Nachi-Fujikoshi (TSE:6474) Altman Z-Score: 2.07 (As of Jul. 10, 2026) — 14% Above Median


TSE:6474 Nachi-Fujikoshi Corp TSE:6474
64 GF Score
Price 円6,280.00
GF Value 円3,462.52
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Nachi-Fujikoshi Altman Z-Score?

Nachi-Fujikoshi TSE:6474 +3.97% 64 Altman Z-Score is 2.07 as of Jul. 10, 2026, which is 14% above its 10-year median of 1.81. GuruFocus rates TSE:6474 with a GF Score™ of 64/100 and a GF Value™ of 円3,462.52 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,006 Industrial Products companies, Nachi-Fujikoshi ranks worse than 73.25% 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 2.14 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.

Nachi-Fujikoshi has a Altman Z-Score of 2.07, indicating it is in Grey Zones. This implies that Nachi-Fujikoshi 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 Nachi-Fujikoshi's Altman Z-Score or its related term are showing as below:

TSE:6474' s Altman Z-Score Range Over the Past 10 Years
Min: 1.73   Med: 1.81   Max: 2.14
Current: 2.14

During the past 13 years, Nachi-Fujikoshi's highest Altman Z-Score was 2.14. The lowest was 1.73. And the median was 1.81.


Nachi-Fujikoshi  (TSE:6474) 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.


Nachi-Fujikoshi Altman Z-Score Related Terms


Nachi-Fujikoshi Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Nachi-Fujikoshi'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.

Nachi-Fujikoshi Altman Z-Score Chart

Nachi-Fujikoshi Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.79 1.74 1.77 1.94

Nachi-Fujikoshi Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.84 1.85 1.87 1.94 0.00

TSE:6474 vs SNA, RBC, LECO: Altman Z-Score Comparison

For the Tools & Accessories subindustry, Nachi-Fujikoshi'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.


Nachi-Fujikoshi Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nachi-Fujikoshi's Altman Z-Score distribution charts can be found below:

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


TSE:6474
64GF Score
Nachi-Fujikoshi Corp TSE:6474
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Nachi-Fujikoshi 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.

Nachi-Fujikoshi'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*0.2533+1.4*0.333+3.3*0.0265+0.6*0.8517+1.0*0.705
=2.07

* 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 Nov. 2025:
Total Assets was 円339,580 Mil.
Total Current Assets was 円171,700 Mil.
Total Current Liabilities was 円85,677 Mil.
Retained Earnings was 円113,083 Mil.
Pre-Tax Income was 1919 + 2454 + 2792 + 793 = 円7,958 Mil.
Interest Expense was -231 + -257 + -248 + -298 = 円-1,034 Mil.
Revenue was 60207 + 61709 + 58307 + 59177 = 円239,400 Mil.
Market Cap (Today) was 円136,766 Mil.
Total Liabilities was 円160,572 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
=(171700 - 85677)/339580
=0.2533

X2=Retained Earnings/Total Assets
=113083/339580
=0.333

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(7958 - -1034)/339580
=0.0265

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=136765.557/160572
=0.8517

X5=Revenue/Total Assets
=239400/339580
=0.705

The zones of discrimination were as such:

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

Nachi-Fujikoshi has a Altman Z-Score of 2.07 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 2.07 mean?
Nachi-Fujikoshi (TSE:6474) has a Altman Z-Score of 2.07 as of Jul. 10, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nachi-Fujikoshi and its competitors. This is 14% above median its historical median of 1.81. Over the past decade, Nachi-Fujikoshi's Altman Z-Score has ranged from 1.73 to 2.14. According to the industry distribution chart, Nachi-Fujikoshi ranks #2202 out of 3006 companies in the Industrial Products industry, placing it in the top 73.3%.
Is Nachi-Fujikoshi's Altman Z-Score too high?
Nachi-Fujikoshi's current Altman Z-Score of 2.07 is 14% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 2.14. The Industrial Products industry median Altman Z-Score is 3.38. Nachi-Fujikoshi's value of 2.07 is 38.8% below this industry median. Based on the distribution chart, Nachi-Fujikoshi ranks #2202 out of 3006 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nachi-Fujikoshi has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nachi-Fujikoshi's Altman Z-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Nachi-Fujikoshi ranks #2202 out of 3006 companies for Altman Z-Score. This places Nachi-Fujikoshi in the lower half of its industry. The industry median Altman Z-Score is 3.38. Nachi-Fujikoshi's value of 2.07 is 38.8% below this benchmark. Historically, Nachi-Fujikoshi's own Altman Z-Score has ranged from 1.73 to 2.14 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 3.38, Nachi-Fujikoshi 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 Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.38, based on 3,006 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. Nachi-Fujikoshi's current Altman Z-Score of 2.07 is 38.8% 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 Nachi-Fujikoshi and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nachi-Fujikoshi's current Altman Z-Score is 2.07, which is 14% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nachi-Fujikoshi stock overvalued right now?
Based on GuruFocus' analysis, Nachi-Fujikoshi (TSE:6474) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,462.52, compared to a current price of 円6,280.00 — trading 81.4% above its estimated fair value. The current Altman Z-Score is 2.07, which is 14% above median its 10-year median of 1.81 and 38.8% below the Industrial Products industry median of 3.38. Nachi-Fujikoshi's overall GF Score™ is 64/100 with 9 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 Nachi-Fujikoshi (TSE:6474), the current Altman Z-Score is 2.07 as of Jul. 10, 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 Nachi-Fujikoshi (TSE:6474) Overvalued in 2026?

Based on GuruFocus' analysis, Nachi-Fujikoshi stock appears to be overvalued. The current stock price of 円6,280.00 is trading 81.4% above its estimated GF Value™ of 円3,462.52. GuruFocus considers Nachi-Fujikoshi to be Significantly Overvalued.

Key valuation signals for TSE:6474:

  • Altman Z-Score: 2.07 (14% above median its 10-year median of 1.81)
  • GF Value™: 円3,462.52 vs. price of 円6,280.00 (81.4% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 38.8% below the Industrial Products median (#2202 of 3006)

No single metric tells the full story. See the TSE:6474 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nachi-Fujikoshi Business Description

Other Exchanges 8UM:Germany
Address Shiodome Sumitomo Building 17th Floor, 1-9-2 Higashi-Shinbasi, Minato-ku, Tokyo, JPN, 105-0021
Nachi-Fujikoshi Corp is a Japanese manufacturer of machining tools. The company operates six business segments: bearings, hydraulic equipment, cutting tools, machine tools, robots, and special steels and industrial furnaces. The largest segment by revenue, bearings, offers various forms of ball and roller bearings. The other segments offer drills and mills, broaching machines and power finishers, welding and handling robots, hydraulic valves and pumps, alloys and special steels, coating equipment and services, and thermo-furnace systems.
64GF Score

Get the complete analysis for TSE:6474

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

円6,280.00
Price
円3,462.52
GF Value