Nozaki Insatsu Shigyo CoTSE:7919 +1.54%69 Altman Z-Score is 2.28 as of Jul. 11, 2026, which is 26% above its 10-year median of 1.81. GuruFocus rates TSE:7919 with a GF Score™ of 69/100 and a GF Value™ of 円177.59 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,061 Business Services companies, Nozaki Insatsu Shigyo Co ranks worse than 63.34% 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 2.28 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.
Nozaki Insatsu Shigyo Co has a Altman Z-Score of 2.28, indicating it is in Grey Zones. This implies that Nozaki Insatsu Shigyo 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 Nozaki Insatsu Shigyo Co's Altman Z-Score or its related term are showing as below:
TSE:7919'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.49 Med: 1.81 Max: 2.3
Current: 2.28
During the past 13 years, Nozaki Insatsu Shigyo Co's highest Altman Z-Score was 2.30. The lowest was 1.49. And the median was 1.81.
Nozaki Insatsu Shigyo Co (TSE:7919) 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.
* 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.
TSE:7919 vs CTAS, CPRT, ULS: Altman Z-Score Comparison
For the Specialty Business Services subindustry, Nozaki Insatsu Shigyo 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.
Nozaki Insatsu Shigyo Co Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Nozaki Insatsu Shigyo Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Nozaki Insatsu Shigyo Co's Altman Z-Score falls into.
Nozaki Insatsu Shigyo 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.
* 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.
Nozaki Insatsu Shigyo Co (TSE:7919) has a Altman Z-Score of 2.28 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nozaki Insatsu Shigyo Co and its competitors. This is 26% above median its historical median of 1.81. Over the past decade, Nozaki Insatsu Shigyo Co's Altman Z-Score has ranged from 1.49 to 2.30. According to the industry distribution chart, Nozaki Insatsu Shigyo Co ranks #672 out of 1061 companies in the Business Services industry, placing it in the top 63.3%.
Is Nozaki Insatsu Shigyo Co's Altman Z-Score too high?
Nozaki Insatsu Shigyo Co's current Altman Z-Score of 2.28 is 26% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 2.30. The Business Services industry median Altman Z-Score is 2.96. Nozaki Insatsu Shigyo Co's value of 2.28 is 23% below this industry median. Based on the distribution chart, Nozaki Insatsu Shigyo Co ranks #672 out of 1061 companies in the Business Services industry, which is below the industry midpoint. Overall, Nozaki Insatsu Shigyo 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 Nozaki Insatsu Shigyo Co's Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Nozaki Insatsu Shigyo Co ranks #672 out of 1061 companies for Altman Z-Score. This places Nozaki Insatsu Shigyo Co in the lower half of its industry. The industry median Altman Z-Score is 2.96. Nozaki Insatsu Shigyo Co's value of 2.28 is 23% below this benchmark. Historically, Nozaki Insatsu Shigyo Co's own Altman Z-Score has ranged from 1.49 to 2.30 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 2.96, Nozaki Insatsu Shigyo 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.96, based on 1,061 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. Nozaki Insatsu Shigyo Co's current Altman Z-Score of 2.28 is 23% 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 Nozaki Insatsu Shigyo Co and its competitors. For the Business Services industry, the median Altman Z-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nozaki Insatsu Shigyo Co's current Altman Z-Score is 2.28, which is 26% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nozaki Insatsu Shigyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nozaki Insatsu Shigyo Co (TSE:7919) is currently considered Modestly Overvalued. The stock's GF Value™ is 円177.59, compared to a current price of 円198.00 — trading 11.5% above its estimated fair value. The current Altman Z-Score is 2.28, which is 26% above median its 10-year median of 1.81 and 23% below the Business Services industry median of 2.96. Nozaki Insatsu Shigyo 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 Nozaki Insatsu Shigyo Co (TSE:7919), the current Altman Z-Score is 2.28 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 Nozaki Insatsu Shigyo Co (TSE:7919) Overvalued in 2026?
Based on GuruFocus' analysis, Nozaki Insatsu Shigyo Co stock appears to be overvalued.
The current stock price of 円198.00 is trading 11.5% above its estimated GF Value™ of 円177.59.
GuruFocus considers Nozaki Insatsu Shigyo Co to be Modestly Overvalued.
Key valuation signals for TSE:7919:
Altman Z-Score: 2.28 (26% above median its 10-year median of 1.81)
GF Value™: 円177.59 vs. price of 円198.00 (11.5% above fair value)
Industry Position: 23% below the Business Services median (#672 of 1061)
No single metric tells the full story. See the TSE:7919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nozaki Insatsu Shigyo Co Ltd is a comprehensive printing company. The company operates through its four business divisions. The Commercial Printing division is involved in the manufacture and sale of calendars, catalogues, pamphlets, direct mail, posters and fine art print. The Packaging Materials and Paper Products division is engaged in the manufacture and sale of packaging paper, paper containers, paper bags and business forms. The Information Equipment and Supplies division is engaged in the manufacture of barcode printers, full-colour card printers, tags, labels and seals. The Others division is engaged in the manufacture and sale of plastic bags and carry bags, among others.
69GF Score
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