Hubify (ASX:HFY) Altman Z-Score: 2.08 (As of Jun. 29, 2026) — 11% Below Median


What is Hubify Altman Z-Score?

Hubify ASX:HFY Altman Z-Score is 2.08 as of Jun. 29, 2026, which is 11% below its 10-year median of 2.35. The stock has 6 warning signs investors should review. Among 365 Telecommunication Services companies, Hubify ranks better than 61.37% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 2.08 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Hubify has a Altman Z-Score of 2.08, indicating it is in Grey Zones. This implies that Hubify is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Hubify's Altman Z-Score or its related term are showing as below:

ASX:HFY' s Altman Z-Score Range Over the Past 10 Years
Min: -18.96   Med: 2.35   Max: 7.03
Current: 2.08

During the past 9 years, Hubify's highest Altman Z-Score was 7.03. The lowest was -18.96. And the median was 2.35.


Hubify  (ASX:HFY) Altman Z-Score Explanation

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.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Hubify Altman Z-Score Related Terms


Hubify Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hubify's Altman Z-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.

Hubify Altman Z-Score Chart

Hubify Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 7.03 2.88 2.66 0.62 1.91

Hubify Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.62 0.00 1.91 0.00

ASX:HFY vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Hubify's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Hubify Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hubify's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Hubify's Altman Z-Score falls into.



Hubify Altman Z-Score Calculation

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.

Hubify's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.1676+1.4*-0.2146+3.3*-0.0972+0.6*1.33+1.0*1.7013
=2.08

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Jun. 2025:
Total Assets was A$10.50 Mil.
Total Current Assets was A$4.50 Mil.
Total Current Liabilities was A$2.74 Mil.
Retained Earnings was A$-2.25 Mil.
Pre-Tax Income was A$-1.08 Mil.
Interest Expense was A$-0.06 Mil.
Revenue was A$17.86 Mil.
Market Cap (Today) was A$5.17 Mil.
Total Liabilities was A$3.89 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(4.497 - 2.738)/10.497
=0.1676

X2=Retained Earnings/Total Assets
=-2.253/10.497
=-0.2146

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.077 - -0.057)/10.497
=-0.0972

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5.171/3.888
=1.33

X5=Revenue/Total Assets
=17.859/10.497
=1.7013

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Hubify has a Altman Z-Score of 2.08 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 2.08 mean?
Hubify (ASX:HFY) has a Altman Z-Score of 2.08 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hubify and its competitors. This is 11% below median its historical median of 2.35. According to the industry distribution chart, Hubify ranks #141 out of 365 companies in the Telecommunication Services industry, placing it in the top 38.6%.
Is Hubify's Altman Z-Score too high?
Hubify's current Altman Z-Score of 2.08 is 11% below median its 10-year median of 2.35. The Telecommunication Services industry median Altman Z-Score is 1.71. Hubify's value of 2.08 is 21.6% above this industry median. Based on the distribution chart, Hubify ranks #141 out of 365 companies in the Telecommunication Services industry, which is above the industry midpoint.
How does Hubify's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Hubify ranks #141 out of 365 companies for Altman Z-Score. This puts Hubify in the upper half of its industry. The industry median Altman Z-Score is 1.71. Hubify's value of 2.08 is 21.6% above this benchmark. While the company's 10-year median is 2.35 vs. the industry median of 1.71, Hubify 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 Z-Score for a Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.71, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hubify's current Altman Z-Score of 2.08 is 21.6% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hubify and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubify's current Altman Z-Score is 2.08, which is 11% below median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubify stock overvalued right now?
Based on GuruFocus' analysis, Hubify (ASX:HFY) is currently considered Fairly Valued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading right at its estimated fair value. The current Altman Z-Score is 2.08, which is 11% below median its 10-year median of 2.35 and 21.6% above the Telecommunication Services industry median of 1.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Hubify (ASX:HFY), the current Altman Z-Score is 2.08 as of Jun. 29, 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.

Hubify Business Description

Address 65 Epping Road, Suite 1.01, Level 1, Macquarie Park, Sydney, NSW, AUS, 2113
Hubify Ltd is a provider of telecommunications, information technology, and managed services to Australian businesses. The company is engaged in the sale, customization, management, maintenance, and integration of IT and telecommunications systems. It is also engaged in the internet-based selling of hardware and software products. The company manages technology products and services for customers and maintains IT and telecommunications systems. The company's primary business segment is telecommunications namely voice, data, and value-added services.