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Akasaka DieselsTSE:6022 -1.45%65 Altman Z-Score is 1.19 as of Jul. 16, 2026, which is 24% below its 10-year median of 1.57. GuruFocus rates TSE:6022 with a GF Score™ of 65/100 and a GF Value™ of 円2,571.81 (Fairly Valued). The stock has 4 warning signs investors should review. Among 337 Aerospace & Defense companies, Akasaka Diesels ranks worse than 87.54% 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 1.19 is in distress zone. This implies bankruptcy possibility in the next two years.
Akasaka Diesels has a Altman Z-Score of 1.19, 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 Akasaka Diesels's Altman Z-Score or its related term are showing as below:
TSE:6022'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.19 Med: 1.57 Max: 1.84
Current: 1.19
During the past 13 years, Akasaka Diesels's highest Altman Z-Score was 1.84. The lowest was 1.19. And the median was 1.57.
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.
Akasaka Diesels Altman Z-Score Related Terms
Akasaka Diesels Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Akasaka Diesels'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:6022 vs SPCX, GE, RTX: Altman Z-Score Comparison
For the Aerospace & Defense subindustry, Akasaka Diesels'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.
Akasaka Diesels Altman Z-Score vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Akasaka Diesels's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Akasaka Diesels'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.
Akasaka Diesels'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
*
0.2206
+
1.4
*
0.1053
+
3.3
*
0.0139
+
0.6
*
0.4637
+
1.0
*
0.4575
=
1.19
* 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.
Akasaka Diesels (TSE:6022) has a Altman Z-Score of 1.19 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Akasaka Diesels and its competitors. This is 24% below median its historical median of 1.57. Over the past decade, Akasaka Diesels' Altman Z-Score has ranged from 1.19 to 1.84. According to the industry distribution chart, Akasaka Diesels ranks #295 out of 337 companies in the Aerospace & Defense industry, placing it in the top 87.5%.
Is Akasaka Diesels' Altman Z-Score too high?
Akasaka Diesels' current Altman Z-Score of 1.19 is 24% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 1.84. The Aerospace & Defense industry median Altman Z-Score is 3.40. Akasaka Diesels' value of 1.19 is 65% below this industry median. Based on the distribution chart, Akasaka Diesels ranks #295 out of 337 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Akasaka Diesels has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akasaka Diesels' Altman Z-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Akasaka Diesels ranks #295 out of 337 companies for Altman Z-Score. This places Akasaka Diesels in the lower half of its industry. The industry median Altman Z-Score is 3.40. Akasaka Diesels' value of 1.19 is 65% below this benchmark. Historically, Akasaka Diesels' own Altman Z-Score has ranged from 1.19 to 1.84 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 3.40, Akasaka Diesels 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 Aerospace & Defense company?
The median Altman Z-Score among Aerospace & Defense companies is 3.40, based on 337 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. Akasaka Diesels's current Altman Z-Score of 1.19 is 65% 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 Akasaka Diesels and its competitors. For the Aerospace & Defense industry, the median Altman Z-Score is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akasaka Diesels's current Altman Z-Score is 1.19, which is 24% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akasaka Diesels stock overvalued right now?
Based on GuruFocus' analysis, Akasaka Diesels (TSE:6022) is currently considered Fairly Valued. The stock's GF Value™ is 円2,571.81, compared to a current price of 円2,514.00 — trading 2.2% below its estimated fair value. The current Altman Z-Score is 1.19, which is 24% below median its 10-year median of 1.57 and 65% below the Aerospace & Defense industry median of 3.40. Akasaka Diesels' overall GF Score™ is 65/100 with 4 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 Akasaka Diesels (TSE:6022), the current Altman Z-Score is 1.19 as of Jul. 16, 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 Akasaka Diesels (TSE:6022) Overvalued in 2026?
Based on GuruFocus' analysis, Akasaka Diesels stock appears to be undervalued.
The current stock price of 円2,514.00 is trading 2.2% below its estimated GF Value™ of 円2,571.81.
GuruFocus considers Akasaka Diesels to be Fairly Valued.
Key valuation signals for TSE:6022:
Altman Z-Score: 1.19 (24% below median its 10-year median of 1.57)
GF Value™: 円2,571.81 vs. price of 円2,514.00 (2.2% below fair value)
Industry Position: 65% below the Aerospace & Defense median (#295 of 337)
No single metric tells the full story. See the TSE:6022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Akasaka Diesels Ltd is a Japan-based machinery manufacturing company. It is mainly engaged in the design, manufacture, and sale of the marine diesel engine and other machinery and equipment. It offers marine and industrial machinery products including 4stroke engine, 2stroke engine, remote controller, institution monitoring equipment, vibration, and noise reduction technology, and air motor. The company is also engaged in selling and leasing of marine equipment, oceanographic instruments, environmental pollution control equipment, satellite utilization measuring equipment, astronomical observation equipment, castings, and forged steel products.
65GF Score
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