YFC-Boneagle Electric Co (ROCO:6220) Altman Z-Score: 1.88 (As of Jul. 11, 2026) — 11% Below Median


ROCO:6220 YFC-Boneagle Electric Co Ltd ROCO:6220
53 GF Score
Price NT$33.60
GF Value NT$19.21
Valuation Significantly Overvalued
! 5 Warning Signs
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What is YFC-Boneagle Electric Co Altman Z-Score?

YFC-Boneagle Electric Co ROCO:6220 53 Altman Z-Score is 1.88 as of Jul. 11, 2026, which is 11% below its 10-year median of 2.12. GuruFocus rates ROCO:6220 with a GF Score™ of 53/100 and a GF Value™ of NT$19.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,459 Hardware companies, YFC-Boneagle Electric Co ranks worse than 77.67% 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 1.89 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.

YFC-Boneagle Electric Co has a Altman Z-Score of 1.88, indicating it is in Grey Zones. This implies that YFC-Boneagle Electric 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 YFC-Boneagle Electric Co's Altman Z-Score or its related term are showing as below:

ROCO:6220' s Altman Z-Score Range Over the Past 10 Years
Min: 1.64   Med: 2.12   Max: 2.82
Current: 1.89

During the past 13 years, YFC-Boneagle Electric Co's highest Altman Z-Score was 2.82. The lowest was 1.64. And the median was 2.12.


YFC-Boneagle Electric Co  (ROCO:6220) 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.


YFC-Boneagle Electric Co Altman Z-Score Related Terms


YFC-Boneagle Electric Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for YFC-Boneagle Electric 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.

YFC-Boneagle Electric Co Altman Z-Score Chart

YFC-Boneagle Electric 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 1.92 2.54 1.64 1.81 1.76

YFC-Boneagle Electric 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 1.81 1.89 1.78 1.76 1.76

ROCO:6220 vs CSCO, CIEN, MSI: Altman Z-Score Comparison

For the Communication Equipment subindustry, YFC-Boneagle Electric 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.


YFC-Boneagle Electric Co Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, YFC-Boneagle Electric Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where YFC-Boneagle Electric Co's Altman Z-Score falls into.


ROCO:6220
53GF Score
YFC-Boneagle Electric Co Ltd ROCO:6220
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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YFC-Boneagle Electric 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.

YFC-Boneagle Electric 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*0.1938+1.4*0.0847+3.3*0.0322+0.6*0.8303+1.0*0.9203
=1.88

* 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$9,087 Mil.
Total Current Assets was NT$6,441 Mil.
Total Current Liabilities was NT$4,680 Mil.
Retained Earnings was NT$769 Mil.
Pre-Tax Income was 21.485 + 142.963 + 8.99 + -44.58 = NT$129 Mil.
Interest Expense was -37.176 + -41.022 + -42.05 + -43.843 = NT$-164 Mil.
Revenue was 2197.686 + 1875.261 + 2004.175 + 2285.261 = NT$8,362 Mil.
Market Cap (Today) was NT$4,921 Mil.
Total Liabilities was NT$5,927 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
=(6441.353 - 4680.332)/9086.619
=0.1938

X2=Retained Earnings/Total Assets
=769.296/9086.619
=0.0847

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(128.858 - -164.091)/9086.619
=0.0322

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4921.157/5927.142
=0.8303

X5=Revenue/Total Assets
=8362.383/9086.619
=0.9203

The zones of discrimination were as such:

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

YFC-Boneagle Electric Co has a Altman Z-Score of 1.88 indicating it is in Grey 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 1.88 mean?
YFC-Boneagle Electric Co (ROCO:6220) has a Altman Z-Score of 1.88 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on YFC-Boneagle Electric Co and its competitors. This is 11% below median its historical median of 2.12. Over the past decade, YFC-Boneagle Electric Co's Altman Z-Score has ranged from 1.64 to 2.82. According to the industry distribution chart, YFC-Boneagle Electric Co ranks #1910 out of 2459 companies in the Hardware industry, placing it in the top 77.7%.
Is YFC-Boneagle Electric Co's Altman Z-Score too high?
YFC-Boneagle Electric Co's current Altman Z-Score of 1.88 is 11% below median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 2.82. The Hardware industry median Altman Z-Score is 3.64. YFC-Boneagle Electric Co's value of 1.88 is 48.4% below this industry median. Based on the distribution chart, YFC-Boneagle Electric Co ranks #1910 out of 2459 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, YFC-Boneagle Electric Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YFC-Boneagle Electric Co's Altman Z-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, YFC-Boneagle Electric Co ranks #1910 out of 2459 companies for Altman Z-Score. This places YFC-Boneagle Electric Co in the lower half of its industry. The industry median Altman Z-Score is 3.64. YFC-Boneagle Electric Co's value of 1.88 is 48.4% below this benchmark. Historically, YFC-Boneagle Electric Co's own Altman Z-Score has ranged from 1.64 to 2.82 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 3.64, YFC-Boneagle Electric 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 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. YFC-Boneagle Electric Co's current Altman Z-Score of 1.88 is 48.4% 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 YFC-Boneagle Electric Co 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. YFC-Boneagle Electric Co's current Altman Z-Score is 1.88, which is 11% below median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YFC-Boneagle Electric Co stock overvalued right now?
Based on GuruFocus' analysis, YFC-Boneagle Electric Co (ROCO:6220) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.21, compared to a current price of NT$33.60 — trading 74.9% above its estimated fair value. The current Altman Z-Score is 1.88, which is 11% below median its 10-year median of 2.12 and 48.4% below the Hardware industry median of 3.64. YFC-Boneagle Electric Co's overall GF Score™ is 53/100 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 YFC-Boneagle Electric Co (ROCO:6220), the current Altman Z-Score is 1.88 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 YFC-Boneagle Electric Co (ROCO:6220) Overvalued in 2026?

Based on GuruFocus' analysis, YFC-Boneagle Electric Co stock appears to be overvalued. The current stock price of NT$33.60 is trading 74.9% above its estimated GF Value™ of NT$19.21. GuruFocus considers YFC-Boneagle Electric Co to be Significantly Overvalued.

Key valuation signals for ROCO:6220:

  • Altman Z-Score: 1.88 (11% below median its 10-year median of 2.12)
  • GF Value™: NT$19.21 vs. price of NT$33.60 (74.9% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 48.4% below the Hardware median (#1910 of 2459)

No single metric tells the full story. See the ROCO:6220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YFC-Boneagle Electric Co Business Description

Address No. 12-9, 130th Lane, Zhongshan East Road, Section 2, Xinwu District, Taoyuan, TWN, 32741
YFC-Boneagle Electric Co Ltd is engaged in the business of developing, manufacturing, and selling power cord sets, LAN cables, patch cords, and related networking accessories. The business of the company is spread across the United States of America, China, Taiwan, Mainland Canada, the United Kingdom, and Other countries of which the United States of America derives the majority of revenue of the company. The operating segments of the Group are the manufacturing, wholesaling and online retailing segments. The majority of revenue is generated from the manufacturing segment. The manufacturing segment manufactures different types of cables, power cords, power outlets, and high-speed high-frequency LAN cables.
53GF Score

Get the complete analysis for ROCO:6220

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

NT$33.60
Price
NT$19.21
GF Value