Qbic Technology Co (ROCO:6825) Altman Z-Score: 10.50 (As of Jul. 09, 2026) — 133% Above Median


ROCO:6825 Qbic Technology Co Ltd ROCO:6825
92 GF Score
Price NT$44.60
GF Value NT$38.25
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Qbic Technology Co Altman Z-Score?

Qbic Technology Co ROCO:6825 +1.36% 92 Altman Z-Score is 10.50 as of Jul. 09, 2026, which is 133% above its 10-year median of 4.51. GuruFocus rates ROCO:6825 with a GF Score™ of 92/100 and a GF Value™ of NT$38.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,457 Hardware companies, Qbic Technology Co ranks better than 83.92% 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 10.49 is strong.

Qbic Technology Co has a Altman Z-Score of 10.50, 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 Qbic Technology Co's Altman Z-Score or its related term are showing as below:

ROCO:6825' s Altman Z-Score Range Over the Past 10 Years
Min: 3.33   Med: 4.51   Max: 10.49
Current: 10.49

During the past 8 years, Qbic Technology Co's highest Altman Z-Score was 10.49. The lowest was 3.33. And the median was 4.51.


Qbic Technology Co  (ROCO:6825) 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.


Qbic Technology Co Altman Z-Score Related Terms


Qbic Technology Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Qbic Technology 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.

Qbic Technology Co Altman Z-Score Chart

Qbic Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 6.31 3.33 4.41 4.51 9.49

Qbic Technology Co Semi-Annual Data
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 4.41 0.00 4.51 0.00 9.49

ROCO:6825 vs SNDK, DELL, STX: Altman Z-Score Comparison

For the Computer Hardware subindustry, Qbic Technology 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.


Qbic Technology Co Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Qbic Technology Co's Altman Z-Score distribution charts can be found below:

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


ROCO:6825
92GF Score
Qbic Technology Co Ltd ROCO:6825
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Qbic Technology 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.

Qbic Technology 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*0.7832+1.4*0.1106+3.3*0.1256+0.6*13.1691+1.0*1.0859
=10.50

* 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$723.9 Mil.
Total Current Assets was NT$672.0 Mil.
Total Current Liabilities was NT$105.0 Mil.
Retained Earnings was NT$80.1 Mil.
Pre-Tax Income was NT$89.2 Mil.
Interest Expense was NT$-1.8 Mil.
Revenue was NT$786.1 Mil.
Market Cap (Today) was NT$1,500.8 Mil.
Total Liabilities was NT$114.0 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
=(672.043 - 105.04)/723.943
=0.7832

X2=Retained Earnings/Total Assets
=80.092/723.943
=0.1106

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(89.17 - -1.78)/723.943
=0.1256

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1500.835/113.966
=13.1691

X5=Revenue/Total Assets
=786.105/723.943
=1.0859

The zones of discrimination were as such:

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

Qbic Technology Co has a Altman Z-Score of 10.50 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 10.50 mean?
Qbic Technology Co (ROCO:6825) has a Altman Z-Score of 10.50 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Qbic Technology Co and its competitors. This is 133% above median its historical median of 4.51. Over the past decade, Qbic Technology Co's Altman Z-Score has ranged from 3.33 to 10.49. According to the industry distribution chart, Qbic Technology Co ranks #395 out of 2457 companies in the Hardware industry, placing it in the top 16.1%.
Is Qbic Technology Co's Altman Z-Score too high?
Qbic Technology Co's current Altman Z-Score of 10.50 is 133% above median its 10-year median of 4.51. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 10.49. The Hardware industry median Altman Z-Score is 3.64. Qbic Technology Co's value of 10.50 is 188.5% above this industry median. Based on the distribution chart, Qbic Technology Co ranks #395 out of 2457 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Qbic Technology Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qbic Technology Co's Altman Z-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Qbic Technology Co ranks #395 out of 2457 companies for Altman Z-Score. This places Qbic Technology Co in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.64. Qbic Technology Co's value of 10.50 is 188.5% above this benchmark. Historically, Qbic Technology Co's own Altman Z-Score has ranged from 3.33 to 10.49 over the past decade. While the company's 10-year median is 4.51 vs. the industry median of 3.64, Qbic Technology 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.64, based on 2,457 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. Qbic Technology Co's current Altman Z-Score of 10.50 is 188.5% 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 Qbic Technology Co 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. Qbic Technology Co's current Altman Z-Score is 10.50, which is 133% above median its own 10-year median of 4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qbic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qbic Technology Co (ROCO:6825) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$38.25, compared to a current price of NT$44.60 — trading 16.6% above its estimated fair value. The current Altman Z-Score is 10.50, which is 133% above median its 10-year median of 4.51 and 188.5% above the Hardware industry median of 3.64. Qbic Technology Co's overall GF Score™ is 92/100 with 5 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 Qbic Technology Co (ROCO:6825), the current Altman Z-Score is 10.50 as of Jul. 09, 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 Qbic Technology Co (ROCO:6825) Overvalued in 2026?

Based on GuruFocus' analysis, Qbic Technology Co stock appears to be overvalued. The current stock price of NT$44.60 is trading 16.6% above its estimated GF Value™ of NT$38.25. GuruFocus considers Qbic Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:6825:

  • Altman Z-Score: 10.50 (133% above median its 10-year median of 4.51)
  • GF Value™: NT$38.25 vs. price of NT$44.60 (16.6% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 188.5% above the Hardware median (#395 of 2457)

No single metric tells the full story. See the ROCO:6825 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qbic Technology Co Business Description

Address Xintai 5th Road, 26th Floor-12, No. 99, Section 1, Xizhi District, New Taipei City, TWN
Qbic Technology Co Ltd principally engaged in the sale of tablet computers, as well as the provision of related design and manufacturing services. The company has single segment. The group operating mainly in two geographical areas - domestic and the United States. The company's solutions include Office, Residential, Retail, Education, Hospitality.
92GF Score

Get the complete analysis for ROCO:6825

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

NT$44.60
Price
NT$38.25
GF Value