Al Eid Food Co (KUW:ALEID) Altman Z-Score: 3.68 (As of Jul. 30, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:ALEID Al Eid Food Co KUW:ALEID
75 GF Score
Price KWD0.22
GF Value KWD0.25
! 6 Warning Signs
View Full Analysis

What is Al Eid Food Co Altman Z-Score?

Al Eid Food Co KUW:ALEID 75 Altman Z-Score is 3.68 as of Jul. 30, 2026, which is 8% above its 10-year median of 3.41. GuruFocus rates KUW:ALEID with a GF Score™ of 75/100 and a GF Value™ of KWD0.25. The stock has 6 warning signs investors should review.

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 3.68 is strong.

Al Eid Food Co has a Altman Z-Score of 3.68, 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 Al Eid Food Co's Altman Z-Score or its related term are showing as below:

KUW:ALEID' s Altman Z-Score Range Over the Past 10 Years
Min: 2.69   Med: 3.41   Max: 6.17
Current: 3.68

During the past 13 years, Al Eid Food Co's highest Altman Z-Score was 6.17. The lowest was 2.69. And the median was 3.41.


Al Eid Food Co  (KUW:ALEID) 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.


Al Eid Food Co Altman Z-Score Related Terms


Al Eid Food Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Al Eid Food Co'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.

Al Eid Food Co Altman Z-Score Chart

Al Eid Food Co Annual Data
Trend Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 5.47 4.97 3.41 4.23

Al Eid Food Co 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 4.34 4.23 4.01 3.56 3.71

KUW:ALEID vs SYY, USFD, PFGC: Altman Z-Score Comparison

For the Food Distribution subindustry, Al Eid Food Co'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.


Al Eid Food Co Altman Z-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Al Eid Food Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Al Eid Food Co's Altman Z-Score falls into.


KUW:ALEID
75GF Score
Al Eid Food Co KUW:ALEID
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Eid Food Co 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.

Al Eid Food Co'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*0.5537+1.4*0.0519+3.3*0.0901+0.6*2.8705+1.0*0.9265
=3.68

* 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 KWD71.68 Mil.
Total Current Assets was KWD62.54 Mil.
Total Current Liabilities was KWD22.85 Mil.
Retained Earnings was KWD3.72 Mil.
Pre-Tax Income was 0.485 + 1.993 + 1.534 + 1.104 = KWD5.12 Mil.
Interest Expense was -0.336 + -0.334 + -0.295 + -0.378 = KWD-1.34 Mil.
Revenue was 11.033 + 21.243 + 17.525 + 16.616 = KWD66.42 Mil.
Market Cap (Today) was KWD67.48 Mil.
Total Liabilities was KWD23.51 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
=(62.539 - 22.847)/71.683
=0.5537

X2=Retained Earnings/Total Assets
=3.718/71.683
=0.0519

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5.116 - -1.343)/71.683
=0.0901

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=67.482/23.509
=2.8705

X5=Revenue/Total Assets
=66.417/71.683
=0.9265

The zones of discrimination were as such:

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

Al Eid Food Co has a Altman Z-Score of 3.68 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 3.68 mean?
Al Eid Food Co (KUW:ALEID) has a Altman Z-Score of 3.68 as of Jul. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Al Eid Food Co and its competitors. This is near median its historical median of 3.41. Over the past decade, Al Eid Food Co's Altman Z-Score has ranged from 2.69 to 6.17.
Is Al Eid Food Co's Altman Z-Score too high?
Al Eid Food Co's current Altman Z-Score of 3.68 is near median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 6.17. The Retail - Defensive industry median Altman Z-Score is 3.50. Al Eid Food Co's value of 3.68 is 5.1% above this industry median. Overall, Al Eid Food Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Al Eid Food Co's Altman Z-Score compare to SYY and USFD?
Al Eid Food Co's Altman Z-Score of 3.68 can be compared against companies in the Retail - Defensive industry. The industry median Altman Z-Score is 3.50. Al Eid Food Co's value of 3.68 is 5.1% above this benchmark. Historically, Al Eid Food Co's own Altman Z-Score has ranged from 2.69 to 6.17 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 3.50, Al Eid Food Co 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 Retail - Defensive company?
The median Altman Z-Score among Retail - Defensive companies is 3.50, based on 309 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. Al Eid Food Co's current Altman Z-Score of 3.68 is 5.1% 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 Al Eid Food Co and its competitors. For the Retail - Defensive industry, the median Altman Z-Score is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Eid Food Co's current Altman Z-Score is 3.68, which is near median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Eid Food Co stock overvalued right now?
Al Eid Food Co (KUW:ALEID) has a current Altman Z-Score of 3.68. The stock's GF Value™ is KWD0.25, compared to a current price of KWD0.22 — trading 13.6% below its estimated fair value. The current Altman Z-Score is 3.68, which is near median its 10-year median of 3.41 and 5.1% above the Retail - Defensive industry median of 3.50. Al Eid Food Co's overall GF Score™ is 75/100 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 Al Eid Food Co (KUW:ALEID), the current Altman Z-Score is 3.68 as of Jul. 30, 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 Al Eid Food Co (KUW:ALEID) Overvalued in 2026?

Based on GuruFocus' analysis, Al Eid Food Co stock appears to be undervalued. The current stock price of KWD0.22 is trading 13.6% below its estimated GF Value™ of KWD0.25.

Key valuation signals for KUW:ALEID:

  • Altman Z-Score: 3.68 (near median its 10-year median of 3.41)
  • GF Value™: KWD0.25 vs. price of KWD0.22 (13.6% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 5.1% above the Retail - Defensive median

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


Al Eid Food Co Business Description

Address Al Ardiya Industrial Area, P.O. Box 41081, Building 100, Block 2, Kuwait City, KWT, 85851
Al Eid Food Co is importing, distributes, packaging, and marketing food and consumer products. It specializes in food and beverage distribution in Kuwait. Its products include Alwaha, Seara, GoldAlex, Delicio, Rahma, and Sunlite. It also provides oils, pulses, spices, rice, seafood, nuts, and meat. Operating segments of the group are distributed over the State of Kuwait, and the Gulf co-operation council, and the majority of the revenue comes from the State of Kuwait.
75GF Score

Get the complete analysis for KUW:ALEID

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

KWD0.22
Price
KWD0.25
GF Value