Kim Forest Enterprise CoTPE:6645 -0.32%61 Altman Z2-Score is 0.13 as of Jul. 03, 2026, which is 95% below its 10-year median of 2.37. GuruFocus rates TPE:6645 with a GF Score™ of 61/100 and a GF Value™ of NT$24.65 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 210 Medical Diagnostics & Research companies, Kim Forest Enterprise Co ranks worse than 62.38% 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.
Warning Sign:
Kim Forest Enterprise Co has a Altman Z2-Score of 0.13, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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 Kim Forest Enterprise Co's Altman Z2-Score or its related term are showing as below:
TPE:6645'
s Altman Z2-Score Range Over the Past 10 Years
Min: 0.13 Med: 2.37 Max: 5.61
Current: 0.13
During the past 13 years, Kim Forest Enterprise Co's highest Altman Z2-Score was 5.61. The lowest was 0.13. And the median was 2.37.
Kim Forest Enterprise Co (TPE:6645) 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.
TPE:6645 vs TMO, DHR, IDXX: Altman Z2-Score Comparison
For the Diagnostics & Research subindustry, Kim Forest Enterprise 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.
Kim Forest Enterprise Co Altman Z2-Score vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Kim Forest Enterprise Co's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Kim Forest Enterprise Co's Altman Z2-Score falls into.
Kim Forest Enterprise 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.
Kim Forest Enterprise Co (TPE:6645) has a Altman Z2-Score of 0.13 as of Jul. 03, 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 Kim Forest Enterprise Co and its competitors. This is 95% below median its historical median of 2.37. Over the past decade, Kim Forest Enterprise Co's Altman Z2-Score has ranged from 0.13 to 5.61. According to the industry distribution chart, Kim Forest Enterprise Co ranks #131 out of 210 companies in the Medical Diagnostics & Research industry, placing it in the top 62.4%.
Is Kim Forest Enterprise Co's Altman Z2-Score too high?
Kim Forest Enterprise Co's current Altman Z2-Score of 0.13 is 95% below median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 5.61. The Medical Diagnostics & Research industry median Altman Z2-Score is 1.59. Kim Forest Enterprise Co's value of 0.13 is 91.8% below this industry median. Based on the distribution chart, Kim Forest Enterprise Co ranks #131 out of 210 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Kim Forest Enterprise Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kim Forest Enterprise Co's Altman Z2-Score compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Kim Forest Enterprise Co ranks #131 out of 210 companies for Altman Z2-Score. This places Kim Forest Enterprise Co in the lower half of its industry. The industry median Altman Z2-Score is 1.59. Kim Forest Enterprise Co's value of 0.13 is 91.8% below this benchmark. Historically, Kim Forest Enterprise Co's own Altman Z2-Score has ranged from 0.13 to 5.61 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 1.59, Kim Forest Enterprise Co has consistently been below 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 Medical Diagnostics & Research company?
The median Altman Z2-Score among Medical Diagnostics & Research companies is 1.59, based on 210 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. Kim Forest Enterprise Co's current Altman Z2-Score of 0.13 is 91.8% below 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 Kim Forest Enterprise Co and its competitors. For the Medical Diagnostics & Research industry, the median Altman Z2-Score is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kim Forest Enterprise Co's current Altman Z2-Score is 0.13, which is 95% below median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kim Forest Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Kim Forest Enterprise Co (TPE:6645) is currently considered Possible Value Trap. The stock's GF Value™ is NT$24.65, compared to a current price of NT$15.70 — trading 36.3% below its estimated fair value. The current Altman Z2-Score is 0.13, which is 95% below median its 10-year median of 2.37 and 91.8% below the Medical Diagnostics & Research industry median of 1.59. Kim Forest Enterprise Co's overall GF Score™ is 61/100 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 Kim Forest Enterprise Co (TPE:6645), the current Altman Z2-Score is 0.13 as of Jul. 03, 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 Kim Forest Enterprise Co (TPE:6645) Overvalued in 2026?
Based on GuruFocus' analysis, Kim Forest Enterprise Co stock appears to be undervalued.
The current stock price of NT$15.70 is trading 36.3% below its estimated GF Value™ of NT$24.65.
GuruFocus considers Kim Forest Enterprise Co to be Possible Value Trap.
Key valuation signals for TPE:6645:
Altman Z2-Score: 0.13 (95% below median its 10-year median of 2.37)
GF Value™: NT$24.65 vs. price of NT$15.70 (36.3% below fair value)
Industry Position: 91.8% below the Medical Diagnostics & Research median (#131 of 210)
No single metric tells the full story. See the TPE:6645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kim Forest Enterprise Co Ltd is engaged in providing clinical medical information, genetic testing services, and biological information. It manufactures medical equipment and also produces drug products. The company's equipment includes Desktop microcentrifuge, Desktop large capacity centrifuge, Filter-type absorption spectrometer, Multifunctional spectrometer, and many more. Its reportable segments are Biomedical products which generates key revenue, and the Precision medicine segment. Geographically, the company generates a majority of its revenue from Taiwan and the rest from the United States of America.
61GF Score
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