Twinbird (TSE:6897) Altman Z-Score: 2.80 (As of Aug. 23, 2026) — 12% Above Median

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TSE:6897 Twinbird Corp TSE:6897
49 GF Score
Price 円677.00
GF Value 円405.89
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Twinbird Altman Z-Score?

Twinbird TSE:6897 +0.30% 49 Altman Z-Score is 2.80 as of Aug. 23, 2026, which is 12% above its 10-year median of 2.50. GuruFocus rates TSE:6897 with a GF Score™ of 49/100 and a GF Value™ of 円405.89 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 430 Furnishings, Fixtures & Appliances companies, Twinbird ranks worse than 59.3% 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.

Warning Sign:

Altman Z-score of 2.37 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Twinbird has a Altman Z-Score of 2.80, indicating it is in Grey Zones. This implies that Twinbird is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Twinbird's Altman Z-Score or its related term are showing as below:

TSE:6897' s Altman Z-Score Range Over the Past 10 Years
Min: 1.89   Med: 2.5   Max: 3.93
Current: 2.37

During the past 13 years, Twinbird's highest Altman Z-Score was 3.93. The lowest was 1.89. And the median was 2.50.


Twinbird  (TSE:6897) 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.


Twinbird Altman Z-Score Related Terms


Twinbird Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Twinbird'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.

Twinbird Altman Z-Score Chart

Twinbird 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 3.93 2.97 2.83 2.34 1.89

Twinbird Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.88 1.84 1.80 1.89 0.00

TSE:6897 vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Twinbird'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.


Twinbird Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Twinbird's Altman Z-Score distribution charts can be found below:

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


TSE:6897
49GF Score
Twinbird Corp TSE:6897
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Twinbird 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.

Twinbird'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*0.3316+1.4*0.1306+3.3*-0.0692+0.6*2.4344+1.0*0.9868
=2.80

* 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9,537 Mil.
Total Current Assets was 円5,421 Mil.
Total Current Liabilities was 円2,259 Mil.
Retained Earnings was 円1,246 Mil.
Pre-Tax Income was 97.985 + -678.951 + -36.357 + -69.294 = 円-687 Mil.
Interest Expense was -6.059 + -7.284 + -6.732 + -6.217 = 円-26 Mil.
Revenue was 2449.896 + 2451.39 + 2298.57 + 2211.402 = 円9,411 Mil.
Market Cap (Today) was 円7,221 Mil.
Total Liabilities was 円2,966 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
=(5421.427 - 2258.827)/9537.24
=0.3316

X2=Retained Earnings/Total Assets
=1245.948/9537.24
=0.1306

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-686.617 - -26.292)/9537.24
=-0.0692

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=7220.577/2966.001
=2.4344

X5=Revenue/Total Assets
=9411.258/9537.24
=0.9868

The zones of discrimination were as such:

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

Twinbird has a Altman Z-Score of 2.80 indicating it is in Grey 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 2.80 mean?
Twinbird (TSE:6897) has a Altman Z-Score of 2.80 as of Aug. 23, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Twinbird and its competitors. This is 12% above median its historical median of 2.50. Over the past decade, Twinbird's Altman Z-Score has ranged from 1.89 to 3.93. According to the industry distribution chart, Twinbird ranks #255 out of 430 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 59.3%.
Is Twinbird's Altman Z-Score too high?
Twinbird's current Altman Z-Score of 2.80 is 12% above median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 3.93. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.80. Twinbird's value of 2.80 is 0% at this industry median. Based on the distribution chart, Twinbird ranks #255 out of 430 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Twinbird has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Twinbird's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Twinbird ranks #255 out of 430 companies for Altman Z-Score. This places Twinbird in the lower half of its industry. The industry median Altman Z-Score is 2.80. Twinbird's value of 2.80 is 0% at this benchmark. Historically, Twinbird's own Altman Z-Score has ranged from 1.89 to 3.93 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 2.80, Twinbird has consistently been at 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.80, based on 430 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. Twinbird's current Altman Z-Score of 2.80 is 0% at 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 Twinbird and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twinbird's current Altman Z-Score is 2.80, which is 12% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twinbird stock overvalued right now?
Based on GuruFocus' analysis, Twinbird (TSE:6897) is currently considered Significantly Overvalued. The stock's GF Value™ is 円405.89, compared to a current price of 円677.00 — trading 66.8% above its estimated fair value. The current Altman Z-Score is 2.80, which is 12% above median its 10-year median of 2.50 and 0% at the Furnishings, Fixtures & Appliances industry median of 2.80. Twinbird's overall GF Score™ is 49/100 with 7 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 Twinbird (TSE:6897), the current Altman Z-Score is 2.80 as of Aug. 23, 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 Twinbird (TSE:6897) Overvalued in 2026?

Based on GuruFocus' analysis, Twinbird stock appears to be overvalued. The current stock price of 円677.00 is trading 66.8% above its estimated GF Value™ of 円405.89. GuruFocus considers Twinbird to be Significantly Overvalued.

Key valuation signals for TSE:6897:

  • Altman Z-Score: 2.80 (12% above median its 10-year median of 2.50)
  • GF Value™: 円405.89 vs. price of 円677.00 (66.8% above fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 0% at the Furnishings, Fixtures & Appliances median (#255 of 430)

No single metric tells the full story. See the TSE:6897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Twinbird Business Description

Address Niigata Yoshida Nishiota 2084-2, Tsubame-shi, Nigata, JPN, 959-0292
Twinbird Corp is a Japan-based consumer electronics manufacturer. The company is mainly engaged in the development and sale of Lighting equipment, cooking appliances, cleaners, household appliances, refrigerators, Washing machines, AV machines, and health and beauty equipment.
49GF 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677.00
Price
円405.89
GF Value