Global Dominion Access (XMAD:DOM) Altman Z2-Score: 0.33 (As of Jun. 26, 2026) — 56% Below Median


XMAD:DOM Global Dominion Access SA XMAD:DOM
82 GF Score
Price €3.01
GF Value €2.83
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Global Dominion Access Altman Z2-Score?

Global Dominion Access XMAD:DOM -0.66% 82 Altman Z2-Score is 0.33 as of Jun. 26, 2026, which is 56% below its 10-year median of 0.75. GuruFocus rates XMAD:DOM with a GF Score™ of 82/100 and a GF Value™ of €2.83 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,821 Software companies, Global Dominion Access ranks worse than 70.93% 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.

Warning Sign:

Global Dominion Access has a Altman Z2-Score of 0.33, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Global Dominion Access's Altman Z2-Score or its related term are showing as below:

XMAD:DOM' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.09   Med: 0.75   Max: 1.03
Current: 0.33

During the past 11 years, Global Dominion Access's highest Altman Z2-Score was 1.03. The lowest was -0.09. And the median was 0.75.


Global Dominion Access  (XMAD:DOM) 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.


Global Dominion Access Altman Z2-Score Related Terms


Global Dominion Access Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Global Dominion Access'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.

Global Dominion Access Altman Z2-Score Chart

Global Dominion Access 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 1.00 -0.09 0.28 0.64 0.33

Global Dominion Access Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.28 0.00 0.64 0.00 0.33

XMAD:DOM vs IBM, ACN, FISV: Altman Z2-Score Comparison

For the Information Technology Services subindustry, Global Dominion Access'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.


Global Dominion Access Altman Z2-Score vs Software Industry

For the Software industry and Technology sector, Global Dominion Access's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Global Dominion Access's Altman Z2-Score falls into.


XMAD:DOM
82GF Score
Global Dominion Access SA XMAD:DOM
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Dominion Access 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.

Global Dominion Access'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*-0.0984+3.26*0.1552+6.72*0.0402+1.05*0.1893
=0.33

* 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 Dec. 2025:
Total Assets was €1,634 Mil.
Total Current Assets was €878 Mil.
Total Current Liabilities was €1,039 Mil.
Retained Earnings was €254 Mil.
Pre-Tax Income was €23 Mil.
Interest Expense was €-42 Mil.
Total Liabilities was €1,360 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
=(877.76 - 1038.581)/1633.599
=-0.0984

X2=Retained Earnings/Total Assets
=253.591/1633.599
=0.1552

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(23.359 - -42.377)/1633.599
=0.0402

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(257.418 - 0)/1359.999
=0.1893

The zones of discrimination were as such:

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

Global Dominion Access has a Altman Z2-Score of 0.33 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.33 mean?
Global Dominion Access (XMAD:DOM) has a Altman Z2-Score of 0.33 as of Jun. 26, 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 Global Dominion Access and its competitors. This is 56% below median its historical median of 0.75. According to the industry distribution chart, Global Dominion Access ranks #2001 out of 2821 companies in the Software industry, placing it in the top 70.9%.
Is Global Dominion Access' Altman Z2-Score too high?
Global Dominion Access' current Altman Z2-Score of 0.33 is 56% below median its 10-year median of 0.75. The Software industry median Altman Z2-Score is 3.07. Global Dominion Access' value of 0.33 is 89.3% below this industry median. Based on the distribution chart, Global Dominion Access ranks #2001 out of 2821 companies in the Software industry, which is below the industry midpoint. Overall, Global Dominion Access has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Dominion Access' Altman Z2-Score compare to IBM and ACN?
According to the Software industry distribution chart, Global Dominion Access ranks #2001 out of 2821 companies for Altman Z2-Score. This places Global Dominion Access in the lower half of its industry. The industry median Altman Z2-Score is 3.07. Global Dominion Access' value of 0.33 is 89.3% below this benchmark. While the company's 10-year median is 0.75 vs. the industry median of 3.07, Global Dominion Access 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 Software company?
The median Altman Z2-Score among Software companies is 3.07, based on 2,821 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. Global Dominion Access's current Altman Z2-Score of 0.33 is 89.3% 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 Global Dominion Access and its competitors. For the Software industry, the median Altman Z2-Score is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Dominion Access's current Altman Z2-Score is 0.33, which is 56% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Dominion Access stock overvalued right now?
Based on GuruFocus' analysis, Global Dominion Access (XMAD:DOM) is currently considered Fairly Valued. The stock's GF Value™ is €2.83, compared to a current price of €3.01 — trading 6.2% above its estimated fair value. The current Altman Z2-Score is 0.33, which is 56% below median its 10-year median of 0.75 and 89.3% below the Software industry median of 3.07. Global Dominion Access' overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Global Dominion Access (XMAD:DOM), the current Altman Z2-Score is 0.33 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.

Is Global Dominion Access (XMAD:DOM) Overvalued in 2026?

Based on GuruFocus' analysis, Global Dominion Access stock appears to be overvalued. The current stock price of €3.01 is trading 6.2% above its estimated GF Value™ of €2.83. GuruFocus considers Global Dominion Access to be Fairly Valued.

Key valuation signals for XMAD:DOM:

  • Altman Z2-Score: 0.33 (56% below median its 10-year median of 0.75)
  • GF Value™: €2.83 vs. price of €3.01 (6.2% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 89.3% below the Software median (#2001 of 2821)

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


Global Dominion Access Business Description

Address Plaza Pio Baroja, 1st Floor, Number 3, Bilbao, ESP, 48001
Global Dominion Access SA is a comprehensive services and projects company. It provides services that support the digital transformation of enterprises, develops and executes energy-related infrastructure projects, manages telecommunications systems and networks, integrates technological equipment within large-scale infrastructures, and delivers turnkey solutions along with operation and maintenance services for clients in the industrial sector. The group's operating segments are: GDE, GDT Projects, and GDT Services. Maximum revenue is generated from the GDE segment, which offers turnkey projects and operation and maintenance services in the industrial field. Geographically, the group derives maximum revenue from Spain, followed by the rest of Europe and Africa, America, Asia, and Oceania.
82GF Score

Get the complete analysis for XMAD:DOM

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

€3.01
Price
€2.83
GF Value