Great Tree Pharmacy Co (ROCO:6469) Altman Z2-Score: 2.36 (As of Jul. 07, 2026) — Near Median


ROCO:6469 Great Tree Pharmacy Co Ltd ROCO:6469
70 GF Score
Price NT$77.10
GF Value NT$193.07
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Great Tree Pharmacy Co Altman Z2-Score?

Great Tree Pharmacy Co ROCO:6469 +0.52% 70 Altman Z2-Score is 2.36 as of Jul. 07, 2026, which is 9% below its 10-year median of 2.59. GuruFocus rates ROCO:6469 with a GF Score™ of 70/100 and a GF Value™ of NT$193.07 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 677 Healthcare Providers & Services companies, Great Tree Pharmacy Co ranks better than 51.7% 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.

Great Tree Pharmacy Co has a Altman Z2-Score of 2.36, indicating it is in Grey Zones. This implies that Great Tree Pharmacy Co is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 Great Tree Pharmacy Co's Altman Z2-Score or its related term are showing as below:

ROCO:6469' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.38   Med: 2.59   Max: 4.93
Current: 2.36

During the past 13 years, Great Tree Pharmacy Co's highest Altman Z2-Score was 4.93. The lowest was 1.38. And the median was 2.59.


Great Tree Pharmacy Co  (ROCO:6469) 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.


Great Tree Pharmacy Co Altman Z2-Score Related Terms


Great Tree Pharmacy Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Great Tree Pharmacy 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.

Great Tree Pharmacy Co Altman Z2-Score Chart

Great Tree Pharmacy 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 1.87 2.81 2.84 2.09 2.36

Great Tree Pharmacy 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 2.09 1.79 1.70 2.26 2.36

Great Tree Pharmacy Co Altman Z2-Score Competitor Comparison

For the Pharmaceutical Retailers subindustry, Great Tree Pharmacy 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.


Great Tree Pharmacy Co Altman Z2-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Great Tree Pharmacy Co's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Great Tree Pharmacy Co's Altman Z2-Score falls into.


ROCO:6469
70GF Score
Great Tree Pharmacy Co Ltd ROCO:6469
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great Tree Pharmacy 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.

Great Tree Pharmacy 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*0.2103+3.26*0.0463+6.72*0.0603+1.05*0.4015
=2.36

* 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$13,759 Mil.
Total Current Assets was NT$7,490 Mil.
Total Current Liabilities was NT$4,596 Mil.
Retained Earnings was NT$637 Mil.
Pre-Tax Income was 188.454 + 156.543 + 196.61 + 202.381 = NT$744 Mil.
Interest Expense was -22.674 + -24.54 + -22.642 + -15.969 = NT$-86 Mil.
Total Liabilities was NT$9,759 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
=(7490.203 - 4596.051)/13759.465
=0.2103

X2=Retained Earnings/Total Assets
=637.31/13759.465
=0.0463

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(743.988 - -85.825)/13759.465
=0.0603

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(3918.181 - 0)/9759.045
=0.4015

The zones of discrimination were as such:

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

Great Tree Pharmacy Co has a Altman Z2-Score of 2.36 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.36 mean?
Great Tree Pharmacy Co (ROCO:6469) has a Altman Z2-Score of 2.36 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 Great Tree Pharmacy Co and its competitors. This is near median its historical median of 2.59. Over the past decade, Great Tree Pharmacy Co's Altman Z2-Score has ranged from 1.38 to 4.93. According to the industry distribution chart, Great Tree Pharmacy Co ranks #327 out of 677 companies in the Healthcare Providers & Services industry, placing it in the top 48.3%.
Is Great Tree Pharmacy Co's Altman Z2-Score too high?
Great Tree Pharmacy Co's current Altman Z2-Score of 2.36 is near median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 4.93. The Healthcare Providers & Services industry median Altman Z2-Score is 2.18. Great Tree Pharmacy Co's value of 2.36 is 8.3% above this industry median. Based on the distribution chart, Great Tree Pharmacy Co ranks #327 out of 677 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Great Tree Pharmacy Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Great Tree Pharmacy Co's Altman Z2-Score compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Great Tree Pharmacy Co ranks #327 out of 677 companies for Altman Z2-Score. This puts Great Tree Pharmacy Co in the upper half of its industry. The industry median Altman Z2-Score is 2.18. Great Tree Pharmacy Co's value of 2.36 is 8.3% above this benchmark. Historically, Great Tree Pharmacy Co's own Altman Z2-Score has ranged from 1.38 to 4.93 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 2.18, Great Tree Pharmacy 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 Healthcare Providers & Services company?
The median Altman Z2-Score among Healthcare Providers & Services companies is 2.18, based on 677 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. Great Tree Pharmacy Co's current Altman Z2-Score of 2.36 is 8.3% 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 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 Great Tree Pharmacy Co and its competitors. For the Healthcare Providers & Services industry, the median Altman Z2-Score is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great Tree Pharmacy Co's current Altman Z2-Score is 2.36, which is near median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Tree Pharmacy Co stock overvalued right now?
Based on GuruFocus' analysis, Great Tree Pharmacy Co (ROCO:6469) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$193.07, compared to a current price of NT$77.10 — trading 60.1% below its estimated fair value. The current Altman Z2-Score is 2.36, which is near median its 10-year median of 2.59 and 8.3% above the Healthcare Providers & Services industry median of 2.18. Great Tree Pharmacy Co's overall GF Score™ is 70/100 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 Great Tree Pharmacy Co (ROCO:6469), the current Altman Z2-Score is 2.36 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 Great Tree Pharmacy Co (ROCO:6469) Overvalued in 2026?

Based on GuruFocus' analysis, Great Tree Pharmacy Co stock appears to be undervalued. The current stock price of NT$77.10 is trading 60.1% below its estimated GF Value™ of NT$193.07. GuruFocus considers Great Tree Pharmacy Co to be Significantly Undervalued.

Key valuation signals for ROCO:6469:

  • Altman Z2-Score: 2.36 (near median its 10-year median of 2.59)
  • GF Value™: NT$193.07 vs. price of NT$77.10 (60.1% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 8.3% above the Healthcare Providers & Services median (#327 of 677)

No single metric tells the full story. See the ROCO:6469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great Tree Pharmacy Co Business Description

Address No.186, Fuxing Road, 18th Floor, Taoyuan District, Taoyuan, TWN, 330046
Great Tree Pharmacy Co Ltd engages in management and trading of various drugs, health supplements, maternity and infant products, and cosmetics products. It also provides coordinated medicine procurement services to various clinics, outpatient centers, and medical communities. Besides, it is also an agency for domestic and foreign health care products sold in clinics, outpatient centers, and medical communities. Its products include infant formula, baby diapers, Maternal and Infant Related, Adult drinks, Nutrition and health care, Body care, Daily Necessities, medical equipment, and Pet products.
70GF Score

Get the complete analysis for ROCO:6469

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

NT$77.10
Price
NT$193.07
GF Value