Wiltrom Co (ROCO:6767) Altman Z-Score: 5.16 (As of Jul. 15, 2026) — 12% Below Median

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ROCO:6767 Wiltrom Co Ltd ROCO:6767
82 GF Score
Price NT$25.45
GF Value NT$29.23
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Wiltrom Co Altman Z-Score?

Wiltrom Co ROCO:6767 -3.60% 82 Altman Z-Score is 5.16 as of Jul. 15, 2026, which is 12% below its 10-year median of 5.88. GuruFocus rates ROCO:6767 with a GF Score™ of 82/100 and a GF Value™ of NT$29.23 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 808 Medical Devices & Instruments companies, Wiltrom Co ranks better than 66.71% 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 5.32 is strong.

Wiltrom Co has a Altman Z-Score of 5.16, 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 Wiltrom Co's Altman Z-Score or its related term are showing as below:

ROCO:6767' s Altman Z-Score Range Over the Past 10 Years
Min: 4.64   Med: 5.88   Max: 13.65
Current: 5.32

During the past 9 years, Wiltrom Co's highest Altman Z-Score was 13.65. The lowest was 4.64. And the median was 5.88.


Wiltrom Co  (ROCO:6767) 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.


Wiltrom Co Altman Z-Score Related Terms


Wiltrom Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Wiltrom 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.

Wiltrom Co Altman Z-Score Chart

Wiltrom Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 5.38 4.64 5.88 6.78 5.58

Wiltrom 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 6.78 7.07 6.12 6.80 5.58

ROCO:6767 vs ABT, SYK, MDT: Altman Z-Score Comparison

For the Medical Devices subindustry, Wiltrom 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.


Wiltrom Co Altman Z-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Wiltrom Co's Altman Z-Score distribution charts can be found below:

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


ROCO:6767
82GF Score
Wiltrom Co Ltd ROCO:6767
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Wiltrom 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.

Wiltrom 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*0.6234+1.4*-0.2031+3.3*-0.0245+0.6*7.2282+1.0*0.4387
=5.16

* 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$710.7 Mil.
Total Current Assets was NT$501.6 Mil.
Total Current Liabilities was NT$58.5 Mil.
Retained Earnings was NT$-144.4 Mil.
Pre-Tax Income was -19.67 + 3.144 + -7.707 + 5.15 = NT$-19.1 Mil.
Interest Expense was -0.413 + -0.415 + -0.41 + -0.406 = NT$-1.6 Mil.
Revenue was 64.324 + 83.209 + 82.535 + 81.706 = NT$311.8 Mil.
Market Cap (Today) was NT$997.2 Mil.
Total Liabilities was NT$138.0 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
=(501.559 - 58.523)/710.685
=0.6234

X2=Retained Earnings/Total Assets
=-144.359/710.685
=-0.2031

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-19.083 - -1.644)/710.685
=-0.0245

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=997.223/137.963
=7.2282

X5=Revenue/Total Assets
=311.774/710.685
=0.4387

The zones of discrimination were as such:

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

Wiltrom Co has a Altman Z-Score of 5.16 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 5.16 mean?
Wiltrom Co (ROCO:6767) has a Altman Z-Score of 5.16 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wiltrom Co and its competitors. This is 12% below median its historical median of 5.88. Over the past decade, Wiltrom Co's Altman Z-Score has ranged from 4.64 to 13.65. According to the industry distribution chart, Wiltrom Co ranks #269 out of 808 companies in the Medical Devices & Instruments industry, placing it in the top 33.3%.
Is Wiltrom Co's Altman Z-Score too high?
Wiltrom Co's current Altman Z-Score of 5.16 is 12% below median its 10-year median of 5.88. Over the past 10 years, this metric has ranged from a low of 4.64 to a high of 13.65. The Medical Devices & Instruments industry median Altman Z-Score is 3.03. Wiltrom Co's value of 5.16 is 70.6% above this industry median. Based on the distribution chart, Wiltrom Co ranks #269 out of 808 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Wiltrom Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wiltrom Co's Altman Z-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Wiltrom Co ranks #269 out of 808 companies for Altman Z-Score. This puts Wiltrom Co in the upper half of its industry. The industry median Altman Z-Score is 3.03. Wiltrom Co's value of 5.16 is 70.6% above this benchmark. Historically, Wiltrom Co's own Altman Z-Score has ranged from 4.64 to 13.65 over the past decade. While the company's 10-year median is 5.88 vs. the industry median of 3.03, Wiltrom 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 Medical Devices & Instruments company?
The median Altman Z-Score among Medical Devices & Instruments companies is 3.03, based on 808 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. Wiltrom Co's current Altman Z-Score of 5.16 is 70.6% 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 Wiltrom Co and its competitors. For the Medical Devices & Instruments industry, the median Altman Z-Score is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wiltrom Co's current Altman Z-Score is 5.16, which is 12% below median its own 10-year median of 5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wiltrom Co stock overvalued right now?
Based on GuruFocus' analysis, Wiltrom Co (ROCO:6767) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$29.23, compared to a current price of NT$25.45 — trading 12.9% below its estimated fair value. The current Altman Z-Score is 5.16, which is 12% below median its 10-year median of 5.88 and 70.6% above the Medical Devices & Instruments industry median of 3.03. Wiltrom Co's overall GF Score™ is 82/100 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 Wiltrom Co (ROCO:6767), the current Altman Z-Score is 5.16 as of Jul. 15, 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 Wiltrom Co (ROCO:6767) Overvalued in 2026?

Based on GuruFocus' analysis, Wiltrom Co stock appears to be undervalued. The current stock price of NT$25.45 is trading 12.9% below its estimated GF Value™ of NT$29.23. GuruFocus considers Wiltrom Co to be Modestly Undervalued.

Key valuation signals for ROCO:6767:

  • Altman Z-Score: 5.16 (12% below median its 10-year median of 5.88)
  • GF Value™: NT$29.23 vs. price of NT$25.45 (12.9% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 70.6% above the Medical Devices & Instruments median (#269 of 808)

No single metric tells the full story. See the ROCO:6767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wiltrom Co Business Description

Address No. 26, Section 2, Shengyi Road, 1st Floor, Hsinchu Science Park, Hsinchu County, Zhubei City, TWN, 30261
Wiltrom Co Ltd is engaged in research and production of medical devices. Its product portfolio consists of a Spinal fixation system, an Interbody fusion system, a Bone graft substitute, and Vertebral body augmentation system among others.
82GF Score

Get the complete analysis for ROCO:6767

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

NT$25.45
Price
NT$29.23
GF Value