Delton Technology (Guangzhou) (FRA:VT4) Altman Z-Score: 15.06 (As of Jun. 26, 2026) — 108% Above Median


FRA:VT4 Delton Technology (Guangzhou) Inc FRA:VT4
53 GF Score
Price €17.32
! 8 Warning Signs
View Full Analysis

What is Delton Technology (Guangzhou) Altman Z-Score?

Delton Technology (Guangzhou) FRA:VT4 53 Altman Z-Score is 15.06 as of Jun. 26, 2026, which is 108% above its 10-year median of 7.24. GuruFocus rates FRA:VT4 with a GF Score™ of 53/100. The stock has 8 warning signs investors should review. Among 2,456 Hardware companies, Delton Technology (Guangzhou) ranks better than 89.41% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 15.96 is strong.

Delton Technology (Guangzhou) has a Altman Z-Score of 15.06, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Delton Technology (Guangzhou)'s Altman Z-Score or its related term are showing as below:

FRA:VT4' s Altman Z-Score Range Over the Past 10 Years
Min: 6.43   Med: 7.24   Max: 15.96
Current: 15.96

During the past 9 years, Delton Technology (Guangzhou)'s highest Altman Z-Score was 15.96. The lowest was 6.43. And the median was 7.24.


Delton Technology (Guangzhou)  (FRA:VT4) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Delton Technology (Guangzhou) Altman Z-Score Related Terms


Delton Technology (Guangzhou) Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Delton Technology (Guangzhou)'s Altman Z-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.

Delton Technology (Guangzhou) Altman Z-Score Chart

Delton Technology (Guangzhou) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 6.46 7.57

Delton Technology (Guangzhou) Quarterly Data
Jun20 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 7.14 6.87 8.21 7.57 9.27

FRA:VT4 vs APH, GLW, TEL: Altman Z-Score Comparison

For the Electronic Components subindustry, Delton Technology (Guangzhou)'s Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Delton Technology (Guangzhou) Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Delton Technology (Guangzhou)'s Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Delton Technology (Guangzhou)'s Altman Z-Score falls into.


FRA:VT4
53GF Score
Delton Technology (Guangzhou) Inc FRA:VT4
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delton Technology (Guangzhou) Altman Z-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.

Delton Technology (Guangzhou)'s Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.2729+1.4*0.2062+3.3*0.1122+0.6*22.5676+1.0*0.5324
=15.06

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was €1,440.4 Mil.
Total Current Assets was €851.8 Mil.
Total Current Liabilities was €458.8 Mil.
Retained Earnings was €297.0 Mil.
Pre-Tax Income was 55.982 + 38.004 + 31.075 + 34.58 = €159.6 Mil.
Interest Expense was -0.548 + -0.255 + -0.701 + -0.518 = €-2.0 Mil.
Revenue was 240.215 + 200.095 + 168.687 + 157.907 = €766.9 Mil.
Market Cap (Today) was €12,088.5 Mil.
Total Liabilities was €535.7 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
=(851.831 - 458.783)/1440.395
=0.2729

X2=Retained Earnings/Total Assets
=296.959/1440.395
=0.2062

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(159.641 - -2.022)/1440.395
=0.1122

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=12088.534/535.659
=22.5676

X5=Revenue/Total Assets
=766.904/1440.395
=0.5324

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Delton Technology (Guangzhou) has a Altman Z-Score of 15.06 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 15.06 mean?
Delton Technology (Guangzhou) (FRA:VT4) has a Altman Z-Score of 15.06 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Delton Technology (Guangzhou) and its competitors. This is 108% above median its historical median of 7.24. Over the past decade, Delton Technology (Guangzhou)'s Altman Z-Score has ranged from 6.43 to 15.96. According to the industry distribution chart, Delton Technology (Guangzhou) ranks #260 out of 2456 companies in the Hardware industry, placing it in the top 10.6%.
Is Delton Technology (Guangzhou)'s Altman Z-Score too high?
Delton Technology (Guangzhou)'s current Altman Z-Score of 15.06 is 108% above median its 10-year median of 7.24. Over the past 10 years, this metric has ranged from a low of 6.43 to a high of 15.96. The Hardware industry median Altman Z-Score is 3.69. Delton Technology (Guangzhou)'s value of 15.06 is 308.1% above this industry median. Based on the distribution chart, Delton Technology (Guangzhou) ranks #260 out of 2456 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Delton Technology (Guangzhou) has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Delton Technology (Guangzhou)'s Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Delton Technology (Guangzhou) ranks #260 out of 2456 companies for Altman Z-Score. This places Delton Technology (Guangzhou) in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.69. Delton Technology (Guangzhou)'s value of 15.06 is 308.1% above this benchmark. Historically, Delton Technology (Guangzhou)'s own Altman Z-Score has ranged from 6.43 to 15.96 over the past decade. While the company's 10-year median is 7.24 vs. the industry median of 3.69, Delton Technology (Guangzhou) 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 Z-Score for a Hardware company?
The median Altman Z-Score among Hardware companies is 3.69, based on 2,456 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delton Technology (Guangzhou)'s current Altman Z-Score of 15.06 is 308.1% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Delton Technology (Guangzhou) and its competitors. For the Hardware industry, the median Altman Z-Score is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delton Technology (Guangzhou)'s current Altman Z-Score is 15.06, which is 108% above median its own 10-year median of 7.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delton Technology (Guangzhou) stock overvalued right now?
Delton Technology (Guangzhou) (FRA:VT4) has a current Altman Z-Score of 15.06. The current Altman Z-Score is 15.06, which is 108% above median its 10-year median of 7.24 and 308.1% above the Hardware industry median of 3.69. Delton Technology (Guangzhou)'s overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Delton Technology (Guangzhou) (FRA:VT4), the current Altman Z-Score is 15.06 as of Jun. 26, 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.

Delton Technology (Guangzhou) Business Description

Other Exchanges 01989:Hong Kong001389:China
Address No. 22 Baoying South Road, Bonded Zone, Guangdong Province, Guangzhou, CHN, 510730
Delton Technology (Guangzhou) Inc is engaged in research & development, production and sales of printed circuit boards. Its products are mainly used in data center, cloud computing, industrial Internet, artificial intelligence, 5G communication, automotive electronics, security and printing and other terminal fields. The company's geographical segments are the Chinese mainland and the Outside Chinese mainland, with the majority of the revenue derived from the Outside Chinese mainland segment. Its core products include Data Center PCB, AI server PCB, 5G communication PCB, and Application terminal product PCB.
53GF Score

Get the complete analysis for FRA:VT4

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

€17.32
Price