Revolution Co (TSE:8894) Altman Z-Score: -0.90 (As of Jul. 09, 2026)


TSE:8894 Revolution Co Ltd TSE:8894
55 GF Score
Price 円25.00
GF Value 円849.62
Valuation Possible Value Trap
! 10 Warning Signs
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What is Revolution Co Altman Z-Score?

Revolution Co TSE:8894 55 Altman Z-Score is -0.90 as of Jul. 09, 2026. GuruFocus rates TSE:8894 with a GF Score™ of 55/100 and a GF Value™ of 円849.62 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,731 Real Estate companies, Revolution Co ranks worse than 94.86% 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 -0.9 is in distress zone. This implies bankruptcy possibility in the next two years.

Revolution Co has a Altman Z-Score of -0.90, 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 Revolution Co's Altman Z-Score or its related term are showing as below:

TSE:8894' s Altman Z-Score Range Over the Past 10 Years
Min: -1.1   Med: 1.72   Max: 13.05
Current: -0.9

During the past 13 years, Revolution Co's highest Altman Z-Score was 13.05. The lowest was -1.10. And the median was 1.72.


Revolution Co  (TSE:8894) 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.


Revolution Co Altman Z-Score Related Terms


Revolution Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Revolution 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.

Revolution Co Altman Z-Score Chart

Revolution Co Annual Data
Trend Feb16 Feb17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.95 3.03 11.17 1.14 -0.86

Revolution Co Semi-Annual Data
Aug16 Feb17 Aug17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 10.75 1.14 -1.10 -0.86 0.00

TSE:8894 vs CBRE, BEKE, JLL: Altman Z-Score Comparison

For the Real Estate Services subindustry, Revolution 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.


Revolution Co Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Revolution Co's Altman Z-Score distribution charts can be found below:

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


TSE:8894
55GF Score
Revolution Co Ltd TSE:8894
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Revolution 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.

Revolution 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*0.0252+1.4*-0.3688+3.3*-0.3656+0.6*0.0833+1.0*0.7386
=-0.90

* 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 Oct. 2025:
Total Assets was 円46,802 Mil.
Total Current Assets was 円35,632 Mil.
Total Current Liabilities was 円34,453 Mil.
Retained Earnings was 円-17,261 Mil.
Pre-Tax Income was 円-17,451 Mil.
Interest Expense was 円-342 Mil.
Revenue was 円34,570 Mil.
Market Cap (Today) was 円3,773 Mil.
Total Liabilities was 円45,291 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
=(35631.516 - 34453.233)/46802.271
=0.0252

X2=Retained Earnings/Total Assets
=-17261.23/46802.271
=-0.3688

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-17451.423 - -342.031)/46802.271
=-0.3656

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3773.355/45290.752
=0.0833

X5=Revenue/Total Assets
=34570.459/46802.271
=0.7386

The zones of discrimination were as such:

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

Revolution Co has a Altman Z-Score of -0.90 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 -0.90 mean?
Revolution Co (TSE:8894) has a Altman Z-Score of -0.90 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Revolution Co and its competitors. According to the industry distribution chart, Revolution Co ranks #1642 out of 1731 companies in the Real Estate industry, placing it in the top 94.9%.
Is Revolution Co's Altman Z-Score too high?
Revolution Co's current Altman Z-Score is -0.90. Based on the distribution chart, Revolution Co ranks #1642 out of 1731 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Revolution Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Revolution Co's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Revolution Co ranks #1642 out of 1731 companies for Altman Z-Score. This places Revolution Co in the lower half of its industry. The industry median Altman Z-Score is 1.31. 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,731 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. 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 Revolution Co and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Revolution Co's current Altman Z-Score is -0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revolution Co stock overvalued right now?
Based on GuruFocus' analysis, Revolution Co (TSE:8894) is currently considered Possible Value Trap. The stock's GF Value™ is 円849.62, compared to a current price of 円25.00 — trading 97.1% below its estimated fair value. The current Altman Z-Score is -0.90. Revolution Co's overall GF Score™ is 55/100 with 10 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 Revolution Co (TSE:8894), the current Altman Z-Score is -0.90 as of Jul. 09, 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 Revolution Co (TSE:8894) Overvalued in 2026?

Based on GuruFocus' analysis, Revolution Co stock appears to be undervalued. The current stock price of 円25.00 is trading 97.1% below its estimated GF Value™ of 円849.62. GuruFocus considers Revolution Co to be Possible Value Trap.

Key valuation signals for TSE:8894:

  • Altman Z-Score: -0.90
  • GF Value™: 円849.62 vs. price of 円25.00 (97.1% below fair value)
  • GF Score™: 55/100 with 10 warning signs

No single metric tells the full story. See the TSE:8894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Revolution Co Business Description

Address 2-2-1 Hosoecho, Harahirosan Building, 4th floor, Shimonoseki, JPN, 750-0016
Revolution Co Ltd is engaged in real estate and construction. The services provided by the company include condominium sale, apartment sales representation, accommodation and management of rental housing, real estate management, construction contracting, and construction design supervision.
55GF Score

Get the complete analysis for TSE:8894

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

円25.00
Price
円849.62
GF Value