Roo Hsing Garment Co (TPE:4414) Altman Z-Score: 1.30 (As of Jul. 15, 2026) — 25% Above Median

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TPE:4414 Roo Hsing Garment Co Ltd TPE:4414
61 GF Score
Price NT$8.47
GF Value NT$10.59
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Roo Hsing Garment Co Altman Z-Score?

Roo Hsing Garment Co TPE:4414 61 Altman Z-Score is 1.30 as of Jul. 15, 2026, which is 25% above its 10-year median of 1.04. GuruFocus rates TPE:4414 with a GF Score™ of 61/100 and a GF Value™ of NT$10.59 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,029 Manufacturing - Apparel & Accessories companies, Roo Hsing Garment Co ranks worse than 79.88% 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 1.31 is in distress zone. This implies bankruptcy possibility in the next two years.

Roo Hsing Garment Co has a Altman Z-Score of 1.30, 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 Roo Hsing Garment Co's Altman Z-Score or its related term are showing as below:

TPE:4414' s Altman Z-Score Range Over the Past 10 Years
Min: -0.33   Med: 1.04   Max: 1.53
Current: 1.31

During the past 13 years, Roo Hsing Garment Co's highest Altman Z-Score was 1.53. The lowest was -0.33. And the median was 1.04.


Roo Hsing Garment Co  (TPE:4414) 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.


Roo Hsing Garment Co Altman Z-Score Related Terms


Roo Hsing Garment Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Roo Hsing Garment 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.

Roo Hsing Garment Co Altman Z-Score Chart

Roo Hsing Garment 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 0.76 -0.33 0.43 0.61 1.35

Roo Hsing Garment 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 0.61 1.53 1.62 1.51 1.35

TPE:4414 vs RL, LEVI, VFC: Altman Z-Score Comparison

For the Apparel Manufacturing subindustry, Roo Hsing Garment 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.


Roo Hsing Garment Co Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Roo Hsing Garment Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Roo Hsing Garment Co's Altman Z-Score falls into.


TPE:4414
61GF Score
Roo Hsing Garment Co Ltd TPE:4414
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Roo Hsing Garment 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.

Roo Hsing Garment 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*-0.0494+1.4*0.0182+3.3*0.0372+0.6*0.2743+1.0*1.0504
=1.30

* 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$13,413 Mil.
Total Current Assets was NT$7,904 Mil.
Total Current Liabilities was NT$8,567 Mil.
Retained Earnings was NT$244 Mil.
Pre-Tax Income was 60.358 + 167.682 + -16.53 + 26.149 = NT$238 Mil.
Interest Expense was -73.886 + -46.444 + -60.78 + -79.591 = NT$-261 Mil.
Revenue was 3721.181 + 3693.011 + 3387.543 + 3287.342 = NT$14,089 Mil.
Market Cap (Today) was NT$2,442 Mil.
Total Liabilities was NT$8,902 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
=(7903.697 - 8566.726)/13412.908
=-0.0494

X2=Retained Earnings/Total Assets
=243.518/13412.908
=0.0182

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(237.659 - -260.701)/13412.908
=0.0372

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2441.865/8902.103
=0.2743

X5=Revenue/Total Assets
=14089.077/13412.908
=1.0504

The zones of discrimination were as such:

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

Roo Hsing Garment Co has a Altman Z-Score of 1.30 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 1.30 mean?
Roo Hsing Garment Co (TPE:4414) has a Altman Z-Score of 1.30 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Roo Hsing Garment Co and its competitors. This is 25% above median its historical median of 1.04. According to the industry distribution chart, Roo Hsing Garment Co ranks #822 out of 1029 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 79.9%.
Is Roo Hsing Garment Co's Altman Z-Score too high?
Roo Hsing Garment Co's current Altman Z-Score of 1.30 is 25% above median its 10-year median of 1.04. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.49. Roo Hsing Garment Co's value of 1.30 is 47.8% below this industry median. Based on the distribution chart, Roo Hsing Garment Co ranks #822 out of 1029 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Roo Hsing Garment Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Roo Hsing Garment Co's Altman Z-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Roo Hsing Garment Co ranks #822 out of 1029 companies for Altman Z-Score. This places Roo Hsing Garment Co in the lower half of its industry. The industry median Altman Z-Score is 2.49. Roo Hsing Garment Co's value of 1.30 is 47.8% below this benchmark. While the company's 10-year median is 1.04 vs. the industry median of 2.49, Roo Hsing Garment Co 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.49, based on 1,029 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. Roo Hsing Garment Co's current Altman Z-Score of 1.30 is 47.8% 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 Roo Hsing Garment Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Roo Hsing Garment Co's current Altman Z-Score is 1.30, which is 25% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roo Hsing Garment Co stock overvalued right now?
Based on GuruFocus' analysis, Roo Hsing Garment Co (TPE:4414) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.59, compared to a current price of NT$8.47 — trading 20% below its estimated fair value. The current Altman Z-Score is 1.30, which is 25% above median its 10-year median of 1.04 and 47.8% below the Manufacturing - Apparel & Accessories industry median of 2.49. Roo Hsing Garment Co's overall GF Score™ is 61/100 with 5 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 Roo Hsing Garment Co (TPE:4414), the current Altman Z-Score is 1.30 as of Jul. 15, 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 Roo Hsing Garment Co (TPE:4414) Overvalued in 2026?

Based on GuruFocus' analysis, Roo Hsing Garment Co stock appears to be undervalued. The current stock price of NT$8.47 is trading 20% below its estimated GF Value™ of NT$10.59. GuruFocus considers Roo Hsing Garment Co to be Modestly Undervalued.

Key valuation signals for TPE:4414:

  • Altman Z-Score: 1.30 (25% above median its 10-year median of 1.04)
  • GF Value™: NT$10.59 vs. price of NT$8.47 (20% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 47.8% below the Manufacturing - Apparel & Accessories median (#822 of 1029)

No single metric tells the full story. See the TPE:4414 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Roo Hsing Garment Co Business Description

Address Fuxing North Road, No. 57, 13th Floor - 4, Songshan District, Taipei, TWN, 10595
Roo Hsing Garment Co Ltd is engaged in manufacturing and processing a variety of garments, including knitted, woven, cotton, wool, and leather apparel. The company is involved in trading and international import-export of clothing and accessories. Additionally, it serves as an agent for domestic and international manufacturers, assisting with bidding, quotations, procurement, and distribution. Along with its subsidiaries, the company operates in the following reportable segments: Production and sales department, which derives maximum revenue, the Lease department, and the Trade marketing department. Geographically, the group generates maximum revenue from America, followed by Asia and Europe.
61GF Score

Get the complete analysis for TPE:4414

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

NT$8.47
Price
NT$10.59
GF Value