WonderPlanet (TSE:4199) Altman Z-Score: 1.62 (As of Jul. 09, 2026) — 27% Below Median


TSE:4199 WonderPlanet Inc TSE:4199
56 GF Score
Price 円735.00
GF Value 円657.45
Valuation Modestly Overvalued
! 4 Warning Signs
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What is WonderPlanet Altman Z-Score?

WonderPlanet TSE:4199 -4.55% 56 Altman Z-Score is 1.62 as of Jul. 09, 2026, which is 27% below its 10-year median of 2.21. GuruFocus rates TSE:4199 with a GF Score™ of 56/100 and a GF Value™ of 円657.45 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,762 Software companies, WonderPlanet ranks worse than 70.89% 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 1.54 is in distress zone. This implies bankruptcy possibility in the next two years.

WonderPlanet has a Altman Z-Score of 1.62, 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 WonderPlanet's Altman Z-Score or its related term are showing as below:

TSE:4199' s Altman Z-Score Range Over the Past 10 Years
Min: 0.29   Med: 2.21   Max: 4.96
Current: 1.54

During the past 6 years, WonderPlanet's highest Altman Z-Score was 4.96. The lowest was 0.29. And the median was 2.21.


WonderPlanet  (TSE:4199) 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.


WonderPlanet Altman Z-Score Related Terms


WonderPlanet Altman Z-Score Historical Data

* Premium members only.

The historical data trend for WonderPlanet'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.

WonderPlanet Altman Z-Score Chart

WonderPlanet Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Altman Z-Score
Get a 7-Day Free Trial 4.00 0.32 2.62 2.21 2.20

WonderPlanet Semi-Annual Data
Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.96 2.21 1.81 2.20 0.00

TSE:4199 vs UBER, SHOP, CRM: Altman Z-Score Comparison

For the Software - Application subindustry, WonderPlanet'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.


WonderPlanet Altman Z-Score vs Software Industry

For the Software industry and Technology sector, WonderPlanet's Altman Z-Score distribution charts can be found below:

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


TSE:4199
56GF Score
WonderPlanet Inc TSE:4199
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WonderPlanet 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.

WonderPlanet'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*0.5065+1.4*-0.5373+3.3*-0.0655+0.6*1.3488+1.0*1.1672
=1.62

* 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 Aug. 2025:
Total Assets was 円1,985 Mil.
Total Current Assets was 円1,730 Mil.
Total Current Liabilities was 円725 Mil.
Retained Earnings was 円-1,066 Mil.
Pre-Tax Income was 円-146 Mil.
Interest Expense was 円-16 Mil.
Revenue was 円2,317 Mil.
Market Cap (Today) was 円1,874 Mil.
Total Liabilities was 円1,389 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
=(1730.094 - 724.907)/1984.664
=0.5065

X2=Retained Earnings/Total Assets
=-1066.344/1984.664
=-0.5373

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-145.872 - -15.821)/1984.664
=-0.0655

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1873.924/1389.297
=1.3488

X5=Revenue/Total Assets
=2316.539/1984.664
=1.1672

The zones of discrimination were as such:

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

WonderPlanet has a Altman Z-Score of 1.62 indicating it is in Distress 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 1.62 mean?
WonderPlanet (TSE:4199) has a Altman Z-Score of 1.62 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on WonderPlanet and its competitors. This is 27% below median its historical median of 2.21. Over the past decade, WonderPlanet's Altman Z-Score has ranged from 0.29 to 4.96. According to the industry distribution chart, WonderPlanet ranks #1958 out of 2762 companies in the Software industry, placing it in the top 70.9%.
Is WonderPlanet's Altman Z-Score too high?
WonderPlanet's current Altman Z-Score of 1.62 is 27% below median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 4.96. The Software industry median Altman Z-Score is 3.18. WonderPlanet's value of 1.62 is 49% below this industry median. Based on the distribution chart, WonderPlanet ranks #1958 out of 2762 companies in the Software industry, which is below the industry midpoint. Overall, WonderPlanet has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WonderPlanet's Altman Z-Score compare to UBER and SHOP?
According to the Software industry distribution chart, WonderPlanet ranks #1958 out of 2762 companies for Altman Z-Score. This places WonderPlanet in the lower half of its industry. The industry median Altman Z-Score is 3.18. WonderPlanet's value of 1.62 is 49% below this benchmark. Historically, WonderPlanet's own Altman Z-Score has ranged from 0.29 to 4.96 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 3.18, WonderPlanet 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 Software company?
The median Altman Z-Score among Software companies is 3.18, based on 2,762 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. WonderPlanet's current Altman Z-Score of 1.62 is 49% 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 WonderPlanet and its competitors. For the Software 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. WonderPlanet's current Altman Z-Score is 1.62, which is 27% below median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WonderPlanet stock overvalued right now?
Based on GuruFocus' analysis, WonderPlanet (TSE:4199) is currently considered Modestly Overvalued. The stock's GF Value™ is 円657.45, compared to a current price of 円735.00 — trading 11.8% above its estimated fair value. The current Altman Z-Score is 1.62, which is 27% below median its 10-year median of 2.21 and 49% below the Software industry median of 3.18. WonderPlanet's overall GF Score™ is 56/100 with 4 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 WonderPlanet (TSE:4199), the current Altman Z-Score is 1.62 as of Jul. 09, 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 WonderPlanet (TSE:4199) Overvalued in 2026?

Based on GuruFocus' analysis, WonderPlanet stock appears to be overvalued. The current stock price of 円735.00 is trading 11.8% above its estimated GF Value™ of 円657.45. GuruFocus considers WonderPlanet to be Modestly Overvalued.

Key valuation signals for TSE:4199:

  • Altman Z-Score: 1.62 (27% below median its 10-year median of 2.21)
  • GF Value™: 円657.45 vs. price of 円735.00 (11.8% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 49% below the Software median (#1958 of 2762)

No single metric tells the full story. See the TSE:4199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WonderPlanet Business Description

Address Nishiki 3-23-18, New Sakae Building 5th Floor, Naka-ku, Aichi prefecture, Nagoya, JPN, 460-0003
WonderPlanet Inc designs and develops native language applications and games. It is engaged in planning, developing, operating, and selling mobile games, and also developing platforms.
56GF Score

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

円735.00
Price
円657.45
GF Value