Aaeon Technology (TPE:6579) Altman Z-Score: 6.96 (As of Jul. 05, 2026) — Near Median


TPE:6579 Aaeon Technology Inc TPE:6579
78 GF Score
Price NT$165.50
GF Value NT$145.48
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Aaeon Technology Altman Z-Score?

Aaeon Technology TPE:6579 +2.48% 78 Altman Z-Score is 6.96 as of Jul. 05, 2026, which is 5% above its 10-year median of 6.62. GuruFocus rates TPE:6579 with a GF Score™ of 78/100 and a GF Value™ of NT$145.48 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 2,456 Hardware companies, Aaeon Technology ranks better than 73.66% 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 6.96 is strong.

Aaeon Technology has a Altman Z-Score of 6.96, 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 Aaeon Technology's Altman Z-Score or its related term are showing as below:

TPE:6579' s Altman Z-Score Range Over the Past 10 Years
Min: 4.71   Med: 6.62   Max: 7.83
Current: 6.96

During the past 13 years, Aaeon Technology's highest Altman Z-Score was 7.83. The lowest was 4.71. And the median was 6.62.


Aaeon Technology  (TPE:6579) 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.


Aaeon Technology Altman Z-Score Related Terms


Aaeon Technology Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Aaeon 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.

Aaeon Technology Altman Z-Score Chart

Aaeon Technology 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 4.71 5.57 7.83 7.18 4.93

Aaeon Technology 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 7.18 7.21 4.63 5.68 4.93

TPE:6579 vs SNDK, DELL, STX: Altman Z-Score Comparison

For the Computer Hardware subindustry, Aaeon 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.


Aaeon Technology Altman Z-Score vs Hardware Industry

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

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


TPE:6579
78GF Score
Aaeon Technology Inc TPE:6579
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aaeon Technology 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.

Aaeon 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*0.3237+1.4*0.0602+3.3*0.0645+0.6*9.4855+1.0*0.5802
=6.96

* 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$14,866 Mil.
Total Current Assets was NT$7,283 Mil.
Total Current Liabilities was NT$2,470 Mil.
Retained Earnings was NT$896 Mil.
Pre-Tax Income was 354.905 + 289.129 + -13.597 + 318.845 = NT$949 Mil.
Interest Expense was -3.341 + -2.27 + -1.688 + -2.11 = NT$-9 Mil.
Revenue was 2259.63 + 2305.505 + 2101.863 + 1958.385 = NT$8,625 Mil.
Market Cap (Today) was NT$28,044 Mil.
Total Liabilities was NT$2,957 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
=(7282.873 - 2470.16)/14866.346
=0.3237

X2=Retained Earnings/Total Assets
=895.509/14866.346
=0.0602

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(949.282 - -9.409)/14866.346
=0.0645

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=28044.177/2956.532
=9.4855

X5=Revenue/Total Assets
=8625.383/14866.346
=0.5802

The zones of discrimination were as such:

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

Aaeon Technology has a Altman Z-Score of 6.96 indicating it is in Safe 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 6.96 mean?
Aaeon Technology (TPE:6579) has a Altman Z-Score of 6.96 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aaeon Technology and its competitors. This is near median its historical median of 6.62. Over the past decade, Aaeon Technology's Altman Z-Score has ranged from 4.71 to 7.83. According to the industry distribution chart, Aaeon Technology ranks #647 out of 2456 companies in the Hardware industry, placing it in the top 26.3%.
Is Aaeon Technology's Altman Z-Score too high?
Aaeon Technology's current Altman Z-Score of 6.96 is near median its 10-year median of 6.62. Over the past 10 years, this metric has ranged from a low of 4.71 to a high of 7.83. The Hardware industry median Altman Z-Score is 3.59. Aaeon Technology's value of 6.96 is 93.9% above this industry median. Based on the distribution chart, Aaeon Technology ranks #647 out of 2456 companies in the Hardware industry, which is above the industry midpoint. Overall, Aaeon Technology has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aaeon Technology's Altman Z-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Aaeon Technology ranks #647 out of 2456 companies for Altman Z-Score. This puts Aaeon Technology in the upper half of its industry. The industry median Altman Z-Score is 3.59. Aaeon Technology's value of 6.96 is 93.9% above this benchmark. Historically, Aaeon Technology's own Altman Z-Score has ranged from 4.71 to 7.83 over the past decade. While the company's 10-year median is 6.62 vs. the industry median of 3.59, Aaeon 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, 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. Aaeon Technology's current Altman Z-Score of 6.96 is 93.9% 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 Aaeon Technology 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. Aaeon Technology's current Altman Z-Score is 6.96, which is near median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aaeon Technology stock overvalued right now?
Based on GuruFocus' analysis, Aaeon Technology (TPE:6579) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$145.48, compared to a current price of NT$165.50 — trading 13.8% above its estimated fair value. The current Altman Z-Score is 6.96, which is near median its 10-year median of 6.62 and 93.9% above the Hardware industry median of 3.59. Aaeon Technology's overall GF Score™ is 78/100 with 10 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 Aaeon Technology (TPE:6579), the current Altman Z-Score is 6.96 as of Jul. 05, 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 Aaeon Technology (TPE:6579) Overvalued in 2026?

Based on GuruFocus' analysis, Aaeon Technology stock appears to be overvalued. The current stock price of NT$165.50 is trading 13.8% above its estimated GF Value™ of NT$145.48. GuruFocus considers Aaeon Technology to be Modestly Overvalued.

Key valuation signals for TPE:6579:

  • Altman Z-Score: 6.96 (near median its 10-year median of 6.62)
  • GF Value™: NT$145.48 vs. price of NT$165.50 (13.8% above fair value)
  • GF Score™: 78/100 with 10 warning signs
  • Industry Position: 93.9% above the Hardware median (#647 of 2456)

No single metric tells the full story. See the TPE:6579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aaeon Technology Business Description

Address Lane 235, Baoqiao Road, No. 135, 5th Floor, Xindian District, New Taipei City, TWN, 231
Aaeon Technology Inc is engaged in the manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, and the import/export of related materials. Geographically, it derives maximum revenue from Taiwan, followed by Europe, USA, China, and other regions.
78GF Score

Get the complete analysis for TPE:6579

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

NT$165.50
Price
NT$145.48
GF Value