Eidai Co (TSE:7822) Altman Z-Score: 1.82 (As of Jul. 11, 2026) — Near Median


TSE:7822 Eidai Co Ltd TSE:7822
62 GF Score
Price 円243.00
GF Value 円233.43
Valuation Fairly Valued
! 5 Warning Signs
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What is Eidai Co Altman Z-Score?

Eidai Co TSE:7822 +0.41% 62 Altman Z-Score is 1.82 as of Jul. 11, 2026, which is 1% below its 10-year median of 1.84. GuruFocus rates TSE:7822 with a GF Score™ of 62/100 and a GF Value™ of 円233.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 426 Furnishings, Fixtures & Appliances companies, Eidai Co ranks worse than 73.71% 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 1.81 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.

Eidai Co has a Altman Z-Score of 1.82, indicating it is in Grey Zones. This implies that Eidai 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 Eidai Co's Altman Z-Score or its related term are showing as below:

TSE:7822' s Altman Z-Score Range Over the Past 10 Years
Min: 1.41   Med: 1.84   Max: 3.04
Current: 1.81

During the past 13 years, Eidai Co's highest Altman Z-Score was 3.04. The lowest was 1.41. And the median was 1.84.


Eidai Co  (TSE:7822) 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.


Eidai Co Altman Z-Score Related Terms


Eidai Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Eidai 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.

Eidai Co Altman Z-Score Chart

Eidai 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 1.41 1.63 1.84 1.84 1.81

Eidai Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.84 1.78 1.84 0.00 1.81

TSE:7822 vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Eidai 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.


Eidai Co Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Eidai Co's Altman Z-Score distribution charts can be found below:

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


TSE:7822
62GF Score
Eidai Co Ltd TSE:7822
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Eidai 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.

Eidai 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*0.2938+1.4*0.4184+3.3*-0.052+0.6*0.2417+1.0*0.9047
=1.82

* 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81,545 Mil.
Total Current Assets was 円44,142 Mil.
Total Current Liabilities was 円20,187 Mil.
Retained Earnings was 円34,116 Mil.
Pre-Tax Income was 円-4,624 Mil.
Interest Expense was 円-387 Mil.
Revenue was 円73,774 Mil.
Market Cap (Today) was 円10,739 Mil.
Total Liabilities was 円44,429 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
=(44142 - 20187)/81545
=0.2938

X2=Retained Earnings/Total Assets
=34116/81545
=0.4184

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-4624 - -387)/81545
=-0.052

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=10739.478/44429
=0.2417

X5=Revenue/Total Assets
=73774/81545
=0.9047

The zones of discrimination were as such:

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

Eidai Co has a Altman Z-Score of 1.82 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 1.82 mean?
Eidai Co (TSE:7822) has a Altman Z-Score of 1.82 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Eidai Co and its competitors. This is near median its historical median of 1.84. Over the past decade, Eidai Co's Altman Z-Score has ranged from 1.41 to 3.04. According to the industry distribution chart, Eidai Co ranks #314 out of 426 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 73.7%.
Is Eidai Co's Altman Z-Score too high?
Eidai Co's current Altman Z-Score of 1.82 is near median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 3.04. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.81. Eidai Co's value of 1.82 is 35.1% below this industry median. Based on the distribution chart, Eidai Co ranks #314 out of 426 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Eidai Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eidai Co's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Eidai Co ranks #314 out of 426 companies for Altman Z-Score. This places Eidai Co in the lower half of its industry. The industry median Altman Z-Score is 2.81. Eidai Co's value of 1.82 is 35.1% below this benchmark. Historically, Eidai Co's own Altman Z-Score has ranged from 1.41 to 3.04 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 2.81, Eidai 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.81, based on 426 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. Eidai Co's current Altman Z-Score of 1.82 is 35.1% 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 Eidai Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eidai Co's current Altman Z-Score is 1.82, which is near median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eidai Co stock overvalued right now?
Based on GuruFocus' analysis, Eidai Co (TSE:7822) is currently considered Fairly Valued. The stock's GF Value™ is 円233.43, compared to a current price of 円243.00 — trading 4.1% above its estimated fair value. The current Altman Z-Score is 1.82, which is near median its 10-year median of 1.84 and 35.1% below the Furnishings, Fixtures & Appliances industry median of 2.81. Eidai Co's overall GF Score™ is 62/100 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 Eidai Co (TSE:7822), the current Altman Z-Score is 1.82 as of Jul. 11, 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 Eidai Co (TSE:7822) Overvalued in 2026?

Based on GuruFocus' analysis, Eidai Co stock appears to be overvalued. The current stock price of 円243.00 is trading 4.1% above its estimated GF Value™ of 円233.43. GuruFocus considers Eidai Co to be Fairly Valued.

Key valuation signals for TSE:7822:

  • Altman Z-Score: 1.82 (near median its 10-year median of 1.84)
  • GF Value™: 円233.43 vs. price of 円243.00 (4.1% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 35.1% below the Furnishings, Fixtures & Appliances median (#314 of 426)

No single metric tells the full story. See the TSE:7822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eidai Co Business Description

Address 2-10-60 Hirabayashi Minami, Suminoe Ward, Osaka, JPN, 559-8658
Eidai Co Ltd is involved in the production and sales of housing materials and wooden boards. Its products are widely used as interior materials for residential and non-residential buildings and include material particle board, flooring, interior doors, closets, shoe boxes, system baths, decorative particle boards, and others. The company is also involved in the real estate effective utilization and solar power generation business. Its reportable segments are; Housing materials business, which generates maximum revenue, Wood board business, and Others.
62GF Score

Get the complete analysis for TSE:7822

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

円243.00
Price
円233.43
GF Value