KenMec Mechanical Engineering Co (ROCO:6125) Altman Z-Score: 1.75 (As of Jul. 23, 2026) — 10% Above Median

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ROCO:6125 KenMec Mechanical Engineering Co Ltd ROCO:6125
48 GF Score
Price NT$51.30
GF Value NT$81.27
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is KenMec Mechanical Engineering Co Altman Z-Score?

KenMec Mechanical Engineering Co ROCO:6125 +1.99% 48 Altman Z-Score is 1.75 as of Jul. 23, 2026, which is 10% above its 10-year median of 1.59. GuruFocus rates ROCO:6125 with a GF Score™ of 48/100 and a GF Value™ of NT$81.27 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 3,008 Industrial Products companies, KenMec Mechanical Engineering Co ranks worse than 78.36% 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 1.73 is in distress zone. This implies bankruptcy possibility in the next two years.

KenMec Mechanical Engineering Co has a Altman Z-Score of 1.75, 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 KenMec Mechanical Engineering Co's Altman Z-Score or its related term are showing as below:

ROCO:6125' s Altman Z-Score Range Over the Past 10 Years
Min: 0.51   Med: 1.59   Max: 2.64
Current: 1.73

During the past 13 years, KenMec Mechanical Engineering Co's highest Altman Z-Score was 2.64. The lowest was 0.51. And the median was 1.59.


KenMec Mechanical Engineering Co  (ROCO:6125) 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.


KenMec Mechanical Engineering Co Altman Z-Score Related Terms


KenMec Mechanical Engineering Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for KenMec Mechanical Engineering 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.

KenMec Mechanical Engineering Co Altman Z-Score Chart

KenMec Mechanical Engineering 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 1.01 1.57 2.55 2.64 2.30

KenMec Mechanical Engineering 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 2.64 2.23 2.12 2.41 2.30

ROCO:6125 vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, KenMec Mechanical Engineering 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.


KenMec Mechanical Engineering Co Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, KenMec Mechanical Engineering Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where KenMec Mechanical Engineering Co's Altman Z-Score falls into.


ROCO:6125
48GF Score
KenMec Mechanical Engineering Co Ltd ROCO:6125
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KenMec Mechanical Engineering 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.

KenMec Mechanical Engineering 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*0.1423+1.4*0.022+3.3*-0.0199+0.6*2.2248+1.0*0.2836
=1.75

* 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$11,764 Mil.
Total Current Assets was NT$5,107 Mil.
Total Current Liabilities was NT$3,433 Mil.
Retained Earnings was NT$259 Mil.
Pre-Tax Income was -104.438 + -32.606 + -130.065 + -41.982 = NT$-309 Mil.
Interest Expense was -17.851 + -18.228 + -18.303 + -20.626 = NT$-75 Mil.
Revenue was 967.215 + 1037.152 + 717.856 + 613.606 = NT$3,336 Mil.
Market Cap (Today) was NT$13,287 Mil.
Total Liabilities was NT$5,972 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
=(5106.997 - 3433.088)/11764.124
=0.1423

X2=Retained Earnings/Total Assets
=258.569/11764.124
=0.022

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-309.091 - -75.008)/11764.124
=-0.0199

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13287.272/5972.346
=2.2248

X5=Revenue/Total Assets
=3335.829/11764.124
=0.2836

The zones of discrimination were as such:

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

KenMec Mechanical Engineering Co has a Altman Z-Score of 1.75 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 1.75 mean?
KenMec Mechanical Engineering Co (ROCO:6125) has a Altman Z-Score of 1.75 as of Jul. 23, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on KenMec Mechanical Engineering Co and its competitors. This is 10% above median its historical median of 1.59. Over the past decade, KenMec Mechanical Engineering Co's Altman Z-Score has ranged from 0.51 to 2.64. According to the industry distribution chart, KenMec Mechanical Engineering Co ranks #2357 out of 3008 companies in the Industrial Products industry, placing it in the top 78.4%.
Is KenMec Mechanical Engineering Co's Altman Z-Score too high?
KenMec Mechanical Engineering Co's current Altman Z-Score of 1.75 is 10% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.64. The Industrial Products industry median Altman Z-Score is 3.21. KenMec Mechanical Engineering Co's value of 1.75 is 45.5% below this industry median. Based on the distribution chart, KenMec Mechanical Engineering Co ranks #2357 out of 3008 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, KenMec Mechanical Engineering Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KenMec Mechanical Engineering Co's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, KenMec Mechanical Engineering Co ranks #2357 out of 3008 companies for Altman Z-Score. This places KenMec Mechanical Engineering Co in the lower half of its industry. The industry median Altman Z-Score is 3.21. KenMec Mechanical Engineering Co's value of 1.75 is 45.5% below this benchmark. Historically, KenMec Mechanical Engineering Co's own Altman Z-Score has ranged from 0.51 to 2.64 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 3.21, KenMec Mechanical Engineering Co 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.21, based on 3,008 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. KenMec Mechanical Engineering Co's current Altman Z-Score of 1.75 is 45.5% 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 KenMec Mechanical Engineering Co and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KenMec Mechanical Engineering Co's current Altman Z-Score is 1.75, which is 10% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KenMec Mechanical Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, KenMec Mechanical Engineering Co (ROCO:6125) is currently considered Possible Value Trap. The stock's GF Value™ is NT$81.27, compared to a current price of NT$51.30 — trading 36.9% below its estimated fair value. The current Altman Z-Score is 1.75, which is 10% above median its 10-year median of 1.59 and 45.5% below the Industrial Products industry median of 3.21. KenMec Mechanical Engineering Co's overall GF Score™ is 48/100 with 6 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 KenMec Mechanical Engineering Co (ROCO:6125), the current Altman Z-Score is 1.75 as of Jul. 23, 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 KenMec Mechanical Engineering Co (ROCO:6125) Overvalued in 2026?

Based on GuruFocus' analysis, KenMec Mechanical Engineering Co stock appears to be undervalued. The current stock price of NT$51.30 is trading 36.9% below its estimated GF Value™ of NT$81.27. GuruFocus considers KenMec Mechanical Engineering Co to be Possible Value Trap.

Key valuation signals for ROCO:6125:

  • Altman Z-Score: 1.75 (10% above median its 10-year median of 1.59)
  • GF Value™: NT$81.27 vs. price of NT$51.30 (36.9% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 45.5% below the Industrial Products median (#2357 of 3008)

No single metric tells the full story. See the ROCO:6125 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KenMec Mechanical Engineering Co Business Description

Address Dingping Road, Ruifang District, 1st Floor, No. 69, Ruifang Industrial Park, New Taipei, TWN, 115
KenMec Mechanical Engineering Co Ltd is focusing on the design, machining, manufacturing and trading of industrial machines and steel angle frames; import and export of machinery, hardware, office equipment, and electric machinery; machining, manufacturing and trading of transfer lines, robot production lines, flexible manufacturing systems, automatic conveyors, automatic pallet stackers, automatic warehousing equipment, unmanned trucks, and robotic arms; manufacturing, machining and trading of computer and optical communication products and their components. Its segments are Automation segment, Smart Energy Integration Business, Electronic parts and components segment, SIC Business; and Other segments. The company derives maximum revenue from Automation segment.
48GF Score

Get the complete analysis for ROCO:6125

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

NT$51.30
Price
NT$81.27
GF Value