Flexium Interconnect (TPE:6269) Altman Z-Score: 2.14 (As of Jul. 14, 2026) — 37% Below Median

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TPE:6269 Flexium Interconnect Inc TPE:6269
79 GF Score
Price NT$60.00
GF Value NT$64.96
Valuation Fairly Valued
! 5 Warning Signs
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What is Flexium Interconnect Altman Z-Score?

Flexium Interconnect TPE:6269 -3.07% 79 Altman Z-Score is 2.14 as of Jul. 14, 2026, which is 37% below its 10-year median of 3.40. GuruFocus rates TPE:6269 with a GF Score™ of 79/100 and a GF Value™ of NT$64.96 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,464 Hardware companies, Flexium Interconnect ranks worse than 73.17% 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 2.18 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.

Flexium Interconnect has a Altman Z-Score of 2.14, indicating it is in Grey Zones. This implies that Flexium Interconnect 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 Flexium Interconnect's Altman Z-Score or its related term are showing as below:

TPE:6269' s Altman Z-Score Range Over the Past 10 Years
Min: 2.12   Med: 3.4   Max: 4.18
Current: 2.18

During the past 13 years, Flexium Interconnect's highest Altman Z-Score was 4.18. The lowest was 2.12. And the median was 3.40.


Flexium Interconnect  (TPE:6269) 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.


Flexium Interconnect Altman Z-Score Related Terms


Flexium Interconnect Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Flexium Interconnect'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.

Flexium Interconnect Altman Z-Score Chart

Flexium Interconnect 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 2.91 2.88 3.25 2.51 2.12

Flexium Interconnect 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 2.51 2.40 2.26 2.23 2.12

TPE:6269 vs APH, GLW: Altman Z-Score Comparison

For the Electronic Components subindustry, Flexium Interconnect'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.


Flexium Interconnect Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Flexium Interconnect's Altman Z-Score distribution charts can be found below:

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


TPE:6269
79GF Score
Flexium Interconnect Inc TPE:6269
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Flexium Interconnect 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.

Flexium Interconnect'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*0.2819+1.4*0.4044+3.3*-0.0778+0.6*1.4586+1.0*0.6178
=2.14

* 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$36,178 Mil.
Total Current Assets was NT$17,908 Mil.
Total Current Liabilities was NT$7,710 Mil.
Retained Earnings was NT$14,632 Mil.
Pre-Tax Income was -757.351 + -743.588 + -699.127 + -687.062 = NT$-2,887 Mil.
Interest Expense was -18.02 + -18.102 + -18.304 + -18.519 = NT$-73 Mil.
Revenue was 5586.159 + 6095.421 + 5497.157 + 5171.117 = NT$22,350 Mil.
Market Cap (Today) was NT$19,232 Mil.
Total Liabilities was NT$13,185 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
=(17908.288 - 7710.088)/36177.714
=0.2819

X2=Retained Earnings/Total Assets
=14631.611/36177.714
=0.4044

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-2887.128 - -72.945)/36177.714
=-0.0778

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=19231.860/13185.476
=1.4586

X5=Revenue/Total Assets
=22349.854/36177.714
=0.6178

The zones of discrimination were as such:

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

Flexium Interconnect has a Altman Z-Score of 2.14 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 2.14 mean?
Flexium Interconnect (TPE:6269) has a Altman Z-Score of 2.14 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Flexium Interconnect and its competitors. This is 37% below median its historical median of 3.40. Over the past decade, Flexium Interconnect's Altman Z-Score has ranged from 2.12 to 4.18. According to the industry distribution chart, Flexium Interconnect ranks #1803 out of 2464 companies in the Hardware industry, placing it in the top 73.2%.
Is Flexium Interconnect's Altman Z-Score too high?
Flexium Interconnect's current Altman Z-Score of 2.14 is 37% below median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 4.18. The Hardware industry median Altman Z-Score is 3.59. Flexium Interconnect's value of 2.14 is 40.4% below this industry median. Based on the distribution chart, Flexium Interconnect ranks #1803 out of 2464 companies in the Hardware industry, which is below the industry midpoint. Overall, Flexium Interconnect has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flexium Interconnect's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Flexium Interconnect ranks #1803 out of 2464 companies for Altman Z-Score. This places Flexium Interconnect in the lower half of its industry. The industry median Altman Z-Score is 3.59. Flexium Interconnect's value of 2.14 is 40.4% below this benchmark. Historically, Flexium Interconnect's own Altman Z-Score has ranged from 2.12 to 4.18 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 3.59, Flexium Interconnect 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 3.59, based on 2,464 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. Flexium Interconnect's current Altman Z-Score of 2.14 is 40.4% 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 Flexium Interconnect and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flexium Interconnect's current Altman Z-Score is 2.14, which is 37% below median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexium Interconnect stock overvalued right now?
Based on GuruFocus' analysis, Flexium Interconnect (TPE:6269) is currently considered Fairly Valued. The stock's GF Value™ is NT$64.96, compared to a current price of NT$60.00 — trading 7.6% below its estimated fair value. The current Altman Z-Score is 2.14, which is 37% below median its 10-year median of 3.40 and 40.4% below the Hardware industry median of 3.59. Flexium Interconnect's overall GF Score™ is 79/100 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 Flexium Interconnect (TPE:6269), the current Altman Z-Score is 2.14 as of Jul. 14, 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 Flexium Interconnect (TPE:6269) Overvalued in 2026?

Based on GuruFocus' analysis, Flexium Interconnect stock appears to be undervalued. The current stock price of NT$60.00 is trading 7.6% below its estimated GF Value™ of NT$64.96. GuruFocus considers Flexium Interconnect to be Fairly Valued.

Key valuation signals for TPE:6269:

  • Altman Z-Score: 2.14 (37% below median its 10-year median of 3.40)
  • GF Value™: NT$64.96 vs. price of NT$60.00 (7.6% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 40.4% below the Hardware median (#1803 of 2464)

No single metric tells the full story. See the TPE:6269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flexium Interconnect Business Description

Address No. 1, Shangfa 5th Road, Hofa Industrial Park, Daliao District, Kaohsiung, TWN, 831132
Flexium Interconnect Inc is a manufacturer of copper-clad laminate and Flexible Printed Circuit Boards (FPC). Along with its subsidiaries, the company's reportable segments are the printed circuit board segment and other. A majority of its revenue is generated from the printed circuit board segment, which is engaged in the manufacturing, research and development, and trading of flexible printed circuit boards and other related products. The Other segment is engaged in the research, design, manufacturing, and sales of existing related products for radio frequency integrated circuits and integrated video systems. Geographically, the group derives maximum revenue from Europe and America, followed by China, Taiwan, and Asia (excluding Taiwan and China).
79GF Score

Get the complete analysis for TPE:6269

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

NT$60.00
Price
NT$64.96
GF Value