Pixelplus Co (XKRX:087600) Altman Z-Score: 2.46 (As of Sep. 22, 2026) — 56% Below Median

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XKRX:087600 Pixelplus Co Ltd XKRX:087600
60 GF Score
Price ₩3,945.00
GF Value ₩6,237.05
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Pixelplus Co Altman Z-Score?

Pixelplus Co XKRX:087600 +1.40% 60 Altman Z-Score is 2.46 as of Sep. 22, 2026, which is 56% below its 10-year median of 5.62. GuruFocus rates XKRX:087600 with a GF Score™ of 60/100 and a GF Value™ of ₩6,237.05 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,022 Semiconductors companies, Pixelplus Co ranks worse than 71.72% 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 2.44 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.

Pixelplus Co has a Altman Z-Score of 2.46, indicating it is in Grey Zones. This implies that Pixelplus Co 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 Pixelplus Co's Altman Z-Score or its related term are showing as below:

XKRX:087600' s Altman Z-Score Range Over the Past 10 Years
Min: 2.44   Med: 5.62   Max: 15.02
Current: 2.44

During the past 13 years, Pixelplus Co's highest Altman Z-Score was 15.02. The lowest was 2.44. And the median was 5.62.


Pixelplus Co  (XKRX:087600) 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.


Pixelplus Co Altman Z-Score Related Terms


Pixelplus Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Pixelplus 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.

Pixelplus Co Altman Z-Score Chart

Pixelplus 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 8.12 5.45 3.29 3.45 2.82

Pixelplus Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.29 3.00 2.84 2.82 2.51

XKRX:087600 vs NVDA, AVGO, MU: Altman Z-Score Comparison

For the Semiconductors subindustry, Pixelplus 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.


Pixelplus Co Altman Z-Score vs Semiconductors Industry

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

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


XKRX:087600
60GF Score
Pixelplus Co Ltd XKRX:087600
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pixelplus 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.

Pixelplus 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*0.1987+1.4*0.8101+3.3*-0.0223+0.6*1.1853+1.0*0.4506
=2.46

* 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 Jun. 2026:
Total Assets was ₩103,635 Mil.
Total Current Assets was ₩33,405 Mil.
Total Current Liabilities was ₩12,816 Mil.
Retained Earnings was ₩83,957 Mil.
Pre-Tax Income was -2041.165661 + -1144.430927 + -595.243324 + 476.571362 = ₩-3,304 Mil.
Interest Expense was -254.179536 + -313.265472 + -429.491346 + 0 = ₩-997 Mil.
Revenue was 11844.330572 + 12143.258733 + 10917.705752 + 11793.199809 = ₩46,698 Mil.
Market Cap (Today) was ₩26,066 Mil.
Total Liabilities was ₩21,990 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
=(33405.034377 - 12815.952074)/103634.92296
=0.1987

X2=Retained Earnings/Total Assets
=83956.883762/103634.92296
=0.8101

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3304.26855 - -996.936354)/103634.92296
=-0.0223

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=26066.300/21990.394748
=1.1853

X5=Revenue/Total Assets
=46698.494866/103634.92296
=0.4506

The zones of discrimination were as such:

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

Pixelplus Co has a Altman Z-Score of 2.46 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 2.46 mean?
Pixelplus Co (XKRX:087600) has a Altman Z-Score of 2.46 as of Sep. 22, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pixelplus Co and its competitors. This is 56% below median its historical median of 5.62. Over the past decade, Pixelplus Co's Altman Z-Score has ranged from 2.44 to 15.02. According to the industry distribution chart, Pixelplus Co ranks #733 out of 1022 companies in the Semiconductors industry, placing it in the top 71.7%.
Is Pixelplus Co's Altman Z-Score too high?
Pixelplus Co's current Altman Z-Score of 2.46 is 56% below median its 10-year median of 5.62. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 15.02. The Semiconductors industry median Altman Z-Score is 4.68. Pixelplus Co's value of 2.46 is 47.4% below this industry median. Based on the distribution chart, Pixelplus Co ranks #733 out of 1022 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Pixelplus Co has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pixelplus Co's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Pixelplus Co ranks #733 out of 1022 companies for Altman Z-Score. This places Pixelplus Co in the lower half of its industry. The industry median Altman Z-Score is 4.68. Pixelplus Co's value of 2.46 is 47.4% below this benchmark. Historically, Pixelplus Co's own Altman Z-Score has ranged from 2.44 to 15.02 over the past decade. While the company's 10-year median is 5.62 vs. the industry median of 4.68, Pixelplus 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 4.68, based on 1,022 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. Pixelplus Co's current Altman Z-Score of 2.46 is 47.4% 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 Pixelplus Co and its competitors. For the Semiconductors industry, the median Altman Z-Score is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pixelplus Co's current Altman Z-Score is 2.46, which is 56% below median its own 10-year median of 5.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pixelplus Co stock overvalued right now?
Based on GuruFocus' analysis, Pixelplus Co (XKRX:087600) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩6,237.05, compared to a current price of ₩3,945.00 — trading 36.7% below its estimated fair value. The current Altman Z-Score is 2.46, which is 56% below median its 10-year median of 5.62 and 47.4% below the Semiconductors industry median of 4.68. Pixelplus Co's overall GF Score™ is 60/100 with 2 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 Pixelplus Co (XKRX:087600), the current Altman Z-Score is 2.46 as of Sep. 22, 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 Pixelplus Co (XKRX:087600) Overvalued in 2026?

Based on GuruFocus' analysis, Pixelplus Co stock appears to be undervalued. The current stock price of ₩3,945.00 is trading 36.7% below its estimated GF Value™ of ₩6,237.05. GuruFocus considers Pixelplus Co to be Significantly Undervalued.

Key valuation signals for XKRX:087600:

  • Altman Z-Score: 2.46 (56% below median its 10-year median of 5.62)
  • GF Value™: ₩6,237.05 vs. price of ₩3,945.00 (36.7% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 47.4% below the Semiconductors median (#733 of 1022)

No single metric tells the full story. See the XKRX:087600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pixelplus Co Business Description

Address 105, Gwanggyo-ro, 6th Floor, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 16229
Pixelplus Co Ltd is a United States based company engaged in designing, developing and marketing of cost-effective complementary metal-oxide-semiconductor image sensors and chipset solutions for use in mobile camera phones and other applications such as computers, cameras, and security and surveillance systems. The company is also focused on the products in three segments of security and monitoring, automotive imaging and medical imaging solutions, based on its proprietary image sensor design technology, device design technology, signal processing technology, analog design and ASIC design technologies that the company has accumulated.
60GF Score

Get the complete analysis for XKRX:087600

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

₩3,945.00
Price
₩6,237.05
GF Value