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Jiin Yeeh Ding Enterprise CoROCO:8390 -1.46%78 Altman Z-Score is 10.15 as of Jul. 24, 2026, which is 74% above its 10-year median of 5.84. GuruFocus rates ROCO:8390 with a GF Score™ of 78/100 and a GF Value™ of NT$68.61 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 236 Waste Management companies, Jiin Yeeh Ding Enterprise Co ranks better than 93.22% 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 10.11 is strong.
Jiin Yeeh Ding Enterprise Co has a Altman Z-Score of 10.15, 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 Jiin Yeeh Ding Enterprise Co's Altman Z-Score or its related term are showing as below:
ROCO:8390'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.48 Med: 5.84 Max: 10.11
Current: 10.11
During the past 13 years, Jiin Yeeh Ding Enterprise Co's highest Altman Z-Score was 10.11. The lowest was 2.48. And the median was 5.84.
Jiin Yeeh Ding Enterprise Co (ROCO:8390) 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.
* 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:8390 vs WM, RSG, WCN: Altman Z-Score Comparison
For the Waste Management subindustry, Jiin Yeeh Ding Enterprise 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.
Jiin Yeeh Ding Enterprise Co Altman Z-Score vs Waste Management Industry
For the Waste Management industry and Industrials sector, Jiin Yeeh Ding Enterprise Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Jiin Yeeh Ding Enterprise Co's Altman Z-Score falls into.
Jiin Yeeh Ding Enterprise 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.
* 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.
Jiin Yeeh Ding Enterprise Co (ROCO:8390) has a Altman Z-Score of 10.15 as of Jul. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Jiin Yeeh Ding Enterprise Co and its competitors. This is 74% above median its historical median of 5.84. Over the past decade, Jiin Yeeh Ding Enterprise Co's Altman Z-Score has ranged from 2.48 to 10.11. According to the industry distribution chart, Jiin Yeeh Ding Enterprise Co ranks #16 out of 236 companies in the Waste Management industry, placing it in the top 6.8%.
Is Jiin Yeeh Ding Enterprise Co's Altman Z-Score too high?
Jiin Yeeh Ding Enterprise Co's current Altman Z-Score of 10.15 is 74% above median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 10.11. The Waste Management industry median Altman Z-Score is 2.00. Jiin Yeeh Ding Enterprise Co's value of 10.15 is 407.5% above this industry median. Based on the distribution chart, Jiin Yeeh Ding Enterprise Co ranks #16 out of 236 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Jiin Yeeh Ding Enterprise Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiin Yeeh Ding Enterprise Co's Altman Z-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Jiin Yeeh Ding Enterprise Co ranks #16 out of 236 companies for Altman Z-Score. This places Jiin Yeeh Ding Enterprise Co in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.00. Jiin Yeeh Ding Enterprise Co's value of 10.15 is 407.5% above this benchmark. Historically, Jiin Yeeh Ding Enterprise Co's own Altman Z-Score has ranged from 2.48 to 10.11 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 2.00, Jiin Yeeh Ding Enterprise 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 Waste Management company?
The median Altman Z-Score among Waste Management companies is 2.00, based on 236 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. Jiin Yeeh Ding Enterprise Co's current Altman Z-Score of 10.15 is 407.5% 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 Jiin Yeeh Ding Enterprise Co and its competitors. For the Waste Management industry, the median Altman Z-Score is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiin Yeeh Ding Enterprise Co's current Altman Z-Score is 10.15, which is 74% above median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiin Yeeh Ding Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Jiin Yeeh Ding Enterprise Co (ROCO:8390) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$68.61, compared to a current price of NT$94.80 — trading 38.2% above its estimated fair value. The current Altman Z-Score is 10.15, which is 74% above median its 10-year median of 5.84 and 407.5% above the Waste Management industry median of 2.00. Jiin Yeeh Ding Enterprise Co's overall GF Score™ is 78/100 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 Jiin Yeeh Ding Enterprise Co (ROCO:8390), the current Altman Z-Score is 10.15 as of Jul. 24, 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 Jiin Yeeh Ding Enterprise Co (ROCO:8390) Overvalued in 2026?
Based on GuruFocus' analysis, Jiin Yeeh Ding Enterprise Co stock appears to be overvalued.
The current stock price of NT$94.80 is trading 38.2% above its estimated GF Value™ of NT$68.61.
GuruFocus considers Jiin Yeeh Ding Enterprise Co to be Significantly Overvalued.
Key valuation signals for ROCO:8390:
Altman Z-Score: 10.15 (74% above median its 10-year median of 5.84)
GF Value™: NT$68.61 vs. price of NT$94.80 (38.2% above fair value)
Industry Position: 407.5% above the Waste Management median (#16 of 236)
No single metric tells the full story. See the ROCO:8390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiin Yeeh Ding Enterprise Co Ltd is engaged in metal recycling and processing, scrap metal trading, and electronic waste removal and processing. The group generates maximum revenue from the sale of recycled copper, followed by gold and mixed metal, including gold, and other products. Geographically, it derives maximum revenue from Taiwan, and the rest from China, Northeast Asia, Europe, and Southeast Asia.
78GF Score
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