World Known MFG (Cayman) (TPE:4581) Altman Z2-Score: 5.48 (As of Jul. 09, 2026) — Near Median


TPE:4581 World Known MFG (Cayman) Ltd TPE:4581
86 GF Score
Price NT$50.50
GF Value NT$42.62
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is World Known MFG (Cayman) Altman Z2-Score?

World Known MFG (Cayman) TPE:4581 86 Altman Z2-Score is 5.48 as of Jul. 09, 2026, which is 3% above its 10-year median of 5.33. GuruFocus rates TPE:4581 with a GF Score™ of 86/100 and a GF Value™ of NT$42.62 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,320 Vehicles & Parts companies, World Known MFG (Cayman) ranks better than 74.7% 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:

World Known MFG (Cayman) has a Altman Z2-Score of 5.48, 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 World Known MFG (Cayman)'s Altman Z2-Score or its related term are showing as below:

TPE:4581' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.49   Med: 5.33   Max: 5.84
Current: 5.48

During the past 9 years, World Known MFG (Cayman)'s highest Altman Z2-Score was 5.84. The lowest was 4.49. And the median was 5.33.


World Known MFG (Cayman)  (TPE:4581) 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.


World Known MFG (Cayman) Altman Z2-Score Related Terms


World Known MFG (Cayman) Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for World Known MFG (Cayman)'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.

World Known MFG (Cayman) Altman Z2-Score Chart

World Known MFG (Cayman) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only 4.58 5.20 5.46 5.84 5.48

World Known MFG (Cayman) 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 5.84 5.81 5.17 5.65 5.48

TPE:4581 vs ORLY, AZO: Altman Z2-Score Comparison

For the Auto Parts subindustry, World Known MFG (Cayman)'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.


World Known MFG (Cayman) Altman Z2-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, World Known MFG (Cayman)'s Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where World Known MFG (Cayman)'s Altman Z2-Score falls into.


TPE:4581
86GF Score
World Known MFG (Cayman) Ltd TPE:4581
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

World Known MFG (Cayman) 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.

World Known MFG (Cayman)'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*0.49+3.26*0.2077+6.72*0.0842+1.05*0.9766
=5.48

* 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$2,488 Mil.
Total Current Assets was NT$1,750 Mil.
Total Current Liabilities was NT$531 Mil.
Retained Earnings was NT$517 Mil.
Pre-Tax Income was 31.546 + 51.11 + 51.468 + 62.791 = NT$197 Mil.
Interest Expense was -5.123 + -3.889 + -1.898 + -1.596 = NT$-13 Mil.
Total Liabilities was NT$1,258 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
=(1750.168 - 531.193)/2487.858
=0.49

X2=Retained Earnings/Total Assets
=516.813/2487.858
=0.2077

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(196.915 - -12.506)/2487.858
=0.0842

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1228.295 - 0)/1257.765
=0.9766

The zones of discrimination were as such:

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

World Known MFG (Cayman) has a Altman Z2-Score of 5.48 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 5.48 mean?
World Known MFG (Cayman) (TPE:4581) has a Altman Z2-Score of 5.48 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 World Known MFG (Cayman) and its competitors. This is near median its historical median of 5.33. Over the past decade, World Known MFG (Cayman)'s Altman Z2-Score has ranged from 4.49 to 5.84. According to the industry distribution chart, World Known MFG (Cayman) ranks #334 out of 1320 companies in the Vehicles & Parts industry, placing it in the top 25.3%.
Is World Known MFG (Cayman)'s Altman Z2-Score too high?
World Known MFG (Cayman)'s current Altman Z2-Score of 5.48 is near median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 5.84. The Vehicles & Parts industry median Altman Z2-Score is 3.01. World Known MFG (Cayman)'s value of 5.48 is 82.4% above this industry median. Based on the distribution chart, World Known MFG (Cayman) ranks #334 out of 1320 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, World Known MFG (Cayman) has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does World Known MFG (Cayman)'s Altman Z2-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, World Known MFG (Cayman) ranks #334 out of 1320 companies for Altman Z2-Score. This puts World Known MFG (Cayman) in the upper half of its industry. The industry median Altman Z2-Score is 3.01. World Known MFG (Cayman)'s value of 5.48 is 82.4% above this benchmark. Historically, World Known MFG (Cayman)'s own Altman Z2-Score has ranged from 4.49 to 5.84 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 3.01, World Known MFG (Cayman) 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 Vehicles & Parts company?
The median Altman Z2-Score among Vehicles & Parts companies is 3.01, based on 1,320 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. World Known MFG (Cayman)'s current Altman Z2-Score of 5.48 is 82.4% 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 World Known MFG (Cayman) and its competitors. For the Vehicles & Parts industry, the median Altman Z2-Score is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Known MFG (Cayman)'s current Altman Z2-Score is 5.48, which is near median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Known MFG (Cayman) stock overvalued right now?
Based on GuruFocus' analysis, World Known MFG (Cayman) (TPE:4581) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$42.62, compared to a current price of NT$50.50 — trading 18.5% above its estimated fair value. The current Altman Z2-Score is 5.48, which is near median its 10-year median of 5.33 and 82.4% above the Vehicles & Parts industry median of 3.01. World Known MFG (Cayman)'s overall GF Score™ is 86/100 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 World Known MFG (Cayman) (TPE:4581), the current Altman Z2-Score is 5.48 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 World Known MFG (Cayman) (TPE:4581) Overvalued in 2026?

Based on GuruFocus' analysis, World Known MFG (Cayman) stock appears to be overvalued. The current stock price of NT$50.50 is trading 18.5% above its estimated GF Value™ of NT$42.62. GuruFocus considers World Known MFG (Cayman) to be Modestly Overvalued.

Key valuation signals for TPE:4581:

  • Altman Z2-Score: 5.48 (near median its 10-year median of 5.33)
  • GF Value™: NT$42.62 vs. price of NT$50.50 (18.5% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 82.4% above the Vehicles & Parts median (#334 of 1320)

No single metric tells the full story. See the TPE:4581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


World Known MFG (Cayman) Business Description

Address Oleander Way, 802 West Bay Road, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KYI-1208
World Known MFG (Cayman) Ltd is involved in the manufacturing and selling the energy-saving and carbon-reducing parts of commercial vehicle engines, ADB calipers, rear panels of brake pads, bend pipes and accessories of turbocharger, cases of flywheels, cases of swing arms, exhaust manifolds, braces, core shafts, parts for braking system of wind power generator and processed products of machinery parts for various industries. The majority of the revenue is generated from the sale of Automotive parts. The company's geographical segments include America, Asia, and other countries. The company's segment consists of the precision casting processing department, offering products and managing related technologies and marketing strategies.
86GF Score

Get the complete analysis for TPE:4581

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

NT$50.50
Price
NT$42.62
GF Value