Synchro Food CoTSE:3963 +5.23%56 Altman Z-Score is 2.18 as of Jul. 04, 2026, which is 86% below its 10-year median of 15.20. GuruFocus rates TSE:3963 with a GF Score™ of 56/100 and a GF Value™ of 円859.00 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,060 Business Services companies, Synchro Food Co ranks worse than 65.38% 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 2.18 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.
Synchro Food Co has a Altman Z-Score of 2.18, indicating it is in Grey Zones. This implies that Synchro Food Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Synchro Food Co's Altman Z-Score or its related term are showing as below:
TSE:3963'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.18 Med: 15.2 Max: 55.27
Current: 2.18
During the past 11 years, Synchro Food Co's highest Altman Z-Score was 55.27. The lowest was 2.18. And the median was 15.20.
Synchro Food Co (TSE:3963) 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.
Synchro Food Co Altman Z-Score Related Terms
Synchro Food Co Altman Z-Score Historical Data
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The historical data trend for Synchro Food 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.
TSE:3963 vs CTAS, CPRT, ULS: Altman Z-Score Comparison
For the Specialty Business Services subindustry, Synchro Food 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.
Synchro Food Co Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Synchro Food Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Synchro Food Co'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.
Synchro Food 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
*
0.2289
+
1.4
*
0.3102
+
3.3
*
0.0559
+
0.6
*
1.3403
+
1.0
*
0.4818
=
2.18
* 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.
Synchro Food Co (TSE:3963) has a Altman Z-Score of 2.18 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Synchro Food Co and its competitors. This is 86% below median its historical median of 15.20. Over the past decade, Synchro Food Co's Altman Z-Score has ranged from 2.18 to 55.27. According to the industry distribution chart, Synchro Food Co ranks #693 out of 1060 companies in the Business Services industry, placing it in the top 65.4%.
Is Synchro Food Co's Altman Z-Score too high?
Synchro Food Co's current Altman Z-Score of 2.18 is 86% below median its 10-year median of 15.20. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 55.27. The Business Services industry median Altman Z-Score is 2.97. Synchro Food Co's value of 2.18 is 26.5% below this industry median. Based on the distribution chart, Synchro Food Co ranks #693 out of 1060 companies in the Business Services industry, which is below the industry midpoint. Overall, Synchro Food Co has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Synchro Food Co's Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Synchro Food Co ranks #693 out of 1060 companies for Altman Z-Score. This places Synchro Food Co in the lower half of its industry. The industry median Altman Z-Score is 2.97. Synchro Food Co's value of 2.18 is 26.5% below this benchmark. Historically, Synchro Food Co's own Altman Z-Score has ranged from 2.18 to 55.27 over the past decade. While the company's 10-year median is 15.20 vs. the industry median of 2.97, Synchro Food Co 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, based on 1,060 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. Synchro Food Co's current Altman Z-Score of 2.18 is 26.5% 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 Synchro Food Co and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synchro Food Co's current Altman Z-Score is 2.18, which is 86% below median its own 10-year median of 15.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synchro Food Co stock overvalued right now?
Based on GuruFocus' analysis, Synchro Food Co (TSE:3963) is currently considered Possible Value Trap. The stock's GF Value™ is 円859.00, compared to a current price of 円322.00 — trading 62.5% below its estimated fair value. The current Altman Z-Score is 2.18, which is 86% below median its 10-year median of 15.20 and 26.5% below the Business Services industry median of 2.97. Synchro Food Co's overall GF Score™ is 56/100 with 7 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 Synchro Food Co (TSE:3963), the current Altman Z-Score is 2.18 as of Jul. 04, 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 Synchro Food Co (TSE:3963) Overvalued in 2026?
Based on GuruFocus' analysis, Synchro Food Co stock appears to be undervalued.
The current stock price of 円322.00 is trading 62.5% below its estimated GF Value™ of 円859.00.
GuruFocus considers Synchro Food Co to be Possible Value Trap.
Key valuation signals for TSE:3963:
Altman Z-Score: 2.18 (86% below median its 10-year median of 15.20)
GF Value™: 円859.00 vs. price of 円322.00 (62.5% below fair value)
Industry Position: 26.5% below the Business Services median (#693 of 1060)
No single metric tells the full story. See the TSE:3963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Synchro Food Co Ltd provides services and information to help restaurant owners. It offers equipment, furniture, restaurant related job information website, matching restaurant owners with interior designer and restaurant opening information website.
56GF Score
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