AtraeTSE:6194 99 Altman Z-Score is 7.40 as of Jul. 09, 2026, which is 77% below its 10-year median of 32.24. GuruFocus rates TSE:6194 with a GF Score™ of 99/100 and a GF Value™ of 円877.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,060 Business Services companies, Atrae ranks better than 86.13% 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 7.32 is strong.
Atrae has a Altman Z-Score of 7.40, 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 Atrae's Altman Z-Score or its related term are showing as below:
TSE:6194'
s Altman Z-Score Range Over the Past 10 Years
Min: 5.81 Med: 32.24 Max: 104.33
Current: 7.32
During the past 11 years, Atrae's highest Altman Z-Score was 104.33. The lowest was 5.81. And the median was 32.24.
Atrae (TSE:6194) 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.
Atrae Altman Z-Score Related Terms
Atrae Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Atrae'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:6194 vs KFY, RHI, TNET: Altman Z-Score Comparison
For the Staffing & Employment Services subindustry, Atrae'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.
Atrae Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Atrae's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Atrae'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.
Atrae'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
*
0.4174
+
1.4
*
0.2178
+
3.3
*
0.2409
+
0.6
*
7.8953
+
1.0
*
1.0576
=
7.40
* 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.
Atrae (TSE:6194) has a Altman Z-Score of 7.40 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Atrae and its competitors. This is 77% below median its historical median of 32.24. Over the past decade, Atrae's Altman Z-Score has ranged from 5.81 to 104.33. According to the industry distribution chart, Atrae ranks #147 out of 1060 companies in the Business Services industry, placing it in the top 13.9%.
Is Atrae's Altman Z-Score too high?
Atrae's current Altman Z-Score of 7.40 is 77% below median its 10-year median of 32.24. Over the past 10 years, this metric has ranged from a low of 5.81 to a high of 104.33. The Business Services industry median Altman Z-Score is 2.95. Atrae's value of 7.40 is 150.8% above this industry median. Based on the distribution chart, Atrae ranks #147 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Atrae has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atrae's Altman Z-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Atrae ranks #147 out of 1060 companies for Altman Z-Score. This places Atrae in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.95. Atrae's value of 7.40 is 150.8% above this benchmark. Historically, Atrae's own Altman Z-Score has ranged from 5.81 to 104.33 over the past decade. While the company's 10-year median is 32.24 vs. the industry median of 2.95, Atrae 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.95, based on 1,060 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. Atrae's current Altman Z-Score of 7.40 is 150.8% 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 Atrae and its competitors. For the Business Services industry, the median Altman Z-Score is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atrae's current Altman Z-Score is 7.40, which is 77% below median its own 10-year median of 32.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atrae stock overvalued right now?
Based on GuruFocus' analysis, Atrae (TSE:6194) is currently considered Modestly Undervalued. The stock's GF Value™ is 円877.99, compared to a current price of 円715.00 — trading 18.6% below its estimated fair value. The current Altman Z-Score is 7.40, which is 77% below median its 10-year median of 32.24 and 150.8% above the Business Services industry median of 2.95. Atrae's overall GF Score™ is 99/100 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 Atrae (TSE:6194), the current Altman Z-Score is 7.40 as of Jul. 09, 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 Atrae (TSE:6194) Overvalued in 2026?
Based on GuruFocus' analysis, Atrae stock appears to be undervalued.
The current stock price of 円715.00 is trading 18.6% below its estimated GF Value™ of 円877.99.
GuruFocus considers Atrae to be Modestly Undervalued.
Key valuation signals for TSE:6194:
Altman Z-Score: 7.40 (77% below median its 10-year median of 32.24)
GF Value™: 円877.99 vs. price of 円715.00 (18.6% below fair value)
Industry Position: 150.8% above the Business Services median (#147 of 1060)
No single metric tells the full story. See the TSE:6194 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atrae Inc is an IT service provider in Human Resources field. The company mainly offers the contingent fee typed job site which utilizes big data, as well as planning new business. plans, develops, and manages job information Websites in Japan. It operates green-japan.com, a job media of IT/Web trade, which supports the employment of growing companies; yenta.talentbase.io/yenta/, a matching app that connects business professionals utilizing A.I. technology; and wevox.io/product/, a platform for organizational improvement, as well as provides Web services.
99GF Score
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