Foresee Pharmaceuticals CoROCO:6576 58 Altman Z-Score is 12.30 as of Jul. 11, 2026, which is 38% below its 10-year median of 19.73. GuruFocus rates ROCO:6576 with a GF Score™ of 58/100 and a GF Value™ of NT$96.69 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 952 Drug Manufacturers companies, Foresee Pharmaceuticals Co ranks better than 89.39% 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 12.32 is strong.
Foresee Pharmaceuticals Co has a Altman Z-Score of 12.30, 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 Foresee Pharmaceuticals Co's Altman Z-Score or its related term are showing as below:
ROCO:6576'
s Altman Z-Score Range Over the Past 10 Years
Min: 8.23 Med: 19.73 Max: 28.18
Current: 12.32
During the past 12 years, Foresee Pharmaceuticals Co's highest Altman Z-Score was 28.18. The lowest was 8.23. And the median was 19.73.
Foresee Pharmaceuticals Co (ROCO:6576) 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.
For the Drug Manufacturers - Specialty & Generic subindustry, Foresee Pharmaceuticals 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.
Foresee Pharmaceuticals Co Altman Z-Score vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Foresee Pharmaceuticals Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Foresee Pharmaceuticals Co's Altman Z-Score falls into.
Foresee Pharmaceuticals 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.
Foresee Pharmaceuticals Co (ROCO:6576) has a Altman Z-Score of 12.30 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Foresee Pharmaceuticals Co and its competitors. This is 38% below median its historical median of 19.73. Over the past decade, Foresee Pharmaceuticals Co's Altman Z-Score has ranged from 8.23 to 28.18. According to the industry distribution chart, Foresee Pharmaceuticals Co ranks #101 out of 952 companies in the Drug Manufacturers industry, placing it in the top 10.6%.
Is Foresee Pharmaceuticals Co's Altman Z-Score too high?
Foresee Pharmaceuticals Co's current Altman Z-Score of 12.30 is 38% below median its 10-year median of 19.73. Over the past 10 years, this metric has ranged from a low of 8.23 to a high of 28.18. The Drug Manufacturers industry median Altman Z-Score is 3.27. Foresee Pharmaceuticals Co's value of 12.30 is 276.1% above this industry median. Based on the distribution chart, Foresee Pharmaceuticals Co ranks #101 out of 952 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Foresee Pharmaceuticals Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foresee Pharmaceuticals Co's Altman Z-Score compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Foresee Pharmaceuticals Co ranks #101 out of 952 companies for Altman Z-Score. This places Foresee Pharmaceuticals Co in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.27. Foresee Pharmaceuticals Co's value of 12.30 is 276.1% above this benchmark. Historically, Foresee Pharmaceuticals Co's own Altman Z-Score has ranged from 8.23 to 28.18 over the past decade. While the company's 10-year median is 19.73 vs. the industry median of 3.27, Foresee Pharmaceuticals Co 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.27, based on 952 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. Foresee Pharmaceuticals Co's current Altman Z-Score of 12.30 is 276.1% 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 Foresee Pharmaceuticals Co and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foresee Pharmaceuticals Co's current Altman Z-Score is 12.30, which is 38% below median its own 10-year median of 19.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foresee Pharmaceuticals Co stock overvalued right now?
Based on GuruFocus' analysis, Foresee Pharmaceuticals Co (ROCO:6576) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$96.69, compared to a current price of NT$83.10 — trading 14.1% below its estimated fair value. The current Altman Z-Score is 12.30, which is 38% below median its 10-year median of 19.73 and 276.1% above the Drug Manufacturers industry median of 3.27. Foresee Pharmaceuticals Co's overall GF Score™ is 58/100 with 7 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 Foresee Pharmaceuticals Co (ROCO:6576), the current Altman Z-Score is 12.30 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 Foresee Pharmaceuticals Co (ROCO:6576) Overvalued in 2026?
Based on GuruFocus' analysis, Foresee Pharmaceuticals Co stock appears to be undervalued.
The current stock price of NT$83.10 is trading 14.1% below its estimated GF Value™ of NT$96.69.
GuruFocus considers Foresee Pharmaceuticals Co to be Modestly Undervalued.
Key valuation signals for ROCO:6576:
Altman Z-Score: 12.30 (38% below median its 10-year median of 19.73)
GF Value™: NT$96.69 vs. price of NT$83.10 (14.1% below fair value)
Industry Position: 276.1% above the Drug Manufacturers median (#101 of 952)
No single metric tells the full story. See the ROCO:6576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foresee Pharmaceuticals Co Ltd main activity is applying stabilized injectable formulation (SIF) platform technology to produce products for anticancer and treatment of chronic diseases. Its pipeline includes CAMCEVI (Leuprolide, FP-001), FP-014 (Triptorelin), Aderamastat (FP-025, MMP-12 Inhibitor), Linvemastat (FP-020, MMP-12 Inhibitor), and others. The Group operates business only in a single industry of new drug development, and all of its revenue is generated from Taiwan.
58GF Score
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