Armanino Foods of DistinctionAMNF -0.15%78 Altman Z2-Score is 14.66 as of Jun. 25, 2026, which is 40% above its 10-year median of 10.50. GuruFocus rates AMNF with a GF Score™ of 78/100 and a GF Value™ of $8.72 (Modestly Overvalued). Among 1,964 Consumer Packaged Goods companies, Armanino Foods of Distinction ranks better than 95.93% 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.
Good Sign:
Armanino Foods of Distinction has a Altman Z2-Score of 14.66, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
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 Armanino Foods of Distinction's Altman Z2-Score or its related term are showing as below:
AMNF'
s Altman Z2-Score Range Over the Past 10 Years
Min: 8.39 Med: 10.5 Max: 14.66
Current: 14.66
During the past 13 years, Armanino Foods of Distinction's highest Altman Z2-Score was 14.66. The lowest was 8.39. And the median was 10.50.
Armanino Foods of Distinction (OTCPK:AMNF) 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.
* 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.
Armanino Foods of Distinction Altman Z2-Score Chart
AMNF vs BGS, USNA, LWAY: Altman Z2-Score Comparison
For the Packaged Foods subindustry, Armanino Foods of Distinction'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.
Armanino Foods of Distinction Altman Z2-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Armanino Foods of Distinction's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Armanino Foods of Distinction's Altman Z2-Score falls into.
Armanino Foods of Distinction 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.
* 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.
Armanino Foods of Distinction (AMNF) has a Altman Z2-Score of 14.66 as of Jun. 25, 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 Armanino Foods of Distinction and its competitors. This is 40% above median its historical median of 10.50. Over the past decade, Armanino Foods of Distinction's Altman Z2-Score has ranged from 8.39 to 14.66. According to the industry distribution chart, Armanino Foods of Distinction ranks #80 out of 1964 companies in the Consumer Packaged Goods industry, placing it in the top 4.1%.
Is Armanino Foods of Distinction's Altman Z2-Score too high?
Armanino Foods of Distinction's current Altman Z2-Score of 14.66 is 40% above median its 10-year median of 10.50. Over the past 10 years, this metric has ranged from a low of 8.39 to a high of 14.66. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Armanino Foods of Distinction's value of 14.66 is 293% above this industry median. Based on the distribution chart, Armanino Foods of Distinction ranks #80 out of 1964 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Armanino Foods of Distinction has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Armanino Foods of Distinction's Altman Z2-Score compare to BGS and USNA?
According to the Consumer Packaged Goods industry distribution chart, Armanino Foods of Distinction ranks #80 out of 1964 companies for Altman Z2-Score. This places Armanino Foods of Distinction in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.73. Armanino Foods of Distinction's value of 14.66 is 293% above this benchmark. Historically, Armanino Foods of Distinction's own Altman Z2-Score has ranged from 8.39 to 14.66 over the past decade. While the company's 10-year median is 10.50 vs. the industry median of 3.73, Armanino Foods of Distinction 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 Z2-Score for a Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,964 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. Armanino Foods of Distinction's current Altman Z2-Score of 14.66 is 293% 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 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 Armanino Foods of Distinction and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armanino Foods of Distinction's current Altman Z2-Score is 14.66, which is 40% above median its own 10-year median of 10.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armanino Foods of Distinction stock overvalued right now?
Based on GuruFocus' analysis, Armanino Foods of Distinction (AMNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.72, compared to a current price of $10.18 — trading 16.7% above its estimated fair value. The current Altman Z2-Score is 14.66, which is 40% above median its 10-year median of 10.50 and 293% above the Consumer Packaged Goods industry median of 3.73. Armanino Foods of Distinction's overall GF Score™ is 78/100. 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 Armanino Foods of Distinction (AMNF), the current Altman Z2-Score is 14.66 as of Jun. 25, 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 Armanino Foods of Distinction (AMNF) Overvalued in 2026?
Based on GuruFocus' analysis, Armanino Foods of Distinction stock appears to be overvalued.
The current stock price of $10.18 is trading 16.7% above its estimated GF Value™ of $8.72.
GuruFocus considers Armanino Foods of Distinction to be Modestly Overvalued.
Key valuation signals for AMNF:
Altman Z2-Score: 14.66 (40% above median its 10-year median of 10.50)
GF Value™: $8.72 vs. price of $10.18 (16.7% above fair value)
Industry Position: 293% above the Consumer Packaged Goods median (#80 of 1964)
No single metric tells the full story. See the AMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Armanino Foods of Distinction Business Description
Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale frozen and refrigerated food products, including pesto and other sauces, stuffed pasta products and cooked meat products. The company's line of frozen products includes a wide variety of sauces, stuffed pastas and pasta sheets, as well as value-added specialty Italian pastas and cooked meat products. It produces a variety of premium, globally-inspired pesto and sauces including Basil Pesto, Roasted Red Bell Pepper Pesto, Southwest Chipotle Pesto, Roasted Garlic Pesto and Chimichurri sauce, all of which are packaged under the Armanino label.
78GF Score
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