Salada Foods Jamaica (XJAM:SALF) Altman Z2-Score: 10.50 (As of Jul. 01, 2026) — 13% Below Median


XJAM:SALF Salada Foods Jamaica Ltd XJAM:SALF
95 GF Score
Price JMD2.40
GF Value JMD3.81
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Salada Foods Jamaica Altman Z2-Score?

Salada Foods Jamaica XJAM:SALF 95 Altman Z2-Score is 10.50 as of Jul. 01, 2026, which is 13% below its 10-year median of 12.00. GuruFocus rates XJAM:SALF with a GF Score™ of 95/100 and a GF Value™ of JMD3.81 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,963 Consumer Packaged Goods companies, Salada Foods Jamaica ranks better than 89.96% 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:

Salada Foods Jamaica has a Altman Z2-Score of 10.50, 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 Salada Foods Jamaica's Altman Z2-Score or its related term are showing as below:

XJAM:SALF' s Altman Z2-Score Range Over the Past 10 Years
Min: 10.5   Med: 12   Max: 14.34
Current: 10.5

During the past 13 years, Salada Foods Jamaica's highest Altman Z2-Score was 14.34. The lowest was 10.50. And the median was 12.00.


Salada Foods Jamaica  (XJAM:SALF) 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.


Salada Foods Jamaica Altman Z2-Score Related Terms


Salada Foods Jamaica Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Salada Foods Jamaica'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.

Salada Foods Jamaica Altman Z2-Score Chart

Salada Foods Jamaica Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.41 11.21 12.59 11.00 10.50

Salada Foods Jamaica Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 11.00 14.36 11.92 11.76 10.50

XJAM:SALF vs KHC, GIS, HRL: Altman Z2-Score Comparison

For the Packaged Foods subindustry, Salada Foods Jamaica'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.


Salada Foods Jamaica Altman Z2-Score vs Consumer Packaged Goods Industry

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

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


XJAM:SALF
95GF Score
Salada Foods Jamaica Ltd XJAM:SALF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salada Foods Jamaica 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.

Salada Foods Jamaica'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*0.6171+3.26*0.6959+6.72*0.1494+1.05*3.0299
=10.50

* 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 Sep. 2025:
Total Assets was JMD1,599 Mil.
Total Current Assets was JMD1,356 Mil.
Total Current Liabilities was JMD369 Mil.
Retained Earnings was JMD1,113 Mil.
Pre-Tax Income was 75.396 + 41.334 + 51.224 + 67.206 = JMD235 Mil.
Interest Expense was -3.683 + 0 + 0 + 0 = JMD-4 Mil.
Total Liabilities was JMD397 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
=(1355.91 - 369.124)/1599.175
=0.6171

X2=Retained Earnings/Total Assets
=1112.859/1599.175
=0.6959

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(235.16 - -3.683)/1599.175
=0.1494

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(1202.35 - 0)/396.825
=3.0299

The zones of discrimination were as such:

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

Salada Foods Jamaica has a Altman Z2-Score of 10.50 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 10.50 mean?
Salada Foods Jamaica (XJAM:SALF) has a Altman Z2-Score of 10.50 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 Salada Foods Jamaica and its competitors. This is 13% below median its historical median of 12.00. Over the past decade, Salada Foods Jamaica's Altman Z2-Score has ranged from 10.50 to 14.34. According to the industry distribution chart, Salada Foods Jamaica ranks #197 out of 1963 companies in the Consumer Packaged Goods industry, placing it in the top 10%.
Is Salada Foods Jamaica's Altman Z2-Score too high?
Salada Foods Jamaica's current Altman Z2-Score of 10.50 is 13% below median its 10-year median of 12.00. Over the past 10 years, this metric has ranged from a low of 10.50 to a high of 14.34. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Salada Foods Jamaica's value of 10.50 is 181.5% above this industry median. Based on the distribution chart, Salada Foods Jamaica ranks #197 out of 1963 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Salada Foods Jamaica has a GF Score™ of 95/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Salada Foods Jamaica's Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Salada Foods Jamaica ranks #197 out of 1963 companies for Altman Z2-Score. This places Salada Foods Jamaica in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.73. Salada Foods Jamaica's value of 10.50 is 181.5% above this benchmark. Historically, Salada Foods Jamaica's own Altman Z2-Score has ranged from 10.50 to 14.34 over the past decade. While the company's 10-year median is 12.00 vs. the industry median of 3.73, Salada Foods Jamaica 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 1,963 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. Salada Foods Jamaica's current Altman Z2-Score of 10.50 is 181.5% 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 Salada Foods Jamaica 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. Salada Foods Jamaica's current Altman Z2-Score is 10.50, which is 13% below median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salada Foods Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Salada Foods Jamaica (XJAM:SALF) is currently considered Possible Value Trap. The stock's GF Value™ is JMD3.81, compared to a current price of JMD2.40 — trading 37% below its estimated fair value. The current Altman Z2-Score is 10.50, which is 13% below median its 10-year median of 12.00 and 181.5% above the Consumer Packaged Goods industry median of 3.73. Salada Foods Jamaica's overall GF Score™ is 95/100 with 3 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 Salada Foods Jamaica (XJAM:SALF), the current Altman Z2-Score is 10.50 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 Salada Foods Jamaica (XJAM:SALF) Overvalued in 2026?

Based on GuruFocus' analysis, Salada Foods Jamaica stock appears to be undervalued. The current stock price of JMD2.40 is trading 37% below its estimated GF Value™ of JMD3.81. GuruFocus considers Salada Foods Jamaica to be Possible Value Trap.

Key valuation signals for XJAM:SALF:

  • Altman Z2-Score: 10.50 (13% below median its 10-year median of 12.00)
  • GF Value™: JMD3.81 vs. price of JMD2.40 (37% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 181.5% above the Consumer Packaged Goods median (#197 of 1963)

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


Salada Foods Jamaica Business Description

Address 20 Bell Road, P.O. Box 71, Kingston, JAM, 11
Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.
95GF Score

Get the complete analysis for XJAM:SALF

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

JMD2.40
Price
JMD3.81
GF Value