Osaka Organic Chemical Industry (TSE:4187) Altman Z-Score: 8.25 (As of Jul. 05, 2026) — 76% Above Median


TSE:4187 Osaka Organic Chemical Industry Ltd TSE:4187
89 GF Score
Price 円5,870.00
GF Value 円3,509.92
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Osaka Organic Chemical Industry Altman Z-Score?

Osaka Organic Chemical Industry TSE:4187 -0.17% 89 Altman Z-Score is 8.25 as of Jul. 05, 2026, which is 76% above its 10-year median of 4.70. GuruFocus rates TSE:4187 with a GF Score™ of 89/100 and a GF Value™ of 円3,509.92 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,561 Chemicals companies, Osaka Organic Chemical Industry ranks better than 82.45% 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 7.98 is strong.

Osaka Organic Chemical Industry has a Altman Z-Score of 8.25, 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 Osaka Organic Chemical Industry's Altman Z-Score or its related term are showing as below:

TSE:4187' s Altman Z-Score Range Over the Past 10 Years
Min: 3.25   Med: 4.7   Max: 7.98
Current: 7.98

During the past 13 years, Osaka Organic Chemical Industry's highest Altman Z-Score was 7.98. The lowest was 3.25. And the median was 4.70.


Osaka Organic Chemical Industry  (TSE:4187) 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.


Osaka Organic Chemical Industry Altman Z-Score Related Terms


Osaka Organic Chemical Industry Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Osaka Organic Chemical Industry'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.

Osaka Organic Chemical Industry Altman Z-Score Chart

Osaka Organic Chemical Industry Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 4.75 5.25 4.64 6.21

Osaka Organic Chemical Industry Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 5.36 4.60 5.68 6.21 0.00

TSE:4187 vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Osaka Organic Chemical Industry'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.


Osaka Organic Chemical Industry Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Osaka Organic Chemical Industry's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Osaka Organic Chemical Industry's Altman Z-Score falls into.


TSE:4187
89GF Score
Osaka Organic Chemical Industry Ltd TSE:4187
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Osaka Organic Chemical Industry 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.

Osaka Organic Chemical Industry'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*0.4252+1.4*0.6822+3.3*0.1551+0.6*9.5228+1.0*0.5626
=8.25

* 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 Nov. 2025:
Total Assets was 円65,452 Mil.
Total Current Assets was 円37,632 Mil.
Total Current Liabilities was 円9,804 Mil.
Retained Earnings was 円44,650 Mil.
Pre-Tax Income was 1901.383 + 4850.964 + 1831.505 + 1559.552 = 円10,143 Mil.
Interest Expense was -1.153 + -1.279 + -1.599 + -1.989 = 円-6 Mil.
Revenue was 9072.876 + 9566.477 + 9298.515 + 8883.773 = 円36,822 Mil.
Market Cap (Today) was 円119,380 Mil.
Total Liabilities was 円12,536 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
=(37632.472 - 9803.743)/65452.436
=0.4252

X2=Retained Earnings/Total Assets
=44650.144/65452.436
=0.6822

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(10143.404 - -6.02)/65452.436
=0.1551

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=119379.781/12536.251
=9.5228

X5=Revenue/Total Assets
=36821.641/65452.436
=0.5626

The zones of discrimination were as such:

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

Osaka Organic Chemical Industry has a Altman Z-Score of 8.25 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 8.25 mean?
Osaka Organic Chemical Industry (TSE:4187) has a Altman Z-Score of 8.25 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Osaka Organic Chemical Industry and its competitors. This is 76% above median its historical median of 4.70. Over the past decade, Osaka Organic Chemical Industry's Altman Z-Score has ranged from 3.25 to 7.98. According to the industry distribution chart, Osaka Organic Chemical Industry ranks #274 out of 1561 companies in the Chemicals industry, placing it in the top 17.6%.
Is Osaka Organic Chemical Industry's Altman Z-Score too high?
Osaka Organic Chemical Industry's current Altman Z-Score of 8.25 is 76% above median its 10-year median of 4.70. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 7.98. The Chemicals industry median Altman Z-Score is 3.18. Osaka Organic Chemical Industry's value of 8.25 is 159.4% above this industry median. Based on the distribution chart, Osaka Organic Chemical Industry ranks #274 out of 1561 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Osaka Organic Chemical Industry has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Osaka Organic Chemical Industry's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Osaka Organic Chemical Industry ranks #274 out of 1561 companies for Altman Z-Score. This places Osaka Organic Chemical Industry in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.18. Osaka Organic Chemical Industry's value of 8.25 is 159.4% above this benchmark. Historically, Osaka Organic Chemical Industry's own Altman Z-Score has ranged from 3.25 to 7.98 over the past decade. While the company's 10-year median is 4.70 vs. the industry median of 3.18, Osaka Organic Chemical Industry 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.18, based on 1,561 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. Osaka Organic Chemical Industry's current Altman Z-Score of 8.25 is 159.4% 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 Osaka Organic Chemical Industry and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Osaka Organic Chemical Industry's current Altman Z-Score is 8.25, which is 76% above median its own 10-year median of 4.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Osaka Organic Chemical Industry stock overvalued right now?
Based on GuruFocus' analysis, Osaka Organic Chemical Industry (TSE:4187) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,509.92, compared to a current price of 円5,870.00 — trading 67.2% above its estimated fair value. The current Altman Z-Score is 8.25, which is 76% above median its 10-year median of 4.70 and 159.4% above the Chemicals industry median of 3.18. Osaka Organic Chemical Industry's overall GF Score™ is 89/100 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 Osaka Organic Chemical Industry (TSE:4187), the current Altman Z-Score is 8.25 as of Jul. 05, 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 Osaka Organic Chemical Industry (TSE:4187) Overvalued in 2026?

Based on GuruFocus' analysis, Osaka Organic Chemical Industry stock appears to be overvalued. The current stock price of 円5,870.00 is trading 67.2% above its estimated GF Value™ of 円3,509.92. GuruFocus considers Osaka Organic Chemical Industry to be Significantly Overvalued.

Key valuation signals for TSE:4187:

  • Altman Z-Score: 8.25 (76% above median its 10-year median of 4.70)
  • GF Value™: 円3,509.92 vs. price of 円5,870.00 (67.2% above fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 159.4% above the Chemicals median (#274 of 1561)

No single metric tells the full story. See the TSE:4187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Osaka Organic Chemical Industry Business Description

Other Exchanges 7YE:Germany
Address Shin Toyama Building, 1-7-20 Azuchi-machi, Chuo-ku, Osaka, JPN, 541-0052
Osaka Organic Chemical Industry Ltd is engaged in the production and marketing of organic chemistry industry products, organic reagents, petrochemical products, and special polymers, refining and processing of solvents. It operates in three segments: Chemical segment manufactures and sells speciality acrylic acid ester and acrylic acid for paints, adhesives and inks. The Electronic Materials segment manufactures and sells electronic materials, such as liquid crystal materials and semiconductors. The Specialty Chemicals segment manufactures and sells cosmetics raw materials and functional materials.
89GF Score

Get the complete analysis for TSE:4187

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

円5,870.00
Price
円3,509.92
GF Value