TPIHF (Transport International Holdings) Altman Z-Score: 1.61 (As of Jul. 02, 2026) — Near Median


TPIHF Transport International Holdings Ltd TPIHF
67 GF Score
Price $2.97
GF Value $2.95
! 5 Warning Signs
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What is Transport International Holdings Altman Z-Score?

Transport International Holdings TPIHF 67 Altman Z-Score is 1.61 as of Jul. 02, 2026, which is 1% above its 10-year median of 1.59. GuruFocus rates TPIHF with a GF Score™ of 67/100 and a GF Value™ of $2.95. The stock has 5 warning signs investors should review. Among 994 Transportation companies, Transport International Holdings ranks worse than 65.39% 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 1.62 is in distress zone. This implies bankruptcy possibility in the next two years.

Transport International Holdings has a Altman Z-Score of 1.61, 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 Transport International Holdings's Altman Z-Score or its related term are showing as below:

TPIHF' s Altman Z-Score Range Over the Past 10 Years
Min: 0.94   Med: 1.59   Max: 2.05
Current: 1.62

During the past 13 years, Transport International Holdings's highest Altman Z-Score was 2.05. The lowest was 0.94. And the median was 1.59.


Transport International Holdings  (OTCPK:TPIHF) 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.


Transport International Holdings Altman Z-Score Related Terms


Transport International Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Transport International 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.

Transport International Holdings Altman Z-Score Chart

Transport International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.50 1.49 1.50 1.67

Transport International Holdings Semi-Annual Data
Jun16 Dec16 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 Premium Member Only Premium Member Only 1.49 0.00 1.50 0.00 1.67

TPIHF vs UNP, CSX, NSC: Altman Z-Score Comparison

For the Railroads subindustry, Transport International 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.


Transport International Holdings Altman Z-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Transport International Holdings's Altman Z-Score distribution charts can be found below:

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


TPIHF
67GF Score
Transport International Holdings Ltd TPIHF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Transport International 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.

Transport International 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*-0.0591+1.4*0.5445+3.3*0.0236+0.6*0.8094+1.0*0.3599
=1.61

* 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 Dec. 2025:
Total Assets was $3,015 Mil.
Total Current Assets was $374 Mil.
Total Current Liabilities was $552 Mil.
Retained Earnings was $1,642 Mil.
Pre-Tax Income was $63 Mil.
Interest Expense was $-8 Mil.
Revenue was $1,085 Mil.
Market Cap (Today) was $654 Mil.
Total Liabilities was $808 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
=(373.868 - 551.912)/3015.102
=-0.0591

X2=Retained Earnings/Total Assets
=1641.681/3015.102
=0.5445

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(63.395 - -7.881)/3015.102
=0.0236

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=653.968/807.976
=0.8094

X5=Revenue/Total Assets
=1085.072/3015.102
=0.3599

The zones of discrimination were as such:

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

Transport International Holdings has a Altman Z-Score of 1.61 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 1.61 mean?
Transport International Holdings (TPIHF) has a Altman Z-Score of 1.61 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Transport International Holdings and its competitors. This is near median its historical median of 1.59. Over the past decade, Transport International Holdings' Altman Z-Score has ranged from 0.94 to 2.05. According to the industry distribution chart, Transport International Holdings ranks #650 out of 994 companies in the Transportation industry, placing it in the top 65.4%.
Is Transport International Holdings' Altman Z-Score too high?
Transport International Holdings' current Altman Z-Score of 1.61 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.05. The Transportation industry median Altman Z-Score is 2.27. Transport International Holdings' value of 1.61 is 29.1% below this industry median. Based on the distribution chart, Transport International Holdings ranks #650 out of 994 companies in the Transportation industry, which is below the industry midpoint. Overall, Transport International Holdings has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Transport International Holdings' Altman Z-Score compare to UNP and CSX?
According to the Transportation industry distribution chart, Transport International Holdings ranks #650 out of 994 companies for Altman Z-Score. This places Transport International Holdings in the lower half of its industry. The industry median Altman Z-Score is 2.27. Transport International Holdings' value of 1.61 is 29.1% below this benchmark. Historically, Transport International Holdings' own Altman Z-Score has ranged from 0.94 to 2.05 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 2.27, Transport International 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.27, based on 994 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. Transport International Holdings's current Altman Z-Score of 1.61 is 29.1% 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 Transport International Holdings and its competitors. For the Transportation industry, the median Altman Z-Score is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transport International Holdings's current Altman Z-Score is 1.61, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transport International Holdings stock overvalued right now?
Transport International Holdings (TPIHF) has a current Altman Z-Score of 1.61. The stock's GF Value™ is $2.95, compared to a current price of $2.97 — trading 0.7% above its estimated fair value. The current Altman Z-Score is 1.61, which is near median its 10-year median of 1.59 and 29.1% below the Transportation industry median of 2.27. Transport International Holdings' overall GF Score™ is 67/100 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 Transport International Holdings (TPIHF), the current Altman Z-Score is 1.61 as of Jul. 02, 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 Transport International Holdings (TPIHF) Overvalued in 2026?

Based on GuruFocus' analysis, Transport International Holdings stock appears to be overvalued. The current stock price of $2.97 is trading 0.7% above its estimated GF Value™ of $2.95.

Key valuation signals for TPIHF:

  • Altman Z-Score: 1.61 (near median its 10-year median of 1.59)
  • GF Value™: $2.95 vs. price of $2.97 (0.7% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 29.1% below the Transportation median (#650 of 994)

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


Transport International Holdings Business Description

Other Exchanges 00062:Hong Kong
Address 9 Po Lun Street, 15th Floor, Lai Chi Kok, Kowloon, Hong Kong, HKG
Transport International Holdings Ltd is a public transportation company domiciled in the People's Republic of China. Its main segments include franchised bus operation and property holdings and development. The franchised bus operation segment, which generates the vast majority of revenue, provides franchised public bus services in Hong Kong. The property holdings and development segment develops and leases nonresidential properties for use as investment properties.
67GF Score

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

$2.97
Price
$2.95
GF Value