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Shun On Electronic CoTPE:6283 -6.03%70 Altman Z-Score is 4.05 as of Jul. 14, 2026, which is 18% below its 10-year median of 4.93. GuruFocus rates TPE:6283 with a GF Score™ of 70/100 and a GF Value™ of NT$36.65 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,464 Hardware companies, Shun On Electronic Co ranks better than 57.83% 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 4.24 is strong.
Shun On Electronic Co has a Altman Z-Score of 4.05, 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 Shun On Electronic Co's Altman Z-Score or its related term are showing as below:
TPE:6283'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.42 Med: 4.93 Max: 23.09
Current: 4.24
During the past 13 years, Shun On Electronic Co's highest Altman Z-Score was 23.09. The lowest was 3.42. And the median was 4.93.
Shun On Electronic Co (TPE:6283) 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.
Shun On Electronic Co Altman Z-Score Related Terms
Shun On Electronic Co Altman Z-Score Historical Data
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The historical data trend for Shun On Electronic 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.
For the Electronic Components subindustry, Shun On Electronic 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.
Shun On Electronic Co Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Shun On Electronic Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Shun On Electronic Co'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.
* 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.
Shun On Electronic Co (TPE:6283) has a Altman Z-Score of 4.05 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shun On Electronic Co and its competitors. This is 18% below median its historical median of 4.93. Over the past decade, Shun On Electronic Co's Altman Z-Score has ranged from 3.42 to 23.09. According to the industry distribution chart, Shun On Electronic Co ranks #1039 out of 2464 companies in the Hardware industry, placing it in the top 42.2%.
Is Shun On Electronic Co's Altman Z-Score too high?
Shun On Electronic Co's current Altman Z-Score of 4.05 is 18% below median its 10-year median of 4.93. Over the past 10 years, this metric has ranged from a low of 3.42 to a high of 23.09. The Hardware industry median Altman Z-Score is 3.60. Shun On Electronic Co's value of 4.05 is 12.7% above this industry median. Based on the distribution chart, Shun On Electronic Co ranks #1039 out of 2464 companies in the Hardware industry, which is above the industry midpoint. Overall, Shun On Electronic Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shun On Electronic Co's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Shun On Electronic Co ranks #1039 out of 2464 companies for Altman Z-Score. This puts Shun On Electronic Co in the upper half of its industry. The industry median Altman Z-Score is 3.60. Shun On Electronic Co's value of 4.05 is 12.7% above this benchmark. Historically, Shun On Electronic Co's own Altman Z-Score has ranged from 3.42 to 23.09 over the past decade. While the company's 10-year median is 4.93 vs. the industry median of 3.60, Shun On Electronic Co 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.60, 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. Shun On Electronic Co's current Altman Z-Score of 4.05 is 12.7% 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 Shun On Electronic Co 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. Shun On Electronic Co's current Altman Z-Score is 4.05, which is 18% below median its own 10-year median of 4.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shun On Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shun On Electronic Co (TPE:6283) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$36.65, compared to a current price of NT$21.80 — trading 40.5% below its estimated fair value. The current Altman Z-Score is 4.05, which is 18% below median its 10-year median of 4.93 and 12.7% above the Hardware industry median of 3.60. Shun On Electronic Co's overall GF Score™ is 70/100 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 Shun On Electronic Co (TPE:6283), the current Altman Z-Score is 4.05 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 Shun On Electronic Co (TPE:6283) Overvalued in 2026?
Based on GuruFocus' analysis, Shun On Electronic Co stock appears to be undervalued.
The current stock price of NT$21.80 is trading 40.5% below its estimated GF Value™ of NT$36.65.
GuruFocus considers Shun On Electronic Co to be Significantly Undervalued.
Key valuation signals for TPE:6283:
Altman Z-Score: 4.05 (18% below median its 10-year median of 4.93)
GF Value™: NT$36.65 vs. price of NT$21.80 (40.5% below fair value)
Industry Position: 12.7% above the Hardware median (#1039 of 2464)
No single metric tells the full story. See the TPE:6283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shun On Electronic Co Ltd is a Taiwan-based company engaged in the research, manufacturing, and sales of intelligent products, including conductive films and automotive electronic products. The company has two operating segments namely, Intelligent manufacturing and Special vehicles. It offers keyboard membranes, overlays and domes, keypads, analog cameras for vehicles, and touch keys for mobile phones among other products. Geographically, the company operates predominantly in Mainland China.
70GF Score
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