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Rogers SugarFRA:16R -0.94%68 Altman Z-Score is 2.32 as of Aug. 04, 2026, which is 16% above its 10-year median of 2.00. GuruFocus rates FRA:16R with a GF Score™ of 68/100 and a GF Value™ of €3.27 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,931 Consumer Packaged Goods companies, Rogers Sugar ranks worse than 59.97% 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 2.35 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.
Rogers Sugar has a Altman Z-Score of 2.32, indicating it is in Grey Zones. This implies that Rogers Sugar 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 Rogers Sugar's Altman Z-Score or its related term are showing as below:
FRA:16R'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.42 Med: 2 Max: 2.65
Current: 2.35
During the past 13 years, Rogers Sugar's highest Altman Z-Score was 2.65. The lowest was 1.42. And the median was 2.00.
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.
Rogers Sugar Altman Z-Score Related Terms
Rogers Sugar Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Rogers Sugar'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.
FRA:16R vs MDLZ, HSY, TR: Altman Z-Score Comparison
For the Confectioners subindustry, Rogers Sugar'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.
Rogers Sugar Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Rogers Sugar's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Rogers Sugar'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.
Rogers Sugar'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
*
0.1764
+
1.4
*
-0.0844
+
3.3
*
0.101
+
0.6
*
1.3445
+
1.0
*
1.0895
=
2.32
* 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.
Rogers Sugar (FRA:16R) has a Altman Z-Score of 2.32 as of Aug. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Rogers Sugar and its competitors. This is 16% above median its historical median of 2.00. Over the past decade, Rogers Sugar's Altman Z-Score has ranged from 1.42 to 2.65. According to the industry distribution chart, Rogers Sugar ranks #1158 out of 1931 companies in the Consumer Packaged Goods industry, placing it in the top 60%.
Is Rogers Sugar's Altman Z-Score too high?
Rogers Sugar's current Altman Z-Score of 2.32 is 16% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 2.65. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Rogers Sugar's value of 2.32 is 18.6% below this industry median. Based on the distribution chart, Rogers Sugar ranks #1158 out of 1931 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Rogers Sugar has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rogers Sugar's Altman Z-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Rogers Sugar ranks #1158 out of 1931 companies for Altman Z-Score. This places Rogers Sugar in the lower half of its industry. The industry median Altman Z-Score is 2.85. Rogers Sugar's value of 2.32 is 18.6% below this benchmark. Historically, Rogers Sugar's own Altman Z-Score has ranged from 1.42 to 2.65 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 2.85, Rogers Sugar 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 1,931 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. Rogers Sugar's current Altman Z-Score of 2.32 is 18.6% 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 Rogers Sugar 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. Rogers Sugar's current Altman Z-Score is 2.32, which is 16% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rogers Sugar stock overvalued right now?
Based on GuruFocus' analysis, Rogers Sugar (FRA:16R) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.27, compared to a current price of €4.20 — trading 28.4% above its estimated fair value. The current Altman Z-Score is 2.32, which is 16% above median its 10-year median of 2.00 and 18.6% below the Consumer Packaged Goods industry median of 2.85. Rogers Sugar's overall GF Score™ is 68/100 with 8 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 Rogers Sugar (FRA:16R), the current Altman Z-Score is 2.32 as of Aug. 04, 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 Rogers Sugar (FRA:16R) Overvalued in 2026?
Based on GuruFocus' analysis, Rogers Sugar stock appears to be overvalued.
The current stock price of €4.20 is trading 28.4% above its estimated GF Value™ of €3.27.
GuruFocus considers Rogers Sugar to be Modestly Overvalued.
Key valuation signals for FRA:16R:
Altman Z-Score: 2.32 (16% above median its 10-year median of 2.00)
GF Value™: €3.27 vs. price of €4.20 (28.4% above fair value)
Industry Position: 18.6% below the Consumer Packaged Goods median (#1158 of 1931)
No single metric tells the full story. See the FRA:16R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rogers Sugar Inc is a Canada-based sugar-producing company. Along with its subsidiaries, it offers products like Brown sugar, Yellow sugar, Icing sugar, and other related sugar products. The company operates in the following reportable segments: Sugar and Maple. The Sugar segment which generates maximum revenue is engaged in the refining, packaging, and marketing of sugar products; and the Maple segment processes pure maple syrup and related maple products. Geographically, the company derives a majority of its revenue from its customers in Canada and the rest from the United States, Europe, and other regions.
68GF Score
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