FRFTF (TFF Group) Altman Z-Score: 1.52 (As of Jun. 26, 2026) — 51% Below Median


FRFTF TFF Group FRFTF
82 GF Score
Price $17.50
GF Value $29.51
! 6 Warning Signs
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What is TFF Group Altman Z-Score?

TFF Group FRFTF 82 Altman Z-Score is 1.52 as of Jun. 26, 2026, which is 51% below its 10-year median of 3.08. GuruFocus rates FRFTF with a GF Score™ of 82/100 and a GF Value™ of $29.51. The stock has 6 warning signs investors should review. Among 391 Packaging & Containers companies, TFF Group ranks worse than 78.26% 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 1.52 is in distress zone. This implies bankruptcy possibility in the next two years.

TFF Group has a Altman Z-Score of 1.52, 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 TFF Group's Altman Z-Score or its related term are showing as below:

FRFTF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.52   Med: 3.08   Max: 4.54
Current: 1.52

During the past 13 years, TFF Group's highest Altman Z-Score was 4.54. The lowest was 1.52. And the median was 3.08.


TFF Group  (OTCPK:FRFTF) 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.


TFF Group Altman Z-Score Related Terms


TFF Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for TFF Group'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.

TFF Group Altman Z-Score Chart

TFF Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 3.04 2.66 2.50 1.64

TFF Group Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.00 2.50 0.00 1.64 0.00

FRFTF vs SW, PKG, AMCR: Altman Z-Score Comparison

For the Packaging & Containers subindustry, TFF Group'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.


TFF Group Altman Z-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TFF Group's Altman Z-Score distribution charts can be found below:

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


FRFTF
82GF Score
TFF Group FRFTF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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TFF Group 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.

TFF Group'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*0.3303+1.4*0.0309+3.3*0.0603+0.6*0.7526+1.0*0.4275
=1.52

* 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 Apr. 2025:
Total Assets was $1,118.1 Mil.
Total Current Assets was $718.2 Mil.
Total Current Liabilities was $348.9 Mil.
Retained Earnings was $34.5 Mil.
Pre-Tax Income was $49.3 Mil.
Interest Expense was $-18.1 Mil.
Revenue was $478.0 Mil.
Market Cap (Today) was $403.2 Mil.
Total Liabilities was $535.7 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
=(718.189 - 348.911)/1118.138
=0.3303

X2=Retained Earnings/Total Assets
=34.5/1118.138
=0.0309

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(49.349 - -18.076)/1118.138
=0.0603

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=403.187/535.699
=0.7526

X5=Revenue/Total Assets
=478.01/1118.138
=0.4275

The zones of discrimination were as such:

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

TFF Group has a Altman Z-Score of 1.52 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 1.52 mean?
TFF Group (FRFTF) has a Altman Z-Score of 1.52 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on TFF Group and its competitors. This is 51% below median its historical median of 3.08. Over the past decade, TFF Group's Altman Z-Score has ranged from 1.52 to 4.54. According to the industry distribution chart, TFF Group ranks #306 out of 391 companies in the Packaging & Containers industry, placing it in the top 78.3%.
Is TFF Group's Altman Z-Score too high?
TFF Group's current Altman Z-Score of 1.52 is 51% below median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 4.54. The Packaging & Containers industry median Altman Z-Score is 2.65. TFF Group's value of 1.52 is 42.6% below this industry median. Based on the distribution chart, TFF Group ranks #306 out of 391 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, TFF Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does TFF Group's Altman Z-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, TFF Group ranks #306 out of 391 companies for Altman Z-Score. This places TFF Group in the lower half of its industry. The industry median Altman Z-Score is 2.65. TFF Group's value of 1.52 is 42.6% below this benchmark. Historically, TFF Group's own Altman Z-Score has ranged from 1.52 to 4.54 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 2.65, TFF Group 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 Packaging & Containers company?
The median Altman Z-Score among Packaging & Containers companies is 2.65, based on 391 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. TFF Group's current Altman Z-Score of 1.52 is 42.6% 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 TFF Group and its competitors. For the Packaging & Containers industry, the median Altman Z-Score is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFF Group's current Altman Z-Score is 1.52, which is 51% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFF Group stock overvalued right now?
TFF Group (FRFTF) has a current Altman Z-Score of 1.52. The stock's GF Value™ is $29.51, compared to a current price of $17.50 — trading 40.7% below its estimated fair value. The current Altman Z-Score is 1.52, which is 51% below median its 10-year median of 3.08 and 42.6% below the Packaging & Containers industry median of 2.65. TFF Group's overall GF Score™ is 82/100 with 6 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 TFF Group (FRFTF), the current Altman Z-Score is 1.52 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.

Is TFF Group (FRFTF) Overvalued in 2026?

Based on GuruFocus' analysis, TFF Group stock appears to be undervalued. The current stock price of $17.50 is trading 40.7% below its estimated GF Value™ of $29.51.

Key valuation signals for FRFTF:

  • Altman Z-Score: 1.52 (51% below median its 10-year median of 3.08)
  • GF Value™: $29.51 vs. price of $17.50 (40.7% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 42.6% below the Packaging & Containers median (#306 of 391)

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


TFF Group Business Description

Address Saint-Romain, Saint-Romain, FRA, 21190
TFF Group is a France-based company operating in the beverage industry. The company is engaged in the manufacturing and distribution of barrels and wood products for the ageing of wines and spirits in France. The company also offers cooperages, staves, and casks. Its principal markets include wines, whiskey, and spirits. Geographically, the company derives maximum revenue from the United States and the rest from Europe (excluding France), Oceania and South Africa, France, and other regions.
82GF Score

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

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