Jenn Feng Industrial Tools Co (TPE:1538) Altman Z-Score: 0.80 (As of Jul. 11, 2026) — 45% Above Median


TPE:1538 Jenn Feng Industrial Tools Co Ltd TPE:1538
33 GF Score
Price NT$10.00
GF Value NT$1.48
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Jenn Feng Industrial Tools Co Altman Z-Score?

Jenn Feng Industrial Tools Co TPE:1538 33 Altman Z-Score is 0.80 as of Jul. 11, 2026, which is 45% above its 10-year median of 0.55. GuruFocus rates TPE:1538 with a GF Score™ of 33/100 and a GF Value™ of NT$1.48 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,006 Industrial Products companies, Jenn Feng Industrial Tools Co ranks worse than 88.92% 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 is in distress zone. This implies bankruptcy possibility in the next two years.

Jenn Feng Industrial Tools Co has a Altman Z-Score of 0.80, 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 Jenn Feng Industrial Tools Co's Altman Z-Score or its related term are showing as below:

TPE:1538' s Altman Z-Score Range Over the Past 10 Years
Min: -0.34   Med: 0.55   Max: 6.39
Current: 1

During the past 13 years, Jenn Feng Industrial Tools Co's highest Altman Z-Score was 6.39. The lowest was -0.34. And the median was 0.55.


Jenn Feng Industrial Tools Co  (TPE:1538) 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.


Jenn Feng Industrial Tools Co Altman Z-Score Related Terms


Jenn Feng Industrial Tools Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Jenn Feng Industrial Tools 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.

Jenn Feng Industrial Tools Co Altman Z-Score Chart

Jenn Feng Industrial Tools 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 -0.34 0.82 6.27 6.39 3.33

Jenn Feng Industrial Tools 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 6.39 6.72 5.35 5.12 3.33

TPE:1538 vs SNA, RBC, LECO: Altman Z-Score Comparison

For the Tools & Accessories subindustry, Jenn Feng Industrial Tools 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.


Jenn Feng Industrial Tools Co Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jenn Feng Industrial Tools Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Jenn Feng Industrial Tools Co's Altman Z-Score falls into.


TPE:1538
33GF Score
Jenn Feng Industrial Tools Co Ltd TPE:1538
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jenn Feng Industrial Tools 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.

Jenn Feng Industrial Tools 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*0.0866+1.4*-0.5407+3.3*-0.1947+0.6*2.7431+1.0*0.4473
=0.80

* 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$256.7 Mil.
Total Current Assets was NT$115.2 Mil.
Total Current Liabilities was NT$93.0 Mil.
Retained Earnings was NT$-138.8 Mil.
Pre-Tax Income was -39.763 + -26.591 + 33.918 + -18.68 = NT$-51.1 Mil.
Interest Expense was -0.395 + -0.357 + -0.274 + -0.121 = NT$-1.1 Mil.
Revenue was 22.255 + 31.67 + 30.281 + 30.62 = NT$114.8 Mil.
Market Cap (Today) was NT$323.0 Mil.
Total Liabilities was NT$117.7 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
=(115.223 - 92.984)/256.683
=0.0866

X2=Retained Earnings/Total Assets
=-138.784/256.683
=-0.5407

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-51.116 - -1.147)/256.683
=-0.1947

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=323.000/117.749
=2.7431

X5=Revenue/Total Assets
=114.826/256.683
=0.4473

The zones of discrimination were as such:

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

Jenn Feng Industrial Tools Co has a Altman Z-Score of 0.80 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 0.80 mean?
Jenn Feng Industrial Tools Co (TPE:1538) has a Altman Z-Score of 0.80 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Jenn Feng Industrial Tools Co and its competitors. This is 45% above median its historical median of 0.55. According to the industry distribution chart, Jenn Feng Industrial Tools Co ranks #2673 out of 3006 companies in the Industrial Products industry, placing it in the top 88.9%.
Is Jenn Feng Industrial Tools Co's Altman Z-Score too high?
Jenn Feng Industrial Tools Co's current Altman Z-Score of 0.80 is 45% above median its 10-year median of 0.55. The Industrial Products industry median Altman Z-Score is 3.38. Jenn Feng Industrial Tools Co's value of 0.80 is 76.3% below this industry median. Based on the distribution chart, Jenn Feng Industrial Tools Co ranks #2673 out of 3006 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Jenn Feng Industrial Tools Co has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jenn Feng Industrial Tools Co's Altman Z-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Jenn Feng Industrial Tools Co ranks #2673 out of 3006 companies for Altman Z-Score. This places Jenn Feng Industrial Tools Co in the lower half of its industry. The industry median Altman Z-Score is 3.38. Jenn Feng Industrial Tools Co's value of 0.80 is 76.3% below this benchmark. While the company's 10-year median is 0.55 vs. the industry median of 3.38, Jenn Feng Industrial Tools 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 3.38, based on 3,006 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. Jenn Feng Industrial Tools Co's current Altman Z-Score of 0.80 is 76.3% 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 Jenn Feng Industrial Tools Co 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. Jenn Feng Industrial Tools Co's current Altman Z-Score is 0.80, which is 45% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jenn Feng Industrial Tools Co stock overvalued right now?
Based on GuruFocus' analysis, Jenn Feng Industrial Tools Co (TPE:1538) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1.48, compared to a current price of NT$10.00 — trading 575.7% above its estimated fair value. The current Altman Z-Score is 0.80, which is 45% above median its 10-year median of 0.55 and 76.3% below the Industrial Products industry median of 3.38. Jenn Feng Industrial Tools Co's overall GF Score™ is 33/100 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 Jenn Feng Industrial Tools Co (TPE:1538), the current Altman Z-Score is 0.80 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 Jenn Feng Industrial Tools Co (TPE:1538) Overvalued in 2026?

Based on GuruFocus' analysis, Jenn Feng Industrial Tools Co stock appears to be overvalued. The current stock price of NT$10.00 is trading 575.7% above its estimated GF Value™ of NT$1.48. GuruFocus considers Jenn Feng Industrial Tools Co to be Significantly Overvalued.

Key valuation signals for TPE:1538:

  • Altman Z-Score: 0.80 (45% above median its 10-year median of 0.55)
  • GF Value™: NT$1.48 vs. price of NT$10.00 (575.7% above fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 76.3% below the Industrial Products median (#2673 of 3006)

No single metric tells the full story. See the TPE:1538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jenn Feng Industrial Tools Co Business Description

Address Lane. 576, Sec. 6, Minzu Road, No. 28, Zhongli District, Taoyuan City, TWN, 320010
Jenn Feng Industrial Tools Co Ltd is a Taiwan-based company engaged in the manufacturing and sale of electrical tools, hand tools, and gardening tools. The group designs and manufactures power tools, high-intensity discharge (HID) lights, LED lights, and others. The other products manufactured by the group are garden tools, automotive lighting, garden lighting, brushless motors, and other related products.
33GF Score

Get the complete analysis for TPE:1538

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

NT$10.00
Price
NT$1.48
GF Value