Apogee Optocom CoTPE:6426 -1.30%59 Altman Z-Score is 38.87 as of Jul. 02, 2026, which is 175% above its 10-year median of 14.11. GuruFocus rates TPE:6426 with a GF Score™ of 59/100 and a GF Value™ of NT$88.76 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,456 Hardware companies, Apogee Optocom Co ranks better than 97.48% 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 39.56 is strong.
Apogee Optocom Co has a Altman Z-Score of 38.87, 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 Apogee Optocom Co's Altman Z-Score or its related term are showing as below:
TPE:6426'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.67 Med: 14.11 Max: 39.56
Current: 39.56
During the past 13 years, Apogee Optocom Co's highest Altman Z-Score was 39.56. The lowest was 7.67. And the median was 14.11.
Apogee Optocom Co (TPE:6426) 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.
Apogee Optocom Co Altman Z-Score Related Terms
Apogee Optocom Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Apogee Optocom 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.
TPE:6426 vs CSCO, CIEN, MSI: Altman Z-Score Comparison
For the Communication Equipment subindustry, Apogee Optocom 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.
Apogee Optocom Co Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Apogee Optocom Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Apogee Optocom 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.
Apogee Optocom 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
*
0.6837
+
1.4
*
-0.0294
+
3.3
*
-0.0223
+
0.6
*
62.8089
+
1.0
*
0.4777
=
38.87
* 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.
Apogee Optocom Co (TPE:6426) has a Altman Z-Score of 38.87 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Apogee Optocom Co and its competitors. This is 175% above median its historical median of 14.11. Over the past decade, Apogee Optocom Co's Altman Z-Score has ranged from 7.67 to 39.56. According to the industry distribution chart, Apogee Optocom Co ranks #62 out of 2456 companies in the Hardware industry, placing it in the top 2.5%.
Is Apogee Optocom Co's Altman Z-Score too high?
Apogee Optocom Co's current Altman Z-Score of 38.87 is 175% above median its 10-year median of 14.11. Over the past 10 years, this metric has ranged from a low of 7.67 to a high of 39.56. The Hardware industry median Altman Z-Score is 3.60. Apogee Optocom Co's value of 38.87 is 979.7% above this industry median. Based on the distribution chart, Apogee Optocom Co ranks #62 out of 2456 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Apogee Optocom Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apogee Optocom Co's Altman Z-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Apogee Optocom Co ranks #62 out of 2456 companies for Altman Z-Score. This places Apogee Optocom Co in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.60. Apogee Optocom Co's value of 38.87 is 979.7% above this benchmark. Historically, Apogee Optocom Co's own Altman Z-Score has ranged from 7.67 to 39.56 over the past decade. While the company's 10-year median is 14.11 vs. the industry median of 3.60, Apogee Optocom 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 2,456 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. Apogee Optocom Co's current Altman Z-Score of 38.87 is 979.7% 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 Apogee Optocom 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. Apogee Optocom Co's current Altman Z-Score is 38.87, which is 175% above median its own 10-year median of 14.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Optocom Co stock overvalued right now?
Based on GuruFocus' analysis, Apogee Optocom Co (TPE:6426) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$88.76, compared to a current price of NT$189.50 — trading 113.5% above its estimated fair value. The current Altman Z-Score is 38.87, which is 175% above median its 10-year median of 14.11 and 979.7% above the Hardware industry median of 3.60. Apogee Optocom Co's overall GF Score™ is 59/100 with 2 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 Apogee Optocom Co (TPE:6426), the current Altman Z-Score is 38.87 as of Jul. 02, 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 Apogee Optocom Co (TPE:6426) Overvalued in 2026?
Based on GuruFocus' analysis, Apogee Optocom Co stock appears to be overvalued.
The current stock price of NT$189.50 is trading 113.5% above its estimated GF Value™ of NT$88.76.
GuruFocus considers Apogee Optocom Co to be Significantly Overvalued.
Key valuation signals for TPE:6426:
Altman Z-Score: 38.87 (175% above median its 10-year median of 14.11)
GF Value™: NT$88.76 vs. price of NT$189.50 (113.5% above fair value)
Industry Position: 979.7% above the Hardware median (#62 of 2456)
No single metric tells the full story. See the TPE:6426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apogee Optocom Co Ltd is a communication component manufacturer based in Taiwan. Its product offerings mainly include thin-film filters for active optical communication components (E-PON, G-PON) and thin-film filters for passive optical communication components (CWDM, DWDM). Additionally, Group is involved in optical and functional thin film processing, and offers optical filters for 1.6T Gbps optical communication modules, co-packaged optics coating applications, and bandpass filters for mid-infrared (MIR) sensors. It also offers measurement instruments like white light interferometers, spectrometers, and mid and far-infrared spectrometers. The Group's reportable operating segments are: the parent company, which derives key revenue, and Subsidiary. Geographically, its key market is China.
59GF Score
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