Galaxy Software Services (ROCO:6752) Altman Z2-Score: 2.23 (As of Jul. 06, 2026) — 14% Below Median


ROCO:6752 Galaxy Software Services Corp ROCO:6752
90 GF Score
Price NT$103.50
GF Value NT$144.35
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Galaxy Software Services Altman Z2-Score?

Galaxy Software Services ROCO:6752 +2.48% 90 Altman Z2-Score is 2.23 as of Jul. 06, 2026, which is 14% below its 10-year median of 2.59. GuruFocus rates ROCO:6752 with a GF Score™ of 90/100 and a GF Value™ of NT$144.35 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,823 Software companies, Galaxy Software Services ranks worse than 58.02% 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.

Galaxy Software Services has a Altman Z2-Score of 2.23, indicating it is in Grey Zones. This implies that Galaxy Software Services 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 Galaxy Software Services's Altman Z2-Score or its related term are showing as below:

ROCO:6752' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.23   Med: 2.59   Max: 4.53
Current: 2.23

During the past 10 years, Galaxy Software Services's highest Altman Z2-Score was 4.53. The lowest was 2.23. And the median was 2.59.


Galaxy Software Services  (ROCO:6752) 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.


Galaxy Software Services Altman Z2-Score Related Terms


Galaxy Software Services Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Galaxy Software Services'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.

Galaxy Software Services Altman Z2-Score Chart

Galaxy Software Services 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 2.36 2.43 2.75 3.01 2.23

Galaxy Software Services 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 3.01 2.68 3.30 3.11 2.23

ROCO:6752 vs MSFT, ORCL, PLTR: Altman Z2-Score Comparison

For the Software - Infrastructure subindustry, Galaxy Software Services'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.


Galaxy Software Services Altman Z2-Score vs Software Industry

For the Software industry and Technology sector, Galaxy Software Services's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Galaxy Software Services's Altman Z2-Score falls into.


ROCO:6752
90GF Score
Galaxy Software Services Corp ROCO:6752
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Galaxy Software Services 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.

Galaxy Software Services'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*-0.0011+3.26*0.2185+6.72*0.1028+1.05*0.7935
=2.23

* 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$3,176 Mil.
Total Current Assets was NT$1,570 Mil.
Total Current Liabilities was NT$1,573 Mil.
Retained Earnings was NT$694 Mil.
Pre-Tax Income was 96.768 + 64.682 + 102.621 + 58.157 = NT$322 Mil.
Interest Expense was -1.016 + -1.04 + -1.08 + -1.116 = NT$-4 Mil.
Total Liabilities was NT$1,761 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
=(1569.828 - 1573.217)/3175.523
=-0.0011

X2=Retained Earnings/Total Assets
=693.831/3175.523
=0.2185

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(322.228 - -4.252)/3175.523
=0.1028

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1397.352 - 0)/1760.892
=0.7935

The zones of discrimination were as such:

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

Galaxy Software Services has a Altman Z2-Score of 2.23 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.23 mean?
Galaxy Software Services (ROCO:6752) has a Altman Z2-Score of 2.23 as of Jul. 06, 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 Galaxy Software Services and its competitors. This is 14% below median its historical median of 2.59. Over the past decade, Galaxy Software Services' Altman Z2-Score has ranged from 2.23 to 4.53. According to the industry distribution chart, Galaxy Software Services ranks #1638 out of 2823 companies in the Software industry, placing it in the top 58%.
Is Galaxy Software Services' Altman Z2-Score too high?
Galaxy Software Services' current Altman Z2-Score of 2.23 is 14% below median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 4.53. The Software industry median Altman Z2-Score is 3.08. Galaxy Software Services' value of 2.23 is 27.6% below this industry median. Based on the distribution chart, Galaxy Software Services ranks #1638 out of 2823 companies in the Software industry, which is below the industry midpoint. Overall, Galaxy Software Services has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Galaxy Software Services' Altman Z2-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Galaxy Software Services ranks #1638 out of 2823 companies for Altman Z2-Score. This places Galaxy Software Services in the lower half of its industry. The industry median Altman Z2-Score is 3.08. Galaxy Software Services' value of 2.23 is 27.6% below this benchmark. Historically, Galaxy Software Services' own Altman Z2-Score has ranged from 2.23 to 4.53 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 3.08, Galaxy Software Services has consistently been below 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 Software company?
The median Altman Z2-Score among Software companies is 3.08, based on 2,823 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. Galaxy Software Services's current Altman Z2-Score of 2.23 is 27.6% below 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 Galaxy Software Services and its competitors. For the Software industry, the median Altman Z2-Score is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Software Services's current Altman Z2-Score is 2.23, which is 14% below 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 Galaxy Software Services stock overvalued right now?
Based on GuruFocus' analysis, Galaxy Software Services (ROCO:6752) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$144.35, compared to a current price of NT$103.50 — trading 28.3% below its estimated fair value. The current Altman Z2-Score is 2.23, which is 14% below median its 10-year median of 2.59 and 27.6% below the Software industry median of 3.08. Galaxy Software Services' overall GF Score™ is 90/100 with 2 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 Galaxy Software Services (ROCO:6752), the current Altman Z2-Score is 2.23 as of Jul. 06, 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 Galaxy Software Services (ROCO:6752) Overvalued in 2026?

Based on GuruFocus' analysis, Galaxy Software Services stock appears to be undervalued. The current stock price of NT$103.50 is trading 28.3% below its estimated GF Value™ of NT$144.35. GuruFocus considers Galaxy Software Services to be Modestly Undervalued.

Key valuation signals for ROCO:6752:

  • Altman Z2-Score: 2.23 (14% below median its 10-year median of 2.59)
  • GF Value™: NT$144.35 vs. price of NT$103.50 (28.3% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 27.6% below the Software median (#1638 of 2823)

No single metric tells the full story. See the ROCO:6752 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Galaxy Software Services Business Description

Address No. 9 Dehui Street, 5th Floor, Zhongshan District, Taipei, TWN, 10461
Galaxy Software Services Corp is a provider of regional information software and cloud SaaS services. It is engaged in the trading of software products, software information consulting services, and the design, development, and trading of its own software products. Geographically, the company generates a majority of its revenue from Taiwan followed by China and other regions.
90GF Score

Get the complete analysis for ROCO:6752

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

NT$103.50
Price
NT$144.35
GF Value