Ubiqconn Technology (TPE:6928) Altman Z-Score: 6.03 (As of Jul. 01, 2026) — 20% Below Median


TPE:6928 Ubiqconn Technology Inc TPE:6928
51 GF Score
Price NT$54.50
GF Value NT$39.07
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Ubiqconn Technology Altman Z-Score?

Ubiqconn Technology TPE:6928 +5.42% 51 Altman Z-Score is 6.03 as of Jul. 01, 2026, which is 20% below its 10-year median of 7.57. GuruFocus rates TPE:6928 with a GF Score™ of 51/100 and a GF Value™ of NT$39.07 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,457 Hardware companies, Ubiqconn Technology ranks better than 67.93% 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 5.48 is strong.

Ubiqconn Technology has a Altman Z-Score of 6.03, 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 Ubiqconn Technology's Altman Z-Score or its related term are showing as below:

TPE:6928' s Altman Z-Score Range Over the Past 10 Years
Min: 5.48   Med: 7.57   Max: 8.61
Current: 5.48

During the past 7 years, Ubiqconn Technology's highest Altman Z-Score was 8.61. The lowest was 5.48. And the median was 7.57.


Ubiqconn Technology  (TPE:6928) 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.


Ubiqconn Technology Altman Z-Score Related Terms


Ubiqconn Technology Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ubiqconn 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.

Ubiqconn Technology Altman Z-Score Chart

Ubiqconn Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 8.61 7.57 5.79

Ubiqconn Technology Quarterly Data
Dec19 Dec20 Dec21 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 7.57 6.33 4.81 6.19 5.79

TPE:6928 vs SNDK, DELL, STX: Altman Z-Score Comparison

For the Computer Hardware subindustry, Ubiqconn 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.


Ubiqconn Technology Altman Z-Score vs Hardware Industry

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

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


TPE:6928
51GF Score
Ubiqconn Technology Inc TPE:6928
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ubiqconn 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.

Ubiqconn 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*0.6458+1.4*0.0055+3.3*-0.0283+0.6*7.6649+1.0*0.7436
=6.03

* 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$2,649 Mil.
Total Current Assets was NT$2,250 Mil.
Total Current Liabilities was NT$539 Mil.
Retained Earnings was NT$14 Mil.
Pre-Tax Income was -73.115 + -22.996 + -8.805 + 27.205 = NT$-78 Mil.
Interest Expense was -0.765 + -0.84 + -0.555 + -0.518 = NT$-3 Mil.
Revenue was 340.677 + 482.257 + 536.037 + 611.114 = NT$1,970 Mil.
Market Cap (Today) was NT$4,687 Mil.
Total Liabilities was NT$611 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
=(2249.795 - 538.806)/2649.398
=0.6458

X2=Retained Earnings/Total Assets
=14.496/2649.398
=0.0055

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-77.711 - -2.678)/2649.398
=-0.0283

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4687.000/611.487
=7.6649

X5=Revenue/Total Assets
=1970.085/2649.398
=0.7436

The zones of discrimination were as such:

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

Ubiqconn Technology has a Altman Z-Score of 6.03 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 6.03 mean?
Ubiqconn Technology (TPE:6928) has a Altman Z-Score of 6.03 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ubiqconn Technology and its competitors. This is 20% below median its historical median of 7.57. Over the past decade, Ubiqconn Technology's Altman Z-Score has ranged from 5.48 to 8.61. According to the industry distribution chart, Ubiqconn Technology ranks #788 out of 2457 companies in the Hardware industry, placing it in the top 32.1%.
Is Ubiqconn Technology's Altman Z-Score too high?
Ubiqconn Technology's current Altman Z-Score of 6.03 is 20% below median its 10-year median of 7.57. Over the past 10 years, this metric has ranged from a low of 5.48 to a high of 8.61. The Hardware industry median Altman Z-Score is 3.60. Ubiqconn Technology's value of 6.03 is 67.5% above this industry median. Based on the distribution chart, Ubiqconn Technology ranks #788 out of 2457 companies in the Hardware industry, which is above the industry midpoint. Overall, Ubiqconn Technology has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ubiqconn Technology's Altman Z-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Ubiqconn Technology ranks #788 out of 2457 companies for Altman Z-Score. This puts Ubiqconn Technology in the upper half of its industry. The industry median Altman Z-Score is 3.60. Ubiqconn Technology's value of 6.03 is 67.5% above this benchmark. Historically, Ubiqconn Technology's own Altman Z-Score has ranged from 5.48 to 8.61 over the past decade. While the company's 10-year median is 7.57 vs. the industry median of 3.60, Ubiqconn 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 3.60, based on 2,457 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. Ubiqconn Technology's current Altman Z-Score of 6.03 is 67.5% 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 Ubiqconn Technology 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. Ubiqconn Technology's current Altman Z-Score is 6.03, which is 20% below median its own 10-year median of 7.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubiqconn Technology stock overvalued right now?
Based on GuruFocus' analysis, Ubiqconn Technology (TPE:6928) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$39.07, compared to a current price of NT$54.50 — trading 39.5% above its estimated fair value. The current Altman Z-Score is 6.03, which is 20% below median its 10-year median of 7.57 and 67.5% above the Hardware industry median of 3.60. Ubiqconn Technology's overall GF Score™ is 51/100 with 1 warning sign 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 Ubiqconn Technology (TPE:6928), the current Altman Z-Score is 6.03 as of Jul. 01, 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 Ubiqconn Technology (TPE:6928) Overvalued in 2026?

Based on GuruFocus' analysis, Ubiqconn Technology stock appears to be overvalued. The current stock price of NT$54.50 is trading 39.5% above its estimated GF Value™ of NT$39.07. GuruFocus considers Ubiqconn Technology to be Significantly Overvalued.

Key valuation signals for TPE:6928:

  • Altman Z-Score: 6.03 (20% below median its 10-year median of 7.57)
  • GF Value™: NT$39.07 vs. price of NT$54.50 (39.5% above fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 67.5% above the Hardware median (#788 of 2457)

No single metric tells the full story. See the TPE:6928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ubiqconn Technology Business Description

Address No.300, Yangguang Street, 4th Floor, Neihu District, Taipei City, TWN, 11491
Ubiqconn Technology Inc is predominantly engaged in the manufacturing and trading of industrial computers, in-vehicle products, electronic components, and peripheral equipment. Geographically, the company generates a majority of its revenue from the United States, Netherlands, Brazil, Taiwan, Australia, and other regions.
51GF Score

Get the complete analysis for TPE:6928

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

NT$54.50
Price
NT$39.07
GF Value