Sumasapo (TSE:9342) Altman Z-Score: 9.30 (As of Jul. 12, 2026) — Near Median


TSE:9342 Sumasapo Inc TSE:9342
60 GF Score
Price 円814.00
GF Value 円1,256.39
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Sumasapo Altman Z-Score?

Sumasapo TSE:9342 -0.85% 60 Altman Z-Score is 9.30 as of Jul. 12, 2026, which is 4% below its 10-year median of 9.73. GuruFocus rates TSE:9342 with a GF Score™ of 60/100 and a GF Value™ of 円1,256.39 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,734 Real Estate companies, Sumasapo ranks better than 95.04% 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 9.3 is strong.

Sumasapo has a Altman Z-Score of 9.30, 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 Sumasapo's Altman Z-Score or its related term are showing as below:

TSE:9342' s Altman Z-Score Range Over the Past 10 Years
Min: 7.62   Med: 9.73   Max: 21.38
Current: 9.3

During the past 6 years, Sumasapo's highest Altman Z-Score was 21.38. The lowest was 7.62. And the median was 9.73.


Sumasapo  (TSE:9342) 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.


Sumasapo Altman Z-Score Related Terms


Sumasapo Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sumasapo'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.

Sumasapo Altman Z-Score Chart

Sumasapo Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 15.63 10.65 11.23

Sumasapo Quarterly Data
Sep20 Sep21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.33 9.66 11.23 9.98 9.87

TSE:9342 vs CBRE, BEKE, JLL: Altman Z-Score Comparison

For the Real Estate Services subindustry, Sumasapo'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.


Sumasapo Altman Z-Score vs Real Estate Industry

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

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


TSE:9342
60GF Score
Sumasapo Inc TSE:9342
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumasapo 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.

Sumasapo'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*0.305+1.4*0.2252+3.3*0.1626+0.6*8.0647+1.0*3.2402
=9.30

* 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852 Mil.
Total Current Assets was 円499 Mil.
Total Current Liabilities was 円240 Mil.
Retained Earnings was 円192 Mil.
Pre-Tax Income was 66.237 + -5.739 + -4.788 + 81.936 = 円138 Mil.
Interest Expense was -0.29 + -0.216 + -0.187 + -0.187 = 円-1 Mil.
Revenue was 757.535 + 611.094 + 623.616 + 768.422 = 円2,761 Mil.
Market Cap (Today) was 円1,958 Mil.
Total Liabilities was 円243 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
=(499.404 - 239.502)/852
=0.305

X2=Retained Earnings/Total Assets
=191.872/852
=0.2252

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(137.646 - -0.88)/852
=0.1626

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1957.798/242.76
=8.0647

X5=Revenue/Total Assets
=2760.667/852
=3.2402

The zones of discrimination were as such:

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

Sumasapo has a Altman Z-Score of 9.30 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 9.30 mean?
Sumasapo (TSE:9342) has a Altman Z-Score of 9.30 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sumasapo and its competitors. This is near median its historical median of 9.73. Over the past decade, Sumasapo's Altman Z-Score has ranged from 7.62 to 21.38. According to the industry distribution chart, Sumasapo ranks #86 out of 1734 companies in the Real Estate industry, placing it in the top 5%.
Is Sumasapo's Altman Z-Score too high?
Sumasapo's current Altman Z-Score of 9.30 is near median its 10-year median of 9.73. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 21.38. The Real Estate industry median Altman Z-Score is 1.31. Sumasapo's value of 9.30 is 609.9% above this industry median. Based on the distribution chart, Sumasapo ranks #86 out of 1734 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Sumasapo has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sumasapo's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sumasapo ranks #86 out of 1734 companies for Altman Z-Score. This places Sumasapo in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.31. Sumasapo's value of 9.30 is 609.9% above this benchmark. Historically, Sumasapo's own Altman Z-Score has ranged from 7.62 to 21.38 over the past decade. While the company's 10-year median is 9.73 vs. the industry median of 1.31, Sumasapo 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,734 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. Sumasapo's current Altman Z-Score of 9.30 is 609.9% 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 Sumasapo 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. Sumasapo's current Altman Z-Score is 9.30, which is near median its own 10-year median of 9.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumasapo stock overvalued right now?
Based on GuruFocus' analysis, Sumasapo (TSE:9342) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,256.39, compared to a current price of 円814.00 — trading 35.2% below its estimated fair value. The current Altman Z-Score is 9.30, which is near median its 10-year median of 9.73 and 609.9% above the Real Estate industry median of 1.31. Sumasapo's overall GF Score™ is 60/100 with 2 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 Sumasapo (TSE:9342), the current Altman Z-Score is 9.30 as of Jul. 12, 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 Sumasapo (TSE:9342) Overvalued in 2026?

Based on GuruFocus' analysis, Sumasapo stock appears to be undervalued. The current stock price of 円814.00 is trading 35.2% below its estimated GF Value™ of 円1,256.39. GuruFocus considers Sumasapo to be Significantly Undervalued.

Key valuation signals for TSE:9342:

  • Altman Z-Score: 9.30 (near median its 10-year median of 9.73)
  • GF Value™: 円1,256.39 vs. price of 円814.00 (35.2% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 609.9% above the Real Estate median (#86 of 1734)

No single metric tells the full story. See the TSE:9342 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sumasapo Business Description

Address 3-6-2 Nihonbashi, 1st Floor, Nihonbashi Front, Chuo-ku, Tokyo, JPN, 103-0027
Sumasapo Inc is engaged in providing multiple solutions for the real estate management industry and promoting digital transformation (DX) using the tenant app totono. It caters to the needs of real estate management companies by providing various services such as Sumasapo Thank You Calls; the totono application which digitizes communication between property management companies and tenants; Sumasapo Key Box, a key box that improves the efficiency of key management when viewing rental properties; the Sumai Guarantee that acts as a service that acts as a guarantor for tenants; and others. The group operates in a single segment, providing solutions to real estate management companies.
60GF 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814.00
Price
円1,256.39
GF Value