Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) Altman Z2-Score: 1.98 (As of Jul. 06, 2026) — 37% Below Median


IST:SOKE Soke Degirmencilik Sanayi Ve Ticaret IST:SOKE
80 GF Score
Price ₺16.17
GF Value ₺16.42
Valuation Fairly Valued
! 8 Warning Signs
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What is Soke Degirmenciliknayi Ve Ticaret Altman Z2-Score?

Soke Degirmenciliknayi Ve Ticaret IST:SOKE +4.32% 80 Altman Z2-Score is 1.98 as of Jul. 06, 2026, which is 37% below its 10-year median of 3.14. GuruFocus rates IST:SOKE with a GF Score™ of 80/100 and a GF Value™ of ₺16.42 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,965 Consumer Packaged Goods companies, Soke Degirmenciliknayi Ve Ticaret ranks worse than 68.91% 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.

Soke Degirmenciliknayi Ve Ticaret has a Altman Z2-Score of 1.98, indicating it is in Grey Zones. This implies that Soke Degirmenciliknayi Ve Ticaret 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 Soke Degirmenciliknayi Ve Ticaret's Altman Z2-Score or its related term are showing as below:

IST:SOKE' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.4   Med: 3.14   Max: 9.78
Current: 1.98

During the past 7 years, Soke Degirmenciliknayi Ve Ticaret's highest Altman Z2-Score was 9.78. The lowest was 1.40. And the median was 3.14.


Soke Degirmenciliknayi Ve Ticaret  (IST:SOKE) 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.


Soke Degirmenciliknayi Ve Ticaret Altman Z2-Score Related Terms


Soke Degirmenciliknayi Ve Ticaret Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Soke Degirmenciliknayi Ve Ticaret'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.

Soke Degirmenciliknayi Ve Ticaret Altman Z2-Score Chart

Soke Degirmenciliknayi Ve Ticaret Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 1.40 4.83 4.18 2.92 2.10

Soke Degirmenciliknayi Ve Ticaret Quarterly Data
Dec19 Dec20 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 2.38 2.18 1.91 2.10 1.98

IST:SOKE vs KHC, GIS: Altman Z2-Score Comparison

For the Packaged Foods subindustry, Soke Degirmenciliknayi Ve Ticaret'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.


Soke Degirmenciliknayi Ve Ticaret Altman Z2-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Soke Degirmenciliknayi Ve Ticaret's Altman Z2-Score falls into.


IST:SOKE
80GF Score
Soke Degirmencilik Sanayi Ve Ticaret IST:SOKE
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Soke Degirmenciliknayi Ve Ticaret 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.

Soke Degirmenciliknayi Ve Ticaret'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*0.1635+3.26*-0.124+6.72*-0.0074+1.05*1.2945
=1.98

* 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 ₺7,584 Mil.
Total Current Assets was ₺3,486 Mil.
Total Current Liabilities was ₺2,246 Mil.
Retained Earnings was ₺-941 Mil.
Pre-Tax Income was 33.421 + -129.251 + -15.939 + -85.432 = ₺-197 Mil.
Interest Expense was -84.896 + -13.533 + -25.017 + -17.509 = ₺-141 Mil.
Total Liabilities was ₺3,330 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
=(3486.289 - 2246.155)/7584.477
=0.1635

X2=Retained Earnings/Total Assets
=-940.569/7584.477
=-0.124

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-197.201 - -140.955)/7584.477
=-0.0074

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(4310.209 - 0)/3329.749
=1.2945

The zones of discrimination were as such:

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

Soke Degirmenciliknayi Ve Ticaret has a Altman Z2-Score of 1.98 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.98 mean?
Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) has a Altman Z2-Score of 1.98 as of Jul. 06, 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 Soke Degirmenciliknayi Ve Ticaret and its competitors. This is 37% below median its historical median of 3.14. Over the past decade, Soke Degirmenciliknayi Ve Ticaret's Altman Z2-Score has ranged from 1.40 to 9.78. According to the industry distribution chart, Soke Degirmenciliknayi Ve Ticaret ranks #1354 out of 1965 companies in the Consumer Packaged Goods industry, placing it in the top 68.9%.
Is Soke Degirmenciliknayi Ve Ticaret's Altman Z2-Score too high?
Soke Degirmenciliknayi Ve Ticaret's current Altman Z2-Score of 1.98 is 37% below median its 10-year median of 3.14. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 9.78. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Soke Degirmenciliknayi Ve Ticaret's value of 1.98 is 46.9% below this industry median. Based on the distribution chart, Soke Degirmenciliknayi Ve Ticaret ranks #1354 out of 1965 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Soke Degirmenciliknayi Ve Ticaret has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Soke Degirmenciliknayi Ve Ticaret's Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Soke Degirmenciliknayi Ve Ticaret ranks #1354 out of 1965 companies for Altman Z2-Score. This places Soke Degirmenciliknayi Ve Ticaret in the lower half of its industry. The industry median Altman Z2-Score is 3.73. Soke Degirmenciliknayi Ve Ticaret's value of 1.98 is 46.9% below this benchmark. Historically, Soke Degirmenciliknayi Ve Ticaret's own Altman Z2-Score has ranged from 1.40 to 9.78 over the past decade. While the company's 10-year median is 3.14 vs. the industry median of 3.73, Soke Degirmenciliknayi Ve Ticaret 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 1,965 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. Soke Degirmenciliknayi Ve Ticaret's current Altman Z2-Score of 1.98 is 46.9% 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 Soke Degirmenciliknayi Ve Ticaret 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. Soke Degirmenciliknayi Ve Ticaret's current Altman Z2-Score is 1.98, which is 37% below median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soke Degirmenciliknayi Ve Ticaret stock overvalued right now?
Based on GuruFocus' analysis, Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) is currently considered Fairly Valued. The stock's GF Value™ is ₺16.42, compared to a current price of ₺16.17 — trading 1.5% below its estimated fair value. The current Altman Z2-Score is 1.98, which is 37% below median its 10-year median of 3.14 and 46.9% below the Consumer Packaged Goods industry median of 3.73. Soke Degirmenciliknayi Ve Ticaret's overall GF Score™ is 80/100 with 8 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 Soke Degirmenciliknayi Ve Ticaret (IST:SOKE), the current Altman Z2-Score is 1.98 as of Jul. 06, 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 Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) Overvalued in 2026?

Based on GuruFocus' analysis, Soke Degirmenciliknayi Ve Ticaret stock appears to be undervalued. The current stock price of ₺16.17 is trading 1.5% below its estimated GF Value™ of ₺16.42. GuruFocus considers Soke Degirmenciliknayi Ve Ticaret to be Fairly Valued.

Key valuation signals for IST:SOKE:

  • Altman Z2-Score: 1.98 (37% below median its 10-year median of 3.14)
  • GF Value™: ₺16.42 vs. price of ₺16.17 (1.5% below fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 46.9% below the Consumer Packaged Goods median (#1354 of 1965)

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


Soke Degirmenciliknayi Ve Ticaret Business Description

Address Sazlı Mahallesi Fabrika Sokak No: 02, Soke, Aydin, TUR, 09260
Soke Degirmencilik Sanayi Ve Ticaret provides packaged food products. The product range consists of flour, gluten-free flour, grain flour, professional flour, and bread flour mixes.
80GF Score

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

₺16.17
Price
₺16.42
GF Value