Hunya Foods CoTPE:1236 63 Altman Z-Score is 2.24 as of Jul. 11, 2026, which is 22% above its 10-year median of 1.84. GuruFocus rates TPE:1236 with a GF Score™ of 63/100 and a GF Value™ of NT$23.82 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,929 Consumer Packaged Goods companies, Hunya Foods Co ranks worse than 60.71% 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 2.3 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Hunya Foods Co has a Altman Z-Score of 2.24, indicating it is in Grey Zones. This implies that Hunya Foods Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Hunya Foods Co's Altman Z-Score or its related term are showing as below:
TPE:1236'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.53 Med: 1.84 Max: 2.43
Current: 2.3
During the past 13 years, Hunya Foods Co's highest Altman Z-Score was 2.43. The lowest was 1.53. And the median was 1.84.
Hunya Foods Co (TPE:1236) 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.
Altman Z-Score does not apply to financial companies.
Hunya Foods Co Altman Z-Score Related Terms
Hunya Foods Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Hunya Foods 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.
TPE:1236 vs MDLZ, HSY, TR: Altman Z-Score Comparison
For the Confectioners subindustry, Hunya Foods 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.
Hunya Foods Co Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hunya Foods Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Hunya Foods Co'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.
Hunya Foods 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
*
0.0562
+
1.4
*
0.296
+
3.3
*
-0.0043
+
0.6
*
2.1021
+
1.0
*
0.513
=
2.24
* 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.
Hunya Foods Co (TPE:1236) has a Altman Z-Score of 2.24 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hunya Foods Co and its competitors. This is 22% above median its historical median of 1.84. Over the past decade, Hunya Foods Co's Altman Z-Score has ranged from 1.53 to 2.43. According to the industry distribution chart, Hunya Foods Co ranks #1171 out of 1929 companies in the Consumer Packaged Goods industry, placing it in the top 60.7%.
Is Hunya Foods Co's Altman Z-Score too high?
Hunya Foods Co's current Altman Z-Score of 2.24 is 22% above median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 2.43. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Hunya Foods Co's value of 2.24 is 21.4% below this industry median. Based on the distribution chart, Hunya Foods Co ranks #1171 out of 1929 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Hunya Foods Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hunya Foods Co's Altman Z-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Hunya Foods Co ranks #1171 out of 1929 companies for Altman Z-Score. This places Hunya Foods Co in the lower half of its industry. The industry median Altman Z-Score is 2.85. Hunya Foods Co's value of 2.24 is 21.4% below this benchmark. Historically, Hunya Foods Co's own Altman Z-Score has ranged from 1.53 to 2.43 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 2.85, Hunya Foods 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 a Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, based on 1,929 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. Hunya Foods Co's current Altman Z-Score of 2.24 is 21.4% 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 Hunya Foods Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunya Foods Co's current Altman Z-Score is 2.24, which is 22% above median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunya Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Hunya Foods Co (TPE:1236) is currently considered Fairly Valued. The stock's GF Value™ is NT$23.82, compared to a current price of NT$24.55 — trading 3.1% above its estimated fair value. The current Altman Z-Score is 2.24, which is 22% above median its 10-year median of 1.84 and 21.4% below the Consumer Packaged Goods industry median of 2.85. Hunya Foods Co's overall GF Score™ is 63/100 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 Hunya Foods Co (TPE:1236), the current Altman Z-Score is 2.24 as of Jul. 11, 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 Hunya Foods Co (TPE:1236) Overvalued in 2026?
Based on GuruFocus' analysis, Hunya Foods Co stock appears to be overvalued.
The current stock price of NT$24.55 is trading 3.1% above its estimated GF Value™ of NT$23.82.
GuruFocus considers Hunya Foods Co to be Fairly Valued.
Key valuation signals for TPE:1236:
Altman Z-Score: 2.24 (22% above median its 10-year median of 1.84)
GF Value™: NT$23.82 vs. price of NT$24.55 (3.1% above fair value)
Industry Position: 21.4% below the Consumer Packaged Goods median (#1171 of 1929)
No single metric tells the full story. See the TPE:1236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hunya Foods Co Ltd is engaged in the manufacturing, processing, and trading of confectionery, biscuits, chocolates, mooncakes, pastry, bread, and cakes mainly in Taiwan. Its products are marketed under the 77, The Republic of Chocolate, and Rivon brands. The company's operating segments are 77 Operations, Rivon Operations, Chocolate Republic Operating Segment, and Croissant Operations. The 77 Operations segment is responsible for 77 chocolate products, mainly covering various channels such as department stores, supermarkets, convenience stores, etc. The Rivon Operations segment is responsible for the wedding cakes and bakery products of the Rivon brand, mainly through direct sales.
63GF Score
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