Whetron Electronics Co (TPE:6722) Altman Z-Score: 2.36 (As of Jul. 06, 2026) — 12% Below Median


TPE:6722 Whetron Electronics Co Ltd TPE:6722
55 GF Score
Price NT$35.20
GF Value NT$64.47
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Whetron Electronics Co Altman Z-Score?

Whetron Electronics Co TPE:6722 +1.29% 55 Altman Z-Score is 2.36 as of Jul. 06, 2026, which is 12% below its 10-year median of 2.68. GuruFocus rates TPE:6722 with a GF Score™ of 55/100 and a GF Value™ of NT$64.47 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Whetron Electronics Co ranks worse than 54.86% 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 2.35 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.

Whetron Electronics Co has a Altman Z-Score of 2.36, indicating it is in Grey Zones. This implies that Whetron Electronics Co 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 Whetron Electronics Co's Altman Z-Score or its related term are showing as below:

TPE:6722' s Altman Z-Score Range Over the Past 10 Years
Min: 2.35   Med: 2.68   Max: 2.7
Current: 2.35

During the past 7 years, Whetron Electronics Co's highest Altman Z-Score was 2.70. The lowest was 2.35. And the median was 2.68.


Whetron Electronics Co  (TPE:6722) 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.


Whetron Electronics Co Altman Z-Score Related Terms


Whetron Electronics Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Whetron Electronics 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.

Whetron Electronics Co Altman Z-Score Chart

Whetron Electronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 2.65 2.70 2.68

Whetron Electronics Co Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.70 2.73 2.70 2.62 2.68

TPE:6722 vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, Whetron Electronics 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.


Whetron Electronics Co Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Whetron Electronics Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Whetron Electronics Co's Altman Z-Score falls into.


TPE:6722
55GF Score
Whetron Electronics Co Ltd TPE:6722
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Whetron Electronics Co 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.

Whetron Electronics 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*0.1362+1.4*0.1414+3.3*0.0658+0.6*1.1939+1.0*1.0633
=2.36

* 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$4,795 Mil.
Total Current Assets was NT$2,757 Mil.
Total Current Liabilities was NT$2,104 Mil.
Retained Earnings was NT$678 Mil.
Pre-Tax Income was 92.613 + 60.221 + 91.343 + 45.911 = NT$290 Mil.
Interest Expense was -6.684 + -6.378 + -6.232 + -6.144 = NT$-25 Mil.
Revenue was 1276.158 + 1220.266 + 1302.787 + 1298.989 = NT$5,098 Mil.
Market Cap (Today) was NT$3,112 Mil.
Total Liabilities was NT$2,606 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
=(2756.824 - 2103.766)/4794.576
=0.1362

X2=Retained Earnings/Total Assets
=678.161/4794.576
=0.1414

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(290.088 - -25.438)/4794.576
=0.0658

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3111.680/2606.305
=1.1939

X5=Revenue/Total Assets
=5098.2/4794.576
=1.0633

The zones of discrimination were as such:

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

Whetron Electronics Co has a Altman Z-Score of 2.36 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 2.36 mean?
Whetron Electronics Co (TPE:6722) has a Altman Z-Score of 2.36 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Whetron Electronics Co and its competitors. This is 12% below median its historical median of 2.68. Over the past decade, Whetron Electronics Co's Altman Z-Score has ranged from 2.35 to 2.70. According to the industry distribution chart, Whetron Electronics Co ranks #722 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 54.9%.
Is Whetron Electronics Co's Altman Z-Score too high?
Whetron Electronics Co's current Altman Z-Score of 2.36 is 12% below median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 2.70. The Vehicles & Parts industry median Altman Z-Score is 2.58. Whetron Electronics Co's value of 2.36 is 8.5% below this industry median. Based on the distribution chart, Whetron Electronics Co ranks #722 out of 1316 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Whetron Electronics Co has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Whetron Electronics Co's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Whetron Electronics Co ranks #722 out of 1316 companies for Altman Z-Score. This places Whetron Electronics Co in the lower half of its industry. The industry median Altman Z-Score is 2.58. Whetron Electronics Co's value of 2.36 is 8.5% below this benchmark. Historically, Whetron Electronics Co's own Altman Z-Score has ranged from 2.35 to 2.70 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 2.58, Whetron Electronics Co 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.58, based on 1,316 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. Whetron Electronics Co's current Altman Z-Score of 2.36 is 8.5% 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 Whetron Electronics Co and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whetron Electronics Co's current Altman Z-Score is 2.36, which is 12% below median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whetron Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Whetron Electronics Co (TPE:6722) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$64.47, compared to a current price of NT$35.20 — trading 45.4% below its estimated fair value. The current Altman Z-Score is 2.36, which is 12% below median its 10-year median of 2.68 and 8.5% below the Vehicles & Parts industry median of 2.58. Whetron Electronics Co's overall GF Score™ is 55/100 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 Whetron Electronics Co (TPE:6722), the current Altman Z-Score is 2.36 as of Jul. 06, 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 Whetron Electronics Co (TPE:6722) Overvalued in 2026?

Based on GuruFocus' analysis, Whetron Electronics Co stock appears to be undervalued. The current stock price of NT$35.20 is trading 45.4% below its estimated GF Value™ of NT$64.47. GuruFocus considers Whetron Electronics Co to be Significantly Undervalued.

Key valuation signals for TPE:6722:

  • Altman Z-Score: 2.36 (12% below median its 10-year median of 2.68)
  • GF Value™: NT$64.47 vs. price of NT$35.20 (45.4% below fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 8.5% below the Vehicles & Parts median (#722 of 1316)

No single metric tells the full story. See the TPE:6722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Whetron Electronics Co Business Description

Address No. 959, Jhongjheng Road, 5th Floor, Jhonghe District, New Taipei, TWN, 235
Whetron Electronics Co Ltd is engaged in the manufacture and sale of reversing radar, camera lenses, car alarms and blind spot detection.
55GF Score

Get the complete analysis for TPE:6722

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

NT$35.20
Price
NT$64.47
GF Value