RichWave TechnologyTPE:4968 -4.24%75 Altman Z-Score is 9.13 as of Jul. 07, 2026, which is 1% below its 10-year median of 9.21. GuruFocus rates TPE:4968 with a GF Score™ of 75/100 and a GF Value™ of NT$195.38 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,015 Semiconductors companies, RichWave Technology ranks better than 66.5% 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 9.4 is strong.
RichWave Technology has a Altman Z-Score of 9.13, 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 RichWave Technology's Altman Z-Score or its related term are showing as below:
TPE:4968'
s Altman Z-Score Range Over the Past 10 Years
Min: 5 Med: 9.21 Max: 19.25
Current: 9.4
During the past 13 years, RichWave Technology's highest Altman Z-Score was 19.25. The lowest was 5.00. And the median was 9.21.
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.
RichWave Technology Altman Z-Score Related Terms
RichWave Technology Altman Z-Score Historical Data
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The historical data trend for RichWave Technology'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:4968 vs NVDA, AVGO, MU: Altman Z-Score Comparison
For the Semiconductors subindustry, RichWave Technology'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.
RichWave Technology Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, RichWave Technology's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where RichWave Technology'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.
RichWave Technology'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
*
0.6719
+
1.4
*
0.1898
+
3.3
*
0.0807
+
0.6
*
11.2817
+
1.0
*
1.0238
=
9.13
* 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.
RichWave Technology (TPE:4968) has a Altman Z-Score of 9.13 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on RichWave Technology and its competitors. This is near median its historical median of 9.21. Over the past decade, RichWave Technology's Altman Z-Score has ranged from 5.00 to 19.25. According to the industry distribution chart, RichWave Technology ranks #340 out of 1015 companies in the Semiconductors industry, placing it in the top 33.5%.
Is RichWave Technology's Altman Z-Score too high?
RichWave Technology's current Altman Z-Score of 9.13 is near median its 10-year median of 9.21. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 19.25. The Semiconductors industry median Altman Z-Score is 5.46. RichWave Technology's value of 9.13 is 67.2% above this industry median. Based on the distribution chart, RichWave Technology ranks #340 out of 1015 companies in the Semiconductors industry, which is above the industry midpoint. Overall, RichWave Technology has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RichWave Technology's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, RichWave Technology ranks #340 out of 1015 companies for Altman Z-Score. This puts RichWave Technology in the upper half of its industry. The industry median Altman Z-Score is 5.46. RichWave Technology's value of 9.13 is 67.2% above this benchmark. Historically, RichWave Technology's own Altman Z-Score has ranged from 5.00 to 19.25 over the past decade. While the company's 10-year median is 9.21 vs. the industry median of 5.46, RichWave Technology 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 a Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.46, based on 1,015 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. RichWave Technology's current Altman Z-Score of 9.13 is 67.2% 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 RichWave Technology and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RichWave Technology's current Altman Z-Score is 9.13, which is near median its own 10-year median of 9.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RichWave Technology stock overvalued right now?
Based on GuruFocus' analysis, RichWave Technology (TPE:4968) is currently considered Possible Value Trap. The stock's GF Value™ is NT$195.38, compared to a current price of NT$113.00 — trading 42.2% below its estimated fair value. The current Altman Z-Score is 9.13, which is near median its 10-year median of 9.21 and 67.2% above the Semiconductors industry median of 5.46. RichWave Technology's overall GF Score™ is 75/100 with 1 warning sign 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 RichWave Technology (TPE:4968), the current Altman Z-Score is 9.13 as of Jul. 07, 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 RichWave Technology (TPE:4968) Overvalued in 2026?
Based on GuruFocus' analysis, RichWave Technology stock appears to be undervalued.
The current stock price of NT$113.00 is trading 42.2% below its estimated GF Value™ of NT$195.38.
GuruFocus considers RichWave Technology to be Possible Value Trap.
Key valuation signals for TPE:4968:
Altman Z-Score: 9.13 (near median its 10-year median of 9.21)
GF Value™: NT$195.38 vs. price of NT$113.00 (42.2% below fair value)
Industry Position: 67.2% above the Semiconductors median (#340 of 1015)
No single metric tells the full story. See the TPE:4968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RichWave Technology Corp is a fabless IC design company. The company is engaged in the research and development, design, integration, and manufacturing and sales of integrated circuits for wireless communication products. Its product includes a front-end module, power amplifier, switch, and GPS LNA. Its products are used in networking, mobile phones, broadcasting, surveillance, and automotive rearview applications. The company operates majorly in Taiwan, China, Korea, and Others, with the majority of revenue from Taiwan and China.
75GF Score
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