Cyberpower Systems (TPE:3617) Altman Z-Score: 4.77 (As of Aug. 24, 2026) — 80% Above Median

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TPE:3617 Cyberpower Systems Inc TPE:3617
91 GF Score
Price NT$257.50
GF Value NT$234.55
Valuation Fairly Valued
! 7 Warning Signs
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What is Cyberpower Systems Altman Z-Score?

Cyberpower Systems TPE:3617 -0.77% 91 Altman Z-Score is 4.77 as of Aug. 24, 2026, which is 80% above its 10-year median of 2.65. GuruFocus rates TPE:3617 with a GF Score™ of 91/100 and a GF Value™ of NT$234.55 (Fairly Valued). The stock has 7 warning signs investors should review. Among 3,009 Industrial Products companies, Cyberpower Systems ranks better than 67.83% 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 4.79 is strong.

Cyberpower Systems has a Altman Z-Score of 4.77, 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 Cyberpower Systems's Altman Z-Score or its related term are showing as below:

TPE:3617' s Altman Z-Score Range Over the Past 10 Years
Min: 1.74   Med: 2.65   Max: 6
Current: 4.79

During the past 13 years, Cyberpower Systems's highest Altman Z-Score was 6.00. The lowest was 1.74. And the median was 2.65.


Cyberpower Systems  (TPE:3617) 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.


Cyberpower Systems Altman Z-Score Related Terms


Cyberpower Systems Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Cyberpower Systems'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.

Cyberpower Systems Altman Z-Score Chart

Cyberpower Systems 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 1.74 2.50 4.18 5.80 4.93

Cyberpower Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.45 5.10 4.93 3.85 0.00

TPE:3617 vs VRT, BE: Altman Z-Score Comparison

For the Electrical Equipment & Parts subindustry, Cyberpower Systems'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.


Cyberpower Systems Altman Z-Score vs Industrial Products Industry

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

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


TPE:3617
91GF Score
Cyberpower Systems Inc TPE:3617
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cyberpower Systems 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.

Cyberpower Systems'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*0.4498+1.4*0.2677+3.3*0.1699+0.6*4.1935+1.0*0.7814
=4.77

* 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 Jun. 2026:
Total Assets was NT$15,853 Mil.
Total Current Assets was NT$11,238 Mil.
Total Current Liabilities was NT$4,108 Mil.
Retained Earnings was NT$4,244 Mil.
Pre-Tax Income was 910.854 + 521.769 + 375.929 + 845.912 = NT$2,654 Mil.
Interest Expense was -9.578 + -9.636 + -9.504 + -10.387 = NT$-39 Mil.
Revenue was 3338.851 + 2931.932 + 2763.323 + 3353.34 = NT$12,387 Mil.
Market Cap (Today) was NT$24,592 Mil.
Total Liabilities was NT$5,864 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
=(11238.477 - 4108.22)/15852.753
=0.4498

X2=Retained Earnings/Total Assets
=4244.466/15852.753
=0.2677

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(2654.464 - -39.105)/15852.753
=0.1699

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=24591.790/5864.28
=4.1935

X5=Revenue/Total Assets
=12387.446/15852.753
=0.7814

The zones of discrimination were as such:

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

Cyberpower Systems has a Altman Z-Score of 4.77 indicating it is in Safe 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 4.77 mean?
Cyberpower Systems (TPE:3617) has a Altman Z-Score of 4.77 as of Aug. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cyberpower Systems and its competitors. This is 80% above median its historical median of 2.65. Over the past decade, Cyberpower Systems' Altman Z-Score has ranged from 1.74 to 6.00. According to the industry distribution chart, Cyberpower Systems ranks #968 out of 3009 companies in the Industrial Products industry, placing it in the top 32.2%.
Is Cyberpower Systems' Altman Z-Score too high?
Cyberpower Systems' current Altman Z-Score of 4.77 is 80% above median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 6.00. The Industrial Products industry median Altman Z-Score is 3.26. Cyberpower Systems' value of 4.77 is 46.3% above this industry median. Based on the distribution chart, Cyberpower Systems ranks #968 out of 3009 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Cyberpower Systems has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cyberpower Systems' Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Cyberpower Systems ranks #968 out of 3009 companies for Altman Z-Score. This puts Cyberpower Systems in the upper half of its industry. The industry median Altman Z-Score is 3.26. Cyberpower Systems' value of 4.77 is 46.3% above this benchmark. Historically, Cyberpower Systems' own Altman Z-Score has ranged from 1.74 to 6.00 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 3.26, Cyberpower Systems 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.26, based on 3,009 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. Cyberpower Systems's current Altman Z-Score of 4.77 is 46.3% 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 Cyberpower Systems and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyberpower Systems's current Altman Z-Score is 4.77, which is 80% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyberpower Systems stock overvalued right now?
Based on GuruFocus' analysis, Cyberpower Systems (TPE:3617) is currently considered Fairly Valued. The stock's GF Value™ is NT$234.55, compared to a current price of NT$257.50 — trading 9.8% above its estimated fair value. The current Altman Z-Score is 4.77, which is 80% above median its 10-year median of 2.65 and 46.3% above the Industrial Products industry median of 3.26. Cyberpower Systems' overall GF Score™ is 91/100 with 7 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 Cyberpower Systems (TPE:3617), the current Altman Z-Score is 4.77 as of Aug. 24, 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 Cyberpower Systems (TPE:3617) Overvalued in 2026?

Based on GuruFocus' analysis, Cyberpower Systems stock appears to be overvalued. The current stock price of NT$257.50 is trading 9.8% above its estimated GF Value™ of NT$234.55. GuruFocus considers Cyberpower Systems to be Fairly Valued.

Key valuation signals for TPE:3617:

  • Altman Z-Score: 4.77 (80% above median its 10-year median of 2.65)
  • GF Value™: NT$234.55 vs. price of NT$257.50 (9.8% above fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 46.3% above the Industrial Products median (#968 of 3009)

No single metric tells the full story. See the TPE:3617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cyberpower Systems Business Description

Address No. 26, Jinzhuang Road, 11th Floor, Neihu District, Taipei, TWN, 114
Cyberpower Systems Inc is engaged in the selling and production of uninterruptible power systems, selling of electronic products, and investment activities. The Company is engaged in the design, manufacture, and sales of uninterruptible power supply systems, power protection and power management systems, and power electronic equipment related products. Its products include UPS Systems, UPS Systems (3-Phase), UPS Management, Power Distribution, and other products. Its solutions include Home Desktop, Home Theater, Office Desktop, Back Office, and other solutions. The Company operates in Taiwan, America, Europe, and other regions, with Taiwan generating the maximum revenue.
91GF Score

Get the complete analysis for TPE:3617

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

NT$257.50
Price
NT$234.55
GF Value