Chumporn Palm Oil Industry PCL (BKK:CPI) Altman Z-Score: 2.98 (As of Jul. 06, 2026) — 66% Above Median


BKK:CPI Chumporn Palm Oil Industry PCL BKK:CPI
68 GF Score
Price ฿3.44
GF Value ฿2.82
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Chumporn Palm Oil Industry PCL Altman Z-Score?

Chumporn Palm Oil Industry PCL BKK:CPI -0.58% 68 Altman Z-Score is 2.98 as of Jul. 06, 2026, which is 66% above its 10-year median of 1.80. GuruFocus rates BKK:CPI with a GF Score™ of 68/100 and a GF Value™ of ฿2.82 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Chumporn Palm Oil Industry PCL ranks better than 52.54% 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.

Warning Sign:

Altman Z-score of 2.99 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Chumporn Palm Oil Industry PCL has a Altman Z-Score of 2.98, indicating it is in Grey Zones. This implies that Chumporn Palm Oil Industry PCL is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Chumporn Palm Oil Industry PCL's Altman Z-Score or its related term are showing as below:

BKK:CPI' s Altman Z-Score Range Over the Past 10 Years
Min: 0.77   Med: 1.8   Max: 3.05
Current: 2.99

During the past 13 years, Chumporn Palm Oil Industry PCL's highest Altman Z-Score was 3.05. The lowest was 0.77. And the median was 1.80.


Chumporn Palm Oil Industry PCL  (BKK:CPI) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Chumporn Palm Oil Industry PCL Altman Z-Score Related Terms


Chumporn Palm Oil Industry PCL Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Chumporn Palm Oil Industry PCL's Altman Z-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.

Chumporn Palm Oil Industry PCL Altman Z-Score Chart

Chumporn Palm Oil Industry PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 2.53 2.02 3.03 2.97

Chumporn Palm Oil Industry PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 2.79 3.05 2.95 2.97 3.02

BKK:CPI vs ADM, BG, TSN: Altman Z-Score Comparison

For the Farm Products subindustry, Chumporn Palm Oil Industry PCL'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.


Chumporn Palm Oil Industry PCL Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chumporn Palm Oil Industry PCL's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Chumporn Palm Oil Industry PCL's Altman Z-Score falls into.


BKK:CPI
68GF Score
Chumporn Palm Oil Industry PCL BKK:CPI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chumporn Palm Oil Industry PCL 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.

Chumporn Palm Oil Industry PCL's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.0956+1.4*0.2524+3.3*0.117+0.6*1.6419+1.0*1.1413
=2.98

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ฿4,924 Mil.
Total Current Assets was ฿1,438 Mil.
Total Current Liabilities was ฿967 Mil.
Retained Earnings was ฿1,243 Mil.
Pre-Tax Income was 92.655 + 2.529 + 145.632 + 320.065 = ฿561 Mil.
Interest Expense was -2.695 + -3.452 + -3.919 + -5.17 = ฿-15 Mil.
Revenue was 1334.117 + 1275.246 + 1308.195 + 1701.903 = ฿5,619 Mil.
Market Cap (Today) was ฿2,177 Mil.
Total Liabilities was ฿1,326 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
=(1437.987 - 967.383)/4923.782
=0.0956

X2=Retained Earnings/Total Assets
=1242.918/4923.782
=0.2524

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(560.881 - -15.236)/4923.782
=0.117

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2176.669/1325.729
=1.6419

X5=Revenue/Total Assets
=5619.461/4923.782
=1.1413

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Chumporn Palm Oil Industry PCL has a Altman Z-Score of 2.98 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 2.98 mean?
Chumporn Palm Oil Industry PCL (BKK:CPI) has a Altman Z-Score of 2.98 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Chumporn Palm Oil Industry PCL and its competitors. This is 66% above median its historical median of 1.80. Over the past decade, Chumporn Palm Oil Industry PCL's Altman Z-Score has ranged from 0.77 to 3.05. According to the industry distribution chart, Chumporn Palm Oil Industry PCL ranks #916 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 47.5%.
Is Chumporn Palm Oil Industry PCL's Altman Z-Score too high?
Chumporn Palm Oil Industry PCL's current Altman Z-Score of 2.98 is 66% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 3.05. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. Chumporn Palm Oil Industry PCL's value of 2.98 is 4.2% above this industry median. Based on the distribution chart, Chumporn Palm Oil Industry PCL ranks #916 out of 1930 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Chumporn Palm Oil Industry PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chumporn Palm Oil Industry PCL's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Chumporn Palm Oil Industry PCL ranks #916 out of 1930 companies for Altman Z-Score. This puts Chumporn Palm Oil Industry PCL in the upper half of its industry. The industry median Altman Z-Score is 2.86. Chumporn Palm Oil Industry PCL's value of 2.98 is 4.2% above this benchmark. Historically, Chumporn Palm Oil Industry PCL's own Altman Z-Score has ranged from 0.77 to 3.05 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 2.86, Chumporn Palm Oil Industry PCL 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 2.86, based on 1,930 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. Chumporn Palm Oil Industry PCL's current Altman Z-Score of 2.98 is 4.2% 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 Chumporn Palm Oil Industry PCL and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chumporn Palm Oil Industry PCL's current Altman Z-Score is 2.98, which is 66% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chumporn Palm Oil Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Chumporn Palm Oil Industry PCL (BKK:CPI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.82, compared to a current price of ฿3.44 — trading 22% above its estimated fair value. The current Altman Z-Score is 2.98, which is 66% above median its 10-year median of 1.80 and 4.2% above the Consumer Packaged Goods industry median of 2.86. Chumporn Palm Oil Industry PCL's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Chumporn Palm Oil Industry PCL (BKK:CPI), the current Altman Z-Score is 2.98 as of Jul. 06, 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 Chumporn Palm Oil Industry PCL (BKK:CPI) Overvalued in 2026?

Based on GuruFocus' analysis, Chumporn Palm Oil Industry PCL stock appears to be overvalued. The current stock price of ฿3.44 is trading 22% above its estimated GF Value™ of ฿2.82. GuruFocus considers Chumporn Palm Oil Industry PCL to be Modestly Overvalued.

Key valuation signals for BKK:CPI:

  • Altman Z-Score: 2.98 (66% above median its 10-year median of 1.80)
  • GF Value™: ฿2.82 vs. price of ฿3.44 (22% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 4.2% above the Consumer Packaged Goods median (#916 of 1930)

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


Chumporn Palm Oil Industry PCL Business Description

Address No. 296 Moo 2, Phetchkasem Road, Tambon Salui, Ampur Tasae, Salui Sub-District, Thasae District, Chumporn, THA, 86140
Chumporn Palm Oil Industry PCL is principally engaged in the manufacturing and distribution of palm oil products. The company produces and distributes palm oil products to consumer markets. The business operates in segments that include Palm Oil products, Palm seeds, Palm sprouts, coconut sprouts, and Electricity. The sale of palm oil products, palm sprouts, and palm seeds generates the maximum revenue for the company. Geographically, the company operates in Thailand, Singapore, and other regions. The majority of revenue is generated from Thailand.
68GF Score

Get the complete analysis for BKK:CPI

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

฿3.44
Price
฿2.82
GF Value