Medimaging Integrated Solution (TPE:6796) Altman Z-Score: 2.65 (As of Jul. 07, 2026) — 52% Below Median


TPE:6796 Medimaging Integrated Solution Inc TPE:6796
73 GF Score
Price NT$58.00
GF Value NT$106.34
Valuation Significantly Undervalued
! 9 Warning Signs
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What is Medimaging Integrated Solution Altman Z-Score?

Medimaging Integrated Solution TPE:6796 -2.03% 73 Altman Z-Score is 2.65 as of Jul. 07, 2026, which is 52% below its 10-year median of 5.54. GuruFocus rates TPE:6796 with a GF Score™ of 73/100 and a GF Value™ of NT$106.34 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 809 Medical Devices & Instruments companies, Medimaging Integrated Solution ranks worse than 53.89% 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 2.69 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.

Medimaging Integrated Solution has a Altman Z-Score of 2.65, indicating it is in Grey Zones. This implies that Medimaging Integrated Solution 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 Medimaging Integrated Solution's Altman Z-Score or its related term are showing as below:

TPE:6796' s Altman Z-Score Range Over the Past 10 Years
Min: 2.69   Med: 5.54   Max: 9.18
Current: 2.69

During the past 8 years, Medimaging Integrated Solution's highest Altman Z-Score was 9.18. The lowest was 2.69. And the median was 5.54.


Medimaging Integrated Solution  (TPE:6796) 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.


Medimaging Integrated Solution Altman Z-Score Related Terms


Medimaging Integrated Solution Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Medimaging Integrated Solution'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.

Medimaging Integrated Solution Altman Z-Score Chart

Medimaging Integrated Solution Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 6.91 9.18 5.54 3.93 3.54

Medimaging Integrated Solution 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 3.93 3.93 3.72 3.38 3.54

TPE:6796 vs ABT, SYK, MDT: Altman Z-Score Comparison

For the Medical Devices subindustry, Medimaging Integrated Solution'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.


Medimaging Integrated Solution Altman Z-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medimaging Integrated Solution's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Medimaging Integrated Solution's Altman Z-Score falls into.


TPE:6796
73GF Score
Medimaging Integrated Solution Inc TPE:6796
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medimaging Integrated Solution 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.

Medimaging Integrated Solution'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*0.3644+1.4*0.0081+3.3*0.0166+0.6*2.8824+1.0*0.4208
=2.65

* 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$1,571.7 Mil.
Total Current Assets was NT$1,028.0 Mil.
Total Current Liabilities was NT$455.3 Mil.
Retained Earnings was NT$12.8 Mil.
Pre-Tax Income was 41.41 + 3.603 + -36.116 + 5.751 = NT$14.6 Mil.
Interest Expense was -3.128 + -2.888 + -2.7 + -2.673 = NT$-11.4 Mil.
Revenue was 220.332 + 152.786 + 154.615 + 133.656 = NT$661.4 Mil.
Market Cap (Today) was NT$2,381.9 Mil.
Total Liabilities was NT$826.3 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
=(1027.957 - 455.263)/1571.704
=0.3644

X2=Retained Earnings/Total Assets
=12.794/1571.704
=0.0081

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(14.648 - -11.389)/1571.704
=0.0166

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2381.851/826.339
=2.8824

X5=Revenue/Total Assets
=661.389/1571.704
=0.4208

The zones of discrimination were as such:

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

Medimaging Integrated Solution has a Altman Z-Score of 2.65 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 2.65 mean?
Medimaging Integrated Solution (TPE:6796) has a Altman Z-Score of 2.65 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Medimaging Integrated Solution and its competitors. This is 52% below median its historical median of 5.54. Over the past decade, Medimaging Integrated Solution's Altman Z-Score has ranged from 2.69 to 9.18. According to the industry distribution chart, Medimaging Integrated Solution ranks #436 out of 809 companies in the Medical Devices & Instruments industry, placing it in the top 53.9%.
Is Medimaging Integrated Solution's Altman Z-Score too high?
Medimaging Integrated Solution's current Altman Z-Score of 2.65 is 52% below median its 10-year median of 5.54. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 9.18. The Medical Devices & Instruments industry median Altman Z-Score is 3.02. Medimaging Integrated Solution's value of 2.65 is 12.3% below this industry median. Based on the distribution chart, Medimaging Integrated Solution ranks #436 out of 809 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Medimaging Integrated Solution has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medimaging Integrated Solution's Altman Z-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Medimaging Integrated Solution ranks #436 out of 809 companies for Altman Z-Score. This places Medimaging Integrated Solution in the lower half of its industry. The industry median Altman Z-Score is 3.02. Medimaging Integrated Solution's value of 2.65 is 12.3% below this benchmark. Historically, Medimaging Integrated Solution's own Altman Z-Score has ranged from 2.69 to 9.18 over the past decade. While the company's 10-year median is 5.54 vs. the industry median of 3.02, Medimaging Integrated Solution 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 Medical Devices & Instruments company?
The median Altman Z-Score among Medical Devices & Instruments companies is 3.02, based on 809 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. Medimaging Integrated Solution's current Altman Z-Score of 2.65 is 12.3% 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 Medimaging Integrated Solution and its competitors. For the Medical Devices & Instruments industry, the median Altman Z-Score is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medimaging Integrated Solution's current Altman Z-Score is 2.65, which is 52% below median its own 10-year median of 5.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medimaging Integrated Solution stock overvalued right now?
Based on GuruFocus' analysis, Medimaging Integrated Solution (TPE:6796) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$106.34, compared to a current price of NT$58.00 — trading 45.5% below its estimated fair value. The current Altman Z-Score is 2.65, which is 52% below median its 10-year median of 5.54 and 12.3% below the Medical Devices & Instruments industry median of 3.02. Medimaging Integrated Solution's overall GF Score™ is 73/100 with 9 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 Medimaging Integrated Solution (TPE:6796), the current Altman Z-Score is 2.65 as of Jul. 07, 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 Medimaging Integrated Solution (TPE:6796) Overvalued in 2026?

Based on GuruFocus' analysis, Medimaging Integrated Solution stock appears to be undervalued. The current stock price of NT$58.00 is trading 45.5% below its estimated GF Value™ of NT$106.34. GuruFocus considers Medimaging Integrated Solution to be Significantly Undervalued.

Key valuation signals for TPE:6796:

  • Altman Z-Score: 2.65 (52% below median its 10-year median of 5.54)
  • GF Value™: NT$106.34 vs. price of NT$58.00 (45.5% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 12.3% below the Medical Devices & Instruments median (#436 of 809)

No single metric tells the full story. See the TPE:6796 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medimaging Integrated Solution Business Description

Address No.24-2, Industry E. Road IV, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN, 30077
Medimaging Integrated Solution Inc and its subsidiaries are engaged in the design, manufacturing, and sales of digital medical imaging diagnostic equipment and related products and services. The company is a trusted partner of hospitals, medical schools, and health organizations, providing practitioners with digital and portable diagnostic solutions. The company designs and manufactures digital hand-held diagnostic scopes. Its products include Horus Scope, Smart Solutions, Endoscopy, and Micro Camera Modules.
73GF Score

Get the complete analysis for TPE:6796

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

NT$58.00
Price
NT$106.34
GF Value