I Yuan Precision Ind Co (ROCO:2235) Altman Z-Score: 4.39 (As of Jul. 15, 2026) — 15% Above Median

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ROCO:2235 I Yuan Precision Ind Co Ltd ROCO:2235
70 GF Score
Price NT$27.70
GF Value NT$40.56
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is I Yuan Precision Ind Co Altman Z-Score?

I Yuan Precision Ind Co ROCO:2235 -7.77% 70 Altman Z-Score is 4.39 as of Jul. 15, 2026, which is 15% above its 10-year median of 3.82. GuruFocus rates ROCO:2235 with a GF Score™ of 70/100 and a GF Value™ of NT$40.56 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,313 Vehicles & Parts companies, I Yuan Precision Ind Co ranks better than 78.07% 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 4.58 is strong.

I Yuan Precision Ind Co has a Altman Z-Score of 4.39, 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 I Yuan Precision Ind Co's Altman Z-Score or its related term are showing as below:

ROCO:2235' s Altman Z-Score Range Over the Past 10 Years
Min: 1.68   Med: 3.82   Max: 6.22
Current: 4.58

During the past 13 years, I Yuan Precision Ind Co's highest Altman Z-Score was 6.22. The lowest was 1.68. And the median was 3.82.


I Yuan Precision Ind Co  (ROCO:2235) 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.


I Yuan Precision Ind Co Altman Z-Score Related Terms


I Yuan Precision Ind Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for I Yuan Precision Ind 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.

I Yuan Precision Ind Co Altman Z-Score Chart

I Yuan Precision Ind 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 1.68 2.40 3.39 5.84 5.09

I Yuan Precision Ind 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 5.84 6.21 4.12 5.28 5.09

ROCO:2235 vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, I Yuan Precision Ind 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.


I Yuan Precision Ind Co Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, I Yuan Precision Ind Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where I Yuan Precision Ind Co's Altman Z-Score falls into.


ROCO:2235
70GF Score
I Yuan Precision Ind Co Ltd ROCO:2235
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I Yuan Precision Ind 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.

I Yuan Precision Ind 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*0.235+1.4*0.1333+3.3*0.0316+0.6*5.7123+1.0*0.3936
=4.39

* 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$1,412.2 Mil.
Total Current Assets was NT$464.0 Mil.
Total Current Liabilities was NT$132.1 Mil.
Retained Earnings was NT$188.3 Mil.
Pre-Tax Income was 15.533 + 24.759 + -20.397 + 23.597 = NT$43.5 Mil.
Interest Expense was -0.281 + -0.394 + -0.217 + -0.229 = NT$-1.1 Mil.
Revenue was 134.759 + 143.136 + 132.19 + 145.804 = NT$555.9 Mil.
Market Cap (Today) was NT$1,022.5 Mil.
Total Liabilities was NT$179.0 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
=(464.047 - 132.14)/1412.214
=0.235

X2=Retained Earnings/Total Assets
=188.316/1412.214
=0.1333

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(43.492 - -1.121)/1412.214
=0.0316

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1022.523/179.004
=5.7123

X5=Revenue/Total Assets
=555.889/1412.214
=0.3936

The zones of discrimination were as such:

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

I Yuan Precision Ind Co has a Altman Z-Score of 4.39 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 4.39 mean?
I Yuan Precision Ind Co (ROCO:2235) has a Altman Z-Score of 4.39 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on I Yuan Precision Ind Co and its competitors. This is 15% above median its historical median of 3.82. Over the past decade, I Yuan Precision Ind Co's Altman Z-Score has ranged from 1.68 to 6.22. According to the industry distribution chart, I Yuan Precision Ind Co ranks #288 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 21.9%.
Is I Yuan Precision Ind Co's Altman Z-Score too high?
I Yuan Precision Ind Co's current Altman Z-Score of 4.39 is 15% above median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 6.22. The Vehicles & Parts industry median Altman Z-Score is 2.55. I Yuan Precision Ind Co's value of 4.39 is 72.2% above this industry median. Based on the distribution chart, I Yuan Precision Ind Co ranks #288 out of 1313 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, I Yuan Precision Ind Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does I Yuan Precision Ind Co's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, I Yuan Precision Ind Co ranks #288 out of 1313 companies for Altman Z-Score. This places I Yuan Precision Ind Co in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.55. I Yuan Precision Ind Co's value of 4.39 is 72.2% above this benchmark. Historically, I Yuan Precision Ind Co's own Altman Z-Score has ranged from 1.68 to 6.22 over the past decade. While the company's 10-year median is 3.82 vs. the industry median of 2.55, I Yuan Precision Ind 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.55, based on 1,313 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. I Yuan Precision Ind Co's current Altman Z-Score of 4.39 is 72.2% 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 I Yuan Precision Ind Co and its competitors. For the Vehicles & Parts 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. I Yuan Precision Ind Co's current Altman Z-Score is 4.39, which is 15% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I Yuan Precision Ind Co stock overvalued right now?
Based on GuruFocus' analysis, I Yuan Precision Ind Co (ROCO:2235) is currently considered Possible Value Trap. The stock's GF Value™ is NT$40.56, compared to a current price of NT$27.70 — trading 31.7% below its estimated fair value. The current Altman Z-Score is 4.39, which is 15% above median its 10-year median of 3.82 and 72.2% above the Vehicles & Parts industry median of 2.55. I Yuan Precision Ind Co's overall GF Score™ is 70/100 with 5 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 I Yuan Precision Ind Co (ROCO:2235), the current Altman Z-Score is 4.39 as of Jul. 15, 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 I Yuan Precision Ind Co (ROCO:2235) Overvalued in 2026?

Based on GuruFocus' analysis, I Yuan Precision Ind Co stock appears to be undervalued. The current stock price of NT$27.70 is trading 31.7% below its estimated GF Value™ of NT$40.56. GuruFocus considers I Yuan Precision Ind Co to be Possible Value Trap.

Key valuation signals for ROCO:2235:

  • Altman Z-Score: 4.39 (15% above median its 10-year median of 3.82)
  • GF Value™: NT$40.56 vs. price of NT$27.70 (31.7% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 72.2% above the Vehicles & Parts median (#288 of 1313)

No single metric tells the full story. See the ROCO:2235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I Yuan Precision Ind Co Business Description

Address No.24, Dinghu Road, Dahuali, Guishan District, Taoyuan, TWN
I Yuan Precision Ind Co Ltd is engaged in the manufacturing, production, and trade of automotive parts such as water jet motors and water jets. It is also involved in processing and trading of other auto parts.
70GF Score

Get the complete analysis for ROCO:2235

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

NT$27.70
Price
NT$40.56
GF Value