Gordon Auto Body Parts Co (TPE:1524) Altman Z-Score: 2.59 (As of Jul. 05, 2026) — 104% Above Median


TPE:1524 Gordon Auto Body Parts Co Ltd TPE:1524
86 GF Score
Price NT$29.65
GF Value NT$29.29
Valuation Fairly Valued
! 4 Warning Signs
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What is Gordon Auto Body Parts Co Altman Z-Score?

Gordon Auto Body Parts Co TPE:1524 +1.89% 86 Altman Z-Score is 2.59 as of Jul. 05, 2026, which is 104% above its 10-year median of 1.27. GuruFocus rates TPE:1524 with a GF Score™ of 86/100 and a GF Value™ of NT$29.29 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Gordon Auto Body Parts Co ranks better than 50.53% 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 2.59 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.

Gordon Auto Body Parts Co has a Altman Z-Score of 2.59, indicating it is in Grey Zones. This implies that Gordon Auto Body Parts 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 Gordon Auto Body Parts Co's Altman Z-Score or its related term are showing as below:

TPE:1524' s Altman Z-Score Range Over the Past 10 Years
Min: 0.87   Med: 1.27   Max: 3.36
Current: 2.59

During the past 13 years, Gordon Auto Body Parts Co's highest Altman Z-Score was 3.36. The lowest was 0.87. And the median was 1.27.


Gordon Auto Body Parts Co  (TPE:1524) 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.


Gordon Auto Body Parts Co Altman Z-Score Related Terms


Gordon Auto Body Parts Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Gordon Auto Body Parts 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.

Gordon Auto Body Parts Co Altman Z-Score Chart

Gordon Auto Body Parts 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 1.03 1.91 2.46 3.36 2.50

Gordon Auto Body Parts 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 3.36 3.03 2.57 2.55 2.50

TPE:1524 vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, Gordon Auto Body Parts 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.


Gordon Auto Body Parts Co Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gordon Auto Body Parts Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Gordon Auto Body Parts Co's Altman Z-Score falls into.


TPE:1524
86GF Score
Gordon Auto Body Parts Co Ltd TPE:1524
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Gordon Auto Body Parts 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.

Gordon Auto Body Parts 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*0.1586+1.4*0.1965+3.3*0.0817+0.6*2.2449+1.0*0.5059
=2.59

* 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$5,199 Mil.
Total Current Assets was NT$1,655 Mil.
Total Current Liabilities was NT$830 Mil.
Retained Earnings was NT$1,022 Mil.
Pre-Tax Income was 139.273 + 93.136 + -33.214 + 202.242 = NT$401 Mil.
Interest Expense was -6.191 + -5.839 + -5.734 + -5.493 = NT$-23 Mil.
Revenue was 707.708 + 635.203 + 534.844 + 752.356 = NT$2,630 Mil.
Market Cap (Today) was NT$4,901 Mil.
Total Liabilities was NT$2,183 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
=(1654.931 - 830.393)/5199.171
=0.1586

X2=Retained Earnings/Total Assets
=1021.819/5199.171
=0.1965

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(401.437 - -23.257)/5199.171
=0.0817

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4901.453/2183.386
=2.2449

X5=Revenue/Total Assets
=2630.111/5199.171
=0.5059

The zones of discrimination were as such:

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

Gordon Auto Body Parts Co has a Altman Z-Score of 2.59 indicating it is in Grey 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 2.59 mean?
Gordon Auto Body Parts Co (TPE:1524) has a Altman Z-Score of 2.59 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Gordon Auto Body Parts Co and its competitors. This is 104% above median its historical median of 1.27. Over the past decade, Gordon Auto Body Parts Co's Altman Z-Score has ranged from 0.87 to 3.36. According to the industry distribution chart, Gordon Auto Body Parts Co ranks #651 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 49.5%.
Is Gordon Auto Body Parts Co's Altman Z-Score too high?
Gordon Auto Body Parts Co's current Altman Z-Score of 2.59 is 104% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 3.36. The Vehicles & Parts industry median Altman Z-Score is 2.58. Gordon Auto Body Parts Co's value of 2.59 is 0.6% above this industry median. Based on the distribution chart, Gordon Auto Body Parts Co ranks #651 out of 1316 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Gordon Auto Body Parts Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gordon Auto Body Parts Co's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Gordon Auto Body Parts Co ranks #651 out of 1316 companies for Altman Z-Score. This puts Gordon Auto Body Parts Co in the upper half of its industry. The industry median Altman Z-Score is 2.58. Gordon Auto Body Parts Co's value of 2.59 is 0.6% above this benchmark. Historically, Gordon Auto Body Parts Co's own Altman Z-Score has ranged from 0.87 to 3.36 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 2.58, Gordon Auto Body Parts 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.58, based on 1,316 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. Gordon Auto Body Parts Co's current Altman Z-Score of 2.59 is 0.6% 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 Gordon Auto Body Parts Co and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gordon Auto Body Parts Co's current Altman Z-Score is 2.59, which is 104% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gordon Auto Body Parts Co stock overvalued right now?
Based on GuruFocus' analysis, Gordon Auto Body Parts Co (TPE:1524) is currently considered Fairly Valued. The stock's GF Value™ is NT$29.29, compared to a current price of NT$29.65 — trading 1.2% above its estimated fair value. The current Altman Z-Score is 2.59, which is 104% above median its 10-year median of 1.27 and 0.6% above the Vehicles & Parts industry median of 2.58. Gordon Auto Body Parts Co's overall GF Score™ is 86/100 with 4 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 Gordon Auto Body Parts Co (TPE:1524), the current Altman Z-Score is 2.59 as of Jul. 05, 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 Gordon Auto Body Parts Co (TPE:1524) Overvalued in 2026?

Based on GuruFocus' analysis, Gordon Auto Body Parts Co stock appears to be overvalued. The current stock price of NT$29.65 is trading 1.2% above its estimated GF Value™ of NT$29.29. GuruFocus considers Gordon Auto Body Parts Co to be Fairly Valued.

Key valuation signals for TPE:1524:

  • Altman Z-Score: 2.59 (104% above median its 10-year median of 1.27)
  • GF Value™: NT$29.29 vs. price of NT$29.65 (1.2% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 0.6% above the Vehicles & Parts median (#651 of 1316)

No single metric tells the full story. See the TPE:1524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gordon Auto Body Parts Co Business Description

Address No.48, Nieh Hsi Road, Luchu District, Taoyuan, TWN, 338
Gordon Auto Body Parts Co Ltd is principally engaged in the sales of car parts, car doors, fenders, and mold building. The products offered by the company include door, hood, inner fender, mirror, radiator support, side panel, steel bumper, tailgate, and mold building. It earns maximum revenue from the sale of Auto parts. Geographically, the company generates maximum revenue from the United States, followed by Taiwan, Europe, and other regions.
86GF Score

Get the complete analysis for TPE:1524

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

NT$29.65
Price
NT$29.29
GF Value