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Transcend InformationTPE:2451 -2.17%82 Altman Z2-Score is 14.76 as of Jul. 17, 2026, which is 7% below its 10-year median of 15.81. GuruFocus rates TPE:2451 with a GF Score™ of 82/100 and a GF Value™ of NT$162.42 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,484 Hardware companies, Transcend Information ranks better than 95.49% 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:
Transcend Information has a Altman Z2-Score of 14.76, 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 Transcend Information's Altman Z2-Score or its related term are showing as below:
TPE:2451'
s Altman Z2-Score Range Over the Past 10 Years
Min: 12.42 Med: 15.81 Max: 19.17
Current: 14.76
During the past 13 years, Transcend Information's highest Altman Z2-Score was 19.17. The lowest was 12.42. And the median was 15.81.
Transcend Information (TPE:2451) 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.
Transcend Information Altman Z2-Score Related Terms
Transcend Information Altman Z2-Score Historical Data
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The historical data trend for Transcend Information'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:2451 vs SNDK, DELL, STX: Altman Z2-Score Comparison
For the Computer Hardware subindustry, Transcend Information'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.
Transcend Information Altman Z2-Score vs Hardware Industry
For the Hardware industry and Technology sector, Transcend Information's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Transcend Information'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.
* 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.
Transcend Information (TPE:2451) has a Altman Z2-Score of 14.76 as of Jul. 17, 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 Transcend Information and its competitors. This is near median its historical median of 15.81. Over the past decade, Transcend Information's Altman Z2-Score has ranged from 12.42 to 19.17. According to the industry distribution chart, Transcend Information ranks #112 out of 2484 companies in the Hardware industry, placing it in the top 4.5%.
Is Transcend Information's Altman Z2-Score too high?
Transcend Information's current Altman Z2-Score of 14.76 is near median its 10-year median of 15.81. Over the past 10 years, this metric has ranged from a low of 12.42 to a high of 19.17. The Hardware industry median Altman Z2-Score is 4.09. Transcend Information's value of 14.76 is 261.3% above this industry median. Based on the distribution chart, Transcend Information ranks #112 out of 2484 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Transcend Information has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transcend Information's Altman Z2-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Transcend Information ranks #112 out of 2484 companies for Altman Z2-Score. This places Transcend Information in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.09. Transcend Information's value of 14.76 is 261.3% above this benchmark. Historically, Transcend Information's own Altman Z2-Score has ranged from 12.42 to 19.17 over the past decade. While the company's 10-year median is 15.81 vs. the industry median of 4.09, Transcend Information 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 Hardware company?
The median Altman Z2-Score among Hardware companies is 4.09, based on 2,484 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. Transcend Information's current Altman Z2-Score of 14.76 is 261.3% 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 Transcend Information and its competitors. For the Hardware industry, the median Altman Z2-Score is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcend Information's current Altman Z2-Score is 14.76, which is near median its own 10-year median of 15.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcend Information stock overvalued right now?
Based on GuruFocus' analysis, Transcend Information (TPE:2451) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$162.42, compared to a current price of NT$247.50 — trading 52.4% above its estimated fair value. The current Altman Z2-Score is 14.76, which is near median its 10-year median of 15.81 and 261.3% above the Hardware industry median of 4.09. Transcend Information's overall GF Score™ is 82/100 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 Transcend Information (TPE:2451), the current Altman Z2-Score is 14.76 as of Jul. 17, 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 Transcend Information (TPE:2451) Overvalued in 2026?
Based on GuruFocus' analysis, Transcend Information stock appears to be overvalued.
The current stock price of NT$247.50 is trading 52.4% above its estimated GF Value™ of NT$162.42.
GuruFocus considers Transcend Information to be Significantly Overvalued.
Key valuation signals for TPE:2451:
Altman Z2-Score: 14.76 (near median its 10-year median of 15.81)
GF Value™: NT$162.42 vs. price of NT$247.50 (52.4% above fair value)
Industry Position: 261.3% above the Hardware median (#112 of 2484)
No single metric tells the full story. See the TPE:2451 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transcend Information Inc is engaged in manufacturing, processing and sales of computer software and hardware, peripheral equipment and other computer components. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The company generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.
82GF Score
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