PaxysPHS:PAX 23 Altman Z-Score is 20.90 as of Jun. 26, 2026, which is 5% above its 10-year median of 19.96. GuruFocus rates PHS:PAX with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 1,060 Business Services companies, Paxys ranks better than 95.85% 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 20.9 is strong.
Paxys has a Altman Z-Score of 20.90, 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 Paxys's Altman Z-Score or its related term are showing as below:
PHS:PAX'
s Altman Z-Score Range Over the Past 10 Years
Min: 9.46 Med: 19.96 Max: 75.43
Current: 20.9
During the past 13 years, Paxys's highest Altman Z-Score was 75.43. The lowest was 9.46. And the median was 19.96.
Paxys (PHS:PAX) 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.
Altman Z-Score does not apply to financial companies.
Paxys Altman Z-Score Related Terms
Paxys Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Paxys'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.
PHS:PAX vs CTAS, CPRT, GPN: Altman Z-Score Comparison
For the Specialty Business Services subindustry, Paxys'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.
Paxys Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Paxys's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Paxys's Altman Z-Score falls into.
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.
Paxys'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
*
0.9528
+
1.4
*
0.6972
+
3.3
*
0.0303
+
0.6
*
31.1321
+
1.0
*
0.0009
=
20.90
* 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.
Paxys (PHS:PAX) has a Altman Z-Score of 20.90 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Paxys and its competitors. This is near median its historical median of 19.96. Over the past decade, Paxys' Altman Z-Score has ranged from 9.46 to 75.43. According to the industry distribution chart, Paxys ranks #44 out of 1060 companies in the Business Services industry, placing it in the top 4.2%.
Is Paxys' Altman Z-Score too high?
Paxys' current Altman Z-Score of 20.90 is near median its 10-year median of 19.96. Over the past 10 years, this metric has ranged from a low of 9.46 to a high of 75.43. The Business Services industry median Altman Z-Score is 2.97. Paxys' value of 20.90 is 603.7% above this industry median. Based on the distribution chart, Paxys ranks #44 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Paxys has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Paxys' Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Paxys ranks #44 out of 1060 companies for Altman Z-Score. This places Paxys in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.97. Paxys' value of 20.90 is 603.7% above this benchmark. Historically, Paxys' own Altman Z-Score has ranged from 9.46 to 75.43 over the past decade. While the company's 10-year median is 19.96 vs. the industry median of 2.97, Paxys 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, based on 1,060 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. Paxys's current Altman Z-Score of 20.90 is 603.7% 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 Paxys and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paxys's current Altman Z-Score is 20.90, which is near median its own 10-year median of 19.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paxys stock overvalued right now?
Paxys (PHS:PAX) has a current Altman Z-Score of 20.90. The current Altman Z-Score is 20.90, which is near median its 10-year median of 19.96 and 603.7% above the Business Services industry median of 2.97. Paxys' overall GF Score™ is 23/100 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 Paxys (PHS:PAX), the current Altman Z-Score is 20.90 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.
Paxys Inc is an investment holding company engaged in providing diversified services, including business process outsourcing and data conversion, mainly in the Philippines and internationally. The Group has divested its call center, salary packaging, IT consulting, and software solutions businesses. It operates through two segments: the Services segment, which includes managed services, leasing and subleasing, and other outsourcing services, mainly managed and operated in the Philippines; and the Investment Holding segment, which comprises the Parent Company and other non-operating subsidiaries that invest excess funds in investment securities and bank deposits. The majority of the Group's revenue is generated from the Investment Holding segment.
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