Embotelladora Andina (FRA:AKOB) Altman Z-Score: 3.22 (As of Jul. 07, 2026) — 35% Above Median


FRA:AKOB Embotelladora Andina SA FRA:AKOB
87 GF Score
Price €25.40
GF Value €18.30
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Embotelladora Andina Altman Z-Score?

Embotelladora Andina FRA:AKOB +0.79% 87 Altman Z-Score is 3.22 as of Jul. 07, 2026, which is 35% above its 10-year median of 2.38. GuruFocus rates FRA:AKOB with a GF Score™ of 87/100 and a GF Value™ of €18.30 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 113 Beverages - Non-Alcoholic companies, Embotelladora Andina ranks worse than 55.75% 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.

Good Sign:

Altman Z-score of 3.14 is strong.

Embotelladora Andina has a Altman Z-Score of 3.22, 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 Embotelladora Andina's Altman Z-Score or its related term are showing as below:

FRA:AKOB' s Altman Z-Score Range Over the Past 10 Years
Min: 2.02   Med: 2.38   Max: 3.14
Current: 3.14

During the past 13 years, Embotelladora Andina's highest Altman Z-Score was 3.14. The lowest was 2.02. And the median was 2.38.


Embotelladora Andina  (FRA:AKOB) 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.


Embotelladora Andina Altman Z-Score Related Terms


Embotelladora Andina Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Embotelladora Andina'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.

Embotelladora Andina Altman Z-Score Chart

Embotelladora Andina 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 2.07 2.03 2.23 2.43 2.93

Embotelladora Andina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.80 2.99 2.86 2.93 2.97

FRA:AKOB vs KO, PEP, MNST: Altman Z-Score Comparison

For the Beverages - Non-Alcoholic subindustry, Embotelladora Andina'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.


Embotelladora Andina Altman Z-Score vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Embotelladora Andina's Altman Z-Score distribution charts can be found below:

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


FRA:AKOB
87GF Score
Embotelladora Andina SA FRA:AKOB
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Embotelladora Andina 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.

Embotelladora Andina'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*0.1195+1.4*0.3662+3.3*0.1309+0.6*1.9824+1.0*0.9416
=3.22

* 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. 2026:
Total Assets was €3,354 Mil.
Total Current Assets was €1,001 Mil.
Total Current Liabilities was €600 Mil.
Retained Earnings was €1,228 Mil.
Pre-Tax Income was 131.853 + 121.564 + 73.574 + 54.401 = €381 Mil.
Interest Expense was -13.865 + -14.98 + -14.288 + -14.547 = €-58 Mil.
Revenue was 875.916 + 889.257 + 710.53 + 682.721 = €3,158 Mil.
Market Cap (Today) was €4,007 Mil.
Total Liabilities was €2,021 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
=(1001.121 - 600.404)/3354.347
=0.1195

X2=Retained Earnings/Total Assets
=1228.197/3354.347
=0.3662

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(381.392 - -57.68)/3354.347
=0.1309

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4007.104/2021.384
=1.9824

X5=Revenue/Total Assets
=3158.424/3354.347
=0.9416

The zones of discrimination were as such:

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

Embotelladora Andina has a Altman Z-Score of 3.22 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 3.22 mean?
Embotelladora Andina (FRA:AKOB) has a Altman Z-Score of 3.22 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Embotelladora Andina and its competitors. This is 35% above median its historical median of 2.38. Over the past decade, Embotelladora Andina's Altman Z-Score has ranged from 2.02 to 3.14. According to the industry distribution chart, Embotelladora Andina ranks #63 out of 113 companies in the Beverages - Non-Alcoholic industry, placing it in the top 55.8%.
Is Embotelladora Andina's Altman Z-Score too high?
Embotelladora Andina's current Altman Z-Score of 3.22 is 35% above median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 3.14. The Beverages - Non-Alcoholic industry median Altman Z-Score is 3.39. Embotelladora Andina's value of 3.22 is 5% below this industry median. Based on the distribution chart, Embotelladora Andina ranks #63 out of 113 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Embotelladora Andina has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Embotelladora Andina's Altman Z-Score compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Embotelladora Andina ranks #63 out of 113 companies for Altman Z-Score. This places Embotelladora Andina in the lower half of its industry. The industry median Altman Z-Score is 3.39. Embotelladora Andina's value of 3.22 is 5% below this benchmark. Historically, Embotelladora Andina's own Altman Z-Score has ranged from 2.02 to 3.14 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 3.39, Embotelladora Andina 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 Beverages - Non-Alcoholic company?
The median Altman Z-Score among Beverages - Non-Alcoholic companies is 3.39, based on 113 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. Embotelladora Andina's current Altman Z-Score of 3.22 is 5% 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 Embotelladora Andina and its competitors. For the Beverages - Non-Alcoholic industry, the median Altman Z-Score is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Embotelladora Andina's current Altman Z-Score is 3.22, which is 35% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embotelladora Andina stock overvalued right now?
Based on GuruFocus' analysis, Embotelladora Andina (FRA:AKOB) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.30, compared to a current price of €25.40 — trading 38.8% above its estimated fair value. The current Altman Z-Score is 3.22, which is 35% above median its 10-year median of 2.38 and 5% below the Beverages - Non-Alcoholic industry median of 3.39. Embotelladora Andina's overall GF Score™ is 87/100 with 3 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 Embotelladora Andina (FRA:AKOB), the current Altman Z-Score is 3.22 as of Jul. 07, 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 Embotelladora Andina (FRA:AKOB) Overvalued in 2026?

Based on GuruFocus' analysis, Embotelladora Andina stock appears to be overvalued. The current stock price of €25.40 is trading 38.8% above its estimated GF Value™ of €18.30. GuruFocus considers Embotelladora Andina to be Significantly Overvalued.

Key valuation signals for FRA:AKOB:

  • Altman Z-Score: 3.22 (35% above median its 10-year median of 2.38)
  • GF Value™: €18.30 vs. price of €25.40 (38.8% above fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 5% below the Beverages - Non-Alcoholic median (#63 of 113)

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


Embotelladora Andina Business Description

Address Miraflores 9153, 7th Floor, Renca, Santiago, CHL
Embotelladora Andina SA is a bottler of Coca-Cola trademark beverages. The company produces, sells and distributes fruit juices, other fruit-flavored beverages, sport drinks, mineral and purified water in Chile, Argentina, Brazil and Paraguay under trademarks owned by The Coca-Cola Company, and flavored waters in Chile, Argentina, Brazil and Paraguay, It also produces, sells and distributes iced tea, matte beverages, seed-based beverages, energy drinks, beer, spirits, wines and other alcoholic beverages, alcoholic ready-to-drink beverages, confectionery, and ice cream and other frozen products. Its segments include Operation in Chile, Operation in Brazil, Operation in Paraguay, and Operation in Argentina with the majority of the revenue deriving from Operation in Chile.
87GF Score

Get the complete analysis for FRA:AKOB

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

€25.40
Price
€18.30
GF Value