Strong H Machinery Technology Co (TPE:4560) Altman Z2-Score: 9.35 (As of Jul. 02, 2026) — 27% Above Median


TPE:4560 Strong H Machinery Technology Co TPE:4560
85 GF Score
Price NT$34.10
GF Value NT$40.30
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Strong H Machinery Technology Co Altman Z2-Score?

Strong H Machinery Technology Co TPE:4560 +3.18% 85 Altman Z2-Score is 9.35 as of Jul. 02, 2026, which is 27% above its 10-year median of 7.38. GuruFocus rates TPE:4560 with a GF Score™ of 85/100 and a GF Value™ of NT$40.30 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,037 Industrial Products companies, Strong H Machinery Technology Co ranks better than 87.95% 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:

Strong H Machinery Technology Co has a Altman Z2-Score of 9.35, 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 Strong H Machinery Technology Co's Altman Z2-Score or its related term are showing as below:

TPE:4560' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.41   Med: 7.38   Max: 9.35
Current: 9.35

During the past 12 years, Strong H Machinery Technology Co's highest Altman Z2-Score was 9.35. The lowest was 4.41. And the median was 7.38.


Strong H Machinery Technology Co  (TPE:4560) 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.


Strong H Machinery Technology Co Altman Z2-Score Related Terms


Strong H Machinery Technology Co Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Strong H Machinery Technology Co'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.

Strong H Machinery Technology Co Altman Z2-Score Chart

Strong H Machinery Technology Co 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 6.32 7.77 7.42 8.23 9.35

Strong H Machinery Technology Co 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 8.23 9.12 8.38 9.49 9.35

TPE:4560 vs SNA, RBC, LECO: Altman Z2-Score Comparison

For the Tools & Accessories subindustry, Strong H Machinery Technology 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.


Strong H Machinery Technology Co Altman Z2-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Strong H Machinery Technology Co's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Strong H Machinery Technology Co's Altman Z2-Score falls into.


TPE:4560
85GF Score
Strong H Machinery Technology Co TPE:4560
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Strong H Machinery Technology 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.

Strong H Machinery Technology Co'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*0.4925+3.26*0.2919+6.72*0.1118+1.05*4.2101
=9.35

* 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$2,470 Mil.
Total Current Assets was NT$1,668 Mil.
Total Current Liabilities was NT$451 Mil.
Retained Earnings was NT$721 Mil.
Pre-Tax Income was 77.159 + 61.484 + 55.094 + 78.398 = NT$272 Mil.
Interest Expense was -0.816 + -0.842 + -0.903 + -1.397 = NT$-4 Mil.
Total Liabilities was NT$474 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
=(1667.667 - 451.385)/2469.648
=0.4925

X2=Retained Earnings/Total Assets
=720.788/2469.648
=0.2919

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(272.135 - -3.958)/2469.648
=0.1118

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1995.639 - 0)/474.009
=4.2101

The zones of discrimination were as such:

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

Strong H Machinery Technology Co has a Altman Z2-Score of 9.35 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 9.35 mean?
Strong H Machinery Technology Co (TPE:4560) has a Altman Z2-Score of 9.35 as of Jul. 02, 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 Strong H Machinery Technology Co and its competitors. This is 27% above median its historical median of 7.38. Over the past decade, Strong H Machinery Technology Co's Altman Z2-Score has ranged from 4.41 to 9.35. According to the industry distribution chart, Strong H Machinery Technology Co ranks #366 out of 3037 companies in the Industrial Products industry, placing it in the top 12.1%.
Is Strong H Machinery Technology Co's Altman Z2-Score too high?
Strong H Machinery Technology Co's current Altman Z2-Score of 9.35 is 27% above median its 10-year median of 7.38. Over the past 10 years, this metric has ranged from a low of 4.41 to a high of 9.35. The Industrial Products industry median Altman Z2-Score is 4.28. Strong H Machinery Technology Co's value of 9.35 is 118.5% above this industry median. Based on the distribution chart, Strong H Machinery Technology Co ranks #366 out of 3037 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Strong H Machinery Technology Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Strong H Machinery Technology Co's Altman Z2-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Strong H Machinery Technology Co ranks #366 out of 3037 companies for Altman Z2-Score. This places Strong H Machinery Technology Co in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.28. Strong H Machinery Technology Co's value of 9.35 is 118.5% above this benchmark. Historically, Strong H Machinery Technology Co's own Altman Z2-Score has ranged from 4.41 to 9.35 over the past decade. While the company's 10-year median is 7.38 vs. the industry median of 4.28, Strong H Machinery Technology 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 3,037 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. Strong H Machinery Technology Co's current Altman Z2-Score of 9.35 is 118.5% 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 Strong H Machinery Technology 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. Strong H Machinery Technology Co's current Altman Z2-Score is 9.35, which is 27% above median its own 10-year median of 7.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strong H Machinery Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Strong H Machinery Technology Co (TPE:4560) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$40.30, compared to a current price of NT$34.10 — trading 15.4% below its estimated fair value. The current Altman Z2-Score is 9.35, which is 27% above median its 10-year median of 7.38 and 118.5% above the Industrial Products industry median of 4.28. Strong H Machinery Technology Co's overall GF Score™ is 85/100 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 Strong H Machinery Technology Co (TPE:4560), the current Altman Z2-Score is 9.35 as of Jul. 02, 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 Strong H Machinery Technology Co (TPE:4560) Overvalued in 2026?

Based on GuruFocus' analysis, Strong H Machinery Technology Co stock appears to be undervalued. The current stock price of NT$34.10 is trading 15.4% below its estimated GF Value™ of NT$40.30. GuruFocus considers Strong H Machinery Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:4560:

  • Altman Z2-Score: 9.35 (27% above median its 10-year median of 7.38)
  • GF Value™: NT$40.30 vs. price of NT$34.10 (15.4% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 118.5% above the Industrial Products median (#366 of 3037)

No single metric tells the full story. See the TPE:4560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Strong H Machinery Technology Co Business Description

Address No. 1699, open road, Development zone, Shandong Province, Laizhou City, CHN
Strong H Machinery Technology Co is a professional precision machining manufacturer. The company mainly produces and sells industrial sewing machine parts for assembly by machine manufacturers and repair by end users. It offers various types of industrial sewing machine knives to customers, including needle plates, teeth, presser feet, and needle embroidery machine knives. Its products include industrial sewing machine knives, straight knives, round knives, gauge sets, needle plate shear lines, and computerized embroidery machine parts. The Group's only reportable segment is the sewing machine spare parts segment, as the Group's main activities are manufacturing and selling sewing machine spare parts. The company operates in China and Taiwan, with the majority of revenue coming from China.
85GF Score

Get the complete analysis for TPE:4560

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

NT$34.10
Price
NT$40.30
GF Value