Mercuries & Associates (TPE:2905) Altman Z2-Score

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2905 Mercuries & Associates Ltd TPE:2905
70 GF Score
Price NT$17.45
GF Value NT$15.10
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Mercuries & Associates Altman Z2-Score?

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.

Altman Z2-Score does not apply to banks and insurance companies.

TPE:2905
70GF Score
Mercuries & Associates Ltd TPE:2905
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Mercuries & Associates (TPE:2905) Overvalued in 2026?

Based on GuruFocus' analysis, Mercuries & Associates stock appears to be overvalued. The current stock price of NT$17.45 is trading 15.6% above its estimated GF Value™ of NT$15.10. GuruFocus considers Mercuries & Associates to be Modestly Overvalued.

Key valuation signals for TPE:2905:

  • Altman Z2-Score:
  • GF Value™: NT$15.10 vs. price of NT$17.45 (15.6% above fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the TPE:2905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercuries & Associates Business Description

Address No. 145, Section 2, Chien Kuo North Road, Taipei, TWN
Mercuries & Associates Ltd is mainly engaged in finance and investment. The company is engaged in diversified businesses such as insurance, food and beverage, pharmaceutical, and IT integration. The segment of the company include Life insurance, Retail, Food and beverage, Food, IT service, Pharmaceutical, and Others. The company derives maximum revenue from the Life Insurance segment. Geographically, the company operates in domestic regions only.
70GF Score

Get the complete analysis for TPE:2905

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

NT$17.45
Price
NT$15.10
GF Value