Unity Foods (KAR:UNITY) Altman Z-Score: 1.21 (As of Jun. 28, 2026) — 35% Below Median


KAR:UNITY Unity Foods Ltd KAR:UNITY
65 GF Score
Price ₨11.12
GF Value ₨38.42
Valuation Possible Value Trap
! 7 Warning Signs
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What is Unity Foods Altman Z-Score?

Unity Foods KAR:UNITY 65 Altman Z-Score is 1.21 as of Jun. 28, 2026, which is 35% below its 10-year median of 1.87. GuruFocus rates KAR:UNITY with a GF Score™ of 65/100 and a GF Value™ of ₨38.42 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,932 Consumer Packaged Goods companies, Unity Foods ranks worse than 81.47% 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 1.21 is in distress zone. This implies bankruptcy possibility in the next two years.

Unity Foods has a Altman Z-Score of 1.21, 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 Unity Foods's Altman Z-Score or its related term are showing as below:

KAR:UNITY' s Altman Z-Score Range Over the Past 10 Years
Min: 1.19   Med: 1.87   Max: 2.93
Current: 1.21

During the past 9 years, Unity Foods's highest Altman Z-Score was 2.93. The lowest was 1.19. And the median was 1.87.


Unity Foods  (KAR:UNITY) 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.


Unity Foods Altman Z-Score Related Terms


Unity Foods Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Unity Foods'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.

Unity Foods Altman Z-Score Chart

Unity Foods Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 2.93 2.19 1.79 1.33 1.41

Unity Foods Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.19 1.27 1.21 1.41 1.35

KAR:UNITY vs KHC, GIS, JBS: Altman Z-Score Comparison

For the Packaged Foods subindustry, Unity Foods'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.


Unity Foods Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unity Foods's Altman Z-Score distribution charts can be found below:

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


KAR:UNITY
65GF Score
Unity Foods Ltd KAR:UNITY
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Unity Foods 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.

Unity Foods'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*0.0213+1.4*0.0305+3.3*0.0865+0.6*0.1683+1.0*0.7507
=1.21

* 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 Sep. 2025:
Total Assets was ₨97,595 Mil.
Total Current Assets was ₨78,351 Mil.
Total Current Liabilities was ₨76,270 Mil.
Retained Earnings was ₨2,973 Mil.
Pre-Tax Income was 404.593 + 1436.364 + 537.401 + 792.556 = ₨3,171 Mil.
Interest Expense was -1447.071 + -323.633 + -1441.607 + -2056.004 = ₨-5,268 Mil.
Revenue was 11829.86 + 15444.789 + 27061.485 + 18927.676 = ₨73,264 Mil.
Market Cap (Today) was ₨13,278 Mil.
Total Liabilities was ₨78,894 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
=(78351.079 - 76269.853)/97595.269
=0.0213

X2=Retained Earnings/Total Assets
=2973.01/97595.269
=0.0305

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3170.914 - -5268.315)/97595.269
=0.0865

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13277.836/78893.521
=0.1683

X5=Revenue/Total Assets
=73263.81/97595.269
=0.7507

The zones of discrimination were as such:

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

Unity Foods has a Altman Z-Score of 1.21 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 1.21 mean?
Unity Foods (KAR:UNITY) has a Altman Z-Score of 1.21 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Unity Foods and its competitors. This is 35% below median its historical median of 1.87. Over the past decade, Unity Foods' Altman Z-Score has ranged from 1.19 to 2.93. According to the industry distribution chart, Unity Foods ranks #1574 out of 1932 companies in the Consumer Packaged Goods industry, placing it in the top 81.5%.
Is Unity Foods' Altman Z-Score too high?
Unity Foods' current Altman Z-Score of 1.21 is 35% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 2.93. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. Unity Foods' value of 1.21 is 57.2% below this industry median. Based on the distribution chart, Unity Foods ranks #1574 out of 1932 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Unity Foods has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Unity Foods' Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Unity Foods ranks #1574 out of 1932 companies for Altman Z-Score. This places Unity Foods in the lower half of its industry. The industry median Altman Z-Score is 2.83. Unity Foods' value of 1.21 is 57.2% below this benchmark. Historically, Unity Foods' own Altman Z-Score has ranged from 1.19 to 2.93 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.83, Unity Foods 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 2.83, based on 1,932 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. Unity Foods's current Altman Z-Score of 1.21 is 57.2% 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 Unity Foods and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unity Foods's current Altman Z-Score is 1.21, which is 35% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unity Foods stock overvalued right now?
Based on GuruFocus' analysis, Unity Foods (KAR:UNITY) is currently considered Possible Value Trap. The stock's GF Value™ is ₨38.42, compared to a current price of ₨11.12 — trading 71.1% below its estimated fair value. The current Altman Z-Score is 1.21, which is 35% below median its 10-year median of 1.87 and 57.2% below the Consumer Packaged Goods industry median of 2.83. Unity Foods' overall GF Score™ is 65/100 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 Unity Foods (KAR:UNITY), the current Altman Z-Score is 1.21 as of Jun. 28, 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 Unity Foods (KAR:UNITY) Overvalued in 2026?

Based on GuruFocus' analysis, Unity Foods stock appears to be undervalued. The current stock price of ₨11.12 is trading 71.1% below its estimated GF Value™ of ₨38.42. GuruFocus considers Unity Foods to be Possible Value Trap.

Key valuation signals for KAR:UNITY:

  • Altman Z-Score: 1.21 (35% below median its 10-year median of 1.87)
  • GF Value™: ₨38.42 vs. price of ₨11.12 (71.1% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 57.2% below the Consumer Packaged Goods median (#1574 of 1932)

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


Unity Foods Business Description

Address Unity Tower, Plot No. 8-C, P.E.C.H.S, Block - 6, Karachi, SD, PAK, 75400
Unity Foods Ltd is engaged in edible oil extraction, refining, and the distribution of grains and agro commodities. Its product offerings include Oilseeds, Feed Ingredients, and Other Feed Ingredients. The company's brand includes Pure and Crown Feeds.
65GF Score

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

₨11.12
Price
₨38.42
GF Value