Cox CoTSE:9876 +1.32%63 Altman Z-Score is 2.51 as of Jul. 03, 2026, which is 27% above its 10-year median of 1.97. GuruFocus rates TSE:9876 with a GF Score™ of 63/100 and a GF Value™ of 円204.00 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,030 Manufacturing - Apparel & Accessories companies, Cox Co ranks better than 50.29% 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 2.53 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.
Cox Co has a Altman Z-Score of 2.51, indicating it is in Grey Zones. This implies that Cox 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 Cox Co's Altman Z-Score or its related term are showing as below:
TSE:9876'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.09 Med: 1.97 Max: 2.6
Current: 2.53
During the past 13 years, Cox Co's highest Altman Z-Score was 2.60. The lowest was 1.09. And the median was 1.97.
Cox Co (TSE:9876) 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.
Cox Co Altman Z-Score Related Terms
Cox Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Cox 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:9876 vs RL, LEVI, VFC: Altman Z-Score Comparison
For the Apparel Manufacturing subindustry, Cox 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.
Cox Co Altman Z-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cox Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Cox 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.
Cox 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
*
0.3789
+
1.4
*
-0.0816
+
3.3
*
0.0949
+
0.6
*
1.4318
+
1.0
*
1.0022
=
2.51
* 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.
Cox Co (TSE:9876) has a Altman Z-Score of 2.51 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cox Co and its competitors. This is 27% above median its historical median of 1.97. Over the past decade, Cox Co's Altman Z-Score has ranged from 1.09 to 2.60. According to the industry distribution chart, Cox Co ranks #512 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.7%.
Is Cox Co's Altman Z-Score too high?
Cox Co's current Altman Z-Score of 2.51 is 27% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 2.60. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.50. Cox Co's value of 2.51 is 0.6% above this industry median. Based on the distribution chart, Cox Co ranks #512 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Cox Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cox Co's Altman Z-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cox Co ranks #512 out of 1030 companies for Altman Z-Score. This puts Cox Co in the upper half of its industry. The industry median Altman Z-Score is 2.50. Cox Co's value of 2.51 is 0.6% above this benchmark. Historically, Cox Co's own Altman Z-Score has ranged from 1.09 to 2.60 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 2.50, Cox 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.50, based on 1,030 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. Cox Co's current Altman Z-Score of 2.51 is 0.6% 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 Cox Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cox Co's current Altman Z-Score is 2.51, which is 27% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cox Co stock overvalued right now?
Based on GuruFocus' analysis, Cox Co (TSE:9876) is currently considered Modestly Overvalued. The stock's GF Value™ is 円204.00, compared to a current price of 円230.00 — trading 12.7% above its estimated fair value. The current Altman Z-Score is 2.51, which is 27% above median its 10-year median of 1.97 and 0.6% above the Manufacturing - Apparel & Accessories industry median of 2.50. Cox Co's overall GF Score™ is 63/100 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 Cox Co (TSE:9876), the current Altman Z-Score is 2.51 as of Jul. 03, 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 Cox Co (TSE:9876) Overvalued in 2026?
Based on GuruFocus' analysis, Cox Co stock appears to be overvalued.
The current stock price of 円230.00 is trading 12.7% above its estimated GF Value™ of 円204.00.
GuruFocus considers Cox Co to be Modestly Overvalued.
Key valuation signals for TSE:9876:
Altman Z-Score: 2.51 (27% above median its 10-year median of 1.97)
GF Value™: 円204.00 vs. price of 円230.00 (12.7% above fair value)
Industry Position: 0.6% above the Manufacturing - Apparel & Accessories median (#512 of 1030)
No single metric tells the full story. See the TSE:9876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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