EduLab (TSE:4427) Altman Z-Score: 2.83 (As of Jul. 05, 2026) — 33% Above Median


TSE:4427 EduLab Inc TSE:4427
62 GF Score
Price 円173.00
GF Value 円245.56
Valuation Possible Value Trap
! 3 Warning Signs
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What is EduLab Altman Z-Score?

EduLab TSE:4427 62 Altman Z-Score is 2.83 as of Jul. 05, 2026, which is 33% above its 10-year median of 2.12. GuruFocus rates TSE:4427 with a GF Score™ of 62/100 and a GF Value™ of 円245.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,761 Software companies, EduLab ranks worse than 53.86% 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 2.83 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

EduLab has a Altman Z-Score of 2.83, indicating it is in Grey Zones. This implies that EduLab is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 EduLab's Altman Z-Score or its related term are showing as below:

TSE:4427' s Altman Z-Score Range Over the Past 10 Years
Min: -1.71   Med: 2.12   Max: 6.82
Current: 2.83

During the past 10 years, EduLab's highest Altman Z-Score was 6.82. The lowest was -1.71. And the median was 2.12.


EduLab  (TSE:4427) 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.


EduLab Altman Z-Score Related Terms


EduLab Altman Z-Score Historical Data

* Premium members only.

The historical data trend for EduLab'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.

EduLab Altman Z-Score Chart

EduLab Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.80 -1.71 2.27 3.49

EduLab Semi-Annual Data
Sep16 Sep17 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 -1.54 2.27 1.97 3.49 0.00

TSE:4427 vs IBM, ACN, FISV: Altman Z-Score Comparison

For the Information Technology Services subindustry, EduLab'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.


EduLab Altman Z-Score vs Software Industry

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

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


TSE:4427
62GF Score
EduLab Inc TSE:4427
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EduLab 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.

EduLab'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*0.3251+1.4*-0.0278+3.3*0.0475+0.6*0.9949+1.0*1.7267
=2.83

* 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 Sep. 2025:
Total Assets was 円3,608 Mil.
Total Current Assets was 円2,818 Mil.
Total Current Liabilities was 円1,645 Mil.
Retained Earnings was 円-100 Mil.
Pre-Tax Income was 円161 Mil.
Interest Expense was 円-10 Mil.
Revenue was 円6,230 Mil.
Market Cap (Today) was 円1,768 Mil.
Total Liabilities was 円1,777 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
=(2818.12 - 1645.275)/3607.827
=0.3251

X2=Retained Earnings/Total Assets
=-100.28/3607.827
=-0.0278

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(161.018 - -10.36)/3607.827
=0.0475

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1768.054/1777.186
=0.9949

X5=Revenue/Total Assets
=6229.675/3607.827
=1.7267

The zones of discrimination were as such:

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

EduLab has a Altman Z-Score of 2.83 indicating it is in Grey 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 2.83 mean?
EduLab (TSE:4427) has a Altman Z-Score of 2.83 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on EduLab and its competitors. This is 33% above median its historical median of 2.12. According to the industry distribution chart, EduLab ranks #1487 out of 2761 companies in the Software industry, placing it in the top 53.9%.
Is EduLab's Altman Z-Score too high?
EduLab's current Altman Z-Score of 2.83 is 33% above median its 10-year median of 2.12. The Software industry median Altman Z-Score is 3.19. EduLab's value of 2.83 is 11.3% below this industry median. Based on the distribution chart, EduLab ranks #1487 out of 2761 companies in the Software industry, which is below the industry midpoint. Overall, EduLab has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EduLab's Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, EduLab ranks #1487 out of 2761 companies for Altman Z-Score. This places EduLab in the lower half of its industry. The industry median Altman Z-Score is 3.19. EduLab's value of 2.83 is 11.3% below this benchmark. While the company's 10-year median is 2.12 vs. the industry median of 3.19, EduLab 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. EduLab's current Altman Z-Score of 2.83 is 11.3% 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 EduLab 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. EduLab's current Altman Z-Score is 2.83, which is 33% above median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EduLab stock overvalued right now?
Based on GuruFocus' analysis, EduLab (TSE:4427) is currently considered Possible Value Trap. The stock's GF Value™ is 円245.56, compared to a current price of 円173.00 — trading 29.5% below its estimated fair value. The current Altman Z-Score is 2.83, which is 33% above median its 10-year median of 2.12 and 11.3% below the Software industry median of 3.19. EduLab's overall GF Score™ is 62/100 with 3 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 EduLab (TSE:4427), the current Altman Z-Score is 2.83 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 EduLab (TSE:4427) Overvalued in 2026?

Based on GuruFocus' analysis, EduLab stock appears to be undervalued. The current stock price of 円173.00 is trading 29.5% below its estimated GF Value™ of 円245.56. GuruFocus considers EduLab to be Possible Value Trap.

Key valuation signals for TSE:4427:

  • Altman Z-Score: 2.83 (33% above median its 10-year median of 2.12)
  • GF Value™: 円245.56 vs. price of 円173.00 (29.5% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 11.3% below the Software median (#1487 of 2761)

No single metric tells the full story. See the TSE:4427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EduLab Business Description

Address 3-2-4 Kita Aoyama, Nissin Aoyama Building, 5th Floor, Minato-ku, Tokyo, JPN, 107-0061
EduLab Inc provides information and technology solutions and platforms for the education industry.
62GF Score

Get the complete analysis for TSE:4427

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

円173.00
Price
円245.56
GF Value