Ultra ChipROCO:3141 +6.03%66 Altman Z-Score is 3.96 as of Jul. 06, 2026, which is 40% below its 10-year median of 6.55. GuruFocus rates ROCO:3141 with a GF Score™ of 66/100 and a GF Value™ of NT$67.86 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 1,015 Semiconductors companies, Ultra Chip ranks worse than 59.7% 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 3.96 is strong.
Ultra Chip has a Altman Z-Score of 3.96, 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 Ultra Chip's Altman Z-Score or its related term are showing as below:
ROCO:3141'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.85 Med: 6.55 Max: 8.96
Current: 3.96
During the past 13 years, Ultra Chip's highest Altman Z-Score was 8.96. The lowest was 2.85. And the median was 6.55.
Ultra Chip (ROCO:3141) 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.
Altman Z-Score does not apply to financial companies.
Ultra Chip Altman Z-Score Related Terms
Ultra Chip Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Ultra Chip'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.
ROCO:3141 vs NVDA, AVGO, MU: Altman Z-Score Comparison
For the Semiconductors subindustry, Ultra Chip'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.
Ultra Chip Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ultra Chip's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Ultra Chip's Altman Z-Score falls into.
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.
Ultra Chip'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
*
0.1901
+
1.4
*
0.287
+
3.3
*
0.0127
+
0.6
*
4.7916
+
1.0
*
0.4176
=
3.96
* 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.
Ultra Chip (ROCO:3141) has a Altman Z-Score of 3.96 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ultra Chip and its competitors. This is 40% below median its historical median of 6.55. Over the past decade, Ultra Chip's Altman Z-Score has ranged from 2.85 to 8.96. According to the industry distribution chart, Ultra Chip ranks #606 out of 1015 companies in the Semiconductors industry, placing it in the top 59.7%.
Is Ultra Chip's Altman Z-Score too high?
Ultra Chip's current Altman Z-Score of 3.96 is 40% below median its 10-year median of 6.55. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 8.96. The Semiconductors industry median Altman Z-Score is 5.46. Ultra Chip's value of 3.96 is 27.5% below this industry median. Based on the distribution chart, Ultra Chip ranks #606 out of 1015 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Ultra Chip has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultra Chip's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Ultra Chip ranks #606 out of 1015 companies for Altman Z-Score. This places Ultra Chip in the lower half of its industry. The industry median Altman Z-Score is 5.46. Ultra Chip's value of 3.96 is 27.5% below this benchmark. Historically, Ultra Chip's own Altman Z-Score has ranged from 2.85 to 8.96 over the past decade. While the company's 10-year median is 6.55 vs. the industry median of 5.46, Ultra Chip 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.46, 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. Ultra Chip's current Altman Z-Score of 3.96 is 27.5% 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 Ultra Chip and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultra Chip's current Altman Z-Score is 3.96, which is 40% below median its own 10-year median of 6.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Chip stock overvalued right now?
Based on GuruFocus' analysis, Ultra Chip (ROCO:3141) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$67.86, compared to a current price of NT$82.70 — trading 21.9% above its estimated fair value. The current Altman Z-Score is 3.96, which is 40% below median its 10-year median of 6.55 and 27.5% below the Semiconductors industry median of 5.46. Ultra Chip's overall GF Score™ is 66/100 with 13 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 Ultra Chip (ROCO:3141), the current Altman Z-Score is 3.96 as of Jul. 06, 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 Ultra Chip (ROCO:3141) Overvalued in 2026?
Based on GuruFocus' analysis, Ultra Chip stock appears to be overvalued.
The current stock price of NT$82.70 is trading 21.9% above its estimated GF Value™ of NT$67.86.
GuruFocus considers Ultra Chip to be Modestly Overvalued.
Key valuation signals for ROCO:3141:
Altman Z-Score: 3.96 (40% below median its 10-year median of 6.55)
GF Value™: NT$67.86 vs. price of NT$82.70 (21.9% above fair value)
Industry Position: 27.5% below the Semiconductors median (#606 of 1015)
No single metric tells the full story. See the ROCO:3141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultra Chip Inc is engaged in the design and sale of mobile display driver IC products. Its products include professional display, bistable display, and Motor IC. The revenue of the group mainly comes from the design sales and business of liquid crystal display product driver IC. Geographically, it operates in Aisa, Europe, and Others with majority of revenue deriving from Asia region.
66GF Score
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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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