Crown Asia Chemicals (PHS:CROWN) Altman Z-Score: 3.66 (As of Jul. 01, 2026) — 11% Below Median


PHS:CROWN Crown Asia Chemicals Corp PHS:CROWN
73 GF Score
Price ₱1.78
GF Value ₱1.32
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Crown Asia Chemicals Altman Z-Score?

Crown Asia Chemicals PHS:CROWN 73 Altman Z-Score is 3.66 as of Jul. 01, 2026, which is 11% below its 10-year median of 4.12. GuruFocus rates PHS:CROWN with a GF Score™ of 73/100 and a GF Value™ of ₱1.32 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,567 Chemicals companies, Crown Asia Chemicals ranks better than 57.75% 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 3.64 is strong.

Crown Asia Chemicals has a Altman Z-Score of 3.66, 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 Crown Asia Chemicals's Altman Z-Score or its related term are showing as below:

PHS:CROWN' s Altman Z-Score Range Over the Past 10 Years
Min: 3.43   Med: 4.12   Max: 8.3
Current: 3.64

During the past 13 years, Crown Asia Chemicals's highest Altman Z-Score was 8.30. The lowest was 3.43. And the median was 4.12.


Crown Asia Chemicals  (PHS:CROWN) 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.


Crown Asia Chemicals Altman Z-Score Related Terms


Crown Asia Chemicals Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Crown Asia 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.

Crown Asia Chemicals Altman Z-Score Chart

Crown Asia Chemicals 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 3.94 4.39 3.48 4.23 3.67

Crown Asia 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 4.11 3.98 3.97 3.67 3.52

PHS:CROWN vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Crown Asia 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.


Crown Asia Chemicals Altman Z-Score vs Chemicals Industry

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

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


PHS:CROWN
73GF Score
Crown Asia Chemicals Corp PHS:CROWN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Crown Asia 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.

Crown Asia 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*0.5286+1.4*0.4833+3.3*0.0812+0.6*2.7585+1.0*0.428
=3.66

* 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 ₱2,819 Mil.
Total Current Assets was ₱1,746 Mil.
Total Current Liabilities was ₱256 Mil.
Retained Earnings was ₱1,362 Mil.
Pre-Tax Income was 86.405 + 36.031 + 60.134 + 43.546 = ₱226 Mil.
Interest Expense was -0.222 + 0.308 + -2.431 + -0.285 = ₱-3 Mil.
Revenue was 347.385 + 270.917 + 323.025 + 265.059 = ₱1,206 Mil.
Market Cap (Today) was ₱1,087 Mil.
Total Liabilities was ₱394 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
=(1746.125 - 256.192)/2818.511
=0.5286

X2=Retained Earnings/Total Assets
=1362.147/2818.511
=0.4833

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(226.116 - -2.63)/2818.511
=0.0812

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1086.937/394.03
=2.7585

X5=Revenue/Total Assets
=1206.386/2818.511
=0.428

The zones of discrimination were as such:

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

Crown Asia Chemicals has a Altman Z-Score of 3.66 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 3.66 mean?
Crown Asia Chemicals (PHS:CROWN) has a Altman Z-Score of 3.66 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Crown Asia Chemicals and its competitors. This is 11% below median its historical median of 4.12. Over the past decade, Crown Asia Chemicals' Altman Z-Score has ranged from 3.43 to 8.30. According to the industry distribution chart, Crown Asia Chemicals ranks #662 out of 1567 companies in the Chemicals industry, placing it in the top 42.2%.
Is Crown Asia Chemicals' Altman Z-Score too high?
Crown Asia Chemicals' current Altman Z-Score of 3.66 is 11% below median its 10-year median of 4.12. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 8.30. The Chemicals industry median Altman Z-Score is 3.13. Crown Asia Chemicals' value of 3.66 is 16.9% above this industry median. Based on the distribution chart, Crown Asia Chemicals ranks #662 out of 1567 companies in the Chemicals industry, which is above the industry midpoint. Overall, Crown Asia Chemicals has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Crown Asia Chemicals' Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Crown Asia Chemicals ranks #662 out of 1567 companies for Altman Z-Score. This puts Crown Asia Chemicals in the upper half of its industry. The industry median Altman Z-Score is 3.13. Crown Asia Chemicals' value of 3.66 is 16.9% above this benchmark. Historically, Crown Asia Chemicals' own Altman Z-Score has ranged from 3.43 to 8.30 over the past decade. While the company's 10-year median is 4.12 vs. the industry median of 3.13, Crown Asia Chemicals 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.13, based on 1,567 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. Crown Asia Chemicals's current Altman Z-Score of 3.66 is 16.9% 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 Crown Asia Chemicals and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crown Asia Chemicals's current Altman Z-Score is 3.66, which is 11% below median its own 10-year median of 4.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crown Asia Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Crown Asia Chemicals (PHS:CROWN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱1.32, compared to a current price of ₱1.78 — trading 34.8% above its estimated fair value. The current Altman Z-Score is 3.66, which is 11% below median its 10-year median of 4.12 and 16.9% above the Chemicals industry median of 3.13. Crown Asia Chemicals' overall GF Score™ is 73/100 with 2 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 Crown Asia Chemicals (PHS:CROWN), the current Altman Z-Score is 3.66 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 Crown Asia Chemicals (PHS:CROWN) Overvalued in 2026?

Based on GuruFocus' analysis, Crown Asia Chemicals stock appears to be overvalued. The current stock price of ₱1.78 is trading 34.8% above its estimated GF Value™ of ₱1.32. GuruFocus considers Crown Asia Chemicals to be Significantly Overvalued.

Key valuation signals for PHS:CROWN:

  • Altman Z-Score: 3.66 (11% below median its 10-year median of 4.12)
  • GF Value™: ₱1.32 vs. price of ₱1.78 (34.8% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 16.9% above the Chemicals median (#662 of 1567)

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


Crown Asia Chemicals Business Description

Address Km. 33, MacArthur Highway, Bo. Tuktukan, Guiguinto, Bulacan, BUL, PHL, 3015
Crown Asia Chemicals Corp is a chemical company. It is engaged in the manufacturing, importing, exporting, buying, selling, or otherwise dealing in, wholesale and retail goods such as plastic, synthetic resins, compounds, and other allied or related products of a similar nature. It is organized into four business segments: Compounds, Pipes which is the highest revenue-generating segment, Polypropylene Random (PPR)/High-density Polyethylene (HDPE), and Roofing. The Compounds segment includes PVC compounds for wires, cables, bottles, integrated circuit tube packaging, and films. The Pipes segment includes PVC pipes and fittings; PRC pipes and fittings; and high-density Polyethylene pipes and fittings. The Roofing segment includes unplasticized PVC roofing materials.
73GF Score

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

₱1.78
Price
₱1.32
GF Value