Maruchiyo Yamaokaya (TSE:3399) Altman Z-Score: 8.96 (As of Jul. 02, 2026) — 166% Above Median


TSE:3399 Maruchiyo Yamaokaya Corp TSE:3399
73 GF Score
Price 円3,275.00
GF Value 円2,849.35
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Maruchiyo Yamaokaya Altman Z-Score?

Maruchiyo Yamaokaya TSE:3399 -1.06% 73 Altman Z-Score is 8.96 as of Jul. 02, 2026, which is 166% above its 10-year median of 3.37. GuruFocus rates TSE:3399 with a GF Score™ of 73/100 and a GF Value™ of 円2,849.35 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 358 Restaurants companies, Maruchiyo Yamaokaya ranks better than 94.97% 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 9.14 is strong.

Maruchiyo Yamaokaya has a Altman Z-Score of 8.96, 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 Maruchiyo Yamaokaya's Altman Z-Score or its related term are showing as below:

TSE:3399' s Altman Z-Score Range Over the Past 10 Years
Min: 2.88   Med: 3.37   Max: 9.14
Current: 9.14

During the past 13 years, Maruchiyo Yamaokaya's highest Altman Z-Score was 9.14. The lowest was 2.88. And the median was 3.37.


Maruchiyo Yamaokaya  (TSE:3399) 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.


Maruchiyo Yamaokaya Altman Z-Score Related Terms


Maruchiyo Yamaokaya Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Maruchiyo Yamaokaya'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.

Maruchiyo Yamaokaya Altman Z-Score Chart

Maruchiyo Yamaokaya Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 3.29 5.47 6.86 8.93

Maruchiyo Yamaokaya Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 5.47 6.78 6.86 7.54 8.93

TSE:3399 vs MCD, SBUX, YUM: Altman Z-Score Comparison

For the Restaurants subindustry, Maruchiyo Yamaokaya'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.


Maruchiyo Yamaokaya Altman Z-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Maruchiyo Yamaokaya's Altman Z-Score distribution charts can be found below:

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


TSE:3399
73GF Score
Maruchiyo Yamaokaya Corp TSE:3399
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruchiyo Yamaokaya 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.

Maruchiyo Yamaokaya'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*0.1633+1.4*0.5293+3.3*0.2655+0.6*7.9976+1.0*2.352
=8.96

* 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 Jan. 2026:
Total Assets was 円18,283 Mil.
Total Current Assets was 円9,843 Mil.
Total Current Liabilities was 円6,858 Mil.
Retained Earnings was 円9,677 Mil.
Pre-Tax Income was 円4,826 Mil.
Interest Expense was 円-28 Mil.
Revenue was 円43,001 Mil.
Market Cap (Today) was 円65,206 Mil.
Total Liabilities was 円8,153 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
=(9843.482 - 6857.875)/18282.983
=0.1633

X2=Retained Earnings/Total Assets
=9677.475/18282.983
=0.5293

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4826.278 - -28.094)/18282.983
=0.2655

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=65205.994/8153.145
=7.9976

X5=Revenue/Total Assets
=43000.813/18282.983
=2.352

The zones of discrimination were as such:

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

Maruchiyo Yamaokaya has a Altman Z-Score of 8.96 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 8.96 mean?
Maruchiyo Yamaokaya (TSE:3399) has a Altman Z-Score of 8.96 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Maruchiyo Yamaokaya and its competitors. This is 166% above median its historical median of 3.37. Over the past decade, Maruchiyo Yamaokaya's Altman Z-Score has ranged from 2.88 to 9.14. According to the industry distribution chart, Maruchiyo Yamaokaya ranks #18 out of 358 companies in the Restaurants industry, placing it in the top 5%.
Is Maruchiyo Yamaokaya's Altman Z-Score too high?
Maruchiyo Yamaokaya's current Altman Z-Score of 8.96 is 166% above median its 10-year median of 3.37. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 9.14. The Restaurants industry median Altman Z-Score is 2.24. Maruchiyo Yamaokaya's value of 8.96 is 300% above this industry median. Based on the distribution chart, Maruchiyo Yamaokaya ranks #18 out of 358 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Maruchiyo Yamaokaya has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruchiyo Yamaokaya's Altman Z-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Maruchiyo Yamaokaya ranks #18 out of 358 companies for Altman Z-Score. This places Maruchiyo Yamaokaya in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.24. Maruchiyo Yamaokaya's value of 8.96 is 300% above this benchmark. Historically, Maruchiyo Yamaokaya's own Altman Z-Score has ranged from 2.88 to 9.14 over the past decade. While the company's 10-year median is 3.37 vs. the industry median of 2.24, Maruchiyo Yamaokaya 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 Restaurants company?
The median Altman Z-Score among Restaurants companies is 2.24, based on 358 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. Maruchiyo Yamaokaya's current Altman Z-Score of 8.96 is 300% 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 Maruchiyo Yamaokaya and its competitors. For the Restaurants industry, the median Altman Z-Score is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruchiyo Yamaokaya's current Altman Z-Score is 8.96, which is 166% above median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruchiyo Yamaokaya stock overvalued right now?
Based on GuruFocus' analysis, Maruchiyo Yamaokaya (TSE:3399) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,849.35, compared to a current price of 円3,275.00 — trading 14.9% above its estimated fair value. The current Altman Z-Score is 8.96, which is 166% above median its 10-year median of 3.37 and 300% above the Restaurants industry median of 2.24. Maruchiyo Yamaokaya's overall GF Score™ is 73/100 with 1 warning sign 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 Maruchiyo Yamaokaya (TSE:3399), the current Altman Z-Score is 8.96 as of Jul. 02, 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 Maruchiyo Yamaokaya (TSE:3399) Overvalued in 2026?

Based on GuruFocus' analysis, Maruchiyo Yamaokaya stock appears to be overvalued. The current stock price of 円3,275.00 is trading 14.9% above its estimated GF Value™ of 円2,849.35. GuruFocus considers Maruchiyo Yamaokaya to be Modestly Overvalued.

Key valuation signals for TSE:3399:

  • Altman Z-Score: 8.96 (166% above median its 10-year median of 3.37)
  • GF Value™: 円2,849.35 vs. price of 円3,275.00 (14.9% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 300% above the Restaurants median (#18 of 358)

No single metric tells the full story. See the TSE:3399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruchiyo Yamaokaya Business Description

Address 7-1-chome, Higashi Ganboshi East Hall, 4-32, Hokkaido, Sapporo, JPN, 007-0827
Maruchiyo Yamaokaya Corp is engaged in operating a direct chain ramen noodle restaurants called Ramen Yamaokaya mainly in Hokkaido and Kanto area. It has more than twenty-five types of regular menu. Its menu includes soy sauce, miso, salt, special miso, spicy miso, Premium soy sauce, and premium salt.
73GF Score

Get the complete analysis for TSE:3399

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

円3,275.00
Price
円2,849.35
GF Value