HDL (Super Hi International Holding) Altman Z-Score: 3.15 (As of Jul. 26, 2026) — 13% Below Median

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HDL Super Hi International Holding Ltd HDL
59 GF Score
Price $13.19
GF Value $21.25
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Super Hi International Holding Altman Z-Score?

Super Hi International Holding HDL 59 Altman Z-Score is 3.15 as of Jul. 26, 2026, which is 13% below its 10-year median of 3.62. GuruFocus rates HDL with a GF Score™ of 59/100 and a GF Value™ of $21.25 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 357 Restaurants companies, Super Hi International Holding ranks better than 67.79% 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.

Good Sign:

Altman Z-score of 3.15 is strong.

Super Hi International Holding has a Altman Z-Score of 3.15, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 Super Hi International Holding's Altman Z-Score or its related term are showing as below:

HDL' s Altman Z-Score Range Over the Past 10 Years
Min: 2.15   Med: 3.62   Max: 4.78
Current: 3.15

During the past 7 years, Super Hi International Holding's highest Altman Z-Score was 4.78. The lowest was 2.15. And the median was 3.62.


Super Hi International Holding  (NAS:HDL) 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.


Super Hi International Holding Altman Z-Score Related Terms


Super Hi International Holding Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Super Hi International Holding'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.

Super Hi International Holding Altman Z-Score Chart

Super Hi International Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 2.15 3.08 4.78 3.36

Super Hi International Holding Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.32 3.95 3.62 3.36 3.31

HDL vs MCD, SBUX, YUM: Altman Z-Score Comparison

For the Restaurants subindustry, Super Hi International Holding'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.


Super Hi International Holding Altman Z-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Super Hi International Holding's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Super Hi International Holding's Altman Z-Score falls into.


HDL
59GF Score
Super Hi International Holding Ltd HDL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Super Hi International Holding 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.

Super Hi International Holding'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*0.2859+1.4*0+3.3*0.0741+0.6*2.32+1.0*1.1703
=3.15

* 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 Mar. 2026:
Total Assets was $742.5 Mil.
Total Current Assets was $349.7 Mil.
Total Current Liabilities was $137.4 Mil.
Retained Earnings was $0.0 Mil.
Pre-Tax Income was 8.992 + 8.531 + 6.303 + 19.538 = $43.4 Mil.
Interest Expense was -2.99 + -3.053 + -2.869 + -2.772 = $-11.7 Mil.
Revenue was 225.927 + 229.974 + 214.048 + 198.95 = $868.9 Mil.
Market Cap (Today) was $795.5 Mil.
Total Liabilities was $342.9 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
=(349.65 - 137.396)/742.454
=0.2859

X2=Retained Earnings/Total Assets
=0/742.454
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(43.364 - -11.684)/742.454
=0.0741

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=795.456/342.865
=2.32

X5=Revenue/Total Assets
=868.899/742.454
=1.1703

The zones of discrimination were as such:

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

Super Hi International Holding has a Altman Z-Score of 3.15 indicating it is in Safe 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 3.15 mean?
Super Hi International Holding (HDL) has a Altman Z-Score of 3.15 as of Jul. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Super Hi International Holding and its competitors. This is 13% below median its historical median of 3.62. Over the past decade, Super Hi International Holding's Altman Z-Score has ranged from 2.15 to 4.78. According to the industry distribution chart, Super Hi International Holding ranks #115 out of 357 companies in the Restaurants industry, placing it in the top 32.2%.
Is Super Hi International Holding's Altman Z-Score too high?
Super Hi International Holding's current Altman Z-Score of 3.15 is 13% below median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 4.78. The Restaurants industry median Altman Z-Score is 2.22. Super Hi International Holding's value of 3.15 is 41.9% above this industry median. Based on the distribution chart, Super Hi International Holding ranks #115 out of 357 companies in the Restaurants industry, which is above the industry midpoint. Overall, Super Hi International Holding has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Super Hi International Holding's Altman Z-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Super Hi International Holding ranks #115 out of 357 companies for Altman Z-Score. This puts Super Hi International Holding in the upper half of its industry. The industry median Altman Z-Score is 2.22. Super Hi International Holding's value of 3.15 is 41.9% above this benchmark. Historically, Super Hi International Holding's own Altman Z-Score has ranged from 2.15 to 4.78 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 2.22, Super Hi International Holding 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 Restaurants company?
The median Altman Z-Score among Restaurants companies is 2.22, based on 357 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. Super Hi International Holding's current Altman Z-Score of 3.15 is 41.9% 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 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 Super Hi International Holding and its competitors. For the Restaurants industry, the median Altman Z-Score is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Hi International Holding's current Altman Z-Score is 3.15, which is 13% below median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Hi International Holding stock overvalued right now?
Based on GuruFocus' analysis, Super Hi International Holding (HDL) is currently considered Significantly Undervalued. The stock's GF Value™ is $21.25, compared to a current price of $13.19 — trading 37.9% below its estimated fair value. The current Altman Z-Score is 3.15, which is 13% below median its 10-year median of 3.62 and 41.9% above the Restaurants industry median of 2.22. Super Hi International Holding's overall GF Score™ is 59/100 with 1 warning sign to review. 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 Super Hi International Holding (HDL), the current Altman Z-Score is 3.15 as of Jul. 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 Super Hi International Holding (HDL) Overvalued in 2026?

Based on GuruFocus' analysis, Super Hi International Holding stock appears to be undervalued. The current stock price of $13.19 is trading 37.9% below its estimated GF Value™ of $21.25. GuruFocus considers Super Hi International Holding to be Significantly Undervalued.

Key valuation signals for HDL:

  • Altman Z-Score: 3.15 (13% below median its 10-year median of 3.62)
  • GF Value™: $21.25 vs. price of $13.19 (37.9% below fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 41.9% above the Restaurants median (#115 of 357)

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


Super Hi International Holding Business Description

Other Exchanges 09658:Hong Kong
Address 1 Paya Lebar Link, No. 09-04 PLQ, 1 Paya Lebar Quarter, Singapore, SGP, 408533
Super Hi International Holding Ltd is an investment holding company, and its subsidiaries are principally engaged in restaurant operations, delivery business, and sales of hot pot condiment products and food ingredients located in the overseas market outside Mainland China, Hong Kong, Macau, and Taiwan. Its mission is to become a world-wide integrated restaurant group, build the world's Chinese cuisine brand, and promote Chinese culinary heritage world-wide.
59GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.19
Price
$21.25
GF Value