FAME (Flamemaster) Altman Z-Score: 47.37 (As of Jun. 26, 2026)


What is Flamemaster Altman Z-Score?

Flamemaster FAME Altman Z-Score is 47.37 as of Jun. 26, 2026.

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.

Flamemaster has a Altman Z-Score of 47.37, 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 Flamemaster's Altman Z-Score or its related term are showing as below:


Flamemaster  (OTCPK:FAME) 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.


Flamemaster Altman Z-Score Related Terms


Flamemaster Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Flamemaster'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.

Flamemaster Altman Z-Score Chart

Flamemaster Annual Data
Trend Sep95 Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.71 5.67 5.59 7.87 12.80

Flamemaster Quarterly Data
Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05
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 15.37 12.55 12.80 35.88 18.07

Flamemaster Altman Z-Score Competitor Comparison

For the Specialty Chemicals subindustry, Flamemaster'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.


Flamemaster Altman Z-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flamemaster's Altman Z-Score distribution charts can be found below:

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



Flamemaster 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.

Flamemaster'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*0.905+1.4*0.1177+3.3*0.1805+0.6*74.0328+1.0*1.1082
=47.37

* 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. 2005:
Total Assets was $4.62 Mil.
Total Current Assets was $4.49 Mil.
Total Current Liabilities was $0.31 Mil.
Retained Earnings was $0.54 Mil.
Pre-Tax Income was 0.257 + 0.064 + 0.207 + 0.306 = $0.83 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 1.258 + 1.132 + 1.309 + 1.421 = $5.12 Mil.
Market Cap (Today) was $22.58 Mil.
Total Liabilities was $0.31 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
=(4.486 - 0.305)/4.62
=0.905

X2=Retained Earnings/Total Assets
=0.544/4.62
=0.1177

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.834 - 0)/4.62
=0.1805

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=22.580/0.305
=74.0328

X5=Revenue/Total Assets
=5.12/4.62
=1.1082

The zones of discrimination were as such:

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

Flamemaster has a Altman Z-Score of 47.37 indicating it is in Safe 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 47.37 mean?
Flamemaster (FAME) has a Altman Z-Score of 47.37 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Flamemaster and its competitors.
Is Flamemaster's Altman Z-Score too high?
Flamemaster's current Altman Z-Score is 47.37. The Chemicals industry median Altman Z-Score is 3.18. Flamemaster's value of 47.37 is 1392% above this industry median.
How does Flamemaster's Altman Z-Score compare to competitors?
Flamemaster's Altman Z-Score of 47.37 can be compared against companies in the Chemicals industry. The industry median Altman Z-Score is 3.18. Flamemaster's value of 47.37 is 1392% above this benchmark. 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.18, based on 1,572 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. Flamemaster's current Altman Z-Score of 47.37 is 1392% 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 Flamemaster and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flamemaster's current Altman Z-Score is 47.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flamemaster stock overvalued right now?
Flamemaster (FAME) has a current Altman Z-Score of 47.37. The current Altman Z-Score is 47.37 and 1392% above the Chemicals industry median of 3.18. 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 Flamemaster (FAME), the current Altman Z-Score is 47.37 as of Jun. 26, 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.

Flamemaster Business Description

Address 13576 Desmond Street, Pacoima, CA, USA, 91331-2315
Flamemaster Corp manufactures sealants, adhesives, ablative and heat-resistant coatings and electrical cable fire retardant coatings. Its products include Sealants and Coatings.