Zenithtek (ROCO:7912) Altman Z-Score: 12.94 (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:7912 Zenithtek Inc ROCO:7912
18 GF Score
Price NT$385.00
! 2 Warning Signs
View Full Analysis

What is Zenithtek Altman Z-Score?

Zenithtek ROCO:7912 +5.77% 18 Altman Z-Score is 12.94 as of Aug. 09, 2026. GuruFocus rates ROCO:7912 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 3,007 Industrial Products companies, Zenithtek ranks worse than 33255.7% 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.

Zenithtek has a Altman Z-Score of 12.94, 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 Zenithtek's Altman Z-Score or its related term are showing as below:


Zenithtek  (ROCO:7912) 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.


Zenithtek Altman Z-Score Related Terms


Zenithtek Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Zenithtek'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.

Zenithtek Altman Z-Score Chart

Zenithtek Annual Data
Trend Dec24 Dec25
Altman Z-Score
0.00 0.00

Zenithtek Semi-Annual Data
Dec24 Dec25
Altman Z-Score 0.00 0.00

ROCO:7912 vs VRT, BE: Altman Z-Score Comparison

For the Electrical Equipment & Parts subindustry, Zenithtek'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.


Zenithtek Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zenithtek's Altman Z-Score distribution charts can be found below:

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


ROCO:7912
18GF Score
Zenithtek Inc ROCO:7912
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenithtek 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.

Zenithtek'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*0.485+1.4*0.1704+3.3*0.1392+0.6*17.8298+1.0*0.9583
=12.94

* 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$1,069 Mil.
Total Current Assets was NT$939 Mil.
Total Current Liabilities was NT$421 Mil.
Retained Earnings was NT$182 Mil.
Pre-Tax Income was NT$145 Mil.
Interest Expense was NT$-3 Mil.
Revenue was NT$1,024 Mil.
Market Cap (Today) was NT$8,543 Mil.
Total Liabilities was NT$479 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
=(938.818 - 420.542)/1068.518
=0.485

X2=Retained Earnings/Total Assets
=182.104/1068.518
=0.1704

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(145.301 - -3.468)/1068.518
=0.1392

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=8543.150/479.149
=17.8298

X5=Revenue/Total Assets
=1023.975/1068.518
=0.9583

The zones of discrimination were as such:

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

Zenithtek has a Altman Z-Score of 12.94 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 12.94 mean?
Zenithtek (ROCO:7912) has a Altman Z-Score of 12.94 as of Aug. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Zenithtek and its competitors. According to the industry distribution chart, Zenithtek ranks #999999 out of 3007 companies in the Industrial Products industry.
Is Zenithtek's Altman Z-Score too high?
Zenithtek's current Altman Z-Score is 12.94. The Industrial Products industry median Altman Z-Score is 3.31. Zenithtek's value of 12.94 is 290.9% above this industry median. Based on the distribution chart, Zenithtek ranks #999999 out of 3007 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Zenithtek has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Zenithtek's Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zenithtek ranks #999999 out of 3007 companies for Altman Z-Score. This places Zenithtek in the lower half of its industry. The industry median Altman Z-Score is 3.31. Zenithtek's value of 12.94 is 290.9% above this benchmark. 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.31, based on 3,007 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. Zenithtek's current Altman Z-Score of 12.94 is 290.9% 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 Zenithtek and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenithtek's current Altman Z-Score is 12.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenithtek stock overvalued right now?
Zenithtek (ROCO:7912) has a current Altman Z-Score of 12.94. The current Altman Z-Score is 12.94 and 290.9% above the Industrial Products industry median of 3.31. Zenithtek's overall GF Score™ is 18/100 with 2 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 Zenithtek (ROCO:7912), the current Altman Z-Score is 12.94 as of Aug. 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.

Zenithtek Business Description

Address Zhongyang Road, 6th Floor-6, No.51, Sec. 4, Tucheng District, New Taipei City, TWN, 23675
Zenithtek Inc is a passive component designer and manufacturer in China. Its products are SMD Power Inductor, SMD Molding Power Inductor, Wire Wound Chip Inductor, Thin-Film Type Power Inductor, and Others. It provides Power Design Solution focus on designing and developing magnetic components, putting a lot of research and development (R&D) efforts into Power Inductors, and continually optimizing the inductor manufacturing process to provide the power supply solutions.
18GF Score

Get the complete analysis for ROCO:7912

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

NT$385.00
Price