Lapine Co (TSE:8143) Altman Z-Score: 0.12 (As of Jul. 07, 2026) — 87% Below Median


TSE:8143 Lapine Co Ltd TSE:8143
35 GF Score
Price 円141.00
GF Value 円187.95
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lapine Co Altman Z-Score?

Lapine Co TSE:8143 35 Altman Z-Score is 0.12 as of Jul. 07, 2026, which is 87% below its 10-year median of 0.95. GuruFocus rates TSE:8143 with a GF Score™ of 35/100 and a GF Value™ of 円187.95 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Lapine Co ranks worse than 93.95% 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 0.12 is in distress zone. This implies bankruptcy possibility in the next two years.

Lapine Co has a Altman Z-Score of 0.12, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Lapine Co's Altman Z-Score or its related term are showing as below:

TSE:8143' s Altman Z-Score Range Over the Past 10 Years
Min: -1.01   Med: 0.95   Max: 1.78
Current: 0.12

During the past 13 years, Lapine Co's highest Altman Z-Score was 1.78. The lowest was -1.01. And the median was 0.95.


Lapine Co  (TSE:8143) 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.


Lapine Co Altman Z-Score Related Terms


Lapine Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Lapine 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.

Lapine Co Altman Z-Score Chart

Lapine Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.45 0.67 0.66 0.16

Lapine Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.67 0.70 0.66 0.33 0.16

TSE:8143 vs RL, LEVI, VFC: Altman Z-Score Comparison

For the Apparel Manufacturing subindustry, Lapine 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.


Lapine Co Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lapine Co's Altman Z-Score distribution charts can be found below:

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


TSE:8143
35GF Score
Lapine Co Ltd TSE:8143
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Lapine 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.

Lapine 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*-0.1158+1.4*-0.1213+3.3*-0.0693+0.6*0.1333+1.0*0.5771
=0.12

* 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 Feb. 2026:
Total Assets was 円3,247 Mil.
Total Current Assets was 円1,236 Mil.
Total Current Liabilities was 円1,612 Mil.
Retained Earnings was 円-394 Mil.
Pre-Tax Income was 円-251 Mil.
Interest Expense was 円-26 Mil.
Revenue was 円1,874 Mil.
Market Cap (Today) was 円333 Mil.
Total Liabilities was 円2,500 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
=(1236.448 - 1612.488)/3247.128
=-0.1158

X2=Retained Earnings/Total Assets
=-393.976/3247.128
=-0.1213

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-250.934 - -25.98)/3247.128
=-0.0693

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=333.288/2500.475
=0.1333

X5=Revenue/Total Assets
=1873.91/3247.128
=0.5771

The zones of discrimination were as such:

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

Lapine Co has a Altman Z-Score of 0.12 indicating it is in Distress 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 0.12 mean?
Lapine Co (TSE:8143) has a Altman Z-Score of 0.12 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Lapine Co and its competitors. This is 87% below median its historical median of 0.95. According to the industry distribution chart, Lapine Co ranks #963 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94%.
Is Lapine Co's Altman Z-Score too high?
Lapine Co's current Altman Z-Score of 0.12 is 87% below median its 10-year median of 0.95. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.55. Lapine Co's value of 0.12 is 95.3% below this industry median. Based on the distribution chart, Lapine Co ranks #963 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Lapine Co has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lapine Co's Altman Z-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lapine Co ranks #963 out of 1025 companies for Altman Z-Score. This places Lapine Co in the lower half of its industry. The industry median Altman Z-Score is 2.55. Lapine Co's value of 0.12 is 95.3% below this benchmark. While the company's 10-year median is 0.95 vs. the industry median of 2.55, Lapine 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.55, based on 1,025 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. Lapine Co's current Altman Z-Score of 0.12 is 95.3% 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 Lapine Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lapine Co's current Altman Z-Score is 0.12, which is 87% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lapine Co stock overvalued right now?
Based on GuruFocus' analysis, Lapine Co (TSE:8143) is currently considered Modestly Undervalued. The stock's GF Value™ is 円187.95, compared to a current price of 円141.00 — trading 25% below its estimated fair value. The current Altman Z-Score is 0.12, which is 87% below median its 10-year median of 0.95 and 95.3% below the Manufacturing - Apparel & Accessories industry median of 2.55. Lapine Co's overall GF Score™ is 35/100 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 Lapine Co (TSE:8143), the current Altman Z-Score is 0.12 as of Jul. 07, 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 Lapine Co (TSE:8143) Overvalued in 2026?

Based on GuruFocus' analysis, Lapine Co stock appears to be undervalued. The current stock price of 円141.00 is trading 25% below its estimated GF Value™ of 円187.95. GuruFocus considers Lapine Co to be Modestly Undervalued.

Key valuation signals for TSE:8143:

  • Altman Z-Score: 0.12 (87% below median its 10-year median of 0.95)
  • GF Value™: 円187.95 vs. price of 円141.00 (25% below fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 95.3% below the Manufacturing - Apparel & Accessories median (#963 of 1025)

No single metric tells the full story. See the TSE:8143 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lapine Co Business Description

Address 17 Higashimatsushitacho, Kanda, Chiyoda-ku, Osaka, JPN, 530-0043
Lapine Co Ltd is engaged in the planning, manufacture, and sale of women's clothing and fashion accessories in Japan. It offers jackets, pants, blouses, cuts, dresses, sweaters, and skirts.
35GF Score

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

円141.00
Price
円187.95
GF Value