GameWith (TSE:6552) Altman Z-Score: 4.47 (As of Jul. 01, 2026) — 25% Below Median


TSE:6552 GameWith Inc TSE:6552
75 GF Score
Price 円180.00
GF Value 円352.84
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is GameWith Altman Z-Score?

GameWith TSE:6552 75 Altman Z-Score is 4.47 as of Jul. 01, 2026, which is 25% below its 10-year median of 5.94. GuruFocus rates TSE:6552 with a GF Score™ of 75/100 and a GF Value™ of 円352.84 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 549 Interactive Media companies, GameWith ranks better than 60.47% 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 4.16 is strong.

GameWith has a Altman Z-Score of 4.47, 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 GameWith's Altman Z-Score or its related term are showing as below:

TSE:6552' s Altman Z-Score Range Over the Past 10 Years
Min: 4.16   Med: 5.94   Max: 53.67
Current: 4.16

During the past 11 years, GameWith's highest Altman Z-Score was 53.67. The lowest was 4.16. And the median was 5.94.


GameWith  (TSE:6552) 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.


GameWith Altman Z-Score Related Terms


GameWith Altman Z-Score Historical Data

* Premium members only.

The historical data trend for GameWith'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.

GameWith Altman Z-Score Chart

GameWith Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.88 5.42 5.94 5.08 4.91

GameWith Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 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 5.08 5.16 4.91 4.25 0.00

TSE:6552 vs NTES, EA, TTWO: Altman Z-Score Comparison

For the Electronic Gaming & Multimedia subindustry, GameWith'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.


GameWith Altman Z-Score vs Interactive Media Industry

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

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


TSE:6552
75GF Score
GameWith Inc TSE:6552
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GameWith 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.

GameWith'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*0.6227+1.4*0.5855+3.3*0.0372+0.6*4.0844+1.0*0.3252
=4.47

* 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3,599 Mil.
Total Current Assets was 円2,980 Mil.
Total Current Liabilities was 円739 Mil.
Retained Earnings was 円2,107 Mil.
Pre-Tax Income was 133.778 + 0 + 0 + 0 = 円134 Mil.
Interest Expense was 0 + 0 + 0 + 0 = 円0 Mil.
Revenue was 1170.422 + 0 + 0 + 0 = 円1,170 Mil.
Market Cap (Today) was 円3,143 Mil.
Total Liabilities was 円770 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
=(2979.859 - 738.609)/3599.332
=0.6227

X2=Retained Earnings/Total Assets
=2107.297/3599.332
=0.5855

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(133.778 - 0)/3599.332
=0.0372

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3143.366/769.603
=4.0844

X5=Revenue/Total Assets
=1170.422/3599.332
=0.3252

The zones of discrimination were as such:

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

GameWith has a Altman Z-Score of 4.47 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 4.47 mean?
GameWith (TSE:6552) has a Altman Z-Score of 4.47 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on GameWith and its competitors. This is 25% below median its historical median of 5.94. Over the past decade, GameWith's Altman Z-Score has ranged from 4.16 to 53.67. According to the industry distribution chart, GameWith ranks #217 out of 549 companies in the Interactive Media industry, placing it in the top 39.5%.
Is GameWith's Altman Z-Score too high?
GameWith's current Altman Z-Score of 4.47 is 25% below median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 53.67. The Interactive Media industry median Altman Z-Score is 3.02. GameWith's value of 4.47 is 48% above this industry median. Based on the distribution chart, GameWith ranks #217 out of 549 companies in the Interactive Media industry, which is above the industry midpoint. Overall, GameWith has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GameWith's Altman Z-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, GameWith ranks #217 out of 549 companies for Altman Z-Score. This puts GameWith in the upper half of its industry. The industry median Altman Z-Score is 3.02. GameWith's value of 4.47 is 48% above this benchmark. Historically, GameWith's own Altman Z-Score has ranged from 4.16 to 53.67 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 3.02, GameWith 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 Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.02, based on 549 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. GameWith's current Altman Z-Score of 4.47 is 48% 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 GameWith and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GameWith's current Altman Z-Score is 4.47, which is 25% below median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameWith stock overvalued right now?
Based on GuruFocus' analysis, GameWith (TSE:6552) is currently considered Significantly Undervalued. The stock's GF Value™ is 円352.84, compared to a current price of 円180.00 — trading 49% below its estimated fair value. The current Altman Z-Score is 4.47, which is 25% below median its 10-year median of 5.94 and 48% above the Interactive Media industry median of 3.02. GameWith's overall GF Score™ is 75/100 with 2 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 GameWith (TSE:6552), the current Altman Z-Score is 4.47 as of Jul. 01, 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 GameWith (TSE:6552) Overvalued in 2026?

Based on GuruFocus' analysis, GameWith stock appears to be undervalued. The current stock price of 円180.00 is trading 49% below its estimated GF Value™ of 円352.84. GuruFocus considers GameWith to be Significantly Undervalued.

Key valuation signals for TSE:6552:

  • Altman Z-Score: 4.47 (25% below median its 10-year median of 5.94)
  • GF Value™: 円352.84 vs. price of 円180.00 (49% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 48% above the Interactive Media median (#217 of 549)

No single metric tells the full story. See the TSE:6552 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GameWith Business Description

Address 1-4-1 Mita, Minato-ku, Sumitomo Fudosan Azabu-juban Bldg. 4th Floor, Tokyo, JPN, 108-0073
GameWith Inc is engaged in the media business that provides game information. The services provided by the company include providing information about games favorably, providing information about finding games, and providing functions that allow game users to interact with each other. The two reporting segments are eSports and Entertainment Business, which operates e-sports teams, and Ater Management.
75GF Score

Get the complete analysis for TSE:6552

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

円180.00
Price
円352.84
GF Value