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Just PlanningTSE:4287 -0.86%82 Altman Z-Score is 12.00 as of Jul. 14, 2026, which is 4% above its 10-year median of 11.49. GuruFocus rates TSE:4287 with a GF Score™ of 82/100 and a GF Value™ of 円482.47 (Fairly Valued). Among 2,464 Hardware companies, Just Planning ranks better than 83.97% 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 10.14 is strong.
Just Planning has a Altman Z-Score of 12.00, 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 Just Planning's Altman Z-Score or its related term are showing as below:
TSE:4287'
s Altman Z-Score Range Over the Past 10 Years
Min: 8.9 Med: 11.49 Max: 20.33
Current: 10.14
During the past 13 years, Just Planning's highest Altman Z-Score was 20.33. The lowest was 8.90. And the median was 11.49.
Just Planning (TSE:4287) 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.
Just Planning Altman Z-Score Related Terms
Just Planning Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Just Planning'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:4287 vs SNDK, DELL, STX: Altman Z-Score Comparison
For the Computer Hardware subindustry, Just Planning'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.
Just Planning Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Just Planning's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Just Planning'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.
Just Planning'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
*
0.7805
+
1.4
*
0.8486
+
3.3
*
0.1144
+
0.6
*
15.0607
+
1.0
*
0.4621
=
12.00
* 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.
Just Planning (TSE:4287) has a Altman Z-Score of 12.00 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Just Planning and its competitors. This is near median its historical median of 11.49. Over the past decade, Just Planning's Altman Z-Score has ranged from 8.90 to 20.33. According to the industry distribution chart, Just Planning ranks #395 out of 2464 companies in the Hardware industry, placing it in the top 16%.
Is Just Planning's Altman Z-Score too high?
Just Planning's current Altman Z-Score of 12.00 is near median its 10-year median of 11.49. Over the past 10 years, this metric has ranged from a low of 8.90 to a high of 20.33. The Hardware industry median Altman Z-Score is 3.59. Just Planning's value of 12.00 is 234.3% above this industry median. Based on the distribution chart, Just Planning ranks #395 out of 2464 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Just Planning has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Just Planning's Altman Z-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Just Planning ranks #395 out of 2464 companies for Altman Z-Score. This places Just Planning in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.59. Just Planning's value of 12.00 is 234.3% above this benchmark. Historically, Just Planning's own Altman Z-Score has ranged from 8.90 to 20.33 over the past decade. While the company's 10-year median is 11.49 vs. the industry median of 3.59, Just Planning 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, based on 2,464 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. Just Planning's current Altman Z-Score of 12.00 is 234.3% 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 Just Planning and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Just Planning's current Altman Z-Score is 12.00, which is near median its own 10-year median of 11.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Just Planning stock overvalued right now?
Based on GuruFocus' analysis, Just Planning (TSE:4287) is currently considered Fairly Valued. The stock's GF Value™ is 円482.47, compared to a current price of 円460.00 — trading 4.7% below its estimated fair value. The current Altman Z-Score is 12.00, which is near median its 10-year median of 11.49 and 234.3% above the Hardware industry median of 3.59. Just Planning's overall GF Score™ is 82/100. 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 Just Planning (TSE:4287), the current Altman Z-Score is 12.00 as of Jul. 14, 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 Just Planning (TSE:4287) Overvalued in 2026?
Based on GuruFocus' analysis, Just Planning stock appears to be undervalued.
The current stock price of 円460.00 is trading 4.7% below its estimated GF Value™ of 円482.47.
GuruFocus considers Just Planning to be Fairly Valued.
Key valuation signals for TSE:4287:
Altman Z-Score: 12.00 (near median its 10-year median of 11.49)
GF Value™: 円482.47 vs. price of 円460.00 (4.7% below fair value)
Industry Position: 234.3% above the Hardware median (#395 of 2464)
No single metric tells the full story. See the TSE:4287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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