Tamron Co (TSE:7740) Altman Z-Score: 8.92 (As of Aug. 28, 2026) — 67% Above Median

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TSE:7740 Tamron Co Ltd TSE:7740
91 GF Score
Price 円1,375.00
GF Value 円878.26
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tamron Co Altman Z-Score?

Tamron Co TSE:7740 +1.25% 91 Altman Z-Score is 8.92 as of Aug. 28, 2026, which is 67% above its 10-year median of 5.33. GuruFocus rates TSE:7740 with a GF Score™ of 91/100 and a GF Value™ of 円878.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 835 Travel & Leisure companies, Tamron Co ranks better than 91.02% 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 9.03 is strong.

Tamron Co has a Altman Z-Score of 8.92, 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 Tamron Co's Altman Z-Score or its related term are showing as below:

TSE:7740' s Altman Z-Score Range Over the Past 10 Years
Min: 4.4   Med: 5.33   Max: 9.03
Current: 9.03

During the past 13 years, Tamron Co's highest Altman Z-Score was 9.03. The lowest was 4.40. And the median was 5.33.


Tamron Co  (TSE:7740) 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.


Tamron Co Altman Z-Score Related Terms


Tamron Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Tamron 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.

Tamron Co Altman Z-Score Chart

Tamron Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.19 5.39 6.97 8.60 7.73

Tamron 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 7.76 8.73 7.73 8.10 7.93

TSE:7740 vs AS, HAS, LTH: Altman Z-Score Comparison

For the Leisure subindustry, Tamron 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.


Tamron Co Altman Z-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Altman Z-Score distribution charts can be found below:

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


TSE:7740
91GF Score
Tamron Co Ltd TSE:7740
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tamron 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.

Tamron 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*0.5237+1.4*0.5894+3.3*0.1009+0.6*10.9383+1.0*0.5661
=8.92

* 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109,240 Mil.
Total Current Assets was 円72,699 Mil.
Total Current Liabilities was 円15,491 Mil.
Retained Earnings was 円64,385 Mil.
Pre-Tax Income was 0 + 3363 + 3297 + 4300 = 円10,960 Mil.
Interest Expense was 0 + -10 + -34 + -13 = 円-57 Mil.
Revenue was 0 + 18485 + 21968 + 21389 = 円61,842 Mil.
Market Cap (Today) was 円217,048 Mil.
Total Liabilities was 円19,843 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
=(72699 - 15491)/109240
=0.5237

X2=Retained Earnings/Total Assets
=64385/109240
=0.5894

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(10960 - -57)/109240
=0.1009

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=217048.050/19843
=10.9383

X5=Revenue/Total Assets
=61842/109240
=0.5661

The zones of discrimination were as such:

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

Tamron Co has a Altman Z-Score of 8.92 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 8.92 mean?
Tamron Co (TSE:7740) has a Altman Z-Score of 8.92 as of Aug. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tamron Co and its competitors. This is 67% above median its historical median of 5.33. Over the past decade, Tamron Co's Altman Z-Score has ranged from 4.40 to 9.03. According to the industry distribution chart, Tamron Co ranks #75 out of 835 companies in the Travel & Leisure industry, placing it in the top 9%.
Is Tamron Co's Altman Z-Score too high?
Tamron Co's current Altman Z-Score of 8.92 is 67% above median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 9.03. The Travel & Leisure industry median Altman Z-Score is 2.03. Tamron Co's value of 8.92 is 339.4% above this industry median. Based on the distribution chart, Tamron Co ranks #75 out of 835 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Tamron Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamron Co's Altman Z-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tamron Co ranks #75 out of 835 companies for Altman Z-Score. This places Tamron Co in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.03. Tamron Co's value of 8.92 is 339.4% above this benchmark. Historically, Tamron Co's own Altman Z-Score has ranged from 4.40 to 9.03 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 2.03, Tamron 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 2.03, based on 835 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. Tamron Co's current Altman Z-Score of 8.92 is 339.4% 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 Tamron Co and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamron Co's current Altman Z-Score is 8.92, which is 67% above median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamron Co stock overvalued right now?
Based on GuruFocus' analysis, Tamron Co (TSE:7740) is currently considered Significantly Overvalued. The stock's GF Value™ is 円878.26, compared to a current price of 円1,375.00 — trading 56.6% above its estimated fair value. The current Altman Z-Score is 8.92, which is 67% above median its 10-year median of 5.33 and 339.4% above the Travel & Leisure industry median of 2.03. Tamron Co's overall GF Score™ is 91/100 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 Tamron Co (TSE:7740), the current Altman Z-Score is 8.92 as of Aug. 28, 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 Tamron Co (TSE:7740) Overvalued in 2026?

Based on GuruFocus' analysis, Tamron Co stock appears to be overvalued. The current stock price of 円1,375.00 is trading 56.6% above its estimated GF Value™ of 円878.26. GuruFocus considers Tamron Co to be Significantly Overvalued.

Key valuation signals for TSE:7740:

  • Altman Z-Score: 8.92 (67% above median its 10-year median of 5.33)
  • GF Value™: 円878.26 vs. price of 円1,375.00 (56.6% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 339.4% above the Travel & Leisure median (#75 of 835)

No single metric tells the full story. See the TSE:7740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamron Co Business Description

Other Exchanges TMRNF:USA
Address 1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556
Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organizes itself into three segments: Photography-related business, Surveillance & FA-related business, and Mobility & Healthcare, Other Businesses. The company designs, manufactures, and sells interchangeable lenses for mirrorless and SLR cameras; lenses for surveillance cameras, factory automation (FA) and machine vision systems, and video conferencing equipment; as well as lenses for in-vehicle cameras, video and digital cameras, medical applications, and a variety of optical device components. The company's key geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.
91GF Score

Get the complete analysis for TSE:7740

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

円1,375.00
Price
円878.26
GF Value