DDMP REIT (PHS:DDMPR) Altman Z2-Score: 45.74 (As of Jun. 25, 2026) — 69% Above Median


PHS:DDMPR DDMP REIT Inc PHS:DDMPR
43 GF Score
Price ₱1.06
GF Value ₱0.99
Valuation Fairly Valued
! 3 Warning Signs
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What is DDMP REIT Altman Z2-Score?

DDMP REIT PHS:DDMPR +0.95% 43 Altman Z2-Score is 45.74 as of Jun. 25, 2026, which is 69% above its 10-year median of 26.99. GuruFocus rates PHS:DDMPR with a GF Score™ of 43/100 and a GF Value™ of ₱0.99 (Fairly Valued). The stock has 3 warning signs investors should review. Among 744 REITs companies, DDMP REIT ranks better than 93.55% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

DDMP REIT has a Altman Z2-Score of 45.74, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for DDMP REIT's Altman Z2-Score or its related term are showing as below:

PHS:DDMPR' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.46   Med: 26.99   Max: 45.74
Current: 45.74

During the past 10 years, DDMP REIT's highest Altman Z2-Score was 45.74. The lowest was 4.46. And the median was 26.99.


DDMP REIT  (PHS:DDMPR) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

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_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


DDMP REIT Altman Z2-Score Related Terms


DDMP REIT Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for DDMP REIT's Altman Z2-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.

DDMP REIT Altman Z2-Score Chart

DDMP REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.36 28.24 27.91 30.69 37.96

DDMP REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-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 35.31 29.09 28.24 37.96 45.74

PHS:DDMPR vs BXP, ARE, VNO: Altman Z2-Score Comparison

For the REIT - Office subindustry, DDMP REIT's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


DDMP REIT Altman Z2-Score vs REITs Industry

For the REITs industry and Real Estate sector, DDMP REIT's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where DDMP REIT's Altman Z2-Score falls into.


PHS:DDMPR
43GF Score
DDMP REIT Inc PHS:DDMPR
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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DDMP REIT Altman Z2-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.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

DDMP REIT's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*-0.0027+3.26*0.7017+6.72*0.0596+1.05*41.0146
=45.74

* 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 Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₱64,946 Mil.
Total Current Assets was ₱906 Mil.
Total Current Liabilities was ₱1,085 Mil.
Retained Earnings was ₱45,573 Mil.
Pre-Tax Income was 359.705 + 2695.573 + 406.54 + 403.035 = ₱3,865 Mil.
Interest Expense was -0.765 + 0.17 + -0.032 + -2.167 = ₱-3 Mil.
Total Liabilities was ₱1,546 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
=(906.37 - 1084.573)/64945.818
=-0.0027

X2=Retained Earnings/Total Assets
=45572.562/64945.818
=0.7017

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3864.853 - -2.794)/64945.818
=0.0596

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(63400.027 - 0)/1545.79
=41.0146

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

DDMP REIT has a Altman Z2-Score of 45.74 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 45.74 mean?
DDMP REIT (PHS:DDMPR) has a Altman Z2-Score of 45.74 as of Jun. 25, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on DDMP REIT and its competitors. This is 69% above median its historical median of 26.99. Over the past decade, DDMP REIT's Altman Z2-Score has ranged from 4.46 to 45.74. According to the industry distribution chart, DDMP REIT ranks #48 out of 744 companies in the REITs industry, placing it in the top 6.5%.
Is DDMP REIT's Altman Z2-Score too high?
DDMP REIT's current Altman Z2-Score of 45.74 is 69% above median its 10-year median of 26.99. Over the past 10 years, this metric has ranged from a low of 4.46 to a high of 45.74. The REITs industry median Altman Z2-Score is 1.76. DDMP REIT's value of 45.74 is 2498.9% above this industry median. Based on the distribution chart, DDMP REIT ranks #48 out of 744 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, DDMP REIT has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DDMP REIT's Altman Z2-Score compare to BXP and ARE?
According to the REITs industry distribution chart, DDMP REIT ranks #48 out of 744 companies for Altman Z2-Score. This places DDMP REIT in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.76. DDMP REIT's value of 45.74 is 2498.9% above this benchmark. Historically, DDMP REIT's own Altman Z2-Score has ranged from 4.46 to 45.74 over the past decade. While the company's 10-year median is 26.99 vs. the industry median of 1.76, DDMP REIT 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 Z2-Score for a REITs company?
The median Altman Z2-Score among REITs companies is 1.76, based on 744 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DDMP REIT's current Altman Z2-Score of 45.74 is 2498.9% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on DDMP REIT and its competitors. For the REITs industry, the median Altman Z2-Score is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DDMP REIT's current Altman Z2-Score is 45.74, which is 69% above median its own 10-year median of 26.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DDMP REIT stock overvalued right now?
Based on GuruFocus' analysis, DDMP REIT (PHS:DDMPR) is currently considered Fairly Valued. The stock's GF Value™ is ₱0.99, compared to a current price of ₱1.06 — trading 7.1% above its estimated fair value. The current Altman Z2-Score is 45.74, which is 69% above median its 10-year median of 26.99 and 2498.9% above the REITs industry median of 1.76. DDMP REIT's overall GF Score™ is 43/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For DDMP REIT (PHS:DDMPR), the current Altman Z2-Score is 45.74 as of Jun. 25, 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 DDMP REIT (PHS:DDMPR) Overvalued in 2026?

Based on GuruFocus' analysis, DDMP REIT stock appears to be overvalued. The current stock price of ₱1.06 is trading 7.1% above its estimated GF Value™ of ₱0.99. GuruFocus considers DDMP REIT to be Fairly Valued.

Key valuation signals for PHS:DDMPR:

  • Altman Z2-Score: 45.74 (69% above median its 10-year median of 26.99)
  • GF Value™: ₱0.99 vs. price of ₱1.06 (7.1% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 2498.9% above the REITs median (#48 of 744)

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


DDMP REIT Business Description

Industry Real EstateREITs
Address DD Meridian Park Corner Macapagal Avenue, 10th floor, Tower 1, DoubleDragon Plaza, EDSA Extension, Bay Area, Metro Manila, Pasay, PHL, 1302
DDMP REIT Inc is a domestic corporation, established to invest in income-generating real estate. It operates in four principal business segments: retail leasing, office leasing, hospitality, and industrial leasing. The company's property portfolio consists of 3 operational office buildings with retail components in DD Meridian Park.
43GF Score

Get the complete analysis for PHS:DDMPR

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱1.06
Price
₱0.99
GF Value