Ohsho Food Service (TSE:9936) Altman Z-Score: 7.66 (As of Jul. 14, 2026) — 24% Above Median

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TSE:9936 Ohsho Food Service Corp TSE:9936
89 GF Score
Price 円2,926.00
GF Value 円3,434.16
Valuation Modestly Undervalued
View Full Analysis

What is Ohsho Food Service Altman Z-Score?

Ohsho Food Service TSE:9936 +0.38% 89 Altman Z-Score is 7.66 as of Jul. 14, 2026, which is 24% above its 10-year median of 6.18. GuruFocus rates TSE:9936 with a GF Score™ of 89/100 and a GF Value™ of 円3,434.16 (Modestly Undervalued). Among 359 Restaurants companies, Ohsho Food Service ranks better than 93.31% 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 7.64 is strong.

Ohsho Food Service has a Altman Z-Score of 7.66, 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 Ohsho Food Service's Altman Z-Score or its related term are showing as below:

TSE:9936' s Altman Z-Score Range Over the Past 10 Years
Min: 3.84   Med: 6.18   Max: 7.91
Current: 7.64

During the past 13 years, Ohsho Food Service's highest Altman Z-Score was 7.91. The lowest was 3.84. And the median was 6.18.


Ohsho Food Service  (TSE:9936) 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.


Ohsho Food Service Altman Z-Score Related Terms


Ohsho Food Service Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ohsho Food Service'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.

Ohsho Food Service Altman Z-Score Chart

Ohsho Food Service 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 4.70 5.91 6.64 7.70 7.91

Ohsho Food Service 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 7.70 8.67 8.80 8.35 7.91

TSE:9936 vs MCD, SBUX, YUM: Altman Z-Score Comparison

For the Restaurants subindustry, Ohsho Food Service'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.


Ohsho Food Service Altman Z-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ohsho Food Service's Altman Z-Score distribution charts can be found below:

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


TSE:9936
89GF Score
Ohsho Food Service Corp TSE:9936
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ohsho Food Service 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.

Ohsho Food Service'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*0.1672+1.4*0.76+3.3*0.1249+0.6*7.6776+1.0*1.3732
=7.66

* 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85,087 Mil.
Total Current Assets was 円29,833 Mil.
Total Current Liabilities was 円15,606 Mil.
Retained Earnings was 円64,667 Mil.
Pre-Tax Income was 2743 + 2348 + 2293 + 3199 = 円10,583 Mil.
Interest Expense was -10 + -10 + -11 + -11 = 円-42 Mil.
Revenue was 29561 + 28774 + 28835 + 29668 = 円116,838 Mil.
Market Cap (Today) was 円153,706 Mil.
Total Liabilities was 円20,020 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
=(29833 - 15606)/85087
=0.1672

X2=Retained Earnings/Total Assets
=64667/85087
=0.76

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(10583 - -42)/85087
=0.1249

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=153706.470/20020
=7.6776

X5=Revenue/Total Assets
=116838/85087
=1.3732

The zones of discrimination were as such:

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

Ohsho Food Service has a Altman Z-Score of 7.66 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 7.66 mean?
Ohsho Food Service (TSE:9936) has a Altman Z-Score of 7.66 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ohsho Food Service and its competitors. This is 24% above median its historical median of 6.18. Over the past decade, Ohsho Food Service's Altman Z-Score has ranged from 3.84 to 7.91. According to the industry distribution chart, Ohsho Food Service ranks #24 out of 359 companies in the Restaurants industry, placing it in the top 6.7%.
Is Ohsho Food Service's Altman Z-Score too high?
Ohsho Food Service's current Altman Z-Score of 7.66 is 24% above median its 10-year median of 6.18. Over the past 10 years, this metric has ranged from a low of 3.84 to a high of 7.91. The Restaurants industry median Altman Z-Score is 2.25. Ohsho Food Service's value of 7.66 is 240.4% above this industry median. Based on the distribution chart, Ohsho Food Service ranks #24 out of 359 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Ohsho Food Service has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ohsho Food Service's Altman Z-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Ohsho Food Service ranks #24 out of 359 companies for Altman Z-Score. This places Ohsho Food Service in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.25. Ohsho Food Service's value of 7.66 is 240.4% above this benchmark. Historically, Ohsho Food Service's own Altman Z-Score has ranged from 3.84 to 7.91 over the past decade. While the company's 10-year median is 6.18 vs. the industry median of 2.25, Ohsho Food Service 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 Restaurants company?
The median Altman Z-Score among Restaurants companies is 2.25, based on 359 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. Ohsho Food Service's current Altman Z-Score of 7.66 is 240.4% 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 Ohsho Food Service and its competitors. For the Restaurants industry, the median Altman Z-Score is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ohsho Food Service's current Altman Z-Score is 7.66, which is 24% above median its own 10-year median of 6.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ohsho Food Service stock overvalued right now?
Based on GuruFocus' analysis, Ohsho Food Service (TSE:9936) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,434.16, compared to a current price of 円2,926.00 — trading 14.8% below its estimated fair value. The current Altman Z-Score is 7.66, which is 24% above median its 10-year median of 6.18 and 240.4% above the Restaurants industry median of 2.25. Ohsho Food Service's overall GF Score™ is 89/100. 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 Ohsho Food Service (TSE:9936), the current Altman Z-Score is 7.66 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 Ohsho Food Service (TSE:9936) Overvalued in 2026?

Based on GuruFocus' analysis, Ohsho Food Service stock appears to be undervalued. The current stock price of 円2,926.00 is trading 14.8% below its estimated GF Value™ of 円3,434.16. GuruFocus considers Ohsho Food Service to be Modestly Undervalued.

Key valuation signals for TSE:9936:

  • Altman Z-Score: 7.66 (24% above median its 10-year median of 6.18)
  • GF Value™: 円3,434.16 vs. price of 円2,926.00 (14.8% below fair value)
  • GF Score™: 89/100
  • Industry Position: 240.4% above the Restaurants median (#24 of 359)

No single metric tells the full story. See the TSE:9936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ohsho Food Service Business Description

Address 294-1, Nishinoyama Ibanouecho, Yamashina-ku, Kyoto-shi, Kyoto, JPN
Ohsho Food Service Corp is a Japanese company which operates Chinese restaurant chains offering Chinese dishes, as well as the sale of Chinese food ingredients and others. The company provides noodles, dumpling skins, fillings for dumplings, sliced pork, as well as alcoholic beverages and soft drinks, among others.
89GF Score

Get the complete analysis for TSE:9936

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

円2,926.00
Price
円3,434.16
GF Value