King Slide Works CoTPE:2059 +2.94%92 Altman Z-Score is 67.29 as of Jul. 03, 2026, which is 294% above its 10-year median of 17.08. GuruFocus rates TPE:2059 with a GF Score™ of 92/100 and a GF Value™ of NT$3,956.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 426 Furnishings, Fixtures & Appliances companies, King Slide Works Co ranks better than 99.53% 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.
Good Sign:
Altman Z-score of 60.07 is strong.
King Slide Works Co has a Altman Z-Score of 67.29, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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 King Slide Works Co's Altman Z-Score or its related term are showing as below:
TPE:2059'
s Altman Z-Score Range Over the Past 10 Years
Min: 9.12 Med: 17.08 Max: 60.07
Current: 60.07
During the past 13 years, King Slide Works Co's highest Altman Z-Score was 60.07. The lowest was 9.12. And the median was 17.08.
King Slide Works Co (TPE:2059) 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.
King Slide Works Co Altman Z-Score Related Terms
King Slide Works Co Altman Z-Score Historical Data
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The historical data trend for King Slide Works 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:2059 vs SN, SGI, MHK: Altman Z-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.
King Slide Works Co Altman Z-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where King Slide Works 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.
King Slide Works 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
*
0.7018
+
1.4
*
0.6648
+
3.3
*
0.355
+
0.6
*
106.4035
+
1.0
*
0.4988
=
67.29
* 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.
King Slide Works Co (TPE:2059) has a Altman Z-Score of 67.29 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on King Slide Works Co and its competitors. This is 294% above median its historical median of 17.08. Over the past decade, King Slide Works Co's Altman Z-Score has ranged from 9.12 to 60.07. According to the industry distribution chart, King Slide Works Co ranks #2 out of 426 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 0.5%.
Is King Slide Works Co's Altman Z-Score too high?
King Slide Works Co's current Altman Z-Score of 67.29 is 294% above median its 10-year median of 17.08. Over the past 10 years, this metric has ranged from a low of 9.12 to a high of 60.07. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.78. King Slide Works Co's value of 67.29 is 2324.9% above this industry median. Based on the distribution chart, King Slide Works Co ranks #2 out of 426 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, King Slide Works Co has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King Slide Works Co's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, King Slide Works Co ranks #2 out of 426 companies for Altman Z-Score. This places King Slide Works Co in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.78. King Slide Works Co's value of 67.29 is 2324.9% above this benchmark. Historically, King Slide Works Co's own Altman Z-Score has ranged from 9.12 to 60.07 over the past decade. While the company's 10-year median is 17.08 vs. the industry median of 2.78, King Slide Works 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.78, based on 426 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. King Slide Works Co's current Altman Z-Score of 67.29 is 2324.9% 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 King Slide Works Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Slide Works Co's current Altman Z-Score is 67.29, which is 294% above median its own 10-year median of 17.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Slide Works Co stock overvalued right now?
Based on GuruFocus' analysis, King Slide Works Co (TPE:2059) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3,956.46, compared to a current price of NT$7,880.00 — trading 99.2% above its estimated fair value. The current Altman Z-Score is 67.29, which is 294% above median its 10-year median of 17.08 and 2324.9% above the Furnishings, Fixtures & Appliances industry median of 2.78. King Slide Works Co's overall GF Score™ is 92/100 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 King Slide Works Co (TPE:2059), the current Altman Z-Score is 67.29 as of Jul. 03, 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 King Slide Works Co (TPE:2059) Overvalued in 2026?
Based on GuruFocus' analysis, King Slide Works Co stock appears to be overvalued.
The current stock price of NT$7,880.00 is trading 99.2% above its estimated GF Value™ of NT$3,956.46.
GuruFocus considers King Slide Works Co to be Significantly Overvalued.
Key valuation signals for TPE:2059:
Altman Z-Score: 67.29 (294% above median its 10-year median of 17.08)
GF Value™: NT$3,956.46 vs. price of NT$7,880.00 (99.2% above fair value)
Industry Position: 2324.9% above the Furnishings, Fixtures & Appliances median (#2 of 426)
No single metric tells the full story. See the TPE:2059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
King Slide Works Co Ltd mainly designs, manufactures and sells the following products: Rail kits for cloud computing servers and data devices. Furniture, wooden kitchen accessories, slides and molds. Its segments are King Slide Works Co, King Slide Technology Co, and others. The company generates majority of revenue from King Slide Technology Co, Ltd. mainly R&D, designs and sells the rail kits for servers and network communications equipment. The company has presence in Taiwan, USA, China, and Others. The company generates majority of revenue from USA. The company's products includes Kitchen & Furniture Solutions, Special Applications, Server Rail Kits & CMA, and Consumer Electronics Solutions.
92GF Score
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