Radiant Opto-ElectronicsTPE:6176 77 Altman Z2-Score is 4.87 as of Jul. 11, 2026, which is 8% below its 10-year median of 5.29. GuruFocus rates TPE:6176 with a GF Score™ of 77/100 and a GF Value™ of NT$135.29 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,482 Hardware companies, Radiant Opto-Electronics ranks better than 58.22% 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:
Radiant Opto-Electronics has a Altman Z2-Score of 4.87, 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 Radiant Opto-Electronics's Altman Z2-Score or its related term are showing as below:
TPE:6176'
s Altman Z2-Score Range Over the Past 10 Years
Min: 4.23 Med: 5.29 Max: 7.2
Current: 4.87
During the past 13 years, Radiant Opto-Electronics's highest Altman Z2-Score was 7.20. The lowest was 4.23. And the median was 5.29.
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 Electronic Components subindustry, Radiant Opto-Electronics'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.
Radiant Opto-Electronics Altman Z2-Score vs Hardware Industry
For the Hardware industry and Technology sector, Radiant Opto-Electronics's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Radiant Opto-Electronics'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.
Radiant Opto-Electronics (TPE:6176) has a Altman Z2-Score of 4.87 as of Jul. 11, 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 Radiant Opto-Electronics and its competitors. This is near median its historical median of 5.29. Over the past decade, Radiant Opto-Electronics' Altman Z2-Score has ranged from 4.23 to 7.20. According to the industry distribution chart, Radiant Opto-Electronics ranks #1037 out of 2482 companies in the Hardware industry, placing it in the top 41.8%.
Is Radiant Opto-Electronics' Altman Z2-Score too high?
Radiant Opto-Electronics' current Altman Z2-Score of 4.87 is near median its 10-year median of 5.29. Over the past 10 years, this metric has ranged from a low of 4.23 to a high of 7.20. The Hardware industry median Altman Z2-Score is 4.09. Radiant Opto-Electronics' value of 4.87 is 19.1% above this industry median. Based on the distribution chart, Radiant Opto-Electronics ranks #1037 out of 2482 companies in the Hardware industry, which is above the industry midpoint. Overall, Radiant Opto-Electronics has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Radiant Opto-Electronics' Altman Z2-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Radiant Opto-Electronics ranks #1037 out of 2482 companies for Altman Z2-Score. This puts Radiant Opto-Electronics in the upper half of its industry. The industry median Altman Z2-Score is 4.09. Radiant Opto-Electronics' value of 4.87 is 19.1% above this benchmark. Historically, Radiant Opto-Electronics' own Altman Z2-Score has ranged from 4.23 to 7.20 over the past decade. While the company's 10-year median is 5.29 vs. the industry median of 4.09, Radiant Opto-Electronics 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 2,482 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. Radiant Opto-Electronics's current Altman Z2-Score of 4.87 is 19.1% 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 Radiant Opto-Electronics 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. Radiant Opto-Electronics's current Altman Z2-Score is 4.87, which is near median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Radiant Opto-Electronics stock overvalued right now?
Based on GuruFocus' analysis, Radiant Opto-Electronics (TPE:6176) is currently considered Possible Value Trap. The stock's GF Value™ is NT$135.29, compared to a current price of NT$90.60 — trading 33% below its estimated fair value. The current Altman Z2-Score is 4.87, which is near median its 10-year median of 5.29 and 19.1% above the Hardware industry median of 4.09. Radiant Opto-Electronics' overall GF Score™ is 77/100 with 7 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 Radiant Opto-Electronics (TPE:6176), the current Altman Z2-Score is 4.87 as of Jul. 11, 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 Radiant Opto-Electronics (TPE:6176) Overvalued in 2026?
Based on GuruFocus' analysis, Radiant Opto-Electronics stock appears to be undervalued.
The current stock price of NT$90.60 is trading 33% below its estimated GF Value™ of NT$135.29.
GuruFocus considers Radiant Opto-Electronics to be Possible Value Trap.
Key valuation signals for TPE:6176:
Altman Z2-Score: 4.87 (near median its 10-year median of 5.29)
GF Value™: NT$135.29 vs. price of NT$90.60 (33% below fair value)
Industry Position: 19.1% above the Hardware median (#1037 of 2482)
No single metric tells the full story. See the TPE:6176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Radiant Opto-Electronics Corp is a Taiwan-based company that is engaged in designing, manufacturing, assembling, and marketing backlight modules and light guide plates for liquid crystal display panels. The Group has three reportable segments: the domestic, Mainland China, and other operations segments. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting components. The Mainland China segment, which generates key revenue, uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Geographically, the majority of the revenue for the company is generated from Asia, and the rest from Europe and America.
77GF Score
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