Syn-Tech Chem & Pharm Co (ROCO:1777) Altman Z-Score: 7.00 (As of Jul. 21, 2026) — 45% Above Median

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ROCO:1777 Syn-Tech Chem & Pharm Co Ltd ROCO:1777
73 GF Score
Price NT$72.80
GF Value NT$106.95
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Syn-Tech Chem & Pharm Co Altman Z-Score?

Syn-Tech Chem & Pharm Co ROCO:1777 +0.41% 73 Altman Z-Score is 7.00 as of Jul. 21, 2026, which is 45% above its 10-year median of 4.84. GuruFocus rates ROCO:1777 with a GF Score™ of 73/100 and a GF Value™ of NT$106.95 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 928 Biotechnology companies, Syn-Tech Chem & Pharm Co ranks better than 70.91% 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 6.92 is strong.

Syn-Tech Chem & Pharm Co has a Altman Z-Score of 7.00, 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 Syn-Tech Chem & Pharm Co's Altman Z-Score or its related term are showing as below:

ROCO:1777' s Altman Z-Score Range Over the Past 10 Years
Min: 2.93   Med: 4.84   Max: 10.56
Current: 6.92

During the past 13 years, Syn-Tech Chem & Pharm Co's highest Altman Z-Score was 10.56. The lowest was 2.93. And the median was 4.84.


Syn-Tech Chem & Pharm Co  (ROCO:1777) 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.


Syn-Tech Chem & Pharm Co Altman Z-Score Related Terms


Syn-Tech Chem & Pharm Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Syn-Tech Chem & Pharm Co'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.

Syn-Tech Chem & Pharm Co Altman Z-Score Chart

Syn-Tech Chem & Pharm Co 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 2.93 5.43 5.36 10.56 7.07

Syn-Tech Chem & Pharm Co 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 10.56 7.16 5.95 11.41 7.07

ROCO:1777 vs VRTX, REGN, ALNY: Altman Z-Score Comparison

For the Biotechnology subindustry, Syn-Tech Chem & Pharm Co'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.


Syn-Tech Chem & Pharm Co Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Syn-Tech Chem & Pharm Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Syn-Tech Chem & Pharm Co's Altman Z-Score falls into.


ROCO:1777
73GF Score
Syn-Tech Chem & Pharm Co Ltd ROCO:1777
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Syn-Tech Chem & Pharm Co 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.

Syn-Tech Chem & Pharm Co'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*0.4145+1.4*0.2998+3.3*0.1132+0.6*8.784+1.0*0.4393
=7.00

* 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 NT$2,960 Mil.
Total Current Assets was NT$1,531 Mil.
Total Current Liabilities was NT$304 Mil.
Retained Earnings was NT$887 Mil.
Pre-Tax Income was 114.644 + 97.749 + 26.805 + 94.722 = NT$334 Mil.
Interest Expense was -0.379 + -0.205 + -0.209 + -0.21 = NT$-1 Mil.
Revenue was 322.945 + 336.706 + 324.84 + 315.75 = NT$1,300 Mil.
Market Cap (Today) was NT$3,246 Mil.
Total Liabilities was NT$370 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
=(1531.253 - 304.49)/2959.852
=0.4145

X2=Retained Earnings/Total Assets
=887.331/2959.852
=0.2998

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(333.92 - -1.003)/2959.852
=0.1132

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3246.298/369.57
=8.784

X5=Revenue/Total Assets
=1300.241/2959.852
=0.4393

The zones of discrimination were as such:

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

Syn-Tech Chem & Pharm Co has a Altman Z-Score of 7.00 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 7.00 mean?
Syn-Tech Chem & Pharm Co (ROCO:1777) has a Altman Z-Score of 7.00 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Syn-Tech Chem & Pharm Co and its competitors. This is 45% above median its historical median of 4.84. Over the past decade, Syn-Tech Chem & Pharm Co's Altman Z-Score has ranged from 2.93 to 10.56. According to the industry distribution chart, Syn-Tech Chem & Pharm Co ranks #270 out of 928 companies in the Biotechnology industry, placing it in the top 29.1%.
Is Syn-Tech Chem & Pharm Co's Altman Z-Score too high?
Syn-Tech Chem & Pharm Co's current Altman Z-Score of 7.00 is 45% above median its 10-year median of 4.84. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 10.56. The Biotechnology industry median Altman Z-Score is 2.55. Syn-Tech Chem & Pharm Co's value of 7.00 is 175% above this industry median. Based on the distribution chart, Syn-Tech Chem & Pharm Co ranks #270 out of 928 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Syn-Tech Chem & Pharm Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Syn-Tech Chem & Pharm Co's Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Syn-Tech Chem & Pharm Co ranks #270 out of 928 companies for Altman Z-Score. This puts Syn-Tech Chem & Pharm Co in the upper half of its industry. The industry median Altman Z-Score is 2.55. Syn-Tech Chem & Pharm Co's value of 7.00 is 175% above this benchmark. Historically, Syn-Tech Chem & Pharm Co's own Altman Z-Score has ranged from 2.93 to 10.56 over the past decade. While the company's 10-year median is 4.84 vs. the industry median of 2.55, Syn-Tech Chem & Pharm Co 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.55, based on 928 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. Syn-Tech Chem & Pharm Co's current Altman Z-Score of 7.00 is 175% 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 Syn-Tech Chem & Pharm Co and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Syn-Tech Chem & Pharm Co's current Altman Z-Score is 7.00, which is 45% above median its own 10-year median of 4.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syn-Tech Chem & Pharm Co stock overvalued right now?
Based on GuruFocus' analysis, Syn-Tech Chem & Pharm Co (ROCO:1777) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$106.95, compared to a current price of NT$72.80 — trading 31.9% below its estimated fair value. The current Altman Z-Score is 7.00, which is 45% above median its 10-year median of 4.84 and 175% above the Biotechnology industry median of 2.55. Syn-Tech Chem & Pharm Co's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Syn-Tech Chem & Pharm Co (ROCO:1777), the current Altman Z-Score is 7.00 as of Jul. 21, 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 Syn-Tech Chem & Pharm Co (ROCO:1777) Overvalued in 2026?

Based on GuruFocus' analysis, Syn-Tech Chem & Pharm Co stock appears to be undervalued. The current stock price of NT$72.80 is trading 31.9% below its estimated GF Value™ of NT$106.95. GuruFocus considers Syn-Tech Chem & Pharm Co to be Significantly Undervalued.

Key valuation signals for ROCO:1777:

  • Altman Z-Score: 7.00 (45% above median its 10-year median of 4.84)
  • GF Value™: NT$106.95 vs. price of NT$72.80 (31.9% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 175% above the Biotechnology median (#270 of 928)

No single metric tells the full story. See the ROCO:1777 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Syn-Tech Chem & Pharm Co Business Description

Address No. 168, Kai Yuan Road, Xinying District, Tainan City, TWN, 73055
Syn-Tech Chem & Pharm Co Ltd is engaged in the manufacture and sale of western medicines, veterinary drugs, food additives, cosmetics, and related businesses. It manufactures and sells Active Pharmaceutical Ingredients for domestic and foreign pharmaceutical companies and trade agents. Its products include Alfuzosin HCl, Atomoxetine HCl, Chlorzoxazone, Chlormezanone, Cloperastine HCl, Crotamiton, Diclofenac Epolamine, and others. It generates the majority of its revenue from Asia excluding Taiwan.
73GF Score

Get the complete analysis for ROCO:1777

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

NT$72.80
Price
NT$106.95
GF Value