RPM International (MEX:RPM) Altman Z2-Score: 4.41 (As of Jul. 01, 2026) — 17% Above Median


MEX:RPM RPM International Inc MEX:RPM
86 GF Score
Price MXN2,060.00
GF Value MXN2,202.71
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What is RPM International Altman Z2-Score?

RPM International MEX:RPM 86 Altman Z2-Score is 4.41 as of Jul. 01, 2026, which is 17% above its 10-year median of 3.76. GuruFocus rates MEX:RPM with a GF Score™ of 86/100 and a GF Value™ of MXN2,202.71. Among 1,591 Chemicals companies, RPM International ranks better than 53.99% 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:

RPM International has a Altman Z2-Score of 4.41, 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 RPM International's Altman Z2-Score or its related term are showing as below:

MEX:RPM' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.81   Med: 3.76   Max: 4.7
Current: 4.34

During the past 13 years, RPM International's highest Altman Z2-Score was 4.70. The lowest was 2.81. And the median was 3.76.


RPM International  (MEX:RPM) 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.


RPM International Altman Z2-Score Related Terms


RPM International Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for RPM International'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.

RPM International Altman Z2-Score Chart

RPM International Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 3.29 4.04 4.36 4.16

RPM International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 4.60 4.16 4.27 4.32 4.34

MEX:RPM vs SOLS, ALB, ESI: Altman Z2-Score Comparison

For the Specialty Chemicals subindustry, RPM International'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.


RPM International Altman Z2-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, RPM International's Altman Z2-Score distribution charts can be found below:

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


MEX:RPM
86GF Score
RPM International Inc MEX:RPM
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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RPM International 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.

RPM International'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*0.2175+3.26*0.4352+6.72*0.1292+1.05*0.6643
=4.41

* 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 Feb. 2026:
Total Assets was MXN135,779 Mil.
Total Current Assets was MXN52,582 Mil.
Total Current Liabilities was MXN23,049 Mil.
Retained Earnings was MXN59,087 Mil.
Pre-Tax Income was 1193.515 + 3865.475 + 5621.313 + 4825.973 = MXN15,506 Mil.
Interest Expense was -464.046 + -513.058 + -553.103 + -503.998 = MXN-2,034 Mil.
Total Liabilities was MXN81,566 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
=(52582.374 - 23048.77)/135779.261
=0.2175

X2=Retained Earnings/Total Assets
=59086.822/135779.261
=0.4352

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(15506.276 - -2034.205)/135779.261
=0.1292

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(54187.464 - 0)/81566.431
=0.6643

The zones of discrimination were as such:

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

RPM International has a Altman Z2-Score of 4.41 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.41 mean?
RPM International (MEX:RPM) has a Altman Z2-Score of 4.41 as of Jul. 01, 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 RPM International and its competitors. This is 17% above median its historical median of 3.76. Over the past decade, RPM International's Altman Z2-Score has ranged from 2.81 to 4.70. According to the industry distribution chart, RPM International ranks #732 out of 1591 companies in the Chemicals industry, placing it in the top 46%.
Is RPM International's Altman Z2-Score too high?
RPM International's current Altman Z2-Score of 4.41 is 17% above median its 10-year median of 3.76. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 4.70. The Chemicals industry median Altman Z2-Score is 3.94. RPM International's value of 4.41 is 11.9% above this industry median. Based on the distribution chart, RPM International ranks #732 out of 1591 companies in the Chemicals industry, which is above the industry midpoint. Overall, RPM International has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does RPM International's Altman Z2-Score compare to SOLS and ALB?
According to the Chemicals industry distribution chart, RPM International ranks #732 out of 1591 companies for Altman Z2-Score. This puts RPM International in the upper half of its industry. The industry median Altman Z2-Score is 3.94. RPM International's value of 4.41 is 11.9% above this benchmark. Historically, RPM International's own Altman Z2-Score has ranged from 2.81 to 4.70 over the past decade. While the company's 10-year median is 3.76 vs. the industry median of 3.94, RPM International 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 Chemicals company?
The median Altman Z2-Score among Chemicals companies is 3.94, based on 1,591 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. RPM International's current Altman Z2-Score of 4.41 is 11.9% 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 RPM International and its competitors. For the Chemicals industry, the median Altman Z2-Score is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RPM International's current Altman Z2-Score is 4.41, which is 17% above median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RPM International stock overvalued right now?
RPM International (MEX:RPM) has a current Altman Z2-Score of 4.41. The stock's GF Value™ is MXN2,202.71, compared to a current price of MXN2,060.00 — trading 6.5% below its estimated fair value. The current Altman Z2-Score is 4.41, which is 17% above median its 10-year median of 3.76 and 11.9% above the Chemicals industry median of 3.94. RPM International's overall GF Score™ is 86/100. 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 RPM International (MEX:RPM), the current Altman Z2-Score is 4.41 as of Jul. 01, 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 RPM International (MEX:RPM) Overvalued in 2026?

Based on GuruFocus' analysis, RPM International stock appears to be undervalued. The current stock price of MXN2,060.00 is trading 6.5% below its estimated GF Value™ of MXN2,202.71.

Key valuation signals for MEX:RPM:

  • Altman Z2-Score: 4.41 (17% above median its 10-year median of 3.76)
  • GF Value™: MXN2,202.71 vs. price of MXN2,060.00 (6.5% below fair value)
  • GF Score™: 86/100
  • Industry Position: 11.9% above the Chemicals median (#732 of 1591)

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


RPM International Business Description

Other Exchanges RPM:USARP8:Germany
Address 2628 Pearl Road, P.O. Box 777, Medina, OH, USA, 44256
RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributors, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a line of products ranging from niche applications of the other groups to marine finishes, to edible food colorings. The majority of revenue is from the construction products and North America.
86GF Score

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

MXN2,060.00
Price
MXN2,202.71
GF Value