New Smart Technology Co (ROCO:7825) Altman Z-Score: 4.82 (As of Jul. 20, 2026) — 27% Above Median

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ROCO:7825 New Smart Technology Co Ltd ROCO:7825
23 GF Score
Price NT$73.80
! 1 Warning Sign
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What is New Smart Technology Co Altman Z-Score?

New Smart Technology Co ROCO:7825 -1.20% 23 Altman Z-Score is 4.82 as of Jul. 20, 2026, which is 27% above its 10-year median of 3.80. GuruFocus rates ROCO:7825 with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 2,767 Software companies, New Smart Technology Co ranks better than 67.65% 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 4.82 is strong.

New Smart Technology Co has a Altman Z-Score of 4.82, 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 New Smart Technology Co's Altman Z-Score or its related term are showing as below:

ROCO:7825' s Altman Z-Score Range Over the Past 10 Years
Min: 3.8   Med: 3.8   Max: 4.82
Current: 4.82

During the past 3 years, New Smart Technology Co's highest Altman Z-Score was 4.82. The lowest was 3.80. And the median was 3.80.


New Smart Technology Co  (ROCO:7825) 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.


New Smart Technology Co Altman Z-Score Related Terms


New Smart Technology Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for New Smart 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.

New Smart Technology Co Altman Z-Score Chart

New Smart Technology Co Annual Data
Trend Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 3.80

New Smart Technology Co Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score 0.00 0.00 0.00 0.00 3.80

ROCO:7825 vs MSFT, ORCL, PLTR: Altman Z-Score Comparison

For the Software - Infrastructure subindustry, New Smart 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.


New Smart Technology Co Altman Z-Score vs Software Industry

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

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


ROCO:7825
23GF Score
New Smart Technology Co Ltd ROCO:7825
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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New Smart 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.

New Smart 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*0.4534+1.4*0.1644+3.3*0.1109+0.6*5.2587+1.0*0.5272
=4.82

* 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$748.3 Mil.
Total Current Assets was NT$533.9 Mil.
Total Current Liabilities was NT$194.6 Mil.
Retained Earnings was NT$123.0 Mil.
Pre-Tax Income was NT$80.3 Mil.
Interest Expense was NT$-2.7 Mil.
Revenue was NT$394.5 Mil.
Market Cap (Today) was NT$1,705.8 Mil.
Total Liabilities was NT$324.4 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
=(533.883 - 194.578)/748.335
=0.4534

X2=Retained Earnings/Total Assets
=123.04/748.335
=0.1644

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(80.275 - -2.716)/748.335
=0.1109

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1705.813/324.381
=5.2587

X5=Revenue/Total Assets
=394.502/748.335
=0.5272

The zones of discrimination were as such:

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

New Smart Technology Co has a Altman Z-Score of 4.82 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 4.82 mean?
New Smart Technology Co (ROCO:7825) has a Altman Z-Score of 4.82 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on New Smart Technology Co and its competitors. This is 27% above median its historical median of 3.80. Over the past decade, New Smart Technology Co's Altman Z-Score has ranged from 3.80 to 4.82. According to the industry distribution chart, New Smart Technology Co ranks #895 out of 2767 companies in the Software industry, placing it in the top 32.3%.
Is New Smart Technology Co's Altman Z-Score too high?
New Smart Technology Co's current Altman Z-Score of 4.82 is 27% above median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 4.82. The Software industry median Altman Z-Score is 3.11. New Smart Technology Co's value of 4.82 is 55% above this industry median. Based on the distribution chart, New Smart Technology Co ranks #895 out of 2767 companies in the Software industry, which is above the industry midpoint. Overall, New Smart Technology Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does New Smart Technology Co's Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, New Smart Technology Co ranks #895 out of 2767 companies for Altman Z-Score. This puts New Smart Technology Co in the upper half of its industry. The industry median Altman Z-Score is 3.11. New Smart Technology Co's value of 4.82 is 55% above this benchmark. Historically, New Smart Technology Co's own Altman Z-Score has ranged from 3.80 to 4.82 over the past decade. While the company's 10-year median is 3.80 vs. the industry median of 3.11, New Smart 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 Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,767 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. New Smart Technology Co's current Altman Z-Score of 4.82 is 55% 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 New Smart Technology Co and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Smart Technology Co's current Altman Z-Score is 4.82, which is 27% above median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Smart Technology Co stock overvalued right now?
New Smart Technology Co (ROCO:7825) has a current Altman Z-Score of 4.82. The current Altman Z-Score is 4.82, which is 27% above median its 10-year median of 3.80 and 55% above the Software industry median of 3.11. New Smart Technology Co's overall GF Score™ is 23/100 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 New Smart Technology Co (ROCO:7825), the current Altman Z-Score is 4.82 as of Jul. 20, 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.

New Smart Technology Co Business Description

Address No. 67, Zhouzi Street, 10th Floor, Neihu District, Taipei City, TWN, 11493
New Smart Technology Co Ltd focuses on researching and developing optical imaging technologies, encompassing optical products, automotive electronics, automation equipment, technical solutions, and consulting services. Its products include AI Algorithms, Image quality test system, Optical image detection system, AA optical active precision alignment system, and Smart Manufacturing System Software.
23GF Score

Get the complete analysis for ROCO:7825

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

NT$73.80
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