Antec (ROCO:6276) Altman Z-Score: 3.66 (As of Jul. 09, 2026) — Near Median


ROCO:6276 Antec Inc ROCO:6276
43 GF Score
Price NT$22.05
GF Value NT$56.34
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Antec Altman Z-Score?

Antec ROCO:6276 -1.56% 43 Altman Z-Score is 3.66 as of Jul. 09, 2026, which is 2% below its 10-year median of 3.72. GuruFocus rates ROCO:6276 with a GF Score™ of 43/100 and a GF Value™ of NT$56.34 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,457 Hardware companies, Antec ranks better than 50.88% 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 3.69 is strong.

Antec has a Altman Z-Score of 3.66, 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 Antec's Altman Z-Score or its related term are showing as below:

ROCO:6276' s Altman Z-Score Range Over the Past 10 Years
Min: 1.16   Med: 3.72   Max: 8.28
Current: 3.69

During the past 13 years, Antec's highest Altman Z-Score was 8.28. The lowest was 1.16. And the median was 3.72.


Antec  (ROCO:6276) 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.


Antec Altman Z-Score Related Terms


Antec Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Antec'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.

Antec Altman Z-Score Chart

Antec Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.53 4.81 4.42 8.28 2.77

Antec Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 3.49 2.77 3.25 4.60 4.41

ROCO:6276 vs APH, GLW: Altman Z-Score Comparison

For the Electronic Components subindustry, Antec'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.


Antec Altman Z-Score vs Hardware Industry

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

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


ROCO:6276
43GF Score
Antec Inc ROCO:6276
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Antec 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.

Antec'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*0.304+1.4*0.0064+3.3*0.0378+0.6*1.2788+1.0*2.3972
=3.66

* 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 Sep. 2025:
Total Assets was NT$603 Mil.
Total Current Assets was NT$527 Mil.
Total Current Liabilities was NT$344 Mil.
Retained Earnings was NT$4 Mil.
Pre-Tax Income was 6.389 + -10.445 + 20.184 + 1.651 = NT$18 Mil.
Interest Expense was -1.263 + -1.23 + -1.318 + -1.161 = NT$-5 Mil.
Revenue was 323.426 + 379.28 + 403.355 + 338.622 = NT$1,445 Mil.
Market Cap (Today) was NT$486 Mil.
Total Liabilities was NT$380 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
=(527.475 - 344.291)/602.649
=0.304

X2=Retained Earnings/Total Assets
=3.858/602.649
=0.0064

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(17.779 - -4.972)/602.649
=0.0378

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=486.048/380.094
=1.2788

X5=Revenue/Total Assets
=1444.683/602.649
=2.3972

The zones of discrimination were as such:

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

Antec has a Altman Z-Score of 3.66 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 3.66 mean?
Antec (ROCO:6276) has a Altman Z-Score of 3.66 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Antec and its competitors. This is near median its historical median of 3.72. Over the past decade, Antec's Altman Z-Score has ranged from 1.16 to 8.28. According to the industry distribution chart, Antec ranks #1207 out of 2457 companies in the Hardware industry, placing it in the top 49.1%.
Is Antec's Altman Z-Score too high?
Antec's current Altman Z-Score of 3.66 is near median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 8.28. The Hardware industry median Altman Z-Score is 3.64. Antec's value of 3.66 is 0.5% above this industry median. Based on the distribution chart, Antec ranks #1207 out of 2457 companies in the Hardware industry, which is above the industry midpoint. Overall, Antec has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Antec's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Antec ranks #1207 out of 2457 companies for Altman Z-Score. This puts Antec in the upper half of its industry. The industry median Altman Z-Score is 3.64. Antec's value of 3.66 is 0.5% above this benchmark. Historically, Antec's own Altman Z-Score has ranged from 1.16 to 8.28 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 3.64, Antec 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 3.64, based on 2,457 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. Antec's current Altman Z-Score of 3.66 is 0.5% 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 Antec 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. Antec's current Altman Z-Score is 3.66, which is near median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antec stock overvalued right now?
Based on GuruFocus' analysis, Antec (ROCO:6276) is currently considered Possible Value Trap. The stock's GF Value™ is NT$56.34, compared to a current price of NT$22.05 — trading 60.9% below its estimated fair value. The current Altman Z-Score is 3.66, which is near median its 10-year median of 3.72 and 0.5% above the Hardware industry median of 3.64. Antec's overall GF Score™ is 43/100 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 Antec (ROCO:6276), the current Altman Z-Score is 3.66 as of Jul. 09, 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 Antec (ROCO:6276) Overvalued in 2026?

Based on GuruFocus' analysis, Antec stock appears to be undervalued. The current stock price of NT$22.05 is trading 60.9% below its estimated GF Value™ of NT$56.34. GuruFocus considers Antec to be Possible Value Trap.

Key valuation signals for ROCO:6276:

  • Altman Z-Score: 3.66 (near median its 10-year median of 3.72)
  • GF Value™: NT$56.34 vs. price of NT$22.05 (60.9% below fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 0.5% above the Hardware median (#1207 of 2457)

No single metric tells the full story. See the ROCO:6276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Antec Business Description

Address No. 107 Zhouzi Street, 8th Floor, Neihu District, Taipei, TWN, 114
Antec Inc. is engaged in designing and manufacturing of various electronic products and components worldwide. It offers power supplies, computer cases, radiator modules, cooling fans, and other products.
43GF Score

Get the complete analysis for ROCO:6276

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

NT$22.05
Price
NT$56.34
GF Value