Dubai Investments PJSCDFM:DIC -0.53%60 Altman Z-Score is 2.25 as of Jun. 26, 2026, which is 36% above its 10-year median of 1.66. GuruFocus rates DFM:DIC with a GF Score™ of 60/100 and a GF Value™ of د.إ2.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,731 Real Estate companies, Dubai Investments PJSC ranks better than 74.64% 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.
Warning Sign:
Altman Z-score of 2.25 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Dubai Investments PJSC has a Altman Z-Score of 2.25, indicating it is in Grey Zones. This implies that Dubai Investments PJSC is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
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 Dubai Investments PJSC's Altman Z-Score or its related term are showing as below:
DFM:DIC'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.04 Med: 1.66 Max: 2.39
Current: 2.25
During the past 13 years, Dubai Investments PJSC's highest Altman Z-Score was 2.39. The lowest was 1.04. And the median was 1.66.
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.
Altman Z-Score does not apply to financial companies.
Dubai Investments PJSC Altman Z-Score Related Terms
Dubai Investments PJSC Altman Z-Score Historical Data
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The historical data trend for Dubai Investments PJSC'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.
For the Real Estate - Development subindustry, Dubai Investments PJSC'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.
Dubai Investments PJSC Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Dubai Investments PJSC's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Dubai Investments PJSC's Altman Z-Score falls into.
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.
* 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.
Dubai Investments PJSC (DFM:DIC) has a Altman Z-Score of 2.25 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dubai Investments PJSC and its competitors. This is 36% above median its historical median of 1.66. Over the past decade, Dubai Investments PJSC's Altman Z-Score has ranged from 1.04 to 2.39. According to the industry distribution chart, Dubai Investments PJSC ranks #439 out of 1731 companies in the Real Estate industry, placing it in the top 25.4%.
Is Dubai Investments PJSC's Altman Z-Score too high?
Dubai Investments PJSC's current Altman Z-Score of 2.25 is 36% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 2.39. The Real Estate industry median Altman Z-Score is 1.30. Dubai Investments PJSC's value of 2.25 is 73.1% above this industry median. Based on the distribution chart, Dubai Investments PJSC ranks #439 out of 1731 companies in the Real Estate industry, which is above the industry midpoint. Overall, Dubai Investments PJSC has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Investments PJSC's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Dubai Investments PJSC ranks #439 out of 1731 companies for Altman Z-Score. This puts Dubai Investments PJSC in the upper half of its industry. The industry median Altman Z-Score is 1.30. Dubai Investments PJSC's value of 2.25 is 73.1% above this benchmark. Historically, Dubai Investments PJSC's own Altman Z-Score has ranged from 1.04 to 2.39 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.30, Dubai Investments PJSC 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 Z-Score for a Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.30, based on 1,731 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. Dubai Investments PJSC's current Altman Z-Score of 2.25 is 73.1% 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 Dubai Investments PJSC and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Investments PJSC's current Altman Z-Score is 2.25, which is 36% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Investments PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Investments PJSC (DFM:DIC) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ2.70, compared to a current price of د.إ3.78 — trading 40% above its estimated fair value. The current Altman Z-Score is 2.25, which is 36% above median its 10-year median of 1.66 and 73.1% above the Real Estate industry median of 1.30. Dubai Investments PJSC's overall GF Score™ is 60/100 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 Dubai Investments PJSC (DFM:DIC), the current Altman Z-Score is 2.25 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 Dubai Investments PJSC (DFM:DIC) Overvalued in 2026?
Based on GuruFocus' analysis, Dubai Investments PJSC stock appears to be overvalued.
The current stock price of د.إ3.78 is trading 40% above its estimated GF Value™ of د.إ2.70.
GuruFocus considers Dubai Investments PJSC to be Significantly Overvalued.
Key valuation signals for DFM:DIC:
Altman Z-Score: 2.25 (36% above median its 10-year median of 1.66)
GF Value™: د.إ2.70 vs. price of د.إ3.78 (40% above fair value)
Industry Position: 73.1% above the Real Estate median (#439 of 1731)
No single metric tells the full story. See the DFM:DIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dubai Investments PJSC is an investment company with a focus on real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The Property segment develops real estate for sale and leasing. The Manufacturing, Contracting, and Services segment manufactures and sells materials used in construction projects, executes construction contracts, produces raw and architectural glass, pharmaceutical products, cooling services, produces aluminum extruded products, laboratory furniture, healthcare, and education. The Investments segment includes strategic minority investments in associates, investment banking, asset management, and financial investments. It generates the majority of its revenue from the Property segment.
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