Xu Yuan Packaging Technology Co (ROCO:8421) Altman Z-Score: 1.34 (As of Jul. 14, 2026) — 19% Above Median

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ROCO:8421 Xu Yuan Packaging Technology Co Ltd ROCO:8421
65 GF Score
Price NT$16.85
GF Value NT$13.57
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Xu Yuan Packaging Technology Co Altman Z-Score?

Xu Yuan Packaging Technology Co ROCO:8421 +9.77% 65 Altman Z-Score is 1.34 as of Jul. 14, 2026, which is 19% above its 10-year median of 1.13. GuruFocus rates ROCO:8421 with a GF Score™ of 65/100 and a GF Value™ of NT$13.57 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 3,007 Industrial Products companies, Xu Yuan Packaging Technology Co ranks worse than 86.4% 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 1.27 is in distress zone. This implies bankruptcy possibility in the next two years.

Xu Yuan Packaging Technology Co has a Altman Z-Score of 1.34, 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 Xu Yuan Packaging Technology Co's Altman Z-Score or its related term are showing as below:

ROCO:8421' s Altman Z-Score Range Over the Past 10 Years
Min: 0.15   Med: 1.13   Max: 2.45
Current: 1.27

During the past 13 years, Xu Yuan Packaging Technology Co's highest Altman Z-Score was 2.45. The lowest was 0.15. And the median was 1.13.


Xu Yuan Packaging Technology Co  (ROCO:8421) 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.


Xu Yuan Packaging Technology Co Altman Z-Score Related Terms


Xu Yuan Packaging Technology Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Xu Yuan Packaging 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.

Xu Yuan Packaging Technology Co Altman Z-Score Chart

Xu Yuan Packaging Technology Co 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 0.32 2.45 1.12 1.38 1.26

Xu Yuan Packaging Technology Co 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 1.38 1.32 1.27 1.20 1.26

ROCO:8421 vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Xu Yuan Packaging 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.


Xu Yuan Packaging Technology Co Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xu Yuan Packaging Technology Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Xu Yuan Packaging Technology Co's Altman Z-Score falls into.


ROCO:8421
65GF Score
Xu Yuan Packaging Technology Co Ltd ROCO:8421
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Xu Yuan Packaging 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.

Xu Yuan Packaging 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*0.1519+1.4*0.0447+3.3*0.0054+0.6*0.7814+1.0*0.6129
=1.34

* 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$1,918 Mil.
Total Current Assets was NT$891 Mil.
Total Current Liabilities was NT$600 Mil.
Retained Earnings was NT$86 Mil.
Pre-Tax Income was 3.016 + 6.811 + -36.993 + 6.966 = NT$-20 Mil.
Interest Expense was -12.861 + -6.278 + -5.163 + -6.228 = NT$-31 Mil.
Revenue was 307.943 + 287.566 + 288.335 + 291.462 = NT$1,175 Mil.
Market Cap (Today) was NT$902 Mil.
Total Liabilities was NT$1,155 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
=(890.804 - 599.589)/1917.756
=0.1519

X2=Retained Earnings/Total Assets
=85.637/1917.756
=0.0447

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-20.2 - -30.53)/1917.756
=0.0054

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=902.269/1154.66
=0.7814

X5=Revenue/Total Assets
=1175.306/1917.756
=0.6129

The zones of discrimination were as such:

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

Xu Yuan Packaging Technology Co has a Altman Z-Score of 1.34 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 1.34 mean?
Xu Yuan Packaging Technology Co (ROCO:8421) has a Altman Z-Score of 1.34 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Xu Yuan Packaging Technology Co and its competitors. This is 19% above median its historical median of 1.13. Over the past decade, Xu Yuan Packaging Technology Co's Altman Z-Score has ranged from 0.15 to 2.45. According to the industry distribution chart, Xu Yuan Packaging Technology Co ranks #2598 out of 3007 companies in the Industrial Products industry, placing it in the top 86.4%.
Is Xu Yuan Packaging Technology Co's Altman Z-Score too high?
Xu Yuan Packaging Technology Co's current Altman Z-Score of 1.34 is 19% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 2.45. The Industrial Products industry median Altman Z-Score is 3.32. Xu Yuan Packaging Technology Co's value of 1.34 is 59.6% below this industry median. Based on the distribution chart, Xu Yuan Packaging Technology Co ranks #2598 out of 3007 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Xu Yuan Packaging Technology Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xu Yuan Packaging Technology Co's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Xu Yuan Packaging Technology Co ranks #2598 out of 3007 companies for Altman Z-Score. This places Xu Yuan Packaging Technology Co in the lower half of its industry. The industry median Altman Z-Score is 3.32. Xu Yuan Packaging Technology Co's value of 1.34 is 59.6% below this benchmark. Historically, Xu Yuan Packaging Technology Co's own Altman Z-Score has ranged from 0.15 to 2.45 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 3.32, Xu Yuan Packaging Technology Co has consistently been below 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 Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.32, 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. Xu Yuan Packaging Technology Co's current Altman Z-Score of 1.34 is 59.6% below 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 Xu Yuan Packaging Technology Co and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xu Yuan Packaging Technology Co's current Altman Z-Score is 1.34, which is 19% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xu Yuan Packaging Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Xu Yuan Packaging Technology Co (ROCO:8421) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$13.57, compared to a current price of NT$16.85 — trading 24.2% above its estimated fair value. The current Altman Z-Score is 1.34, which is 19% above median its 10-year median of 1.13 and 59.6% below the Industrial Products industry median of 3.32. Xu Yuan Packaging Technology Co's overall GF Score™ is 65/100 with 7 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 Xu Yuan Packaging Technology Co (ROCO:8421), the current Altman Z-Score is 1.34 as of Jul. 14, 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 Xu Yuan Packaging Technology Co (ROCO:8421) Overvalued in 2026?

Based on GuruFocus' analysis, Xu Yuan Packaging Technology Co stock appears to be overvalued. The current stock price of NT$16.85 is trading 24.2% above its estimated GF Value™ of NT$13.57. GuruFocus considers Xu Yuan Packaging Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:8421:

  • Altman Z-Score: 1.34 (19% above median its 10-year median of 1.13)
  • GF Value™: NT$13.57 vs. price of NT$16.85 (24.2% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 59.6% below the Industrial Products median (#2598 of 3007)

No single metric tells the full story. See the ROCO:8421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xu Yuan Packaging Technology Co Business Description

Address Lane 98, Xinlong Road, No. 10, Alley 33, Xinpu Township, Hsinchu City, TWN, 305046
Xu Yuan Packaging Technology Co Ltd is a Taiwan based company engaged in the manufacturing and sale of heat shrinkable film, tube-sleeping plastic packaging materials, machinery and equipment manufacturing, mould manufacturing and retailing, other chemical product wholesale, product design, and international trade. The company's other products are Label printing, Sleeve (sticker) labeling machines, Transparent film, Royalties, and Others. The main source of income of the company and its subsidiaries is the sales of printed labels and sleeve (stick) labeling machines.
65GF Score

Get the complete analysis for ROCO:8421

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

NT$16.85
Price
NT$13.57
GF Value