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Khonburi Sugar PCLBKK:KBS 67 Altman Z-Score is 1.39 as of Jul. 23, 2026, which is 43% above its 10-year median of 0.97. GuruFocus rates BKK:KBS with a GF Score™ of 67/100 and a GF Value™ of ฿5.22 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,929 Consumer Packaged Goods companies, Khonburi Sugar PCL ranks worse than 78.8% 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 1.39 is in distress zone. This implies bankruptcy possibility in the next two years.
Khonburi Sugar PCL has a Altman Z-Score of 1.39, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
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 Khonburi Sugar PCL's Altman Z-Score or its related term are showing as below:
BKK:KBS'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.26 Med: 0.97 Max: 2.08
Current: 1.39
During the past 13 years, Khonburi Sugar PCL's highest Altman Z-Score was 2.08. The lowest was 0.26. And the median was 0.97.
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.
Altman Z-Score does not apply to financial companies.
Khonburi Sugar PCL Altman Z-Score Related Terms
Khonburi Sugar PCL Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Khonburi Sugar 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.
BKK:KBS vs MDLZ, HSY, TR: Altman Z-Score Comparison
For the Confectioners subindustry, Khonburi Sugar 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.
Khonburi Sugar PCL Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Khonburi Sugar PCL's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Khonburi Sugar PCL's Altman Z-Score falls into.
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.
Khonburi Sugar 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
*
0.0745
+
1.4
*
0.1696
+
3.3
*
0.047
+
0.6
*
0.3591
+
1.0
*
0.6953
=
1.39
* 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.
Khonburi Sugar PCL (BKK:KBS) has a Altman Z-Score of 1.39 as of Jul. 23, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Khonburi Sugar PCL and its competitors. This is 43% above median its historical median of 0.97. Over the past decade, Khonburi Sugar PCL's Altman Z-Score has ranged from 0.26 to 2.08. According to the industry distribution chart, Khonburi Sugar PCL ranks #1520 out of 1929 companies in the Consumer Packaged Goods industry, placing it in the top 78.8%.
Is Khonburi Sugar PCL's Altman Z-Score too high?
Khonburi Sugar PCL's current Altman Z-Score of 1.39 is 43% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.08. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Khonburi Sugar PCL's value of 1.39 is 51.2% below this industry median. Based on the distribution chart, Khonburi Sugar PCL ranks #1520 out of 1929 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Khonburi Sugar PCL has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Khonburi Sugar PCL's Altman Z-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Khonburi Sugar PCL ranks #1520 out of 1929 companies for Altman Z-Score. This places Khonburi Sugar PCL in the lower half of its industry. The industry median Altman Z-Score is 2.85. Khonburi Sugar PCL's value of 1.39 is 51.2% below this benchmark. Historically, Khonburi Sugar PCL's own Altman Z-Score has ranged from 0.26 to 2.08 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 2.85, Khonburi Sugar PCL has consistently been below 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 2.85, based on 1,929 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. Khonburi Sugar PCL's current Altman Z-Score of 1.39 is 51.2% below 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 Khonburi Sugar PCL and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khonburi Sugar PCL's current Altman Z-Score is 1.39, which is 43% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khonburi Sugar PCL stock overvalued right now?
Based on GuruFocus' analysis, Khonburi Sugar PCL (BKK:KBS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.22, compared to a current price of ฿6.05 — trading 15.9% above its estimated fair value. The current Altman Z-Score is 1.39, which is 43% above median its 10-year median of 0.97 and 51.2% below the Consumer Packaged Goods industry median of 2.85. Khonburi Sugar PCL's overall GF Score™ is 67/100 with 9 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 Khonburi Sugar PCL (BKK:KBS), the current Altman Z-Score is 1.39 as of Jul. 23, 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 Khonburi Sugar PCL (BKK:KBS) Overvalued in 2026?
Based on GuruFocus' analysis, Khonburi Sugar PCL stock appears to be overvalued.
The current stock price of ฿6.05 is trading 15.9% above its estimated GF Value™ of ฿5.22.
GuruFocus considers Khonburi Sugar PCL to be Modestly Overvalued.
Key valuation signals for BKK:KBS:
Altman Z-Score: 1.39 (43% above median its 10-year median of 0.97)
GF Value™: ฿5.22 vs. price of ฿6.05 (15.9% above fair value)
Industry Position: 51.2% below the Consumer Packaged Goods median (#1520 of 1929)
No single metric tells the full story. See the BKK:KBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Khonburi Sugar PCL is a public company. The company is principally engaged in the manufacture and distribution of sugar, which is sold both domestically and overseas. The company has three reportable segments namely the sugar cane segment; the sugar and molasses trading and the utilities segment. It derives its revenues from the sugar cane segment. Geographically, it generates maximum revenue from Asai followed by Thailand; Europe, and other countries.
67GF Score
Get the complete analysis for BKK:KBS
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