Sanko Techno Co (TSE:3435) Altman Z-Score: 3.47 (As of Aug. 30, 2026) — Near Median

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TSE:3435 Sanko Techno Co Ltd TSE:3435
79 GF Score
Price 円1,479.00
GF Value 円1,284.69
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sanko Techno Co Altman Z-Score?

Sanko Techno Co TSE:3435 +0.34% 79 Altman Z-Score is 3.47 as of Aug. 30, 2026, which is 7% below its 10-year median of 3.73. GuruFocus rates TSE:3435 with a GF Score™ of 79/100 and a GF Value™ of 円1,284.69 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,013 Industrial Products companies, Sanko Techno Co ranks worse than 50.02% 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 3.27 is strong.

Sanko Techno Co has a Altman Z-Score of 3.47, 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 Sanko Techno Co's Altman Z-Score or its related term are showing as below:

TSE:3435' s Altman Z-Score Range Over the Past 10 Years
Min: 2.92   Med: 3.73   Max: 4.27
Current: 3.27

During the past 13 years, Sanko Techno Co's highest Altman Z-Score was 4.27. The lowest was 2.92. And the median was 3.73.


Sanko Techno Co  (TSE:3435) 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.


Sanko Techno Co Altman Z-Score Related Terms


Sanko Techno Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sanko Techno 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.

Sanko Techno Co Altman Z-Score Chart

Sanko Techno 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 3.70 3.75 3.67 2.92 3.18

Sanko Techno Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.91 3.07 3.07 3.18 0.00

TSE:3435 vs CRS, ATI, MLI: Altman Z-Score Comparison

For the Metal Fabrication subindustry, Sanko Techno 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.


Sanko Techno Co Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanko Techno Co's Altman Z-Score distribution charts can be found below:

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


TSE:3435
79GF Score
Sanko Techno Co Ltd TSE:3435
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanko Techno 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.

Sanko Techno 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*0.4585+1.4*0.6434+3.3*0.0883+0.6*1.5358+1.0*0.803
=3.47

* 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28,025 Mil.
Total Current Assets was 円16,830 Mil.
Total Current Liabilities was 円3,980 Mil.
Retained Earnings was 円18,032 Mil.
Pre-Tax Income was 522.772 + 1017.861 + 354.769 + 545.724 = 円2,441 Mil.
Interest Expense was -10.28 + -9.353 + -6.119 + -6.817 = 円-33 Mil.
Revenue was 5614.047 + 6089.225 + 5396.763 + 5403.682 = 円22,504 Mil.
Market Cap (Today) was 円11,705 Mil.
Total Liabilities was 円7,622 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
=(16829.728 - 3980.368)/28024.905
=0.4585

X2=Retained Earnings/Total Assets
=18031.574/28024.905
=0.6434

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2441.126 - -32.569)/28024.905
=0.0883

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=11705.352/7621.792
=1.5358

X5=Revenue/Total Assets
=22503.717/28024.905
=0.803

The zones of discrimination were as such:

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

Sanko Techno Co has a Altman Z-Score of 3.47 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 3.47 mean?
Sanko Techno Co (TSE:3435) has a Altman Z-Score of 3.47 as of Aug. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sanko Techno Co and its competitors. This is near median its historical median of 3.73. Over the past decade, Sanko Techno Co's Altman Z-Score has ranged from 2.92 to 4.27. According to the industry distribution chart, Sanko Techno Co ranks #1507 out of 3013 companies in the Industrial Products industry, placing it in the top 50%.
Is Sanko Techno Co's Altman Z-Score too high?
Sanko Techno Co's current Altman Z-Score of 3.47 is near median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 4.27. The Industrial Products industry median Altman Z-Score is 3.27. Sanko Techno Co's value of 3.47 is 6.1% above this industry median. Based on the distribution chart, Sanko Techno Co ranks #1507 out of 3013 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sanko Techno Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanko Techno Co's Altman Z-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Sanko Techno Co ranks #1507 out of 3013 companies for Altman Z-Score. This puts Sanko Techno Co in the upper half of its industry. The industry median Altman Z-Score is 3.27. Sanko Techno Co's value of 3.47 is 6.1% above this benchmark. Historically, Sanko Techno Co's own Altman Z-Score has ranged from 2.92 to 4.27 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 3.27, Sanko Techno 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.27, based on 3,013 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. Sanko Techno Co's current Altman Z-Score of 3.47 is 6.1% 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 Sanko Techno Co and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanko Techno Co's current Altman Z-Score is 3.47, which is near median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanko Techno Co stock overvalued right now?
Based on GuruFocus' analysis, Sanko Techno Co (TSE:3435) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,284.69, compared to a current price of 円1,479.00 — trading 15.1% above its estimated fair value. The current Altman Z-Score is 3.47, which is near median its 10-year median of 3.73 and 6.1% above the Industrial Products industry median of 3.27. Sanko Techno Co's overall GF Score™ is 79/100 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 Sanko Techno Co (TSE:3435), the current Altman Z-Score is 3.47 as of Aug. 30, 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 Sanko Techno Co (TSE:3435) Overvalued in 2026?

Based on GuruFocus' analysis, Sanko Techno Co stock appears to be overvalued. The current stock price of 円1,479.00 is trading 15.1% above its estimated GF Value™ of 円1,284.69. GuruFocus considers Sanko Techno Co to be Modestly Overvalued.

Key valuation signals for TSE:3435:

  • Altman Z-Score: 3.47 (near median its 10-year median of 3.73)
  • GF Value™: 円1,284.69 vs. price of 円1,479.00 (15.1% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 6.1% above the Industrial Products median (#1507 of 3013)

No single metric tells the full story. See the TSE:3435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanko Techno Co Business Description

Address 3-10-16 Minami Nagareyama, Chiba Prefecture, Nagareyama, JPN
Sanko Techno Co Ltd is engaged in the manufacture, sale, construction, research, and development of construction materials, composites, and waterproofing materials in Japan, including anchors for concrete walls, industrial fasteners, and drill bits.
79GF Score

Get the complete analysis for TSE:3435

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

円1,479.00
Price
円1,284.69
GF Value