Petronas Chemicals Group BhdPECGF 79 Altman Z2-Score is 3.72 as of Jun. 28, 2026, which is 43% below its 10-year median of 6.56. GuruFocus rates PECGF with a GF Score™ of 79/100 and a GF Value™ of $1.17. The stock has 6 warning signs investors should review. Among 1,591 Chemicals companies, Petronas Chemicals Group Bhd ranks worse than 52.36% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Good Sign:
Petronas Chemicals Group Bhd has a Altman Z2-Score of 3.72, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for Petronas Chemicals Group Bhd's Altman Z2-Score or its related term are showing as below:
PECGF'
s Altman Z2-Score Range Over the Past 10 Years
Min: 3.64 Med: 6.56 Max: 11.44
Current: 3.71
During the past 13 years, Petronas Chemicals Group Bhd's highest Altman Z2-Score was 11.44. The lowest was 3.64. And the median was 6.56.
Petronas Chemicals Group Bhd (OTCPK:PECGF) Altman Z2-Score Explanation
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
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.
* 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.
Petronas Chemicals Group Bhd Altman Z2-Score Chart
For the Chemicals subindustry, Petronas Chemicals Group Bhd's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.
Petronas Chemicals Group Bhd Altman Z2-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Petronas Chemicals Group Bhd's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Petronas Chemicals Group Bhd's Altman Z2-Score falls into.
Petronas Chemicals Group Bhd Altman Z2-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.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
* 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 Z2-Score when X4_2 value is 0.
Petronas Chemicals Group Bhd (PECGF) has a Altman Z2-Score of 3.72 as of Jun. 28, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Petronas Chemicals Group Bhd and its competitors. This is 43% below median its historical median of 6.56. Over the past decade, Petronas Chemicals Group Bhd's Altman Z2-Score has ranged from 3.64 to 11.44. According to the industry distribution chart, Petronas Chemicals Group Bhd ranks #833 out of 1591 companies in the Chemicals industry, placing it in the top 52.4%.
Is Petronas Chemicals Group Bhd's Altman Z2-Score too high?
Petronas Chemicals Group Bhd's current Altman Z2-Score of 3.72 is 43% below median its 10-year median of 6.56. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 11.44. The Chemicals industry median Altman Z2-Score is 3.94. Petronas Chemicals Group Bhd's value of 3.72 is 5.6% below this industry median. Based on the distribution chart, Petronas Chemicals Group Bhd ranks #833 out of 1591 companies in the Chemicals industry, which is below the industry midpoint. Overall, Petronas Chemicals Group Bhd has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Petronas Chemicals Group Bhd's Altman Z2-Score compare to DOW?
According to the Chemicals industry distribution chart, Petronas Chemicals Group Bhd ranks #833 out of 1591 companies for Altman Z2-Score. This places Petronas Chemicals Group Bhd in the lower half of its industry. The industry median Altman Z2-Score is 3.94. Petronas Chemicals Group Bhd's value of 3.72 is 5.6% below this benchmark. Historically, Petronas Chemicals Group Bhd's own Altman Z2-Score has ranged from 3.64 to 11.44 over the past decade. While the company's 10-year median is 6.56 vs. the industry median of 3.94, Petronas Chemicals Group Bhd 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 Z2-Score for a Chemicals company?
The median Altman Z2-Score among Chemicals companies is 3.94, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petronas Chemicals Group Bhd's current Altman Z2-Score of 3.72 is 5.6% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Petronas Chemicals Group Bhd and its competitors. For the Chemicals industry, the median Altman Z2-Score is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petronas Chemicals Group Bhd's current Altman Z2-Score is 3.72, which is 43% below median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Chemicals Group Bhd stock overvalued right now?
Petronas Chemicals Group Bhd (PECGF) has a current Altman Z2-Score of 3.72. The stock's GF Value™ is $1.17, compared to a current price of $0.86 — trading 26.8% below its estimated fair value. The current Altman Z2-Score is 3.72, which is 43% below median its 10-year median of 6.56 and 5.6% below the Chemicals industry median of 3.94. Petronas Chemicals Group Bhd's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Petronas Chemicals Group Bhd (PECGF), the current Altman Z2-Score is 3.72 as of Jun. 28, 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 Petronas Chemicals Group Bhd (PECGF) Overvalued in 2026?
Based on GuruFocus' analysis, Petronas Chemicals Group Bhd stock appears to be undervalued.
The current stock price of $0.86 is trading 26.8% below its estimated GF Value™ of $1.17.
Key valuation signals for PECGF:
Altman Z2-Score: 3.72 (43% below median its 10-year median of 6.56)
GF Value™: $1.17 vs. price of $0.86 (26.8% below fair value)
Industry Position: 5.6% below the Chemicals median (#833 of 1591)
No single metric tells the full story. See the PECGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into three segments based on product type: Olefins and Derivatives; Fertilizers and Methanol, Specialty Chemicals and others. The Olefins and Derivatives segment, which generates the majority of revenue, is engaged in manufacturing and marketing of a wide range of olefin and polymer products, such as Ethylene, Propylene, and Butyl Acetate among others, which are used as a basic feedstock for other products, to intermediate products including basic and high performance chemicals. The majority of the revenue comes from Malaysia and the rest from China, Thailand, Indonesia, Sweden and other regions.
79GF Score
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