GLAPF (Glanbia) Altman Z2-Score: 3.43 (As of Jun. 24, 2026) — Near Median


GLAPF Glanbia PLC GLAPF
72 GF Score
Price $25.80
GF Value $14.54
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Glanbia Altman Z2-Score?

Glanbia GLAPF 72 Altman Z2-Score is 3.43 as of Jun. 24, 2026, which is 3% below its 10-year median of 3.53. GuruFocus rates GLAPF with a GF Score™ of 72/100 and a GF Value™ of $14.54 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,964 Consumer Packaged Goods companies, Glanbia ranks worse than 53.51% 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:

Glanbia has a Altman Z2-Score of 3.43, 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 Glanbia's Altman Z2-Score or its related term are showing as below:

GLAPF' s Altman Z2-Score Range Over the Past 10 Years
Min: 3.2   Med: 3.53   Max: 4.68
Current: 3.43

During the past 13 years, Glanbia's highest Altman Z2-Score was 4.68. The lowest was 3.20. And the median was 3.53.


Glanbia  (OTCPK:GLAPF) 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.


Glanbia Altman Z2-Score Related Terms


Glanbia Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Glanbia'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.

Glanbia Altman Z2-Score Chart

Glanbia 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 3.59 3.47 4.68 3.85 3.43

Glanbia Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.68 0.00 3.85 0.00 3.43

GLAPF vs KHC, GIS, JBS: Altman Z2-Score Comparison

For the Packaged Foods subindustry, Glanbia'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.


Glanbia Altman Z2-Score vs Consumer Packaged Goods Industry

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

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


GLAPF
72GF Score
Glanbia PLC GLAPF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Glanbia 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.

Glanbia'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*0.1091+3.26*0.4058+6.72*0.06+1.05*0.9416
=3.43

* 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 Dec. 2025:
Total Assets was $3,974 Mil.
Total Current Assets was $1,652 Mil.
Total Current Liabilities was $1,219 Mil.
Retained Earnings was $1,613 Mil.
Pre-Tax Income was $209 Mil.
Interest Expense was $-29 Mil.
Total Liabilities was $2,047 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
=(1652.3 - 1218.8)/3974
=0.1091

X2=Retained Earnings/Total Assets
=1612.5/3974
=0.4058

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(209.2 - -29.2)/3974
=0.06

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1927.2 - 0)/2046.8
=0.9416

The zones of discrimination were as such:

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

Glanbia has a Altman Z2-Score of 3.43 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.43 mean?
Glanbia (GLAPF) has a Altman Z2-Score of 3.43 as of Jun. 24, 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 Glanbia and its competitors. This is near median its historical median of 3.53. Over the past decade, Glanbia's Altman Z2-Score has ranged from 3.20 to 4.68. According to the industry distribution chart, Glanbia ranks #1051 out of 1964 companies in the Consumer Packaged Goods industry, placing it in the top 53.5%.
Is Glanbia's Altman Z2-Score too high?
Glanbia's current Altman Z2-Score of 3.43 is near median its 10-year median of 3.53. Over the past 10 years, this metric has ranged from a low of 3.20 to a high of 4.68. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Glanbia's value of 3.43 is 8% below this industry median. Based on the distribution chart, Glanbia ranks #1051 out of 1964 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Glanbia has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glanbia's Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Glanbia ranks #1051 out of 1964 companies for Altman Z2-Score. This places Glanbia in the lower half of its industry. The industry median Altman Z2-Score is 3.73. Glanbia's value of 3.43 is 8% below this benchmark. Historically, Glanbia's own Altman Z2-Score has ranged from 3.20 to 4.68 over the past decade. While the company's 10-year median is 3.53 vs. the industry median of 3.73, Glanbia 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 1,964 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. Glanbia's current Altman Z2-Score of 3.43 is 8% 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 Glanbia 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. Glanbia's current Altman Z2-Score is 3.43, which is near median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glanbia stock overvalued right now?
Based on GuruFocus' analysis, Glanbia (GLAPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.54, compared to a current price of $25.80 — trading 77.4% above its estimated fair value. The current Altman Z2-Score is 3.43, which is near median its 10-year median of 3.53 and 8% below the Consumer Packaged Goods industry median of 3.73. Glanbia's overall GF Score™ is 72/100 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 Glanbia (GLAPF), the current Altman Z2-Score is 3.43 as of Jun. 24, 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 Glanbia (GLAPF) Overvalued in 2026?

Based on GuruFocus' analysis, Glanbia stock appears to be overvalued. The current stock price of $25.80 is trading 77.4% above its estimated GF Value™ of $14.54. GuruFocus considers Glanbia to be Significantly Overvalued.

Key valuation signals for GLAPF:

  • Altman Z2-Score: 3.43 (near median its 10-year median of 3.53)
  • GF Value™: $14.54 vs. price of $25.80 (77.4% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 8% below the Consumer Packaged Goods median (#1051 of 1964)

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


Glanbia Business Description

Address Ring Road, Glanbia House, Kilkenny, IRL, R95 E866
Glanbia PLC is a ingredient and branded performance nutrition manufacturer company. Company offer an incredible breadth of expertise in nutrition. It works with food and beverage companies and sell the products across the globe . The company segments include Performance Nutrition (PN), Health & Nutrition (H&N) and Dairy Nutrition (DN). The company generates majority of the revenue from Performance Nutrition segment. Geographically, it has majority revenue from North America followed by Europe and Asia.
72GF Score

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

$25.80
Price
$14.54
GF Value