Ubiqconn Technology (TPE:6928) Altman Z2-Score: 7.56 (As of Jul. 02, 2026) — 60% Above Median


TPE:6928 Ubiqconn Technology Inc TPE:6928
51 GF Score
Price NT$53.30
GF Value NT$39.05
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Ubiqconn Technology Altman Z2-Score?

Ubiqconn Technology TPE:6928 -2.20% 51 Altman Z2-Score is 7.56 as of Jul. 02, 2026, which is 60% above its 10-year median of 4.72. GuruFocus rates TPE:6928 with a GF Score™ of 51/100 and a GF Value™ of NT$39.05 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,481 Hardware companies, Ubiqconn Technology ranks better than 78.84% 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:

Ubiqconn Technology has a Altman Z2-Score of 7.56, 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 Ubiqconn Technology's Altman Z2-Score or its related term are showing as below:

TPE:6928' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.64   Med: 4.72   Max: 8.24
Current: 7.56

During the past 7 years, Ubiqconn Technology's highest Altman Z2-Score was 8.24. The lowest was -0.64. And the median was 4.72.


Ubiqconn Technology  (TPE:6928) 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.


Ubiqconn Technology Altman Z2-Score Related Terms


Ubiqconn Technology Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Ubiqconn Technology'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.

Ubiqconn Technology Altman Z2-Score Chart

Ubiqconn Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 1.88 4.72 6.78 8.24 7.56

Ubiqconn Technology Quarterly Data
Dec19 Dec20 Dec21 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 8.24 8.28 7.91 7.51 7.56

TPE:6928 vs SNDK, DELL, STX: Altman Z2-Score Comparison

For the Computer Hardware subindustry, Ubiqconn Technology'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.


Ubiqconn Technology Altman Z2-Score vs Hardware Industry

For the Hardware industry and Technology sector, Ubiqconn Technology's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Ubiqconn Technology's Altman Z2-Score falls into.


TPE:6928
51GF Score
Ubiqconn Technology Inc TPE:6928
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ubiqconn Technology 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.

Ubiqconn Technology'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*0.6458+3.26*0.0055+6.72*-0.0283+1.05*3.3327
=7.56

* 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$2,649 Mil.
Total Current Assets was NT$2,250 Mil.
Total Current Liabilities was NT$539 Mil.
Retained Earnings was NT$14 Mil.
Pre-Tax Income was -73.115 + -22.996 + -8.805 + 27.205 = NT$-78 Mil.
Interest Expense was -0.765 + -0.84 + -0.555 + -0.518 = NT$-3 Mil.
Total Liabilities was NT$611 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
=(2249.795 - 538.806)/2649.398
=0.6458

X2=Retained Earnings/Total Assets
=14.496/2649.398
=0.0055

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-77.711 - -2.678)/2649.398
=-0.0283

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2037.911 - 0)/611.487
=3.3327

The zones of discrimination were as such:

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

Ubiqconn Technology has a Altman Z2-Score of 7.56 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.56 mean?
Ubiqconn Technology (TPE:6928) has a Altman Z2-Score of 7.56 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 Ubiqconn Technology and its competitors. This is 60% above median its historical median of 4.72. According to the industry distribution chart, Ubiqconn Technology ranks #525 out of 2481 companies in the Hardware industry, placing it in the top 21.2%.
Is Ubiqconn Technology's Altman Z2-Score too high?
Ubiqconn Technology's current Altman Z2-Score of 7.56 is 60% above median its 10-year median of 4.72. The Hardware industry median Altman Z2-Score is 4.09. Ubiqconn Technology's value of 7.56 is 84.8% above this industry median. Based on the distribution chart, Ubiqconn Technology ranks #525 out of 2481 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Ubiqconn Technology has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ubiqconn Technology's Altman Z2-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Ubiqconn Technology ranks #525 out of 2481 companies for Altman Z2-Score. This places Ubiqconn Technology in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.09. Ubiqconn Technology's value of 7.56 is 84.8% above this benchmark. While the company's 10-year median is 4.72 vs. the industry median of 4.09, Ubiqconn Technology 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 2,481 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. Ubiqconn Technology's current Altman Z2-Score of 7.56 is 84.8% 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 Ubiqconn Technology 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. Ubiqconn Technology's current Altman Z2-Score is 7.56, which is 60% above median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubiqconn Technology stock overvalued right now?
Based on GuruFocus' analysis, Ubiqconn Technology (TPE:6928) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$39.05, compared to a current price of NT$53.30 — trading 36.5% above its estimated fair value. The current Altman Z2-Score is 7.56, which is 60% above median its 10-year median of 4.72 and 84.8% above the Hardware industry median of 4.09. Ubiqconn Technology's overall GF Score™ is 51/100 with 1 warning sign 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 Ubiqconn Technology (TPE:6928), the current Altman Z2-Score is 7.56 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 Ubiqconn Technology (TPE:6928) Overvalued in 2026?

Based on GuruFocus' analysis, Ubiqconn Technology stock appears to be overvalued. The current stock price of NT$53.30 is trading 36.5% above its estimated GF Value™ of NT$39.05. GuruFocus considers Ubiqconn Technology to be Significantly Overvalued.

Key valuation signals for TPE:6928:

  • Altman Z2-Score: 7.56 (60% above median its 10-year median of 4.72)
  • GF Value™: NT$39.05 vs. price of NT$53.30 (36.5% above fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 84.8% above the Hardware median (#525 of 2481)

No single metric tells the full story. See the TPE:6928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ubiqconn Technology Business Description

Address No.300, Yangguang Street, 4th Floor, Neihu District, Taipei City, TWN, 11491
Ubiqconn Technology Inc is predominantly engaged in the manufacturing and trading of industrial computers, in-vehicle products, electronic components, and peripheral equipment. Geographically, the company generates a majority of its revenue from the United States, Netherlands, Brazil, Taiwan, Australia, and other regions.
51GF Score

Get the complete analysis for TPE:6928

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

NT$53.30
Price
NT$39.05
GF Value