BeMap (TSE:4316) Altman Z-Score: 1.53 (As of Jul. 05, 2026) — 69% Below Median


TSE:4316 BeMap Inc TSE:4316
43 GF Score
Price 円128.00
GF Value 円514.90
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is BeMap Altman Z-Score?

BeMap TSE:4316 -1.54% 43 Altman Z-Score is 1.53 as of Jul. 05, 2026, which is 69% below its 10-year median of 4.94. GuruFocus rates TSE:4316 with a GF Score™ of 43/100 and a GF Value™ of 円514.90 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,761 Software companies, BeMap ranks worse than 71.31% 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 1.53 is in distress zone. This implies bankruptcy possibility in the next two years.

BeMap has a Altman Z-Score of 1.53, 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 BeMap's Altman Z-Score or its related term are showing as below:

TSE:4316' s Altman Z-Score Range Over the Past 10 Years
Min: 1.53   Med: 4.94   Max: 17.44
Current: 1.53

During the past 13 years, BeMap's highest Altman Z-Score was 17.44. The lowest was 1.53. And the median was 4.94.


BeMap  (TSE:4316) 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.


BeMap Altman Z-Score Related Terms


BeMap Altman Z-Score Historical Data

* Premium members only.

The historical data trend for BeMap'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.

BeMap Altman Z-Score Chart

BeMap Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.88 2.24 3.74 2.38 3.68

BeMap Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.74 5.00 2.38 0.00 3.68

TSE:4316 vs IBM, ACN, FISV: Altman Z-Score Comparison

For the Information Technology Services subindustry, BeMap'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.


BeMap Altman Z-Score vs Software Industry

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

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


TSE:4316
43GF Score
BeMap Inc TSE:4316
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BeMap 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.

BeMap'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*0.534+1.4*-0.7768+3.3*-0.1487+0.6*1.0468+1.0*1.8346
=1.53

* 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 Mar. 2026:
Total Assets was 円938 Mil.
Total Current Assets was 円856 Mil.
Total Current Liabilities was 円355 Mil.
Retained Earnings was 円-729 Mil.
Pre-Tax Income was 円-143 Mil.
Interest Expense was 円-4 Mil.
Revenue was 円1,721 Mil.
Market Cap (Today) was 円456 Mil.
Total Liabilities was 円435 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
=(856.083 - 355.111)/938.232
=0.534

X2=Retained Earnings/Total Assets
=-728.812/938.232
=-0.7768

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-143.45 - -3.975)/938.232
=-0.1487

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=455.791/435.425
=1.0468

X5=Revenue/Total Assets
=1721.303/938.232
=1.8346

The zones of discrimination were as such:

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

BeMap has a Altman Z-Score of 1.53 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 1.53 mean?
BeMap (TSE:4316) has a Altman Z-Score of 1.53 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on BeMap and its competitors. This is 69% below median its historical median of 4.94. Over the past decade, BeMap's Altman Z-Score has ranged from 1.53 to 17.44. According to the industry distribution chart, BeMap ranks #1969 out of 2761 companies in the Software industry, placing it in the top 71.3%.
Is BeMap's Altman Z-Score too high?
BeMap's current Altman Z-Score of 1.53 is 69% below median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 17.44. The Software industry median Altman Z-Score is 3.19. BeMap's value of 1.53 is 52% below this industry median. Based on the distribution chart, BeMap ranks #1969 out of 2761 companies in the Software industry, which is below the industry midpoint. Overall, BeMap has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BeMap's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, BeMap ranks #1969 out of 2761 companies for Altman Z-Score. This places BeMap in the lower half of its industry. The industry median Altman Z-Score is 3.19. BeMap's value of 1.53 is 52% below this benchmark. Historically, BeMap's own Altman Z-Score has ranged from 1.53 to 17.44 over the past decade. While the company's 10-year median is 4.94 vs. the industry median of 3.19, BeMap 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 3.19, based on 2,761 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. BeMap's current Altman Z-Score of 1.53 is 52% 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 BeMap 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. BeMap's current Altman Z-Score is 1.53, which is 69% below median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BeMap stock overvalued right now?
Based on GuruFocus' analysis, BeMap (TSE:4316) is currently considered Possible Value Trap. The stock's GF Value™ is 円514.90, compared to a current price of 円128.00 — trading 75.1% below its estimated fair value. The current Altman Z-Score is 1.53, which is 69% below median its 10-year median of 4.94 and 52% below the Software industry median of 3.19. BeMap's overall GF Score™ is 43/100 with 5 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 BeMap (TSE:4316), the current Altman Z-Score is 1.53 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 BeMap (TSE:4316) Overvalued in 2026?

Based on GuruFocus' analysis, BeMap stock appears to be undervalued. The current stock price of 円128.00 is trading 75.1% below its estimated GF Value™ of 円514.90. GuruFocus considers BeMap to be Possible Value Trap.

Key valuation signals for TSE:4316:

  • Altman Z-Score: 1.53 (69% below median its 10-year median of 4.94)
  • GF Value™: 円514.90 vs. price of 円128.00 (75.1% below fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 52% below the Software median (#1969 of 2761)

No single metric tells the full story. See the TSE:4316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BeMap Business Description

Address 2-12-5 Uchikanda, Chiyoda-ku, Uchiyama Building, 4th floor and 5th floor, Tokyo, JPN, 101-0047
BeMap Inc is engaged in mobile system integration business which consists of planning, development, and management of the features based infrastructure. Its services and solutions include systems for railway services, captive portal and CMS for wi-fi, surveillance video system. It also provides website and software development and maintenance.
43GF Score

Get the complete analysis for TSE:4316

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

円128.00
Price
円514.90
GF Value