Subaru Enterprise CoTSE:9632 -0.70%74 Altman Z-Score is 6.62 as of Jul. 04, 2026, which is 21% above its 10-year median of 5.45. GuruFocus rates TSE:9632 with a GF Score™ of 74/100 and a GF Value™ of 円3,020.98 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,060 Business Services companies, Subaru Enterprise Co ranks better than 82.74% 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 6.59 is strong.
Subaru Enterprise Co has a Altman Z-Score of 6.62, 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 Subaru Enterprise Co's Altman Z-Score or its related term are showing as below:
TSE:9632'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.66 Med: 5.45 Max: 7.8
Current: 6.59
During the past 13 years, Subaru Enterprise Co's highest Altman Z-Score was 7.80. The lowest was 4.66. And the median was 5.45.
Subaru Enterprise Co (TSE:9632) 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.
Subaru Enterprise Co Altman Z-Score Related Terms
Subaru Enterprise Co Altman Z-Score Historical Data
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The historical data trend for Subaru Enterprise 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.
TSE:9632 vs CTAS, CPRT, ULS: Altman Z-Score Comparison
For the Specialty Business Services subindustry, Subaru Enterprise 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.
Subaru Enterprise Co Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Subaru Enterprise Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Subaru Enterprise 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.
Subaru Enterprise 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
*
0.421
+
1.4
*
0.7887
+
3.3
*
0.0872
+
0.6
*
6.747
+
1.0
*
0.6756
=
6.62
* 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.
Subaru Enterprise Co (TSE:9632) has a Altman Z-Score of 6.62 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Subaru Enterprise Co and its competitors. This is 21% above median its historical median of 5.45. Over the past decade, Subaru Enterprise Co's Altman Z-Score has ranged from 4.66 to 7.80. According to the industry distribution chart, Subaru Enterprise Co ranks #183 out of 1060 companies in the Business Services industry, placing it in the top 17.3%.
Is Subaru Enterprise Co's Altman Z-Score too high?
Subaru Enterprise Co's current Altman Z-Score of 6.62 is 21% above median its 10-year median of 5.45. Over the past 10 years, this metric has ranged from a low of 4.66 to a high of 7.80. The Business Services industry median Altman Z-Score is 2.97. Subaru Enterprise Co's value of 6.62 is 123.3% above this industry median. Based on the distribution chart, Subaru Enterprise Co ranks #183 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Subaru Enterprise Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Subaru Enterprise Co's Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Subaru Enterprise Co ranks #183 out of 1060 companies for Altman Z-Score. This places Subaru Enterprise Co in the top 17% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.97. Subaru Enterprise Co's value of 6.62 is 123.3% above this benchmark. Historically, Subaru Enterprise Co's own Altman Z-Score has ranged from 4.66 to 7.80 over the past decade. While the company's 10-year median is 5.45 vs. the industry median of 2.97, Subaru Enterprise 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, based on 1,060 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. Subaru Enterprise Co's current Altman Z-Score of 6.62 is 123.3% 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 Subaru Enterprise Co and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Subaru Enterprise Co's current Altman Z-Score is 6.62, which is 21% above median its own 10-year median of 5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subaru Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Subaru Enterprise Co (TSE:9632) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,020.98, compared to a current price of 円3,545.00 — trading 17.3% above its estimated fair value. The current Altman Z-Score is 6.62, which is 21% above median its 10-year median of 5.45 and 123.3% above the Business Services industry median of 2.97. Subaru Enterprise Co's overall GF Score™ is 74/100 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 Subaru Enterprise Co (TSE:9632), the current Altman Z-Score is 6.62 as of Jul. 04, 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 Subaru Enterprise Co (TSE:9632) Overvalued in 2026?
Based on GuruFocus' analysis, Subaru Enterprise Co stock appears to be overvalued.
The current stock price of 円3,545.00 is trading 17.3% above its estimated GF Value™ of 円3,020.98.
GuruFocus considers Subaru Enterprise Co to be Modestly Overvalued.
Key valuation signals for TSE:9632:
Altman Z-Score: 6.62 (21% above median its 10-year median of 5.45)
GF Value™: 円3,020.98 vs. price of 円3,545.00 (17.3% above fair value)
Industry Position: 123.3% above the Business Services median (#183 of 1060)
No single metric tells the full story. See the TSE:9632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Subaru Enterprise Co Ltd is a Japan-based company. Its business is divided into the following reportable segments: Road related business, Leisure business, and Real estate business. Road related business offers maintenance and cleaning of roads and road incidental facilities, contracting repair work, contracted operation of highway facilities, and photovoltaic power generation business. Leisure business involves customer service businesses such as food and beverage, and retail sales, as well as the management and operation of marinas, and the Real estate business is engaged in the real estate rental business. Maximum revenue for the group is generated from its Road related business.
74GF Score
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