MLLUY (Metallurgical of China) Altman Z-Score: 0.70 (As of Jul. 01, 2026) — 37% Below Median


MLLUY Metallurgical Corp of China Ltd MLLUY
65 GF Score
Price $3.56
GF Value $3.41
Valuation Fairly Valued
! 6 Warning Signs
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What is Metallurgical of China Altman Z-Score?

Metallurgical of China MLLUY 65 Altman Z-Score is 0.70 as of Jul. 01, 2026, which is 37% below its 10-year median of 1.11. GuruFocus rates MLLUY with a GF Score™ of 65/100 and a GF Value™ of $3.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,752 Construction companies, Metallurgical of China ranks worse than 86.36% 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 0.74 is in distress zone. This implies bankruptcy possibility in the next two years.

Metallurgical of China has a Altman Z-Score of 0.70, 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 Metallurgical of China's Altman Z-Score or its related term are showing as below:

MLLUY' s Altman Z-Score Range Over the Past 10 Years
Min: 0.74   Med: 1.11   Max: 1.42
Current: 0.74

During the past 13 years, Metallurgical of China's highest Altman Z-Score was 1.42. The lowest was 0.74. And the median was 1.11.


Metallurgical of China  (OTCPK:MLLUY) 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.


Metallurgical of China Altman Z-Score Related Terms


Metallurgical of China Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Metallurgical of China'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.

Metallurgical of China Altman Z-Score Chart

Metallurgical of China 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 1.36 1.42 1.29 0.93 0.77

Metallurgical of China 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 0.86 0.80 0.78 0.77 0.75

MLLUY vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Metallurgical of China'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.


Metallurgical of China Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Metallurgical of China's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Metallurgical of China's Altman Z-Score falls into.


MLLUY
65GF Score
Metallurgical Corp of China Ltd MLLUY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Metallurgical of China 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.

Metallurgical of China'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*0.0446+1.4*0.0641+3.3*0.0101+0.6*0.0397+1.0*0.5027
=0.70

* 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 $119,767 Mil.
Total Current Assets was $89,797 Mil.
Total Current Liabilities was $84,453 Mil.
Retained Earnings was $7,678 Mil.
Pre-Tax Income was 343.87 + -285.716 + 244.613 + 372.092 = $675 Mil.
Interest Expense was -96.604 + -211.836 + -100.008 + -126.493 = $-535 Mil.
Revenue was 13378.19 + 17078.41 + 13695.663 + 16052.087 = $60,204 Mil.
Market Cap (Today) was $3,681 Mil.
Total Liabilities was $92,790 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
=(89796.995 - 84453.261)/119766.758
=0.0446

X2=Retained Earnings/Total Assets
=7677.764/119766.758
=0.0641

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(674.859 - -534.941)/119766.758
=0.0101

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3680.518/92789.967
=0.0397

X5=Revenue/Total Assets
=60204.35/119766.758
=0.5027

The zones of discrimination were as such:

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

Metallurgical of China has a Altman Z-Score of 0.70 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 0.70 mean?
Metallurgical of China (MLLUY) has a Altman Z-Score of 0.70 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Metallurgical of China and its competitors. This is 37% below median its historical median of 1.11. Over the past decade, Metallurgical of China's Altman Z-Score has ranged from 0.74 to 1.42. According to the industry distribution chart, Metallurgical of China ranks #1513 out of 1752 companies in the Construction industry, placing it in the top 86.4%.
Is Metallurgical of China's Altman Z-Score too high?
Metallurgical of China's current Altman Z-Score of 0.70 is 37% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.42. The Construction industry median Altman Z-Score is 2.33. Metallurgical of China's value of 0.70 is 70% below this industry median. Based on the distribution chart, Metallurgical of China ranks #1513 out of 1752 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Metallurgical of China has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metallurgical of China's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Metallurgical of China ranks #1513 out of 1752 companies for Altman Z-Score. This places Metallurgical of China in the lower half of its industry. The industry median Altman Z-Score is 2.33. Metallurgical of China's value of 0.70 is 70% below this benchmark. Historically, Metallurgical of China's own Altman Z-Score has ranged from 0.74 to 1.42 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 2.33, Metallurgical of China 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,752 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. Metallurgical of China's current Altman Z-Score of 0.70 is 70% 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 Metallurgical of China and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metallurgical of China's current Altman Z-Score is 0.70, which is 37% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metallurgical of China stock overvalued right now?
Based on GuruFocus' analysis, Metallurgical of China (MLLUY) is currently considered Fairly Valued. The stock's GF Value™ is $3.41, compared to a current price of $3.56 — trading 4.3% above its estimated fair value. The current Altman Z-Score is 0.70, which is 37% below median its 10-year median of 1.11 and 70% below the Construction industry median of 2.33. Metallurgical of China's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Metallurgical of China (MLLUY), the current Altman Z-Score is 0.70 as of Jul. 01, 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 Metallurgical of China (MLLUY) Overvalued in 2026?

Based on GuruFocus' analysis, Metallurgical of China stock appears to be overvalued. The current stock price of $3.56 is trading 4.3% above its estimated GF Value™ of $3.41. GuruFocus considers Metallurgical of China to be Fairly Valued.

Key valuation signals for MLLUY:

  • Altman Z-Score: 0.70 (37% below median its 10-year median of 1.11)
  • GF Value™: $3.41 vs. price of $3.56 (4.3% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 70% below the Construction median (#1513 of 1752)

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


Metallurgical of China Business Description

Address 28, Shuguang Xili, MCC Tower, Chaoyang District, Beijing, CHN, 100028
Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating mainly in China. Its core activities include providing engineering, construction, and operational services for the iron and steel and non-ferrous metallurgy projects. The Group is also engaged in industrial construction across sectors such as electronics, precision manufacturing, light industry, petrochemicals, and power engineering, among others. Additionally, it undertakes capital construction projects, delivering full life-cycle services for urban renewal, residential, commercial, and office developments, infrastructure construction, and smart city development. The Group's reporting business segments are: Engineering Contracting, which generates the maximum revenue, and Featured Businesses.
65GF Score

Get the complete analysis for MLLUY

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

$3.56
Price
$3.41
GF Value