eXmotion CoTSE:4394 -3.02%82 Altman Z-Score is 12.58 as of Jul. 11, 2026, which is 27% below its 10-year median of 17.20. GuruFocus rates TSE:4394 with a GF Score™ of 82/100 and a GF Value™ of 円378.98 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,762 Software companies, eXmotion Co ranks better than 92.07% 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 13.5 is strong.
eXmotion Co has a Altman Z-Score of 12.58, 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 eXmotion Co's Altman Z-Score or its related term are showing as below:
TSE:4394'
s Altman Z-Score Range Over the Past 10 Years
Min: 9.97 Med: 17.2 Max: 38.92
Current: 13.5
During the past 10 years, eXmotion Co's highest Altman Z-Score was 38.92. The lowest was 9.97. And the median was 17.20.
eXmotion Co (TSE:4394) 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.
eXmotion Co Altman Z-Score Related Terms
eXmotion Co Altman Z-Score Historical Data
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The historical data trend for eXmotion Co'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:4394 vs IBM, ACN, FISV: Altman Z-Score Comparison
For the Information Technology Services subindustry, eXmotion Co'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.
eXmotion Co Altman Z-Score vs Software Industry
For the Software industry and Technology sector, eXmotion Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where eXmotion Co'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.
eXmotion Co'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
*
0.7821
+
1.4
*
0.4133
+
3.3
*
0.1159
+
0.6
*
16.5432
+
1.0
*
0.7568
=
12.58
* 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.
eXmotion Co (TSE:4394) has a Altman Z-Score of 12.58 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on eXmotion Co and its competitors. This is 27% below median its historical median of 17.20. Over the past decade, eXmotion Co's Altman Z-Score has ranged from 9.97 to 38.92. According to the industry distribution chart, eXmotion Co ranks #219 out of 2762 companies in the Software industry, placing it in the top 7.9%.
Is eXmotion Co's Altman Z-Score too high?
eXmotion Co's current Altman Z-Score of 12.58 is 27% below median its 10-year median of 17.20. Over the past 10 years, this metric has ranged from a low of 9.97 to a high of 38.92. The Software industry median Altman Z-Score is 3.17. eXmotion Co's value of 12.58 is 296.8% above this industry median. Based on the distribution chart, eXmotion Co ranks #219 out of 2762 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, eXmotion Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does eXmotion Co's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, eXmotion Co ranks #219 out of 2762 companies for Altman Z-Score. This places eXmotion Co in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.17. eXmotion Co's value of 12.58 is 296.8% above this benchmark. Historically, eXmotion Co's own Altman Z-Score has ranged from 9.97 to 38.92 over the past decade. While the company's 10-year median is 17.20 vs. the industry median of 3.17, eXmotion Co 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 3.17, 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. eXmotion Co's current Altman Z-Score of 12.58 is 296.8% 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 eXmotion Co and its competitors. For the Software industry, the median Altman Z-Score is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eXmotion Co's current Altman Z-Score is 12.58, which is 27% below median its own 10-year median of 17.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eXmotion Co stock overvalued right now?
Based on GuruFocus' analysis, eXmotion Co (TSE:4394) is currently considered Significantly Overvalued. The stock's GF Value™ is 円378.98, compared to a current price of 円546.00 — trading 44.1% above its estimated fair value. The current Altman Z-Score is 12.58, which is 27% below median its 10-year median of 17.20 and 296.8% above the Software industry median of 3.17. eXmotion Co's overall GF Score™ is 82/100 with 6 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 eXmotion Co (TSE:4394), the current Altman Z-Score is 12.58 as of Jul. 11, 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 eXmotion Co (TSE:4394) Overvalued in 2026?
Based on GuruFocus' analysis, eXmotion Co stock appears to be overvalued.
The current stock price of 円546.00 is trading 44.1% above its estimated GF Value™ of 円378.98.
GuruFocus considers eXmotion Co to be Significantly Overvalued.
Key valuation signals for TSE:4394:
Altman Z-Score: 12.58 (27% below median its 10-year median of 17.20)
GF Value™: 円378.98 vs. price of 円546.00 (44.1% above fair value)
Industry Position: 296.8% above the Software median (#219 of 2762)
No single metric tells the full story. See the TSE:4394 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
eXmotion Co Ltd provides technical consulting and education services for systems and software. The company offers Consulting business, Education and human resource development business, Tool business and others.
82GF Score
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