Feedforce Group (TSE:7068) Altman Z-Score: 3.85 (As of Jul. 05, 2026) — Near Median


TSE:7068 Feedforce Group Inc TSE:7068
78 GF Score
Price 円553.00
GF Value 円745.13
Valuation Modestly Undervalued
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What is Feedforce Group Altman Z-Score?

Feedforce Group TSE:7068 +2.41% 78 Altman Z-Score is 3.85 as of Jul. 05, 2026, which is 8% above its 10-year median of 3.55. GuruFocus rates TSE:7068 with a GF Score™ of 78/100 and a GF Value™ of 円745.13 (Modestly Undervalued). Among 1,013 Media - Diversified companies, Feedforce Group ranks better than 73.45% 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 3.56 is strong.

Feedforce Group has a Altman Z-Score of 3.85, 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 Feedforce Group's Altman Z-Score or its related term are showing as below:

TSE:7068' s Altman Z-Score Range Over the Past 10 Years
Min: 2.69   Med: 3.55   Max: 5.24
Current: 3.56

During the past 10 years, Feedforce Group's highest Altman Z-Score was 5.24. The lowest was 2.69. And the median was 3.55.


Feedforce Group  (TSE:7068) 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.


Feedforce Group Altman Z-Score Related Terms


Feedforce Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Feedforce Group'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.

Feedforce Group Altman Z-Score Chart

Feedforce Group Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 4.84 3.88 3.22 0.00

Feedforce Group Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 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 3.22 3.63 3.67 3.82 0.00

TSE:7068 vs APP, OMC, TTD: Altman Z-Score Comparison

For the Advertising Agencies subindustry, Feedforce Group'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.


Feedforce Group Altman Z-Score vs Media - Diversified Industry

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

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


TSE:7068
78GF Score
Feedforce Group Inc TSE:7068
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feedforce Group 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.

Feedforce Group'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*0.4304+1.4*0.4287+3.3*0.1858+0.6*2.7975+1.0*0.4399
=3.85

* 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8,502 Mil.
Total Current Assets was 円7,287 Mil.
Total Current Liabilities was 円3,628 Mil.
Retained Earnings was 円3,645 Mil.
Pre-Tax Income was 543 + 509 + 0 + 506 = 円1,558 Mil.
Interest Expense was -9 + -7 + 0 + -6 = 円-22 Mil.
Revenue was 1309 + 1232 + 0 + 1199 = 円3,740 Mil.
Market Cap (Today) was 円13,199 Mil.
Total Liabilities was 円4,718 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
=(7287 - 3628)/8502
=0.4304

X2=Retained Earnings/Total Assets
=3645/8502
=0.4287

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1558 - -22)/8502
=0.1858

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13198.594/4718
=2.7975

X5=Revenue/Total Assets
=3740/8502
=0.4399

The zones of discrimination were as such:

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

Feedforce Group has a Altman Z-Score of 3.85 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 3.85 mean?
Feedforce Group (TSE:7068) has a Altman Z-Score of 3.85 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Feedforce Group and its competitors. This is near median its historical median of 3.55. Over the past decade, Feedforce Group's Altman Z-Score has ranged from 2.69 to 5.24. According to the industry distribution chart, Feedforce Group ranks #269 out of 1013 companies in the Media - Diversified industry, placing it in the top 26.6%.
Is Feedforce Group's Altman Z-Score too high?
Feedforce Group's current Altman Z-Score of 3.85 is near median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 5.24. The Media - Diversified industry median Altman Z-Score is 1.95. Feedforce Group's value of 3.85 is 97.4% above this industry median. Based on the distribution chart, Feedforce Group ranks #269 out of 1013 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Feedforce Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Feedforce Group's Altman Z-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Feedforce Group ranks #269 out of 1013 companies for Altman Z-Score. This puts Feedforce Group in the upper half of its industry. The industry median Altman Z-Score is 1.95. Feedforce Group's value of 3.85 is 97.4% above this benchmark. Historically, Feedforce Group's own Altman Z-Score has ranged from 2.69 to 5.24 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 1.95, Feedforce Group 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 1.95, based on 1,013 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. Feedforce Group's current Altman Z-Score of 3.85 is 97.4% 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 Feedforce Group and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feedforce Group's current Altman Z-Score is 3.85, which is near median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feedforce Group stock overvalued right now?
Based on GuruFocus' analysis, Feedforce Group (TSE:7068) is currently considered Modestly Undervalued. The stock's GF Value™ is 円745.13, compared to a current price of 円553.00 — trading 25.8% below its estimated fair value. The current Altman Z-Score is 3.85, which is near median its 10-year median of 3.55 and 97.4% above the Media - Diversified industry median of 1.95. Feedforce Group's overall GF Score™ is 78/100. 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 Feedforce Group (TSE:7068), the current Altman Z-Score is 3.85 as of Jul. 05, 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 Feedforce Group (TSE:7068) Overvalued in 2026?

Based on GuruFocus' analysis, Feedforce Group stock appears to be undervalued. The current stock price of 円553.00 is trading 25.8% below its estimated GF Value™ of 円745.13. GuruFocus considers Feedforce Group to be Modestly Undervalued.

Key valuation signals for TSE:7068:

  • Altman Z-Score: 3.85 (near median its 10-year median of 3.55)
  • GF Value™: 円745.13 vs. price of 円553.00 (25.8% below fair value)
  • GF Score™: 78/100
  • Industry Position: 97.4% above the Media - Diversified median (#269 of 1013)

No single metric tells the full story. See the TSE:7068 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feedforce Group Business Description

Address 1-2-6 Minamiaoyama, Minato-ku, 3rd Floor Lattice Aoyama Square, Tokyo, JPN, 107-0062
Feedforce Group Inc is involved in the data feed business, digital advertising business, social media marketing business, and other businesses. The company has three reportable segments are Professional Services Business, SaaS Business, and DX Business. The Professional Services Business consists of two main services, Anagrams and DF PLUS, and provides marketing support and solutions that utilize data feeds and listings to businesses, mainly enterprise companies. The SaaS Business consists of three main services: Social PLUS, dfplus.io, and EC Booster. The DX Business consists of four main services: App Unity, Rewire, FRACTA, and Shippinno.
78GF Score

Get the complete analysis for TSE:7068

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

円553.00
Price
円745.13
GF Value