World Known MFG (Cayman) (TPE:4581) Altman Z-Score: 2.41 (As of Jul. 09, 2026) — 20% Below Median


TPE:4581 World Known MFG (Cayman) Ltd TPE:4581
86 GF Score
Price NT$50.50
GF Value NT$42.62
Valuation Modestly Overvalued
! 6 Warning Signs
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What is World Known MFG (Cayman) Altman Z-Score?

World Known MFG (Cayman) TPE:4581 86 Altman Z-Score is 2.41 as of Jul. 09, 2026, which is 20% below its 10-year median of 3.02. GuruFocus rates TPE:4581 with a GF Score™ of 86/100 and a GF Value™ of NT$42.62 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,316 Vehicles & Parts companies, World Known MFG (Cayman) ranks worse than 53.57% 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 2.41 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.

World Known MFG (Cayman) has a Altman Z-Score of 2.41, indicating it is in Grey Zones. This implies that World Known MFG (Cayman) 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 World Known MFG (Cayman)'s Altman Z-Score or its related term are showing as below:

TPE:4581' s Altman Z-Score Range Over the Past 10 Years
Min: 2.41   Med: 3.02   Max: 3.87
Current: 2.41

During the past 9 years, World Known MFG (Cayman)'s highest Altman Z-Score was 3.87. The lowest was 2.41. And the median was 3.02.


World Known MFG (Cayman)  (TPE:4581) 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.


World Known MFG (Cayman) Altman Z-Score Related Terms


World Known MFG (Cayman) Altman Z-Score Historical Data

* Premium members only.

The historical data trend for World Known MFG (Cayman)'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.

World Known MFG (Cayman) Altman Z-Score Chart

World Known MFG (Cayman) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 2.99 2.71 3.87 3.39 2.43

World Known MFG (Cayman) 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 3.39 3.34 3.06 2.59 2.43

TPE:4581 vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, World Known MFG (Cayman)'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.


World Known MFG (Cayman) Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, World Known MFG (Cayman)'s Altman Z-Score distribution charts can be found below:

* The bar in red indicates where World Known MFG (Cayman)'s Altman Z-Score falls into.


TPE:4581
86GF Score
World Known MFG (Cayman) Ltd TPE:4581
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

World Known MFG (Cayman) 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.

World Known MFG (Cayman)'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*0.49+1.4*0.2077+3.3*0.0842+0.6*1.3611+1.0*0.4367
=2.41

* 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$2,488 Mil.
Total Current Assets was NT$1,750 Mil.
Total Current Liabilities was NT$531 Mil.
Retained Earnings was NT$517 Mil.
Pre-Tax Income was 31.546 + 51.11 + 51.468 + 62.791 = NT$197 Mil.
Interest Expense was -5.123 + -3.889 + -1.898 + -1.596 = NT$-13 Mil.
Revenue was 257.687 + 266.184 + 279.562 + 283.042 = NT$1,086 Mil.
Market Cap (Today) was NT$1,712 Mil.
Total Liabilities was NT$1,258 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
=(1750.168 - 531.193)/2487.858
=0.49

X2=Retained Earnings/Total Assets
=516.813/2487.858
=0.2077

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(196.915 - -12.506)/2487.858
=0.0842

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1711.900/1257.765
=1.3611

X5=Revenue/Total Assets
=1086.475/2487.858
=0.4367

The zones of discrimination were as such:

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

World Known MFG (Cayman) has a Altman Z-Score of 2.41 indicating it is in Grey 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 2.41 mean?
World Known MFG (Cayman) (TPE:4581) has a Altman Z-Score of 2.41 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on World Known MFG (Cayman) and its competitors. This is 20% below median its historical median of 3.02. Over the past decade, World Known MFG (Cayman)'s Altman Z-Score has ranged from 2.41 to 3.87. According to the industry distribution chart, World Known MFG (Cayman) ranks #705 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 53.6%.
Is World Known MFG (Cayman)'s Altman Z-Score too high?
World Known MFG (Cayman)'s current Altman Z-Score of 2.41 is 20% below median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 3.87. The Vehicles & Parts industry median Altman Z-Score is 2.58. World Known MFG (Cayman)'s value of 2.41 is 6.6% below this industry median. Based on the distribution chart, World Known MFG (Cayman) ranks #705 out of 1316 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, World Known MFG (Cayman) has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does World Known MFG (Cayman)'s Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, World Known MFG (Cayman) ranks #705 out of 1316 companies for Altman Z-Score. This places World Known MFG (Cayman) in the lower half of its industry. The industry median Altman Z-Score is 2.58. World Known MFG (Cayman)'s value of 2.41 is 6.6% below this benchmark. Historically, World Known MFG (Cayman)'s own Altman Z-Score has ranged from 2.41 to 3.87 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 2.58, World Known MFG (Cayman) 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.58, based on 1,316 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. World Known MFG (Cayman)'s current Altman Z-Score of 2.41 is 6.6% 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 World Known MFG (Cayman) and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Known MFG (Cayman)'s current Altman Z-Score is 2.41, which is 20% below median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Known MFG (Cayman) stock overvalued right now?
Based on GuruFocus' analysis, World Known MFG (Cayman) (TPE:4581) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$42.62, compared to a current price of NT$50.50 — trading 18.5% above its estimated fair value. The current Altman Z-Score is 2.41, which is 20% below median its 10-year median of 3.02 and 6.6% below the Vehicles & Parts industry median of 2.58. World Known MFG (Cayman)'s overall GF Score™ is 86/100 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 World Known MFG (Cayman) (TPE:4581), the current Altman Z-Score is 2.41 as of Jul. 09, 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 World Known MFG (Cayman) (TPE:4581) Overvalued in 2026?

Based on GuruFocus' analysis, World Known MFG (Cayman) stock appears to be overvalued. The current stock price of NT$50.50 is trading 18.5% above its estimated GF Value™ of NT$42.62. GuruFocus considers World Known MFG (Cayman) to be Modestly Overvalued.

Key valuation signals for TPE:4581:

  • Altman Z-Score: 2.41 (20% below median its 10-year median of 3.02)
  • GF Value™: NT$42.62 vs. price of NT$50.50 (18.5% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 6.6% below the Vehicles & Parts median (#705 of 1316)

No single metric tells the full story. See the TPE:4581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


World Known MFG (Cayman) Business Description

Address Oleander Way, 802 West Bay Road, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KYI-1208
World Known MFG (Cayman) Ltd is involved in the manufacturing and selling the energy-saving and carbon-reducing parts of commercial vehicle engines, ADB calipers, rear panels of brake pads, bend pipes and accessories of turbocharger, cases of flywheels, cases of swing arms, exhaust manifolds, braces, core shafts, parts for braking system of wind power generator and processed products of machinery parts for various industries. The majority of the revenue is generated from the sale of Automotive parts. The company's geographical segments include America, Asia, and other countries. The company's segment consists of the precision casting processing department, offering products and managing related technologies and marketing strategies.
86GF Score

Get the complete analysis for TPE:4581

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

NT$50.50
Price
NT$42.62
GF Value