Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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, Envioneer Co's Probability of Financial Distress (%) is 0.37%.
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.
Envioneer Co (XKRX:317870) 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.
Envioneer Co Probability of Financial Distress (%) Related Terms
XKRX:317870 vs WM, RSG, WCN: Probability of Financial Distress (%) Comparison
For the Waste Management subindustry, Envioneer Co'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.
Envioneer Co Probability of Financial Distress (%) vs Waste Management Industry
For the Waste Management industry and Industrials sector, Envioneer Co's Probability of Financial Distress (%) distribution charts can be found below:
* The bar in red indicates where Envioneer Co's Probability of Financial Distress (%) falls into.
Envioneer Co 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
=
-5.59
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 0.37% mean?
Envioneer Co (XKRX:317870) has a Probability of Financial Distress (%) of 0.37% as of Aug. 06, 2026.
Is Envioneer Co's Probability of Financial Distress (%) too high?
Envioneer Co's current Probability of Financial Distress (%) is 0.37%. Overall, Envioneer Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Envioneer Co's Probability of Financial Distress (%) compare to WM and RSG?
Envioneer Co's Probability of Financial Distress (%) of 0.37% can be compared against companies in the Waste Management 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 Waste Management company?
A good Probability of Financial Distress (%) depends on the Waste Management 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. Envioneer Co's current Probability of Financial Distress (%) is 0.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Envioneer Co stock overvalued right now?
Based on GuruFocus' analysis, Envioneer Co (XKRX:317870) is currently considered Possible Value Trap. The stock's GF Value™ is ₩17,471.05, compared to a current price of ₩4,395.00 — trading 74.8% below its estimated fair value. The current Probability of Financial Distress (%) is 0.37%. Envioneer Co's overall GF Score™ is 50/100 with 8 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 Envioneer Co (XKRX:317870), the current Probability of Financial Distress (%) is 0.37% as of Aug. 06, 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 Envioneer Co (XKRX:317870) Overvalued in 2026?
Based on GuruFocus' analysis, Envioneer Co stock appears to be undervalued.
The current stock price of ₩4,395.00 is trading 74.8% below its estimated GF Value™ of ₩17,471.05.
GuruFocus considers Envioneer Co to be Possible Value Trap.
Key valuation signals for XKRX:317870:
Probability of Financial Distress (%): 0.37%
GF Value™: ₩17,471.05 vs. price of ₩4,395.00 (74.8% below fair value)
No single metric tells the full story. See the XKRX:317870 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Envioneer Co Ltd is a specialized environmental material/ composite material company. It develops and manufactures advanced filter papers that maximize the performance of high efficiency low differential pressure by adding positive charges to the filter manufacturing technology using a unique wet manufacturing process. The filters are used for water treatment, air-conditioning materials to remove air pollutants, and lightweight composite materials for vehicles through the wet manufacturing process.
50GF Score
Get the complete analysis for XKRX:317870
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
XKRX:317870 has been successfully added to your 
