MBRFY (Marfrig Global Foods) Altman Z2-Score: 0.55 (As of Jun. 26, 2026) — 31% Below Median


MBRFY Marfrig Global Foods SA MBRFY
65 GF Score
Price $3.25
GF Value $2.03
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Marfrig Global Foods Altman Z2-Score?

Marfrig Global Foods MBRFY +3.83% 65 Altman Z2-Score is 0.55 as of Jun. 26, 2026, which is 31% below its 10-year median of 0.80. GuruFocus rates MBRFY with a GF Score™ of 65/100 and a GF Value™ of $2.03 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,966 Consumer Packaged Goods companies, Marfrig Global Foods ranks worse than 81.23% 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.

Warning Sign:

Marfrig Global Foods has a Altman Z2-Score of 0.55, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Marfrig Global Foods's Altman Z2-Score or its related term are showing as below:

MBRFY' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.19   Med: 0.8   Max: 3.01
Current: 0.56

During the past 13 years, Marfrig Global Foods's highest Altman Z2-Score was 3.01. The lowest was -0.19. And the median was 0.80.


Marfrig Global Foods  (OTCPK:MBRFY) 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.


Marfrig Global Foods Altman Z2-Score Related Terms


Marfrig Global Foods Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Marfrig Global Foods'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.

Marfrig Global Foods Altman Z2-Score Chart

Marfrig Global Foods 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 1.92 0.86 0.62 0.89 0.55

Marfrig Global Foods 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 0.79 0.80 0.62 0.55 0.56

MBRFY vs KHC, GIS: Altman Z2-Score Comparison

For the Packaged Foods subindustry, Marfrig Global Foods'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.


Marfrig Global Foods Altman Z2-Score vs Consumer Packaged Goods Industry

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

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


MBRFY
65GF Score
Marfrig Global Foods SA MBRFY
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marfrig Global Foods 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.

Marfrig Global Foods'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*0.0263+3.26*0.0008+6.72*0.0415+1.05*0.0919
=0.55

* 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 $26,459 Mil.
Total Current Assets was $9,938 Mil.
Total Current Liabilities was $9,242 Mil.
Retained Earnings was $21 Mil.
Pre-Tax Income was -0.385 + -97.209 + 30.319 + -59.266 = $-127 Mil.
Interest Expense was -319.697 + -330.534 + -291.549 + -282.104 = $-1,224 Mil.
Total Liabilities was $23,775 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
=(9938.192 - 9241.797)/26458.523
=0.0263

X2=Retained Earnings/Total Assets
=21.316/26458.523
=0.0008

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-126.541 - -1223.884)/26458.523
=0.0415

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2184.462 - 0)/23774.908
=0.0919

The zones of discrimination were as such:

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

Marfrig Global Foods has a Altman Z2-Score of 0.55 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.55 mean?
Marfrig Global Foods (MBRFY) has a Altman Z2-Score of 0.55 as of Jun. 26, 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 Marfrig Global Foods and its competitors. This is 31% below median its historical median of 0.80. According to the industry distribution chart, Marfrig Global Foods ranks #1597 out of 1966 companies in the Consumer Packaged Goods industry, placing it in the top 81.2%.
Is Marfrig Global Foods' Altman Z2-Score too high?
Marfrig Global Foods' current Altman Z2-Score of 0.55 is 31% below median its 10-year median of 0.80. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Marfrig Global Foods' value of 0.55 is 85.3% below this industry median. Based on the distribution chart, Marfrig Global Foods ranks #1597 out of 1966 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Marfrig Global Foods has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marfrig Global Foods' Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Marfrig Global Foods ranks #1597 out of 1966 companies for Altman Z2-Score. This places Marfrig Global Foods in the lower half of its industry. The industry median Altman Z2-Score is 3.73. Marfrig Global Foods' value of 0.55 is 85.3% below this benchmark. While the company's 10-year median is 0.80 vs. the industry median of 3.73, Marfrig Global Foods 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 1,966 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. Marfrig Global Foods's current Altman Z2-Score of 0.55 is 85.3% 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 Marfrig Global Foods 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. Marfrig Global Foods's current Altman Z2-Score is 0.55, which is 31% below median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marfrig Global Foods stock overvalued right now?
Based on GuruFocus' analysis, Marfrig Global Foods (MBRFY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.03, compared to a current price of $3.25 — trading 60.1% above its estimated fair value. The current Altman Z2-Score is 0.55, which is 31% below median its 10-year median of 0.80 and 85.3% below the Consumer Packaged Goods industry median of 3.73. Marfrig Global Foods' overall GF Score™ is 65/100 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 Marfrig Global Foods (MBRFY), the current Altman Z2-Score is 0.55 as of Jun. 26, 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 Marfrig Global Foods (MBRFY) Overvalued in 2026?

Based on GuruFocus' analysis, Marfrig Global Foods stock appears to be overvalued. The current stock price of $3.25 is trading 60.1% above its estimated GF Value™ of $2.03. GuruFocus considers Marfrig Global Foods to be Significantly Overvalued.

Key valuation signals for MBRFY:

  • Altman Z2-Score: 0.55 (31% below median its 10-year median of 0.80)
  • GF Value™: $2.03 vs. price of $3.25 (60.1% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 85.3% below the Consumer Packaged Goods median (#1597 of 1966)

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


Marfrig Global Foods Business Description

Other Exchanges MGP1:GermanyMBRF3:Brazil
Address Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000
Marfrig Global Foods SA is a Processing of products (formed by cattle slaughter facilities in operation, which are also used in beef processing, and for the manufacture of animal nutrition products) and sale of animal-based (beef, pork, lamb, fish, and poultry) and plant-based proteins. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF, and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.
65GF Score

Get the complete analysis for MBRFY

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

$3.25
Price
$2.03
GF Value