Nissan Tokyoles Holdings Co (TSE:8291) Altman Z-Score: 2.58 (As of Sep. 01, 2026) — Near Median

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TSE:8291 Nissan Tokyo Sales Holdings Co Ltd TSE:8291
72 GF Score
Price 円554.00
GF Value 円485.57
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nissan Tokyoles Holdings Co Altman Z-Score?

Nissan Tokyoles Holdings Co TSE:8291 -0.18% 72 Altman Z-Score is 2.58 as of Sep. 01, 2026, which is 3% below its 10-year median of 2.65. GuruFocus rates TSE:8291 with a GF Score™ of 72/100 and a GF Value™ of 円485.57 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Nissan Tokyoles Holdings Co ranks worse than 50.42% 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 2.54 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.

Nissan Tokyoles Holdings Co has a Altman Z-Score of 2.58, indicating it is in Grey Zones. This implies that Nissan Tokyoles Holdings 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 Nissan Tokyoles Holdings Co's Altman Z-Score or its related term are showing as below:

TSE:8291' s Altman Z-Score Range Over the Past 10 Years
Min: 2.17   Med: 2.65   Max: 3.34
Current: 2.54

During the past 13 years, Nissan Tokyoles Holdings Co's highest Altman Z-Score was 3.34. The lowest was 2.17. And the median was 2.65.


Nissan Tokyoles Holdings Co  (TSE:8291) 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.


Nissan Tokyoles Holdings Co Altman Z-Score Related Terms


Nissan Tokyoles Holdings Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Nissan Tokyoles Holdings 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.

Nissan Tokyoles Holdings Co Altman Z-Score Chart

Nissan Tokyoles Holdings 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 2.37 2.83 3.34 2.17 2.50

Nissan Tokyoles Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 2.05 2.09 2.33 2.50 0.00

TSE:8291 vs CVNA, PAG, ALTB: Altman Z-Score Comparison

For the Auto & Truck Dealerships subindustry, Nissan Tokyoles Holdings 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.


Nissan Tokyoles Holdings Co Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nissan Tokyoles Holdings Co's Altman Z-Score distribution charts can be found below:

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


TSE:8291
72GF Score
Nissan Tokyo Sales Holdings Co Ltd TSE:8291
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissan Tokyoles Holdings 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.

Nissan Tokyoles Holdings 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*0.0973+1.4*0.3845+3.3*0.0391+0.6*0.8209+1.0*1.3071
=2.58

* 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98,610 Mil.
Total Current Assets was 円32,870 Mil.
Total Current Liabilities was 円23,280 Mil.
Retained Earnings was 円37,914 Mil.
Pre-Tax Income was 695 + 864 + 1148 + 935 = 円3,642 Mil.
Interest Expense was -58 + -61 + -55 + -42 = 円-216 Mil.
Revenue was 31867 + 33818 + 32056 + 31150 = 円128,891 Mil.
Market Cap (Today) was 円32,942 Mil.
Total Liabilities was 円40,127 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
=(32870 - 23280)/98610
=0.0973

X2=Retained Earnings/Total Assets
=37914/98610
=0.3845

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3642 - -216)/98610
=0.0391

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=32941.710/40127
=0.8209

X5=Revenue/Total Assets
=128891/98610
=1.3071

The zones of discrimination were as such:

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

Nissan Tokyoles Holdings Co has a Altman Z-Score of 2.58 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 2.58 mean?
Nissan Tokyoles Holdings Co (TSE:8291) has a Altman Z-Score of 2.58 as of Sep. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nissan Tokyoles Holdings Co and its competitors. This is near median its historical median of 2.65. Over the past decade, Nissan Tokyoles Holdings Co's Altman Z-Score has ranged from 2.17 to 3.34. According to the industry distribution chart, Nissan Tokyoles Holdings Co ranks #663 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 50.4%.
Is Nissan Tokyoles Holdings Co's Altman Z-Score too high?
Nissan Tokyoles Holdings Co's current Altman Z-Score of 2.58 is near median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 3.34. The Vehicles & Parts industry median Altman Z-Score is 2.55. Nissan Tokyoles Holdings Co's value of 2.58 is 1.2% above this industry median. Based on the distribution chart, Nissan Tokyoles Holdings Co ranks #663 out of 1315 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nissan Tokyoles Holdings Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nissan Tokyoles Holdings Co's Altman Z-Score compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Nissan Tokyoles Holdings Co ranks #663 out of 1315 companies for Altman Z-Score. This places Nissan Tokyoles Holdings Co in the lower half of its industry. The industry median Altman Z-Score is 2.55. Nissan Tokyoles Holdings Co's value of 2.58 is 1.2% above this benchmark. Historically, Nissan Tokyoles Holdings Co's own Altman Z-Score has ranged from 2.17 to 3.34 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 2.55, Nissan Tokyoles Holdings 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.55, based on 1,315 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. Nissan Tokyoles Holdings Co's current Altman Z-Score of 2.58 is 1.2% 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 Nissan Tokyoles Holdings Co and its competitors. For the Vehicles & Parts 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. Nissan Tokyoles Holdings Co's current Altman Z-Score is 2.58, which is near median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissan Tokyoles Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nissan Tokyoles Holdings Co (TSE:8291) is currently considered Modestly Overvalued. The stock's GF Value™ is 円485.57, compared to a current price of 円554.00 — trading 14.1% above its estimated fair value. The current Altman Z-Score is 2.58, which is near median its 10-year median of 2.65 and 1.2% above the Vehicles & Parts industry median of 2.55. Nissan Tokyoles Holdings Co's overall GF Score™ is 72/100 with 4 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 Nissan Tokyoles Holdings Co (TSE:8291), the current Altman Z-Score is 2.58 as of Sep. 01, 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 Nissan Tokyoles Holdings Co (TSE:8291) Overvalued in 2026?

Based on GuruFocus' analysis, Nissan Tokyoles Holdings Co stock appears to be overvalued. The current stock price of 円554.00 is trading 14.1% above its estimated GF Value™ of 円485.57. GuruFocus considers Nissan Tokyoles Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:8291:

  • Altman Z-Score: 2.58 (near median its 10-year median of 2.65)
  • GF Value™: 円485.57 vs. price of 円554.00 (14.1% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 1.2% above the Vehicles & Parts median (#663 of 1315)

No single metric tells the full story. See the TSE:8291 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissan Tokyoles Holdings Co Business Description

Address No.32, No.1, Sikata, Shimizu, Shinagawa-ku, Tokyo, JPN
Nissan Tokyo Sales Holdings Co Ltd. is a Japan-based company operating in the automobile dealer business. It sells new and pre-owned passenger cars and commercial vehicles produced by Nissan Motor and Renault mainly in central Tokyo area. The firm also sells car parts and provides maintenance service.
72GF Score

Get the complete analysis for TSE:8291

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

円554.00
Price
円485.57
GF Value