Asakuma Co (TSE:7678) Altman Z-Score: 16.53 (As of Jul. 05, 2026) — 122% Above Median


TSE:7678 Asakuma Co Ltd TSE:7678
69 GF Score
Price 円6,480.00
GF Value 円5,326.26
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Asakuma Co Altman Z-Score?

Asakuma Co TSE:7678 -0.77% 69 Altman Z-Score is 16.53 as of Jul. 05, 2026, which is 122% above its 10-year median of 7.45. GuruFocus rates TSE:7678 with a GF Score™ of 69/100 and a GF Value™ of 円5,326.26 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 357 Restaurants companies, Asakuma Co ranks better than 98.6% 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 16.53 is strong.

Asakuma Co has a Altman Z-Score of 16.53, 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 Asakuma Co's Altman Z-Score or its related term are showing as below:

TSE:7678' s Altman Z-Score Range Over the Past 10 Years
Min: 3.7   Med: 7.45   Max: 16.53
Current: 16.53

During the past 9 years, Asakuma Co's highest Altman Z-Score was 16.53. The lowest was 3.70. And the median was 7.45.


Asakuma Co  (TSE:7678) 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.


Asakuma Co Altman Z-Score Related Terms


Asakuma Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Asakuma 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.

Asakuma Co Altman Z-Score Chart

Asakuma Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jan25 Jan26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 3.70 5.60 8.12 12.90 12.83

Asakuma Co Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jul24 Jan25 Jul25 Jan26
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 8.32 12.21 12.90 12.33 12.83

TSE:7678 vs MCD, SBUX, YUM: Altman Z-Score Comparison

For the Restaurants subindustry, Asakuma 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.


Asakuma Co Altman Z-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Asakuma Co's Altman Z-Score distribution charts can be found below:

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


TSE:7678
69GF Score
Asakuma Co Ltd TSE:7678
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asakuma 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.

Asakuma 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*0.3402+1.4*0.3428+3.3*0.1027+0.6*22.1249+1.0*2.0286
=16.53

* 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 Jan. 2026:
Total Assets was 円4,952 Mil.
Total Current Assets was 円3,128 Mil.
Total Current Liabilities was 円1,443 Mil.
Retained Earnings was 円1,698 Mil.
Pre-Tax Income was 円507 Mil.
Interest Expense was 円-1 Mil.
Revenue was 円10,046 Mil.
Market Cap (Today) was 円34,436 Mil.
Total Liabilities was 円1,556 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
=(3128.104 - 1443.261)/4952.087
=0.3402

X2=Retained Earnings/Total Assets
=1697.791/4952.087
=0.3428

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(507.367 - -0.974)/4952.087
=0.1027

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=34436.022/1556.434
=22.1249

X5=Revenue/Total Assets
=10045.883/4952.087
=2.0286

The zones of discrimination were as such:

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

Asakuma Co has a Altman Z-Score of 16.53 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 16.53 mean?
Asakuma Co (TSE:7678) has a Altman Z-Score of 16.53 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Asakuma Co and its competitors. This is 122% above median its historical median of 7.45. Over the past decade, Asakuma Co's Altman Z-Score has ranged from 3.70 to 16.53. According to the industry distribution chart, Asakuma Co ranks #5 out of 357 companies in the Restaurants industry, placing it in the top 1.4%.
Is Asakuma Co's Altman Z-Score too high?
Asakuma Co's current Altman Z-Score of 16.53 is 122% above median its 10-year median of 7.45. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 16.53. The Restaurants industry median Altman Z-Score is 2.23. Asakuma Co's value of 16.53 is 641.3% above this industry median. Based on the distribution chart, Asakuma Co ranks #5 out of 357 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Asakuma Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asakuma Co's Altman Z-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Asakuma Co ranks #5 out of 357 companies for Altman Z-Score. This places Asakuma Co in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.23. Asakuma Co's value of 16.53 is 641.3% above this benchmark. Historically, Asakuma Co's own Altman Z-Score has ranged from 3.70 to 16.53 over the past decade. While the company's 10-year median is 7.45 vs. the industry median of 2.23, Asakuma 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 Restaurants company?
The median Altman Z-Score among Restaurants companies is 2.23, based on 357 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. Asakuma Co's current Altman Z-Score of 16.53 is 641.3% 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 Asakuma Co and its competitors. For the Restaurants industry, the median Altman Z-Score is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asakuma Co's current Altman Z-Score is 16.53, which is 122% above median its own 10-year median of 7.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asakuma Co stock overvalued right now?
Based on GuruFocus' analysis, Asakuma Co (TSE:7678) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,326.26, compared to a current price of 円6,480.00 — trading 21.7% above its estimated fair value. The current Altman Z-Score is 16.53, which is 122% above median its 10-year median of 7.45 and 641.3% above the Restaurants industry median of 2.23. Asakuma Co's overall GF Score™ is 69/100 with 5 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 Asakuma Co (TSE:7678), the current Altman Z-Score is 16.53 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 Asakuma Co (TSE:7678) Overvalued in 2026?

Based on GuruFocus' analysis, Asakuma Co stock appears to be overvalued. The current stock price of 円6,480.00 is trading 21.7% above its estimated GF Value™ of 円5,326.26. GuruFocus considers Asakuma Co to be Modestly Overvalued.

Key valuation signals for TSE:7678:

  • Altman Z-Score: 16.53 (122% above median its 10-year median of 7.45)
  • GF Value™: 円5,326.26 vs. price of 円6,480.00 (21.7% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 641.3% above the Restaurants median (#5 of 357)

No single metric tells the full story. See the TSE:7678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asakuma Co Business Description

Address 2-14-2 Ueda Nishi Umeda-ku, Nagoya City, JPN, 468-0058
Asakuma Co Ltd is a Japanese based company engaged in the restaurant business. It offers foods, meals and other products.
69GF Score

Get the complete analysis for TSE:7678

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

円6,480.00
Price
円5,326.26
GF Value