BioGend Therapeutics Co (ROCO:6733) Altman Z-Score: 35.29 (As of Jul. 14, 2026) — Near Median

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ROCO:6733 BioGend Therapeutics Co Ltd ROCO:6733
73 GF Score
Price NT$25.35
GF Value NT$70.22
Valuation Significantly Undervalued
! 1 Warning Sign
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What is BioGend Therapeutics Co Altman Z-Score?

BioGend Therapeutics Co ROCO:6733 -2.50% 73 Altman Z-Score is 35.29 as of Jul. 14, 2026, which is 7% below its 10-year median of 37.91. GuruFocus rates ROCO:6733 with a GF Score™ of 73/100 and a GF Value™ of NT$70.22 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 928 Biotechnology companies, BioGend Therapeutics Co ranks better than 93.1% 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 36.69 is strong.

BioGend Therapeutics Co has a Altman Z-Score of 35.29, 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 BioGend Therapeutics Co's Altman Z-Score or its related term are showing as below:

ROCO:6733' s Altman Z-Score Range Over the Past 10 Years
Min: 14.46   Med: 37.91   Max: 101.53
Current: 36.69

During the past 10 years, BioGend Therapeutics Co's highest Altman Z-Score was 101.53. The lowest was 14.46. And the median was 37.91.


BioGend Therapeutics Co  (ROCO:6733) 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.


BioGend Therapeutics Co Altman Z-Score Related Terms


BioGend Therapeutics Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for BioGend Therapeutics Co'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.

BioGend Therapeutics Co Altman Z-Score Chart

BioGend Therapeutics Co 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 20.46 14.46 30.20 37.91 49.53

BioGend Therapeutics Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.91 40.84 38.32 52.44 49.53

ROCO:6733 vs VRTX, REGN, ALNY: Altman Z-Score Comparison

For the Biotechnology subindustry, BioGend Therapeutics 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.


BioGend Therapeutics Co Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BioGend Therapeutics Co's Altman Z-Score distribution charts can be found below:

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


ROCO:6733
73GF Score
BioGend Therapeutics Co Ltd ROCO:6733
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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BioGend Therapeutics 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.

BioGend Therapeutics Co'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*0.7362+1.4*-0.5923+3.3*-0.1269+0.6*58.9707+1.0*0.2727
=35.29

* 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$815.4 Mil.
Total Current Assets was NT$636.4 Mil.
Total Current Liabilities was NT$36.2 Mil.
Retained Earnings was NT$-482.9 Mil.
Pre-Tax Income was -25.809 + -11.241 + -28.086 + -38.474 = NT$-103.6 Mil.
Interest Expense was -0.038 + -0.033 + -0.038 + -0.042 = NT$-0.2 Mil.
Revenue was 60.485 + 61.663 + 52.717 + 47.472 = NT$222.3 Mil.
Market Cap (Today) was NT$3,404.9 Mil.
Total Liabilities was NT$57.7 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
=(636.43 - 36.163)/815.378
=0.7362

X2=Retained Earnings/Total Assets
=-482.927/815.378
=-0.5923

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-103.61 - -0.151)/815.378
=-0.1269

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3404.911/57.739
=58.9707

X5=Revenue/Total Assets
=222.337/815.378
=0.2727

The zones of discrimination were as such:

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

BioGend Therapeutics Co has a Altman Z-Score of 35.29 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 35.29 mean?
BioGend Therapeutics Co (ROCO:6733) has a Altman Z-Score of 35.29 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on BioGend Therapeutics Co and its competitors. This is near median its historical median of 37.91. Over the past decade, BioGend Therapeutics Co's Altman Z-Score has ranged from 14.46 to 101.53. According to the industry distribution chart, BioGend Therapeutics Co ranks #64 out of 928 companies in the Biotechnology industry, placing it in the top 6.9%.
Is BioGend Therapeutics Co's Altman Z-Score too high?
BioGend Therapeutics Co's current Altman Z-Score of 35.29 is near median its 10-year median of 37.91. Over the past 10 years, this metric has ranged from a low of 14.46 to a high of 101.53. The Biotechnology industry median Altman Z-Score is 2.69. BioGend Therapeutics Co's value of 35.29 is 1211.9% above this industry median. Based on the distribution chart, BioGend Therapeutics Co ranks #64 out of 928 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, BioGend Therapeutics Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BioGend Therapeutics Co's Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, BioGend Therapeutics Co ranks #64 out of 928 companies for Altman Z-Score. This places BioGend Therapeutics Co in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.69. BioGend Therapeutics Co's value of 35.29 is 1211.9% above this benchmark. Historically, BioGend Therapeutics Co's own Altman Z-Score has ranged from 14.46 to 101.53 over the past decade. While the company's 10-year median is 37.91 vs. the industry median of 2.69, BioGend Therapeutics 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.69, based on 928 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. BioGend Therapeutics Co's current Altman Z-Score of 35.29 is 1211.9% 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 BioGend Therapeutics Co and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BioGend Therapeutics Co's current Altman Z-Score is 35.29, which is near median its own 10-year median of 37.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BioGend Therapeutics Co stock overvalued right now?
Based on GuruFocus' analysis, BioGend Therapeutics Co (ROCO:6733) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$70.22, compared to a current price of NT$25.35 — trading 63.9% below its estimated fair value. The current Altman Z-Score is 35.29, which is near median its 10-year median of 37.91 and 1211.9% above the Biotechnology industry median of 2.69. BioGend Therapeutics Co's overall GF Score™ is 73/100 with 1 warning sign 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 BioGend Therapeutics Co (ROCO:6733), the current Altman Z-Score is 35.29 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.

Is BioGend Therapeutics Co (ROCO:6733) Overvalued in 2026?

Based on GuruFocus' analysis, BioGend Therapeutics Co stock appears to be undervalued. The current stock price of NT$25.35 is trading 63.9% below its estimated GF Value™ of NT$70.22. GuruFocus considers BioGend Therapeutics Co to be Significantly Undervalued.

Key valuation signals for ROCO:6733:

  • Altman Z-Score: 35.29 (near median its 10-year median of 37.91)
  • GF Value™: NT$70.22 vs. price of NT$25.35 (63.9% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 1211.9% above the Biotechnology median (#64 of 928)

No single metric tells the full story. See the ROCO:6733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BioGend Therapeutics Co Business Description

Address Park Street, 4th Floor, No. 3-2, Nangang District, Taipei, TWN, 115
BioGend Therapeutics Co Ltd is a Taiwan-based company involved in the research and development of orthopedic medical equipment and related products, and the sale of related products. It is involved in the research and development of inventive cartilage repair technology and products, adipose stem cell extraction technology, and others. Geographically, the company generates a majority of its revenue from Taiwan, followed by China, Malaysia, and other regions.
73GF Score

Get the complete analysis for ROCO:6733

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

NT$25.35
Price
NT$70.22
GF Value