AZUMA HOUSE Co (TSE:3293) Altman Z-Score: 1.61 (As of Jul. 05, 2026) — Near Median


TSE:3293 AZUMA HOUSE Co Ltd TSE:3293
47 GF Score
Price 円760.00
GF Value 円639.27
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is AZUMA HOUSE Co Altman Z-Score?

AZUMA HOUSE Co TSE:3293 -0.26% 47 Altman Z-Score is 1.61 as of Jul. 05, 2026, which is 5% below its 10-year median of 1.69. GuruFocus rates TSE:3293 with a GF Score™ of 47/100 and a GF Value™ of 円639.27 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,729 Real Estate companies, AZUMA HOUSE Co ranks better than 60.09% 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 1.61 is in distress zone. This implies bankruptcy possibility in the next two years.

AZUMA HOUSE Co has a Altman Z-Score of 1.61, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 AZUMA HOUSE Co's Altman Z-Score or its related term are showing as below:

TSE:3293' s Altman Z-Score Range Over the Past 10 Years
Min: 1.5   Med: 1.69   Max: 1.81
Current: 1.61

During the past 13 years, AZUMA HOUSE Co's highest Altman Z-Score was 1.81. The lowest was 1.50. And the median was 1.69.


AZUMA HOUSE Co  (TSE:3293) 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.


AZUMA HOUSE Co Altman Z-Score Related Terms


AZUMA HOUSE Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for AZUMA HOUSE 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.

AZUMA HOUSE Co Altman Z-Score Chart

AZUMA HOUSE Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.77 1.68 1.70 1.62

AZUMA HOUSE Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.68 1.53 1.70 0.00 1.62

AZUMA HOUSE Co Altman Z-Score Competitor Comparison

For the Real Estate - Development subindustry, AZUMA HOUSE 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.


AZUMA HOUSE Co Altman Z-Score vs Real Estate Industry

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

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


TSE:3293
47GF Score
AZUMA HOUSE Co Ltd TSE:3293
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AZUMA HOUSE 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.

AZUMA HOUSE 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*0.1508+1.4*0.5044+3.3*0.0345+0.6*0.4144+1.0*0.3626
=1.61

* 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32,056 Mil.
Total Current Assets was 円8,781 Mil.
Total Current Liabilities was 円3,945 Mil.
Retained Earnings was 円16,169 Mil.
Pre-Tax Income was 円901 Mil.
Interest Expense was 円-205 Mil.
Revenue was 円11,622 Mil.
Market Cap (Today) was 円6,118 Mil.
Total Liabilities was 円14,763 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
=(8780.79 - 3945.111)/32056.36
=0.1508

X2=Retained Earnings/Total Assets
=16168.972/32056.36
=0.5044

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(900.937 - -204.816)/32056.36
=0.0345

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=6118.126/14763.338
=0.4144

X5=Revenue/Total Assets
=11622.373/32056.36
=0.3626

The zones of discrimination were as such:

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

AZUMA HOUSE Co has a Altman Z-Score of 1.61 indicating it is in Distress 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 1.61 mean?
AZUMA HOUSE Co (TSE:3293) has a Altman Z-Score of 1.61 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on AZUMA HOUSE Co and its competitors. This is near median its historical median of 1.69. Over the past decade, AZUMA HOUSE Co's Altman Z-Score has ranged from 1.50 to 1.81. According to the industry distribution chart, AZUMA HOUSE Co ranks #690 out of 1729 companies in the Real Estate industry, placing it in the top 39.9%.
Is AZUMA HOUSE Co's Altman Z-Score too high?
AZUMA HOUSE Co's current Altman Z-Score of 1.61 is near median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 1.81. The Real Estate industry median Altman Z-Score is 1.30. AZUMA HOUSE Co's value of 1.61 is 23.8% above this industry median. Based on the distribution chart, AZUMA HOUSE Co ranks #690 out of 1729 companies in the Real Estate industry, which is above the industry midpoint. Overall, AZUMA HOUSE Co has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AZUMA HOUSE Co's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, AZUMA HOUSE Co ranks #690 out of 1729 companies for Altman Z-Score. This puts AZUMA HOUSE Co in the upper half of its industry. The industry median Altman Z-Score is 1.30. AZUMA HOUSE Co's value of 1.61 is 23.8% above this benchmark. Historically, AZUMA HOUSE Co's own Altman Z-Score has ranged from 1.50 to 1.81 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.30, AZUMA HOUSE 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 1.30, based on 1,729 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. AZUMA HOUSE Co's current Altman Z-Score of 1.61 is 23.8% 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 AZUMA HOUSE Co and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AZUMA HOUSE Co's current Altman Z-Score is 1.61, which is near median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AZUMA HOUSE Co stock overvalued right now?
Based on GuruFocus' analysis, AZUMA HOUSE Co (TSE:3293) is currently considered Modestly Overvalued. The stock's GF Value™ is 円639.27, compared to a current price of 円760.00 — trading 18.9% above its estimated fair value. The current Altman Z-Score is 1.61, which is near median its 10-year median of 1.69 and 23.8% above the Real Estate industry median of 1.30. AZUMA HOUSE Co's overall GF Score™ is 47/100 with 7 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 AZUMA HOUSE Co (TSE:3293), the current Altman Z-Score is 1.61 as of Jul. 05, 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 AZUMA HOUSE Co (TSE:3293) Overvalued in 2026?

Based on GuruFocus' analysis, AZUMA HOUSE Co stock appears to be overvalued. The current stock price of 円760.00 is trading 18.9% above its estimated GF Value™ of 円639.27. GuruFocus considers AZUMA HOUSE Co to be Modestly Overvalued.

Key valuation signals for TSE:3293:

  • Altman Z-Score: 1.61 (near median its 10-year median of 1.69)
  • GF Value™: 円639.27 vs. price of 円760.00 (18.9% above fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 23.8% above the Real Estate median (#690 of 1729)

No single metric tells the full story. See the TSE:3293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AZUMA HOUSE Co Business Description

Address Azma House Building 3rd Floor, Kuroda 1 - chome 2 - 17, Wakayama, JPN, 6408341
AZUMA HOUSE Co Ltd is a real estate company engaged in construction and distribution of residential houses built for sale, the sale of land and the provision of building renovation service and real estate brokerage service.
47GF Score

Get the complete analysis for TSE:3293

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

円760.00
Price
円639.27
GF Value