MDXXF (Pharmala Biotech Holdings) Altman Z-Score: 4.28 (As of Jul. 11, 2026) — 11% Above Median


MDXXF Pharmala Biotech Holdings Inc MDXXF
35 GF Score
Price $0.11
GF Value $0.15
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Pharmala Biotech Holdings Altman Z-Score?

Pharmala Biotech Holdings MDXXF +7.74% 35 Altman Z-Score is 4.28 as of Jul. 11, 2026, which is 11% above its 10-year median of 3.86. GuruFocus rates MDXXF with a GF Score™ of 35/100 and a GF Value™ of $0.15 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 925 Biotechnology companies, Pharmala Biotech Holdings ranks better than 60.32% 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 4.62 is strong.

Pharmala Biotech Holdings has a Altman Z-Score of 4.28, 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 Pharmala Biotech Holdings's Altman Z-Score or its related term are showing as below:

MDXXF' s Altman Z-Score Range Over the Past 10 Years
Min: -1.63   Med: 3.86   Max: 17.57
Current: 4.62

During the past 5 years, Pharmala Biotech Holdings's highest Altman Z-Score was 17.57. The lowest was -1.63. And the median was 3.86.


Pharmala Biotech Holdings  (OTCPK:MDXXF) 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.


Pharmala Biotech Holdings Altman Z-Score Related Terms


Pharmala Biotech Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Pharmala Biotech 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.

Pharmala Biotech Holdings Altman Z-Score Chart

Pharmala Biotech Holdings Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
Altman Z-Score
0.00 2.75 7.64 2.41 4.38

Pharmala Biotech Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 10.54 3.21 4.38 1.64 1.58

MDXXF vs VRTX, REGN, ALNY: Altman Z-Score Comparison

For the Biotechnology subindustry, Pharmala Biotech 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.


Pharmala Biotech Holdings Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Pharmala Biotech Holdings's Altman Z-Score distribution charts can be found below:

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


MDXXF
35GF Score
Pharmala Biotech Holdings Inc MDXXF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Pharmala Biotech 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.

Pharmala Biotech 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*0.1317+1.4*-2.5177+3.3*-0.5146+0.6*15.1052+1.0*0.2809
=4.28

* 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 Feb. 2026:
Total Assets was $2.29 Mil.
Total Current Assets was $1.02 Mil.
Total Current Liabilities was $0.71 Mil.
Retained Earnings was $-5.77 Mil.
Pre-Tax Income was -0.248 + -0.292 + -0.262 + -0.378 = $-1.18 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 0.206 + 0.147 + 0.194 + 0.097 = $0.64 Mil.
Market Cap (Today) was $10.77 Mil.
Total Liabilities was $0.71 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
=(1.015 - 0.713)/2.293
=0.1317

X2=Retained Earnings/Total Assets
=-5.773/2.293
=-2.5177

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.18 - 0)/2.293
=-0.5146

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=10.770/0.713
=15.1052

X5=Revenue/Total Assets
=0.644/2.293
=0.2809

The zones of discrimination were as such:

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

Pharmala Biotech Holdings has a Altman Z-Score of 4.28 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 4.28 mean?
Pharmala Biotech Holdings (MDXXF) has a Altman Z-Score of 4.28 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pharmala Biotech Holdings and its competitors. This is 11% above median its historical median of 3.86. According to the industry distribution chart, Pharmala Biotech Holdings ranks #367 out of 925 companies in the Biotechnology industry, placing it in the top 39.7%.
Is Pharmala Biotech Holdings' Altman Z-Score too high?
Pharmala Biotech Holdings' current Altman Z-Score of 4.28 is 11% above median its 10-year median of 3.86. The Biotechnology industry median Altman Z-Score is 2.76. Pharmala Biotech Holdings' value of 4.28 is 55.1% above this industry median. Based on the distribution chart, Pharmala Biotech Holdings ranks #367 out of 925 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Pharmala Biotech Holdings has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pharmala Biotech Holdings' Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Pharmala Biotech Holdings ranks #367 out of 925 companies for Altman Z-Score. This puts Pharmala Biotech Holdings in the upper half of its industry. The industry median Altman Z-Score is 2.76. Pharmala Biotech Holdings' value of 4.28 is 55.1% above this benchmark. While the company's 10-year median is 3.86 vs. the industry median of 2.76, Pharmala Biotech Holdings 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.76, based on 925 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. Pharmala Biotech Holdings's current Altman Z-Score of 4.28 is 55.1% 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 Pharmala Biotech Holdings and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pharmala Biotech Holdings's current Altman Z-Score is 4.28, which is 11% above median its own 10-year median of 3.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharmala Biotech Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pharmala Biotech Holdings (MDXXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.15, compared to a current price of $0.11 — trading 28.2% below its estimated fair value. The current Altman Z-Score is 4.28, which is 11% above median its 10-year median of 3.86 and 55.1% above the Biotechnology industry median of 2.76. Pharmala Biotech Holdings' overall GF Score™ is 35/100 with 1 warning sign 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 Pharmala Biotech Holdings (MDXXF), the current Altman Z-Score is 4.28 as of Jul. 11, 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 Pharmala Biotech Holdings (MDXXF) Overvalued in 2026?

Based on GuruFocus' analysis, Pharmala Biotech Holdings stock appears to be undervalued. The current stock price of $0.11 is trading 28.2% below its estimated GF Value™ of $0.15. GuruFocus considers Pharmala Biotech Holdings to be Modestly Undervalued.

Key valuation signals for MDXXF:

  • Altman Z-Score: 4.28 (11% above median its 10-year median of 3.86)
  • GF Value™: $0.15 vs. price of $0.11 (28.2% below fair value)
  • GF Score™: 35/100 with 1 warning sign
  • Industry Position: 55.1% above the Biotechnology median (#367 of 925)

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


Pharmala Biotech Holdings Business Description

Other Exchanges MDMA:Canada
Address 1 Adelaide Street East, Suite 801, Toranto, ON, CAN, M5C 2V9
Pharmala Biotech Holdings Inc is a Canadian Biotechnology company focused on the development, manufacture and sales of MDMA and MDXX class molecules in service to the burgeoning clinical research community and growing commercial use cases in select jurisdictions. The company produces its MDMA active pharmaceutical ingredient under the LaNeo brand through Good Manufacturing Practice (GMP) processes, aiming to address shortages for clinical trials investigating treatments for various disorders. It generates revenue from the sale of tablets, raw MDMA and MDXX compounds/formulations, and royalties from licensing of its IP.
35GF Score

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

$0.11
Price
$0.15
GF Value