Alpha NetworksTPE:3380 +4.13%66 Altman Z-Score is 2.26 as of Jul. 01, 2026, which is 12% below its 10-year median of 2.58. GuruFocus rates TPE:3380 with a GF Score™ of 66/100 and a GF Value™ of NT$30.79 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,459 Hardware companies, Alpha Networks ranks worse than 73.04% 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 2.18 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.
Alpha Networks has a Altman Z-Score of 2.26, indicating it is in Grey Zones. This implies that Alpha Networks 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 Alpha Networks's Altman Z-Score or its related term are showing as below:
TPE:3380'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.86 Med: 2.58 Max: 3.47
Current: 2.18
During the past 13 years, Alpha Networks's highest Altman Z-Score was 3.47. The lowest was 1.86. And the median was 2.58.
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.
Alpha Networks Altman Z-Score Related Terms
Alpha Networks Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Alpha Networks'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:3380 vs CSCO, CIEN, MSI: Altman Z-Score Comparison
For the Communication Equipment subindustry, Alpha Networks'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.
Alpha Networks Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Alpha Networks's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Alpha Networks'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.
Alpha Networks'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
*
0.2788
+
1.4
*
0.0032
+
3.3
*
-0.0015
+
0.6
*
1.6587
+
1.0
*
0.9297
=
2.26
* 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.
Alpha Networks (TPE:3380) has a Altman Z-Score of 2.26 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Alpha Networks and its competitors. This is 12% below median its historical median of 2.58. Over the past decade, Alpha Networks' Altman Z-Score has ranged from 1.86 to 3.47. According to the industry distribution chart, Alpha Networks ranks #1796 out of 2459 companies in the Hardware industry, placing it in the top 73%.
Is Alpha Networks' Altman Z-Score too high?
Alpha Networks' current Altman Z-Score of 2.26 is 12% below median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 3.47. The Hardware industry median Altman Z-Score is 3.60. Alpha Networks' value of 2.26 is 37.2% below this industry median. Based on the distribution chart, Alpha Networks ranks #1796 out of 2459 companies in the Hardware industry, which is below the industry midpoint. Overall, Alpha Networks has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Networks' Altman Z-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Alpha Networks ranks #1796 out of 2459 companies for Altman Z-Score. This places Alpha Networks in the lower half of its industry. The industry median Altman Z-Score is 3.60. Alpha Networks' value of 2.26 is 37.2% below this benchmark. Historically, Alpha Networks' own Altman Z-Score has ranged from 1.86 to 3.47 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 3.60, Alpha Networks 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.60, based on 2,459 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. Alpha Networks's current Altman Z-Score of 2.26 is 37.2% 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 Alpha Networks and its competitors. For the Hardware industry, the median Altman Z-Score is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Networks's current Altman Z-Score is 2.26, which is 12% below median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Networks stock overvalued right now?
Based on GuruFocus' analysis, Alpha Networks (TPE:3380) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$30.79, compared to a current price of NT$34.05 — trading 10.6% above its estimated fair value. The current Altman Z-Score is 2.26, which is 12% below median its 10-year median of 2.58 and 37.2% below the Hardware industry median of 3.60. Alpha Networks' overall GF Score™ is 66/100 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 Alpha Networks (TPE:3380), the current Altman Z-Score is 2.26 as of Jul. 01, 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 Alpha Networks (TPE:3380) Overvalued in 2026?
Based on GuruFocus' analysis, Alpha Networks stock appears to be overvalued.
The current stock price of NT$34.05 is trading 10.6% above its estimated GF Value™ of NT$30.79.
GuruFocus considers Alpha Networks to be Modestly Overvalued.
Key valuation signals for TPE:3380:
Altman Z-Score: 2.26 (12% below median its 10-year median of 2.58)
GF Value™: NT$30.79 vs. price of NT$34.05 (10.6% above fair value)
Industry Position: 37.2% below the Hardware median (#1796 of 2459)
No single metric tells the full story. See the TPE:3380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpha Networks Inc is a provider of telecommunications services mainly engaged in the research, development, design, production, and sale of broadband products, computer network systems, wireless local area networks (LAN), and related accessories. Its product portfolio includes data center switches, Ethernet switches, wireless and fixed broadband products, video radar doorbells, wireless cameras, radar sensors, and others. The Group's reportable segments are: Network related products, which generate maximum revenue, and Others. Geographically, it derives maximum revenue from the United States, and the rest from Taiwan, Japan, and other regions.
66GF Score
Get the complete analysis for TPE:3380
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:3380 has been successfully added to your 
