Tai Tung Communication Co (TPE:8011) Altman Z-Score: 1.08 (As of Jul. 12, 2026) — Near Median


TPE:8011 Tai Tung Communication Co Ltd TPE:8011
81 GF Score
Price NT$17.50
GF Value NT$20.69
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Tai Tung Communication Co Altman Z-Score?

Tai Tung Communication Co TPE:8011 81 Altman Z-Score is 1.08 as of Jul. 12, 2026, which is 1% below its 10-year median of 1.09. GuruFocus rates TPE:8011 with a GF Score™ of 81/100 and a GF Value™ of NT$20.69 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 2,464 Hardware companies, Tai Tung Communication Co ranks worse than 87.3% 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 1.08 is in distress zone. This implies bankruptcy possibility in the next two years.

Tai Tung Communication Co has a Altman Z-Score of 1.08, 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 Tai Tung Communication Co's Altman Z-Score or its related term are showing as below:

TPE:8011' s Altman Z-Score Range Over the Past 10 Years
Min: 0.63   Med: 1.09   Max: 1.59
Current: 1.08

During the past 13 years, Tai Tung Communication Co's highest Altman Z-Score was 1.59. The lowest was 0.63. And the median was 1.09.


Tai Tung Communication Co  (TPE:8011) 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.


Tai Tung Communication Co Altman Z-Score Related Terms


Tai Tung Communication Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Tai Tung Communication 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.

Tai Tung Communication Co Altman Z-Score Chart

Tai Tung Communication Co 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 0.84 0.63 1.11 1.59 1.22

Tai Tung Communication Co 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 1.59 1.58 1.38 1.35 1.22

TPE:8011 vs CSCO, CIEN, MSI: Altman Z-Score Comparison

For the Communication Equipment subindustry, Tai Tung Communication 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.


Tai Tung Communication Co Altman Z-Score vs Hardware Industry

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

* The bar in red indicates where Tai Tung Communication Co's Altman Z-Score falls into.


TPE:8011
81GF Score
Tai Tung Communication Co Ltd TPE:8011
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Tai Tung Communication 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.

Tai Tung Communication 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*0.0619+1.4*0.0438+3.3*0.0475+0.6*0.8441+1.0*0.2809
=1.08

* 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$7,390 Mil.
Total Current Assets was NT$2,153 Mil.
Total Current Liabilities was NT$1,695 Mil.
Retained Earnings was NT$324 Mil.
Pre-Tax Income was 72.964 + 53.538 + 64.598 + 93.509 = NT$285 Mil.
Interest Expense was -17.439 + -17.145 + -15.322 + -16.173 = NT$-66 Mil.
Revenue was 517.516 + 532.048 + 541.317 + 484.546 = NT$2,075 Mil.
Market Cap (Today) was NT$2,904 Mil.
Total Liabilities was NT$3,440 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
=(2152.531 - 1695.239)/7389.549
=0.0619

X2=Retained Earnings/Total Assets
=323.887/7389.549
=0.0438

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(284.609 - -66.079)/7389.549
=0.0475

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2903.633/3439.998
=0.8441

X5=Revenue/Total Assets
=2075.427/7389.549
=0.2809

The zones of discrimination were as such:

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

Tai Tung Communication Co has a Altman Z-Score of 1.08 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 1.08 mean?
Tai Tung Communication Co (TPE:8011) has a Altman Z-Score of 1.08 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tai Tung Communication Co and its competitors. This is near median its historical median of 1.09. Over the past decade, Tai Tung Communication Co's Altman Z-Score has ranged from 0.63 to 1.59. According to the industry distribution chart, Tai Tung Communication Co ranks #2151 out of 2464 companies in the Hardware industry, placing it in the top 87.3%.
Is Tai Tung Communication Co's Altman Z-Score too high?
Tai Tung Communication Co's current Altman Z-Score of 1.08 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.59. The Hardware industry median Altman Z-Score is 3.60. Tai Tung Communication Co's value of 1.08 is 70% below this industry median. Based on the distribution chart, Tai Tung Communication Co ranks #2151 out of 2464 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tai Tung Communication Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tai Tung Communication Co's Altman Z-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Tai Tung Communication Co ranks #2151 out of 2464 companies for Altman Z-Score. This places Tai Tung Communication Co in the lower half of its industry. The industry median Altman Z-Score is 3.60. Tai Tung Communication Co's value of 1.08 is 70% below this benchmark. Historically, Tai Tung Communication Co's own Altman Z-Score has ranged from 0.63 to 1.59 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 3.60, Tai Tung Communication 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.60, based on 2,464 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. Tai Tung Communication Co's current Altman Z-Score of 1.08 is 70% 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 Tai Tung Communication Co 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. Tai Tung Communication Co's current Altman Z-Score is 1.08, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tai Tung Communication Co stock overvalued right now?
Based on GuruFocus' analysis, Tai Tung Communication Co (TPE:8011) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.69, compared to a current price of NT$17.50 — trading 15.4% below its estimated fair value. The current Altman Z-Score is 1.08, which is near median its 10-year median of 1.09 and 70% below the Hardware industry median of 3.60. Tai Tung Communication Co's overall GF Score™ is 81/100 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 Tai Tung Communication Co (TPE:8011), the current Altman Z-Score is 1.08 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 Tai Tung Communication Co (TPE:8011) Overvalued in 2026?

Based on GuruFocus' analysis, Tai Tung Communication Co stock appears to be undervalued. The current stock price of NT$17.50 is trading 15.4% below its estimated GF Value™ of NT$20.69. GuruFocus considers Tai Tung Communication Co to be Modestly Undervalued.

Key valuation signals for TPE:8011:

  • Altman Z-Score: 1.08 (near median its 10-year median of 1.09)
  • GF Value™: NT$20.69 vs. price of NT$17.50 (15.4% below fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 70% below the Hardware median (#2151 of 2464)

No single metric tells the full story. See the TPE:8011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tai Tung Communication Co Business Description

Address Fuhui Road, No. 219, 9th Floor, Xinzhuang District, New Taipei, TWN, 242043
Tai Tung Communication Co Ltd is a Taiwan-based company mainly engaged in the fiber optical cables and Fiber to the Home (FTTH) related accessories business, internal and external communication cables business, power transmission cables business, manufacture and sale of other products, and wholesale and retail sale of ores. The company's business operations cover outdoor and indoor optical cables, telecommunication cables, power transmission and distribution cables, CATV trunk and distribution cables, and others.
81GF Score

Get the complete analysis for TPE:8011

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

NT$17.50
Price
NT$20.69
GF Value