Matching Service Japan Co (TSE:6539) Altman Z-Score: 14.76 (As of Jul. 04, 2026) — 28% Below Median


TSE:6539 Matching Service Japan Co Ltd TSE:6539
91 GF Score
Price 円958.00
GF Value 円1,439.12
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Matching Service Japan Co Altman Z-Score?

Matching Service Japan Co TSE:6539 +0.21% 91 Altman Z-Score is 14.76 as of Jul. 04, 2026, which is 28% below its 10-year median of 20.60. GuruFocus rates TSE:6539 with a GF Score™ of 91/100 and a GF Value™ of 円1,439.12 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,060 Business Services companies, Matching Service Japan Co ranks better than 94.15% 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 14.62 is strong.

Matching Service Japan Co has a Altman Z-Score of 14.76, 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 Matching Service Japan Co's Altman Z-Score or its related term are showing as below:

TSE:6539' s Altman Z-Score Range Over the Past 10 Years
Min: 14.3   Med: 20.6   Max: 42.34
Current: 14.62

During the past 12 years, Matching Service Japan Co's highest Altman Z-Score was 42.34. The lowest was 14.30. And the median was 20.60.


Matching Service Japan Co  (TSE:6539) 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.


Matching Service Japan Co Altman Z-Score Related Terms


Matching Service Japan Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Matching Service Japan 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.

Matching Service Japan Co Altman Z-Score Chart

Matching Service Japan 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 18.33 22.86 17.43 16.01 15.08

Matching Service Japan Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 17.43 16.05 16.01 0.00 15.08

TSE:6539 vs KFY, RHI, TNET: Altman Z-Score Comparison

For the Staffing & Employment Services subindustry, Matching Service Japan 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.


Matching Service Japan Co Altman Z-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Matching Service Japan Co's Altman Z-Score distribution charts can be found below:

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


TSE:6539
91GF Score
Matching Service Japan Co Ltd TSE:6539
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matching Service Japan 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.

Matching Service Japan 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*0.4039+1.4*0.6955+3.3*0.1564+0.6*20.1339+1.0*0.7075
=14.76

* 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10,809 Mil.
Total Current Assets was 円5,376 Mil.
Total Current Liabilities was 円1,010 Mil.
Retained Earnings was 円7,518 Mil.
Pre-Tax Income was 円1,680 Mil.
Interest Expense was 円-11 Mil.
Revenue was 円7,647 Mil.
Market Cap (Today) was 円23,809 Mil.
Total Liabilities was 円1,183 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
=(5375.794 - 1010.242)/10809.109
=0.4039

X2=Retained Earnings/Total Assets
=7518.091/10809.109
=0.6955

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1679.798 - -10.538)/10809.109
=0.1564

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=23809.220/1182.545
=20.1339

X5=Revenue/Total Assets
=7647.329/10809.109
=0.7075

The zones of discrimination were as such:

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

Matching Service Japan Co has a Altman Z-Score of 14.76 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 14.76 mean?
Matching Service Japan Co (TSE:6539) has a Altman Z-Score of 14.76 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Matching Service Japan Co and its competitors. This is 28% below median its historical median of 20.60. Over the past decade, Matching Service Japan Co's Altman Z-Score has ranged from 14.30 to 42.34. According to the industry distribution chart, Matching Service Japan Co ranks #62 out of 1060 companies in the Business Services industry, placing it in the top 5.8%.
Is Matching Service Japan Co's Altman Z-Score too high?
Matching Service Japan Co's current Altman Z-Score of 14.76 is 28% below median its 10-year median of 20.60. Over the past 10 years, this metric has ranged from a low of 14.30 to a high of 42.34. The Business Services industry median Altman Z-Score is 2.97. Matching Service Japan Co's value of 14.76 is 397.8% above this industry median. Based on the distribution chart, Matching Service Japan Co ranks #62 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Matching Service Japan Co has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Matching Service Japan Co's Altman Z-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Matching Service Japan Co ranks #62 out of 1060 companies for Altman Z-Score. This places Matching Service Japan Co in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.97. Matching Service Japan Co's value of 14.76 is 397.8% above this benchmark. Historically, Matching Service Japan Co's own Altman Z-Score has ranged from 14.30 to 42.34 over the past decade. While the company's 10-year median is 20.60 vs. the industry median of 2.97, Matching Service Japan 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 a Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, 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. Matching Service Japan Co's current Altman Z-Score of 14.76 is 397.8% 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 Matching Service Japan Co and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matching Service Japan Co's current Altman Z-Score is 14.76, which is 28% below median its own 10-year median of 20.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matching Service Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Matching Service Japan Co (TSE:6539) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,439.12, compared to a current price of 円958.00 — trading 33.4% below its estimated fair value. The current Altman Z-Score is 14.76, which is 28% below median its 10-year median of 20.60 and 397.8% above the Business Services industry median of 2.97. Matching Service Japan Co's overall GF Score™ is 91/100 with 5 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 Matching Service Japan Co (TSE:6539), the current Altman Z-Score is 14.76 as of Jul. 04, 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 Matching Service Japan Co (TSE:6539) Overvalued in 2026?

Based on GuruFocus' analysis, Matching Service Japan Co stock appears to be undervalued. The current stock price of 円958.00 is trading 33.4% below its estimated GF Value™ of 円1,439.12. GuruFocus considers Matching Service Japan Co to be Significantly Undervalued.

Key valuation signals for TSE:6539:

  • Altman Z-Score: 14.76 (28% below median its 10-year median of 20.60)
  • GF Value™: 円1,439.12 vs. price of 円958.00 (33.4% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 397.8% above the Business Services median (#62 of 1060)

No single metric tells the full story. See the TSE:6539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matching Service Japan Co Business Description

Address 2-10-2 Fujimi Chiyoda-ku, 4th Floor, Iidabashi Grand Bloom, Chiyoda-ku, Tokyo, JPN, 102-0071
Matching Service Japan Co Ltd operates as a recruitment agency. The company offers recruitment services in accounting, finance, general affairs, human resources, legal, and public affairs industries. The Personnel Introduction Business Division handles recruitment services. The Other Incidental Business division includes temporary staffing, M&A intermediate service, accounting and law firms search site, and the operation of other recruitment sites such as KAIKEI FAN and LEGAL NET.
91GF Score

Get the complete analysis for TSE:6539

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

円958.00
Price
円1,439.12
GF Value