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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, Comsys Holdings's Probability of Financial Distress (%) is 0.02%.
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.
Comsys Holdings (TSE:1721) 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.
Comsys Holdings Probability of Financial Distress (%) Related Terms
TSE:1721 vs PWR, FIX, EME: Probability of Financial Distress (%) Comparison
For the Engineering & Construction subindustry, Comsys 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.
Comsys Holdings Probability of Financial Distress (%) vs Construction Industry
For the Construction industry and Industrials sector, Comsys Holdings's Probability of Financial Distress (%) distribution charts can be found below:
* The bar in red indicates where Comsys Holdings's Probability of Financial Distress (%) falls into.
Comsys 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
=
-8.73
The Probability of Financial Distress (%) (PFD) was then obtianed by:
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).
What does a Probability of Financial Distress (%) of 0.02% mean?
Comsys Holdings (TSE:1721) has a Probability of Financial Distress (%) of 0.02% as of Jul. 14, 2026.
Is Comsys Holdings' Probability of Financial Distress (%) too high?
Comsys Holdings' current Probability of Financial Distress (%) is 0.02%. Overall, Comsys Holdings has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comsys Holdings' Probability of Financial Distress (%) compare to PWR and FIX?
Comsys Holdings' Probability of Financial Distress (%) of 0.02% can be compared against companies in the Construction 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 Construction company?
A good Probability of Financial Distress (%) depends on the Construction 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. Comsys Holdings's current Probability of Financial Distress (%) is 0.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comsys Holdings stock overvalued right now?
Based on GuruFocus' analysis, Comsys Holdings (TSE:1721) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,644.44, compared to a current price of 円5,271.00 — trading 44.6% above its estimated fair value. The current Probability of Financial Distress (%) is 0.02%. Comsys Holdings' overall GF Score™ is 82/100 with 2 warning signs to review. 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 Comsys Holdings (TSE:1721), the current Probability of Financial Distress (%) is 0.02% as of Jul. 14, 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 Comsys Holdings (TSE:1721) Overvalued in 2026?
Based on GuruFocus' analysis, Comsys Holdings stock appears to be overvalued.
The current stock price of 円5,271.00 is trading 44.6% above its estimated GF Value™ of 円3,644.44.
GuruFocus considers Comsys Holdings to be Significantly Overvalued.
Key valuation signals for TSE:1721:
Probability of Financial Distress (%): 0.02%
GF Value™: 円3,644.44 vs. price of 円5,271.00 (44.6% above fair value)
No single metric tells the full story. See the TSE:1721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comsys Holdings Corp installs electrical and telecommunications facilities and equipment. The company operates through the Comsys Information Systems Group segment, Hokuriku Telephone Construction Group segment, NDS Group segment, Nippon Comsys Group segment, SYSKEN Group segment, Sanwa Comsys Engineering Group segment, TOSYS Group segment, Tsuken Group segment, and Others segment. It generates the majority of its revenue from the Nippon Comsys Group segment, which is engaged in the construction of telecommunications facilities focusing on the Nippon Telegraph and Telephone Corporation (NTT) group.
82GF Score
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Probability of Financial Distress (%) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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