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Basso IndustryTPE:1527 78 Altman Z2-Score is 15.80 as of Jul. 14, 2026, which is 33% above its 10-year median of 11.90. GuruFocus rates TPE:1527 with a GF Score™ of 78/100 and a GF Value™ of NT$35.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,038 Industrial Products companies, Basso Industry ranks better than 96.77% 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:
Basso Industry has a Altman Z2-Score of 15.80, 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 Basso Industry's Altman Z2-Score or its related term are showing as below:
TPE:1527'
s Altman Z2-Score Range Over the Past 10 Years
Min: 1.79 Med: 11.9 Max: 15.88
Current: 15.8
During the past 13 years, Basso Industry's highest Altman Z2-Score was 15.88. The lowest was 1.79. And the median was 11.90.
Basso Industry (TPE:1527) 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.
Altman Z2-Score does not apply to financial companies.
Basso Industry Altman Z2-Score Related Terms
Basso Industry Altman Z2-Score Historical Data
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The historical data trend for Basso Industry'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.
TPE:1527 vs SNA, RBC, LECO: Altman Z2-Score Comparison
For the Tools & Accessories subindustry, Basso Industry'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.
Basso Industry Altman Z2-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Basso Industry's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Basso Industry's Altman Z2-Score falls into.
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.
Basso Industry'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
*
0.5989
+
3.26
*
0.635
+
6.72
*
0.0487
+
1.05
*
9.0232
=
15.80
* 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.
Basso Industry (TPE:1527) has a Altman Z2-Score of 15.80 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 Basso Industry and its competitors. This is 33% above median its historical median of 11.90. Over the past decade, Basso Industry's Altman Z2-Score has ranged from 1.79 to 15.88. According to the industry distribution chart, Basso Industry ranks #98 out of 3038 companies in the Industrial Products industry, placing it in the top 3.2%.
Is Basso Industry's Altman Z2-Score too high?
Basso Industry's current Altman Z2-Score of 15.80 is 33% above median its 10-year median of 11.90. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 15.88. The Industrial Products industry median Altman Z2-Score is 4.28. Basso Industry's value of 15.80 is 269.2% above this industry median. Based on the distribution chart, Basso Industry ranks #98 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Basso Industry has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Basso Industry's Altman Z2-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Basso Industry ranks #98 out of 3038 companies for Altman Z2-Score. This places Basso Industry in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.28. Basso Industry's value of 15.80 is 269.2% above this benchmark. Historically, Basso Industry's own Altman Z2-Score has ranged from 1.79 to 15.88 over the past decade. While the company's 10-year median is 11.90 vs. the industry median of 4.28, Basso Industry 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 an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.28, based on 3,038 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. Basso Industry's current Altman Z2-Score of 15.80 is 269.2% 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 Basso Industry and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Basso Industry's current Altman Z2-Score is 15.80, which is 33% above median its own 10-year median of 11.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Basso Industry stock overvalued right now?
Based on GuruFocus' analysis, Basso Industry (TPE:1527) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.85, compared to a current price of NT$33.95 — trading 5.3% below its estimated fair value. The current Altman Z2-Score is 15.80, which is 33% above median its 10-year median of 11.90 and 269.2% above the Industrial Products industry median of 4.28. Basso Industry's overall GF Score™ is 78/100 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 Basso Industry (TPE:1527), the current Altman Z2-Score is 15.80 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 Basso Industry (TPE:1527) Overvalued in 2026?
Based on GuruFocus' analysis, Basso Industry stock appears to be undervalued.
The current stock price of NT$33.95 is trading 5.3% below its estimated GF Value™ of NT$35.85.
GuruFocus considers Basso Industry to be Fairly Valued.
Key valuation signals for TPE:1527:
Altman Z2-Score: 15.80 (33% above median its 10-year median of 11.90)
GF Value™: NT$35.85 vs. price of NT$33.95 (5.3% below fair value)
Industry Position: 269.2% above the Industrial Products median (#98 of 3038)
No single metric tells the full story. See the TPE:1527 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Basso Industry Corp is a manufacturer of pneumatic fastening tools. The company produces air nailers, air impact wrenches, air ratchet wrenches, air saws, air hammers, air sanders, air drills and screwdrivers, gas nailers, air grinders, and air carton closers. Basso also offers Original Equipment Manufacturing services including design, molding and casting, machining, polishing, painting, and plastic injection services. It has one reportable segment, the pneumatic hand tool. This segment is mainly involved in manufacturing and selling nail machines and pneumatic tools, providing products, and managing relevant skills and marketing strategies. Geographically, the company operates in United States, which derives maximum revenue; Taiwan; Germany; Japan; Finland; and Others.
78GF Score
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