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Runsystem CoTSE:3326 +0.15%42 Altman Z-Score is 1.63 as of Aug. 27, 2026, which is 13% below its 10-year median of 1.87. GuruFocus rates TSE:3326 with a GF Score™ of 42/100 and a GF Value™ of 円364.95 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 835 Travel & Leisure companies, Runsystem Co ranks worse than 53.29% 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 1.84 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.
Runsystem Co has a Altman Z-Score of 1.63, 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 Runsystem Co's Altman Z-Score or its related term are showing as below:
TSE:3326'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.36 Med: 1.87 Max: 2.44
Current: 1.84
During the past 13 years, Runsystem Co's highest Altman Z-Score was 2.44. The lowest was -0.36. And the median was 1.87.
Runsystem Co (TSE:3326) 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.
Runsystem Co Altman Z-Score Related Terms
Runsystem Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Runsystem 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:3326 vs AS, HAS, LTH: Altman Z-Score Comparison
For the Leisure subindustry, Runsystem 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.
Runsystem Co Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Runsystem Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Runsystem 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.
Runsystem 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
*
-0.0514
+
1.4
*
0.0194
+
3.3
*
0.0285
+
0.6
*
0.7077
+
1.0
*
1.1421
=
1.63
* 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.
Runsystem Co (TSE:3326) has a Altman Z-Score of 1.63 as of Aug. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Runsystem Co and its competitors. This is 13% below median its historical median of 1.87. According to the industry distribution chart, Runsystem Co ranks #445 out of 835 companies in the Travel & Leisure industry, placing it in the top 53.3%.
Is Runsystem Co's Altman Z-Score too high?
Runsystem Co's current Altman Z-Score of 1.63 is 13% below median its 10-year median of 1.87. The Travel & Leisure industry median Altman Z-Score is 2.02. Runsystem Co's value of 1.63 is 19.3% below this industry median. Based on the distribution chart, Runsystem Co ranks #445 out of 835 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Runsystem Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Runsystem Co's Altman Z-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Runsystem Co ranks #445 out of 835 companies for Altman Z-Score. This places Runsystem Co in the lower half of its industry. The industry median Altman Z-Score is 2.02. Runsystem Co's value of 1.63 is 19.3% below this benchmark. While the company's 10-year median is 1.87 vs. the industry median of 2.02, Runsystem Co has consistently been below 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 2.02, based on 835 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. Runsystem Co's current Altman Z-Score of 1.63 is 19.3% below 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 Runsystem Co and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Runsystem Co's current Altman Z-Score is 1.63, which is 13% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Runsystem Co stock overvalued right now?
Based on GuruFocus' analysis, Runsystem Co (TSE:3326) is currently considered Significantly Overvalued. The stock's GF Value™ is 円364.95, compared to a current price of 円652.00 — trading 78.7% above its estimated fair value. The current Altman Z-Score is 1.63, which is 13% below median its 10-year median of 1.87 and 19.3% below the Travel & Leisure industry median of 2.02. Runsystem Co's overall GF Score™ is 42/100 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 Runsystem Co (TSE:3326), the current Altman Z-Score is 1.63 as of Aug. 27, 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 Runsystem Co (TSE:3326) Overvalued in 2026?
Based on GuruFocus' analysis, Runsystem Co stock appears to be overvalued.
The current stock price of 円652.00 is trading 78.7% above its estimated GF Value™ of 円364.95.
GuruFocus considers Runsystem Co to be Significantly Overvalued.
Key valuation signals for TSE:3326:
Altman Z-Score: 1.63 (13% below median its 10-year median of 1.87)
GF Value™: 円364.95 vs. price of 円652.00 (78.7% above fair value)
Industry Position: 19.3% below the Travel & Leisure median (#445 of 835)
No single metric tells the full story. See the TSE:3326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Runsystem Co Ltd is engaged in store management business, creation of space for self-fun, and real estate business in Japan. The company also offers own space game applications.
42GF Score
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