FeedBack TechROCO:8091 69 Altman Z-Score is 8.32 as of Jul. 12, 2026, which is 84% above its 10-year median of 4.52. GuruFocus rates ROCO:8091 with a GF Score™ of 69/100 and a GF Value™ of NT$132.05 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,016 Semiconductors companies, FeedBack Tech ranks better than 64.27% 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 8.32 is strong.
FeedBack Tech has a Altman Z-Score of 8.32, 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 FeedBack Tech's Altman Z-Score or its related term are showing as below:
ROCO:8091'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.47 Med: 4.52 Max: 9.79
Current: 8.32
During the past 13 years, FeedBack Tech's highest Altman Z-Score was 9.79. The lowest was 3.47. And the median was 4.52.
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.
Altman Z-Score does not apply to financial companies.
FeedBack Tech Altman Z-Score Related Terms
FeedBack Tech Altman Z-Score Historical Data
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The historical data trend for FeedBack Tech'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.
ROCO:8091 vs NVDA, AVGO, MU: Altman Z-Score Comparison
For the Semiconductors subindustry, FeedBack Tech'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.
FeedBack Tech Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, FeedBack Tech's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where FeedBack Tech's Altman Z-Score falls into.
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.
FeedBack Tech'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
*
0.2841
+
1.4
*
0.1613
+
3.3
*
0.0828
+
0.6
*
11.7549
+
1.0
*
0.4304
=
8.32
* 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.
FeedBack Tech (ROCO:8091) has a Altman Z-Score of 8.32 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on FeedBack Tech and its competitors. This is 84% above median its historical median of 4.52. Over the past decade, FeedBack Tech's Altman Z-Score has ranged from 3.47 to 9.79. According to the industry distribution chart, FeedBack Tech ranks #363 out of 1016 companies in the Semiconductors industry, placing it in the top 35.7%.
Is FeedBack Tech's Altman Z-Score too high?
FeedBack Tech's current Altman Z-Score of 8.32 is 84% above median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 9.79. The Semiconductors industry median Altman Z-Score is 5.40. FeedBack Tech's value of 8.32 is 54.1% above this industry median. Based on the distribution chart, FeedBack Tech ranks #363 out of 1016 companies in the Semiconductors industry, which is above the industry midpoint. Overall, FeedBack Tech has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FeedBack Tech's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, FeedBack Tech ranks #363 out of 1016 companies for Altman Z-Score. This puts FeedBack Tech in the upper half of its industry. The industry median Altman Z-Score is 5.40. FeedBack Tech's value of 8.32 is 54.1% above this benchmark. Historically, FeedBack Tech's own Altman Z-Score has ranged from 3.47 to 9.79 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 5.40, FeedBack Tech 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.40, based on 1,016 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. FeedBack Tech's current Altman Z-Score of 8.32 is 54.1% 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 FeedBack Tech and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FeedBack Tech's current Altman Z-Score is 8.32, which is 84% above median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FeedBack Tech stock overvalued right now?
Based on GuruFocus' analysis, FeedBack Tech (ROCO:8091) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$132.05, compared to a current price of NT$295.00 — trading 123.4% above its estimated fair value. The current Altman Z-Score is 8.32, which is 84% above median its 10-year median of 4.52 and 54.1% above the Semiconductors industry median of 5.40. FeedBack Tech's overall GF Score™ is 69/100 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 FeedBack Tech (ROCO:8091), the current Altman Z-Score is 8.32 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.
Is FeedBack Tech (ROCO:8091) Overvalued in 2026?
Based on GuruFocus' analysis, FeedBack Tech stock appears to be overvalued.
The current stock price of NT$295.00 is trading 123.4% above its estimated GF Value™ of NT$132.05.
GuruFocus considers FeedBack Tech to be Significantly Overvalued.
Key valuation signals for ROCO:8091:
Altman Z-Score: 8.32 (84% above median its 10-year median of 4.52)
GF Value™: NT$132.05 vs. price of NT$295.00 (123.4% above fair value)
Industry Position: 54.1% above the Semiconductors median (#363 of 1016)
No single metric tells the full story. See the ROCO:8091 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FeedBack Tech Corp is a Taiwan-based company engaged in the manufacture of semiconductor key components. The company offers ion implanters, vacuum equipment, byproduct solutions, and metal-organic vapor phase epitaxies. It also engaged in the trading of electronic machinery and parts. Its products include turbo pumps, welded bellows, source bushing, and gauge controllers.
69GF Score
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