Speed Tech (ROCO:5457) Altman Z-Score: 1.33 (As of Jul. 11, 2026) — 38% Below Median


ROCO:5457 Speed Tech Corp ROCO:5457
69 GF Score
Price NT$33.35
GF Value NT$58.62
Valuation Possible Value Trap
! 5 Warning Signs
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What is Speed Tech Altman Z-Score?

Speed Tech ROCO:5457 69 Altman Z-Score is 1.33 as of Jul. 11, 2026, which is 38% below its 10-year median of 2.14. GuruFocus rates ROCO:5457 with a GF Score™ of 69/100 and a GF Value™ of NT$58.62 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,459 Hardware companies, Speed Tech ranks worse than 84.83% 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 1.34 is in distress zone. This implies bankruptcy possibility in the next two years.

Speed Tech has a Altman Z-Score of 1.33, 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 Speed Tech's Altman Z-Score or its related term are showing as below:

ROCO:5457' s Altman Z-Score Range Over the Past 10 Years
Min: 1.34   Med: 2.14   Max: 3.39
Current: 1.34

During the past 13 years, Speed Tech's highest Altman Z-Score was 3.39. The lowest was 1.34. And the median was 2.14.


Speed Tech  (ROCO:5457) 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.


Speed Tech Altman Z-Score Related Terms


Speed Tech Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Speed Tech'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.

Speed Tech Altman Z-Score Chart

Speed Tech 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 2.41 1.87 1.52 1.61 1.35

Speed Tech 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 1.61 1.56 1.61 1.44 1.35

ROCO:5457 vs APH, GLW: Altman Z-Score Comparison

For the Electronic Components subindustry, Speed Tech'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.


Speed Tech Altman Z-Score vs Hardware Industry

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

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


ROCO:5457
69GF Score
Speed Tech Corp ROCO:5457
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Speed Tech 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.

Speed Tech'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*0.062+1.4*0.0732+3.3*0.0581+0.6*0.3223+1.0*0.7715
=1.33

* 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$31,573 Mil.
Total Current Assets was NT$18,191 Mil.
Total Current Liabilities was NT$16,233 Mil.
Retained Earnings was NT$2,310 Mil.
Pre-Tax Income was 456.765 + 712.987 + 130.428 + 400.372 = NT$1,701 Mil.
Interest Expense was -28.967 + -36.262 + -34.82 + -32.562 = NT$-133 Mil.
Revenue was 6284.483 + 7154.94 + 5531.462 + 5388.946 = NT$24,360 Mil.
Market Cap (Today) was NT$6,551 Mil.
Total Liabilities was NT$20,327 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
=(18190.961 - 16233.169)/31572.996
=0.062

X2=Retained Earnings/Total Assets
=2310.248/31572.996
=0.0732

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1700.552 - -132.611)/31572.996
=0.0581

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=6550.900/20326.589
=0.3223

X5=Revenue/Total Assets
=24359.831/31572.996
=0.7715

The zones of discrimination were as such:

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

Speed Tech has a Altman Z-Score of 1.33 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 1.33 mean?
Speed Tech (ROCO:5457) has a Altman Z-Score of 1.33 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Speed Tech and its competitors. This is 38% below median its historical median of 2.14. Over the past decade, Speed Tech's Altman Z-Score has ranged from 1.34 to 3.39. According to the industry distribution chart, Speed Tech ranks #2086 out of 2459 companies in the Hardware industry, placing it in the top 84.8%.
Is Speed Tech's Altman Z-Score too high?
Speed Tech's current Altman Z-Score of 1.33 is 38% below median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 3.39. The Hardware industry median Altman Z-Score is 3.64. Speed Tech's value of 1.33 is 63.5% below this industry median. Based on the distribution chart, Speed Tech ranks #2086 out of 2459 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Speed Tech has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Speed Tech's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Speed Tech ranks #2086 out of 2459 companies for Altman Z-Score. This places Speed Tech in the lower half of its industry. The industry median Altman Z-Score is 3.64. Speed Tech's value of 1.33 is 63.5% below this benchmark. Historically, Speed Tech's own Altman Z-Score has ranged from 1.34 to 3.39 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 3.64, Speed Tech 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.64, based on 2,459 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. Speed Tech's current Altman Z-Score of 1.33 is 63.5% 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 Speed Tech and its competitors. For the Hardware industry, the median Altman Z-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speed Tech's current Altman Z-Score is 1.33, which is 38% below median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speed Tech stock overvalued right now?
Based on GuruFocus' analysis, Speed Tech (ROCO:5457) is currently considered Possible Value Trap. The stock's GF Value™ is NT$58.62, compared to a current price of NT$33.35 — trading 43.1% below its estimated fair value. The current Altman Z-Score is 1.33, which is 38% below median its 10-year median of 2.14 and 63.5% below the Hardware industry median of 3.64. Speed Tech's overall GF Score™ is 69/100 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 Speed Tech (ROCO:5457), the current Altman Z-Score is 1.33 as of Jul. 11, 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 Speed Tech (ROCO:5457) Overvalued in 2026?

Based on GuruFocus' analysis, Speed Tech stock appears to be undervalued. The current stock price of NT$33.35 is trading 43.1% below its estimated GF Value™ of NT$58.62. GuruFocus considers Speed Tech to be Possible Value Trap.

Key valuation signals for ROCO:5457:

  • Altman Z-Score: 1.33 (38% below median its 10-year median of 2.14)
  • GF Value™: NT$58.62 vs. price of NT$33.35 (43.1% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 63.5% below the Hardware median (#2086 of 2459)

No single metric tells the full story. See the ROCO:5457 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Speed Tech Business Description

Address Ming-Sheng North Road, No.568, Section 1, Nankan Village, Guishan District, Taoyuan City, TWN, 338
Speed Tech Corp mainly engage in the design, manufacture, and sale of various electronic connectors, related control buttons, key components, mechanical design, processing, manufacturing, and sale of various precision molds, jigs, plastic molding products, and other computer, electronic, and communication products. The Group's reporting segments Electronic Connectors segment mainly engages in the design, manufacture, and sale of computer, electronic, and communication connectors, as well as buttons; the Mold and Plastic Injection segment mainly engages in the design, manufacture, and sale of various precision molds, dies, and plastic molding products. The majority of revenue comes from Connector Department. It has presence in China and Hong Kong, Taiwan, South Asia, and Others.
69GF Score

Get the complete analysis for ROCO:5457

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

NT$33.35
Price
NT$58.62
GF Value