Hakuto Co (TSE:7433) Altman Z-Score: 2.81 (As of Aug. 25, 2026) — 14% Below Median

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TSE:7433 Hakuto Co Ltd TSE:7433
70 GF Score
Price 円5,290.00
GF Value 円4,699.84
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Hakuto Co Altman Z-Score?

Hakuto Co TSE:7433 +1.34% 70 Altman Z-Score is 2.81 as of Aug. 25, 2026, which is 14% below its 10-year median of 3.25. GuruFocus rates TSE:7433 with a GF Score™ of 70/100 and a GF Value™ of 円4,699.84 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,457 Hardware companies, Hakuto Co ranks worse than 59.1% 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 2.81 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.

Hakuto Co has a Altman Z-Score of 2.81, indicating it is in Grey Zones. This implies that Hakuto 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 Hakuto Co's Altman Z-Score or its related term are showing as below:

TSE:7433' s Altman Z-Score Range Over the Past 10 Years
Min: 2.62   Med: 3.25   Max: 3.75
Current: 2.81

During the past 13 years, Hakuto Co's highest Altman Z-Score was 3.75. The lowest was 2.62. And the median was 3.25.


Hakuto Co  (TSE:7433) 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.


Hakuto Co Altman Z-Score Related Terms


Hakuto Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hakuto 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.

Hakuto Co Altman Z-Score Chart

Hakuto 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 3.08 3.54 3.44 3.42 2.62

Hakuto Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.23 3.19 3.10 2.62 2.72

TSE:7433 vs APH, GLW, TEL: Altman Z-Score Comparison

For the Electronic Components subindustry, Hakuto 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.


Hakuto Co Altman Z-Score vs Hardware Industry

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

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


TSE:7433
70GF Score
Hakuto Co Ltd TSE:7433
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hakuto 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.

Hakuto 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*0.3487+1.4*0.2954+3.3*0.0596+0.6*1.0234+1.0*1.1627
=2.81

* 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 Jun. 2026:
Total Assets was 円168,044 Mil.
Total Current Assets was 円130,177 Mil.
Total Current Liabilities was 円71,580 Mil.
Retained Earnings was 円49,636 Mil.
Pre-Tax Income was 2583 + 1587 + 3253 + 1964 = 円9,387 Mil.
Interest Expense was -282 + -167 + -90 + -92 = 円-631 Mil.
Revenue was 54537 + 45151 + 52264 + 43426 = 円195,378 Mil.
Market Cap (Today) was 円99,592 Mil.
Total Liabilities was 円97,317 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
=(130177 - 71580)/168044
=0.3487

X2=Retained Earnings/Total Assets
=49636/168044
=0.2954

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(9387 - -631)/168044
=0.0596

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=99591.603/97317
=1.0234

X5=Revenue/Total Assets
=195378/168044
=1.1627

The zones of discrimination were as such:

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

Hakuto Co has a Altman Z-Score of 2.81 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 2.81 mean?
Hakuto Co (TSE:7433) has a Altman Z-Score of 2.81 as of Aug. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hakuto Co and its competitors. This is 14% below median its historical median of 3.25. Over the past decade, Hakuto Co's Altman Z-Score has ranged from 2.62 to 3.75. According to the industry distribution chart, Hakuto Co ranks #1452 out of 2457 companies in the Hardware industry, placing it in the top 59.1%.
Is Hakuto Co's Altman Z-Score too high?
Hakuto Co's current Altman Z-Score of 2.81 is 14% below median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 3.75. The Hardware industry median Altman Z-Score is 3.34. Hakuto Co's value of 2.81 is 15.9% below this industry median. Based on the distribution chart, Hakuto Co ranks #1452 out of 2457 companies in the Hardware industry, which is below the industry midpoint. Overall, Hakuto Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hakuto Co's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Hakuto Co ranks #1452 out of 2457 companies for Altman Z-Score. This places Hakuto Co in the lower half of its industry. The industry median Altman Z-Score is 3.34. Hakuto Co's value of 2.81 is 15.9% below this benchmark. Historically, Hakuto Co's own Altman Z-Score has ranged from 2.62 to 3.75 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 3.34, Hakuto 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 a Hardware company?
The median Altman Z-Score among Hardware companies is 3.34, based on 2,457 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. Hakuto Co's current Altman Z-Score of 2.81 is 15.9% 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 Hakuto Co and its competitors. For the Hardware industry, the median Altman Z-Score is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hakuto Co's current Altman Z-Score is 2.81, which is 14% below median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuto Co stock overvalued right now?
Based on GuruFocus' analysis, Hakuto Co (TSE:7433) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,699.84, compared to a current price of 円5,290.00 — trading 12.6% above its estimated fair value. The current Altman Z-Score is 2.81, which is 14% below median its 10-year median of 3.25 and 15.9% below the Hardware industry median of 3.34. Hakuto Co's overall GF Score™ is 70/100 with 9 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 Hakuto Co (TSE:7433), the current Altman Z-Score is 2.81 as of Aug. 25, 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 Hakuto Co (TSE:7433) Overvalued in 2026?

Based on GuruFocus' analysis, Hakuto Co stock appears to be overvalued. The current stock price of 円5,290.00 is trading 12.6% above its estimated GF Value™ of 円4,699.84. GuruFocus considers Hakuto Co to be Modestly Overvalued.

Key valuation signals for TSE:7433:

  • Altman Z-Score: 2.81 (14% below median its 10-year median of 3.25)
  • GF Value™: 円4,699.84 vs. price of 円5,290.00 (12.6% above fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 15.9% below the Hardware median (#1452 of 2457)

No single metric tells the full story. See the TSE:7433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hakuto Co Business Description

Address 1-13, Shinjuku 1-Chome, Shinjuku-Ku, Tokyo, JPN, 160-8910
Hakuto Co Ltd engages in the manufacture and sale of electronic materials and chemicals. It operates through the following divisions: Semiconductor Devices, Electronic Components, Electronic and Electric Equipment, And Chemicals. The Electronic Components includes semiconductor devices, connectors, and optical components. The Electronic and Electric Equipment consists of devices and equipment used in the production of semiconductors, printed circuit boards, turbo-molecular pumps, refrigerator units, and electrostatic accelerators. The Chemicals unit deals with chemicals used in oil refining, petrochemical, water treatment, cosmetics, and pulp and paper industries.
70GF Score

Get the complete analysis for TSE:7433

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

円5,290.00
Price
円4,699.84
GF Value