Mabuhay Vinyl (PHS:MVC) Altman Z-Score: 5.76 (As of Jun. 24, 2026) — Near Median


PHS:MVC Mabuhay Vinyl Corp PHS:MVC
93 GF Score
Price ₱5.13
GF Value ₱5.59
Valuation Fairly Valued
! 3 Warning Signs
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What is Mabuhay Vinyl Altman Z-Score?

Mabuhay Vinyl PHS:MVC -2.66% 93 Altman Z-Score is 5.76 as of Jun. 24, 2026, which is 7% below its 10-year median of 6.17. GuruFocus rates PHS:MVC with a GF Score™ of 93/100 and a GF Value™ of ₱5.59 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,571 Chemicals companies, Mabuhay Vinyl ranks better than 74.6% 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 5.76 is strong.

Mabuhay Vinyl has a Altman Z-Score of 5.76, 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 Mabuhay Vinyl's Altman Z-Score or its related term are showing as below:

PHS:MVC' s Altman Z-Score Range Over the Past 10 Years
Min: 4.74   Med: 6.17   Max: 10.63
Current: 5.76

During the past 13 years, Mabuhay Vinyl's highest Altman Z-Score was 10.63. The lowest was 4.74. And the median was 6.17.


Mabuhay Vinyl  (PHS:MVC) 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.


Mabuhay Vinyl Altman Z-Score Related Terms


Mabuhay Vinyl Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mabuhay Vinyl'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.

Mabuhay Vinyl Altman Z-Score Chart

Mabuhay Vinyl 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 6.10 6.12 6.05 5.83 6.85

Mabuhay Vinyl 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 5.27 5.68 5.84 6.85 5.71

PHS:MVC vs DOW: Altman Z-Score Comparison

For the Chemicals subindustry, Mabuhay Vinyl'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.


Mabuhay Vinyl Altman Z-Score vs Chemicals Industry

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

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


PHS:MVC
93GF Score
Mabuhay Vinyl Corp PHS:MVC
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mabuhay Vinyl 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.

Mabuhay Vinyl'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*0.5112+1.4*0.3126+3.3*0.0969+0.6*6.1733+1.0*0.6811
=5.76

* 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 ₱4,958 Mil.
Total Current Assets was ₱3,001 Mil.
Total Current Liabilities was ₱466 Mil.
Retained Earnings was ₱1,550 Mil.
Pre-Tax Income was 120.154 + 123.748 + 114.275 + 113.453 = ₱472 Mil.
Interest Expense was -2.031 + -1.99 + -2.306 + -2.465 = ₱-9 Mil.
Revenue was 895.53 + 790.419 + 849.811 + 841.264 = ₱3,377 Mil.
Market Cap (Today) was ₱3,485 Mil.
Total Liabilities was ₱565 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
=(3000.56 - 466.242)/4957.9
=0.5112

X2=Retained Earnings/Total Assets
=1549.714/4957.9
=0.3126

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(471.63 - -8.792)/4957.9
=0.0969

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3485.101/564.546
=6.1733

X5=Revenue/Total Assets
=3377.024/4957.9
=0.6811

The zones of discrimination were as such:

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

Mabuhay Vinyl has a Altman Z-Score of 5.76 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 5.76 mean?
Mabuhay Vinyl (PHS:MVC) has a Altman Z-Score of 5.76 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mabuhay Vinyl and its competitors. This is near median its historical median of 6.17. Over the past decade, Mabuhay Vinyl's Altman Z-Score has ranged from 4.74 to 10.63. According to the industry distribution chart, Mabuhay Vinyl ranks #399 out of 1571 companies in the Chemicals industry, placing it in the top 25.4%.
Is Mabuhay Vinyl's Altman Z-Score too high?
Mabuhay Vinyl's current Altman Z-Score of 5.76 is near median its 10-year median of 6.17. Over the past 10 years, this metric has ranged from a low of 4.74 to a high of 10.63. The Chemicals industry median Altman Z-Score is 3.18. Mabuhay Vinyl's value of 5.76 is 81.1% above this industry median. Based on the distribution chart, Mabuhay Vinyl ranks #399 out of 1571 companies in the Chemicals industry, which is above the industry midpoint. Overall, Mabuhay Vinyl has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mabuhay Vinyl's Altman Z-Score compare to DOW?
According to the Chemicals industry distribution chart, Mabuhay Vinyl ranks #399 out of 1571 companies for Altman Z-Score. This puts Mabuhay Vinyl in the upper half of its industry. The industry median Altman Z-Score is 3.18. Mabuhay Vinyl's value of 5.76 is 81.1% above this benchmark. Historically, Mabuhay Vinyl's own Altman Z-Score has ranged from 4.74 to 10.63 over the past decade. While the company's 10-year median is 6.17 vs. the industry median of 3.18, Mabuhay Vinyl 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 3.18, 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. Mabuhay Vinyl's current Altman Z-Score of 5.76 is 81.1% 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 Mabuhay Vinyl 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. Mabuhay Vinyl's current Altman Z-Score is 5.76, which is near median its own 10-year median of 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mabuhay Vinyl stock overvalued right now?
Based on GuruFocus' analysis, Mabuhay Vinyl (PHS:MVC) is currently considered Fairly Valued. The stock's GF Value™ is ₱5.59, compared to a current price of ₱5.13 — trading 8.2% below its estimated fair value. The current Altman Z-Score is 5.76, which is near median its 10-year median of 6.17 and 81.1% above the Chemicals industry median of 3.18. Mabuhay Vinyl's overall GF Score™ is 93/100 with 3 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 Mabuhay Vinyl (PHS:MVC), the current Altman Z-Score is 5.76 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 Mabuhay Vinyl (PHS:MVC) Overvalued in 2026?

Based on GuruFocus' analysis, Mabuhay Vinyl stock appears to be undervalued. The current stock price of ₱5.13 is trading 8.2% below its estimated GF Value™ of ₱5.59. GuruFocus considers Mabuhay Vinyl to be Fairly Valued.

Key valuation signals for PHS:MVC:

  • Altman Z-Score: 5.76 (near median its 10-year median of 6.17)
  • GF Value™: ₱5.59 vs. price of ₱5.13 (8.2% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 81.1% above the Chemicals median (#399 of 1571)

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


Mabuhay Vinyl Business Description

Address 169 H.V. Dela Costa Street, 22nd Floor, The Salcedo Towers, Salcedo Village, Barangay Bel-Air, Makati City, PHL, 1227
Mabuhay Vinyl Corp is a Chlor-Alkali chemical producer. It focuses on manufacturing and distributing basic and intermediate chemicals. Some of its products are caustic soda, hydrochloric acid, sodium hypochlorite, and chlorine, which are widely used in diversified industries. The group considers the manufacturing and distribution of basic and intermediate chemicals as its business activity and only operating segment.
93GF Score

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

₱5.13
Price
₱5.59
GF Value