ZIGExN Co (TSE:3679) Altman Z-Score: 3.43 (As of Jul. 03, 2026) — 33% Below Median


TSE:3679 ZIGExN Co Ltd TSE:3679
79 GF Score
Price 円391.00
GF Value 円685.01
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is ZIGExN Co Altman Z-Score?

ZIGExN Co TSE:3679 -0.76% 79 Altman Z-Score is 3.43 as of Jul. 03, 2026, which is 33% below its 10-year median of 5.11. GuruFocus rates TSE:3679 with a GF Score™ of 79/100 and a GF Value™ of 円685.01 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 548 Interactive Media companies, ZIGExN Co ranks better than 53.28% 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 3.4 is strong.

ZIGExN Co has a Altman Z-Score of 3.43, 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 ZIGExN Co's Altman Z-Score or its related term are showing as below:

TSE:3679' s Altman Z-Score Range Over the Past 10 Years
Min: 3.4   Med: 5.11   Max: 11.19
Current: 3.4

During the past 13 years, ZIGExN Co's highest Altman Z-Score was 11.19. The lowest was 3.40. And the median was 5.11.


ZIGExN Co  (TSE:3679) 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.


ZIGExN Co Altman Z-Score Related Terms


ZIGExN Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for ZIGExN 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.

ZIGExN Co Altman Z-Score Chart

ZIGExN 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 5.21 3.94 4.64 3.56 3.49

ZIGExN Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.56 4.13 3.80 3.67 3.49

TSE:3679 vs GOOGL, META, SPOT: Altman Z-Score Comparison

For the Internet Content & Information subindustry, ZIGExN 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.


ZIGExN Co Altman Z-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ZIGExN Co's Altman Z-Score distribution charts can be found below:

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


TSE:3679
79GF Score
ZIGExN Co Ltd TSE:3679
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZIGExN 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.

ZIGExN 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*0.1066+1.4*0.5784+3.3*0.1476+0.6*2.1419+1.0*0.7205
=3.43

* 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40,556 Mil.
Total Current Assets was 円19,727 Mil.
Total Current Liabilities was 円15,404 Mil.
Retained Earnings was 円23,458 Mil.
Pre-Tax Income was 1754 + 1313 + 1470 + 1409 = 円5,946 Mil.
Interest Expense was -13 + -12 + -3 + -11 = 円-39 Mil.
Revenue was 8330 + 7115 + 7017 + 6759 = 円29,221 Mil.
Market Cap (Today) was 円38,775 Mil.
Total Liabilities was 円18,103 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
=(19727 - 15404)/40556
=0.1066

X2=Retained Earnings/Total Assets
=23458/40556
=0.5784

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5946 - -39)/40556
=0.1476

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=38775.214/18103
=2.1419

X5=Revenue/Total Assets
=29221/40556
=0.7205

The zones of discrimination were as such:

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

ZIGExN Co has a Altman Z-Score of 3.43 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 3.43 mean?
ZIGExN Co (TSE:3679) has a Altman Z-Score of 3.43 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on ZIGExN Co and its competitors. This is 33% below median its historical median of 5.11. Over the past decade, ZIGExN Co's Altman Z-Score has ranged from 3.40 to 11.19. According to the industry distribution chart, ZIGExN Co ranks #256 out of 548 companies in the Interactive Media industry, placing it in the top 46.7%.
Is ZIGExN Co's Altman Z-Score too high?
ZIGExN Co's current Altman Z-Score of 3.43 is 33% below median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 11.19. The Interactive Media industry median Altman Z-Score is 3.03. ZIGExN Co's value of 3.43 is 13.2% above this industry median. Based on the distribution chart, ZIGExN Co ranks #256 out of 548 companies in the Interactive Media industry, which is above the industry midpoint. Overall, ZIGExN Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ZIGExN Co's Altman Z-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, ZIGExN Co ranks #256 out of 548 companies for Altman Z-Score. This puts ZIGExN Co in the upper half of its industry. The industry median Altman Z-Score is 3.03. ZIGExN Co's value of 3.43 is 13.2% above this benchmark. Historically, ZIGExN Co's own Altman Z-Score has ranged from 3.40 to 11.19 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 3.03, ZIGExN 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 Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.03, based on 548 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. ZIGExN Co's current Altman Z-Score of 3.43 is 13.2% 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 ZIGExN Co and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZIGExN Co's current Altman Z-Score is 3.43, which is 33% below median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZIGExN Co stock overvalued right now?
Based on GuruFocus' analysis, ZIGExN Co (TSE:3679) is currently considered Possible Value Trap. The stock's GF Value™ is 円685.01, compared to a current price of 円391.00 — trading 42.9% below its estimated fair value. The current Altman Z-Score is 3.43, which is 33% below median its 10-year median of 5.11 and 13.2% above the Interactive Media industry median of 3.03. ZIGExN Co's overall GF Score™ is 79/100 with 2 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 ZIGExN Co (TSE:3679), the current Altman Z-Score is 3.43 as of Jul. 03, 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 ZIGExN Co (TSE:3679) Overvalued in 2026?

Based on GuruFocus' analysis, ZIGExN Co stock appears to be undervalued. The current stock price of 円391.00 is trading 42.9% below its estimated GF Value™ of 円685.01. GuruFocus considers ZIGExN Co to be Possible Value Trap.

Key valuation signals for TSE:3679:

  • Altman Z-Score: 3.43 (33% below median its 10-year median of 5.11)
  • GF Value™: 円685.01 vs. price of 円391.00 (42.9% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 13.2% above the Interactive Media median (#256 of 548)

No single metric tells the full story. See the TSE:3679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZIGExN Co Business Description

Other Exchanges ZGXNF:USAZGE:Germany
Address 3-4-8 Toranomon, 5th FloorMinato-k, Tokyo, JPN, 105-0001
ZIGExN Co Ltd develops and operates the internet media platforms called EX Sites that provide information from multiple media and submit user's requests to multiple media in one access. The company's Life Media Platform business developed services to a wide range of areas related to daily life. The company operates career change EX, an employment site, Rent SMOCCA EX, a search site for real estate information, Pharmacist jobs EX, a pharmacist job search site, among others.
79GF Score

Get the complete analysis for TSE:3679

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

円391.00
Price
円685.01
GF Value