W Tokyo (TSE:9159) Altman Z-Score: 4.38 (As of Jul. 20, 2026) — Near Median

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TSE:9159 W Tokyo Inc TSE:9159
60 GF Score
Price 円1,870.00
GF Value 円1,931.12
Valuation Fairly Valued
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What is W Tokyo Altman Z-Score?

W Tokyo TSE:9159 -0.05% 60 Altman Z-Score is 4.38 as of Jul. 20, 2026, which is 7% below its 10-year median of 4.71. GuruFocus rates TSE:9159 with a GF Score™ of 60/100 and a GF Value™ of 円1,931.12 (Fairly Valued). Among 1,006 Media - Diversified companies, W Tokyo ranks better than 83.7% 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.

Good Sign:

Altman Z-score of 4.85 is strong.

W Tokyo has a Altman Z-Score of 4.38, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 W Tokyo's Altman Z-Score or its related term are showing as below:

TSE:9159' s Altman Z-Score Range Over the Past 10 Years
Min: 3.37   Med: 4.71   Max: 6.52
Current: 4.85

During the past 5 years, W Tokyo's highest Altman Z-Score was 6.52. The lowest was 3.37. And the median was 4.71.


W Tokyo  (TSE:9159) 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.


W Tokyo Altman Z-Score Related Terms


W Tokyo Altman Z-Score Historical Data

* Premium members only.

The historical data trend for W Tokyo'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.

W Tokyo Altman Z-Score Chart

W Tokyo Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
0.00 0.00 6.52 5.94 5.12

W Tokyo Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.95 5.12 4.94 4.61 0.00

TSE:9159 vs APP, OMC, TTD: Altman Z-Score Comparison

For the Advertising Agencies subindustry, W Tokyo'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.


W Tokyo Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, W Tokyo's Altman Z-Score distribution charts can be found below:

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


TSE:9159
60GF Score
W Tokyo Inc TSE:9159
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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W Tokyo 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.

W Tokyo'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*0.5193+1.4*0.3797+3.3*0.1473+0.6*2.7834+1.0*1.069
=4.38

* 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 Dec. 2025:
Total Assets was 円3,686 Mil.
Total Current Assets was 円3,277 Mil.
Total Current Liabilities was 円1,362 Mil.
Retained Earnings was 円1,400 Mil.
Pre-Tax Income was 434.215 + 0 + 62.774 + 42.546 = 円540 Mil.
Interest Expense was -0.974 + 0 + -1.119 + -1.164 = 円-3 Mil.
Revenue was 2017.092 + 0 + 905.062 + 1018.228 = 円3,940 Mil.
Market Cap (Today) was 円4,874 Mil.
Total Liabilities was 円1,751 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
=(3276.658 - 1362.493)/3686.054
=0.5193

X2=Retained Earnings/Total Assets
=1399.508/3686.054
=0.3797

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(539.535 - -3.257)/3686.054
=0.1473

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4874.136/1751.169
=2.7834

X5=Revenue/Total Assets
=3940.382/3686.054
=1.069

The zones of discrimination were as such:

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

W Tokyo has a Altman Z-Score of 4.38 indicating it is in Safe 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 4.38 mean?
W Tokyo (TSE:9159) has a Altman Z-Score of 4.38 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on W Tokyo and its competitors. This is near median its historical median of 4.71. Over the past decade, W Tokyo's Altman Z-Score has ranged from 3.37 to 6.52. According to the industry distribution chart, W Tokyo ranks #164 out of 1006 companies in the Media - Diversified industry, placing it in the top 16.3%.
Is W Tokyo's Altman Z-Score too high?
W Tokyo's current Altman Z-Score of 4.38 is near median its 10-year median of 4.71. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 6.52. The Media - Diversified industry median Altman Z-Score is 2.01. W Tokyo's value of 4.38 is 118.5% above this industry median. Based on the distribution chart, W Tokyo ranks #164 out of 1006 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, W Tokyo has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does W Tokyo's Altman Z-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, W Tokyo ranks #164 out of 1006 companies for Altman Z-Score. This places W Tokyo in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.01. W Tokyo's value of 4.38 is 118.5% above this benchmark. Historically, W Tokyo's own Altman Z-Score has ranged from 3.37 to 6.52 over the past decade. While the company's 10-year median is 4.71 vs. the industry median of 2.01, W Tokyo 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 2.01, based on 1,006 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. W Tokyo's current Altman Z-Score of 4.38 is 118.5% 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 W Tokyo and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. W Tokyo's current Altman Z-Score is 4.38, which is near median its own 10-year median of 4.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is W Tokyo stock overvalued right now?
Based on GuruFocus' analysis, W Tokyo (TSE:9159) is currently considered Fairly Valued. The stock's GF Value™ is 円1,931.12, compared to a current price of 円1,870.00 — trading 3.2% below its estimated fair value. The current Altman Z-Score is 4.38, which is near median its 10-year median of 4.71 and 118.5% above the Media - Diversified industry median of 2.01. W Tokyo's overall GF Score™ is 60/100. 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 W Tokyo (TSE:9159), the current Altman Z-Score is 4.38 as of Jul. 20, 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 W Tokyo (TSE:9159) Overvalued in 2026?

Based on GuruFocus' analysis, W Tokyo stock appears to be undervalued. The current stock price of 円1,870.00 is trading 3.2% below its estimated GF Value™ of 円1,931.12. GuruFocus considers W Tokyo to be Fairly Valued.

Key valuation signals for TSE:9159:

  • Altman Z-Score: 4.38 (near median its 10-year median of 4.71)
  • GF Value™: 円1,931.12 vs. price of 円1,870.00 (3.2% below fair value)
  • GF Score™: 60/100
  • Industry Position: 118.5% above the Media - Diversified median (#164 of 1006)

No single metric tells the full story. See the TSE:9159 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


W Tokyo Business Description

Address 5-28-5 Jingumae, Shibuya-ku, W Building, Tokyo, JPN, 150-0001
W Tokyo Inc is a branding and content production company that continues to create added value by making use of its production know-how, which has grown the Tokyo Girls Collection into Japan's greatest platform. The company's services include the TGC production area, the Content production and branding area, and the Digital advertising area. The company's brands include TOKYO GIRLS COLLECTION, Girls Walker, VIRTUAL TGC, TGC AUDITION, TGC SCHOOL, TGC Teen, TGC CAMPUS, and others.
60GF Score

Get the complete analysis for TSE:9159

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

円1,870.00
Price
円1,931.12
GF Value