Acer Gaming (TPE:6908) Altman Z-Score: 1.78 (As of Jul. 12, 2026) — 33% Below Median


TPE:6908 Acer Gaming Inc TPE:6908
48 GF Score
Price NT$36.60
GF Value NT$89.98
Valuation Possible Value Trap
! 5 Warning Signs
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What is Acer Gaming Altman Z-Score?

Acer Gaming TPE:6908 48 Altman Z-Score is 1.78 as of Jul. 12, 2026, which is 33% below its 10-year median of 2.66. GuruFocus rates TPE:6908 with a GF Score™ of 48/100 and a GF Value™ of NT$89.98 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 549 Interactive Media companies, Acer Gaming ranks worse than 66.48% 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.

Warning Sign:

Altman Z-score of 1.78 is in distress zone. This implies bankruptcy possibility in the next two years.

Acer Gaming has a Altman Z-Score of 1.78, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Acer Gaming's Altman Z-Score or its related term are showing as below:

TPE:6908' s Altman Z-Score Range Over the Past 10 Years
Min: 1.77   Med: 2.66   Max: 4.2
Current: 1.78

During the past 6 years, Acer Gaming's highest Altman Z-Score was 4.20. The lowest was 1.77. And the median was 2.66.


Acer Gaming  (TPE:6908) 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.


Acer Gaming Altman Z-Score Related Terms


Acer Gaming Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Acer Gaming'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.

Acer Gaming Altman Z-Score Chart

Acer Gaming Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 3.31 4.20 1.77 2.00

Acer Gaming Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 1.77 1.77 1.92 2.00

TPE:6908 vs NTES, EA, TTWO: Altman Z-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Acer Gaming'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.


Acer Gaming Altman Z-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Acer Gaming's Altman Z-Score distribution charts can be found below:

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


TPE:6908
48GF Score
Acer Gaming Inc TPE:6908
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Acer Gaming 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.

Acer Gaming'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*0.1925+1.4*0.0126+3.3*0.0144+0.6*0.6343+1.0*1.1035
=1.78

* 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$4,043 Mil.
Total Current Assets was NT$2,693 Mil.
Total Current Liabilities was NT$1,914 Mil.
Retained Earnings was NT$51 Mil.
Pre-Tax Income was 6.116 + 22.974 + 0 + 9.577 = NT$39 Mil.
Interest Expense was -8.072 + -6.422 + 0 + -5.031 = NT$-20 Mil.
Revenue was 1800.259 + 1253.347 + 0 + 1407.922 = NT$4,462 Mil.
Market Cap (Today) was NT$1,361 Mil.
Total Liabilities was NT$2,145 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
=(2692.678 - 1914.416)/4043.063
=0.1925

X2=Retained Earnings/Total Assets
=50.845/4043.063
=0.0126

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(38.667 - -19.525)/4043.063
=0.0144

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1360.788/2145.221
=0.6343

X5=Revenue/Total Assets
=4461.528/4043.063
=1.1035

The zones of discrimination were as such:

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

Acer Gaming has a Altman Z-Score of 1.78 indicating it is in Distress 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 1.78 mean?
Acer Gaming (TPE:6908) has a Altman Z-Score of 1.78 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Acer Gaming and its competitors. This is 33% below median its historical median of 2.66. Over the past decade, Acer Gaming's Altman Z-Score has ranged from 1.77 to 4.20. According to the industry distribution chart, Acer Gaming ranks #365 out of 549 companies in the Interactive Media industry, placing it in the top 66.5%.
Is Acer Gaming's Altman Z-Score too high?
Acer Gaming's current Altman Z-Score of 1.78 is 33% below median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 4.20. The Interactive Media industry median Altman Z-Score is 3.07. Acer Gaming's value of 1.78 is 42% below this industry median. Based on the distribution chart, Acer Gaming ranks #365 out of 549 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Acer Gaming has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Acer Gaming's Altman Z-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, Acer Gaming ranks #365 out of 549 companies for Altman Z-Score. This places Acer Gaming in the lower half of its industry. The industry median Altman Z-Score is 3.07. Acer Gaming's value of 1.78 is 42% below this benchmark. Historically, Acer Gaming's own Altman Z-Score has ranged from 1.77 to 4.20 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 3.07, Acer Gaming 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 an Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.07, based on 549 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. Acer Gaming's current Altman Z-Score of 1.78 is 42% 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 Acer Gaming and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acer Gaming's current Altman Z-Score is 1.78, which is 33% below median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acer Gaming stock overvalued right now?
Based on GuruFocus' analysis, Acer Gaming (TPE:6908) is currently considered Possible Value Trap. The stock's GF Value™ is NT$89.98, compared to a current price of NT$36.60 — trading 59.3% below its estimated fair value. The current Altman Z-Score is 1.78, which is 33% below median its 10-year median of 2.66 and 42% below the Interactive Media industry median of 3.07. Acer Gaming's overall GF Score™ is 48/100 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 Acer Gaming (TPE:6908), the current Altman Z-Score is 1.78 as of Jul. 12, 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 Acer Gaming (TPE:6908) Overvalued in 2026?

Based on GuruFocus' analysis, Acer Gaming stock appears to be undervalued. The current stock price of NT$36.60 is trading 59.3% below its estimated GF Value™ of NT$89.98. GuruFocus considers Acer Gaming to be Possible Value Trap.

Key valuation signals for TPE:6908:

  • Altman Z-Score: 1.78 (33% below median its 10-year median of 2.66)
  • GF Value™: NT$89.98 vs. price of NT$36.60 (59.3% below fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 42% below the Interactive Media median (#365 of 549)

No single metric tells the full story. See the TPE:6908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acer Gaming Business Description

Address No. 84, Section 1, Xintai 5th Road, Xizhi, TWN, 10541
Acer Gaming Inc operates electronic sports businesses. The company offers electronic sports community platform development, game entertainment channel agency sales, and other services. Its products cover game software, and hardware peripherals. The company's principal business is the manufacture and sale of hand tools, pneumatic tools, and related parts.
48GF Score

Get the complete analysis for TPE:6908

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

NT$36.60
Price
NT$89.98
GF Value