FitLife Brands (FRA:QO80) Altman Z2-Score: 2.57 (As of Jul. 12, 2026) — Near Median


FRA:QO80 FitLife Brands Inc FRA:QO80
61 GF Score
Price €9.40
GF Value €20.30
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is FitLife Brands Altman Z2-Score?

FitLife Brands FRA:QO80 +2.17% 61 Altman Z2-Score is 2.57 as of Jul. 12, 2026, which is 8% above its 10-year median of 2.37. GuruFocus rates FRA:QO80 with a GF Score™ of 61/100 and a GF Value™ of €20.30 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,967 Consumer Packaged Goods companies, FitLife Brands ranks worse than 62.33% 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.

FitLife Brands has a Altman Z2-Score of 2.57, indicating it is in Grey Zones. This implies that FitLife Brands is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 FitLife Brands's Altman Z2-Score or its related term are showing as below:

FRA:QO80' s Altman Z2-Score Range Over the Past 10 Years
Min: -24.6   Med: 2.37   Max: 10.45
Current: 2.57

During the past 13 years, FitLife Brands's highest Altman Z2-Score was 10.45. The lowest was -24.60. And the median was 2.37.


FitLife Brands  (FRA:QO80) 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.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


FitLife Brands Altman Z2-Score Related Terms


FitLife Brands Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for FitLife Brands's Altman Z2-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.

FitLife Brands Altman Z2-Score Chart

FitLife Brands Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.64 10.45 2.29 4.29 2.44

FitLife Brands Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-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 4.43 4.66 1.87 2.44 2.57

FRA:QO80 vs UMEW, LFVN, SRXH: Altman Z2-Score Comparison

For the Packaged Foods subindustry, FitLife Brands'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.


FitLife Brands Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, FitLife Brands's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where FitLife Brands's Altman Z2-Score falls into.


FRA:QO80
61GF Score
FitLife Brands Inc FRA:QO80
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FitLife Brands 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.

FitLife Brands's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.1039+3.26*0.1306+6.72*0.0974+1.05*0.7706
=2.57

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was €90.19 Mil.
Total Current Assets was €27.37 Mil.
Total Current Liabilities was €18.00 Mil.
Retained Earnings was €11.78 Mil.
Pre-Tax Income was 2.03 + 1.18 + 1.491 + 2.062 = €6.76 Mil.
Interest Expense was -0.636 + -0.695 + -0.494 + -0.195 = €-2.02 Mil.
Total Liabilities was €50.94 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
=(27.369 - 18.002)/90.193
=0.1039

X2=Retained Earnings/Total Assets
=11.775/90.193
=0.1306

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(6.763 - -2.02)/90.193
=0.0974

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(39.255 - 0)/50.938
=0.7706

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

FitLife Brands has a Altman Z2-Score of 2.57 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.57 mean?
FitLife Brands (FRA:QO80) has a Altman Z2-Score of 2.57 as of Jul. 12, 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 FitLife Brands and its competitors. This is near median its historical median of 2.37. According to the industry distribution chart, FitLife Brands ranks #1226 out of 1967 companies in the Consumer Packaged Goods industry, placing it in the top 62.3%.
Is FitLife Brands' Altman Z2-Score too high?
FitLife Brands' current Altman Z2-Score of 2.57 is near median its 10-year median of 2.37. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. FitLife Brands' value of 2.57 is 31.1% below this industry median. Based on the distribution chart, FitLife Brands ranks #1226 out of 1967 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, FitLife Brands has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FitLife Brands' Altman Z2-Score compare to UMEW and LFVN?
According to the Consumer Packaged Goods industry distribution chart, FitLife Brands ranks #1226 out of 1967 companies for Altman Z2-Score. This places FitLife Brands in the lower half of its industry. The industry median Altman Z2-Score is 3.73. FitLife Brands' value of 2.57 is 31.1% below this benchmark. While the company's 10-year median is 2.37 vs. the industry median of 3.73, FitLife Brands 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 Z2-Score for a Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,967 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. FitLife Brands's current Altman Z2-Score of 2.57 is 31.1% 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 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 FitLife Brands 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. FitLife Brands's current Altman Z2-Score is 2.57, which is near median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FitLife Brands stock overvalued right now?
Based on GuruFocus' analysis, FitLife Brands (FRA:QO80) is currently considered Possible Value Trap. The stock's GF Value™ is €20.30, compared to a current price of €9.40 — trading 53.7% below its estimated fair value. The current Altman Z2-Score is 2.57, which is near median its 10-year median of 2.37 and 31.1% below the Consumer Packaged Goods industry median of 3.73. FitLife Brands' overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For FitLife Brands (FRA:QO80), the current Altman Z2-Score is 2.57 as of Jul. 12, 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 FitLife Brands (FRA:QO80) Overvalued in 2026?

Based on GuruFocus' analysis, FitLife Brands stock appears to be undervalued. The current stock price of €9.40 is trading 53.7% below its estimated GF Value™ of €20.30. GuruFocus considers FitLife Brands to be Possible Value Trap.

Key valuation signals for FRA:QO80:

  • Altman Z2-Score: 2.57 (near median its 10-year median of 2.37)
  • GF Value™: €20.30 vs. price of €9.40 (53.7% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 31.1% below the Consumer Packaged Goods median (#1226 of 1967)

No single metric tells the full story. See the FRA:QO80 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FitLife Brands Business Description

Other Exchanges FTLF:USA
Address 5214 S. 136th Street, Omaha, NE, USA, 68137
FitLife Brands Inc is a provider of proprietary nutritional supplements for health-conscious consumers. The company markets and sells its products under NDS, PMD, Siren labs, Core active, Metis nutrition, Dr. Tobias, MusclePharm, Irwin Naturals, Applied Nutrition, Isatori, and Nature's Secret brand names. Its product portfolio consists of sports nutrition, energy, sports drink products, meal replacement products, and weight loss products. The firm derives its revenue from product sales. Its product categories include Natural & Organic Foods, Functional Foods, Natural & Organic Personal Care and Household Products, and Supplements.
61GF Score

Get the complete analysis for FRA:QO80

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.40
Price
€20.30
GF Value