Image Match Design (ROCO:6563) Altman Z-Score: 4.72 (As of Jul. 14, 2026) — Near Median

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ROCO:6563 Image Match Design Inc ROCO:6563
39 GF Score
Price NT$27.30
! 5 Warning Signs
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What is Image Match Design Altman Z-Score?

Image Match Design ROCO:6563 -4.21% 39 Altman Z-Score is 4.72 as of Jul. 14, 2026, which is 4% below its 10-year median of 4.94. GuruFocus rates ROCO:6563 with a GF Score™ of 39/100. The stock has 5 warning signs investors should review. Among 1,016 Semiconductors companies, Image Match Design ranks worse than 51.28% 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 5.15 is strong.

Image Match Design has a Altman Z-Score of 4.72, 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 Image Match Design's Altman Z-Score or its related term are showing as below:

ROCO:6563' s Altman Z-Score Range Over the Past 10 Years
Min: 4.94   Med: 4.94   Max: 5.15
Current: 5.15

During the past 8 years, Image Match Design's highest Altman Z-Score was 5.15. The lowest was 4.94. And the median was 4.94.


Image Match Design  (ROCO:6563) 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.


Image Match Design Altman Z-Score Related Terms


Image Match Design Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Image Match Design'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.

Image Match Design Altman Z-Score Chart

Image Match Design Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 4.94

Image Match Design Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 0.00 0.00 0.00 4.94

ROCO:6563 vs NVDA, AVGO, MU: Altman Z-Score Comparison

For the Semiconductors subindustry, Image Match Design'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.


Image Match Design Altman Z-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Image Match Design's Altman Z-Score distribution charts can be found below:

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


ROCO:6563
39GF Score
Image Match Design Inc ROCO:6563
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Image Match Design 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.

Image Match Design'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*0.7967+1.4*-0.2704+3.3*-0.1002+0.6*6.9239+1.0*0.3237
=4.72

* 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$403.5 Mil.
Total Current Assets was NT$382.4 Mil.
Total Current Liabilities was NT$60.9 Mil.
Retained Earnings was NT$-109.1 Mil.
Pre-Tax Income was NT$-41.5 Mil.
Interest Expense was NT$-1.1 Mil.
Revenue was NT$130.6 Mil.
Market Cap (Today) was NT$812.0 Mil.
Total Liabilities was NT$117.3 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
=(382.397 - 60.929)/403.517
=0.7967

X2=Retained Earnings/Total Assets
=-109.109/403.517
=-0.2704

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-41.505 - -1.08)/403.517
=-0.1002

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=811.978/117.272
=6.9239

X5=Revenue/Total Assets
=130.608/403.517
=0.3237

The zones of discrimination were as such:

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

Image Match Design has a Altman Z-Score of 4.72 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 4.72 mean?
Image Match Design (ROCO:6563) has a Altman Z-Score of 4.72 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Image Match Design and its competitors. This is near median its historical median of 4.94. Over the past decade, Image Match Design's Altman Z-Score has ranged from 4.94 to 5.15. According to the industry distribution chart, Image Match Design ranks #521 out of 1016 companies in the Semiconductors industry, placing it in the top 51.3%.
Is Image Match Design's Altman Z-Score too high?
Image Match Design's current Altman Z-Score of 4.72 is near median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 4.94 to a high of 5.15. The Semiconductors industry median Altman Z-Score is 5.39. Image Match Design's value of 4.72 is 12.3% below this industry median. Based on the distribution chart, Image Match Design ranks #521 out of 1016 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Image Match Design has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Image Match Design's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Image Match Design ranks #521 out of 1016 companies for Altman Z-Score. This places Image Match Design in the lower half of its industry. The industry median Altman Z-Score is 5.39. Image Match Design's value of 4.72 is 12.3% below this benchmark. Historically, Image Match Design's own Altman Z-Score has ranged from 4.94 to 5.15 over the past decade. While the company's 10-year median is 4.94 vs. the industry median of 5.39, Image Match Design 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 5.39, 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. Image Match Design's current Altman Z-Score of 4.72 is 12.3% 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 Image Match Design and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Image Match Design's current Altman Z-Score is 4.72, which is near median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Match Design stock overvalued right now?
Image Match Design (ROCO:6563) has a current Altman Z-Score of 4.72. The current Altman Z-Score is 4.72, which is near median its 10-year median of 4.94 and 12.3% below the Semiconductors industry median of 5.39. Image Match Design's overall GF Score™ is 39/100 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 Image Match Design (ROCO:6563), the current Altman Z-Score is 4.72 as of Jul. 14, 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.

Image Match Design Business Description

Address No. 200, Zhuangjing 5th Street, Hsinchu County, Zhubei, TWN, 302044
Image Match Design Inc is dedicated to developing sensing technology, and providing customers with developed and various sensor products. Currently, its main product is a capacitive fingerprint sensor IC. Its mission is, 1. To develop inventive sensing technology 2.To provide diverse sensing products. 3. To create a convenient sensing experience. Its products include CYGNOIDES, ROSSII, FABALIS, and INDICUS.
39GF Score

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

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