Playmates HoldingsPYHOF 47 Altman Z2-Score is 15.84 as of Jun. 26, 2026, which is 41% above its 10-year median of 11.24. GuruFocus rates PYHOF with a GF Score™ of 47/100 and a GF Value™ of $0.04 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 851 Travel & Leisure companies, Playmates Holdings ranks better than 95.42% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Good Sign:
Playmates Holdings has a Altman Z2-Score of 15.84, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for Playmates Holdings's Altman Z2-Score or its related term are showing as below:
PYHOF'
s Altman Z2-Score Range Over the Past 10 Years
Min: 8.85 Med: 11.24 Max: 15.84
Current: 15.84
During the past 13 years, Playmates Holdings's highest Altman Z2-Score was 15.84. The lowest was 8.85. And the median was 11.24.
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
Altman Z2-Score does not apply to financial companies.
Playmates Holdings Altman Z2-Score Related Terms
Playmates Holdings Altman Z2-Score Historical Data
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The historical data trend for Playmates Holdings's Altman Z2-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Leisure subindustry, Playmates Holdings's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score 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.
Playmates Holdings Altman Z2-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Playmates Holdings's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Playmates Holdings's Altman Z2-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
Playmates Holdings's Altman Z2-Score for today is calculated with this formula:
Z
=
6.56
*
X1
+
3.26
*
X2
+
6.72
*
X3
+
1.05
*
X4_2
=
6.56
*
0.1785
+
3.26
*
0.7909
+
6.72
*
-0.0585
+
1.05
*
11.8856
=
15.84
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.
Playmates Holdings (PYHOF) has a Altman Z2-Score of 15.84 as of Jun. 26, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Playmates Holdings and its competitors. This is 41% above median its historical median of 11.24. Over the past decade, Playmates Holdings' Altman Z2-Score has ranged from 8.85 to 15.84. According to the industry distribution chart, Playmates Holdings ranks #39 out of 851 companies in the Travel & Leisure industry, placing it in the top 4.6%.
Is Playmates Holdings' Altman Z2-Score too high?
Playmates Holdings' current Altman Z2-Score of 15.84 is 41% above median its 10-year median of 11.24. Over the past 10 years, this metric has ranged from a low of 8.85 to a high of 15.84. The Travel & Leisure industry median Altman Z2-Score is 2.46. Playmates Holdings' value of 15.84 is 543.9% above this industry median. Based on the distribution chart, Playmates Holdings ranks #39 out of 851 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Playmates Holdings has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Playmates Holdings' Altman Z2-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Playmates Holdings ranks #39 out of 851 companies for Altman Z2-Score. This places Playmates Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.46. Playmates Holdings' value of 15.84 is 543.9% above this benchmark. Historically, Playmates Holdings' own Altman Z2-Score has ranged from 8.85 to 15.84 over the past decade. While the company's 10-year median is 11.24 vs. the industry median of 2.46, Playmates Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a Travel & Leisure company?
The median Altman Z2-Score among Travel & Leisure companies is 2.46, based on 851 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Playmates Holdings's current Altman Z2-Score of 15.84 is 543.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Playmates Holdings and its competitors. For the Travel & Leisure industry, the median Altman Z2-Score is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Playmates Holdings's current Altman Z2-Score is 15.84, which is 41% above median its own 10-year median of 11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Playmates Holdings stock overvalued right now?
Based on GuruFocus' analysis, Playmates Holdings (PYHOF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.05 — trading 25.3% above its estimated fair value. The current Altman Z2-Score is 15.84, which is 41% above median its 10-year median of 11.24 and 543.9% above the Travel & Leisure industry median of 2.46. Playmates Holdings' overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Playmates Holdings (PYHOF), the current Altman Z2-Score is 15.84 as of Jun. 26, 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 Playmates Holdings (PYHOF) Overvalued in 2026?
Based on GuruFocus' analysis, Playmates Holdings stock appears to be overvalued.
The current stock price of $0.05 is trading 25.3% above its estimated GF Value™ of $0.04.
GuruFocus considers Playmates Holdings to be Modestly Overvalued.
Key valuation signals for PYHOF:
Altman Z2-Score: 15.84 (41% above median its 10-year median of 11.24)
GF Value™: $0.04 vs. price of $0.05 (25.3% above fair value)
Industry Position: 543.9% above the Travel & Leisure median (#39 of 851)
No single metric tells the full story. See the PYHOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Playmates Holdings Ltd is an investment holding company engaged in the design, development, marketing and distribution of toys and family entertainment activity products. The company has three reportable segments. Property Investments and management Businesses segment that invests and leases commercial, industrial, and residential premises for rental income, also to provide property management services. Through its Investment Business segment, its invests in financial instruments including listed equity and managed funds and Toy Business segment which designs, develops, markets and distributes toys and family entertainment activity products. It operates in Hong Kong, America, Europe, Asia Pacific other than Hong Kong and Others.
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