this benchmark. Historically, Urbanet Co's own Altman Z-Score has ranged from 1.28 to 2.55 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.31, Urbanet 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,726 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. Urbanet Co's current Altman Z-Score of 1.95 is 48.9% 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 Urbanet Co and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Urbanet Co's current Altman Z-Score is 1.95, which is near median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Urbanet Co stock overvalued right now?
Based on GuruFocus' analysis, Urbanet Co (TSE:3242) is currently considered Modestly Undervalued. The stock's GF Value™ is 円669.77, compared to a current price of 円503.00 — trading 24.9% below its estimated fair value. The current Altman Z-Score is 1.95, which is near median its 10-year median of 1.92 and 48.9% above the Real Estate industry median of 1.31. Urbanet Co's overall GF Score™ is 67/100 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 Urbanet Co (TSE:3242), the current Altman Z-Score is 1.95 as of Aug. 01, 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 Urbanet Co (TSE:3242) Overvalued in 2026?

Based on GuruFocus' analysis, Urbanet Co stock appears to be undervalued. The current stock price of 円503.00 is trading 24.9% below its estimated GF Value™ of 円669.77. GuruFocus considers Urbanet Co to be Modestly Undervalued.

Key valuation signals for TSE:3242:

  • Altman Z-Score: 1.95 (near median its 10-year median of 1.92)
  • GF Value™: 円669.77 vs. price of 円503.00 (24.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 48.9% above the Real Estate median (#463 of 1726)

No single metric tells the full story. See the TSE:3242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Urbanet Co Business Description

Address 2-5 Kasumigaseki 3-chome, Kasumigaseki Building, 35th floor, Chiyoda-ku, Tokyo, JPN, 102-0084
Urbanet Corp Co Ltd is engaged in real estate development business which include investment for studio apartment, compact condominium, development and sale of family apartment, detached houses, real estate leasing, and real estate brokerage. The Group has two reportable segments: Real Estate Business; and Hotel Business.
67GF Score

Get the complete analysis for TSE:3242

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

円503.00
Price
円669.77
GF Value