MITUY (Mitsui Chemicals) Altman Z-Score: 1.92 (As of Jun. 24, 2026) — Near Median


MITUY Mitsui Chemicals Inc MITUY
77 GF Score
Price $11.21
GF Value $9.87
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Mitsui Chemicals Altman Z-Score?

Mitsui Chemicals MITUY 77 Altman Z-Score is 1.92 as of Jun. 24, 2026, which is 4% below its 10-year median of 2.01. GuruFocus rates MITUY with a GF Score™ of 77/100 and a GF Value™ of $9.87 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,571 Chemicals companies, Mitsui Chemicals ranks worse than 72.95% 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 1.94 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Mitsui Chemicals has a Altman Z-Score of 1.92, indicating it is in Grey Zones. This implies that Mitsui Chemicals is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Mitsui Chemicals's Altman Z-Score or its related term are showing as below:

MITUY' s Altman Z-Score Range Over the Past 10 Years
Min: 1.85   Med: 2.01   Max: 2.16
Current: 1.94

During the past 13 years, Mitsui Chemicals's highest Altman Z-Score was 2.16. The lowest was 1.85. And the median was 2.01.


Mitsui Chemicals  (OTCPK:MITUY) 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.


Mitsui Chemicals Altman Z-Score Related Terms


Mitsui Chemicals Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mitsui Chemicals'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.

Mitsui Chemicals Altman Z-Score Chart

Mitsui Chemicals 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 1.99 2.08 1.98 1.93 1.89

Mitsui Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.93 1.90 1.94 1.87 1.89

MITUY vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Mitsui Chemicals'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.


Mitsui Chemicals Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsui Chemicals's Altman Z-Score distribution charts can be found below:

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


MITUY
77GF Score
Mitsui Chemicals Inc MITUY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsui Chemicals 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.

Mitsui Chemicals'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*0.1869+1.4*0.2912+3.3*0.041+0.6*0.5631+1.0*0.8114
=1.92

* 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. 2026:
Total Assets was $13,559 Mil.
Total Current Assets was $6,259 Mil.
Total Current Liabilities was $3,725 Mil.
Retained Earnings was $3,949 Mil.
Pre-Tax Income was 107.605 + 162.71 + 109.635 + 68.887 = $449 Mil.
Interest Expense was -36.639 + -30.953 + -7.649 + -32.225 = $-107 Mil.
Revenue was 2836.119 + 2598.345 + 2693.306 + 2874.723 = $11,002 Mil.
Market Cap (Today) was $4,126 Mil.
Total Liabilities was $7,328 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
=(6258.773 - 3725.05)/13559.462
=0.1869

X2=Retained Earnings/Total Assets
=3948.868/13559.462
=0.2912

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(448.837 - -107.466)/13559.462
=0.041

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4126.401/7328.259
=0.5631

X5=Revenue/Total Assets
=11002.493/13559.462
=0.8114

The zones of discrimination were as such:

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

Mitsui Chemicals has a Altman Z-Score of 1.92 indicating it is in Grey 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 1.92 mean?
Mitsui Chemicals (MITUY) has a Altman Z-Score of 1.92 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mitsui Chemicals and its competitors. This is near median its historical median of 2.01. Over the past decade, Mitsui Chemicals' Altman Z-Score has ranged from 1.85 to 2.16. According to the industry distribution chart, Mitsui Chemicals ranks #1146 out of 1571 companies in the Chemicals industry, placing it in the top 72.9%.
Is Mitsui Chemicals' Altman Z-Score too high?
Mitsui Chemicals' current Altman Z-Score of 1.92 is near median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 2.16. The Chemicals industry median Altman Z-Score is 3.18. Mitsui Chemicals' value of 1.92 is 39.6% below this industry median. Based on the distribution chart, Mitsui Chemicals ranks #1146 out of 1571 companies in the Chemicals industry, which is below the industry midpoint. Overall, Mitsui Chemicals has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsui Chemicals' Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mitsui Chemicals ranks #1146 out of 1571 companies for Altman Z-Score. This places Mitsui Chemicals in the lower half of its industry. The industry median Altman Z-Score is 3.18. Mitsui Chemicals' value of 1.92 is 39.6% below this benchmark. Historically, Mitsui Chemicals' own Altman Z-Score has ranged from 1.85 to 2.16 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 3.18, Mitsui Chemicals 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.18, based on 1,571 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. Mitsui Chemicals's current Altman Z-Score of 1.92 is 39.6% 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 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 Mitsui Chemicals and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui Chemicals's current Altman Z-Score is 1.92, which is near median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Mitsui Chemicals (MITUY) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.87, compared to a current price of $11.21 — trading 13.6% above its estimated fair value. The current Altman Z-Score is 1.92, which is near median its 10-year median of 2.01 and 39.6% below the Chemicals industry median of 3.18. Mitsui Chemicals' overall GF Score™ is 77/100 with 10 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 Mitsui Chemicals (MITUY), the current Altman Z-Score is 1.92 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 Mitsui Chemicals (MITUY) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Chemicals stock appears to be overvalued. The current stock price of $11.21 is trading 13.6% above its estimated GF Value™ of $9.87. GuruFocus considers Mitsui Chemicals to be Modestly Overvalued.

Key valuation signals for MITUY:

  • Altman Z-Score: 1.92 (near median its 10-year median of 2.01)
  • GF Value™: $9.87 vs. price of $11.21 (13.6% above fair value)
  • GF Score™: 77/100 with 10 warning signs
  • Industry Position: 39.6% below the Chemicals median (#1146 of 1571)

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


Mitsui Chemicals Business Description

Other Exchanges 4183:JapanMSI:Germany
Address 2-2-1 Yaesu, Midtown Yaesu Yaesu Central Tower, Chuo-ku, Tokyo, JPN, 104-0028
Mitsui Chemicals Inc manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm organizes itself into four segments. The Basic & Green Materials segment provides ethylene, propylene, polyethylene, polypropylene, catalysts, phenols, PTA, PET resins, polyurethane, and industrial chemicals. The ICT Solutions segment supplies semiconductors, electronic components, process and optical materials, and battery-related materials. The Life & Healthcare Solutions segment covers vision care, nonwovens, oral and personal care materials, and agricultural chemicals. The Mobility Solutions segment offers elastomers, functional compounds, polypropylene compounds, and automotive-related products, while Others include related businesses.
77GF Score

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

$11.21
Price
$9.87
GF Value