Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Phoenix Capital Holding ADXBUL:PCH 15 Altman Z-Score is 1.44 as of Jul. 13, 2026, which is 40% above its 10-year median of 1.03. GuruFocus rates XBUL:PCH with a GF Score™ of 15/100 and a GF Value™ of €1,495.01 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,734 Real Estate companies, Phoenix Capital Holding AD ranks better than 53.86% 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 1.43 is in distress zone. This implies bankruptcy possibility in the next two years.
Phoenix Capital Holding AD has a Altman Z-Score of 1.44, 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 Phoenix Capital Holding AD's Altman Z-Score or its related term are showing as below:
XBUL:PCH'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.98 Med: 1.03 Max: 29.54
Current: 1.43
During the past 13 years, Phoenix Capital Holding AD's highest Altman Z-Score was 29.54. The lowest was -0.98. And the median was 1.03.
Phoenix Capital Holding AD (XBUL:PCH) 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.
XBUL:PCH vs CBRE, BEKE, JLL: Altman Z-Score Comparison
For the Real Estate Services subindustry, Phoenix Capital Holding AD'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.
Phoenix Capital Holding AD Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Phoenix Capital Holding AD's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Phoenix Capital Holding AD's Altman Z-Score falls into.
Phoenix Capital Holding AD 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.
Phoenix Capital Holding AD (XBUL:PCH) has a Altman Z-Score of 1.44 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Phoenix Capital Holding AD and its competitors. This is 40% above median its historical median of 1.03. According to the industry distribution chart, Phoenix Capital Holding AD ranks #800 out of 1734 companies in the Real Estate industry, placing it in the top 46.1%.
Is Phoenix Capital Holding AD's Altman Z-Score too high?
Phoenix Capital Holding AD's current Altman Z-Score of 1.44 is 40% above median its 10-year median of 1.03. The Real Estate industry median Altman Z-Score is 1.31. Phoenix Capital Holding AD's value of 1.44 is 9.9% above this industry median. Based on the distribution chart, Phoenix Capital Holding AD ranks #800 out of 1734 companies in the Real Estate industry, which is above the industry midpoint. Overall, Phoenix Capital Holding AD has a GF Score™ of 15/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Phoenix Capital Holding AD's Altman Z-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Phoenix Capital Holding AD ranks #800 out of 1734 companies for Altman Z-Score. This puts Phoenix Capital Holding AD in the upper half of its industry. The industry median Altman Z-Score is 1.31. Phoenix Capital Holding AD's value of 1.44 is 9.9% above this benchmark. While the company's 10-year median is 1.03 vs. the industry median of 1.31, Phoenix Capital Holding AD 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 1.31, based on 1,734 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. Phoenix Capital Holding AD's current Altman Z-Score of 1.44 is 9.9% 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 Phoenix Capital Holding AD and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Capital Holding AD's current Altman Z-Score is 1.44, which is 40% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Capital Holding AD stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Capital Holding AD (XBUL:PCH) is currently considered Possible Value Trap. The stock's GF Value™ is €1,495.01, compared to a current price of €900.00 — trading 39.8% below its estimated fair value. The current Altman Z-Score is 1.44, which is 40% above median its 10-year median of 1.03 and 9.9% above the Real Estate industry median of 1.31. Phoenix Capital Holding AD's overall GF Score™ is 15/100 with 7 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 Phoenix Capital Holding AD (XBUL:PCH), the current Altman Z-Score is 1.44 as of Jul. 13, 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 Phoenix Capital Holding AD (XBUL:PCH) Overvalued in 2026?
Based on GuruFocus' analysis, Phoenix Capital Holding AD stock appears to be undervalued.
The current stock price of €900.00 is trading 39.8% below its estimated GF Value™ of €1,495.01.
GuruFocus considers Phoenix Capital Holding AD to be Possible Value Trap.
Key valuation signals for XBUL:PCH:
Altman Z-Score: 1.44 (40% above median its 10-year median of 1.03)
GF Value™: €1,495.01 vs. price of €900.00 (39.8% below fair value)
Industry Position: 9.9% above the Real Estate median (#800 of 1734)
No single metric tells the full story. See the XBUL:PCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phoenix Capital Holding AD is engaged in the acquisition of real estate, its management (including rental and construction works and improvements) and sale of the property. The company focuses on residential properties, office buildings, and holiday properties and hotels.
15GF Score
Get the complete analysis for XBUL:PCH
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XBUL:PCH has been successfully added to your 
