Revivegen Co (ROCO:7578) Altman Z-Score: 0.23 (As of Jul. 08, 2026) — 47% Below Median


ROCO:7578 Revivegen Co Ltd ROCO:7578
50 GF Score
Price NT$30.70
GF Value NT$30.82
Valuation Fairly Valued
! 9 Warning Signs
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What is Revivegen Co Altman Z-Score?

Revivegen Co ROCO:7578 +0.66% 50 Altman Z-Score is 0.23 as of Jul. 08, 2026, which is 47% below its 10-year median of 0.43. GuruFocus rates ROCO:7578 with a GF Score™ of 50/100 and a GF Value™ of NT$30.82 (Fairly Valued). The stock has 9 warning signs investors should review. Among 238 Waste Management companies, Revivegen Co ranks worse than 87.82% 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.

Warning Sign:

Altman Z-score of 0.23 is in distress zone. This implies bankruptcy possibility in the next two years.

Revivegen Co has a Altman Z-Score of 0.23, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Revivegen Co's Altman Z-Score or its related term are showing as below:

ROCO:7578' s Altman Z-Score Range Over the Past 10 Years
Min: 0.22   Med: 0.43   Max: 0.94
Current: 0.23

During the past 6 years, Revivegen Co's highest Altman Z-Score was 0.94. The lowest was 0.22. And the median was 0.43.


Revivegen Co  (ROCO:7578) 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.


Revivegen Co Altman Z-Score Related Terms


Revivegen Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Revivegen 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.

Revivegen Co Altman Z-Score Chart

Revivegen Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.94 0.47 0.39 0.22

Revivegen Co Semi-Annual Data
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 0.47 0.00 0.39 0.00 0.22

ROCO:7578 vs WM, RSG, WCN: Altman Z-Score Comparison

For the Waste Management subindustry, Revivegen 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.


Revivegen Co Altman Z-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Revivegen Co's Altman Z-Score distribution charts can be found below:

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


ROCO:7578
50GF Score
Revivegen Co Ltd ROCO:7578
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Revivegen 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.

Revivegen 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*-0.0551+1.4*0.0055+3.3*0.0071+0.6*0.3373+1.0*0.0591
=0.23

* 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$7,942.0 Mil.
Total Current Assets was NT$453.2 Mil.
Total Current Liabilities was NT$891.2 Mil.
Retained Earnings was NT$43.6 Mil.
Pre-Tax Income was NT$26.2 Mil.
Interest Expense was NT$-30.1 Mil.
Revenue was NT$469.2 Mil.
Market Cap (Today) was NT$1,844.3 Mil.
Total Liabilities was NT$5,467.8 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
=(453.232 - 891.161)/7942.045
=-0.0551

X2=Retained Earnings/Total Assets
=43.556/7942.045
=0.0055

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(26.248 - -30.134)/7942.045
=0.0071

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1844.252/5467.814
=0.3373

X5=Revenue/Total Assets
=469.227/7942.045
=0.0591

The zones of discrimination were as such:

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

Revivegen Co has a Altman Z-Score of 0.23 indicating it is in Distress 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 0.23 mean?
Revivegen Co (ROCO:7578) has a Altman Z-Score of 0.23 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Revivegen Co and its competitors. This is 47% below median its historical median of 0.43. Over the past decade, Revivegen Co's Altman Z-Score has ranged from 0.22 to 0.94. According to the industry distribution chart, Revivegen Co ranks #209 out of 238 companies in the Waste Management industry, placing it in the top 87.8%.
Is Revivegen Co's Altman Z-Score too high?
Revivegen Co's current Altman Z-Score of 0.23 is 47% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.94. The Waste Management industry median Altman Z-Score is 2.02. Revivegen Co's value of 0.23 is 88.6% below this industry median. Based on the distribution chart, Revivegen Co ranks #209 out of 238 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Revivegen Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Revivegen Co's Altman Z-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Revivegen Co ranks #209 out of 238 companies for Altman Z-Score. This places Revivegen Co in the lower half of its industry. The industry median Altman Z-Score is 2.02. Revivegen Co's value of 0.23 is 88.6% below this benchmark. Historically, Revivegen Co's own Altman Z-Score has ranged from 0.22 to 0.94 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 2.02, Revivegen Co has consistently been below 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 Waste Management company?
The median Altman Z-Score among Waste Management companies is 2.02, based on 238 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. Revivegen Co's current Altman Z-Score of 0.23 is 88.6% below 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 Revivegen Co and its competitors. For the Waste Management industry, the median Altman Z-Score is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Revivegen Co's current Altman Z-Score is 0.23, which is 47% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revivegen Co stock overvalued right now?
Based on GuruFocus' analysis, Revivegen Co (ROCO:7578) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.82, compared to a current price of NT$30.70 — trading 0.4% below its estimated fair value. The current Altman Z-Score is 0.23, which is 47% below median its 10-year median of 0.43 and 88.6% below the Waste Management industry median of 2.02. Revivegen Co's overall GF Score™ is 50/100 with 9 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 Revivegen Co (ROCO:7578), the current Altman Z-Score is 0.23 as of Jul. 08, 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 Revivegen Co (ROCO:7578) Overvalued in 2026?

Based on GuruFocus' analysis, Revivegen Co stock appears to be undervalued. The current stock price of NT$30.70 is trading 0.4% below its estimated GF Value™ of NT$30.82. GuruFocus considers Revivegen Co to be Fairly Valued.

Key valuation signals for ROCO:7578:

  • Altman Z-Score: 0.23 (47% below median its 10-year median of 0.43)
  • GF Value™: NT$30.82 vs. price of NT$30.70 (0.4% below fair value)
  • GF Score™: 50/100 with 9 warning signs
  • Industry Position: 88.6% below the Waste Management median (#209 of 238)

No single metric tells the full story. See the ROCO:7578 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Revivegen Co Business Description

Address No. 28, Gongyi 1st Road, Liuying District, Tainan, TWN, 736
Revivegen Co Ltd Formerly Revivegen Environmental Technology Co Ltd utilizes the waste solvent produced by electronics, optoelectronics, chemical industry, chemical industry and other industries to distill and recover the waste solvent in the physical treatment process (distillation) of the factory, and then produce recyclable solvent raw materials, which are recycled for industrial use.
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