Tsukuba Seiko Co (TSE:6596) Altman Z-Score: 19.28 (As of Jul. 15, 2026) — 65% Above Median

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TSE:6596 Tsukuba Seiko Co Ltd TSE:6596
58 GF Score
Price 円990.00
GF Value 円1,166.88
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Tsukuba Seiko Co Altman Z-Score?

Tsukuba Seiko Co TSE:6596 58 Altman Z-Score is 19.28 as of Jul. 15, 2026, which is 65% above its 10-year median of 11.71. GuruFocus rates TSE:6596 with a GF Score™ of 58/100 and a GF Value™ of 円1,166.88 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,016 Semiconductors companies, Tsukuba Seiko Co ranks better than 82.58% 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 19.28 is strong.

Tsukuba Seiko Co has a Altman Z-Score of 19.28, 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 Tsukuba Seiko Co's Altman Z-Score or its related term are showing as below:

TSE:6596' s Altman Z-Score Range Over the Past 10 Years
Min: 8.38   Med: 11.71   Max: 37.42
Current: 19.28

During the past 10 years, Tsukuba Seiko Co's highest Altman Z-Score was 37.42. The lowest was 8.38. And the median was 11.71.


Tsukuba Seiko Co  (TSE:6596) 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.


Tsukuba Seiko Co Altman Z-Score Related Terms


Tsukuba Seiko Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Tsukuba Seiko 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.

Tsukuba Seiko Co Altman Z-Score Chart

Tsukuba Seiko 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 10.16 8.38 11.76 9.70 19.28

Tsukuba Seiko Co Semi-Annual Data
Mar17 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 11.76 0.00 9.70 0.00 19.28

TSE:6596 vs AMAT, LRCX, KLAC: Altman Z-Score Comparison

For the Semiconductor Equipment & Materials subindustry, Tsukuba Seiko 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.


Tsukuba Seiko Co Altman Z-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Tsukuba Seiko Co's Altman Z-Score distribution charts can be found below:

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


TSE:6596
58GF Score
Tsukuba Seiko Co Ltd TSE:6596
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsukuba Seiko 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.

Tsukuba Seiko 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*0.8115+1.4*-0.2404+3.3*-0.1836+0.6*30.2977+1.0*1.0735
=19.28

* 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259.4 Mil.
Total Current Assets was 円256.7 Mil.
Total Current Liabilities was 円46.2 Mil.
Retained Earnings was 円-62.4 Mil.
Pre-Tax Income was 円-48.8 Mil.
Interest Expense was 円-1.1 Mil.
Revenue was 円278.4 Mil.
Market Cap (Today) was 円3,688.7 Mil.
Total Liabilities was 円121.8 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
=(256.689 - 46.217)/259.369
=0.8115

X2=Retained Earnings/Total Assets
=-62.354/259.369
=-0.2404

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-48.759 - -1.129)/259.369
=-0.1836

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3688.740/121.75
=30.2977

X5=Revenue/Total Assets
=278.434/259.369
=1.0735

The zones of discrimination were as such:

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

Tsukuba Seiko Co has a Altman Z-Score of 19.28 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 19.28 mean?
Tsukuba Seiko Co (TSE:6596) has a Altman Z-Score of 19.28 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tsukuba Seiko Co and its competitors. This is 65% above median its historical median of 11.71. Over the past decade, Tsukuba Seiko Co's Altman Z-Score has ranged from 8.38 to 37.42. According to the industry distribution chart, Tsukuba Seiko Co ranks #177 out of 1016 companies in the Semiconductors industry, placing it in the top 17.4%.
Is Tsukuba Seiko Co's Altman Z-Score too high?
Tsukuba Seiko Co's current Altman Z-Score of 19.28 is 65% above median its 10-year median of 11.71. Over the past 10 years, this metric has ranged from a low of 8.38 to a high of 37.42. The Semiconductors industry median Altman Z-Score is 5.34. Tsukuba Seiko Co's value of 19.28 is 261.4% above this industry median. Based on the distribution chart, Tsukuba Seiko Co ranks #177 out of 1016 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Tsukuba Seiko Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsukuba Seiko Co's Altman Z-Score compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Tsukuba Seiko Co ranks #177 out of 1016 companies for Altman Z-Score. This places Tsukuba Seiko Co in the top 17% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 5.34. Tsukuba Seiko Co's value of 19.28 is 261.4% above this benchmark. Historically, Tsukuba Seiko Co's own Altman Z-Score has ranged from 8.38 to 37.42 over the past decade. While the company's 10-year median is 11.71 vs. the industry median of 5.34, Tsukuba Seiko 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.34, based on 1,016 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. Tsukuba Seiko Co's current Altman Z-Score of 19.28 is 261.4% 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 Tsukuba Seiko Co and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsukuba Seiko Co's current Altman Z-Score is 19.28, which is 65% above median its own 10-year median of 11.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsukuba Seiko Co stock overvalued right now?
Based on GuruFocus' analysis, Tsukuba Seiko Co (TSE:6596) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,166.88, compared to a current price of 円990.00 — trading 15.2% below its estimated fair value. The current Altman Z-Score is 19.28, which is 65% above median its 10-year median of 11.71 and 261.4% above the Semiconductors industry median of 5.34. Tsukuba Seiko Co's overall GF Score™ is 58/100 with 1 warning sign 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 Tsukuba Seiko Co (TSE:6596), the current Altman Z-Score is 19.28 as of Jul. 15, 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 Tsukuba Seiko Co (TSE:6596) Overvalued in 2026?

Based on GuruFocus' analysis, Tsukuba Seiko Co stock appears to be undervalued. The current stock price of 円990.00 is trading 15.2% below its estimated GF Value™ of 円1,166.88. GuruFocus considers Tsukuba Seiko Co to be Modestly Undervalued.

Key valuation signals for TSE:6596:

  • Altman Z-Score: 19.28 (65% above median its 10-year median of 11.71)
  • GF Value™: 円1,166.88 vs. price of 円990.00 (15.2% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 261.4% above the Semiconductors median (#177 of 1016)

No single metric tells the full story. See the TSE:6596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsukuba Seiko Co Business Description

Address 2168-10 Ganjoji, Kamigamo, Kamisuwa-machi, Kawachi-gun, Tochigi, JPN, 329-0617
Tsukuba Seiko Co Ltd is mainly engaged in the development, manufacture, and sale of electrostatic clamping systems. Its product offerings include thin hand, cordless holder, wafer support, waferhand, and electrostatic belt.
58GF Score

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

円990.00
Price
円1,166.88
GF Value