Premiere Horizon Alliance (PHS:PHA) Altman Z2-Score: 1.93 (As of Jun. 24, 2026) — 36% Above Median


PHS:PHA Premiere Horizon Alliance Corp PHS:PHA
18 GF Score
Price ₱0.15
GF Value ₱0.08
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Premiere Horizon Alliance Altman Z2-Score?

Premiere Horizon Alliance PHS:PHA -1.96% 18 Altman Z2-Score is 1.93 as of Jun. 24, 2026, which is 36% above its 10-year median of 1.42. GuruFocus rates PHS:PHA with a GF Score™ of 18/100 and a GF Value™ of ₱0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,768 Real Estate companies, Premiere Horizon Alliance ranks worse than 65.44% 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.

Premiere Horizon Alliance has a Altman Z2-Score of 1.93, indicating it is in Grey Zones. This implies that Premiere Horizon Alliance is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 Premiere Horizon Alliance's Altman Z2-Score or its related term are showing as below:

PHS:PHA' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.42   Med: 1.42   Max: 3.25
Current: 1.93

During the past 13 years, Premiere Horizon Alliance's highest Altman Z2-Score was 3.25. The lowest was 0.42. And the median was 1.42.


Premiere Horizon Alliance  (PHS:PHA) 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.


Premiere Horizon Alliance Altman Z2-Score Related Terms


Premiere Horizon Alliance Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Premiere Horizon Alliance'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.

Premiere Horizon Alliance Altman Z2-Score Chart

Premiere Horizon Alliance 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 0.74 1.65 2.80 2.92 1.83

Premiere Horizon Alliance 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 3.07 2.79 3.25 1.83 1.93

PHS:PHA vs CBRE, BEKE: Altman Z2-Score Comparison

For the Real Estate Services subindustry, Premiere Horizon Alliance'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.


Premiere Horizon Alliance Altman Z2-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Premiere Horizon Alliance's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Premiere Horizon Alliance's Altman Z2-Score falls into.


PHS:PHA
18GF Score
Premiere Horizon Alliance Corp PHS:PHA
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Premiere Horizon Alliance 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.

Premiere Horizon Alliance'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*0.0521+3.26*0.0817+6.72*0.0423+1.05*0.9864
=1.93

* 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 ₱5,639.6 Mil.
Total Current Assets was ₱1,371.6 Mil.
Total Current Liabilities was ₱1,077.9 Mil.
Retained Earnings was ₱460.6 Mil.
Pre-Tax Income was -31.823 + 310.033 + -48.906 + -59.315 = ₱170.0 Mil.
Interest Expense was -17.621 + 3.679 + -27.064 + -27.591 = ₱-68.6 Mil.
Total Liabilities was ₱2,570.2 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
=(1371.602 - 1077.85)/5639.588
=0.0521

X2=Retained Earnings/Total Assets
=460.578/5639.588
=0.0817

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(169.989 - -68.597)/5639.588
=0.0423

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2535.113 - 0)/2570.168
=0.9864

The zones of discrimination were as such:

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

Premiere Horizon Alliance has a Altman Z2-Score of 1.93 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.93 mean?
Premiere Horizon Alliance (PHS:PHA) has a Altman Z2-Score of 1.93 as of Jun. 24, 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 Premiere Horizon Alliance and its competitors. This is 36% above median its historical median of 1.42. Over the past decade, Premiere Horizon Alliance's Altman Z2-Score has ranged from 0.42 to 3.25. According to the industry distribution chart, Premiere Horizon Alliance ranks #1157 out of 1768 companies in the Real Estate industry, placing it in the top 65.4%.
Is Premiere Horizon Alliance's Altman Z2-Score too high?
Premiere Horizon Alliance's current Altman Z2-Score of 1.93 is 36% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 3.25. The Real Estate industry median Altman Z2-Score is 3.01. Premiere Horizon Alliance's value of 1.93 is 35.9% below this industry median. Based on the distribution chart, Premiere Horizon Alliance ranks #1157 out of 1768 companies in the Real Estate industry, which is below the industry midpoint. Overall, Premiere Horizon Alliance has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premiere Horizon Alliance's Altman Z2-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Premiere Horizon Alliance ranks #1157 out of 1768 companies for Altman Z2-Score. This places Premiere Horizon Alliance in the lower half of its industry. The industry median Altman Z2-Score is 3.01. Premiere Horizon Alliance's value of 1.93 is 35.9% below this benchmark. Historically, Premiere Horizon Alliance's own Altman Z2-Score has ranged from 0.42 to 3.25 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 3.01, Premiere Horizon Alliance has consistently been below 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 Real Estate company?
The median Altman Z2-Score among Real Estate companies is 3.01, based on 1,768 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. Premiere Horizon Alliance's current Altman Z2-Score of 1.93 is 35.9% below 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 Premiere Horizon Alliance and its competitors. For the Real Estate industry, the median Altman Z2-Score is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premiere Horizon Alliance's current Altman Z2-Score is 1.93, which is 36% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premiere Horizon Alliance stock overvalued right now?
Based on GuruFocus' analysis, Premiere Horizon Alliance (PHS:PHA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.08, compared to a current price of ₱0.15 — trading 87.5% above its estimated fair value. The current Altman Z2-Score is 1.93, which is 36% above median its 10-year median of 1.42 and 35.9% below the Real Estate industry median of 3.01. Premiere Horizon Alliance's overall GF Score™ is 18/100 with 4 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 Premiere Horizon Alliance (PHS:PHA), the current Altman Z2-Score is 1.93 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 Premiere Horizon Alliance (PHS:PHA) Overvalued in 2026?

Based on GuruFocus' analysis, Premiere Horizon Alliance stock appears to be overvalued. The current stock price of ₱0.15 is trading 87.5% above its estimated GF Value™ of ₱0.08. GuruFocus considers Premiere Horizon Alliance to be Significantly Overvalued.

Key valuation signals for PHS:PHA:

  • Altman Z2-Score: 1.93 (36% above median its 10-year median of 1.42)
  • GF Value™: ₱0.08 vs. price of ₱0.15 (87.5% above fair value)
  • GF Score™: 18/100 with 4 warning signs
  • Industry Position: 35.9% below the Real Estate median (#1157 of 1768)

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


Premiere Horizon Alliance Business Description

Address Exchange Road, Ortigas Center, Unit E-1705, 17th Floor, East Tower, Tektite Towers, Philippine Stock Exchange Center, Metro Manila, Pasig, PHL, 1605
Premiere Horizon Alliance Corp primary and secondary purpose is to engage in business activities relating to entertainment, gaming, hotel, and leisure and to expand to mining and real estate industries, respectively. The company has three segments Mining segment pertains to the operations of PGDI Group for the hauling services it provides with mining companies and the exploration activities of its mining tenements; Real estate segment pertains to the operations of GLCI which develops and sells master planned communities of low to mid rise residential and commercial condominiums including student dormitories; and Service contract segment pertains to the rental of mining equipment of PGDI. The company generates majority of revenue from Real Estate.
18GF Score

Get the complete analysis for PHS:PHA

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

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Price
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GF Value