Okinawa Cellular Telephone Co (TSE:9436) Altman Z-Score: 14.22 (As of Jul. 14, 2026) — 90% Above Median

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TSE:9436 Okinawa Cellular Telephone Co TSE:9436
83 GF Score
Price 円3,775.00
GF Value 円2,386.49
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Okinawa Cellular Telephone Co Altman Z-Score?

Okinawa Cellular Telephone Co TSE:9436 +0.80% 83 Altman Z-Score is 14.22 as of Jul. 14, 2026, which is 90% above its 10-year median of 7.49. GuruFocus rates TSE:9436 with a GF Score™ of 83/100 and a GF Value™ of 円2,386.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 362 Telecommunication Services companies, Okinawa Cellular Telephone Co ranks better than 97.24% 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 14.13 is strong.

Okinawa Cellular Telephone Co has a Altman Z-Score of 14.22, 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 Okinawa Cellular Telephone Co's Altman Z-Score or its related term are showing as below:

TSE:9436' s Altman Z-Score Range Over the Past 10 Years
Min: 6.37   Med: 7.49   Max: 14.13
Current: 14.13

During the past 13 years, Okinawa Cellular Telephone Co's highest Altman Z-Score was 14.13. The lowest was 6.37. And the median was 7.49.


Okinawa Cellular Telephone Co  (TSE:9436) 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.


Okinawa Cellular Telephone Co Altman Z-Score Related Terms


Okinawa Cellular Telephone Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Okinawa Cellular Telephone 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.

Okinawa Cellular Telephone Co Altman Z-Score Chart

Okinawa Cellular Telephone 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 7.01 7.91 8.55 9.24 13.21

Okinawa Cellular Telephone Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only 9.24 12.12 11.27 12.32 13.21

TSE:9436 vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Okinawa Cellular Telephone 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.


Okinawa Cellular Telephone Co Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Okinawa Cellular Telephone Co's Altman Z-Score distribution charts can be found below:

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


TSE:9436
83GF Score
Okinawa Cellular Telephone Co TSE:9436
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okinawa Cellular Telephone 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.

Okinawa Cellular Telephone 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*0.4743+1.4*0.8354+3.3*0.1566+0.6*18.7383+1.0*0.7168
=14.22

* 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120,457 Mil.
Total Current Assets was 円73,529 Mil.
Total Current Liabilities was 円16,399 Mil.
Retained Earnings was 円100,629 Mil.
Pre-Tax Income was 4406 + 5034 + 4736 + 4688 = 円18,864 Mil.
Interest Expense was 0 + 0 + 0 + 0 = 円0 Mil.
Revenue was 21989 + 22292 + 21455 + 20612 = 円86,348 Mil.
Market Cap (Today) was 円347,502 Mil.
Total Liabilities was 円18,545 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
=(73529 - 16399)/120457
=0.4743

X2=Retained Earnings/Total Assets
=100629/120457
=0.8354

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(18864 - 0)/120457
=0.1566

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=347501.627/18545
=18.7383

X5=Revenue/Total Assets
=86348/120457
=0.7168

The zones of discrimination were as such:

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

Okinawa Cellular Telephone Co has a Altman Z-Score of 14.22 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 14.22 mean?
Okinawa Cellular Telephone Co (TSE:9436) has a Altman Z-Score of 14.22 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Okinawa Cellular Telephone Co and its competitors. This is 90% above median its historical median of 7.49. Over the past decade, Okinawa Cellular Telephone Co's Altman Z-Score has ranged from 6.37 to 14.13. According to the industry distribution chart, Okinawa Cellular Telephone Co ranks #10 out of 362 companies in the Telecommunication Services industry, placing it in the top 2.8%.
Is Okinawa Cellular Telephone Co's Altman Z-Score too high?
Okinawa Cellular Telephone Co's current Altman Z-Score of 14.22 is 90% above median its 10-year median of 7.49. Over the past 10 years, this metric has ranged from a low of 6.37 to a high of 14.13. The Telecommunication Services industry median Altman Z-Score is 1.71. Okinawa Cellular Telephone Co's value of 14.22 is 734% above this industry median. Based on the distribution chart, Okinawa Cellular Telephone Co ranks #10 out of 362 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Okinawa Cellular Telephone Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okinawa Cellular Telephone Co's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Okinawa Cellular Telephone Co ranks #10 out of 362 companies for Altman Z-Score. This places Okinawa Cellular Telephone Co in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.71. Okinawa Cellular Telephone Co's value of 14.22 is 734% above this benchmark. Historically, Okinawa Cellular Telephone Co's own Altman Z-Score has ranged from 6.37 to 14.13 over the past decade. While the company's 10-year median is 7.49 vs. the industry median of 1.71, Okinawa Cellular Telephone 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.71, based on 362 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. Okinawa Cellular Telephone Co's current Altman Z-Score of 14.22 is 734% 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 Okinawa Cellular Telephone Co and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okinawa Cellular Telephone Co's current Altman Z-Score is 14.22, which is 90% above median its own 10-year median of 7.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okinawa Cellular Telephone Co stock overvalued right now?
Based on GuruFocus' analysis, Okinawa Cellular Telephone Co (TSE:9436) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,386.49, compared to a current price of 円3,775.00 — trading 58.2% above its estimated fair value. The current Altman Z-Score is 14.22, which is 90% above median its 10-year median of 7.49 and 734% above the Telecommunication Services industry median of 1.71. Okinawa Cellular Telephone Co's overall GF Score™ is 83/100 with 6 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 Okinawa Cellular Telephone Co (TSE:9436), the current Altman Z-Score is 14.22 as of Jul. 14, 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 Okinawa Cellular Telephone Co (TSE:9436) Overvalued in 2026?

Based on GuruFocus' analysis, Okinawa Cellular Telephone Co stock appears to be overvalued. The current stock price of 円3,775.00 is trading 58.2% above its estimated GF Value™ of 円2,386.49. GuruFocus considers Okinawa Cellular Telephone Co to be Significantly Overvalued.

Key valuation signals for TSE:9436:

  • Altman Z-Score: 14.22 (90% above median its 10-year median of 7.49)
  • GF Value™: 円2,386.49 vs. price of 円3,775.00 (58.2% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 734% above the Telecommunication Services median (#10 of 362)

No single metric tells the full story. See the TSE:9436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okinawa Cellular Telephone Co Business Description

Other Exchanges OCU:Germany
Address 1-2-1 Matsuyama, Okinawa, Naha City, JPN, 900-8540
Okinawa Cellular Telephone Co is a telecommunications company. It is engaged in telecommunications business that provides mobile services, domestic and international communication services, Internet services, etc.
83GF Score

Get the complete analysis for TSE:9436

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

円3,775.00
Price
円2,386.49
GF Value