M31 TechnologyROCO:6643 87 Altman Z-Score is 44.35 as of Jul. 13, 2026, which is 59% above its 10-year median of 27.96. GuruFocus rates ROCO:6643 with a GF Score™ of 87/100 and a GF Value™ of NT$894.38 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,016 Semiconductors companies, M31 Technology ranks better than 92.91% 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 44.35 is strong.
M31 Technology has a Altman Z-Score of 44.35, 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 M31 Technology's Altman Z-Score or its related term are showing as below:
ROCO:6643'
s Altman Z-Score Range Over the Past 10 Years
Min: 19.11 Med: 27.96 Max: 80.52
Current: 44.35
During the past 13 years, M31 Technology's highest Altman Z-Score was 80.52. The lowest was 19.11. And the median was 27.96.
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.
Altman Z-Score does not apply to financial companies.
M31 Technology Altman Z-Score Related Terms
M31 Technology Altman Z-Score Historical Data
* Premium members only.
The historical data trend for M31 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.
ROCO:6643 vs NVDA, AVGO, MU: Altman Z-Score Comparison
For the Semiconductors subindustry, M31 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.
M31 Technology Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, M31 Technology's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where M31 Technology's Altman Z-Score falls into.
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.
M31 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
*
0.458
+
1.4
*
0.227
+
3.3
*
0.044
+
0.6
*
70.8538
+
1.0
*
0.8239
=
44.35
* 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.
M31 Technology (ROCO:6643) has a Altman Z-Score of 44.35 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on M31 Technology and its competitors. This is 59% above median its historical median of 27.96. Over the past decade, M31 Technology's Altman Z-Score has ranged from 19.11 to 80.52. According to the industry distribution chart, M31 Technology ranks #72 out of 1016 companies in the Semiconductors industry, placing it in the top 7.1%.
Is M31 Technology's Altman Z-Score too high?
M31 Technology's current Altman Z-Score of 44.35 is 59% above median its 10-year median of 27.96. Over the past 10 years, this metric has ranged from a low of 19.11 to a high of 80.52. The Semiconductors industry median Altman Z-Score is 5.40. M31 Technology's value of 44.35 is 721.3% above this industry median. Based on the distribution chart, M31 Technology ranks #72 out of 1016 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, M31 Technology has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M31 Technology's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, M31 Technology ranks #72 out of 1016 companies for Altman Z-Score. This places M31 Technology in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 5.40. M31 Technology's value of 44.35 is 721.3% above this benchmark. Historically, M31 Technology's own Altman Z-Score has ranged from 19.11 to 80.52 over the past decade. While the company's 10-year median is 27.96 vs. the industry median of 5.40, M31 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.40, 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. M31 Technology's current Altman Z-Score of 44.35 is 721.3% 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 M31 Technology and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M31 Technology's current Altman Z-Score is 44.35, which is 59% above median its own 10-year median of 27.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M31 Technology stock overvalued right now?
Based on GuruFocus' analysis, M31 Technology (ROCO:6643) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$894.38, compared to a current price of NT$442.00 — trading 50.6% below its estimated fair value. The current Altman Z-Score is 44.35, which is 59% above median its 10-year median of 27.96 and 721.3% above the Semiconductors industry median of 5.40. M31 Technology's overall GF Score™ is 87/100 with 3 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 M31 Technology (ROCO:6643), the current Altman Z-Score is 44.35 as of Jul. 13, 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 M31 Technology (ROCO:6643) Overvalued in 2026?
Based on GuruFocus' analysis, M31 Technology stock appears to be undervalued.
The current stock price of NT$442.00 is trading 50.6% below its estimated GF Value™ of NT$894.38.
GuruFocus considers M31 Technology to be Significantly Undervalued.
Key valuation signals for ROCO:6643:
Altman Z-Score: 44.35 (59% above median its 10-year median of 27.96)
GF Value™: NT$894.38 vs. price of NT$442.00 (50.6% below fair value)
Industry Position: 721.3% above the Semiconductors median (#72 of 1016)
No single metric tells the full story. See the ROCO:6643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M31 Technology Corp is a professional silicon intellectual property (IP) provider. The company focuses on providing high-speed interface IPs, memory compilers, and standard cell library solutions. The company provides customers with differentiated IP solutions. These solutions help customers grasp market opportunities in short design cycles, low manufacturing costs, and high product competitiveness.
87GF Score
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