Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Probability of Financial Distress (%): 0.03% (As of Jun. 25, 2026)


XKLS:5008 Harrisons Holdings (Malaysia) Bhd XKLS:5008
67 GF Score
Price RM1.27
GF Value RM1.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Harrisons Holdings (Malaysia) Bhd Probability of Financial Distress (%)?

Harrisons Holdings (Malaysia) Bhd XKLS:5008 -0.78% 67 Probability of Financial Distress (%) is 0.03% as of Jun. 25, 2026. GuruFocus rates XKLS:5008 with a GF Score™ of 67/100 and a GF Value™ of RM1.63 (Modestly Undervalued). The stock has 4 warning signs investors should review.

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, Harrisons Holdings (Malaysia) Bhd's Probability of Financial Distress (%) is 0.03%.

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.

Harrisons Holdings (Malaysia) Bhd  (XKLS:5008) 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.

Harrisons Holdings (Malaysia) Bhd Probability of Financial Distress (%) Related Terms

XKLS:5008 vs GWW, FAST, FERG: Probability of Financial Distress (%) Comparison

For the Industrial Distribution subindustry, Harrisons Holdings (Malaysia) Bhd'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.

Harrisons Holdings (Malaysia) Bhd Probability of Financial Distress (%) vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Harrisons Holdings (Malaysia) Bhd's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Harrisons Holdings (Malaysia) Bhd's Probability of Financial Distress (%) falls into.


XKLS:5008
67GF Score
Harrisons Holdings (Malaysia) Bhd XKLS:5008
Probability of Financial Distress (%) is just one metric. See GF Score™, valuation, warning signs, and more.
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Harrisons Holdings (Malaysia) Bhd 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
=-8.12

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

PFD=1/(1 + e^(-LPFD))*100%
=0.03%

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 0.03% mean?
Harrisons Holdings (Malaysia) Bhd (XKLS:5008) has a Probability of Financial Distress (%) of 0.03% as of Jun. 25, 2026.
Is Harrisons Holdings (Malaysia) Bhd's Probability of Financial Distress (%) too high?
Harrisons Holdings (Malaysia) Bhd's current Probability of Financial Distress (%) is 0.03%. Overall, Harrisons Holdings (Malaysia) Bhd has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harrisons Holdings (Malaysia) Bhd's Probability of Financial Distress (%) compare to GWW and FAST?
Harrisons Holdings (Malaysia) Bhd's Probability of Financial Distress (%) of 0.03% can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Probability of Financial Distress (%) depends on the Industrial Distribution 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. Harrisons Holdings (Malaysia) Bhd's current Probability of Financial Distress (%) is 0.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrisons Holdings (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd (XKLS:5008) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.63, compared to a current price of RM1.27 — trading 22.1% below its estimated fair value. The current Probability of Financial Distress (%) is 0.03%. Harrisons Holdings (Malaysia) Bhd's overall GF Score™ is 67/100 with 4 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008), the current Probability of Financial Distress (%) is 0.03% as of Jun. 25, 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Overvalued in 2026?

Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd stock appears to be undervalued. The current stock price of RM1.27 is trading 22.1% below its estimated GF Value™ of RM1.63. GuruFocus considers Harrisons Holdings (Malaysia) Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5008:

  • Probability of Financial Distress (%): 0.03%
  • GF Value™: RM1.63 vs. price of RM1.27 (22.1% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Harrisons Holdings (Malaysia) Bhd Business Description

Address 10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350
Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. The Group operates in four key geographical segments within Malaysia, namely Sabah, Sarawak, Peninsular Malaysia and Others. The Sabah, Sarawak and Peninsular Malaysia segments comprise the trading and distribution of consumer products, building materials, industrial and agricultural chemical products, as well as the provision of insurance and shipping services within their respective geographical markets. The Others segment includes the trading and distribution of liquor products, as well as the provision of travel agency services, property rental, and the retailing of consumer goods.
67GF Score

Get the complete analysis for XKLS:5008

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

RM1.27
Price
RM1.63
GF Value