Mister International Enterprise (ROCO:2941) Altman Z2-Score: 4.25 (As of Jul. 07, 2026) — Near Median


ROCO:2941 Mister International Enterprise Corp ROCO:2941
84 GF Score
Price NT$35.05
GF Value NT$97.06
Valuation Possible Value Trap
! 5 Warning Signs
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What is Mister International Enterprise Altman Z2-Score?

Mister International Enterprise ROCO:2941 -0.14% 84 Altman Z2-Score is 4.25 as of Jul. 07, 2026, which is 8% below its 10-year median of 4.61. GuruFocus rates ROCO:2941 with a GF Score™ of 84/100 and a GF Value™ of NT$97.06 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Mister International Enterprise ranks better than 62.71% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Mister International Enterprise has a Altman Z2-Score of 4.25, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Mister International Enterprise's Altman Z2-Score or its related term are showing as below:

ROCO:2941' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.51   Med: 4.61   Max: 5.52
Current: 4.25

During the past 8 years, Mister International Enterprise's highest Altman Z2-Score was 5.52. The lowest was -0.51. And the median was 4.61.


Mister International Enterprise  (ROCO:2941) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

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_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Mister International Enterprise Altman Z2-Score Related Terms


Mister International Enterprise Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Mister International Enterprise's Altman Z2-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.

Mister International Enterprise Altman Z2-Score Chart

Mister International Enterprise Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 4.97 5.16 5.52 5.31 4.25

Mister International Enterprise Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Altman Z2-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 5.31 4.21 3.93 4.97 4.25

ROCO:2941 vs AMZN, BABA, PDD: Altman Z2-Score Comparison

For the Internet Retail subindustry, Mister International Enterprise's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


Mister International Enterprise Altman Z2-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mister International Enterprise's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Mister International Enterprise's Altman Z2-Score falls into.


ROCO:2941
84GF Score
Mister International Enterprise Corp ROCO:2941
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mister International Enterprise Altman Z2-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.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Mister International Enterprise's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.345+3.26*0.0601+6.72*0.0715+1.05*1.2451
=4.25

* 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 Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was NT$649.2 Mil.
Total Current Assets was NT$443.8 Mil.
Total Current Liabilities was NT$219.8 Mil.
Retained Earnings was NT$39.0 Mil.
Pre-Tax Income was 5.336 + 13.495 + 16.159 + 9.991 = NT$45.0 Mil.
Interest Expense was -0.382 + -0.35 + -0.376 + -0.353 = NT$-1.5 Mil.
Total Liabilities was NT$289.2 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
=(443.849 - 219.847)/649.217
=0.345

X2=Retained Earnings/Total Assets
=39.015/649.217
=0.0601

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(44.981 - -1.461)/649.217
=0.0715

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(360.048 - 0)/289.169
=1.2451

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Mister International Enterprise has a Altman Z2-Score of 4.25 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.25 mean?
Mister International Enterprise (ROCO:2941) has a Altman Z2-Score of 4.25 as of Jul. 07, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Mister International Enterprise and its competitors. This is near median its historical median of 4.61. According to the industry distribution chart, Mister International Enterprise ranks #415 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 37.3%.
Is Mister International Enterprise's Altman Z2-Score too high?
Mister International Enterprise's current Altman Z2-Score of 4.25 is near median its 10-year median of 4.61. The Retail - Cyclical industry median Altman Z2-Score is 2.97. Mister International Enterprise's value of 4.25 is 43.1% above this industry median. Based on the distribution chart, Mister International Enterprise ranks #415 out of 1113 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Mister International Enterprise has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mister International Enterprise's Altman Z2-Score compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Mister International Enterprise ranks #415 out of 1113 companies for Altman Z2-Score. This puts Mister International Enterprise in the upper half of its industry. The industry median Altman Z2-Score is 2.97. Mister International Enterprise's value of 4.25 is 43.1% above this benchmark. While the company's 10-year median is 4.61 vs. the industry median of 2.97, Mister International Enterprise 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 Z2-Score for a Retail - Cyclical company?
The median Altman Z2-Score among Retail - Cyclical companies is 2.97, based on 1,113 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mister International Enterprise's current Altman Z2-Score of 4.25 is 43.1% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Mister International Enterprise and its competitors. For the Retail - Cyclical industry, the median Altman Z2-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mister International Enterprise's current Altman Z2-Score is 4.25, which is near median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mister International Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Mister International Enterprise (ROCO:2941) is currently considered Possible Value Trap. The stock's GF Value™ is NT$97.06, compared to a current price of NT$35.05 — trading 63.9% below its estimated fair value. The current Altman Z2-Score is 4.25, which is near median its 10-year median of 4.61 and 43.1% above the Retail - Cyclical industry median of 2.97. Mister International Enterprise's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Mister International Enterprise (ROCO:2941), the current Altman Z2-Score is 4.25 as of Jul. 07, 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 Mister International Enterprise (ROCO:2941) Overvalued in 2026?

Based on GuruFocus' analysis, Mister International Enterprise stock appears to be undervalued. The current stock price of NT$35.05 is trading 63.9% below its estimated GF Value™ of NT$97.06. GuruFocus considers Mister International Enterprise to be Possible Value Trap.

Key valuation signals for ROCO:2941:

  • Altman Z2-Score: 4.25 (near median its 10-year median of 4.61)
  • GF Value™: NT$97.06 vs. price of NT$35.05 (63.9% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 43.1% above the Retail - Cyclical median (#415 of 1113)

No single metric tells the full story. See the ROCO:2941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mister International Enterprise Business Description

Address No.236, Shizheng North 2nd Road, Room 1, 22nd Floor, Xitun District, Taichung City, TWN, 407
Mister International Enterprise Corp is an integrated e-commerce retailer of especially men's clothing brands. It mainly engages in the design, development, retail, and wholesale of ready-to-wear, footwear and accessories. It sells shoes, accessories, bags, clothes, and other wear under various brands.
84GF Score

Get the complete analysis for ROCO:2941

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$35.05
Price
NT$97.06
GF Value