YLWDF (Yellow Pages) Altman Z-Score: 3.18 (As of Jun. 27, 2026)


YLWDF Yellow Pages Ltd YLWDF
79 GF Score
Price $8.75
GF Value $7.04
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Yellow Pages Altman Z-Score?

Yellow Pages YLWDF 79 Altman Z-Score is 3.18 as of Jun. 27, 2026. GuruFocus rates YLWDF with a GF Score™ of 79/100 and a GF Value™ of $7.04 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,020 Media - Diversified companies, Yellow Pages ranks better than 71.08% 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 3.23 is strong.

Yellow Pages has a Altman Z-Score of 3.18, 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 Yellow Pages's Altman Z-Score or its related term are showing as below:

YLWDF' s Altman Z-Score Range Over the Past 10 Years
Min: -30.15   Med: -12.92   Max: 3.59
Current: 3.23

During the past 13 years, Yellow Pages's highest Altman Z-Score was 3.59. The lowest was -30.15. And the median was -12.92.


Yellow Pages  (OTCPK:YLWDF) 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.


Yellow Pages Altman Z-Score Related Terms


Yellow Pages Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Yellow Pages'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.

Yellow Pages Altman Z-Score Chart

Yellow Pages 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 -25.96 3.46 3.10 2.88 2.58

Yellow Pages 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 2.89 2.51 2.51 2.58 3.14

YLWDF vs NYT, WLY: Altman Z-Score Comparison

For the Publishing subindustry, Yellow Pages'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.


Yellow Pages Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Yellow Pages's Altman Z-Score distribution charts can be found below:

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


YLWDF
79GF Score
Yellow Pages Ltd YLWDF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Yellow Pages 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.

Yellow Pages'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*0.4395+1.4*-0.2491+3.3*0.1521+0.6*1.9548+1.0*1.3266
=3.18

* 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 $106.8 Mil.
Total Current Assets was $67.4 Mil.
Total Current Liabilities was $20.4 Mil.
Retained Earnings was $-26.6 Mil.
Pre-Tax Income was 4.155 + 4.656 + 3.988 + 1.6 = $14.4 Mil.
Interest Expense was -0.469 + -0.478 + -0.482 + -0.424 = $-1.9 Mil.
Revenue was 34.131 + 34.828 + 34.944 + 37.812 = $141.7 Mil.
Market Cap (Today) was $123.5 Mil.
Total Liabilities was $63.2 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
=(67.358 - 20.409)/106.829
=0.4395

X2=Retained Earnings/Total Assets
=-26.614/106.829
=-0.2491

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(14.399 - -1.853)/106.829
=0.1521

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=123.535/63.195
=1.9548

X5=Revenue/Total Assets
=141.715/106.829
=1.3266

The zones of discrimination were as such:

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

Yellow Pages has a Altman Z-Score of 3.18 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 3.18 mean?
Yellow Pages (YLWDF) has a Altman Z-Score of 3.18 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Yellow Pages and its competitors. According to the industry distribution chart, Yellow Pages ranks #295 out of 1020 companies in the Media - Diversified industry, placing it in the top 28.9%.
Is Yellow Pages' Altman Z-Score too high?
Yellow Pages' current Altman Z-Score is 3.18. The Media - Diversified industry median Altman Z-Score is 1.98. Yellow Pages' value of 3.18 is 61% above this industry median. Based on the distribution chart, Yellow Pages ranks #295 out of 1020 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Yellow Pages has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yellow Pages' Altman Z-Score compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Yellow Pages ranks #295 out of 1020 companies for Altman Z-Score. This puts Yellow Pages in the upper half of its industry. The industry median Altman Z-Score is 1.98. Yellow Pages' value of 3.18 is 61% above this benchmark. 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.98, based on 1,020 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. Yellow Pages's current Altman Z-Score of 3.18 is 61% 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 Yellow Pages and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yellow Pages's current Altman Z-Score is 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yellow Pages stock overvalued right now?
Based on GuruFocus' analysis, Yellow Pages (YLWDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.04, compared to a current price of $8.75 — trading 24.3% above its estimated fair value. The current Altman Z-Score is 3.18 and 61% above the Media - Diversified industry median of 1.98. Yellow Pages' overall GF Score™ is 79/100 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 Yellow Pages (YLWDF), the current Altman Z-Score is 3.18 as of Jun. 27, 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 Yellow Pages (YLWDF) Overvalued in 2026?

Based on GuruFocus' analysis, Yellow Pages stock appears to be overvalued. The current stock price of $8.75 is trading 24.3% above its estimated GF Value™ of $7.04. GuruFocus considers Yellow Pages to be Modestly Overvalued.

Key valuation signals for YLWDF:

  • Altman Z-Score: 3.18
  • GF Value™: $7.04 vs. price of $8.75 (24.3% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 61% above the Media - Diversified median (#295 of 1020)

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


Yellow Pages Business Description

Other Exchanges Y:Canada
Address 1751 Richardson Street, Suite 8.300, Montreal, QC, CAN, H3K 1G6
Yellow Pages Ltd is a media and marketing solutions company in Canada. It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada.
79GF Score

Get the complete analysis for YLWDF

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

$8.75
Price
$7.04
GF Value