FullHope Biomedical Co (ROCO:7773) Altman Z-Score: 32.36 (As of Jul. 12, 2026) — 11% Below Median


ROCO:7773 FullHope Biomedical Co Ltd ROCO:7773
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What is FullHope Biomedical Co Altman Z-Score?

FullHope Biomedical Co ROCO:7773 14 Altman Z-Score is 32.36 as of Jul. 12, 2026, which is 11% below its 10-year median of 36.16. GuruFocus rates ROCO:7773 with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 928 Biotechnology companies, FullHope Biomedical Co ranks better than 92.03% 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 32.36 is strong.

FullHope Biomedical Co has a Altman Z-Score of 32.36, 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 FullHope Biomedical Co's Altman Z-Score or its related term are showing as below:

ROCO:7773' s Altman Z-Score Range Over the Past 10 Years
Min: 32.36   Med: 36.16   Max: 36.48
Current: 32.36

During the past 5 years, FullHope Biomedical Co's highest Altman Z-Score was 36.48. The lowest was 32.36. And the median was 36.16.


FullHope Biomedical Co  (ROCO:7773) 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.


FullHope Biomedical Co Altman Z-Score Related Terms


FullHope Biomedical Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for FullHope Biomedical 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.

FullHope Biomedical Co Altman Z-Score Chart

FullHope Biomedical Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 36.48 35.83

FullHope Biomedical Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 36.48 0.00 35.83

ROCO:7773 vs VRTX, REGN, ALNY: Altman Z-Score Comparison

For the Biotechnology subindustry, FullHope Biomedical 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.


FullHope Biomedical Co Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, FullHope Biomedical Co's Altman Z-Score distribution charts can be found below:

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


ROCO:7773
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FullHope Biomedical Co Ltd ROCO:7773
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FullHope Biomedical 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.

FullHope Biomedical 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*0.5706+1.4*-0.0682+3.3*-0.0676+0.6*53.2034+1.0*0.0763
=32.36

* 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$571.45 Mil.
Total Current Assets was NT$343.30 Mil.
Total Current Liabilities was NT$17.23 Mil.
Retained Earnings was NT$-38.95 Mil.
Pre-Tax Income was NT$-38.95 Mil.
Interest Expense was NT$-0.34 Mil.
Revenue was NT$43.60 Mil.
Market Cap (Today) was NT$1,103.55 Mil.
Total Liabilities was NT$20.74 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
=(343.302 - 17.229)/571.447
=0.5706

X2=Retained Earnings/Total Assets
=-38.946/571.447
=-0.0682

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-38.946 - -0.34)/571.447
=-0.0676

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1103.545/20.742
=53.2034

X5=Revenue/Total Assets
=43.6/571.447
=0.0763

The zones of discrimination were as such:

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

FullHope Biomedical Co has a Altman Z-Score of 32.36 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 32.36 mean?
FullHope Biomedical Co (ROCO:7773) has a Altman Z-Score of 32.36 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on FullHope Biomedical Co and its competitors. This is 11% below median its historical median of 36.16. Over the past decade, FullHope Biomedical Co's Altman Z-Score has ranged from 32.36 to 36.48. According to the industry distribution chart, FullHope Biomedical Co ranks #74 out of 928 companies in the Biotechnology industry, placing it in the top 8%.
Is FullHope Biomedical Co's Altman Z-Score too high?
FullHope Biomedical Co's current Altman Z-Score of 32.36 is 11% below median its 10-year median of 36.16. Over the past 10 years, this metric has ranged from a low of 32.36 to a high of 36.48. The Biotechnology industry median Altman Z-Score is 2.69. FullHope Biomedical Co's value of 32.36 is 1103% above this industry median. Based on the distribution chart, FullHope Biomedical Co ranks #74 out of 928 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, FullHope Biomedical Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does FullHope Biomedical Co's Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, FullHope Biomedical Co ranks #74 out of 928 companies for Altman Z-Score. This places FullHope Biomedical Co in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.69. FullHope Biomedical Co's value of 32.36 is 1103% above this benchmark. Historically, FullHope Biomedical Co's own Altman Z-Score has ranged from 32.36 to 36.48 over the past decade. While the company's 10-year median is 36.16 vs. the industry median of 2.69, FullHope Biomedical 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.69, based on 928 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. FullHope Biomedical Co's current Altman Z-Score of 32.36 is 1103% 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 FullHope Biomedical Co and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FullHope Biomedical Co's current Altman Z-Score is 32.36, which is 11% below median its own 10-year median of 36.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FullHope Biomedical Co stock overvalued right now?
FullHope Biomedical Co (ROCO:7773) has a current Altman Z-Score of 32.36. The current Altman Z-Score is 32.36, which is 11% below median its 10-year median of 36.16 and 1103% above the Biotechnology industry median of 2.69. FullHope Biomedical Co's overall GF Score™ is 14/100 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 FullHope Biomedical Co (ROCO:7773), the current Altman Z-Score is 32.36 as of Jul. 12, 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.

FullHope Biomedical Co Business Description

Address Lane 609, Sector. 5, Chongxin Road, 10th Floor, No. 10, Sanchong District, New Taipei City, TWN
FullHope Biomedical Co Ltd focuses on immune system-related services and innovative R&D. It establishes cell-based immunotherapies for cancers and autoimmune disorders. Its services are, Immunoprofiling, Circulating Tumor Cells Testing, Regulation of Cell Therapy, Contracting Immune Cell Manufacturing, Immune Cell Bank, Contract Research Organization, and Endotoxin and Mycoplasma Detection Service.
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