Asia Pioneer Entertainment Holdings (HKSE:08400) Probability of Financial Distress (%): 0.01% (As of Jun. 29, 2026)


HKSE:08400 Asia Pioneer Entertainment Holdings Ltd HKSE:08400
51 GF Score
Price HK$0.11
GF Value HK$0.08
Valuation Significantly Overvalued
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What is Asia Pioneer Entertainment Holdings Probability of Financial Distress (%)?

Asia Pioneer Entertainment Holdings HKSE:08400 -3.51% 51 Probability of Financial Distress (%) is 0.01% as of Jun. 29, 2026. GuruFocus rates HKSE:08400 with a GF Score™ of 51/100 and a GF Value™ of HK$0.08 (Significantly Overvalued).

Probability of Financial Distress (%) measures the probability that a company will go bankrupt in the upcoming year given its current financial position. A higher ratio indicates a larger probability of bankruptcy for the company, while a lower ratio indicates a healthier fundamental. As of today, Asia Pioneer Entertainment Holdings's Probability of Financial Distress (%) is 0.01%.

Like the Altman Z-Score, the PFD measures a company's bankruptcy risk. However, the main drawback of the Z-score is it does not apply to banks and insurance companies. According to Investopedia, the concept of "working capital" does not apply to banks and insurance companies, as financial institutions do not have typical current assets or current liabilities like inventories or accounts payable.

Asia Pioneer Entertainment Holdings  (HKSE:08400) Probability of Financial Distress (%) Explanation

Like the Altman Z-Score, the PFD measures a company's bankruptcy risk in the upcoming year. However, the main drawback of the Z-score is it does not apply to banks and insurance companies. According to Investopedia, the concept of "working capital" does not apply to banks and insurance companies, as financial institutions do not have typical current assets or current liabilities like inventories or accounts payable.

Asia Pioneer Entertainment Holdings Probability of Financial Distress (%) Related Terms

HKSE:08400 vs FLUT, DKNG, SGHC: Probability of Financial Distress (%) Comparison

For the Gambling subindustry, Asia Pioneer Entertainment Holdings's Probability of Financial Distress (%), along with its competitors' market caps and Probability of Financial Distress (%) 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.

Asia Pioneer Entertainment Holdings Probability of Financial Distress (%) vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asia Pioneer Entertainment Holdings's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Asia Pioneer Entertainment Holdings's Probability of Financial Distress (%) falls into.


HKSE:08400
51GF Score
Asia Pioneer Entertainment Holdings Ltd HKSE:08400
Probability of Financial Distress (%) is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Pioneer Entertainment Holdings Probability of Financial Distress (%) Calculation

Probability of Financial Distress (%) (PFD) was developed by John Campbell, Jens Hilscher and Jan Szilagyi in their Search of Distress Risk. It measures the probability that a company will go bankrupt within the next 12 months given its current financial position.

The Probability of Financial Distress (%) was obtained by a logit probability model based on eight explanatory variables. The logit formula to compute the probability of financial distress (LPFD) is given below:

LPFD= -20.12 * NIMTAAVG + 1.60 * TLMTA - 7.88 * EXRETAVG + 1.55 * SIGMA - 0.005 * RSIZE - 2.27 * CASHMTA + 0.070 * MB - 0.09 * PRICE -8.87
=-9.27

The Probability of Financial Distress (%) (PFD) was then obtianed by:

PFD=1/(1 + e^(-LPFD))*100%
=0.01%

The eight explanatory variables are:

1. NIMTAAVG = Net Income to Market Total Assets

NIMTAAVG=Net Income / Market Total Assets
=Net Income / (Market Cap + Total Liabilities)

*Note that for companies reported quarterly, geometrically declining weighted quarterly Net Income data in latest four quarters are used.

2. TLMTA = Total liabilities to Market Total Assets

TLMTA=Total Liabilities / Market Total Assets

3. CASHMTA = Cash to Market Total Assets

For non-financial companies, CASHMTA is measured as:

CASHMTA=Cash, Cash Equivalents, Marketable Securities / Market Total Assets

4. EXRETAVG = Excess Return compared to the S&P 500

EXRETAVG is the weighted excess return compared to the S&P 500 in past 12 month. Geometrically declining weights are imposed on the monthly excess return to reflect lagged information. The weight is halved each quarter.

5. SIGMA = Standard Deviation of Daily Returns

For sigma, we use the annualized standard deviation of a company's returns over the past 92 days (or 63 trading days).

6. RSIZE = Relative Size

RSIZE=log (Market Cap / Total Market Cap of S&P 500 companies)

7. MB = Market to Adjusted Book Equity Ratio

MB=Market Cap / Adjusted Book Equity
=Market Cap / (Total Stockholders Equity + 0.1 * ( Market Cap - Total Stockholders Equity))

8. PRICE

PRICE is measured as the log of the stock price, capped at log(15).

What does a Probability of Financial Distress (%) of 0.01% mean?
Asia Pioneer Entertainment Holdings (HKSE:08400) has a Probability of Financial Distress (%) of 0.01% as of Jun. 29, 2026.
Is Asia Pioneer Entertainment Holdings' Probability of Financial Distress (%) too high?
Asia Pioneer Entertainment Holdings' current Probability of Financial Distress (%) is 0.01%. Overall, Asia Pioneer Entertainment Holdings has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Pioneer Entertainment Holdings' Probability of Financial Distress (%) compare to FLUT and DKNG?
Asia Pioneer Entertainment Holdings' Probability of Financial Distress (%) of 0.01% can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Probability of Financial Distress (%) for a Travel & Leisure company?
A good Probability of Financial Distress (%) depends on the Travel & Leisure industry context. However, Probability of Financial Distress (%) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Probability of Financial Distress (%) mean?
A high Probability of Financial Distress (%) can signal that a stock is expensive relative to its fundamentals. Asia Pioneer Entertainment Holdings's current Probability of Financial Distress (%) is 0.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Pioneer Entertainment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Pioneer Entertainment Holdings (HKSE:08400) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.11 — trading 37.5% above its estimated fair value. The current Probability of Financial Distress (%) is 0.01%. Asia Pioneer Entertainment Holdings' overall GF Score™ is 51/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Probability of Financial Distress (%) calculated?
Probability of Financial Distress (%) is calculated from a company's financial statements. For Asia Pioneer Entertainment Holdings (HKSE:08400), the current Probability of Financial Distress (%) is 0.01% as of Jun. 29, 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 Asia Pioneer Entertainment Holdings (HKSE:08400) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Pioneer Entertainment Holdings stock appears to be overvalued. The current stock price of HK$0.11 is trading 37.5% above its estimated GF Value™ of HK$0.08. GuruFocus considers Asia Pioneer Entertainment Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08400:

  • Probability of Financial Distress (%): 0.01%
  • GF Value™: HK$0.08 vs. price of HK$0.11 (37.5% above fair value)
  • GF Score™: 51/100

No single metric tells the full story. See the HKSE:08400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asia Pioneer Entertainment Holdings Business Description

Address Em Macau, Estrada Marginal, Do Hipodromo NoS 56-66, Industrial Lee Cheung F10, Macau, MAC
Asia Pioneer Entertainment Holdings Ltd is an investment holding company. Its segments include EGE Business and Smart VM Business. EGE business engaged in three divisions Technical Sales and Distribution of Electronic Gaming Equipment, Consultancy and Technical Services, and Repair Services. Smart VM Business engaged in sales of various Macau-sourced products to consumers and travelers through Smart VM in the Macau SAR and the People's Republic of China. Its generate the majority of its revenue from the EGE business.
51GF Score

Get the complete analysis for HKSE:08400

Probability of Financial Distress (%) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.11
Price
HK$0.08
GF Value