Kumiai Chemical Industry Co (TSE:4996) Altman Z-Score: 2.42 (As of Jul. 11, 2026) — 17% Below Median


TSE:4996 Kumiai Chemical Industry Co Ltd TSE:4996
77 GF Score
Price 円723.00
GF Value 円859.54
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Kumiai Chemical Industry Co Altman Z-Score?

Kumiai Chemical Industry Co TSE:4996 +0.14% 77 Altman Z-Score is 2.42 as of Jul. 11, 2026, which is 17% below its 10-year median of 2.93. GuruFocus rates TSE:4996 with a GF Score™ of 77/100 and a GF Value™ of 円859.54 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 247 Agriculture companies, Kumiai Chemical Industry Co ranks worse than 55.47% 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 2.41 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.

Kumiai Chemical Industry Co has a Altman Z-Score of 2.42, indicating it is in Grey Zones. This implies that Kumiai Chemical Industry Co 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 Kumiai Chemical Industry Co's Altman Z-Score or its related term are showing as below:

TSE:4996' s Altman Z-Score Range Over the Past 10 Years
Min: 2.19   Med: 2.93   Max: 3.94
Current: 2.41

During the past 13 years, Kumiai Chemical Industry Co's highest Altman Z-Score was 3.94. The lowest was 2.19. And the median was 2.93.


Kumiai Chemical Industry Co  (TSE:4996) 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.


Kumiai Chemical Industry Co Altman Z-Score Related Terms


Kumiai Chemical Industry Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kumiai Chemical Industry 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.

Kumiai Chemical Industry Co Altman Z-Score Chart

Kumiai Chemical Industry Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 2.94 2.95 2.19 2.33

Kumiai Chemical Industry Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.25 2.27 2.33 2.26 2.45

TSE:4996 vs CTVA, CF, MOS: Altman Z-Score Comparison

For the Agricultural Inputs subindustry, Kumiai Chemical Industry 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.


Kumiai Chemical Industry Co Altman Z-Score vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Kumiai Chemical Industry Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Kumiai Chemical Industry Co's Altman Z-Score falls into.


TSE:4996
77GF Score
Kumiai Chemical Industry Co Ltd TSE:4996
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kumiai Chemical Industry Co 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.

Kumiai Chemical Industry 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*0.3304+1.4*0.4534+3.3*0.0525+0.6*0.8836+1.0*0.684
=2.42

* 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 Apr. 2026:
Total Assets was 円259,068 Mil.
Total Current Assets was 円163,849 Mil.
Total Current Liabilities was 円78,255 Mil.
Retained Earnings was 円117,456 Mil.
Pre-Tax Income was 6098 + 6216 + -2558 + 3222 = 円12,978 Mil.
Interest Expense was -175 + -162 + -134 + -159 = 円-630 Mil.
Revenue was 56212 + 46707 + 35977 + 38308 = 円177,204 Mil.
Market Cap (Today) was 円87,101 Mil.
Total Liabilities was 円98,576 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
=(163849 - 78255)/259068
=0.3304

X2=Retained Earnings/Total Assets
=117456/259068
=0.4534

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(12978 - -630)/259068
=0.0525

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=87101.161/98576
=0.8836

X5=Revenue/Total Assets
=177204/259068
=0.684

The zones of discrimination were as such:

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

Kumiai Chemical Industry Co has a Altman Z-Score of 2.42 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 2.42 mean?
Kumiai Chemical Industry Co (TSE:4996) has a Altman Z-Score of 2.42 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kumiai Chemical Industry Co and its competitors. This is 17% below median its historical median of 2.93. Over the past decade, Kumiai Chemical Industry Co's Altman Z-Score has ranged from 2.19 to 3.94. According to the industry distribution chart, Kumiai Chemical Industry Co ranks #137 out of 247 companies in the Agriculture industry, placing it in the top 55.5%.
Is Kumiai Chemical Industry Co's Altman Z-Score too high?
Kumiai Chemical Industry Co's current Altman Z-Score of 2.42 is 17% below median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 3.94. The Agriculture industry median Altman Z-Score is 2.69. Kumiai Chemical Industry Co's value of 2.42 is 10% below this industry median. Based on the distribution chart, Kumiai Chemical Industry Co ranks #137 out of 247 companies in the Agriculture industry, which is below the industry midpoint. Overall, Kumiai Chemical Industry Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumiai Chemical Industry Co's Altman Z-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, Kumiai Chemical Industry Co ranks #137 out of 247 companies for Altman Z-Score. This places Kumiai Chemical Industry Co in the lower half of its industry. The industry median Altman Z-Score is 2.69. Kumiai Chemical Industry Co's value of 2.42 is 10% below this benchmark. Historically, Kumiai Chemical Industry Co's own Altman Z-Score has ranged from 2.19 to 3.94 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 2.69, Kumiai Chemical Industry Co 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 an Agriculture company?
The median Altman Z-Score among Agriculture companies is 2.69, based on 247 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. Kumiai Chemical Industry Co's current Altman Z-Score of 2.42 is 10% 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 Kumiai Chemical Industry Co and its competitors. For the Agriculture industry, the median Altman Z-Score is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kumiai Chemical Industry Co's current Altman Z-Score is 2.42, which is 17% below median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumiai Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Kumiai Chemical Industry Co (TSE:4996) is currently considered Modestly Undervalued. The stock's GF Value™ is 円859.54, compared to a current price of 円723.00 — trading 15.9% below its estimated fair value. The current Altman Z-Score is 2.42, which is 17% below median its 10-year median of 2.93 and 10% below the Agriculture industry median of 2.69. Kumiai Chemical Industry Co's overall GF Score™ is 77/100 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 Kumiai Chemical Industry Co (TSE:4996), the current Altman Z-Score is 2.42 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 Kumiai Chemical Industry Co (TSE:4996) Overvalued in 2026?

Based on GuruFocus' analysis, Kumiai Chemical Industry Co stock appears to be undervalued. The current stock price of 円723.00 is trading 15.9% below its estimated GF Value™ of 円859.54. GuruFocus considers Kumiai Chemical Industry Co to be Modestly Undervalued.

Key valuation signals for TSE:4996:

  • Altman Z-Score: 2.42 (17% below median its 10-year median of 2.93)
  • GF Value™: 円859.54 vs. price of 円723.00 (15.9% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 10% below the Agriculture median (#137 of 247)

No single metric tells the full story. See the TSE:4996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kumiai Chemical Industry Co Business Description

Address 4-26, Ikenohata 1-chome, Taito-ku, Tokyo, JPN, 110-8782
Kumiai Chemical Industry Co Ltd is a crop protection company that has three business segments: Chemical products, Lease, and Others. The Chemical Products segment engages in the synthesis, manufacture and sale of crop protection products to the agriculture industry. The firm's product portfolio includes insecticides, herbicides, fungicides, plant growth regulators, and other pesticides. The Chemical products segment also accounts for nearly all of the firm's revenue and operating profits. The firm is based in Japan and generates revenue in over 50 countries throughout the world.
77GF Score

Get the complete analysis for TSE:4996

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

円723.00
Price
円859.54
GF Value