Acon Optics CommunicationsROCO:6820 -6.23%64 Altman Z-Score is 10.19 as of Jul. 07, 2026, which is 258% above its 10-year median of 2.85. GuruFocus rates ROCO:6820 with a GF Score™ of 64/100 and a GF Value™ of NT$56.58 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,458 Hardware companies, Acon Optics Communications ranks better than 84.3% 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 10.73 is strong.
Acon Optics Communications has a Altman Z-Score of 10.19, 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 Acon Optics Communications's Altman Z-Score or its related term are showing as below:
ROCO:6820'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.09 Med: 2.85 Max: 10.73
Current: 10.73
During the past 9 years, Acon Optics Communications's highest Altman Z-Score was 10.73. The lowest was 2.09. And the median was 2.85.
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.
ROCO:6820 vs CSCO, CIEN, MSI: Altman Z-Score Comparison
For the Communication Equipment subindustry, Acon Optics Communications'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.
Acon Optics Communications Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Acon Optics Communications's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Acon Optics Communications'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.
* 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.
Acon Optics Communications (ROCO:6820) has a Altman Z-Score of 10.19 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Acon Optics Communications and its competitors. This is 258% above median its historical median of 2.85. Over the past decade, Acon Optics Communications' Altman Z-Score has ranged from 2.09 to 10.73. According to the industry distribution chart, Acon Optics Communications ranks #386 out of 2458 companies in the Hardware industry, placing it in the top 15.7%.
Is Acon Optics Communications' Altman Z-Score too high?
Acon Optics Communications' current Altman Z-Score of 10.19 is 258% above median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 10.73. The Hardware industry median Altman Z-Score is 3.64. Acon Optics Communications' value of 10.19 is 179.9% above this industry median. Based on the distribution chart, Acon Optics Communications ranks #386 out of 2458 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Acon Optics Communications has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acon Optics Communications' Altman Z-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Acon Optics Communications ranks #386 out of 2458 companies for Altman Z-Score. This places Acon Optics Communications in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.64. Acon Optics Communications' value of 10.19 is 179.9% above this benchmark. Historically, Acon Optics Communications' own Altman Z-Score has ranged from 2.09 to 10.73 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 3.64, Acon Optics Communications 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.64, based on 2,458 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. Acon Optics Communications's current Altman Z-Score of 10.19 is 179.9% 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 Acon Optics Communications and its competitors. For the Hardware industry, the median Altman Z-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acon Optics Communications's current Altman Z-Score is 10.19, which is 258% above median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acon Optics Communications stock overvalued right now?
Based on GuruFocus' analysis, Acon Optics Communications (ROCO:6820) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$56.58, compared to a current price of NT$241.00 — trading 325.9% above its estimated fair value. The current Altman Z-Score is 10.19, which is 258% above median its 10-year median of 2.85 and 179.9% above the Hardware industry median of 3.64. Acon Optics Communications' overall GF Score™ is 64/100 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 Acon Optics Communications (ROCO:6820), the current Altman Z-Score is 10.19 as of Jul. 07, 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 Acon Optics Communications (ROCO:6820) Overvalued in 2026?
Based on GuruFocus' analysis, Acon Optics Communications stock appears to be overvalued.
The current stock price of NT$241.00 is trading 325.9% above its estimated GF Value™ of NT$56.58.
GuruFocus considers Acon Optics Communications to be Significantly Overvalued.
Key valuation signals for ROCO:6820:
Altman Z-Score: 10.19 (258% above median its 10-year median of 2.85)
GF Value™: NT$56.58 vs. price of NT$241.00 (325.9% above fair value)
Industry Position: 179.9% above the Hardware median (#386 of 2458)
No single metric tells the full story. See the ROCO:6820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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