MLFNF (Maple Leaf Foods) Altman Z-Score: 2.67 (As of Jun. 25, 2026) — Near Median


MLFNF Maple Leaf Foods Inc MLFNF
56 GF Score
Price $21.79
GF Value $14.71
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Maple Leaf Foods Altman Z-Score?

Maple Leaf Foods MLFNF +0.97% 56 Altman Z-Score is 2.67 as of Jun. 25, 2026, which is at its 10-year median of 2.67. GuruFocus rates MLFNF with a GF Score™ of 56/100 and a GF Value™ of $14.71 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,933 Consumer Packaged Goods companies, Maple Leaf Foods ranks worse than 53.18% 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 2.67 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Maple Leaf Foods has a Altman Z-Score of 2.67, indicating it is in Grey Zones. This implies that Maple Leaf Foods is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Maple Leaf Foods's Altman Z-Score or its related term are showing as below:

MLFNF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.67   Med: 2.67   Max: 6.87
Current: 2.67

During the past 13 years, Maple Leaf Foods's highest Altman Z-Score was 6.87. The lowest was 1.67. And the median was 2.67.


Maple Leaf Foods  (OTCPK:MLFNF) 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.


Maple Leaf Foods Altman Z-Score Related Terms


Maple Leaf Foods Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Maple Leaf 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.

Maple Leaf Foods Altman Z-Score Chart

Maple Leaf Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 1.83 1.82 1.83 2.45

Maple Leaf Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.86 2.01 2.36 2.45 2.67

MLFNF vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, Maple Leaf 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.


Maple Leaf Foods Altman Z-Score vs Consumer Packaged Goods Industry

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

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


MLFNF
56GF Score
Maple Leaf Foods Inc MLFNF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Maple Leaf 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.

Maple Leaf 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*0.0647+1.4*0.1032+3.3*0.0698+0.6*1.6754+1.0*1.2083
=2.67

* 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 Mar. 2026:
Total Assets was $2,605 Mil.
Total Current Assets was $658 Mil.
Total Current Liabilities was $489 Mil.
Retained Earnings was $269 Mil.
Pre-Tax Income was 46.662 + -7.144 + 25.304 + 59.279 = $124 Mil.
Interest Expense was -11.4 + -11.615 + -16.555 + -18.101 = $-58 Mil.
Revenue was 701.786 + 718.552 + 730.457 + 996.594 = $3,147 Mil.
Market Cap (Today) was $2,721 Mil.
Total Liabilities was $1,624 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
=(657.56 - 488.992)/2604.756
=0.0647

X2=Retained Earnings/Total Assets
=268.829/2604.756
=0.1032

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(124.101 - -57.671)/2604.756
=0.0698

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2721.371/1624.297
=1.6754

X5=Revenue/Total Assets
=3147.389/2604.756
=1.2083

The zones of discrimination were as such:

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

Maple Leaf Foods has a Altman Z-Score of 2.67 indicating it is in Grey 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 2.67 mean?
Maple Leaf Foods (MLFNF) has a Altman Z-Score of 2.67 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Maple Leaf Foods and its competitors. This is near median its historical median of 2.67. Over the past decade, Maple Leaf Foods' Altman Z-Score has ranged from 1.67 to 6.87. According to the industry distribution chart, Maple Leaf Foods ranks #1028 out of 1933 companies in the Consumer Packaged Goods industry, placing it in the top 53.2%.
Is Maple Leaf Foods' Altman Z-Score too high?
Maple Leaf Foods' current Altman Z-Score of 2.67 is near median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 6.87. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. Maple Leaf Foods' value of 2.67 is 5.7% below this industry median. Based on the distribution chart, Maple Leaf Foods ranks #1028 out of 1933 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Maple Leaf Foods has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maple Leaf Foods' Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Maple Leaf Foods ranks #1028 out of 1933 companies for Altman Z-Score. This places Maple Leaf Foods in the lower half of its industry. The industry median Altman Z-Score is 2.83. Maple Leaf Foods' value of 2.67 is 5.7% below this benchmark. Historically, Maple Leaf Foods' own Altman Z-Score has ranged from 1.67 to 6.87 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 2.83, Maple Leaf 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 1,933 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. Maple Leaf Foods's current Altman Z-Score of 2.67 is 5.7% 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 Maple Leaf 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. Maple Leaf Foods's current Altman Z-Score is 2.67, which is near median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maple Leaf Foods stock overvalued right now?
Based on GuruFocus' analysis, Maple Leaf Foods (MLFNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.71, compared to a current price of $21.79 — trading 48.1% above its estimated fair value. The current Altman Z-Score is 2.67, which is near median its 10-year median of 2.67 and 5.7% below the Consumer Packaged Goods industry median of 2.83. Maple Leaf Foods' overall GF Score™ is 56/100 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 Maple Leaf Foods (MLFNF), the current Altman Z-Score is 2.67 as of Jun. 25, 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 Maple Leaf Foods (MLFNF) Overvalued in 2026?

Based on GuruFocus' analysis, Maple Leaf Foods stock appears to be overvalued. The current stock price of $21.79 is trading 48.1% above its estimated GF Value™ of $14.71. GuruFocus considers Maple Leaf Foods to be Significantly Overvalued.

Key valuation signals for MLFNF:

  • Altman Z-Score: 2.67 (near median its 10-year median of 2.67)
  • GF Value™: $14.71 vs. price of $21.79 (48.1% above fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 5.7% below the Consumer Packaged Goods median (#1028 of 1933)

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


Maple Leaf Foods Business Description

Address 6897 Financial Drive, Mississauga, ON, CAN, L5N 0A8
Maple Leaf Foods Inc is a protein-focused consumer packaged goods company that responsibly produces food products under brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The company's portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, value-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, and Others.
56GF Score

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

$21.79
Price
$14.71
GF Value