Anderson IndustrialTPE:1528 53 Altman Z-Score is 1.64 as of Jul. 08, 2026, which is 3% above its 10-year median of 1.59. GuruFocus rates TPE:1528 with a GF Score™ of 53/100 and a GF Value™ of NT$9.60 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,007 Industrial Products companies, Anderson Industrial ranks worse than 80.38% 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 1.69 is in distress zone. This implies bankruptcy possibility in the next two years.
Anderson Industrial has a Altman Z-Score of 1.64, 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 Anderson Industrial's Altman Z-Score or its related term are showing as below:
TPE:1528'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.2 Med: 1.59 Max: 1.77
Current: 1.69
During the past 13 years, Anderson Industrial's highest Altman Z-Score was 1.77. The lowest was 1.20. And the median was 1.59.
Anderson Industrial (TPE:1528) 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.
Anderson Industrial Altman Z-Score Related Terms
Anderson Industrial Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Anderson Industrial'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:1528 vs GEV, ETN, PH: Altman Z-Score Comparison
For the Specialty Industrial Machinery subindustry, Anderson Industrial'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.
Anderson Industrial Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Anderson Industrial's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Anderson Industrial'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.
Anderson Industrial'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
*
0.1841
+
1.4
*
-0.0033
+
3.3
*
0.0073
+
0.6
*
1.4381
+
1.0
*
0.5341
=
1.64
* 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.
Anderson Industrial (TPE:1528) has a Altman Z-Score of 1.64 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Anderson Industrial and its competitors. This is near median its historical median of 1.59. Over the past decade, Anderson Industrial's Altman Z-Score has ranged from 1.20 to 1.77. According to the industry distribution chart, Anderson Industrial ranks #2417 out of 3007 companies in the Industrial Products industry, placing it in the top 80.4%.
Is Anderson Industrial's Altman Z-Score too high?
Anderson Industrial's current Altman Z-Score of 1.64 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 1.77. The Industrial Products industry median Altman Z-Score is 3.38. Anderson Industrial's value of 1.64 is 51.5% below this industry median. Based on the distribution chart, Anderson Industrial ranks #2417 out of 3007 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Anderson Industrial has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anderson Industrial's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Anderson Industrial ranks #2417 out of 3007 companies for Altman Z-Score. This places Anderson Industrial in the lower half of its industry. The industry median Altman Z-Score is 3.38. Anderson Industrial's value of 1.64 is 51.5% below this benchmark. Historically, Anderson Industrial's own Altman Z-Score has ranged from 1.20 to 1.77 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 3.38, Anderson Industrial 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 3.38, 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. Anderson Industrial's current Altman Z-Score of 1.64 is 51.5% 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 Anderson Industrial and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anderson Industrial's current Altman Z-Score is 1.64, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anderson Industrial stock overvalued right now?
Based on GuruFocus' analysis, Anderson Industrial (TPE:1528) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.60, compared to a current price of NT$22.80 — trading 137.5% above its estimated fair value. The current Altman Z-Score is 1.64, which is near median its 10-year median of 1.59 and 51.5% below the Industrial Products industry median of 3.38. Anderson Industrial's overall GF Score™ is 53/100 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 Anderson Industrial (TPE:1528), the current Altman Z-Score is 1.64 as of Jul. 08, 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 Anderson Industrial (TPE:1528) Overvalued in 2026?
Based on GuruFocus' analysis, Anderson Industrial stock appears to be overvalued.
The current stock price of NT$22.80 is trading 137.5% above its estimated GF Value™ of NT$9.60.
GuruFocus considers Anderson Industrial to be Significantly Overvalued.
Key valuation signals for TPE:1528:
Altman Z-Score: 1.64 (near median its 10-year median of 1.59)
GF Value™: NT$9.60 vs. price of NT$22.80 (137.5% above fair value)
Industry Position: 51.5% below the Industrial Products median (#2417 of 3007)
No single metric tells the full story. See the TPE:1528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anderson Industrial Corp is mainly engaged in the design, manufacture, sale, import, and export of computer numerical control (CNC) machinery, tooling, lumber, wood panels, and building materials. It serves various industries such as Aerospace, Automotive, Composites Materials, Marine, Railway, Wood, metal, and Other Industries. Some of the products include STRATOS IP Series, ASTRIXX Series, MASS 5 Axis Series, AXXIOM Series, ANDIMAXX Series, and Others. Geographically, the company operates in Asia, Europe, North America, South America, and Others. It derives maximum revenue from Asia.
53GF Score
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