TPR Co (TSE:6463) Altman Z-Score: 2.28 (As of Jul. 03, 2026) — Near Median


TSE:6463 TPR Co Ltd TSE:6463
74 GF Score
Price 円1,417.00
GF Value 円1,179.10
Valuation Modestly Overvalued
! 7 Warning Signs
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What is TPR Co Altman Z-Score?

TPR Co TSE:6463 -0.56% 74 Altman Z-Score is 2.28 as of Jul. 03, 2026, which is 8% above its 10-year median of 2.11. GuruFocus rates TSE:6463 with a GF Score™ of 74/100 and a GF Value™ of 円1,179.10 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,312 Vehicles & Parts companies, TPR Co ranks worse than 55.79% 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 2.29 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.

TPR Co has a Altman Z-Score of 2.28, indicating it is in Grey Zones. This implies that TPR 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 TPR Co's Altman Z-Score or its related term are showing as below:

TSE:6463' s Altman Z-Score Range Over the Past 10 Years
Min: 1.86   Med: 2.11   Max: 2.72
Current: 2.29

During the past 13 years, TPR Co's highest Altman Z-Score was 2.72. The lowest was 1.86. And the median was 2.11.


TPR Co  (TSE:6463) 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.


TPR Co Altman Z-Score Related Terms


TPR Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for TPR 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.

TPR Co Altman Z-Score Chart

TPR Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.86 2.14 2.08 2.20

TPR Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only 2.08 1.99 2.34 2.29 2.20

TSE:6463 vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, TPR 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.


TPR Co Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TPR Co's Altman Z-Score distribution charts can be found below:

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


TSE:6463
74GF Score
TPR Co Ltd TSE:6463
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPR 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.

TPR 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*0.2852+1.4*0.3913+3.3*0.0538+0.6*0.9869+1.0*0.6236
=2.28

* 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 Mar. 2026:
Total Assets was 円305,583 Mil.
Total Current Assets was 円149,745 Mil.
Total Current Liabilities was 円62,607 Mil.
Retained Earnings was 円119,561 Mil.
Pre-Tax Income was 4262 + 3809 + 5604 + 2357 = 円16,032 Mil.
Interest Expense was -118 + -105 + -109 + -89 = 円-421 Mil.
Revenue was 52497 + 47715 + 46475 + 43866 = 円190,553 Mil.
Market Cap (Today) was 円91,358 Mil.
Total Liabilities was 円92,569 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
=(149745 - 62607)/305583
=0.2852

X2=Retained Earnings/Total Assets
=119561/305583
=0.3913

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(16032 - -421)/305583
=0.0538

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=91357.773/92569
=0.9869

X5=Revenue/Total Assets
=190553/305583
=0.6236

The zones of discrimination were as such:

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

TPR Co has a Altman Z-Score of 2.28 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 2.28 mean?
TPR Co (TSE:6463) has a Altman Z-Score of 2.28 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on TPR Co and its competitors. This is near median its historical median of 2.11. Over the past decade, TPR Co's Altman Z-Score has ranged from 1.86 to 2.72. According to the industry distribution chart, TPR Co ranks #732 out of 1312 companies in the Vehicles & Parts industry, placing it in the top 55.8%.
Is TPR Co's Altman Z-Score too high?
TPR Co's current Altman Z-Score of 2.28 is near median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 2.72. The Vehicles & Parts industry median Altman Z-Score is 2.54. TPR Co's value of 2.28 is 10.2% below this industry median. Based on the distribution chart, TPR Co ranks #732 out of 1312 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, TPR Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TPR Co's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, TPR Co ranks #732 out of 1312 companies for Altman Z-Score. This places TPR Co in the lower half of its industry. The industry median Altman Z-Score is 2.54. TPR Co's value of 2.28 is 10.2% below this benchmark. Historically, TPR Co's own Altman Z-Score has ranged from 1.86 to 2.72 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 2.54, TPR 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 a Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.54, based on 1,312 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. TPR Co's current Altman Z-Score of 2.28 is 10.2% 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 TPR Co and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPR Co's current Altman Z-Score is 2.28, which is near median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPR Co stock overvalued right now?
Based on GuruFocus' analysis, TPR Co (TSE:6463) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,179.10, compared to a current price of 円1,417.00 — trading 20.2% above its estimated fair value. The current Altman Z-Score is 2.28, which is near median its 10-year median of 2.11 and 10.2% below the Vehicles & Parts industry median of 2.54. TPR Co's overall GF Score™ is 74/100 with 7 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 TPR Co (TSE:6463), the current Altman Z-Score is 2.28 as of Jul. 03, 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 TPR Co (TSE:6463) Overvalued in 2026?

Based on GuruFocus' analysis, TPR Co stock appears to be overvalued. The current stock price of 円1,417.00 is trading 20.2% above its estimated GF Value™ of 円1,179.10. GuruFocus considers TPR Co to be Modestly Overvalued.

Key valuation signals for TSE:6463:

  • Altman Z-Score: 2.28 (near median its 10-year median of 2.11)
  • GF Value™: 円1,179.10 vs. price of 円1,417.00 (20.2% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 10.2% below the Vehicles & Parts median (#732 of 1312)

No single metric tells the full story. See the TSE:6463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TPR Co Business Description

Address Marunouchi Trust Tower, N12F1-8-1,Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
TPR Co Ltd is a Japan-based machinery manufacturing company. It is engaged in manufacturing and marketing automobile-related such as piston rings, cylinder liners, valve seats, internal combustion parts, control valves, infrared, copper alloys, tools and is also engaged in the civil engineering business. The company's products are distributed to the domestic market in Japan, and international markets, including Asia, the North America, and Europe.
74GF Score

Get the complete analysis for TSE:6463

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

円1,417.00
Price
円1,179.10
GF Value