OOH Holdings (HKSE:08091) Altman Z-Score: 1.30 (As of Jul. 12, 2026) — 22% Below Median


What is OOH Holdings Altman Z-Score?

OOH Holdings HKSE:08091 Altman Z-Score is 1.30 as of Jul. 12, 2026, which is 22% below its 10-year median of 1.66. The stock has 3 warning signs investors should review. Among 1,009 Media - Diversified companies, OOH Holdings ranks worse than 76.61% 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 0.46 is in distress zone. This implies bankruptcy possibility in the next two years.

OOH Holdings has a Altman Z-Score of 1.30, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 OOH Holdings's Altman Z-Score or its related term are showing as below:

HKSE:08091' s Altman Z-Score Range Over the Past 10 Years
Min: 0.33   Med: 1.66   Max: 9.89
Current: 0.46

During the past 12 years, OOH Holdings's highest Altman Z-Score was 9.89. The lowest was 0.33. And the median was 1.66.


OOH Holdings  (HKSE:08091) 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.


OOH Holdings Altman Z-Score Related Terms


OOH Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for OOH Holdings'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.

OOH Holdings Altman Z-Score Chart

OOH Holdings 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 1.66 0.77 0.79 0.33 0.00

OOH Holdings 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 0.79 0.40 0.33 0.00 0.00

HKSE:08091 vs APP, OMC, TTD: Altman Z-Score Comparison

For the Advertising Agencies subindustry, OOH Holdings'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.


OOH Holdings Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, OOH Holdings's Altman Z-Score distribution charts can be found below:

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



OOH Holdings 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.

OOH Holdings'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*0.0796+1.4*0+3.3*-0.0238+0.6*0.637+1.0*0.9041
=1.30

* 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$51.22 Mil.
Total Current Assets was HK$21.40 Mil.
Total Current Liabilities was HK$17.32 Mil.
Retained Earnings was HK$0.00 Mil.
Pre-Tax Income was HK$-2.39 Mil.
Interest Expense was HK$-1.17 Mil.
Revenue was HK$46.31 Mil.
Market Cap (Today) was HK$21.60 Mil.
Total Liabilities was HK$33.91 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
=(21.399 - 17.322)/51.215
=0.0796

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-2.386 - -1.165)/51.215
=-0.0238

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=21.600/33.911
=0.637

X5=Revenue/Total Assets
=46.305/51.215
=0.9041

The zones of discrimination were as such:

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

OOH Holdings has a Altman Z-Score of 1.30 indicating it is in Distress 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 1.30 mean?
OOH Holdings (HKSE:08091) has a Altman Z-Score of 1.30 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on OOH Holdings and its competitors. This is 22% below median its historical median of 1.66. Over the past decade, OOH Holdings' Altman Z-Score has ranged from 0.33 to 9.89. According to the industry distribution chart, OOH Holdings ranks #773 out of 1009 companies in the Media - Diversified industry, placing it in the top 76.6%.
Is OOH Holdings' Altman Z-Score too high?
OOH Holdings' current Altman Z-Score of 1.30 is 22% below median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 9.89. The Media - Diversified industry median Altman Z-Score is 1.97. OOH Holdings' value of 1.30 is 34% below this industry median. Based on the distribution chart, OOH Holdings ranks #773 out of 1009 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does OOH Holdings' Altman Z-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, OOH Holdings ranks #773 out of 1009 companies for Altman Z-Score. This places OOH Holdings in the lower half of its industry. The industry median Altman Z-Score is 1.97. OOH Holdings' value of 1.30 is 34% below this benchmark. Historically, OOH Holdings' own Altman Z-Score has ranged from 0.33 to 9.89 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.97, OOH Holdings has consistently been below 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.97, based on 1,009 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. OOH Holdings's current Altman Z-Score of 1.30 is 34% below 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 OOH Holdings and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OOH Holdings's current Altman Z-Score is 1.30, which is 22% below median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OOH Holdings stock overvalued right now?
Based on GuruFocus' analysis, OOH Holdings (HKSE:08091) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.03 — trading right at its estimated fair value. The current Altman Z-Score is 1.30, which is 22% below median its 10-year median of 1.66 and 34% below the Media - Diversified industry median of 1.97. 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 OOH Holdings (HKSE:08091), the current Altman Z-Score is 1.30 as of Jul. 12, 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.

OOH Holdings Business Description

Address 189 Wai Yip Street, Suite A5, 9th Floor, Jumbo Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG
OOH Holdings Ltd is engaged in the provision of Out-Of-Home (OOH) advertising space and services to customers, that comprise direct advertisers aiming to promote their brands, products, or services, and advertising agencies acting for their advertisers. The firm's revenue is derived from the provision of advertising display services and esports event management services. Its segments are the Transportation business, Healthcare business. It derives a majority of the revenue from the Transportation Business segment which covers the provision of advertising display services over the transportation media platforms. The principal place of the group's operation is in Hong Kong.