Walsin Lihwa (LUX:WLSRS) Altman Z-Score: 1.69 (As of Jun. 29, 2026) — 22% Below Median


LUX:WLSRS Walsin Lihwa Corp LUX:WLSRS
72 GF Score
Price $11.00
GF Value $9.37
! 12 Warning Signs
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What is Walsin Lihwa Altman Z-Score?

Walsin Lihwa LUX:WLSRS 72 Altman Z-Score is 1.69 as of Jun. 29, 2026, which is 22% below its 10-year median of 2.17. GuruFocus rates LUX:WLSRS with a GF Score™ of 72/100 and a GF Value™ of $9.37. The stock has 12 warning signs investors should review. Among 610 Steel companies, Walsin Lihwa ranks worse than 70.33% 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.

Warning Sign:

Altman Z-score of 1.7 is in distress zone. This implies bankruptcy possibility in the next two years.

Walsin Lihwa has a Altman Z-Score of 1.69, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Walsin Lihwa's Altman Z-Score or its related term are showing as below:

LUX:WLSRS' s Altman Z-Score Range Over the Past 10 Years
Min: 1.51   Med: 2.17   Max: 3.01
Current: 1.7

During the past 13 years, Walsin Lihwa's highest Altman Z-Score was 3.01. The lowest was 1.51. And the median was 2.17.


Walsin Lihwa  (LUX:WLSRS) 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.


Walsin Lihwa Altman Z-Score Related Terms


Walsin Lihwa Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Walsin Lihwa'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.

Walsin Lihwa Altman Z-Score Chart

Walsin Lihwa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 2.31 2.04 1.51 1.63

Walsin Lihwa Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.51 1.47 1.57 1.62 1.63

LUX:WLSRS vs NUE, STLD, RS: Altman Z-Score Comparison

For the Steel subindustry, Walsin Lihwa'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.


Walsin Lihwa Altman Z-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Walsin Lihwa's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Walsin Lihwa's Altman Z-Score falls into.


LUX:WLSRS
72GF Score
Walsin Lihwa Corp LUX:WLSRS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Walsin Lihwa 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.

Walsin Lihwa'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*0.1047+1.4*0.156+3.3*0.0131+0.6*1.2003+1.0*0.5803
=1.69

* 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 Dec. 2025:
Total Assets was $9,678 Mil.
Total Current Assets was $2,707 Mil.
Total Current Liabilities was $1,694 Mil.
Retained Earnings was $1,509 Mil.
Pre-Tax Income was 8.866 + 7.659 + 12.963 + 22.341 = $52 Mil.
Interest Expense was -14.04 + -19.564 + -21.607 + -19.989 = $-75 Mil.
Revenue was 1335.156 + 1353.615 + 1567.396 + 1359.747 = $5,616 Mil.
Market Cap (Today) was $4,874 Mil.
Total Liabilities was $4,061 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
=(2707.077 - 1693.635)/9677.665
=0.1047

X2=Retained Earnings/Total Assets
=1509.243/9677.665
=0.156

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(51.829 - -75.2)/9677.665
=0.0131

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4874.430/4060.939
=1.2003

X5=Revenue/Total Assets
=5615.914/9677.665
=0.5803

The zones of discrimination were as such:

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

Walsin Lihwa has a Altman Z-Score of 1.69 indicating it is in Distress 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 1.69 mean?
Walsin Lihwa (LUX:WLSRS) has a Altman Z-Score of 1.69 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Walsin Lihwa and its competitors. This is 22% below median its historical median of 2.17. Over the past decade, Walsin Lihwa's Altman Z-Score has ranged from 1.51 to 3.01. According to the industry distribution chart, Walsin Lihwa ranks #429 out of 610 companies in the Steel industry, placing it in the top 70.3%.
Is Walsin Lihwa's Altman Z-Score too high?
Walsin Lihwa's current Altman Z-Score of 1.69 is 22% below median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 3.01. The Steel industry median Altman Z-Score is 2.45. Walsin Lihwa's value of 1.69 is 30.9% below this industry median. Based on the distribution chart, Walsin Lihwa ranks #429 out of 610 companies in the Steel industry, which is below the industry midpoint. Overall, Walsin Lihwa has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Walsin Lihwa's Altman Z-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Walsin Lihwa ranks #429 out of 610 companies for Altman Z-Score. This places Walsin Lihwa in the lower half of its industry. The industry median Altman Z-Score is 2.45. Walsin Lihwa's value of 1.69 is 30.9% below this benchmark. Historically, Walsin Lihwa's own Altman Z-Score has ranged from 1.51 to 3.01 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.45, Walsin Lihwa 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 Z-Score for a Steel company?
The median Altman Z-Score among Steel companies is 2.45, based on 610 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. Walsin Lihwa's current Altman Z-Score of 1.69 is 30.9% 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 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 Walsin Lihwa and its competitors. For the Steel industry, the median Altman Z-Score is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Walsin Lihwa's current Altman Z-Score is 1.69, which is 22% below median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walsin Lihwa stock overvalued right now?
Walsin Lihwa (LUX:WLSRS) has a current Altman Z-Score of 1.69. The stock's GF Value™ is $9.37, compared to a current price of $11.00 — trading 17.4% above its estimated fair value. The current Altman Z-Score is 1.69, which is 22% below median its 10-year median of 2.17 and 30.9% below the Steel industry median of 2.45. Walsin Lihwa's overall GF Score™ is 72/100 with 12 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 Walsin Lihwa (LUX:WLSRS), the current Altman Z-Score is 1.69 as of Jun. 29, 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 Walsin Lihwa (LUX:WLSRS) Overvalued in 2026?

Based on GuruFocus' analysis, Walsin Lihwa stock appears to be overvalued. The current stock price of $11.00 is trading 17.4% above its estimated GF Value™ of $9.37.

Key valuation signals for LUX:WLSRS:

  • Altman Z-Score: 1.69 (22% below median its 10-year median of 2.17)
  • GF Value™: $9.37 vs. price of $11.00 (17.4% above fair value)
  • GF Score™: 72/100 with 12 warning signs
  • Industry Position: 30.9% below the Steel median (#429 of 610)

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


Walsin Lihwa Business Description

Other Exchanges 1605:Taiwan
Address No. 1, Songzhi Road, 25th Floor, Taipei, TWN, 11047
Walsin Lihwa Corp is a producer of cables, steel, and wires. The company made various investments in construction, electronics, material science, real estate, etc. The company's segments are wires and cables; stainless stee;, resource business, and Administration and Investing. It derives maximum revenue from Stainless steel segment. The Stainless steel segment's main products include smelting, rolled stainless steel, carbon steel and precision alloy wire which are sold to industries involving construction components, crankshaft, machine tools, plumbing, heat exchanger, drainage, petrochemical and construction. Geographically, the company operates in USA, Asia, Europe, and other regions, of which Asia generates maximum revenue.
72GF Score

Get the complete analysis for LUX:WLSRS

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

$11.00
Price
$9.37
GF Value