Image Match Design (ROCO:6563) Altman Z2-Score: 6.23 (As of Jul. 14, 2026) — 5092% Above Median

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ROCO:6563 Image Match Design Inc ROCO:6563
39 GF Score
Price NT$27.30
! 5 Warning Signs
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What is Image Match Design Altman Z2-Score?

Image Match Design ROCO:6563 -4.21% 39 Altman Z2-Score is 6.23 as of Jul. 14, 2026, which is 5092% above its 10-year median of 0.12. GuruFocus rates ROCO:6563 with a GF Score™ of 39/100. The stock has 5 warning signs investors should review. Among 1,020 Semiconductors companies, Image Match Design ranks better than 61.76% 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:

Image Match Design has a Altman Z2-Score of 6.23, 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 Image Match Design's Altman Z2-Score or its related term are showing as below:

ROCO:6563' s Altman Z2-Score Range Over the Past 10 Years
Min: -8.9   Med: 0.12   Max: 6.23
Current: 6.23

During the past 8 years, Image Match Design's highest Altman Z2-Score was 6.23. The lowest was -8.90. And the median was 0.12.


Image Match Design  (ROCO:6563) 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.


Image Match Design Altman Z2-Score Related Terms


Image Match Design Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Image Match Design'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.

Image Match Design Altman Z2-Score Chart

Image Match Design Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial -6.67 -8.90 3.78 4.10 6.23

Image Match Design Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 3.78 0.00 4.10 0.00 6.23

ROCO:6563 vs NVDA, AVGO, MU: Altman Z2-Score Comparison

For the Semiconductors subindustry, Image Match Design'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.


Image Match Design Altman Z2-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Image Match Design's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Image Match Design's Altman Z2-Score falls into.


ROCO:6563
39GF Score
Image Match Design Inc ROCO:6563
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Image Match Design 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.

Image Match Design'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*0.7967+3.26*-0.2704+6.72*-0.1002+1.05*2.4409
=6.23

* 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$403.5 Mil.
Total Current Assets was NT$382.4 Mil.
Total Current Liabilities was NT$60.9 Mil.
Retained Earnings was NT$-109.1 Mil.
Pre-Tax Income was NT$-41.5 Mil.
Interest Expense was NT$-1.1 Mil.
Total Liabilities was NT$117.3 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
=(382.397 - 60.929)/403.517
=0.7967

X2=Retained Earnings/Total Assets
=-109.109/403.517
=-0.2704

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-41.505 - -1.08)/403.517
=-0.1002

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(286.245 - 0)/117.272
=2.4409

The zones of discrimination were as such:

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

Image Match Design has a Altman Z2-Score of 6.23 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.23 mean?
Image Match Design (ROCO:6563) has a Altman Z2-Score of 6.23 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 Image Match Design and its competitors. This is 5092% above median its historical median of 0.12. According to the industry distribution chart, Image Match Design ranks #390 out of 1020 companies in the Semiconductors industry, placing it in the top 38.2%.
Is Image Match Design's Altman Z2-Score too high?
Image Match Design's current Altman Z2-Score of 6.23 is 5092% above median its 10-year median of 0.12. The Semiconductors industry median Altman Z2-Score is 4.92. Image Match Design's value of 6.23 is 26.6% above this industry median. Based on the distribution chart, Image Match Design ranks #390 out of 1020 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Image Match Design has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Image Match Design's Altman Z2-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Image Match Design ranks #390 out of 1020 companies for Altman Z2-Score. This puts Image Match Design in the upper half of its industry. The industry median Altman Z2-Score is 4.92. Image Match Design's value of 6.23 is 26.6% above this benchmark. While the company's 10-year median is 0.12 vs. the industry median of 4.92, Image Match Design 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 Semiconductors company?
The median Altman Z2-Score among Semiconductors companies is 4.92, based on 1,020 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. Image Match Design's current Altman Z2-Score of 6.23 is 26.6% 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 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 Image Match Design and its competitors. For the Semiconductors industry, the median Altman Z2-Score is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Image Match Design's current Altman Z2-Score is 6.23, which is 5092% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Match Design stock overvalued right now?
Image Match Design (ROCO:6563) has a current Altman Z2-Score of 6.23. The current Altman Z2-Score is 6.23, which is 5092% above median its 10-year median of 0.12 and 26.6% above the Semiconductors industry median of 4.92. Image Match Design's overall GF Score™ is 39/100 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 Image Match Design (ROCO:6563), the current Altman Z2-Score is 6.23 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.

Image Match Design Business Description

Address No. 200, Zhuangjing 5th Street, Hsinchu County, Zhubei, TWN, 302044
Image Match Design Inc is dedicated to developing sensing technology, and providing customers with developed and various sensor products. Currently, its main product is a capacitive fingerprint sensor IC. Its mission is, 1. To develop inventive sensing technology 2.To provide diverse sensing products. 3. To create a convenient sensing experience. Its products include CYGNOIDES, ROSSII, FABALIS, and INDICUS.
39GF Score

Get the complete analysis for ROCO:6563

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

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