Planet Technology (ROCO:6263) Altman Z-Score: 8.68 (As of Aug. 30, 2026) — 12% Below Median

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ROCO:6263 Planet Technology Corp ROCO:6263
89 GF Score
Price NT$165.50
GF Value NT$154.18
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Planet Technology Altman Z-Score?

Planet Technology ROCO:6263 89 Altman Z-Score is 8.68 as of Aug. 30, 2026, which is 12% below its 10-year median of 9.86. GuruFocus rates ROCO:6263 with a GF Score™ of 89/100 and a GF Value™ of NT$154.18 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,458 Hardware companies, Planet Technology ranks better than 82.42% 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 8.68 is strong.

Planet Technology has a Altman Z-Score of 8.68, 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 Planet Technology's Altman Z-Score or its related term are showing as below:

ROCO:6263' s Altman Z-Score Range Over the Past 10 Years
Min: 6.44   Med: 9.86   Max: 16.22
Current: 8.68

During the past 13 years, Planet Technology's highest Altman Z-Score was 16.22. The lowest was 6.44. And the median was 9.86.


Planet Technology  (ROCO:6263) 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.


Planet Technology Altman Z-Score Related Terms


Planet Technology Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Planet Technology'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.

Planet Technology Altman Z-Score Chart

Planet Technology 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 9.71 10.59 13.18 15.40 14.06

Planet Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.09 14.64 14.06 12.39 8.61

ROCO:6263 vs CSCO, MSI, HPE: Altman Z-Score Comparison

For the Communication Equipment subindustry, Planet Technology'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.


Planet Technology Altman Z-Score vs Hardware Industry

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

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


ROCO:6263
89GF Score
Planet Technology Corp ROCO:6263
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Planet Technology 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.

Planet Technology'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*0.5674+1.4*0.1118+3.3*0.2631+0.6*10.3828+1.0*0.7492
=8.68

* 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 Jun. 2026:
Total Assets was NT$2,553 Mil.
Total Current Assets was NT$2,387 Mil.
Total Current Liabilities was NT$939 Mil.
Retained Earnings was NT$285 Mil.
Pre-Tax Income was 186.958 + 158.235 + 181.618 + 142.94 = NT$670 Mil.
Interest Expense was -0.468 + -0.504 + -0.54 + -0.571 = NT$-2 Mil.
Revenue was 518.809 + 448.681 + 498.243 + 447.222 = NT$1,913 Mil.
Market Cap (Today) was NT$10,344 Mil.
Total Liabilities was NT$996 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
=(2387.18 - 938.569)/2553.292
=0.5674

X2=Retained Earnings/Total Assets
=285.351/2553.292
=0.1118

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(669.751 - -2.083)/2553.292
=0.2631

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=10343.916/996.259
=10.3828

X5=Revenue/Total Assets
=1912.955/2553.292
=0.7492

The zones of discrimination were as such:

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

Planet Technology has a Altman Z-Score of 8.68 indicating it is in Safe 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 8.68 mean?
Planet Technology (ROCO:6263) has a Altman Z-Score of 8.68 as of Aug. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Planet Technology and its competitors. This is 12% below median its historical median of 9.86. Over the past decade, Planet Technology's Altman Z-Score has ranged from 6.44 to 16.22. According to the industry distribution chart, Planet Technology ranks #432 out of 2458 companies in the Hardware industry, placing it in the top 17.6%.
Is Planet Technology's Altman Z-Score too high?
Planet Technology's current Altman Z-Score of 8.68 is 12% below median its 10-year median of 9.86. Over the past 10 years, this metric has ranged from a low of 6.44 to a high of 16.22. The Hardware industry median Altman Z-Score is 3.34. Planet Technology's value of 8.68 is 159.9% above this industry median. Based on the distribution chart, Planet Technology ranks #432 out of 2458 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Planet Technology has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Planet Technology's Altman Z-Score compare to CSCO and MSI?
According to the Hardware industry distribution chart, Planet Technology ranks #432 out of 2458 companies for Altman Z-Score. This places Planet Technology in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.34. Planet Technology's value of 8.68 is 159.9% above this benchmark. Historically, Planet Technology's own Altman Z-Score has ranged from 6.44 to 16.22 over the past decade. While the company's 10-year median is 9.86 vs. the industry median of 3.34, Planet Technology has consistently been above 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 3.34, based on 2,458 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. Planet Technology's current Altman Z-Score of 8.68 is 159.9% above 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 Planet Technology and its competitors. For the Hardware industry, the median Altman Z-Score is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Technology's current Altman Z-Score is 8.68, which is 12% below median its own 10-year median of 9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Technology stock overvalued right now?
Based on GuruFocus' analysis, Planet Technology (ROCO:6263) is currently considered Fairly Valued. The stock's GF Value™ is NT$154.18, compared to a current price of NT$165.50 — trading 7.3% above its estimated fair value. The current Altman Z-Score is 8.68, which is 12% below median its 10-year median of 9.86 and 159.9% above the Hardware industry median of 3.34. Planet Technology's overall GF Score™ is 89/100 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 Planet Technology (ROCO:6263), the current Altman Z-Score is 8.68 as of Aug. 30, 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 Planet Technology (ROCO:6263) Overvalued in 2026?

Based on GuruFocus' analysis, Planet Technology stock appears to be overvalued. The current stock price of NT$165.50 is trading 7.3% above its estimated GF Value™ of NT$154.18. GuruFocus considers Planet Technology to be Fairly Valued.

Key valuation signals for ROCO:6263:

  • Altman Z-Score: 8.68 (12% below median its 10-year median of 9.86)
  • GF Value™: NT$154.18 vs. price of NT$165.50 (7.3% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 159.9% above the Hardware median (#432 of 2458)

No single metric tells the full story. See the ROCO:6263 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Planet Technology Business Description

Address No. 96, Minquan Road, 8th Floor, Xindian District, New Taipei, TWN, 231
Planet Technology Corp is engaged in the business of import and export of computers and peripheral equipment, internet equipment and software, as well as research and development, manufacturing and trading. The Group focuses on the research, development, manufacturing, and sales of network equipment and peripheral equipment, and operates in only a single industry.
89GF Score

Get the complete analysis for ROCO:6263

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

NT$165.50
Price
NT$154.18
GF Value