Empire East Land HoldingsPHS:ELI Altman Z-Score is 1.15 as of Jun. 28, 2026, which is 8% below its 10-year median of 1.25. The stock has 5 warning signs investors should review. Among 1,731 Real Estate companies, Empire East Land Holdings ranks worse than 55.34% 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 1.15 is in distress zone. This implies bankruptcy possibility in the next two years.
Empire East Land Holdings has a Altman Z-Score of 1.15, 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 Empire East Land Holdings's Altman Z-Score or its related term are showing as below:
PHS:ELI'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.08 Med: 1.25 Max: 1.65
Current: 1.15
During the past 13 years, Empire East Land Holdings's highest Altman Z-Score was 1.65. The lowest was 1.08. And the median was 1.25.
Empire East Land Holdings (PHS:ELI) 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.
* 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.
Empire East Land Holdings Altman Z-Score Competitor Comparison
For the Real Estate - Development subindustry, Empire East Land Holdings'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.
Empire East Land Holdings Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Empire East Land Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Empire East Land Holdings's Altman Z-Score falls into.
Empire East Land Holdings 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.
* 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.
Empire East Land Holdings (PHS:ELI) has a Altman Z-Score of 1.15 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Empire East Land Holdings and its competitors. This is near median its historical median of 1.25. Over the past decade, Empire East Land Holdings' Altman Z-Score has ranged from 1.08 to 1.65. According to the industry distribution chart, Empire East Land Holdings ranks #958 out of 1731 companies in the Real Estate industry, placing it in the top 55.3%.
Is Empire East Land Holdings' Altman Z-Score too high?
Empire East Land Holdings' current Altman Z-Score of 1.15 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 1.65. The Real Estate industry median Altman Z-Score is 1.30. Empire East Land Holdings' value of 1.15 is 11.5% below this industry median. Based on the distribution chart, Empire East Land Holdings ranks #958 out of 1731 companies in the Real Estate industry, which is below the industry midpoint.
How does Empire East Land Holdings' Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Empire East Land Holdings ranks #958 out of 1731 companies for Altman Z-Score. This places Empire East Land Holdings in the lower half of its industry. The industry median Altman Z-Score is 1.30. Empire East Land Holdings' value of 1.15 is 11.5% below this benchmark. Historically, Empire East Land Holdings' own Altman Z-Score has ranged from 1.08 to 1.65 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.30, Empire East Land Holdings 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 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. Empire East Land Holdings's current Altman Z-Score of 1.15 is 11.5% 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 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 Empire East Land Holdings 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. Empire East Land Holdings's current Altman Z-Score is 1.15, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire East Land Holdings stock overvalued right now?
Based on GuruFocus' analysis, Empire East Land Holdings (PHS:ELI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱0.12, compared to a current price of ₱0.10 — trading 20% below its estimated fair value. The current Altman Z-Score is 1.15, which is near median its 10-year median of 1.25 and 11.5% below the Real Estate industry median of 1.30. 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 Empire East Land Holdings (PHS:ELI), the current Altman Z-Score is 1.15 as of Jun. 28, 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.
Empire East Land Holdings Inc is engaged in the business of real estate development, mass community housing, townhouses, and row houses development. The Company is engaged in the planning, development, marketing, and sale of residential communities in key growth areas of Metro Manila and select provinces in Luzon. The Company also leases out commercial and industrial properties. The Company's core product offerings include: Mid-rise and high-rise residential condominiums, Transit-Oriented Developments located near rail systems and transportation corridors, Urban resort-themed residential communities, Master-planned townships and micro-city developments, House-and-lot and lot-only subdivisions in growth corridors.
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