Armanino Foods of DistinctionAMNF -0.15%78 Altman Z-Score is 22.10 as of Jun. 25, 2026, which is 87% above its 10-year median of 11.80. GuruFocus rates AMNF with a GF Score™ of 78/100 and a GF Value™ of $8.72 (Modestly Overvalued). Among 1,933 Consumer Packaged Goods companies, Armanino Foods of Distinction ranks better than 97% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 22 is strong.
Armanino Foods of Distinction has a Altman Z-Score of 22.10, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Armanino Foods of Distinction's Altman Z-Score or its related term are showing as below:
AMNF'
s Altman Z-Score Range Over the Past 10 Years
Min: 8.45 Med: 11.8 Max: 22.64
Current: 22
During the past 13 years, Armanino Foods of Distinction's highest Altman Z-Score was 22.64. The lowest was 8.45. And the median was 11.80.
Armanino Foods of Distinction (OTCPK:AMNF) Altman Z-Score Explanation
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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
* 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.
Armanino Foods of Distinction Altman Z-Score Chart
AMNF vs BGS, USNA, LWAY: Altman Z-Score Comparison
For the Packaged Foods subindustry, Armanino Foods of Distinction's Altman Z-Score, along with its competitors' market caps and Altman Z-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.
Armanino Foods of Distinction Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Armanino Foods of Distinction's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Armanino Foods of Distinction's Altman Z-Score falls into.
Armanino Foods of Distinction Altman Z-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.
* 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 Z-Score when X4 or X5 value is 0.
Armanino Foods of Distinction (AMNF) has a Altman Z-Score of 22.10 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Armanino Foods of Distinction and its competitors. This is 87% above median its historical median of 11.80. Over the past decade, Armanino Foods of Distinction's Altman Z-Score has ranged from 8.45 to 22.64. According to the industry distribution chart, Armanino Foods of Distinction ranks #58 out of 1933 companies in the Consumer Packaged Goods industry, placing it in the top 3%.
Is Armanino Foods of Distinction's Altman Z-Score too high?
Armanino Foods of Distinction's current Altman Z-Score of 22.10 is 87% above median its 10-year median of 11.80. Over the past 10 years, this metric has ranged from a low of 8.45 to a high of 22.64. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. Armanino Foods of Distinction's value of 22.10 is 680.9% above this industry median. Based on the distribution chart, Armanino Foods of Distinction ranks #58 out of 1933 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Armanino Foods of Distinction has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Armanino Foods of Distinction's Altman Z-Score compare to BGS and USNA?
According to the Consumer Packaged Goods industry distribution chart, Armanino Foods of Distinction ranks #58 out of 1933 companies for Altman Z-Score. This places Armanino Foods of Distinction in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.83. Armanino Foods of Distinction's value of 22.10 is 680.9% above this benchmark. Historically, Armanino Foods of Distinction's own Altman Z-Score has ranged from 8.45 to 22.64 over the past decade. While the company's 10-year median is 11.80 vs. the industry median of 2.83, Armanino Foods of Distinction 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 Z-Score for a Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.83, based on 1,933 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Armanino Foods of Distinction's current Altman Z-Score of 22.10 is 680.9% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Armanino Foods of Distinction and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armanino Foods of Distinction's current Altman Z-Score is 22.10, which is 87% above median its own 10-year median of 11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armanino Foods of Distinction stock overvalued right now?
Based on GuruFocus' analysis, Armanino Foods of Distinction (AMNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.72, compared to a current price of $10.18 — trading 16.7% above its estimated fair value. The current Altman Z-Score is 22.10, which is 87% above median its 10-year median of 11.80 and 680.9% above the Consumer Packaged Goods industry median of 2.83. Armanino Foods of Distinction's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Armanino Foods of Distinction (AMNF), the current Altman Z-Score is 22.10 as of Jun. 25, 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 Armanino Foods of Distinction (AMNF) Overvalued in 2026?
Based on GuruFocus' analysis, Armanino Foods of Distinction stock appears to be overvalued.
The current stock price of $10.18 is trading 16.7% above its estimated GF Value™ of $8.72.
GuruFocus considers Armanino Foods of Distinction to be Modestly Overvalued.
Key valuation signals for AMNF:
Altman Z-Score: 22.10 (87% above median its 10-year median of 11.80)
GF Value™: $8.72 vs. price of $10.18 (16.7% above fair value)
Industry Position: 680.9% above the Consumer Packaged Goods median (#58 of 1933)
No single metric tells the full story. See the AMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Armanino Foods of Distinction Business Description
Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale frozen and refrigerated food products, including pesto and other sauces, stuffed pasta products and cooked meat products. The company's line of frozen products includes a wide variety of sauces, stuffed pastas and pasta sheets, as well as value-added specialty Italian pastas and cooked meat products. It produces a variety of premium, globally-inspired pesto and sauces including Basil Pesto, Roasted Red Bell Pepper Pesto, Southwest Chipotle Pesto, Roasted Garlic Pesto and Chimichurri sauce, all of which are packaged under the Armanino label.
78GF Score
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