Omni-Plus System (TSE:7699) Altman Z-Score: 2.83 (As of Jul. 02, 2026) — Near Median


TSE:7699 Omni-Plus System Ltd TSE:7699
78 GF Score
Price 円724.00
GF Value 円734.98
Valuation Fairly Valued
! 7 Warning Signs
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What is Omni-Plus System Altman Z-Score?

Omni-Plus System TSE:7699 78 Altman Z-Score is 2.83 as of Jul. 02, 2026, which is 9% below its 10-year median of 3.11. GuruFocus rates TSE:7699 with a GF Score™ of 78/100 and a GF Value™ of 円734.98 (Fairly Valued). The stock has 7 warning signs investors should review. Among 153 Industrial Distribution companies, Omni-Plus System ranks worse than 60.13% 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 2.83 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.

Omni-Plus System has a Altman Z-Score of 2.83, indicating it is in Grey Zones. This implies that Omni-Plus System 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 Omni-Plus System's Altman Z-Score or its related term are showing as below:

TSE:7699' s Altman Z-Score Range Over the Past 10 Years
Min: 2.83   Med: 3.11   Max: 3.4
Current: 2.83

During the past 8 years, Omni-Plus System's highest Altman Z-Score was 3.40. The lowest was 2.83. And the median was 3.11.


Omni-Plus System  (TSE:7699) 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.


Omni-Plus System Altman Z-Score Related Terms


Omni-Plus System Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Omni-Plus System'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.

Omni-Plus System Altman Z-Score Chart

Omni-Plus System Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 3.17 3.40 2.83 3.11 2.83

Omni-Plus System Semi-Annual Data
Mar19 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 2.83 2.06 3.11 0.00 2.83

TSE:7699 vs GWW, FAST, FERG: Altman Z-Score Comparison

For the Industrial Distribution subindustry, Omni-Plus System'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.


Omni-Plus System Altman Z-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Omni-Plus System's Altman Z-Score distribution charts can be found below:

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


TSE:7699
78GF Score
Omni-Plus System Ltd TSE:7699
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Omni-Plus System 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.

Omni-Plus System'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*0.2879+1.4*0.2113+3.3*0.0757+0.6*0.5987+1.0*1.5754
=2.83

* 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40,571 Mil.
Total Current Assets was 円32,126 Mil.
Total Current Liabilities was 円20,445 Mil.
Retained Earnings was 円8,574 Mil.
Pre-Tax Income was 円2,307 Mil.
Interest Expense was 円-763 Mil.
Revenue was 円63,914 Mil.
Market Cap (Today) was 円15,247 Mil.
Total Liabilities was 円25,468 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
=(32126.423 - 20444.838)/40570.565
=0.2879

X2=Retained Earnings/Total Assets
=8574.102/40570.565
=0.2113

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2306.77 - -762.788)/40570.565
=0.0757

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=15247.440/25467.621
=0.5987

X5=Revenue/Total Assets
=63914.059/40570.565
=1.5754

The zones of discrimination were as such:

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

Omni-Plus System has a Altman Z-Score of 2.83 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 2.83 mean?
Omni-Plus System (TSE:7699) has a Altman Z-Score of 2.83 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Omni-Plus System and its competitors. This is near median its historical median of 3.11. Over the past decade, Omni-Plus System's Altman Z-Score has ranged from 2.83 to 3.40. According to the industry distribution chart, Omni-Plus System ranks #92 out of 153 companies in the Industrial Distribution industry, placing it in the top 60.1%.
Is Omni-Plus System's Altman Z-Score too high?
Omni-Plus System's current Altman Z-Score of 2.83 is near median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 3.40. The Industrial Distribution industry median Altman Z-Score is 3.30. Omni-Plus System's value of 2.83 is 14.2% below this industry median. Based on the distribution chart, Omni-Plus System ranks #92 out of 153 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Omni-Plus System has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Omni-Plus System's Altman Z-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Omni-Plus System ranks #92 out of 153 companies for Altman Z-Score. This places Omni-Plus System in the lower half of its industry. The industry median Altman Z-Score is 3.30. Omni-Plus System's value of 2.83 is 14.2% below this benchmark. Historically, Omni-Plus System's own Altman Z-Score has ranged from 2.83 to 3.40 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 3.30, Omni-Plus System 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 Distribution company?
The median Altman Z-Score among Industrial Distribution companies is 3.30, based on 153 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. Omni-Plus System's current Altman Z-Score of 2.83 is 14.2% 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 Omni-Plus System and its competitors. For the Industrial Distribution industry, the median Altman Z-Score is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Omni-Plus System's current Altman Z-Score is 2.83, 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 Omni-Plus System stock overvalued right now?
Based on GuruFocus' analysis, Omni-Plus System (TSE:7699) is currently considered Fairly Valued. The stock's GF Value™ is 円734.98, compared to a current price of 円724.00 — trading 1.5% below its estimated fair value. The current Altman Z-Score is 2.83, which is near median its 10-year median of 3.11 and 14.2% below the Industrial Distribution industry median of 3.30. Omni-Plus System's overall GF Score™ is 78/100 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 Omni-Plus System (TSE:7699), the current Altman Z-Score is 2.83 as of Jul. 02, 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 Omni-Plus System (TSE:7699) Overvalued in 2026?

Based on GuruFocus' analysis, Omni-Plus System stock appears to be undervalued. The current stock price of 円724.00 is trading 1.5% below its estimated GF Value™ of 円734.98. GuruFocus considers Omni-Plus System to be Fairly Valued.

Key valuation signals for TSE:7699:

  • Altman Z-Score: 2.83 (near median its 10-year median of 3.11)
  • GF Value™: 円734.98 vs. price of 円724.00 (1.5% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 14.2% below the Industrial Distribution median (#92 of 153)

No single metric tells the full story. See the TSE:7699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Omni-Plus System Business Description

Address 994 Bendemeer Road, 01-03 B-Central, Singapore, SGP, 339943
Omni-Plus System Ltd is engaged in the engineering plastics distribution business, which consists mainly of engineering plastics and general-purpose products (Generic) in accordance with customers' needs, and the development and manufacturing business of resin compounds (mixing, coloring, etc.) with high durability, high heat resistance and design properties by being deeply involved in customers' needs.
78GF Score

Get the complete analysis for TSE:7699

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

円724.00
Price
円734.98
GF Value