Shizuki Electric Co (TSE:6994) Altman Z-Score: 2.95 (As of Jul. 15, 2026) — Near Median

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TSE:6994 Shizuki Electric Co Inc TSE:6994
68 GF Score
Price 円1,090.00
GF Value 円560.60
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Shizuki Electric Co Altman Z-Score?

Shizuki Electric Co TSE:6994 -2.33% 68 Altman Z-Score is 2.95 as of Jul. 15, 2026, which is 5% below its 10-year median of 3.11. GuruFocus rates TSE:6994 with a GF Score™ of 68/100 and a GF Value™ of 円560.60 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 3,005 Industrial Products companies, Shizuki Electric Co ranks worse than 55.41% 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 3 is strong.

Shizuki Electric Co has a Altman Z-Score of 2.95, indicating it is in Grey Zones. This implies that Shizuki Electric Co 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 Shizuki Electric Co's Altman Z-Score or its related term are showing as below:

TSE:6994' s Altman Z-Score Range Over the Past 10 Years
Min: 2.24   Med: 3.11   Max: 4.3
Current: 3

During the past 13 years, Shizuki Electric Co's highest Altman Z-Score was 4.30. The lowest was 2.24. And the median was 3.11.


Shizuki Electric Co  (TSE:6994) 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.


Shizuki Electric Co Altman Z-Score Related Terms


Shizuki Electric Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Shizuki Electric 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.

Shizuki Electric Co Altman Z-Score Chart

Shizuki Electric 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 3.15 2.64 2.28 2.24 2.73

Shizuki Electric 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 2.28 1.96 2.24 0.00 2.73

TSE:6994 vs VRT, BE: Altman Z-Score Comparison

For the Electrical Equipment & Parts subindustry, Shizuki Electric 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.


Shizuki Electric Co Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shizuki Electric Co's Altman Z-Score distribution charts can be found below:

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


TSE:6994
68GF Score
Shizuki Electric Co Inc TSE:6994
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Shizuki Electric 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.

Shizuki Electric 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*0.3858+1.4*0.3774+3.3*0.0729+0.6*1.7383+1.0*0.6725
=2.95

* 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41,627 Mil.
Total Current Assets was 円22,191 Mil.
Total Current Liabilities was 円6,133 Mil.
Retained Earnings was 円15,710 Mil.
Pre-Tax Income was 円2,961 Mil.
Interest Expense was 円-74 Mil.
Revenue was 円27,996 Mil.
Market Cap (Today) was 円27,528 Mil.
Total Liabilities was 円15,836 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
=(22190.913 - 6133.243)/41626.637
=0.3858

X2=Retained Earnings/Total Assets
=15709.507/41626.637
=0.3774

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2961.337 - -73.721)/41626.637
=0.0729

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=27527.773/15835.705
=1.7383

X5=Revenue/Total Assets
=27995.716/41626.637
=0.6725

The zones of discrimination were as such:

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

Shizuki Electric Co has a Altman Z-Score of 2.95 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 2.95 mean?
Shizuki Electric Co (TSE:6994) has a Altman Z-Score of 2.95 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shizuki Electric Co and its competitors. This is near median its historical median of 3.11. Over the past decade, Shizuki Electric Co's Altman Z-Score has ranged from 2.24 to 4.30. According to the industry distribution chart, Shizuki Electric Co ranks #1665 out of 3005 companies in the Industrial Products industry, placing it in the top 55.4%.
Is Shizuki Electric Co's Altman Z-Score too high?
Shizuki Electric Co's current Altman Z-Score of 2.95 is near median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 4.30. The Industrial Products industry median Altman Z-Score is 3.31. Shizuki Electric Co's value of 2.95 is 10.9% below this industry median. Based on the distribution chart, Shizuki Electric Co ranks #1665 out of 3005 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shizuki Electric Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shizuki Electric Co's Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shizuki Electric Co ranks #1665 out of 3005 companies for Altman Z-Score. This places Shizuki Electric Co in the lower half of its industry. The industry median Altman Z-Score is 3.31. Shizuki Electric Co's value of 2.95 is 10.9% below this benchmark. Historically, Shizuki Electric Co's own Altman Z-Score has ranged from 2.24 to 4.30 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 3.31, Shizuki Electric Co has consistently been below 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 Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.31, based on 3,005 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. Shizuki Electric Co's current Altman Z-Score of 2.95 is 10.9% below 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 Shizuki Electric Co and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shizuki Electric Co's current Altman Z-Score is 2.95, which is near median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shizuki Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Shizuki Electric Co (TSE:6994) is currently considered Significantly Overvalued. The stock's GF Value™ is 円560.60, compared to a current price of 円1,090.00 — trading 94.4% above its estimated fair value. The current Altman Z-Score is 2.95, which is near median its 10-year median of 3.11 and 10.9% below the Industrial Products industry median of 3.31. Shizuki Electric Co's overall GF Score™ is 68/100 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 Shizuki Electric Co (TSE:6994), the current Altman Z-Score is 2.95 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 Shizuki Electric Co (TSE:6994) Overvalued in 2026?

Based on GuruFocus' analysis, Shizuki Electric Co stock appears to be overvalued. The current stock price of 円1,090.00 is trading 94.4% above its estimated GF Value™ of 円560.60. GuruFocus considers Shizuki Electric Co to be Significantly Overvalued.

Key valuation signals for TSE:6994:

  • Altman Z-Score: 2.95 (near median its 10-year median of 3.11)
  • GF Value™: 円560.60 vs. price of 円1,090.00 (94.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 10.9% below the Industrial Products median (#1665 of 3005)

No single metric tells the full story. See the TSE:6994 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shizuki Electric Co Business Description

Address 10-45 Taisha-cho, Hyogo, Nishinomiya, JPN, 662-0867
Shizuki Electric Co Inc is a Japan-based company engaged in the manufacture and sale of electric accumulators and other various electric and communication machinery and equipment. The firm offers capitors and power equipment system products for industrial, living environments, power equipment and automobiles. Its product offerings are used in inverter, solar, noise countermeasure, short time power failure compensation, power factor improvement, voltage compensation, energy saving, flicker suppression, among others.
68GF Score

Get the complete analysis for TSE:6994

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

円1,090.00
Price
円560.60
GF Value