Chun Yu WorksTPE:2012 -0.67%61 Altman Z-Score is 1.62 as of Jun. 25, 2026, which is 19% below its 10-year median of 2.01. GuruFocus rates TPE:2012 with a GF Score™ of 61/100 and a GF Value™ of NT$19.24 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 615 Steel companies, Chun Yu Works ranks worse than 72.2% 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 1.62 is in distress zone. This implies bankruptcy possibility in the next two years.
Chun Yu Works has a Altman Z-Score of 1.62, 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 Chun Yu Works's Altman Z-Score or its related term are showing as below:
TPE:2012'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.5 Med: 2.01 Max: 2.38
Current: 1.62
During the past 13 years, Chun Yu Works's highest Altman Z-Score was 2.38. The lowest was 1.50. And the median was 2.01.
Chun Yu Works (TPE:2012) 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.
Chun Yu Works Altman Z-Score Related Terms
Chun Yu Works Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Chun Yu Works'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:2012 vs NUE, STLD, RS: Altman Z-Score Comparison
For the Steel subindustry, Chun Yu Works'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.
Chun Yu Works Altman Z-Score vs Steel Industry
For the Steel industry and Basic Materials sector, Chun Yu Works's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Chun Yu Works'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.
Chun Yu Works'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
*
0.3396
+
1.4
*
0.0289
+
3.3
*
0.0296
+
0.6
*
0.5968
+
1.0
*
0.7195
=
1.62
* 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.
Chun Yu Works (TPE:2012) has a Altman Z-Score of 1.62 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Chun Yu Works and its competitors. This is 19% below median its historical median of 2.01. Over the past decade, Chun Yu Works' Altman Z-Score has ranged from 1.50 to 2.38. According to the industry distribution chart, Chun Yu Works ranks #444 out of 615 companies in the Steel industry, placing it in the top 72.2%.
Is Chun Yu Works' Altman Z-Score too high?
Chun Yu Works' current Altman Z-Score of 1.62 is 19% below median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 2.38. The Steel industry median Altman Z-Score is 2.47. Chun Yu Works' value of 1.62 is 34.4% below this industry median. Based on the distribution chart, Chun Yu Works ranks #444 out of 615 companies in the Steel industry, which is below the industry midpoint. Overall, Chun Yu Works has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chun Yu Works' Altman Z-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Chun Yu Works ranks #444 out of 615 companies for Altman Z-Score. This places Chun Yu Works in the lower half of its industry. The industry median Altman Z-Score is 2.47. Chun Yu Works' value of 1.62 is 34.4% below this benchmark. Historically, Chun Yu Works' own Altman Z-Score has ranged from 1.50 to 2.38 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.47, Chun Yu Works 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 Steel company?
The median Altman Z-Score among Steel companies is 2.47, based on 615 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. Chun Yu Works's current Altman Z-Score of 1.62 is 34.4% 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 Chun Yu Works and its competitors. For the Steel industry, the median Altman Z-Score is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chun Yu Works's current Altman Z-Score is 1.62, which is 19% below median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chun Yu Works stock overvalued right now?
Based on GuruFocus' analysis, Chun Yu Works (TPE:2012) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.24, compared to a current price of NT$14.90 — trading 22.6% below its estimated fair value. The current Altman Z-Score is 1.62, which is 19% below median its 10-year median of 2.01 and 34.4% below the Steel industry median of 2.47. Chun Yu Works' overall GF Score™ is 61/100 with 9 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 Chun Yu Works (TPE:2012), the current Altman Z-Score is 1.62 as of Jun. 25, 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 Chun Yu Works (TPE:2012) Overvalued in 2026?
Based on GuruFocus' analysis, Chun Yu Works stock appears to be undervalued.
The current stock price of NT$14.90 is trading 22.6% below its estimated GF Value™ of NT$19.24.
GuruFocus considers Chun Yu Works to be Modestly Undervalued.
Key valuation signals for TPE:2012:
Altman Z-Score: 1.62 (19% below median its 10-year median of 2.01)
GF Value™: NT$19.24 vs. price of NT$14.90 (22.6% below fair value)
Industry Position: 34.4% below the Steel median (#444 of 615)
No single metric tells the full story. See the TPE:2012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chun Yu Works & Co Ltd manufactures steel products. The Company is engaged in the manufacture and sales of screws, nuts and wire rods, and other related products. The company's product portfolio comprises aerospace fasteners and medical equipment, automotive fasteners, cold drown wire and annealing wire, bolts, nuts, and self-tapping screws, and others. The group's reportable segment consists of the Screw segment; mainly engaged in the manufacture, process, and trade of screws and nuts. This segment generates the majority of the revenue. The machinery segment is engaged in the manufacture, assembly, and trade of machine tools and chemical machinery. The investment segment engages in general investment.
61GF Score
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