Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Topoint Technology CoTPE:8021 -5.39%69 Altman Z-Score is 12.06 as of Aug. 09, 2026, which is 342% above its 10-year median of 2.73. GuruFocus rates TPE:8021 with a GF Score™ of 69/100 and a GF Value™ of NT$52.75 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,007 Industrial Products companies, Topoint Technology Co ranks better than 90.89% 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.
Good Sign:
Altman Z-score of 12.06 is strong.
Topoint Technology Co has a Altman Z-Score of 12.06, 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 Topoint Technology Co's Altman Z-Score or its related term are showing as below:
TPE:8021'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.31 Med: 2.73 Max: 12.06
Current: 12.06
During the past 13 years, Topoint Technology Co's highest Altman Z-Score was 12.06. The lowest was 2.31. And the median was 2.73.
Topoint Technology Co (TPE:8021) 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.
Altman Z-Score does not apply to financial companies.
Topoint Technology Co Altman Z-Score Related Terms
Topoint Technology Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Topoint Technology 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.
TPE:8021 vs SNA, RBC, SWK: Altman Z-Score Comparison
For the Tools & Accessories subindustry, Topoint Technology 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.
Topoint Technology Co Altman Z-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Topoint Technology Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Topoint Technology Co's Altman Z-Score falls into.
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.
* 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.
Topoint Technology Co (TPE:8021) has a Altman Z-Score of 12.06 as of Aug. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Topoint Technology Co and its competitors. This is 342% above median its historical median of 2.73. Over the past decade, Topoint Technology Co's Altman Z-Score has ranged from 2.31 to 12.06. According to the industry distribution chart, Topoint Technology Co ranks #274 out of 3007 companies in the Industrial Products industry, placing it in the top 9.1%.
Is Topoint Technology Co's Altman Z-Score too high?
Topoint Technology Co's current Altman Z-Score of 12.06 is 342% above median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 12.06. The Industrial Products industry median Altman Z-Score is 3.31. Topoint Technology Co's value of 12.06 is 264.4% above this industry median. Based on the distribution chart, Topoint Technology Co ranks #274 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Topoint Technology Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Topoint Technology Co's Altman Z-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Topoint Technology Co ranks #274 out of 3007 companies for Altman Z-Score. This places Topoint Technology Co in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.31. Topoint Technology Co's value of 12.06 is 264.4% above this benchmark. Historically, Topoint Technology Co's own Altman Z-Score has ranged from 2.31 to 12.06 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 3.31, Topoint Technology Co 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.31, based on 3,007 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. Topoint Technology Co's current Altman Z-Score of 12.06 is 264.4% 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 Topoint Technology Co and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topoint Technology Co's current Altman Z-Score is 12.06, which is 342% above median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topoint Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Topoint Technology Co (TPE:8021) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$52.75, compared to a current price of NT$395.00 — trading 648.8% above its estimated fair value. The current Altman Z-Score is 12.06, which is 342% above median its 10-year median of 2.73 and 264.4% above the Industrial Products industry median of 3.31. Topoint Technology Co's overall GF Score™ is 69/100 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 Topoint Technology Co (TPE:8021), the current Altman Z-Score is 12.06 as of Aug. 09, 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 Topoint Technology Co (TPE:8021) Overvalued in 2026?
Based on GuruFocus' analysis, Topoint Technology Co stock appears to be overvalued.
The current stock price of NT$395.00 is trading 648.8% above its estimated GF Value™ of NT$52.75.
GuruFocus considers Topoint Technology Co to be Significantly Overvalued.
Key valuation signals for TPE:8021:
Altman Z-Score: 12.06 (342% above median its 10-year median of 2.73)
GF Value™: NT$52.75 vs. price of NT$395.00 (648.8% above fair value)
Industry Position: 264.4% above the Industrial Products median (#274 of 3007)
No single metric tells the full story. See the TPE:8021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topoint Technology Co Ltd is engaged in manufacturing micro-drills for printed circuit boards (PCBs), numerically controlled drilling machines for PCBs, and peripheral equipment used in the manufacture of PCBs. The services offered by the company include mechanical drilling and laser drilling. Its geographical segments include Taiwan, Mainland China, and Others.
69GF Score
Get the complete analysis for TPE:8021
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:8021 has been successfully added to your 
