NS Tool CoTSE:6157 +3.51%76 Altman Z-Score is 10.47 as of Jul. 06, 2026, which is 16% below its 10-year median of 12.50. GuruFocus rates TSE:6157 with a GF Score™ of 76/100 and a GF Value™ of 円896.14 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,008 Industrial Products companies, NS Tool Co ranks better than 87.83% 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 10.47 is strong.
NS Tool Co has a Altman Z-Score of 10.47, 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 NS Tool Co's Altman Z-Score or its related term are showing as below:
TSE:6157'
s Altman Z-Score Range Over the Past 10 Years
Min: 9.48 Med: 12.5 Max: 18.21
Current: 10.47
During the past 13 years, NS Tool Co's highest Altman Z-Score was 18.21. The lowest was 9.48. And the median was 12.50.
NS Tool Co (TSE:6157) 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.
NS Tool Co Altman Z-Score Related Terms
NS Tool Co Altman Z-Score Historical Data
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The historical data trend for NS Tool 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:6157 vs SNA, RBC, LECO: Altman Z-Score Comparison
For the Tools & Accessories subindustry, NS Tool 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.
NS Tool Co Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NS Tool Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where NS Tool 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.
NS Tool 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
*
0.6091
+
1.4
*
0.9193
+
3.3
*
0.1028
+
0.6
*
12.7114
+
1.0
*
0.4845
=
10.47
* 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.
NS Tool Co (TSE:6157) has a Altman Z-Score of 10.47 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on NS Tool Co and its competitors. This is 16% below median its historical median of 12.50. Over the past decade, NS Tool Co's Altman Z-Score has ranged from 9.48 to 18.21. According to the industry distribution chart, NS Tool Co ranks #366 out of 3008 companies in the Industrial Products industry, placing it in the top 12.2%.
Is NS Tool Co's Altman Z-Score too high?
NS Tool Co's current Altman Z-Score of 10.47 is 16% below median its 10-year median of 12.50. Over the past 10 years, this metric has ranged from a low of 9.48 to a high of 18.21. The Industrial Products industry median Altman Z-Score is 3.40. NS Tool Co's value of 10.47 is 207.9% above this industry median. Based on the distribution chart, NS Tool Co ranks #366 out of 3008 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NS Tool Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NS Tool Co's Altman Z-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, NS Tool Co ranks #366 out of 3008 companies for Altman Z-Score. This places NS Tool Co in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.40. NS Tool Co's value of 10.47 is 207.9% above this benchmark. Historically, NS Tool Co's own Altman Z-Score has ranged from 9.48 to 18.21 over the past decade. While the company's 10-year median is 12.50 vs. the industry median of 3.40, NS Tool 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.40, based on 3,008 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. NS Tool Co's current Altman Z-Score of 10.47 is 207.9% 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 NS Tool Co and its competitors. For the Industrial Products 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. NS Tool Co's current Altman Z-Score is 10.47, which is 16% below median its own 10-year median of 12.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NS Tool Co stock overvalued right now?
Based on GuruFocus' analysis, NS Tool Co (TSE:6157) is currently considered Fairly Valued. The stock's GF Value™ is 円896.14, compared to a current price of 円944.00 — trading 5.3% above its estimated fair value. The current Altman Z-Score is 10.47, which is 16% below median its 10-year median of 12.50 and 207.9% above the Industrial Products industry median of 3.40. NS Tool Co's overall GF Score™ is 76/100 with 1 warning sign 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 NS Tool Co (TSE:6157), the current Altman Z-Score is 10.47 as of Jul. 06, 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 NS Tool Co (TSE:6157) Overvalued in 2026?
Based on GuruFocus' analysis, NS Tool Co stock appears to be overvalued.
The current stock price of 円944.00 is trading 5.3% above its estimated GF Value™ of 円896.14.
GuruFocus considers NS Tool Co to be Fairly Valued.
Key valuation signals for TSE:6157:
Altman Z-Score: 10.47 (16% below median its 10-year median of 12.50)
GF Value™: 円896.14 vs. price of 円944.00 (5.3% above fair value)
Industry Position: 207.9% above the Industrial Products median (#366 of 3008)
No single metric tells the full story. See the TSE:6157 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ns Tool Co Ltd manufactures and sells cutting tools. The company's products include cutters and chucks, end mills in square, ball, taper, and radius types, cutter series for a copper electrode, aluminum, and plastic among others.
76GF Score
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