Grainturk Holding ASIST:GRTHO +0.50%64 Altman Z-Score is 12.52 as of Jul. 08, 2026, which is 11% below its 10-year median of 14.09. GuruFocus rates IST:GRTHO with a GF Score™ of 64/100. The stock has 5 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Grainturk Holding AS ranks better than 93.63% 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 12.7 is strong.
Grainturk Holding AS has a Altman Z-Score of 12.52, 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 Grainturk Holding AS's Altman Z-Score or its related term are showing as below:
IST:GRTHO'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.85 Med: 14.09 Max: 41.82
Current: 12.7
During the past 6 years, Grainturk Holding AS's highest Altman Z-Score was 41.82. The lowest was 7.85. And the median was 14.09.
Grainturk Holding AS (IST:GRTHO) 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.
Altman Z-Score does not apply to financial companies.
Grainturk Holding AS Altman Z-Score Related Terms
Grainturk Holding AS Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Grainturk Holding AS'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.
IST:GRTHO vs ADM, BG, TSN: Altman Z-Score Comparison
For the Farm Products subindustry, Grainturk Holding AS'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.
Grainturk Holding AS Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Grainturk Holding AS's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Grainturk Holding AS'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.
Grainturk Holding AS'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
*
0.2192
+
1.4
*
0.5779
+
3.3
*
0.1872
+
0.6
*
17.0816
+
1.0
*
0.582
=
12.52
* 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.
Grainturk Holding AS (IST:GRTHO) has a Altman Z-Score of 12.52 as of Jul. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Grainturk Holding AS and its competitors. This is 11% below median its historical median of 14.09. Over the past decade, Grainturk Holding AS's Altman Z-Score has ranged from 7.85 to 41.82. According to the industry distribution chart, Grainturk Holding AS ranks #123 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 6.4%.
Is Grainturk Holding AS's Altman Z-Score too high?
Grainturk Holding AS's current Altman Z-Score of 12.52 is 11% below median its 10-year median of 14.09. Over the past 10 years, this metric has ranged from a low of 7.85 to a high of 41.82. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. Grainturk Holding AS's value of 12.52 is 337.8% above this industry median. Based on the distribution chart, Grainturk Holding AS ranks #123 out of 1930 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Grainturk Holding AS has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Grainturk Holding AS's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Grainturk Holding AS ranks #123 out of 1930 companies for Altman Z-Score. This places Grainturk Holding AS in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.86. Grainturk Holding AS's value of 12.52 is 337.8% above this benchmark. Historically, Grainturk Holding AS's own Altman Z-Score has ranged from 7.85 to 41.82 over the past decade. While the company's 10-year median is 14.09 vs. the industry median of 2.86, Grainturk Holding AS has consistently been above 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 2.86, based on 1,930 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. Grainturk Holding AS's current Altman Z-Score of 12.52 is 337.8% 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 Grainturk Holding AS and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grainturk Holding AS's current Altman Z-Score is 12.52, which is 11% below median its own 10-year median of 14.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grainturk Holding AS stock overvalued right now?
Grainturk Holding AS (IST:GRTHO) has a current Altman Z-Score of 12.52. The current Altman Z-Score is 12.52, which is 11% below median its 10-year median of 14.09 and 337.8% above the Consumer Packaged Goods industry median of 2.86. Grainturk Holding AS's overall GF Score™ is 64/100 with 5 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 Grainturk Holding AS (IST:GRTHO), the current Altman Z-Score is 12.52 as of Jul. 08, 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.
Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.
64GF Score
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