BioGend Therapeutics Co (ROCO:6733) Altman Z2-Score: 15.54 (As of Jul. 14, 2026) — Near Median

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ROCO:6733 BioGend Therapeutics Co Ltd ROCO:6733
73 GF Score
Price NT$25.35
GF Value NT$70.22
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is BioGend Therapeutics Co Altman Z2-Score?

BioGend Therapeutics Co ROCO:6733 -2.50% 73 Altman Z2-Score is 15.54 as of Jul. 14, 2026, which is 0% above its 10-year median of 15.53. GuruFocus rates ROCO:6733 with a GF Score™ of 73/100 and a GF Value™ of NT$70.22 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,392 Biotechnology companies, BioGend Therapeutics Co ranks better than 89.87% 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:

BioGend Therapeutics Co has a Altman Z2-Score of 15.54, 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 BioGend Therapeutics Co's Altman Z2-Score or its related term are showing as below:

ROCO:6733' s Altman Z2-Score Range Over the Past 10 Years
Min: 9.18   Med: 15.53   Max: 41.67
Current: 15.54

During the past 10 years, BioGend Therapeutics Co's highest Altman Z2-Score was 41.67. The lowest was 9.18. And the median was 15.53.


BioGend Therapeutics Co  (ROCO:6733) 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.


BioGend Therapeutics Co Altman Z2-Score Related Terms


BioGend Therapeutics Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for BioGend Therapeutics 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.

BioGend Therapeutics Co Altman Z2-Score Chart

BioGend Therapeutics 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 14.06 9.18 13.30 15.52 15.54

BioGend Therapeutics 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 15.52 16.60 15.87 15.71 15.54

ROCO:6733 vs VRTX, REGN, ALNY: Altman Z2-Score Comparison

For the Biotechnology subindustry, BioGend Therapeutics 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.


BioGend Therapeutics Co Altman Z2-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BioGend Therapeutics Co's Altman Z2-Score distribution charts can be found below:

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


ROCO:6733
73GF Score
BioGend Therapeutics Co Ltd ROCO:6733
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BioGend Therapeutics 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.

BioGend Therapeutics 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*0.7362+3.26*-0.5923+6.72*-0.1269+1.05*12.8525
=15.54

* 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$815.4 Mil.
Total Current Assets was NT$636.4 Mil.
Total Current Liabilities was NT$36.2 Mil.
Retained Earnings was NT$-482.9 Mil.
Pre-Tax Income was -25.809 + -11.241 + -28.086 + -38.474 = NT$-103.6 Mil.
Interest Expense was -0.038 + -0.033 + -0.038 + -0.042 = NT$-0.2 Mil.
Total Liabilities was NT$57.7 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
=(636.43 - 36.163)/815.378
=0.7362

X2=Retained Earnings/Total Assets
=-482.927/815.378
=-0.5923

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-103.61 - -0.151)/815.378
=-0.1269

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(742.093 - 0)/57.739
=12.8525

The zones of discrimination were as such:

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

BioGend Therapeutics Co has a Altman Z2-Score of 15.54 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 15.54 mean?
BioGend Therapeutics Co (ROCO:6733) has a Altman Z2-Score of 15.54 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 BioGend Therapeutics Co and its competitors. This is near median its historical median of 15.53. Over the past decade, BioGend Therapeutics Co's Altman Z2-Score has ranged from 9.18 to 41.67. According to the industry distribution chart, BioGend Therapeutics Co ranks #141 out of 1392 companies in the Biotechnology industry, placing it in the top 10.1%.
Is BioGend Therapeutics Co's Altman Z2-Score too high?
BioGend Therapeutics Co's current Altman Z2-Score of 15.54 is near median its 10-year median of 15.53. Over the past 10 years, this metric has ranged from a low of 9.18 to a high of 41.67. Based on the distribution chart, BioGend Therapeutics Co ranks #141 out of 1392 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, BioGend Therapeutics Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BioGend Therapeutics Co's Altman Z2-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, BioGend Therapeutics Co ranks #141 out of 1392 companies for Altman Z2-Score. This places BioGend Therapeutics Co in the top 10% of its industry — outperforming the majority of peers. Historically, BioGend Therapeutics Co's own Altman Z2-Score has ranged from 9.18 to 41.67 over the past decade. 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 Biotechnology company?
A good Altman Z2-Score depends on the Biotechnology industry context. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 BioGend Therapeutics Co and its competitors. BioGend Therapeutics Co's current Altman Z2-Score is 15.54, which is near median its own 10-year median of 15.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BioGend Therapeutics Co stock overvalued right now?
Based on GuruFocus' analysis, BioGend Therapeutics Co (ROCO:6733) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$70.22, compared to a current price of NT$25.35 — trading 63.9% below its estimated fair value. The current Altman Z2-Score is 15.54, which is near median its 10-year median of 15.53. BioGend Therapeutics Co's overall GF Score™ is 73/100 with 1 warning sign 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 BioGend Therapeutics Co (ROCO:6733), the current Altman Z2-Score is 15.54 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 BioGend Therapeutics Co (ROCO:6733) Overvalued in 2026?

Based on GuruFocus' analysis, BioGend Therapeutics Co stock appears to be undervalued. The current stock price of NT$25.35 is trading 63.9% below its estimated GF Value™ of NT$70.22. GuruFocus considers BioGend Therapeutics Co to be Significantly Undervalued.

Key valuation signals for ROCO:6733:

  • Altman Z2-Score: 15.54 (near median its 10-year median of 15.53)
  • GF Value™: NT$70.22 vs. price of NT$25.35 (63.9% below fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the ROCO:6733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BioGend Therapeutics Co Business Description

Address Park Street, 4th Floor, No. 3-2, Nangang District, Taipei, TWN, 115
BioGend Therapeutics Co Ltd is a Taiwan-based company involved in the research and development of orthopedic medical equipment and related products, and the sale of related products. It is involved in the research and development of inventive cartilage repair technology and products, adipose stem cell extraction technology, and others. Geographically, the company generates a majority of its revenue from Taiwan, followed by China, Malaysia, and other regions.
73GF Score

Get the complete analysis for ROCO:6733

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

NT$25.35
Price
NT$70.22
GF Value