MGP IngredientsFRA:M1I -1.36%57 Altman Z-Score is 0.94 as of Jul. 04, 2026, which is 83% below its 10-year median of 5.43. GuruFocus rates FRA:M1I with a GF Score™ of 57/100 and a GF Value™ of €28.19. The stock has 7 warning signs investors should review. Among 208 Beverages - Alcoholic companies, MGP Ingredients ranks worse than 83.65% 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 0.93 is in distress zone. This implies bankruptcy possibility in the next two years.
MGP Ingredients has a Altman Z-Score of 0.94, 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 MGP Ingredients's Altman Z-Score or its related term are showing as below:
FRA:M1I'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.93 Med: 5.43 Max: 16.61
Current: 0.93
During the past 13 years, MGP Ingredients's highest Altman Z-Score was 16.61. The lowest was 0.93. And the median was 5.43.
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.
MGP Ingredients Altman Z-Score Related Terms
MGP Ingredients Altman Z-Score Historical Data
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The historical data trend for MGP Ingredients'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:M1I vs SNDL, AGCC, CWGL: Altman Z-Score Comparison
For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.
MGP Ingredients Altman Z-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where MGP Ingredients'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.
MGP Ingredients'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
*
0.3113
+
1.4
*
0.299
+
3.3
*
-0.2566
+
0.6
*
0.8156
+
1.0
*
0.502
=
0.94
* 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.
MGP Ingredients (FRA:M1I) has a Altman Z-Score of 0.94 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on MGP Ingredients and its competitors. This is 83% below median its historical median of 5.43. Over the past decade, MGP Ingredients' Altman Z-Score has ranged from 0.93 to 16.61. According to the industry distribution chart, MGP Ingredients ranks #174 out of 208 companies in the Beverages - Alcoholic industry, placing it in the top 83.7%.
Is MGP Ingredients' Altman Z-Score too high?
MGP Ingredients' current Altman Z-Score of 0.94 is 83% below median its 10-year median of 5.43. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 16.61. The Beverages - Alcoholic industry median Altman Z-Score is 2.74. MGP Ingredients' value of 0.94 is 65.7% below this industry median. Based on the distribution chart, MGP Ingredients ranks #174 out of 208 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, MGP Ingredients has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does MGP Ingredients' Altman Z-Score compare to SNDL and AGCC?
According to the Beverages - Alcoholic industry distribution chart, MGP Ingredients ranks #174 out of 208 companies for Altman Z-Score. This places MGP Ingredients in the lower half of its industry. The industry median Altman Z-Score is 2.74. MGP Ingredients' value of 0.94 is 65.7% below this benchmark. Historically, MGP Ingredients' own Altman Z-Score has ranged from 0.93 to 16.61 over the past decade. While the company's 10-year median is 5.43 vs. the industry median of 2.74, MGP Ingredients 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 - Alcoholic company?
The median Altman Z-Score among Beverages - Alcoholic companies is 2.74, based on 208 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. MGP Ingredients's current Altman Z-Score of 0.94 is 65.7% 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 MGP Ingredients and its competitors. For the Beverages - Alcoholic industry, the median Altman Z-Score is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGP Ingredients's current Altman Z-Score is 0.94, which is 83% below median its own 10-year median of 5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGP Ingredients stock overvalued right now?
MGP Ingredients (FRA:M1I) has a current Altman Z-Score of 0.94. The stock's GF Value™ is €28.19, compared to a current price of €14.50 — trading 48.6% below its estimated fair value. The current Altman Z-Score is 0.94, which is 83% below median its 10-year median of 5.43 and 65.7% below the Beverages - Alcoholic industry median of 2.74. MGP Ingredients' overall GF Score™ is 57/100 with 7 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 MGP Ingredients (FRA:M1I), the current Altman Z-Score is 0.94 as of Jul. 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 MGP Ingredients (FRA:M1I) Overvalued in 2026?
Based on GuruFocus' analysis, MGP Ingredients stock appears to be undervalued.
The current stock price of €14.50 is trading 48.6% below its estimated GF Value™ of €28.19.
Key valuation signals for FRA:M1I:
Altman Z-Score: 0.94 (83% below median its 10-year median of 5.43)
GF Value™: €28.19 vs. price of €14.50 (48.6% below fair value)
Industry Position: 65.7% below the Beverages - Alcoholic median (#174 of 208)
No single metric tells the full story. See the FRA:M1I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGP Ingredients Inc is a producer and supplier of distilled spirits, specialty wheat protein, and starch food ingredients based in the United States. It operates in three reportable segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Maximum revenue is generated from the Branded Spirits segment, which consists of a portfolio of brands that it produces through its distilleries and bottling facilities and sells to distributors or to state governments that directly control the sale of alcohol. MGP's branded spirits include various brands across numerous categories and price tiers, such as Penelope Bourbon, Yellowstone Bourbon, Minor Case Straight Rye Whiskey, Brady's Irish Cream, Exotico Tequila, Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, etc.
57GF Score
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