Plastron Presicion Co (ROCO:6185) Altman Z2-Score: 12.08 (As of Jul. 14, 2026) — 28% Above Median

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ROCO:6185 Plastron Presicion Co Ltd ROCO:6185
61 GF Score
Price NT$14.30
GF Value NT$16.71
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Plastron Presicion Co Altman Z2-Score?

Plastron Presicion Co ROCO:6185 -1.38% 61 Altman Z2-Score is 12.08 as of Jul. 14, 2026, which is 28% above its 10-year median of 9.44. GuruFocus rates ROCO:6185 with a GF Score™ of 61/100 and a GF Value™ of NT$16.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,487 Hardware companies, Plastron Presicion Co ranks better than 92.76% 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:

Plastron Presicion Co has a Altman Z2-Score of 12.08, 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 Plastron Presicion Co's Altman Z2-Score or its related term are showing as below:

ROCO:6185' s Altman Z2-Score Range Over the Past 10 Years
Min: 7.5   Med: 9.44   Max: 12.08
Current: 12.08

During the past 13 years, Plastron Presicion Co's highest Altman Z2-Score was 12.08. The lowest was 7.50. And the median was 9.44.


Plastron Presicion Co  (ROCO:6185) 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.


Plastron Presicion Co Altman Z2-Score Related Terms


Plastron Presicion Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Plastron Presicion Co'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.

Plastron Presicion Co Altman Z2-Score Chart

Plastron Presicion Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.31 9.69 10.76 11.66 12.08

Plastron Presicion Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only 11.66 10.64 10.35 12.27 12.08

ROCO:6185 vs APH, GLW: Altman Z2-Score Comparison

For the Electronic Components subindustry, Plastron Presicion Co'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.


Plastron Presicion Co Altman Z2-Score vs Hardware Industry

For the Hardware industry and Technology sector, Plastron Presicion Co's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Plastron Presicion Co's Altman Z2-Score falls into.


ROCO:6185
61GF Score
Plastron Presicion Co Ltd ROCO:6185
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plastron Presicion Co 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.

Plastron Presicion Co'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*0.6436+3.26*0.0837+6.72*0.013+1.05*7.1418
=12.08

* 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$2,467.4 Mil.
Total Current Assets was NT$1,736.9 Mil.
Total Current Liabilities was NT$148.9 Mil.
Retained Earnings was NT$206.4 Mil.
Pre-Tax Income was 14.251 + 21.669 + -7.765 + 4.004 = NT$32.2 Mil.
Interest Expense was -0.002 + -0.002 + 0 + -0.001 = NT$-0.0 Mil.
Total Liabilities was NT$303.0 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
=(1736.893 - 148.87)/2467.362
=0.6436

X2=Retained Earnings/Total Assets
=206.445/2467.362
=0.0837

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(32.159 - -0.005)/2467.362
=0.013

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2164.313 - 0)/303.049
=7.1418

The zones of discrimination were as such:

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

Plastron Presicion Co has a Altman Z2-Score of 12.08 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 12.08 mean?
Plastron Presicion Co (ROCO:6185) has a Altman Z2-Score of 12.08 as of Jul. 14, 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 Plastron Presicion Co and its competitors. This is 28% above median its historical median of 9.44. Over the past decade, Plastron Presicion Co's Altman Z2-Score has ranged from 7.50 to 12.08. According to the industry distribution chart, Plastron Presicion Co ranks #180 out of 2487 companies in the Hardware industry, placing it in the top 7.2%.
Is Plastron Presicion Co's Altman Z2-Score too high?
Plastron Presicion Co's current Altman Z2-Score of 12.08 is 28% above median its 10-year median of 9.44. Over the past 10 years, this metric has ranged from a low of 7.50 to a high of 12.08. The Hardware industry median Altman Z2-Score is 4.09. Plastron Presicion Co's value of 12.08 is 195.4% above this industry median. Based on the distribution chart, Plastron Presicion Co ranks #180 out of 2487 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Plastron Presicion Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plastron Presicion Co's Altman Z2-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Plastron Presicion Co ranks #180 out of 2487 companies for Altman Z2-Score. This places Plastron Presicion Co in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.09. Plastron Presicion Co's value of 12.08 is 195.4% above this benchmark. Historically, Plastron Presicion Co's own Altman Z2-Score has ranged from 7.50 to 12.08 over the past decade. While the company's 10-year median is 9.44 vs. the industry median of 4.09, Plastron Presicion 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 Z2-Score for a Hardware company?
The median Altman Z2-Score among Hardware companies is 4.09, based on 2,487 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. Plastron Presicion Co's current Altman Z2-Score of 12.08 is 195.4% 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 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 Plastron Presicion Co and its competitors. For the Hardware industry, the median Altman Z2-Score is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plastron Presicion Co's current Altman Z2-Score is 12.08, which is 28% above median its own 10-year median of 9.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plastron Presicion Co stock overvalued right now?
Based on GuruFocus' analysis, Plastron Presicion Co (ROCO:6185) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.71, compared to a current price of NT$14.30 — trading 14.4% below its estimated fair value. The current Altman Z2-Score is 12.08, which is 28% above median its 10-year median of 9.44 and 195.4% above the Hardware industry median of 4.09. Plastron Presicion Co's overall GF Score™ is 61/100 with 4 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 Plastron Presicion Co (ROCO:6185), the current Altman Z2-Score is 12.08 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 Plastron Presicion Co (ROCO:6185) Overvalued in 2026?

Based on GuruFocus' analysis, Plastron Presicion Co stock appears to be undervalued. The current stock price of NT$14.30 is trading 14.4% below its estimated GF Value™ of NT$16.71. GuruFocus considers Plastron Presicion Co to be Modestly Undervalued.

Key valuation signals for ROCO:6185:

  • Altman Z2-Score: 12.08 (28% above median its 10-year median of 9.44)
  • GF Value™: NT$16.71 vs. price of NT$14.30 (14.4% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 195.4% above the Hardware median (#180 of 2487)

No single metric tells the full story. See the ROCO:6185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plastron Presicion Co Business Description

Address 3rd Floor, No.1, Lane 11, Ziqiang Street, Tucheng District, New Taipei, TWN, 23678
Plastron Presicion Co Ltd develops, manufactures, and sells different board-to-board connectors. It offers board-to-board connectors, memory cards, FFC series products, and HDMI & DVI products high-frequency connectors, I/O transmission connectors, and other custom-made connectors. Geographically, it operates in Taiwan, Germany, PRC, and Others.
61GF Score

Get the complete analysis for ROCO:6185

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

NT$14.30
Price
NT$16.71
GF Value