Leadsun Greentech (ROCO:8087) Altman Z-Score: 1.23 (As of Jul. 13, 2026) — 44% Below Median


ROCO:8087 Leadsun Greentech Corp ROCO:8087
64 GF Score
Price NT$31.50
GF Value NT$24.53
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Leadsun Greentech Altman Z-Score?

Leadsun Greentech ROCO:8087 64 Altman Z-Score is 1.23 as of Jul. 13, 2026, which is 44% below its 10-year median of 2.21. GuruFocus rates ROCO:8087 with a GF Score™ of 64/100 and a GF Value™ of NT$24.53 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 415 Utilities - Independent Power Producers companies, Leadsun Greentech ranks better than 50.36% 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 1.23 is in distress zone. This implies bankruptcy possibility in the next two years.

Leadsun Greentech has a Altman Z-Score of 1.23, 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 Leadsun Greentech's Altman Z-Score or its related term are showing as below:

ROCO:8087' s Altman Z-Score Range Over the Past 10 Years
Min: 1.18   Med: 2.21   Max: 4.07
Current: 1.23

During the past 13 years, Leadsun Greentech's highest Altman Z-Score was 4.07. The lowest was 1.18. And the median was 2.21.


Leadsun Greentech  (ROCO:8087) 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.


Leadsun Greentech Altman Z-Score Related Terms


Leadsun Greentech Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Leadsun Greentech'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.

Leadsun Greentech Altman Z-Score Chart

Leadsun Greentech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.18 2.13 3.09 1.24

Leadsun Greentech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.09 2.75 1.66 1.56 1.24

Leadsun Greentech Altman Z-Score Competitor Comparison

For the Utilities - Renewable subindustry, Leadsun Greentech'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.


Leadsun Greentech Altman Z-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Leadsun Greentech's Altman Z-Score distribution charts can be found below:

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


ROCO:8087
64GF Score
Leadsun Greentech Corp ROCO:8087
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Leadsun Greentech 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.

Leadsun Greentech'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*0.4308+1.4*0.0166+3.3*-0.0244+0.6*1.0676+1.0*0.133
=1.23

* 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$1,890.3 Mil.
Total Current Assets was NT$1,333.0 Mil.
Total Current Liabilities was NT$518.6 Mil.
Retained Earnings was NT$31.3 Mil.
Pre-Tax Income was -17.256 + -15.384 + -24.083 + -4.199 = NT$-60.9 Mil.
Interest Expense was -4.469 + -4.189 + -3.598 + -2.566 = NT$-14.8 Mil.
Revenue was 33.553 + 89.024 + 35.732 + 93.187 = NT$251.5 Mil.
Market Cap (Today) was NT$1,202.8 Mil.
Total Liabilities was NT$1,126.7 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
=(1332.95 - 518.587)/1890.27
=0.4308

X2=Retained Earnings/Total Assets
=31.31/1890.27
=0.0166

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-60.922 - -14.822)/1890.27
=-0.0244

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1202.838/1126.696
=1.0676

X5=Revenue/Total Assets
=251.496/1890.27
=0.133

The zones of discrimination were as such:

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

Leadsun Greentech has a Altman Z-Score of 1.23 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 1.23 mean?
Leadsun Greentech (ROCO:8087) has a Altman Z-Score of 1.23 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Leadsun Greentech and its competitors. This is 44% below median its historical median of 2.21. Over the past decade, Leadsun Greentech's Altman Z-Score has ranged from 1.18 to 4.07. According to the industry distribution chart, Leadsun Greentech ranks #206 out of 415 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.6%.
Is Leadsun Greentech's Altman Z-Score too high?
Leadsun Greentech's current Altman Z-Score of 1.23 is 44% below median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 4.07. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.22. Leadsun Greentech's value of 1.23 is 0.8% above this industry median. Based on the distribution chart, Leadsun Greentech ranks #206 out of 415 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Leadsun Greentech has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leadsun Greentech's Altman Z-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Leadsun Greentech ranks #206 out of 415 companies for Altman Z-Score. This puts Leadsun Greentech in the upper half of its industry. The industry median Altman Z-Score is 1.22. Leadsun Greentech's value of 1.23 is 0.8% above this benchmark. Historically, Leadsun Greentech's own Altman Z-Score has ranged from 1.18 to 4.07 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 1.22, Leadsun Greentech 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 an Utilities - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.22, based on 415 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. Leadsun Greentech's current Altman Z-Score of 1.23 is 0.8% 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 Leadsun Greentech and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leadsun Greentech's current Altman Z-Score is 1.23, which is 44% below median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leadsun Greentech stock overvalued right now?
Based on GuruFocus' analysis, Leadsun Greentech (ROCO:8087) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$24.53, compared to a current price of NT$31.50 — trading 28.4% above its estimated fair value. The current Altman Z-Score is 1.23, which is 44% below median its 10-year median of 2.21 and 0.8% above the Utilities - Independent Power Producers industry median of 1.22. Leadsun Greentech's overall GF Score™ is 64/100 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 Leadsun Greentech (ROCO:8087), the current Altman Z-Score is 1.23 as of Jul. 13, 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 Leadsun Greentech (ROCO:8087) Overvalued in 2026?

Based on GuruFocus' analysis, Leadsun Greentech stock appears to be overvalued. The current stock price of NT$31.50 is trading 28.4% above its estimated GF Value™ of NT$24.53. GuruFocus considers Leadsun Greentech to be Modestly Overvalued.

Key valuation signals for ROCO:8087:

  • Altman Z-Score: 1.23 (44% below median its 10-year median of 2.21)
  • GF Value™: NT$24.53 vs. price of NT$31.50 (28.4% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 0.8% above the Utilities - Independent Power Producers median (#206 of 415)

No single metric tells the full story. See the ROCO:8087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leadsun Greentech Business Description

Address Songgao Road, 10-1st Floor, No. 1, Xinyi District, Taipei, TWN, 110
Leadsun Greentech Corp is engaged in the operation of renewable energy power plant development and planning consultation, the development and construction of power plants for sale, providing energy storage solutions, investment management consultation, etc.
64GF Score

Get the complete analysis for ROCO:8087

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

NT$31.50
Price
NT$24.53
GF Value