Kri-Kri Milk Industry (STU:AO2) Altman Z2-Score: 6.54 (As of Jun. 26, 2026) — 14% Above Median


STU:AO2 Kri-Kri Milk Industry SA STU:AO2
97 GF Score
Price €29.40
GF Value €20.68
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kri-Kri Milk Industry Altman Z2-Score?

Kri-Kri Milk Industry STU:AO2 -2.66% 97 Altman Z2-Score is 6.54 as of Jun. 26, 2026, which is 14% above its 10-year median of 5.73. GuruFocus rates STU:AO2 with a GF Score™ of 97/100 and a GF Value™ of €20.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,966 Consumer Packaged Goods companies, Kri-Kri Milk Industry ranks better than 74.47% 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:

Kri-Kri Milk Industry has a Altman Z2-Score of 6.54, 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 Kri-Kri Milk Industry's Altman Z2-Score or its related term are showing as below:

STU:AO2' s Altman Z2-Score Range Over the Past 10 Years
Min: 3.22   Med: 5.73   Max: 7.22
Current: 6.54

During the past 13 years, Kri-Kri Milk Industry's highest Altman Z2-Score was 7.22. The lowest was 3.22. And the median was 5.73.


Kri-Kri Milk Industry  (STU:AO2) 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.


Kri-Kri Milk Industry Altman Z2-Score Related Terms


Kri-Kri Milk Industry Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Kri-Kri Milk Industry'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.

Kri-Kri Milk Industry Altman Z2-Score Chart

Kri-Kri Milk Industry 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 6.03 4.06 6.60 6.96 6.22

Kri-Kri Milk Industry 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 6.46 6.26 5.98 6.22 6.54

STU:AO2 vs KHC, GIS, JBS: Altman Z2-Score Comparison

For the Packaged Foods subindustry, Kri-Kri Milk Industry'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.


Kri-Kri Milk Industry Altman Z2-Score vs Consumer Packaged Goods Industry

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

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


STU:AO2
97GF Score
Kri-Kri Milk Industry SA STU:AO2
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kri-Kri Milk Industry 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.

Kri-Kri Milk Industry'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*0.2503+3.26*0.4259+6.72*0.2102+1.05*1.9934
=6.54

* 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 €243.1 Mil.
Total Current Assets was €118.5 Mil.
Total Current Liabilities was €57.6 Mil.
Retained Earnings was €103.5 Mil.
Pre-Tax Income was 17.827 + 3.755 + 15.117 + 14.031 = €50.7 Mil.
Interest Expense was -0.133 + -0.036 + -0.125 + -0.094 = €-0.4 Mil.
Total Liabilities was €81.2 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
=(118.455 - 57.592)/243.131
=0.2503

X2=Retained Earnings/Total Assets
=103.542/243.131
=0.4259

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(50.73 - -0.388)/243.131
=0.2102

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(161.908 - 0)/81.223
=1.9934

The zones of discrimination were as such:

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

Kri-Kri Milk Industry has a Altman Z2-Score of 6.54 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.54 mean?
Kri-Kri Milk Industry (STU:AO2) has a Altman Z2-Score of 6.54 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 Kri-Kri Milk Industry and its competitors. This is 14% above median its historical median of 5.73. Over the past decade, Kri-Kri Milk Industry's Altman Z2-Score has ranged from 3.22 to 7.22. According to the industry distribution chart, Kri-Kri Milk Industry ranks #502 out of 1966 companies in the Consumer Packaged Goods industry, placing it in the top 25.5%.
Is Kri-Kri Milk Industry's Altman Z2-Score too high?
Kri-Kri Milk Industry's current Altman Z2-Score of 6.54 is 14% above median its 10-year median of 5.73. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 7.22. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Kri-Kri Milk Industry's value of 6.54 is 75.3% above this industry median. Based on the distribution chart, Kri-Kri Milk Industry ranks #502 out of 1966 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Kri-Kri Milk Industry has a GF Score™ of 97/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kri-Kri Milk Industry's Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kri-Kri Milk Industry ranks #502 out of 1966 companies for Altman Z2-Score. This puts Kri-Kri Milk Industry in the upper half of its industry. The industry median Altman Z2-Score is 3.73. Kri-Kri Milk Industry's value of 6.54 is 75.3% above this benchmark. Historically, Kri-Kri Milk Industry's own Altman Z2-Score has ranged from 3.22 to 7.22 over the past decade. While the company's 10-year median is 5.73 vs. the industry median of 3.73, Kri-Kri Milk Industry 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 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. Kri-Kri Milk Industry's current Altman Z2-Score of 6.54 is 75.3% 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 Kri-Kri Milk Industry 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. Kri-Kri Milk Industry's current Altman Z2-Score is 6.54, which is 14% above median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kri-Kri Milk Industry stock overvalued right now?
Based on GuruFocus' analysis, Kri-Kri Milk Industry (STU:AO2) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.68, compared to a current price of €29.40 — trading 42.2% above its estimated fair value. The current Altman Z2-Score is 6.54, which is 14% above median its 10-year median of 5.73 and 75.3% above the Consumer Packaged Goods industry median of 3.73. Kri-Kri Milk Industry's overall GF Score™ is 97/100 with 7 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 Kri-Kri Milk Industry (STU:AO2), the current Altman Z2-Score is 6.54 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 Kri-Kri Milk Industry (STU:AO2) Overvalued in 2026?

Based on GuruFocus' analysis, Kri-Kri Milk Industry stock appears to be overvalued. The current stock price of €29.40 is trading 42.2% above its estimated GF Value™ of €20.68. GuruFocus considers Kri-Kri Milk Industry to be Significantly Overvalued.

Key valuation signals for STU:AO2:

  • Altman Z2-Score: 6.54 (14% above median its 10-year median of 5.73)
  • GF Value™: €20.68 vs. price of €29.40 (42.2% above fair value)
  • GF Score™: 97/100 with 7 warning signs
  • Industry Position: 75.3% above the Consumer Packaged Goods median (#502 of 1966)

No single metric tells the full story. See the STU:AO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kri-Kri Milk Industry Business Description

Other Exchanges KRI:Greece0QG6:UK
Address 3rd km Serres-Drama National Road, Serres, GRC, 62125
Kri-Kri Milk Industry SA is engaged in the production of dairy products. Its products include yogurt, ice cream, Gluten-free, and milk. The company's segments are classified into Ice-cream - Greece and other Countries and Dairy-Yogurt - Greece and other Countries. The majority of the revenue is generated from the Dairy-Yogurt segment and geographically from Greece.
97GF Score

Get the complete analysis for STU:AO2

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

€29.40
Price
€20.68
GF Value