Yulon Nissan Motor Co (TPE:2227) Altman Z-Score: 2.96 (As of Jun. 30, 2026) — 68% Below Median


TPE:2227 Yulon Nissan Motor Co Ltd TPE:2227
70 GF Score
Price NT$49.50
GF Value NT$65.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Yulon Nissan Motor Co Altman Z-Score?

Yulon Nissan Motor Co TPE:2227 +1.43% 70 Altman Z-Score is 2.96 as of Jun. 30, 2026, which is 68% below its 10-year median of 9.32. GuruFocus rates TPE:2227 with a GF Score™ of 70/100 and a GF Value™ of NT$65.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Yulon Nissan Motor Co ranks better than 58.66% 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 2.93 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.

Yulon Nissan Motor Co has a Altman Z-Score of 2.96, indicating it is in Grey Zones. This implies that Yulon Nissan Motor 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 Yulon Nissan Motor Co's Altman Z-Score or its related term are showing as below:

TPE:2227' s Altman Z-Score Range Over the Past 10 Years
Min: 2.93   Med: 9.32   Max: 13.46
Current: 2.93

During the past 13 years, Yulon Nissan Motor Co's highest Altman Z-Score was 13.46. The lowest was 2.93. And the median was 9.32.


Yulon Nissan Motor Co  (TPE:2227) 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.


Yulon Nissan Motor Co Altman Z-Score Related Terms


Yulon Nissan Motor Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Yulon Nissan Motor 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.

Yulon Nissan Motor Co Altman Z-Score Chart

Yulon Nissan Motor 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 9.77 8.11 8.86 4.47 3.18

Yulon Nissan Motor 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 4.47 4.06 2.98 3.28 3.18

TPE:2227 vs TSLA, GM, F: Altman Z-Score Comparison

For the Auto Manufacturers subindustry, Yulon Nissan Motor 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.


Yulon Nissan Motor Co Altman Z-Score vs Vehicles & Parts Industry

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

* The bar in red indicates where Yulon Nissan Motor Co's Altman Z-Score falls into.


TPE:2227
70GF Score
Yulon Nissan Motor Co Ltd TPE:2227
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yulon Nissan Motor 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.

Yulon Nissan Motor 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*0.2384+1.4*0.0402+3.3*0.0234+0.6*3.1242+1.0*0.6624
=2.96

* 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$22,844 Mil.
Total Current Assets was NT$7,115 Mil.
Total Current Liabilities was NT$1,669 Mil.
Retained Earnings was NT$919 Mil.
Pre-Tax Income was 574.893 + 304.594 + -157.225 + -194.715 = NT$528 Mil.
Interest Expense was -1.206 + -1.878 + -1.623 + -1.62 = NT$-6 Mil.
Revenue was 3398.653 + 3510.345 + 3670.772 + 4552.303 = NT$15,132 Mil.
Market Cap (Today) was NT$14,850 Mil.
Total Liabilities was NT$4,753 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
=(7115.242 - 1669.31)/22844.322
=0.2384

X2=Retained Earnings/Total Assets
=918.596/22844.322
=0.0402

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(527.547 - -6.327)/22844.322
=0.0234

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=14850.000/4753.183
=3.1242

X5=Revenue/Total Assets
=15132.073/22844.322
=0.6624

The zones of discrimination were as such:

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

Yulon Nissan Motor Co has a Altman Z-Score of 2.96 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 2.96 mean?
Yulon Nissan Motor Co (TPE:2227) has a Altman Z-Score of 2.96 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Yulon Nissan Motor Co and its competitors. This is 68% below median its historical median of 9.32. Over the past decade, Yulon Nissan Motor Co's Altman Z-Score has ranged from 2.93 to 13.46. According to the industry distribution chart, Yulon Nissan Motor Co ranks #542 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 41.3%.
Is Yulon Nissan Motor Co's Altman Z-Score too high?
Yulon Nissan Motor Co's current Altman Z-Score of 2.96 is 68% below median its 10-year median of 9.32. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 13.46. The Vehicles & Parts industry median Altman Z-Score is 2.54. Yulon Nissan Motor Co's value of 2.96 is 16.5% above this industry median. Based on the distribution chart, Yulon Nissan Motor Co ranks #542 out of 1311 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Yulon Nissan Motor Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yulon Nissan Motor Co's Altman Z-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Yulon Nissan Motor Co ranks #542 out of 1311 companies for Altman Z-Score. This puts Yulon Nissan Motor Co in the upper half of its industry. The industry median Altman Z-Score is 2.54. Yulon Nissan Motor Co's value of 2.96 is 16.5% above this benchmark. Historically, Yulon Nissan Motor Co's own Altman Z-Score has ranged from 2.93 to 13.46 over the past decade. While the company's 10-year median is 9.32 vs. the industry median of 2.54, Yulon Nissan Motor 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 2.54, based on 1,311 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. Yulon Nissan Motor Co's current Altman Z-Score of 2.96 is 16.5% 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 Yulon Nissan Motor Co and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yulon Nissan Motor Co's current Altman Z-Score is 2.96, which is 68% below median its own 10-year median of 9.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yulon Nissan Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Yulon Nissan Motor Co (TPE:2227) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$65.53, compared to a current price of NT$49.50 — trading 24.5% below its estimated fair value. The current Altman Z-Score is 2.96, which is 68% below median its 10-year median of 9.32 and 16.5% above the Vehicles & Parts industry median of 2.54. Yulon Nissan Motor Co's overall GF Score™ is 70/100 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 Yulon Nissan Motor Co (TPE:2227), the current Altman Z-Score is 2.96 as of Jun. 30, 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 Yulon Nissan Motor Co (TPE:2227) Overvalued in 2026?

Based on GuruFocus' analysis, Yulon Nissan Motor Co stock appears to be undervalued. The current stock price of NT$49.50 is trading 24.5% below its estimated GF Value™ of NT$65.53. GuruFocus considers Yulon Nissan Motor Co to be Modestly Undervalued.

Key valuation signals for TPE:2227:

  • Altman Z-Score: 2.96 (68% below median its 10-year median of 9.32)
  • GF Value™: NT$65.53 vs. price of NT$49.50 (24.5% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 16.5% above the Vehicles & Parts median (#542 of 1311)

No single metric tells the full story. See the TPE:2227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yulon Nissan Motor Co Business Description

Address 39-2 Po Kung Keng, Shi Hu Tsuen, San Yi Shiang, Miao Li Hsien, TWN
Yulon Nissan Motor Co Ltd is an automobile company domiciled in Taiwan. The company principally designs, researches, develops, and distributes passenger vehicles, including sedans and recreational vehicles, or RVs; commercial vehicles, such as diesel trucks and diesel chassis; and related components. The company produces vehicles under the Nissan and Infiniti brands, and finished vehicles contribute to the vast majority of its consolidated revenue. The company earns the majority of its revenue from sales made in Taiwan and mainland China.
70GF Score

Get the complete analysis for TPE:2227

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

NT$49.50
Price
NT$65.53
GF Value