OKANO VALVE MFG Co (TSE:6492) Altman Z-Score: 8.50 (As of Jul. 11, 2026) — 172% Above Median


TSE:6492 OKANO VALVE MFG Co Ltd TSE:6492
56 GF Score
Price 円16,900.00
GF Value 円6,664.39
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is OKANO VALVE MFG Co Altman Z-Score?

OKANO VALVE MFG Co TSE:6492 +0.06% 56 Altman Z-Score is 8.50 as of Jul. 11, 2026, which is 172% above its 10-year median of 3.13. GuruFocus rates TSE:6492 with a GF Score™ of 56/100 and a GF Value™ of 円6,664.39 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,006 Industrial Products companies, OKANO VALVE MFG Co ranks better than 86.96% 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 10.09 is strong.

OKANO VALVE MFG Co has a Altman Z-Score of 8.50, 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 OKANO VALVE MFG Co's Altman Z-Score or its related term are showing as below:

TSE:6492' s Altman Z-Score Range Over the Past 10 Years
Min: 2.17   Med: 3.13   Max: 10.09
Current: 10.09

During the past 13 years, OKANO VALVE MFG Co's highest Altman Z-Score was 10.09. The lowest was 2.17. And the median was 3.13.


OKANO VALVE MFG Co  (TSE:6492) 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.


OKANO VALVE MFG Co Altman Z-Score Related Terms


OKANO VALVE MFG Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for OKANO VALVE MFG 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.

OKANO VALVE MFG Co Altman Z-Score Chart

OKANO VALVE MFG Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.76 3.04 3.16 3.45

OKANO VALVE MFG Co Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 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 3.45 4.23 4.17 4.05 0.00

TSE:6492 vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, OKANO VALVE MFG 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.


OKANO VALVE MFG Co Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKANO VALVE MFG Co's Altman Z-Score distribution charts can be found below:

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


TSE:6492
56GF Score
OKANO VALVE MFG Co Ltd TSE:6492
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OKANO VALVE MFG 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.

OKANO VALVE MFG 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*0.5778+1.4*0.6727+3.3*0.0719+0.6*10.0682+1.0*0.5829
=8.50

* 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. 2023:
Total Assets was 円12,707 Mil.
Total Current Assets was 円8,673 Mil.
Total Current Liabilities was 円1,331 Mil.
Retained Earnings was 円8,548 Mil.
Pre-Tax Income was 円910 Mil.
Interest Expense was 円-4 Mil.
Revenue was 円7,407 Mil.
Market Cap (Today) was 円27,154 Mil.
Total Liabilities was 円2,697 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
=(8673 - 1331)/12707
=0.5778

X2=Retained Earnings/Total Assets
=8548/12707
=0.6727

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(910 - -4)/12707
=0.0719

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=27153.923/2697
=10.0682

X5=Revenue/Total Assets
=7407/12707
=0.5829

The zones of discrimination were as such:

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

OKANO VALVE MFG Co has a Altman Z-Score of 8.50 indicating it is in Safe 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 8.50 mean?
OKANO VALVE MFG Co (TSE:6492) has a Altman Z-Score of 8.50 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on OKANO VALVE MFG Co and its competitors. This is 172% above median its historical median of 3.13. Over the past decade, OKANO VALVE MFG Co's Altman Z-Score has ranged from 2.17 to 10.09. According to the industry distribution chart, OKANO VALVE MFG Co ranks #392 out of 3006 companies in the Industrial Products industry, placing it in the top 13%.
Is OKANO VALVE MFG Co's Altman Z-Score too high?
OKANO VALVE MFG Co's current Altman Z-Score of 8.50 is 172% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 10.09. The Industrial Products industry median Altman Z-Score is 3.38. OKANO VALVE MFG Co's value of 8.50 is 151.5% above this industry median. Based on the distribution chart, OKANO VALVE MFG Co ranks #392 out of 3006 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, OKANO VALVE MFG Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKANO VALVE MFG Co's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, OKANO VALVE MFG Co ranks #392 out of 3006 companies for Altman Z-Score. This places OKANO VALVE MFG Co in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.38. OKANO VALVE MFG Co's value of 8.50 is 151.5% above this benchmark. Historically, OKANO VALVE MFG Co's own Altman Z-Score has ranged from 2.17 to 10.09 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 3.38, OKANO VALVE MFG 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 3.38, 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. OKANO VALVE MFG Co's current Altman Z-Score of 8.50 is 151.5% 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 OKANO VALVE MFG Co 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. OKANO VALVE MFG Co's current Altman Z-Score is 8.50, which is 172% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKANO VALVE MFG Co stock overvalued right now?
Based on GuruFocus' analysis, OKANO VALVE MFG Co (TSE:6492) is currently considered Significantly Overvalued. The stock's GF Value™ is 円6,664.39, compared to a current price of 円16,900.00 — trading 153.6% above its estimated fair value. The current Altman Z-Score is 8.50, which is 172% above median its 10-year median of 3.13 and 151.5% above the Industrial Products industry median of 3.38. OKANO VALVE MFG Co's overall GF Score™ is 56/100 with 3 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 OKANO VALVE MFG Co (TSE:6492), the current Altman Z-Score is 8.50 as of Jul. 11, 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 OKANO VALVE MFG Co (TSE:6492) Overvalued in 2026?

Based on GuruFocus' analysis, OKANO VALVE MFG Co stock appears to be overvalued. The current stock price of 円16,900.00 is trading 153.6% above its estimated GF Value™ of 円6,664.39. GuruFocus considers OKANO VALVE MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:6492:

  • Altman Z-Score: 8.50 (172% above median its 10-year median of 3.13)
  • GF Value™: 円6,664.39 vs. price of 円16,900.00 (153.6% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 151.5% above the Industrial Products median (#392 of 3006)

No single metric tells the full story. See the TSE:6492 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OKANO VALVE MFG Co Business Description

Address 1-14, Nakamachi, Moji Ward, Fukuoka Prefecture, Kitakyushu, JPN, 800-8601
OKANO VALVE MFG Co Ltd is engaged in the development, manufacturing and maintenance of high temperature and high-pressure valves for industrial applications. It manufactures other industrial products and parts using its foundry capabilities. The company also carries out various construction and maintenance works in industrial plants. It Implements and supports condition monitoring of industrial valves using current signature analysis technology.
56GF Score

Get the complete analysis for TSE:6492

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

円16,900.00
Price
円6,664.39
GF Value