DNDDF (Dundee Sustainable Technologies) Altman Z-Score: -135.20 (As of Jun. 27, 2026)


What is Dundee Sustainable Technologies Altman Z-Score?

Dundee Sustainable Technologies DNDDF -61.17% Altman Z-Score is -135.20 as of Jun. 27, 2026. The stock has 6 warning signs investors should review. Among 3,012 Industrial Products companies, Dundee Sustainable Technologies ranks worse than 99.77% 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 -135.17 is in distress zone. This implies bankruptcy possibility in the next two years.

Dundee Sustainable Technologies has a Altman Z-Score of -135.20, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Dundee Sustainable Technologies's Altman Z-Score or its related term are showing as below:

DNDDF' s Altman Z-Score Range Over the Past 10 Years
Min: -438.44   Med: -22.56   Max: -16.96
Current: -135.17

During the past 13 years, Dundee Sustainable Technologies's highest Altman Z-Score was -16.96. The lowest was -438.44. And the median was -22.56.


Dundee Sustainable Technologies  (OTCPK:DNDDF) Altman Z-Score Explanation

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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Dundee Sustainable Technologies Altman Z-Score Related Terms


Dundee Sustainable Technologies Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dundee Sustainable Technologies'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.

Dundee Sustainable Technologies Altman Z-Score Chart

Dundee Sustainable Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.94 -32.33 -34.88 -198.66 -205.18

Dundee Sustainable Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 -280.94 -324.77 -438.44 -205.18 -135.06

DNDDF vs VLTO, ZWS, CECO: Altman Z-Score Comparison

For the Pollution & Treatment Controls subindustry, Dundee Sustainable Technologies'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.


Dundee Sustainable Technologies Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dundee Sustainable Technologies's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Dundee Sustainable Technologies's Altman Z-Score falls into.



Dundee Sustainable Technologies Altman Z-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.

Dundee Sustainable Technologies's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*-21.0024+1.4*-89.2679+3.3*3.8964+0.6*0.0646+1.0*2.0821
=-135.20

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $0.84 Mil.
Total Current Assets was $0.78 Mil.
Total Current Liabilities was $18.42 Mil.
Retained Earnings was $-74.99 Mil.
Pre-Tax Income was -0.409 + 2.589 + -0.106 + -0.466 = $1.61 Mil.
Interest Expense was -0.413 + -0.915 + -0.014 + -0.323 = $-1.67 Mil.
Revenue was 0.442 + 0.504 + 0.466 + 0.337 = $1.75 Mil.
Market Cap (Today) was $1.19 Mil.
Total Liabilities was $18.42 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
=(0.781 - 18.423)/0.84
=-21.0024

X2=Retained Earnings/Total Assets
=-74.985/0.84
=-89.2679

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.608 - -1.665)/0.84
=3.8964

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1.191/18.423
=0.0646

X5=Revenue/Total Assets
=1.749/0.84
=2.0821

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Dundee Sustainable Technologies has a Altman Z-Score of -135.20 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of -135.20 mean?
Dundee Sustainable Technologies (DNDDF) has a Altman Z-Score of -135.20 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dundee Sustainable Technologies and its competitors. According to the industry distribution chart, Dundee Sustainable Technologies ranks #3005 out of 3012 companies in the Industrial Products industry, placing it in the top 99.8%.
Is Dundee Sustainable Technologies' Altman Z-Score too high?
Dundee Sustainable Technologies' current Altman Z-Score is -135.20. Based on the distribution chart, Dundee Sustainable Technologies ranks #3005 out of 3012 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Dundee Sustainable Technologies' Altman Z-Score compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Dundee Sustainable Technologies ranks #3005 out of 3012 companies for Altman Z-Score. This places Dundee Sustainable Technologies in the lower half of its industry. The industry median Altman Z-Score is 3.42. 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.42, based on 3,012 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. 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 Dundee Sustainable Technologies and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dundee Sustainable Technologies's current Altman Z-Score is -135.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dundee Sustainable Technologies stock overvalued right now?
Based on GuruFocus' analysis, Dundee Sustainable Technologies (DNDDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.09, compared to a current price of $0.04 — trading 55.6% below its estimated fair value. The current Altman Z-Score is -135.20. 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 Dundee Sustainable Technologies (DNDDF), the current Altman Z-Score is -135.20 as of Jun. 27, 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.

Dundee Sustainable Technologies Business Description

Other Exchanges DST:Canada
Address 2000 Peel Street, Suite 860, Montreal, QC, CAN, H3A 2W5
Dundee Sustainable Technologies Inc is engaged in offering metallurgical processes for the treatment of complex and refractory material from mining operations. The company processes are applied for the extraction of precious metals and for the removal and stabilization of contaminants, such as arsenic, antimony, and cadmium from ores and concentrates.