Sharing InnovationsTSE:4178 +0.19%66 Altman Z-Score is 4.37 as of Jul. 06, 2026, which is 15% below its 10-year median of 5.14. GuruFocus rates TSE:4178 with a GF Score™ of 66/100 and a GF Value™ of 円663.86 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,759 Software companies, Sharing Innovations ranks better than 57.7% 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 3.8 is strong.
Sharing Innovations has a Altman Z-Score of 4.37, 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 Sharing Innovations's Altman Z-Score or its related term are showing as below:
TSE:4178'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.8 Med: 5.14 Max: 12.7
Current: 3.8
During the past 8 years, Sharing Innovations's highest Altman Z-Score was 12.70. The lowest was 3.80. And the median was 5.14.
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.
Sharing Innovations Altman Z-Score Related Terms
Sharing Innovations Altman Z-Score Historical Data
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The historical data trend for Sharing Innovations'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:4178 vs MSFT, ORCL, PLTR: Altman Z-Score Comparison
For the Software - Infrastructure subindustry, Sharing Innovations'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.
Sharing Innovations Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Sharing Innovations's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sharing Innovations'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.
Sharing Innovations'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
*
0.5574
+
1.4
*
0.3703
+
3.3
*
0.0274
+
0.6
*
2.772
+
1.0
*
1.4323
=
4.37
* 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.
Sharing Innovations (TSE:4178) has a Altman Z-Score of 4.37 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sharing Innovations and its competitors. This is 15% below median its historical median of 5.14. Over the past decade, Sharing Innovations' Altman Z-Score has ranged from 3.80 to 12.70. According to the industry distribution chart, Sharing Innovations ranks #1167 out of 2759 companies in the Software industry, placing it in the top 42.3%.
Is Sharing Innovations' Altman Z-Score too high?
Sharing Innovations' current Altman Z-Score of 4.37 is 15% below median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 12.70. The Software industry median Altman Z-Score is 3.19. Sharing Innovations' value of 4.37 is 37% above this industry median. Based on the distribution chart, Sharing Innovations ranks #1167 out of 2759 companies in the Software industry, which is above the industry midpoint. Overall, Sharing Innovations has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sharing Innovations' Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Sharing Innovations ranks #1167 out of 2759 companies for Altman Z-Score. This puts Sharing Innovations in the upper half of its industry. The industry median Altman Z-Score is 3.19. Sharing Innovations' value of 4.37 is 37% above this benchmark. Historically, Sharing Innovations' own Altman Z-Score has ranged from 3.80 to 12.70 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 3.19, Sharing Innovations 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 a Software company?
The median Altman Z-Score among Software companies is 3.19, based on 2,759 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. Sharing Innovations's current Altman Z-Score of 4.37 is 37% 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 Sharing Innovations and its competitors. For the Software industry, the median Altman Z-Score is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharing Innovations's current Altman Z-Score is 4.37, which is 15% below median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharing Innovations stock overvalued right now?
Based on GuruFocus' analysis, Sharing Innovations (TSE:4178) is currently considered Modestly Undervalued. The stock's GF Value™ is 円663.86, compared to a current price of 円523.00 — trading 21.2% below its estimated fair value. The current Altman Z-Score is 4.37, which is 15% below median its 10-year median of 5.14 and 37% above the Software industry median of 3.19. Sharing Innovations' overall GF Score™ is 66/100 with 3 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 Sharing Innovations (TSE:4178), the current Altman Z-Score is 4.37 as of Jul. 06, 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 Sharing Innovations (TSE:4178) Overvalued in 2026?
Based on GuruFocus' analysis, Sharing Innovations stock appears to be undervalued.
The current stock price of 円523.00 is trading 21.2% below its estimated GF Value™ of 円663.86.
GuruFocus considers Sharing Innovations to be Modestly Undervalued.
Key valuation signals for TSE:4178:
Altman Z-Score: 4.37 (15% below median its 10-year median of 5.14)
GF Value™: 円663.86 vs. price of 円523.00 (21.2% below fair value)
Industry Position: 37% above the Software median (#1167 of 2759)
No single metric tells the full story. See the TSE:4178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sharing Innovations Inc is engaged in the system development and cloud integration business. The company operates in two rportable segments which includes Digital Transformation Business and Platform Business as its reportable segments. The Digital Transformation Business is engaged in cloud integration, tool application development, and various other web system development. The Platform Business is mainly engaged in the planning, development, and operation of smartphone applications.
66GF Score
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