Impinj (MEX:PI) Altman Z-Score: 7.65 (As of Jun. 25, 2026) — 54% Above Median


MEX:PI Impinj Inc MEX:PI
55 GF Score
Price MXN2,746.55
GF Value MXN2,139.47
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Impinj Altman Z-Score?

Impinj MEX:PI 55 Altman Z-Score is 7.65 as of Jun. 25, 2026, which is 54% above its 10-year median of 4.97. GuruFocus rates MEX:PI with a GF Score™ of 55/100 and a GF Value™ of MXN2,139.47 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,015 Semiconductors companies, Impinj ranks better than 60.69% 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 7.66 is strong.

Impinj has a Altman Z-Score of 7.65, 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 Impinj's Altman Z-Score or its related term are showing as below:

MEX:PI' s Altman Z-Score Range Over the Past 10 Years
Min: -2.16   Med: 4.97   Max: 15.83
Current: 7.66

During the past 13 years, Impinj's highest Altman Z-Score was 15.83. The lowest was -2.16. And the median was 4.97.


Impinj  (MEX:PI) 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.


Impinj Altman Z-Score Related Terms


Impinj Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Impinj'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.

Impinj Altman Z-Score Chart

Impinj 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 3.35 4.91 4.12 7.24 9.45

Impinj Quarterly Data
Jun21 Sep21 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 5.24 6.46 10.22 9.45 6.29

MEX:PI vs POWI, DIOD, LASR: Altman Z-Score Comparison

For the Semiconductors subindustry, Impinj'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.


Impinj Altman Z-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Impinj's Altman Z-Score distribution charts can be found below:

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


MEX:PI
55GF Score
Impinj Inc MEX:PI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Impinj 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.

Impinj'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*0.5304+1.4*-0.8466+3.3*-0.0489+0.6*12.7122+1.0*0.7301
=7.65

* 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 MXN9,062 Mil.
Total Current Assets was MXN5,392 Mil.
Total Current Liabilities was MXN586 Mil.
Retained Earnings was MXN-7,671 Mil.
Pre-Tax Income was -454.658 + -17.772 + -236.622 + 220.339 = MXN-489 Mil.
Interest Expense was -4.634 + -13.63 + -12.437 + -15.233 = MXN-46 Mil.
Revenue was 1338.928 + 1671.811 + 1762.052 + 1843.266 = MXN6,616 Mil.
Market Cap (Today) was MXN68,454 Mil.
Total Liabilities was MXN5,385 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
=(5392.463 - 586.063)/9061.865
=0.5304

X2=Retained Earnings/Total Assets
=-7671.489/9061.865
=-0.8466

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-488.713 - -45.934)/9061.865
=-0.0489

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=68453.753/5384.889
=12.7122

X5=Revenue/Total Assets
=6616.057/9061.865
=0.7301

The zones of discrimination were as such:

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

Impinj has a Altman Z-Score of 7.65 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 7.65 mean?
Impinj (MEX:PI) has a Altman Z-Score of 7.65 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Impinj and its competitors. This is 54% above median its historical median of 4.97. According to the industry distribution chart, Impinj ranks #399 out of 1015 companies in the Semiconductors industry, placing it in the top 39.3%.
Is Impinj's Altman Z-Score too high?
Impinj's current Altman Z-Score of 7.65 is 54% above median its 10-year median of 4.97. The Semiconductors industry median Altman Z-Score is 5.52. Impinj's value of 7.65 is 38.6% above this industry median. Based on the distribution chart, Impinj ranks #399 out of 1015 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Impinj has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impinj's Altman Z-Score compare to POWI and DIOD?
According to the Semiconductors industry distribution chart, Impinj ranks #399 out of 1015 companies for Altman Z-Score. This puts Impinj in the upper half of its industry. The industry median Altman Z-Score is 5.52. Impinj's value of 7.65 is 38.6% above this benchmark. While the company's 10-year median is 4.97 vs. the industry median of 5.52, Impinj 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.52, based on 1,015 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. Impinj's current Altman Z-Score of 7.65 is 38.6% 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 Impinj and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impinj's current Altman Z-Score is 7.65, which is 54% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impinj stock overvalued right now?
Based on GuruFocus' analysis, Impinj (MEX:PI) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,139.47, compared to a current price of MXN2,746.55 — trading 28.4% above its estimated fair value. The current Altman Z-Score is 7.65, which is 54% above median its 10-year median of 4.97 and 38.6% above the Semiconductors industry median of 5.52. Impinj's overall GF Score™ is 55/100 with 3 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 Impinj (MEX:PI), the current Altman Z-Score is 7.65 as of Jun. 25, 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 Impinj (MEX:PI) Overvalued in 2026?

Based on GuruFocus' analysis, Impinj stock appears to be overvalued. The current stock price of MXN2,746.55 is trading 28.4% above its estimated GF Value™ of MXN2,139.47. GuruFocus considers Impinj to be Modestly Overvalued.

Key valuation signals for MEX:PI:

  • Altman Z-Score: 7.65 (54% above median its 10-year median of 4.97)
  • GF Value™: MXN2,139.47 vs. price of MXN2,746.55 (28.4% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 38.6% above the Semiconductors median (#399 of 1015)

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


Impinj Business Description

Address 400 Fairview Avenue North, Suite 1200, Seattle, WA, USA, 98109
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
55GF Score

Get the complete analysis for MEX:PI

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

MXN2,746.55
Price
MXN2,139.47
GF Value