Nissen (TSE:6543) Altman Z-Score: 4.62 (As of Jul. 11, 2026) — 28% Above Median


TSE:6543 Nissen Inc TSE:6543
67 GF Score
Price 円1,161.00
GF Value 円808.79
Valuation Significantly Overvalued
View Full Analysis

What is Nissen Altman Z-Score?

Nissen TSE:6543 +0.96% 67 Altman Z-Score is 4.62 as of Jul. 11, 2026, which is 28% above its 10-year median of 3.60. GuruFocus rates TSE:6543 with a GF Score™ of 67/100 and a GF Value™ of 円808.79 (Significantly Overvalued). Among 1,009 Media - Diversified companies, Nissen ranks better than 82.26% 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 4.67 is strong.

Nissen has a Altman Z-Score of 4.62, 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 Nissen's Altman Z-Score or its related term are showing as below:

TSE:6543' s Altman Z-Score Range Over the Past 10 Years
Min: 3.3   Med: 3.6   Max: 4.76
Current: 4.67

During the past 12 years, Nissen's highest Altman Z-Score was 4.76. The lowest was 3.30. And the median was 3.60.


Nissen  (TSE:6543) 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.


Nissen Altman Z-Score Related Terms


Nissen Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Nissen'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.

Nissen Altman Z-Score Chart

Nissen Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 3.57 3.66 3.63 4.76

Nissen Semi-Annual Data
Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 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 3.66 3.82 3.63 3.76 4.76

TSE:6543 vs APP, OMC, TTD: Altman Z-Score Comparison

For the Advertising Agencies subindustry, Nissen'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.


Nissen Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nissen's Altman Z-Score distribution charts can be found below:

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


TSE:6543
67GF Score
Nissen Inc TSE:6543
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissen 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.

Nissen'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*0.3944+1.4*0.6+3.3*0.184+0.6*2.6144+1.0*1.1262
=4.62

* 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 Feb. 2026:
Total Assets was 円5,755 Mil.
Total Current Assets was 円3,509 Mil.
Total Current Liabilities was 円1,240 Mil.
Retained Earnings was 円3,453 Mil.
Pre-Tax Income was 円1,056 Mil.
Interest Expense was 円-3 Mil.
Revenue was 円6,481 Mil.
Market Cap (Today) was 円4,580 Mil.
Total Liabilities was 円1,752 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
=(3509.215 - 1239.555)/5754.784
=0.3944

X2=Retained Earnings/Total Assets
=3452.656/5754.784
=0.6

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1056.194 - -2.888)/5754.784
=0.184

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4579.520/1751.659
=2.6144

X5=Revenue/Total Assets
=6481.269/5754.784
=1.1262

The zones of discrimination were as such:

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

Nissen has a Altman Z-Score of 4.62 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 4.62 mean?
Nissen (TSE:6543) has a Altman Z-Score of 4.62 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nissen and its competitors. This is 28% above median its historical median of 3.60. Over the past decade, Nissen's Altman Z-Score has ranged from 3.30 to 4.76. According to the industry distribution chart, Nissen ranks #179 out of 1009 companies in the Media - Diversified industry, placing it in the top 17.7%.
Is Nissen's Altman Z-Score too high?
Nissen's current Altman Z-Score of 4.62 is 28% above median its 10-year median of 3.60. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 4.76. The Media - Diversified industry median Altman Z-Score is 1.97. Nissen's value of 4.62 is 134.5% above this industry median. Based on the distribution chart, Nissen ranks #179 out of 1009 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Nissen has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nissen's Altman Z-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Nissen ranks #179 out of 1009 companies for Altman Z-Score. This places Nissen in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.97. Nissen's value of 4.62 is 134.5% above this benchmark. Historically, Nissen's own Altman Z-Score has ranged from 3.30 to 4.76 over the past decade. While the company's 10-year median is 3.60 vs. the industry median of 1.97, Nissen 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.97, based on 1,009 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. Nissen's current Altman Z-Score of 4.62 is 134.5% 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 Nissen and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissen's current Altman Z-Score is 4.62, which is 28% above median its own 10-year median of 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissen stock overvalued right now?
Based on GuruFocus' analysis, Nissen (TSE:6543) is currently considered Significantly Overvalued. The stock's GF Value™ is 円808.79, compared to a current price of 円1,161.00 — trading 43.5% above its estimated fair value. The current Altman Z-Score is 4.62, which is 28% above median its 10-year median of 3.60 and 134.5% above the Media - Diversified industry median of 1.97. Nissen's overall GF Score™ is 67/100. 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 Nissen (TSE:6543), the current Altman Z-Score is 4.62 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 Nissen (TSE:6543) Overvalued in 2026?

Based on GuruFocus' analysis, Nissen stock appears to be overvalued. The current stock price of 円1,161.00 is trading 43.5% above its estimated GF Value™ of 円808.79. GuruFocus considers Nissen to be Significantly Overvalued.

Key valuation signals for TSE:6543:

  • Altman Z-Score: 4.62 (28% above median its 10-year median of 3.60)
  • GF Value™: 円808.79 vs. price of 円1,161.00 (43.5% above fair value)
  • GF Score™: 67/100
  • Industry Position: 134.5% above the Media - Diversified median (#179 of 1009)

No single metric tells the full story. See the TSE:6543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissen Business Description

Address 2-6-5 Kandaji-cho, Chiyoda-ku, Nissen Kanda 2nd Building, Tokyo, JPN, 101-0048
Nissen Inc is an advertising and marketing company. It provides services including graphic design, copywriting, talent casting, telemarketing, media production, and other marketing services. It also has a media publishing and printing business and a telemarketing business.
67GF Score

Get the complete analysis for TSE:6543

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

円1,161.00
Price
円808.79
GF Value