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Tamai Steamship CoTSE:9127 -2.03%56 Altman Z-Score is 2.44 as of Jul. 25, 2026, which is 47% above its 10-year median of 1.66. GuruFocus rates TSE:9127 with a GF Score™ of 56/100 and a GF Value™ of 円1,496.30 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 996 Transportation companies, Tamai Steamship Co ranks better than 54.62% 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 2.45 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.
Tamai Steamship Co has a Altman Z-Score of 2.44, indicating it is in Grey Zones. This implies that Tamai Steamship 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 Tamai Steamship Co's Altman Z-Score or its related term are showing as below:
TSE:9127'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.54 Med: 1.66 Max: 3.01
Current: 2.45
During the past 13 years, Tamai Steamship Co's highest Altman Z-Score was 3.01. The lowest was 0.54. And the median was 1.66.
Tamai Steamship Co (TSE:9127) 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.
Altman Z-Score does not apply to financial companies.
Tamai Steamship Co Altman Z-Score Related Terms
Tamai Steamship Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Tamai Steamship 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.
Tamai Steamship Co Altman Z-Score Competitor Comparison
For the Marine Shipping subindustry, Tamai Steamship 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.
Tamai Steamship Co Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Tamai Steamship Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Tamai Steamship Co's Altman Z-Score falls into.
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.
Tamai Steamship 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
*
0.1293
+
1.4
*
0.6771
+
3.3
*
0.0932
+
0.6
*
1.0212
+
1.0
*
0.4176
=
2.44
* 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.
Tamai Steamship Co (TSE:9127) has a Altman Z-Score of 2.44 as of Jul. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tamai Steamship Co and its competitors. This is 47% above median its historical median of 1.66. Over the past decade, Tamai Steamship Co's Altman Z-Score has ranged from 0.54 to 3.01. According to the industry distribution chart, Tamai Steamship Co ranks #452 out of 996 companies in the Transportation industry, placing it in the top 45.4%.
Is Tamai Steamship Co's Altman Z-Score too high?
Tamai Steamship Co's current Altman Z-Score of 2.44 is 47% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 3.01. The Transportation industry median Altman Z-Score is 2.26. Tamai Steamship Co's value of 2.44 is 8% above this industry median. Based on the distribution chart, Tamai Steamship Co ranks #452 out of 996 companies in the Transportation industry, which is above the industry midpoint. Overall, Tamai Steamship Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamai Steamship Co's Altman Z-Score compare to competitors?
According to the Transportation industry distribution chart, Tamai Steamship Co ranks #452 out of 996 companies for Altman Z-Score. This puts Tamai Steamship Co in the upper half of its industry. The industry median Altman Z-Score is 2.26. Tamai Steamship Co's value of 2.44 is 8% above this benchmark. Historically, Tamai Steamship Co's own Altman Z-Score has ranged from 0.54 to 3.01 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 2.26, Tamai Steamship 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.26, based on 996 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. Tamai Steamship Co's current Altman Z-Score of 2.44 is 8% 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 Tamai Steamship Co and its competitors. For the Transportation industry, the median Altman Z-Score is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamai Steamship Co's current Altman Z-Score is 2.44, which is 47% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamai Steamship Co stock overvalued right now?
Based on GuruFocus' analysis, Tamai Steamship Co (TSE:9127) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,496.30, compared to a current price of 円2,752.00 — trading 83.9% above its estimated fair value. The current Altman Z-Score is 2.44, which is 47% above median its 10-year median of 1.66 and 8% above the Transportation industry median of 2.26. Tamai Steamship Co's overall GF Score™ is 56/100 with 3 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 Tamai Steamship Co (TSE:9127), the current Altman Z-Score is 2.44 as of Jul. 25, 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 Tamai Steamship Co (TSE:9127) Overvalued in 2026?
Based on GuruFocus' analysis, Tamai Steamship Co stock appears to be overvalued.
The current stock price of 円2,752.00 is trading 83.9% above its estimated GF Value™ of 円1,496.30.
GuruFocus considers Tamai Steamship Co to be Significantly Overvalued.
Key valuation signals for TSE:9127:
Altman Z-Score: 2.44 (47% above median its 10-year median of 1.66)
GF Value™: 円1,496.30 vs. price of 円2,752.00 (83.9% above fair value)
Industry Position: 8% above the Transportation median (#452 of 996)
No single metric tells the full story. See the TSE:9127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tamai Steamship Co Ltd is a Japan-based company engages in the shipping business. It operates through the following business divisions: International Shipping Industry, Coastal Shipping Industry, and Real Estate Leasing.
56GF Score
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