Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Rich Circle Development CoROCO:6198 28 Altman Z-Score is 2.35 as of Jul. 22, 2026, which is 64% below its 10-year median of 6.55. GuruFocus rates ROCO:6198 with a GF Score™ of 28/100 and a GF Value™ of NT$0.44 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,016 Semiconductors companies, Rich Circle Development Co ranks worse than 72.83% 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 2.31 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Rich Circle Development Co has a Altman Z-Score of 2.35, indicating it is in Grey Zones. This implies that Rich Circle Development Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Rich Circle Development Co's Altman Z-Score or its related term are showing as below:
ROCO:6198'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.31 Med: 6.55 Max: 152.82
Current: 2.31
During the past 13 years, Rich Circle Development Co's highest Altman Z-Score was 152.82. The lowest was 2.31. And the median was 6.55.
Rich Circle Development Co (ROCO:6198) 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.
* 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:6198 vs NVDA, AVGO, MU: Altman Z-Score Comparison
For the Semiconductors subindustry, Rich Circle Development 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.
Rich Circle Development Co Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Rich Circle Development Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Rich Circle Development Co's Altman Z-Score falls into.
Rich Circle Development 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.
* 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.
Rich Circle Development Co (ROCO:6198) has a Altman Z-Score of 2.35 as of Jul. 22, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Rich Circle Development Co and its competitors. This is 64% below median its historical median of 6.55. Over the past decade, Rich Circle Development Co's Altman Z-Score has ranged from 2.31 to 152.82. According to the industry distribution chart, Rich Circle Development Co ranks #740 out of 1016 companies in the Semiconductors industry, placing it in the top 72.8%.
Is Rich Circle Development Co's Altman Z-Score too high?
Rich Circle Development Co's current Altman Z-Score of 2.35 is 64% below median its 10-year median of 6.55. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 152.82. The Semiconductors industry median Altman Z-Score is 4.96. Rich Circle Development Co's value of 2.35 is 52.6% below this industry median. Based on the distribution chart, Rich Circle Development Co ranks #740 out of 1016 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Rich Circle Development Co has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rich Circle Development Co's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Rich Circle Development Co ranks #740 out of 1016 companies for Altman Z-Score. This places Rich Circle Development Co in the lower half of its industry. The industry median Altman Z-Score is 4.96. Rich Circle Development Co's value of 2.35 is 52.6% below this benchmark. Historically, Rich Circle Development Co's own Altman Z-Score has ranged from 2.31 to 152.82 over the past decade. While the company's 10-year median is 6.55 vs. the industry median of 4.96, Rich Circle Development 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 a Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 4.96, based on 1,016 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. Rich Circle Development Co's current Altman Z-Score of 2.35 is 52.6% 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 Rich Circle Development Co and its competitors. For the Semiconductors industry, the median Altman Z-Score is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rich Circle Development Co's current Altman Z-Score is 2.35, which is 64% 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 Rich Circle Development Co stock overvalued right now?
Based on GuruFocus' analysis, Rich Circle Development Co (ROCO:6198) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.44, compared to a current price of NT$20.45 — trading 4547.7% above its estimated fair value. The current Altman Z-Score is 2.35, which is 64% below median its 10-year median of 6.55 and 52.6% below the Semiconductors industry median of 4.96. Rich Circle Development Co's overall GF Score™ is 28/100 with 8 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 Rich Circle Development Co (ROCO:6198), the current Altman Z-Score is 2.35 as of Jul. 22, 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 Rich Circle Development Co (ROCO:6198) Overvalued in 2026?
Based on GuruFocus' analysis, Rich Circle Development Co stock appears to be overvalued.
The current stock price of NT$20.45 is trading 4547.7% above its estimated GF Value™ of NT$0.44.
GuruFocus considers Rich Circle Development Co to be Significantly Overvalued.
Key valuation signals for ROCO:6198:
Altman Z-Score: 2.35 (64% below median its 10-year median of 6.55)
GF Value™: NT$0.44 vs. price of NT$20.45 (4547.7% above fair value)
Industry Position: 52.6% below the Semiconductors median (#740 of 1016)
No single metric tells the full story. See the ROCO:6198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rich Circle Development Co Ltd is mainly engaged in the design, marketing and sales of integrated circuits, semiconductor memory components, digital communication products, computer peripherals, semiconductor components and other related businesses. The Company has two reportable operating segments: the Development department, which engages in development of commercial buildings, public housing and industrial plant for leasing and sales; and the Construction department, which engages in the business of construction and civil engineering and generates maximum revenue.
28GF Score
Get the complete analysis for ROCO:6198
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:6198 has been successfully added to your 
