EasyCall Communications Philippines (PHS:ECP) Altman Z-Score: 2.19 (As of Jun. 26, 2026) — 74% Below Median


PHS:ECP EasyCall Communications Philippines Inc PHS:ECP
61 GF Score
Price ₱2.55
GF Value ₱2.86
Valuation Modestly Undervalued
! 5 Warning Signs
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What is EasyCall Communications Philippines Altman Z-Score?

EasyCall Communications Philippines PHS:ECP 61 Altman Z-Score is 2.19 as of Jun. 26, 2026, which is 74% below its 10-year median of 8.32. GuruFocus rates PHS:ECP with a GF Score™ of 61/100 and a GF Value™ of ₱2.86 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,765 Software companies, EasyCall Communications Philippines ranks worse than 61.7% 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 2.19 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.

EasyCall Communications Philippines has a Altman Z-Score of 2.19, indicating it is in Grey Zones. This implies that EasyCall Communications Philippines 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 EasyCall Communications Philippines's Altman Z-Score or its related term are showing as below:

PHS:ECP' s Altman Z-Score Range Over the Past 10 Years
Min: 1.74   Med: 8.32   Max: 83.97
Current: 2.19

During the past 13 years, EasyCall Communications Philippines's highest Altman Z-Score was 83.97. The lowest was 1.74. And the median was 8.32.


EasyCall Communications Philippines  (PHS:ECP) 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.


EasyCall Communications Philippines Altman Z-Score Related Terms


EasyCall Communications Philippines Altman Z-Score Historical Data

* Premium members only.

The historical data trend for EasyCall Communications Philippines'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.

EasyCall Communications Philippines Altman Z-Score Chart

EasyCall Communications Philippines 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 7.09 2.29 1.94 2.05 2.40

EasyCall Communications Philippines 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 2.27 2.19 2.79 2.40 2.13

PHS:ECP vs IBM, ACN, FISV: Altman Z-Score Comparison

For the Information Technology Services subindustry, EasyCall Communications Philippines'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.


EasyCall Communications Philippines Altman Z-Score vs Software Industry

For the Software industry and Technology sector, EasyCall Communications Philippines's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where EasyCall Communications Philippines's Altman Z-Score falls into.


PHS:ECP
61GF Score
EasyCall Communications Philippines Inc PHS:ECP
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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EasyCall Communications Philippines 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.

EasyCall Communications Philippines'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*0.198+1.4*0.1658+3.3*-0.0076+0.6*1.47+1.0*0.86
=2.19

* 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 ₱532.5 Mil.
Total Current Assets was ₱316.6 Mil.
Total Current Liabilities was ₱211.1 Mil.
Retained Earnings was ₱88.3 Mil.
Pre-Tax Income was -0.396 + -14.491 + -1.994 + 4.041 = ₱-12.8 Mil.
Interest Expense was -1.319 + -4.205 + -1.543 + -1.719 = ₱-8.8 Mil.
Revenue was 103.49 + 110.414 + 111.433 + 132.643 = ₱458.0 Mil.
Market Cap (Today) was ₱382.5 Mil.
Total Liabilities was ₱260.2 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
=(316.575 - 211.135)/532.519
=0.198

X2=Retained Earnings/Total Assets
=88.286/532.519
=0.1658

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-12.84 - -8.786)/532.519
=-0.0076

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=382.500/260.199
=1.47

X5=Revenue/Total Assets
=457.98/532.519
=0.86

The zones of discrimination were as such:

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

EasyCall Communications Philippines has a Altman Z-Score of 2.19 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 2.19 mean?
EasyCall Communications Philippines (PHS:ECP) has a Altman Z-Score of 2.19 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on EasyCall Communications Philippines and its competitors. This is 74% below median its historical median of 8.32. Over the past decade, EasyCall Communications Philippines' Altman Z-Score has ranged from 1.74 to 83.97. According to the industry distribution chart, EasyCall Communications Philippines ranks #1706 out of 2765 companies in the Software industry, placing it in the top 61.7%.
Is EasyCall Communications Philippines' Altman Z-Score too high?
EasyCall Communications Philippines' current Altman Z-Score of 2.19 is 74% below median its 10-year median of 8.32. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 83.97. The Software industry median Altman Z-Score is 3.13. EasyCall Communications Philippines' value of 2.19 is 30% below this industry median. Based on the distribution chart, EasyCall Communications Philippines ranks #1706 out of 2765 companies in the Software industry, which is below the industry midpoint. Overall, EasyCall Communications Philippines has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EasyCall Communications Philippines' Altman Z-Score compare to IBM and ACN?
According to the Software industry distribution chart, EasyCall Communications Philippines ranks #1706 out of 2765 companies for Altman Z-Score. This places EasyCall Communications Philippines in the lower half of its industry. The industry median Altman Z-Score is 3.13. EasyCall Communications Philippines' value of 2.19 is 30% below this benchmark. Historically, EasyCall Communications Philippines' own Altman Z-Score has ranged from 1.74 to 83.97 over the past decade. While the company's 10-year median is 8.32 vs. the industry median of 3.13, EasyCall Communications Philippines 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 Software company?
The median Altman Z-Score among Software companies is 3.13, based on 2,765 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. EasyCall Communications Philippines's current Altman Z-Score of 2.19 is 30% 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 EasyCall Communications Philippines and its competitors. For the Software 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. EasyCall Communications Philippines's current Altman Z-Score is 2.19, which is 74% below median its own 10-year median of 8.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EasyCall Communications Philippines stock overvalued right now?
Based on GuruFocus' analysis, EasyCall Communications Philippines (PHS:ECP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱2.86, compared to a current price of ₱2.55 — trading 10.8% below its estimated fair value. The current Altman Z-Score is 2.19, which is 74% below median its 10-year median of 8.32 and 30% below the Software industry median of 3.13. EasyCall Communications Philippines' overall GF Score™ is 61/100 with 5 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 EasyCall Communications Philippines (PHS:ECP), the current Altman Z-Score is 2.19 as of Jun. 26, 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 EasyCall Communications Philippines (PHS:ECP) Overvalued in 2026?

Based on GuruFocus' analysis, EasyCall Communications Philippines stock appears to be undervalued. The current stock price of ₱2.55 is trading 10.8% below its estimated GF Value™ of ₱2.86. GuruFocus considers EasyCall Communications Philippines to be Modestly Undervalued.

Key valuation signals for PHS:ECP:

  • Altman Z-Score: 2.19 (74% below median its 10-year median of 8.32)
  • GF Value™: ₱2.86 vs. price of ₱2.55 (10.8% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 30% below the Software median (#1706 of 2765)

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


EasyCall Communications Philippines Business Description

Address Km. 12 East Service Road corner C-5, TDG in.hub Building, AFPRSBS Industrial Park, Western Bicutan, Taguig City, PHL, 1630
EasyCall Communications Philippines Inc is engaged in information technology-related businesses, providing Data Analytics, Data Protection & Cybersecurity, Data Connectivity via VSAT, and Cloud-Based Solutions. The Group provides Corporate DSL Resellership, Direct Internet Service, Data Connectivity, Managed Services through VSAT, Technology and Data Services, and Technology, Travel and Lifestyle Services through its investment in TVI. It serves industries including Ship Management, Travel, Banking, Contact Center Operations, Agriculture, and Energy & Power. Its segments are IT services, Rental, and Training services, with the IT services segment generating maximum revenue and comprising managed connectivity and services and technology and data services.
61GF Score

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

₱2.55
Price
₱2.86
GF Value