Suedzucker AG (CHIX:SZUD) Altman Z-Score: 1.50 (As of Jul. 14, 2026) — Near Median

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CHIX:SZUD Suedzucker AG CHIX:SZUD
69 GF Score
Price €11.65
GF Value €10.59
! 5 Warning Signs
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What is Suedzucker AG Altman Z-Score?

Suedzucker AG CHIX:SZUD 69 Altman Z-Score is 1.50 as of Jul. 14, 2026, which is 5% below its 10-year median of 1.58. GuruFocus rates CHIX:SZUD with a GF Score™ of 69/100 and a GF Value™ of €10.59. The stock has 5 warning signs investors should review. Among 1,932 Consumer Packaged Goods companies, Suedzucker AG ranks worse than 78.83% 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 1.49 is in distress zone. This implies bankruptcy possibility in the next two years.

Suedzucker AG has a Altman Z-Score of 1.50, 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 Suedzucker AG's Altman Z-Score or its related term are showing as below:

CHIX:SZUd' s Altman Z-Score Range Over the Past 10 Years
Min: 1.1   Med: 1.58   Max: 2.19
Current: 1.49

During the past 13 years, Suedzucker AG's highest Altman Z-Score was 2.19. The lowest was 1.10. And the median was 1.58.


Suedzucker AG  (CHIX:SZUd) 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.


Suedzucker AG Altman Z-Score Related Terms


Suedzucker AG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Suedzucker AG'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.

Suedzucker AG Altman Z-Score Chart

Suedzucker AG Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.91 1.85 1.56 1.38

Suedzucker AG Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.49 1.46 1.40 1.38 1.50

CHIX:SZUD vs KHC, GIS, HRL: Altman Z-Score Comparison

For the Packaged Foods subindustry, Suedzucker AG'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.


Suedzucker AG Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Suedzucker AG's Altman Z-Score distribution charts can be found below:

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


CHIX:SZUD
69GF Score
Suedzucker AG CHIX:SZUD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Suedzucker AG 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.

Suedzucker AG'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*0.2567+1.4*0+3.3*-0.044+0.6*0.5181+1.0*1.0214
=1.50

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in May. 2026:
Total Assets was €8,084 Mil.
Total Current Assets was €3,852 Mil.
Total Current Liabilities was €1,777 Mil.
Retained Earnings was €0 Mil.
Pre-Tax Income was 35 + -417 + 6 + -30 = €-406 Mil.
Interest Expense was 0 + 0 + 0 + -50 = €-50 Mil.
Revenue was 2058 + 1997 + 2156 + 2046 = €8,257 Mil.
Market Cap (Today) was €2,332 Mil.
Total Liabilities was €4,501 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
=(3852 - 1777)/8084
=0.2567

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-406 - -50)/8084
=-0.044

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2331.773/4501
=0.5181

X5=Revenue/Total Assets
=8257/8084
=1.0214

The zones of discrimination were as such:

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

Suedzucker AG has a Altman Z-Score of 1.50 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 1.50 mean?
Suedzucker AG (CHIX:SZUD) has a Altman Z-Score of 1.50 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Suedzucker AG and its competitors. This is near median its historical median of 1.58. Over the past decade, Suedzucker AG's Altman Z-Score has ranged from 1.10 to 2.19. According to the industry distribution chart, Suedzucker AG ranks #1523 out of 1932 companies in the Consumer Packaged Goods industry, placing it in the top 78.8%.
Is Suedzucker AG's Altman Z-Score too high?
Suedzucker AG's current Altman Z-Score of 1.50 is near median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 2.19. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Suedzucker AG's value of 1.50 is 47.4% below this industry median. Based on the distribution chart, Suedzucker AG ranks #1523 out of 1932 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Suedzucker AG has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Suedzucker AG's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Suedzucker AG ranks #1523 out of 1932 companies for Altman Z-Score. This places Suedzucker AG in the lower half of its industry. The industry median Altman Z-Score is 2.85. Suedzucker AG's value of 1.50 is 47.4% below this benchmark. Historically, Suedzucker AG's own Altman Z-Score has ranged from 1.10 to 2.19 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 2.85, Suedzucker AG 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 1,932 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. Suedzucker AG's current Altman Z-Score of 1.50 is 47.4% 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 Suedzucker AG 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. Suedzucker AG's current Altman Z-Score is 1.50, which is near median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suedzucker AG stock overvalued right now?
Suedzucker AG (CHIX:SZUD) has a current Altman Z-Score of 1.50. The stock's GF Value™ is €10.59, compared to a current price of €11.65 — trading 10% above its estimated fair value. The current Altman Z-Score is 1.50, which is near median its 10-year median of 1.58 and 47.4% below the Consumer Packaged Goods industry median of 2.85. Suedzucker AG's overall GF Score™ is 69/100 with 5 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 Suedzucker AG (CHIX:SZUD), the current Altman Z-Score is 1.50 as of Jul. 14, 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 Suedzucker AG (CHIX:SZUD) Overvalued in 2026?

Based on GuruFocus' analysis, Suedzucker AG stock appears to be overvalued. The current stock price of €11.65 is trading 10% above its estimated GF Value™ of €10.59.

Key valuation signals for CHIX:SZUD:

  • Altman Z-Score: 1.50 (near median its 10-year median of 1.58)
  • GF Value™: €10.59 vs. price of €11.65 (10% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 47.4% below the Consumer Packaged Goods median (#1523 of 1932)

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


Suedzucker AG Business Description

Address Maximilianstrasse 10, Mannheim, DEU, 68165
Suedzucker AG has five segments: Sugar, Special products, Crop energies, starch, and Fruit. The Sugar segment produces Sugar, sugar specialty products, animal feed, and fertilizer. Special products produce frozen pizzas, baguettes, snacks, pasta, food ingredients, animal feed, starch, and pharmaceuticals. Crop energies produce bioethanol, protein-based food, and liquid carbon dioxide. The fruit segment makes juice concentrates, pure juice, wines, and beverage bases. Suedzucker sells its products to retailers and companies in the food, beverage, agriculture, paper, textile, chemicals, pharmaceuticals, cosmetics, animal feed, and petroleum industries. Germany is Suedzucker's primary market, and the company generates the majority of its revenue in European Union countries.
69GF Score

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

€11.65
Price
€10.59
GF Value