Fictor Alimentos (BSP:FICT3) Altman Z-Score: -0.40 (As of Jun. 28, 2026)


BSP:FICT3 Fictor Alimentos SA BSP:FICT3
36 GF Score
Price R$0.22
! 2 Warning Signs
View Full Analysis

What is Fictor Alimentos Altman Z-Score?

Fictor Alimentos BSP:FICT3 -8.33% 36 Altman Z-Score is -0.40 as of Jun. 28, 2026. GuruFocus rates BSP:FICT3 with a GF Score™ of 36/100. The stock has 2 warning signs investors should review. Among 365 Telecommunication Services companies, Fictor Alimentos ranks worse than 89.04% 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 -0.4 is in distress zone. This implies bankruptcy possibility in the next two years.

Fictor Alimentos has a Altman Z-Score of -0.40, 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 Fictor Alimentos's Altman Z-Score or its related term are showing as below:

BSP:FICT3' s Altman Z-Score Range Over the Past 10 Years
Min: -55936.55   Med: -8.99   Max: 5.28
Current: -0.4

During the past 13 years, Fictor Alimentos's highest Altman Z-Score was 5.28. The lowest was -55936.55. And the median was -8.99.


Fictor Alimentos  (BSP:FICT3) 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.


Fictor Alimentos Altman Z-Score Related Terms


Fictor Alimentos Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Fictor Alimentos'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.

Fictor Alimentos Altman Z-Score Chart

Fictor Alimentos 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 4.59 4.92 3.73 -55,936.55 0.74

Fictor Alimentos Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -55,936.55 -11.15 -9.57 3.66 0.74

BSP:FICT3 vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Fictor Alimentos'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.


Fictor Alimentos Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Fictor Alimentos's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Fictor Alimentos's Altman Z-Score falls into.


BSP:FICT3
36GF Score
Fictor Alimentos SA BSP:FICT3
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fictor Alimentos 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.

Fictor Alimentos'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*0.1754+1.4*-0.5354+3.3*-0.2834+0.6*0.2247+1.0*0.9422
=-0.40

* 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 Dec. 2025:
Total Assets was R$81.81 Mil.
Total Current Assets was R$50.73 Mil.
Total Current Liabilities was R$36.38 Mil.
Retained Earnings was R$-43.81 Mil.
Pre-Tax Income was -20.421 + -2.292 + -0.707 + -0.62 = R$-24.04 Mil.
Interest Expense was -0.44 + -0.412 + -0.001 + 0 = R$-0.85 Mil.
Revenue was 45.989 + 31.095 + 0 + 0 = R$77.08 Mil.
Market Cap (Today) was R$9.65 Mil.
Total Liabilities was R$42.95 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
=(50.729 - 36.379)/81.814
=0.1754

X2=Retained Earnings/Total Assets
=-43.806/81.814
=-0.5354

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-24.04 - -0.853)/81.814
=-0.2834

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=9.650/42.948
=0.2247

X5=Revenue/Total Assets
=77.084/81.814
=0.9422

The zones of discrimination were as such:

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

Fictor Alimentos has a Altman Z-Score of -0.40 indicating it is in Distress 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 -0.40 mean?
Fictor Alimentos (BSP:FICT3) has a Altman Z-Score of -0.40 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fictor Alimentos and its competitors. According to the industry distribution chart, Fictor Alimentos ranks #325 out of 365 companies in the Telecommunication Services industry, placing it in the top 89%.
Is Fictor Alimentos' Altman Z-Score too high?
Fictor Alimentos' current Altman Z-Score is -0.40. Based on the distribution chart, Fictor Alimentos ranks #325 out of 365 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Fictor Alimentos has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Fictor Alimentos' Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Fictor Alimentos ranks #325 out of 365 companies for Altman Z-Score. This places Fictor Alimentos in the lower half of its industry. The industry median Altman Z-Score is 1.71. 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.71, based on 365 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. 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 Fictor Alimentos and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fictor Alimentos's current Altman Z-Score is -0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fictor Alimentos stock overvalued right now?
Fictor Alimentos (BSP:FICT3) has a current Altman Z-Score of -0.40. The current Altman Z-Score is -0.40. Fictor Alimentos' overall GF Score™ is 36/100 with 2 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 Fictor Alimentos (BSP:FICT3), the current Altman Z-Score is -0.40 as of Jun. 28, 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.

Fictor Alimentos Business Description

Address Rua Messias Pereira de, Jd. Elton Ville, Paula, 333, Sorocaba, SP, BRA
Fictor Alimentos SA, formerly Atom Empreendimentos e Participacoes SA offers solutions for telecommunications, power generation, oil, gas, petrochemicals, process equipment, engineering, mining, steel, material handling, among others.
36GF Score

Get the complete analysis for BSP:FICT3

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

R$0.22
Price