Fic GlobalTPE:3701 +1.47%75 Altman Z-Score is 2.27 as of Jul. 01, 2026, which is 4% above its 10-year median of 2.19. GuruFocus rates TPE:3701 with a GF Score™ of 75/100 and a GF Value™ of NT$36.40 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,457 Hardware companies, Fic Global ranks worse than 71.75% 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 2.24 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.
Fic Global has a Altman Z-Score of 2.27, indicating it is in Grey Zones. This implies that Fic Global 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 Fic Global's Altman Z-Score or its related term are showing as below:
TPE:3701'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.2 Med: 2.19 Max: 3.82
Current: 2.24
During the past 13 years, Fic Global's highest Altman Z-Score was 3.82. The lowest was 1.20. And the median was 2.19.
Fic Global (TPE:3701) 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.
Fic Global Altman Z-Score Related Terms
Fic Global Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Fic Global'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:3701 vs SNDK, DELL, STX: Altman Z-Score Comparison
For the Computer Hardware subindustry, Fic Global'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.
Fic Global Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Fic Global's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Fic Global'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.
Fic Global'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
*
0.4495
+
1.4
*
0.0389
+
3.3
*
0.0022
+
0.6
*
1.5523
+
1.0
*
0.7374
=
2.27
* 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.
Fic Global (TPE:3701) has a Altman Z-Score of 2.27 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fic Global and its competitors. This is near median its historical median of 2.19. Over the past decade, Fic Global's Altman Z-Score has ranged from 1.20 to 3.82. According to the industry distribution chart, Fic Global ranks #1763 out of 2457 companies in the Hardware industry, placing it in the top 71.8%.
Is Fic Global's Altman Z-Score too high?
Fic Global's current Altman Z-Score of 2.27 is near median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 3.82. The Hardware industry median Altman Z-Score is 3.60. Fic Global's value of 2.27 is 36.9% below this industry median. Based on the distribution chart, Fic Global ranks #1763 out of 2457 companies in the Hardware industry, which is below the industry midpoint. Overall, Fic Global has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fic Global's Altman Z-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Fic Global ranks #1763 out of 2457 companies for Altman Z-Score. This places Fic Global in the lower half of its industry. The industry median Altman Z-Score is 3.60. Fic Global's value of 2.27 is 36.9% below this benchmark. Historically, Fic Global's own Altman Z-Score has ranged from 1.20 to 3.82 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 3.60, Fic Global 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 2,457 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. Fic Global's current Altman Z-Score of 2.27 is 36.9% 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 Fic Global 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. Fic Global's current Altman Z-Score is 2.27, which is near median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fic Global stock overvalued right now?
Based on GuruFocus' analysis, Fic Global (TPE:3701) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$36.40, compared to a current price of NT$44.75 — trading 22.9% above its estimated fair value. The current Altman Z-Score is 2.27, which is near median its 10-year median of 2.19 and 36.9% below the Hardware industry median of 3.60. Fic Global's overall GF Score™ is 75/100 with 6 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 Fic Global (TPE:3701), the current Altman Z-Score is 2.27 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 Fic Global (TPE:3701) Overvalued in 2026?
Based on GuruFocus' analysis, Fic Global stock appears to be overvalued.
The current stock price of NT$44.75 is trading 22.9% above its estimated GF Value™ of NT$36.40.
GuruFocus considers Fic Global to be Modestly Overvalued.
Key valuation signals for TPE:3701:
Altman Z-Score: 2.27 (near median its 10-year median of 2.19)
GF Value™: NT$36.40 vs. price of NT$44.75 (22.9% above fair value)
Industry Position: 36.9% below the Hardware median (#1763 of 2457)
No single metric tells the full story. See the TPE:3701 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fic Global Incis engaged in research and development, manufacturing and sales of optical communication, automobile products, monitoring products, industrial computers and touch screen; electronics manufacturing services for computers and servers; and leases of property. Its segments include 3CEMS and its subsidiaries, Ubiqconn and its subsidiaries, FIC Inc. and its subsidiaries, and Other companies. It derives the majority of revenue from 3CEMS and its subsidiaries segment. Geographically it derives majority of revenue from China with operations spread across Taiwan, USA, Malaysia, and Other.
75GF Score
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