Digital PlusTSE:3691 +4.59%54 Altman Z-Score is 1.61 as of Jul. 10, 2026, which is 19% below its 10-year median of 1.99. GuruFocus rates TSE:3691 with a GF Score™ of 54/100 and a GF Value™ of 円990.02 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 549 Interactive Media companies, Digital Plus ranks worse than 57.92% 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 2.37 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.
Digital Plus has a Altman Z-Score of 1.61, 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 Digital Plus's Altman Z-Score or its related term are showing as below:
TSE:3691'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.47 Med: 1.99 Max: 5.96
Current: 2.37
During the past 13 years, Digital Plus's highest Altman Z-Score was 5.96. The lowest was 0.47. And the median was 1.99.
Digital Plus (TSE:3691) 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.
Digital Plus Altman Z-Score Related Terms
Digital Plus Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Digital Plus'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:3691 vs GOOGL, META, SPOT: Altman Z-Score Comparison
For the Internet Content & Information subindustry, Digital Plus'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.
Digital Plus Altman Z-Score vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Digital Plus's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Digital Plus'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.
Digital Plus'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
*
0.087
+
1.4
*
0.0677
+
3.3
*
-0.0175
+
0.6
*
2.0003
+
1.0
*
0.2679
=
1.61
* 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.
Digital Plus (TSE:3691) has a Altman Z-Score of 1.61 as of Jul. 10, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Digital Plus and its competitors. This is 19% below median its historical median of 1.99. Over the past decade, Digital Plus' Altman Z-Score has ranged from 0.47 to 5.96. According to the industry distribution chart, Digital Plus ranks #318 out of 549 companies in the Interactive Media industry, placing it in the top 57.9%.
Is Digital Plus' Altman Z-Score too high?
Digital Plus' current Altman Z-Score of 1.61 is 19% below median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 5.96. The Interactive Media industry median Altman Z-Score is 3.04. Digital Plus' value of 1.61 is 47% below this industry median. Based on the distribution chart, Digital Plus ranks #318 out of 549 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Digital Plus has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Plus' Altman Z-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Digital Plus ranks #318 out of 549 companies for Altman Z-Score. This places Digital Plus in the lower half of its industry. The industry median Altman Z-Score is 3.04. Digital Plus' value of 1.61 is 47% below this benchmark. Historically, Digital Plus' own Altman Z-Score has ranged from 0.47 to 5.96 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 3.04, Digital Plus 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 an Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.04, based on 549 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. Digital Plus's current Altman Z-Score of 1.61 is 47% 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 Digital Plus and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Plus's current Altman Z-Score is 1.61, which is 19% below median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Plus stock overvalued right now?
Based on GuruFocus' analysis, Digital Plus (TSE:3691) is currently considered Significantly Overvalued. The stock's GF Value™ is 円990.02, compared to a current price of 円1,663.00 — trading 68% above its estimated fair value. The current Altman Z-Score is 1.61, which is 19% below median its 10-year median of 1.99 and 47% below the Interactive Media industry median of 3.04. Digital Plus' overall GF Score™ is 54/100 with 9 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 Digital Plus (TSE:3691), the current Altman Z-Score is 1.61 as of Jul. 10, 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 Digital Plus (TSE:3691) Overvalued in 2026?
Based on GuruFocus' analysis, Digital Plus stock appears to be overvalued.
The current stock price of 円1,663.00 is trading 68% above its estimated GF Value™ of 円990.02.
GuruFocus considers Digital Plus to be Significantly Overvalued.
Key valuation signals for TSE:3691:
Altman Z-Score: 1.61 (19% below median its 10-year median of 1.99)
GF Value™: 円990.02 vs. price of 円1,663.00 (68% above fair value)
Industry Position: 47% below the Interactive Media median (#318 of 549)
No single metric tells the full story. See the TSE:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digital Plus Inc formerly Realworld Inc provides crowd sourcing services. The Company also offers cloud media and point exchange services. The Group is comprises of service segments based on business divisions that provide different services, with two reportable segments being the Digital Marketing Business and the FinTech Business. Digital marketing segments manages advertising agency, solution development and sales, consulting services Owned media management and alliance media management. The Fintech includes operation of Digital wallet, application of new technologies such as the blockchain used in Bitcoin, business development in the financial field such as investment, factoring.
54GF Score
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