Gulf Mushroom Products CoOG (MUS:GMPI) Altman Z-Score: 3.09 (As of Jul. 04, 2026) — 53% Above Median


MUS:GMPI Gulf Mushroom Products Co SAOG MUS:GMPI
65 GF Score
Price ر.ع0.43
GF Value ر.ع0.25
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Gulf Mushroom Products CoOG Altman Z-Score?

Gulf Mushroom Products CoOG MUS:GMPI +1.18% 65 Altman Z-Score is 3.09 as of Jul. 04, 2026, which is 53% above its 10-year median of 2.02. GuruFocus rates MUS:GMPI with a GF Score™ of 65/100 and a GF Value™ of ر.ع0.25 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,928 Consumer Packaged Goods companies, Gulf Mushroom Products CoOG ranks better than 53.68% 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 3.02 is strong.

Gulf Mushroom Products CoOG has a Altman Z-Score of 3.09, 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 Gulf Mushroom Products CoOG's Altman Z-Score or its related term are showing as below:

MUS:GMPI' s Altman Z-Score Range Over the Past 10 Years
Min: 1.18   Med: 2.02   Max: 3.02
Current: 3.02

During the past 13 years, Gulf Mushroom Products CoOG's highest Altman Z-Score was 3.02. The lowest was 1.18. And the median was 2.02.


Gulf Mushroom Products CoOG  (MUS:GMPI) 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.


Gulf Mushroom Products CoOG Altman Z-Score Related Terms


Gulf Mushroom Products CoOG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Gulf Mushroom Products CoOG'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.

Gulf Mushroom Products CoOG Altman Z-Score Chart

Gulf Mushroom Products CoOG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 2.03 2.01 2.37 2.54

Gulf Mushroom Products CoOG Quarterly Data
Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25
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 2.13 2.37 2.26 2.45 2.54

MUS:GMPI vs ADM, BG, TSN: Altman Z-Score Comparison

For the Farm Products subindustry, Gulf Mushroom Products CoOG'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.


Gulf Mushroom Products CoOG Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gulf Mushroom Products CoOG's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Gulf Mushroom Products CoOG's Altman Z-Score falls into.


MUS:GMPI
65GF Score
Gulf Mushroom Products Co SAOG MUS:GMPI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gulf Mushroom Products CoOG 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.

Gulf Mushroom Products CoOG'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*0.1306+1.4*0.2645+3.3*0.1063+0.6*2.9508+1.0*0.4459
=3.09

* 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 Dec. 2025:
Total Assets was ر.ع20.17 Mil.
Total Current Assets was ر.ع5.79 Mil.
Total Current Liabilities was ر.ع3.16 Mil.
Retained Earnings was ر.ع5.33 Mil.
Pre-Tax Income was 0 + 0.724 + 0.659 + 0.594 = ر.ع1.98 Mil.
Interest Expense was 0 + -0.056 + -0.059 + -0.052 = ر.ع-0.17 Mil.
Revenue was 0 + 3.019 + 2.883 + 3.089 = ر.ع8.99 Mil.
Market Cap (Today) was ر.ع21.65 Mil.
Total Liabilities was ر.ع7.34 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
=(5.794 - 3.161)/20.165
=0.1306

X2=Retained Earnings/Total Assets
=5.334/20.165
=0.2645

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.977 - -0.167)/20.165
=0.1063

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=21.647/7.336
=2.9508

X5=Revenue/Total Assets
=8.991/20.165
=0.4459

The zones of discrimination were as such:

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

Gulf Mushroom Products CoOG has a Altman Z-Score of 3.09 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 3.09 mean?
Gulf Mushroom Products CoOG (MUS:GMPI) has a Altman Z-Score of 3.09 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Gulf Mushroom Products CoOG and its competitors. This is 53% above median its historical median of 2.02. Over the past decade, Gulf Mushroom Products CoOG's Altman Z-Score has ranged from 1.18 to 3.02. According to the industry distribution chart, Gulf Mushroom Products CoOG ranks #893 out of 1928 companies in the Consumer Packaged Goods industry, placing it in the top 46.3%.
Is Gulf Mushroom Products CoOG's Altman Z-Score too high?
Gulf Mushroom Products CoOG's current Altman Z-Score of 3.09 is 53% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 3.02. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. Gulf Mushroom Products CoOG's value of 3.09 is 9.2% above this industry median. Based on the distribution chart, Gulf Mushroom Products CoOG ranks #893 out of 1928 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Gulf Mushroom Products CoOG has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gulf Mushroom Products CoOG's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Gulf Mushroom Products CoOG ranks #893 out of 1928 companies for Altman Z-Score. This puts Gulf Mushroom Products CoOG in the upper half of its industry. The industry median Altman Z-Score is 2.83. Gulf Mushroom Products CoOG's value of 3.09 is 9.2% above this benchmark. Historically, Gulf Mushroom Products CoOG's own Altman Z-Score has ranged from 1.18 to 3.02 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 2.83, Gulf Mushroom Products CoOG 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 2.83, based on 1,928 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. Gulf Mushroom Products CoOG's current Altman Z-Score of 3.09 is 9.2% 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 Gulf Mushroom Products CoOG 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. Gulf Mushroom Products CoOG's current Altman Z-Score is 3.09, which is 53% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Mushroom Products CoOG stock overvalued right now?
Based on GuruFocus' analysis, Gulf Mushroom Products CoOG (MUS:GMPI) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.25, compared to a current price of ر.ع0.43 — trading 72% above its estimated fair value. The current Altman Z-Score is 3.09, which is 53% above median its 10-year median of 2.02 and 9.2% above the Consumer Packaged Goods industry median of 2.83. Gulf Mushroom Products CoOG's overall GF Score™ is 65/100 with 3 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 Gulf Mushroom Products CoOG (MUS:GMPI), the current Altman Z-Score is 3.09 as of Jul. 04, 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 Gulf Mushroom Products CoOG (MUS:GMPI) Overvalued in 2026?

Based on GuruFocus' analysis, Gulf Mushroom Products CoOG stock appears to be overvalued. The current stock price of ر.ع0.43 is trading 72% above its estimated GF Value™ of ر.ع0.25. GuruFocus considers Gulf Mushroom Products CoOG to be Significantly Overvalued.

Key valuation signals for MUS:GMPI:

  • Altman Z-Score: 3.09 (53% above median its 10-year median of 2.02)
  • GF Value™: ر.ع0.25 vs. price of ر.ع0.43 (72% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 9.2% above the Consumer Packaged Goods median (#893 of 1928)

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


Gulf Mushroom Products CoOG Business Description

Address PO Box 383, Barka, OMN, 320
Gulf Mushroom Products Co SAOG is engaged in the cultivation, processing, and marketing of mushrooms. The company's products are marketed under the name Gulf Fresh and include fresh white button mushrooms, baby mushrooms, giant fresh mushrooms, brown mushrooms, and portabella mushrooms, among others. Gulf Mushroom markets its products through a network of distributors located in the Middle East markets, such as Dubai, Qatar, Bahrain, Kuwait, and Saudi Arabia.
65GF Score

Get the complete analysis for MUS:GMPI

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

ر.ع0.43
Price
ر.ع0.25
GF Value