Marimo Regional Revitalization REIT (TSE:3470) Altman Z-Score: 0.68 (As of Jul. 12, 2026) — 11% Below Median


TSE:3470 Marimo Regional Revitalization REIT Inc TSE:3470
53 GF Score
Price 円106,700.00
GF Value 円132,997.96
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Marimo Regional Revitalization REIT Altman Z-Score?

Marimo Regional Revitalization REIT TSE:3470 +0.28% 53 Altman Z-Score is 0.68 as of Jul. 12, 2026, which is 11% below its 10-year median of 0.76. GuruFocus rates TSE:3470 with a GF Score™ of 53/100 and a GF Value™ of 円132,997.96 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 735 REITs companies, Marimo Regional Revitalization REIT ranks worse than 73.74% 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 0.68 is in distress zone. This implies bankruptcy possibility in the next two years.

Marimo Regional Revitalization REIT has a Altman Z-Score of 0.68, 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 Marimo Regional Revitalization REIT's Altman Z-Score or its related term are showing as below:

TSE:3470' s Altman Z-Score Range Over the Past 10 Years
Min: 0.58   Med: 0.76   Max: 0.99
Current: 0.68

During the past 10 years, Marimo Regional Revitalization REIT's highest Altman Z-Score was 0.99. The lowest was 0.58. And the median was 0.76.


Marimo Regional Revitalization REIT  (TSE:3470) 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.


Marimo Regional Revitalization REIT Altman Z-Score Related Terms


Marimo Regional Revitalization REIT Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Marimo Regional Revitalization REIT'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.

Marimo Regional Revitalization REIT Altman Z-Score Chart

Marimo Regional Revitalization REIT Annual Data
Trend Jul16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.85 0.78 0.68 0.69

Marimo Regional Revitalization REIT Semi-Annual Data
Jul16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.78 0.00 0.68 0.00 0.69

TSE:3470 vs VICI, WPC: Altman Z-Score Comparison

For the REIT - Diversified subindustry, Marimo Regional Revitalization REIT'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.


Marimo Regional Revitalization REIT Altman Z-Score vs REITs Industry

For the REITs industry and Real Estate sector, Marimo Regional Revitalization REIT's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Marimo Regional Revitalization REIT's Altman Z-Score falls into.


TSE:3470
53GF Score
Marimo Regional Revitalization REIT Inc TSE:3470
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marimo Regional Revitalization REIT 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.

Marimo Regional Revitalization REIT'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*0.0014+1.4*0.0122+3.3*0.0323+0.6*0.7886+1.0*0.0833
=0.68

* 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68,094 Mil.
Total Current Assets was 円7,420 Mil.
Total Current Liabilities was 円7,323 Mil.
Retained Earnings was 円834 Mil.
Pre-Tax Income was 円1,754 Mil.
Interest Expense was 円-445 Mil.
Revenue was 円5,671 Mil.
Market Cap (Today) was 円30,035 Mil.
Total Liabilities was 円38,085 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
=(7419.852 - 7323.278)/68093.784
=0.0014

X2=Retained Earnings/Total Assets
=833.579/68093.784
=0.0122

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1754.35 - -444.54)/68093.784
=0.0323

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=30035.410/38084.932
=0.7886

X5=Revenue/Total Assets
=5671.474/68093.784
=0.0833

The zones of discrimination were as such:

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

Marimo Regional Revitalization REIT has a Altman Z-Score of 0.68 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 0.68 mean?
Marimo Regional Revitalization REIT (TSE:3470) has a Altman Z-Score of 0.68 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Marimo Regional Revitalization REIT and its competitors. This is 11% below median its historical median of 0.76. Over the past decade, Marimo Regional Revitalization REIT's Altman Z-Score has ranged from 0.58 to 0.99. According to the industry distribution chart, Marimo Regional Revitalization REIT ranks #542 out of 735 companies in the REITs industry, placing it in the top 73.7%.
Is Marimo Regional Revitalization REIT's Altman Z-Score too high?
Marimo Regional Revitalization REIT's current Altman Z-Score of 0.68 is 11% below median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 0.99. The REITs industry median Altman Z-Score is 1.08. Marimo Regional Revitalization REIT's value of 0.68 is 37% below this industry median. Based on the distribution chart, Marimo Regional Revitalization REIT ranks #542 out of 735 companies in the REITs industry, which is below the industry midpoint. Overall, Marimo Regional Revitalization REIT has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marimo Regional Revitalization REIT's Altman Z-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Marimo Regional Revitalization REIT ranks #542 out of 735 companies for Altman Z-Score. This places Marimo Regional Revitalization REIT in the lower half of its industry. The industry median Altman Z-Score is 1.08. Marimo Regional Revitalization REIT's value of 0.68 is 37% below this benchmark. Historically, Marimo Regional Revitalization REIT's own Altman Z-Score has ranged from 0.58 to 0.99 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.08, Marimo Regional Revitalization REIT 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 REITs company?
The median Altman Z-Score among REITs companies is 1.08, based on 735 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. Marimo Regional Revitalization REIT's current Altman Z-Score of 0.68 is 37% 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 Marimo Regional Revitalization REIT and its competitors. For the REITs industry, the median Altman Z-Score is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marimo Regional Revitalization REIT's current Altman Z-Score is 0.68, which is 11% below median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marimo Regional Revitalization REIT stock overvalued right now?
Based on GuruFocus' analysis, Marimo Regional Revitalization REIT (TSE:3470) is currently considered Modestly Undervalued. The stock's GF Value™ is 円132,997.96, compared to a current price of 円106,700.00 — trading 19.8% below its estimated fair value. The current Altman Z-Score is 0.68, which is 11% below median its 10-year median of 0.76 and 37% below the REITs industry median of 1.08. Marimo Regional Revitalization REIT's overall GF Score™ is 53/100 with 5 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 Marimo Regional Revitalization REIT (TSE:3470), the current Altman Z-Score is 0.68 as of Jul. 12, 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 Marimo Regional Revitalization REIT (TSE:3470) Overvalued in 2026?

Based on GuruFocus' analysis, Marimo Regional Revitalization REIT stock appears to be undervalued. The current stock price of 円106,700.00 is trading 19.8% below its estimated GF Value™ of 円132,997.96. GuruFocus considers Marimo Regional Revitalization REIT to be Modestly Undervalued.

Key valuation signals for TSE:3470:

  • Altman Z-Score: 0.68 (11% below median its 10-year median of 0.76)
  • GF Value™: 円132,997.96 vs. price of 円106,700.00 (19.8% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 37% below the REITs median (#542 of 735)

No single metric tells the full story. See the TSE:3470 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marimo Regional Revitalization REIT Business Description

Industry Real EstateREITs
Address 2-3-17 Toranomon, Minato-ku, Tokyo, JPN, 105-0001
Marimo Regional Revitalization REIT Inc is a real estate investment trust engaged in investing in housing and urban development, commercial facility, hotel, and office properties. It operates in local cities in Japan.
53GF Score

Get the complete analysis for TSE:3470

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

円106,700.00
Price
円132,997.96
GF Value