Cx Technology (TPE:2415) Altman Z-Score: 0.96 (As of Jul. 02, 2026) — 14% Below Median


TPE:2415 Cx Technology Corp TPE:2415
77 GF Score
Price NT$36.95
GF Value NT$27.40
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Cx Technology Altman Z-Score?

Cx Technology TPE:2415 -1.47% 77 Altman Z-Score is 0.96 as of Jul. 02, 2026, which is 14% below its 10-year median of 1.11. GuruFocus rates TPE:2415 with a GF Score™ of 77/100 and a GF Value™ of NT$27.40 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 3,006 Industrial Products companies, Cx Technology ranks worse than 89.32% 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 0.94 is in distress zone. This implies bankruptcy possibility in the next two years.

Cx Technology has a Altman Z-Score of 0.96, 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 Cx Technology's Altman Z-Score or its related term are showing as below:

TPE:2415' s Altman Z-Score Range Over the Past 10 Years
Min: 0.82   Med: 1.11   Max: 1.79
Current: 0.94

During the past 13 years, Cx Technology's highest Altman Z-Score was 1.79. The lowest was 0.82. And the median was 1.11.


Cx Technology  (TPE:2415) 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.


Cx Technology Altman Z-Score Related Terms


Cx Technology Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Cx Technology'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.

Cx Technology Altman Z-Score Chart

Cx Technology 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 1.03 0.82 0.87 1.09 0.87

Cx Technology 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 1.09 0.92 0.91 0.84 0.87

TPE:2415 vs CRS, ATI, MLI: Altman Z-Score Comparison

For the Metal Fabrication subindustry, Cx Technology'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.


Cx Technology Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cx Technology's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Cx Technology's Altman Z-Score falls into.


TPE:2415
77GF Score
Cx Technology Corp TPE:2415
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cx Technology 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.

Cx Technology'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*0.2198+1.4*0.0323+3.3*0.0355+0.6*0.4886+1.0*0.2391
=0.96

* 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$9,895 Mil.
Total Current Assets was NT$8,277 Mil.
Total Current Liabilities was NT$6,102 Mil.
Retained Earnings was NT$319 Mil.
Pre-Tax Income was 72.555 + 126.359 + 74.193 + 44.423 = NT$318 Mil.
Interest Expense was -9.024 + -8.611 + -8.436 + -7.979 = NT$-34 Mil.
Revenue was 621.546 + 621.442 + 583.854 + 538.704 = NT$2,366 Mil.
Market Cap (Today) was NT$3,326 Mil.
Total Liabilities was NT$6,807 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
=(8277.257 - 6102.484)/9895.154
=0.2198

X2=Retained Earnings/Total Assets
=319.468/9895.154
=0.0323

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(317.53 - -34.05)/9895.154
=0.0355

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3325.500/6806.537
=0.4886

X5=Revenue/Total Assets
=2365.546/9895.154
=0.2391

The zones of discrimination were as such:

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

Cx Technology has a Altman Z-Score of 0.96 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 0.96 mean?
Cx Technology (TPE:2415) has a Altman Z-Score of 0.96 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cx Technology and its competitors. This is 14% below median its historical median of 1.11. Over the past decade, Cx Technology's Altman Z-Score has ranged from 0.82 to 1.79. According to the industry distribution chart, Cx Technology ranks #2685 out of 3006 companies in the Industrial Products industry, placing it in the top 89.3%.
Is Cx Technology's Altman Z-Score too high?
Cx Technology's current Altman Z-Score of 0.96 is 14% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 1.79. The Industrial Products industry median Altman Z-Score is 3.34. Cx Technology's value of 0.96 is 71.3% below this industry median. Based on the distribution chart, Cx Technology ranks #2685 out of 3006 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Cx Technology has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cx Technology's Altman Z-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Cx Technology ranks #2685 out of 3006 companies for Altman Z-Score. This places Cx Technology in the lower half of its industry. The industry median Altman Z-Score is 3.34. Cx Technology's value of 0.96 is 71.3% below this benchmark. Historically, Cx Technology's own Altman Z-Score has ranged from 0.82 to 1.79 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 3.34, Cx Technology 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 3.34, 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. Cx Technology's current Altman Z-Score of 0.96 is 71.3% 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 Cx Technology and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cx Technology's current Altman Z-Score is 0.96, which is 14% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cx Technology stock overvalued right now?
Based on GuruFocus' analysis, Cx Technology (TPE:2415) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.40, compared to a current price of NT$36.95 — trading 34.9% above its estimated fair value. The current Altman Z-Score is 0.96, which is 14% below median its 10-year median of 1.11 and 71.3% below the Industrial Products industry median of 3.34. Cx Technology's overall GF Score™ is 77/100 with 12 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 Cx Technology (TPE:2415), the current Altman Z-Score is 0.96 as of Jul. 02, 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 Cx Technology (TPE:2415) Overvalued in 2026?

Based on GuruFocus' analysis, Cx Technology stock appears to be overvalued. The current stock price of NT$36.95 is trading 34.9% above its estimated GF Value™ of NT$27.40. GuruFocus considers Cx Technology to be Significantly Overvalued.

Key valuation signals for TPE:2415:

  • Altman Z-Score: 0.96 (14% below median its 10-year median of 1.11)
  • GF Value™: NT$27.40 vs. price of NT$36.95 (34.9% above fair value)
  • GF Score™: 77/100 with 12 warning signs
  • Industry Position: 71.3% below the Industrial Products median (#2685 of 3006)

No single metric tells the full story. See the TPE:2415 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cx Technology Business Description

Address No. 179, Liaoning Street, 20th Floor, Zhongshan District, Taipei, TWN, 104105
Cx Technology Corp is mainly engaged in the production and sale of various metalworks, electronic product parts/components, and plastic injection products, as well as running and investing in relevant businesses. Its services include Metal Forming, Plastic Injection Molding, CNC Machining, Surface Treatments, Sub-Assembly, and Outsourcing. Its products include Speaker, Automotive, Consumer, and Other Applications. The Company's segments include Precision Metal Processing Business, mainly engaged in the production and sale of magnetic components for speakers, which generates maximum revenue; Plastic Injection Business, mainly engaged in the production and sale of plastic injection parts; and Financial Securities Business, mainly engaged in stock dealership and brokerage.
77GF Score

Get the complete analysis for TPE:2415

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

NT$36.95
Price
NT$27.40
GF Value