Waldencast PLC
MLKMF Consumer Defensive Household & Personal Products
Waldencast PLC’s revenue for fiscal 2025 (year ended December 2025) was $272.1 million, down 0.66% from fiscal 2024. Insiders bought in the last twelve months.
Follow MLKMF
Waldencast PLC (MLKMF) Altman Z-score
Waldencast PLC's Altman Z-score for fiscal 2025 is −0.96, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | −0.96 | (1.74) |
| FY2024 | 0.77 | (1.09) |
| FY2023 | 1.86 | 0.70 |
| FY2022 | 1.16 | 0.46 |
| FY2021 | 0.70 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.07 | — | 0.08 | |
| Retained earnings / total assets | (0.70) | — | −0.97 | |
| EBIT / total assets | (0.29) | — | −0.96 | |
| Market value of equity / total liabilities | 0.87 | — | 0.52 | |
| Sales / total assets | 0.36 | — | 0.36 | |
| Altman Z-score | Distress zone | −0.96 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −1.63 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| UG United-Guardian, Inc. compare | 12.5× |
| ACU Acme United Corporation. compare | 4.5× |
| NUS Nu Skin Enterprises, Inc. compare | 3.8× |
| MAGN Magnera Corporation compare | 1.1× |
| SLSN Solesence, Inc. compare | 1.0× |
| YSG Yatsen Holding Limited Sponsored ADR compare | 0.3× |
| SKIN SkinHealth Systems Inc. compare | −0.4× |
| MLKMF Waldencast PLC | −1.0× |
| GROV Grove Collaborative Holdings, Inc. compare | −14.3× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets