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, SKY Perfect JSAT's Probability of Financial Distress (%) is 0.04%.
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.
SKY Perfect JSAT (TSE:9412) 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.
SKY Perfect JSAT Probability of Financial Distress (%) Related Terms
TSE:9412 vs NXST: Probability of Financial Distress (%) Comparison
For the Broadcasting subindustry, SKY Perfect JSAT'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.
SKY Perfect JSAT Probability of Financial Distress (%) vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, SKY Perfect JSAT's Probability of Financial Distress (%) distribution charts can be found below:
* The bar in red indicates where SKY Perfect JSAT's Probability of Financial Distress (%) falls into.
SKY Perfect JSAT 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
=
-7.85
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 0.04% mean?
SKY Perfect JSAT (TSE:9412) has a Probability of Financial Distress (%) of 0.04% as of Jun. 27, 2026.
Is SKY Perfect JSAT's Probability of Financial Distress (%) too high?
SKY Perfect JSAT's current Probability of Financial Distress (%) is 0.04%. Overall, SKY Perfect JSAT has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SKY Perfect JSAT's Probability of Financial Distress (%) compare to NXST?
SKY Perfect JSAT's Probability of Financial Distress (%) of 0.04% can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Probability of Financial Distress (%) depends on the Media - Diversified 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. SKY Perfect JSAT's current Probability of Financial Distress (%) is 0.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKY Perfect JSAT stock overvalued right now?
Based on GuruFocus' analysis, SKY Perfect JSAT (TSE:9412) is currently considered Significantly Overvalued. The stock's GF Value™ is 円988.25, compared to a current price of 円2,485.00 — trading 151.5% above its estimated fair value. The current Probability of Financial Distress (%) is 0.04%. SKY Perfect JSAT's overall GF Score™ is 65/100. 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 SKY Perfect JSAT (TSE:9412), the current Probability of Financial Distress (%) is 0.04% as of Jun. 27, 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 SKY Perfect JSAT (TSE:9412) Overvalued in 2026?
Based on GuruFocus' analysis, SKY Perfect JSAT stock appears to be overvalued.
The current stock price of 円2,485.00 is trading 151.5% above its estimated GF Value™ of 円988.25.
GuruFocus considers SKY Perfect JSAT to be Significantly Overvalued.
Key valuation signals for TSE:9412:
Probability of Financial Distress (%): 0.04%
GF Value™: 円988.25 vs. price of 円2,485.00 (151.5% above fair value)
No single metric tells the full story. See the TSE:9412 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SKY Perfect JSAT Corp is a Japan-based company engaged in providing broadcasting and communication services. The company consists of two operating divisions, which are Media Business and Space Business. The Media Business offers platform services such as customer management activities to broadcasting and streaming businesses and Fiber optic alliance, and others. While Space Business offers telecommunication business, space intelligence business, and others.
65GF Score
Get the complete analysis for TSE:9412
Probability of Financial Distress (%) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9412 has been successfully added to your 