Plover Bay TechnologiesPBTDF 65 Altman Z-Score is 15.55 as of Jun. 24, 2026, which is 66% above its 10-year median of 9.38. GuruFocus rates PBTDF with a GF Score™ of 65/100 and a GF Value™ of $0.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,456 Hardware companies, Plover Bay Technologies ranks better than 90.88% 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 16.37 is strong.
Plover Bay Technologies has a Altman Z-Score of 15.55, 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 Plover Bay Technologies's Altman Z-Score or its related term are showing as below:
PBTDF'
s Altman Z-Score Range Over the Past 10 Years
Min: 6.05 Med: 9.38 Max: 16.37
Current: 16.37
During the past 13 years, Plover Bay Technologies's highest Altman Z-Score was 16.37. The lowest was 6.05. And the median was 9.38.
Plover Bay Technologies (OTCPK:PBTDF) 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.
* 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.
PBTDF vs CSCO, CIEN, MSI: Altman Z-Score Comparison
For the Communication Equipment subindustry, Plover Bay Technologies'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.
Plover Bay Technologies Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Plover Bay Technologies's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Plover Bay Technologies's Altman Z-Score falls into.
Plover Bay Technologies 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.
* 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.
Plover Bay Technologies (PBTDF) has a Altman Z-Score of 15.55 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Plover Bay Technologies and its competitors. This is 66% above median its historical median of 9.38. Over the past decade, Plover Bay Technologies' Altman Z-Score has ranged from 6.05 to 16.37. According to the industry distribution chart, Plover Bay Technologies ranks #224 out of 2456 companies in the Hardware industry, placing it in the top 9.1%.
Is Plover Bay Technologies' Altman Z-Score too high?
Plover Bay Technologies' current Altman Z-Score of 15.55 is 66% above median its 10-year median of 9.38. Over the past 10 years, this metric has ranged from a low of 6.05 to a high of 16.37. The Hardware industry median Altman Z-Score is 3.71. Plover Bay Technologies' value of 15.55 is 319.1% above this industry median. Based on the distribution chart, Plover Bay Technologies ranks #224 out of 2456 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Plover Bay Technologies has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plover Bay Technologies' Altman Z-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Plover Bay Technologies ranks #224 out of 2456 companies for Altman Z-Score. This places Plover Bay Technologies in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.71. Plover Bay Technologies' value of 15.55 is 319.1% above this benchmark. Historically, Plover Bay Technologies' own Altman Z-Score has ranged from 6.05 to 16.37 over the past decade. While the company's 10-year median is 9.38 vs. the industry median of 3.71, Plover Bay Technologies 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.71, based on 2,456 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. Plover Bay Technologies's current Altman Z-Score of 15.55 is 319.1% 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 Plover Bay Technologies and its competitors. For the Hardware industry, the median Altman Z-Score is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plover Bay Technologies's current Altman Z-Score is 15.55, which is 66% above median its own 10-year median of 9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plover Bay Technologies stock overvalued right now?
Based on GuruFocus' analysis, Plover Bay Technologies (PBTDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.71, compared to a current price of $1.13 — trading 59.2% above its estimated fair value. The current Altman Z-Score is 15.55, which is 66% above median its 10-year median of 9.38 and 319.1% above the Hardware industry median of 3.71. Plover Bay Technologies' overall GF Score™ is 65/100 with 5 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 Plover Bay Technologies (PBTDF), the current Altman Z-Score is 15.55 as of Jun. 24, 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 Plover Bay Technologies (PBTDF) Overvalued in 2026?
Based on GuruFocus' analysis, Plover Bay Technologies stock appears to be overvalued.
The current stock price of $1.13 is trading 59.2% above its estimated GF Value™ of $0.71.
GuruFocus considers Plover Bay Technologies to be Significantly Overvalued.
Key valuation signals for PBTDF:
Altman Z-Score: 15.55 (66% above median its 10-year median of 9.38)
GF Value™: $0.71 vs. price of $1.13 (59.2% above fair value)
Industry Position: 319.1% above the Hardware median (#224 of 2456)
No single metric tells the full story. See the PBTDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plover Bay Technologies Ltd is an investment holding company. It is a vendor of connectivity hardware, software, and services. The company's products include wired SD-WAN routers, wireless SD-WAN routers, and networking peripherals that support customer's networks. It also engages in the sales of software licences and the provision of warranty and support services. Companies' segments consist mainly of the following categories: SD-WAN routers; Mobile First Connectivity, which denotes products connected through mobile networks; warranty and support services; and software licences. The Mobile First Connectivity has the highest revenue. Geographical regions: North America, EMEA, Asia, and other regions.
65GF Score
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