Feng Chi Biotech (ROCO:6744) Altman Z-Score: 4.70 (As of Jul. 06, 2026) — 10% Below Median


ROCO:6744 Feng Chi Biotech Corp ROCO:6744
82 GF Score
Price NT$15.35
GF Value NT$20.84
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Feng Chi Biotech Altman Z-Score?

Feng Chi Biotech ROCO:6744 -0.97% 82 Altman Z-Score is 4.70 as of Jul. 06, 2026, which is 10% below its 10-year median of 5.23. GuruFocus rates ROCO:6744 with a GF Score™ of 82/100 and a GF Value™ of NT$20.84 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 926 Biotechnology companies, Feng Chi Biotech ranks better than 61.12% 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 4.7 is strong.

Feng Chi Biotech has a Altman Z-Score of 4.70, 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 Feng Chi Biotech's Altman Z-Score or its related term are showing as below:

ROCO:6744' s Altman Z-Score Range Over the Past 10 Years
Min: 4.5   Med: 5.23   Max: 7.56
Current: 4.7

During the past 10 years, Feng Chi Biotech's highest Altman Z-Score was 7.56. The lowest was 4.50. And the median was 5.23.


Feng Chi Biotech  (ROCO:6744) 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.


Feng Chi Biotech Altman Z-Score Related Terms


Feng Chi Biotech Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Feng Chi Biotech'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.

Feng Chi Biotech Altman Z-Score Chart

Feng Chi Biotech 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 6.07 4.50 5.23 4.82 5.18

Feng Chi Biotech Semi-Annual Data
Dec16 Dec17 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 Premium Member Only Premium Member Only 5.23 0.00 4.82 0.00 5.18

ROCO:6744 vs VRTX, REGN, ALNY: Altman Z-Score Comparison

For the Biotechnology subindustry, Feng Chi Biotech'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.


Feng Chi Biotech Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Feng Chi Biotech's Altman Z-Score distribution charts can be found below:

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


ROCO:6744
82GF Score
Feng Chi Biotech Corp ROCO:6744
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Feng Chi Biotech 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.

Feng Chi Biotech'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*0.6508+1.4*0.1119+3.3*0.0594+0.6*4.9241+1.0*0.616
=4.70

* 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$287.9 Mil.
Total Current Assets was NT$232.6 Mil.
Total Current Liabilities was NT$45.2 Mil.
Retained Earnings was NT$32.2 Mil.
Pre-Tax Income was NT$16.9 Mil.
Interest Expense was NT$-0.2 Mil.
Revenue was NT$177.4 Mil.
Market Cap (Today) was NT$236.4 Mil.
Total Liabilities was NT$48.0 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
=(232.587 - 45.211)/287.911
=0.6508

X2=Retained Earnings/Total Assets
=32.226/287.911
=0.1119

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(16.933 - -0.181)/287.911
=0.0594

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=236.390/48.007
=4.9241

X5=Revenue/Total Assets
=177.36/287.911
=0.616

The zones of discrimination were as such:

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

Feng Chi Biotech has a Altman Z-Score of 4.70 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 4.70 mean?
Feng Chi Biotech (ROCO:6744) has a Altman Z-Score of 4.70 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Feng Chi Biotech and its competitors. This is 10% below median its historical median of 5.23. Over the past decade, Feng Chi Biotech's Altman Z-Score has ranged from 4.50 to 7.56. According to the industry distribution chart, Feng Chi Biotech ranks #360 out of 926 companies in the Biotechnology industry, placing it in the top 38.9%.
Is Feng Chi Biotech's Altman Z-Score too high?
Feng Chi Biotech's current Altman Z-Score of 4.70 is 10% below median its 10-year median of 5.23. Over the past 10 years, this metric has ranged from a low of 4.50 to a high of 7.56. The Biotechnology industry median Altman Z-Score is 2.77. Feng Chi Biotech's value of 4.70 is 70% above this industry median. Based on the distribution chart, Feng Chi Biotech ranks #360 out of 926 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Feng Chi Biotech has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Feng Chi Biotech's Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Feng Chi Biotech ranks #360 out of 926 companies for Altman Z-Score. This puts Feng Chi Biotech in the upper half of its industry. The industry median Altman Z-Score is 2.77. Feng Chi Biotech's value of 4.70 is 70% above this benchmark. Historically, Feng Chi Biotech's own Altman Z-Score has ranged from 4.50 to 7.56 over the past decade. While the company's 10-year median is 5.23 vs. the industry median of 2.77, Feng Chi Biotech 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 2.77, based on 926 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. Feng Chi Biotech's current Altman Z-Score of 4.70 is 70% 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 Feng Chi Biotech and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feng Chi Biotech's current Altman Z-Score is 4.70, which is 10% below median its own 10-year median of 5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Chi Biotech stock overvalued right now?
Based on GuruFocus' analysis, Feng Chi Biotech (ROCO:6744) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.84, compared to a current price of NT$15.35 — trading 26.3% below its estimated fair value. The current Altman Z-Score is 4.70, which is 10% below median its 10-year median of 5.23 and 70% above the Biotechnology industry median of 2.77. Feng Chi Biotech's overall GF Score™ is 82/100 with 4 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 Feng Chi Biotech (ROCO:6744), the current Altman Z-Score is 4.70 as of Jul. 06, 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 Feng Chi Biotech (ROCO:6744) Overvalued in 2026?

Based on GuruFocus' analysis, Feng Chi Biotech stock appears to be undervalued. The current stock price of NT$15.35 is trading 26.3% below its estimated GF Value™ of NT$20.84. GuruFocus considers Feng Chi Biotech to be Modestly Undervalued.

Key valuation signals for ROCO:6744:

  • Altman Z-Score: 4.70 (10% below median its 10-year median of 5.23)
  • GF Value™: NT$20.84 vs. price of NT$15.35 (26.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 70% above the Biotechnology median (#360 of 926)

No single metric tells the full story. See the ROCO:6744 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feng Chi Biotech Business Description

Address No. 5, Shaoxing North Street, 5th Floor-1, Zhongzheng District, Taipei City, TWN, 100
Feng Chi Biotech Corp provide promotion and support for clinical testing and molecular genetic medicine research related technologies. The company's products and services include clinical testing, food testing, newborn screening, prenatal screening, iron stomach, interscience, and colony counting.
82GF Score

Get the complete analysis for ROCO:6744

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

NT$15.35
Price
NT$20.84
GF Value