Flydoo Technology Holding (HKSE:08069) Altman Z-Score: 3.08 (As of Jul. 13, 2026) — 30% Below Median


HKSE:08069 Flydoo Technology Holding Ltd HKSE:08069
52 GF Score
Price HK$0.41
GF Value HK$0.99
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Flydoo Technology Holding Altman Z-Score?

Flydoo Technology Holding HKSE:08069 52 Altman Z-Score is 3.08 as of Jul. 13, 2026, which is 30% below its 10-year median of 4.42. GuruFocus rates HKSE:08069 with a GF Score™ of 52/100 and a GF Value™ of HK$0.99 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 837 Travel & Leisure companies, Flydoo Technology Holding ranks better than 63.2% 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 2.87 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.

Flydoo Technology Holding has a Altman Z-Score of 3.08, 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 Flydoo Technology Holding's Altman Z-Score or its related term are showing as below:

HKSE:08069' s Altman Z-Score Range Over the Past 10 Years
Min: 0.89   Med: 4.42   Max: 34.13
Current: 2.87

During the past 12 years, Flydoo Technology Holding's highest Altman Z-Score was 34.13. The lowest was 0.89. And the median was 4.42.


Flydoo Technology Holding  (HKSE:08069) 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.


Flydoo Technology Holding Altman Z-Score Related Terms


Flydoo Technology Holding Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Flydoo Technology 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.

Flydoo Technology Holding Altman Z-Score Chart

Flydoo Technology Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 0.89 2.71 2.92 0.00

Flydoo Technology Holding Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 Premium Member Only Premium Member Only 2.71 1.18 2.92 0.00 0.00

HKSE:08069 vs BKNG, ABNB, RCL: Altman Z-Score Comparison

For the Travel Services subindustry, Flydoo Technology 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.


Flydoo Technology Holding Altman Z-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flydoo Technology Holding's Altman Z-Score distribution charts can be found below:

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


HKSE:08069
52GF Score
Flydoo Technology Holding Ltd HKSE:08069
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Flydoo Technology 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.

Flydoo Technology 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*0.3499+1.4*0+3.3*-0.1045+0.6*0.2585+1.0*2.8471
=3.08

* 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 Mar. 2025:
Total Assets was HK$109.1 Mil.
Total Current Assets was HK$101.4 Mil.
Total Current Liabilities was HK$63.2 Mil.
Retained Earnings was HK$0.0 Mil.
Pre-Tax Income was HK$-11.6 Mil.
Interest Expense was HK$-0.2 Mil.
Revenue was HK$310.7 Mil.
Market Cap (Today) was HK$16.7 Mil.
Total Liabilities was HK$64.8 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
=(101.42 - 63.237)/109.136
=0.3499

X2=Retained Earnings/Total Assets
=0/109.136
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-11.605 - -0.197)/109.136
=-0.1045

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=16.743/64.777
=0.2585

X5=Revenue/Total Assets
=310.722/109.136
=2.8471

The zones of discrimination were as such:

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

Flydoo Technology Holding has a Altman Z-Score of 3.08 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 3.08 mean?
Flydoo Technology Holding (HKSE:08069) has a Altman Z-Score of 3.08 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Flydoo Technology Holding and its competitors. This is 30% below median its historical median of 4.42. Over the past decade, Flydoo Technology Holding's Altman Z-Score has ranged from 0.89 to 34.13. According to the industry distribution chart, Flydoo Technology Holding ranks #308 out of 837 companies in the Travel & Leisure industry, placing it in the top 36.8%.
Is Flydoo Technology Holding's Altman Z-Score too high?
Flydoo Technology Holding's current Altman Z-Score of 3.08 is 30% below median its 10-year median of 4.42. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 34.13. The Travel & Leisure industry median Altman Z-Score is 2.01. Flydoo Technology Holding's value of 3.08 is 53.2% above this industry median. Based on the distribution chart, Flydoo Technology Holding ranks #308 out of 837 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Flydoo Technology Holding has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flydoo Technology Holding's Altman Z-Score compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Flydoo Technology Holding ranks #308 out of 837 companies for Altman Z-Score. This puts Flydoo Technology Holding in the upper half of its industry. The industry median Altman Z-Score is 2.01. Flydoo Technology Holding's value of 3.08 is 53.2% above this benchmark. Historically, Flydoo Technology Holding's own Altman Z-Score has ranged from 0.89 to 34.13 over the past decade. While the company's 10-year median is 4.42 vs. the industry median of 2.01, Flydoo Technology 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 2.01, based on 837 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. Flydoo Technology Holding's current Altman Z-Score of 3.08 is 53.2% 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 Flydoo Technology Holding and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flydoo Technology Holding's current Altman Z-Score is 3.08, which is 30% below median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flydoo Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Flydoo Technology Holding (HKSE:08069) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.99, compared to a current price of HK$0.41 — trading 58.6% below its estimated fair value. The current Altman Z-Score is 3.08, which is 30% below median its 10-year median of 4.42 and 53.2% above the Travel & Leisure industry median of 2.01. Flydoo Technology Holding's overall GF Score™ is 52/100 with 2 warning signs 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 Flydoo Technology Holding (HKSE:08069), the current Altman Z-Score is 3.08 as of Jul. 13, 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 Flydoo Technology Holding (HKSE:08069) Overvalued in 2026?

Based on GuruFocus' analysis, Flydoo Technology Holding stock appears to be undervalued. The current stock price of HK$0.41 is trading 58.6% below its estimated GF Value™ of HK$0.99. GuruFocus considers Flydoo Technology Holding to be Significantly Undervalued.

Key valuation signals for HKSE:08069:

  • Altman Z-Score: 3.08 (30% below median its 10-year median of 4.42)
  • GF Value™: HK$0.99 vs. price of HK$0.41 (58.6% below fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 53.2% above the Travel & Leisure median (#308 of 837)

No single metric tells the full story. See the HKSE:08069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flydoo Technology Holding Business Description

Address 28 Canton Road, Unit 706-8, 7th Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Flydoo Technology Holding Ltd mainly operates its travel segment, which designs, develops, and sells package tours and adjacent products such as air tickets and hotel accommodations. Its Business segments are Travel Related Products and Services, Tourism and Travel Technology Investments, and Other Business Ancillary.
52GF Score

Get the complete analysis for HKSE:08069

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

HK$0.41
Price
HK$0.99
GF Value