Tai Twun Enterprises CoTPE:3432 -1.90%72 Altman Z2-Score is 5.90 as of Jul. 09, 2026, which is 43% below its 10-year median of 10.32. GuruFocus rates TPE:3432 with a GF Score™ of 72/100 and a GF Value™ of NT$143.67 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 3,038 Industrial Products companies, Tai Twun Enterprises Co ranks better than 67.22% 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:
Tai Twun Enterprises Co has a Altman Z2-Score of 5.90, 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 Tai Twun Enterprises Co's Altman Z2-Score or its related term are showing as below:
TPE:3432'
s Altman Z2-Score Range Over the Past 10 Years
Min: -11.48 Med: 10.32 Max: 43.44
Current: 5.9
During the past 13 years, Tai Twun Enterprises Co's highest Altman Z2-Score was 43.44. The lowest was -11.48. And the median was 10.32.
Tai Twun Enterprises Co (TPE:3432) 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.
* 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.
For the Electrical Equipment & Parts subindustry, Tai Twun Enterprises 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.
Tai Twun Enterprises Co Altman Z2-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tai Twun Enterprises Co's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Tai Twun Enterprises Co's Altman Z2-Score falls into.
Tai Twun Enterprises 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.
* 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.
Tai Twun Enterprises Co (TPE:3432) has a Altman Z2-Score of 5.90 as of Jul. 09, 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 Tai Twun Enterprises Co and its competitors. This is 43% below median its historical median of 10.32. According to the industry distribution chart, Tai Twun Enterprises Co ranks #996 out of 3038 companies in the Industrial Products industry, placing it in the top 32.8%.
Is Tai Twun Enterprises Co's Altman Z2-Score too high?
Tai Twun Enterprises Co's current Altman Z2-Score of 5.90 is 43% below median its 10-year median of 10.32. The Industrial Products industry median Altman Z2-Score is 4.28. Tai Twun Enterprises Co's value of 5.90 is 37.9% above this industry median. Based on the distribution chart, Tai Twun Enterprises Co ranks #996 out of 3038 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tai Twun Enterprises Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tai Twun Enterprises Co's Altman Z2-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tai Twun Enterprises Co ranks #996 out of 3038 companies for Altman Z2-Score. This puts Tai Twun Enterprises Co in the upper half of its industry. The industry median Altman Z2-Score is 4.28. Tai Twun Enterprises Co's value of 5.90 is 37.9% above this benchmark. While the company's 10-year median is 10.32 vs. the industry median of 4.28, Tai Twun Enterprises Co 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. Tai Twun Enterprises Co's current Altman Z2-Score of 5.90 is 37.9% 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 Tai Twun Enterprises Co 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. Tai Twun Enterprises Co's current Altman Z2-Score is 5.90, which is 43% below median its own 10-year median of 10.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tai Twun Enterprises Co stock overvalued right now?
Based on GuruFocus' analysis, Tai Twun Enterprises Co (TPE:3432) is currently considered Possible Value Trap. The stock's GF Value™ is NT$143.67, compared to a current price of NT$18.05 — trading 87.4% below its estimated fair value. The current Altman Z2-Score is 5.90, which is 43% below median its 10-year median of 10.32 and 37.9% above the Industrial Products industry median of 4.28. Tai Twun Enterprises Co's overall GF Score™ is 72/100 with 6 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 Tai Twun Enterprises Co (TPE:3432), the current Altman Z2-Score is 5.90 as of Jul. 09, 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 Tai Twun Enterprises Co (TPE:3432) Overvalued in 2026?
Based on GuruFocus' analysis, Tai Twun Enterprises Co stock appears to be undervalued.
The current stock price of NT$18.05 is trading 87.4% below its estimated GF Value™ of NT$143.67.
GuruFocus considers Tai Twun Enterprises Co to be Possible Value Trap.
Key valuation signals for TPE:3432:
Altman Z2-Score: 5.90 (43% below median its 10-year median of 10.32)
GF Value™: NT$143.67 vs. price of NT$18.05 (87.4% below fair value)
Industry Position: 37.9% above the Industrial Products median (#996 of 3038)
No single metric tells the full story. See the TPE:3432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tai Twun Enterprises Co Ltd is engaged in the production and marketing of electronic components. The Group's reportable operating segments are classified based on products. The electronic component segment is engaged in the manufacture and sales of electronic and communications terminals, connectors, and other components. The electric two-wheel vehicle segment is engaged in the sales of mini electric two-wheel vehicles, electric bicycles, and electric scooters. Its geographic areas are Taiwan and China.
72GF Score
Get the complete analysis for TPE:3432
Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:3432 has been successfully added to your 
