Konoshima Chemical Co (TSE:4026) Altman Z-Score: 2.20 (As of Jul. 11, 2026) — 11% Above Median


TSE:4026 Konoshima Chemical Co Ltd TSE:4026
72 GF Score
Price 円1,573.00
GF Value 円1,679.11
Valuation Fairly Valued
! 6 Warning Signs
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What is Konoshima Chemical Co Altman Z-Score?

Konoshima Chemical Co TSE:4026 +0.32% 72 Altman Z-Score is 2.20 as of Jul. 11, 2026, which is 11% above its 10-year median of 1.99. GuruFocus rates TSE:4026 with a GF Score™ of 72/100 and a GF Value™ of 円1,679.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,755 Construction companies, Konoshima Chemical Co ranks worse than 52.88% 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 2.2 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.

Konoshima Chemical Co has a Altman Z-Score of 2.20, indicating it is in Grey Zones. This implies that Konoshima Chemical 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 Konoshima Chemical Co's Altman Z-Score or its related term are showing as below:

TSE:4026' s Altman Z-Score Range Over the Past 10 Years
Min: 1.78   Med: 1.99   Max: 2.7
Current: 2.2

During the past 13 years, Konoshima Chemical Co's highest Altman Z-Score was 2.70. The lowest was 1.78. And the median was 1.99.


Konoshima Chemical Co  (TSE:4026) 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.


Konoshima Chemical Co Altman Z-Score Related Terms


Konoshima Chemical Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Konoshima Chemical 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.

Konoshima Chemical Co Altman Z-Score Chart

Konoshima Chemical Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.78 1.92 1.83 2.28

Konoshima Chemical Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1.92 1.84 1.83 0.00 2.28

TSE:4026 vs TT, JCI, CARR: Altman Z-Score Comparison

For the Building Products & Equipment subindustry, Konoshima Chemical 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.


Konoshima Chemical Co Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Konoshima Chemical Co's Altman Z-Score distribution charts can be found below:

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


TSE:4026
72GF Score
Konoshima Chemical Co Ltd TSE:4026
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Konoshima Chemical 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.

Konoshima Chemical 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*-0.0145+1.4*0.3471+3.3*0.0868+0.6*0.8886+1.0*0.9096
=2.20

* 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 Apr. 2026:
Total Assets was 円30,793 Mil.
Total Current Assets was 円11,805 Mil.
Total Current Liabilities was 円12,252 Mil.
Retained Earnings was 円10,687 Mil.
Pre-Tax Income was 円2,533 Mil.
Interest Expense was 円-140 Mil.
Revenue was 円28,008 Mil.
Market Cap (Today) was 円14,293 Mil.
Total Liabilities was 円16,084 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
=(11805 - 12252)/30793
=-0.0145

X2=Retained Earnings/Total Assets
=10687/30793
=0.3471

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2533 - -140)/30793
=0.0868

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=14292.882/16084
=0.8886

X5=Revenue/Total Assets
=28008/30793
=0.9096

The zones of discrimination were as such:

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

Konoshima Chemical Co has a Altman Z-Score of 2.20 indicating it is in Grey 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 2.20 mean?
Konoshima Chemical Co (TSE:4026) has a Altman Z-Score of 2.20 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Konoshima Chemical Co and its competitors. This is 11% above median its historical median of 1.99. Over the past decade, Konoshima Chemical Co's Altman Z-Score has ranged from 1.78 to 2.70. According to the industry distribution chart, Konoshima Chemical Co ranks #928 out of 1755 companies in the Construction industry, placing it in the top 52.9%.
Is Konoshima Chemical Co's Altman Z-Score too high?
Konoshima Chemical Co's current Altman Z-Score of 2.20 is 11% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 2.70. The Construction industry median Altman Z-Score is 2.33. Konoshima Chemical Co's value of 2.20 is 5.6% below this industry median. Based on the distribution chart, Konoshima Chemical Co ranks #928 out of 1755 companies in the Construction industry, which is below the industry midpoint. Overall, Konoshima Chemical Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Konoshima Chemical Co's Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, Konoshima Chemical Co ranks #928 out of 1755 companies for Altman Z-Score. This places Konoshima Chemical Co in the lower half of its industry. The industry median Altman Z-Score is 2.33. Konoshima Chemical Co's value of 2.20 is 5.6% below this benchmark. Historically, Konoshima Chemical Co's own Altman Z-Score has ranged from 1.78 to 2.70 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 2.33, Konoshima Chemical 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,755 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. Konoshima Chemical Co's current Altman Z-Score of 2.20 is 5.6% 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 Konoshima Chemical Co and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Konoshima Chemical Co's current Altman Z-Score is 2.20, which is 11% above 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 Konoshima Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Konoshima Chemical Co (TSE:4026) is currently considered Fairly Valued. The stock's GF Value™ is 円1,679.11, compared to a current price of 円1,573.00 — trading 6.3% below its estimated fair value. The current Altman Z-Score is 2.20, which is 11% above median its 10-year median of 1.99 and 5.6% below the Construction industry median of 2.33. Konoshima Chemical Co's overall GF Score™ is 72/100 with 6 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 Konoshima Chemical Co (TSE:4026), the current Altman Z-Score is 2.20 as of Jul. 11, 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 Konoshima Chemical Co (TSE:4026) Overvalued in 2026?

Based on GuruFocus' analysis, Konoshima Chemical Co stock appears to be undervalued. The current stock price of 円1,573.00 is trading 6.3% below its estimated GF Value™ of 円1,679.11. GuruFocus considers Konoshima Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4026:

  • Altman Z-Score: 2.20 (11% above median its 10-year median of 1.99)
  • GF Value™: 円1,679.11 vs. price of 円1,573.00 (6.3% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 5.6% below the Construction median (#928 of 1755)

No single metric tells the full story. See the TSE:4026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Konoshima Chemical Co Business Description

Address 3-15 Awaza-1 Nishi-ku, Osaka, JPN, 550-0011
Konoshima Chemical Co Ltd is a Japan-based company engages in the manufacture and sale of building materials, industrial chemicals, and ceramics.
72GF Score

Get the complete analysis for TSE:4026

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

円1,573.00
Price
円1,679.11
GF Value