The Okomu Oil Palm Co (NSA:OKMO) Altman Z-Score: 12.90 (As of Jul. 04, 2026) — 152% Above Median


NSA:OKMO The Okomu Oil Palm Co PLC NSA:OKMO
98 GF Score
Price ₦1,418.00
GF Value ₦945.04
Valuation Significantly Overvalued
! 1 Warning Sign
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What is The Okomu Oil Palm Co Altman Z-Score?

The Okomu Oil Palm Co NSA:OKMO 98 Altman Z-Score is 12.90 as of Jul. 04, 2026, which is 152% above its 10-year median of 5.11. GuruFocus rates NSA:OKMO with a GF Score™ of 98/100 and a GF Value™ of ₦945.04 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,928 Consumer Packaged Goods companies, The Okomu Oil Palm Co ranks better than 93.83% 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 12.9 is strong.

The Okomu Oil Palm Co has a Altman Z-Score of 12.90, 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 The Okomu Oil Palm Co's Altman Z-Score or its related term are showing as below:

NSA:OKMO' s Altman Z-Score Range Over the Past 10 Years
Min: 3.44   Med: 5.11   Max: 12.9
Current: 12.9

During the past 13 years, The Okomu Oil Palm Co's highest Altman Z-Score was 12.90. The lowest was 3.44. And the median was 5.11.


The Okomu Oil Palm Co  (NSA:OKMO) 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.


The Okomu Oil Palm Co Altman Z-Score Related Terms


The Okomu Oil Palm Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for The Okomu Oil Palm 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.

The Okomu Oil Palm Co Altman Z-Score Chart

The Okomu Oil Palm Co 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 4.78 5.04 5.18 7.52 10.85

The Okomu Oil Palm Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 7.52 5.96 8.82 11.95 10.85

NSA:OKMO vs ADM, BG, TSN: Altman Z-Score Comparison

For the Farm Products subindustry, The Okomu Oil Palm 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.


The Okomu Oil Palm Co Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Okomu Oil Palm Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where The Okomu Oil Palm Co's Altman Z-Score falls into.


NSA:OKMO
98GF Score
The Okomu Oil Palm Co PLC NSA:OKMO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Okomu Oil Palm 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.

The Okomu Oil Palm 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*-0.1109+1.4*0.3525+3.3*0.6368+0.6*15.0222+1.0*1.4271
=12.90

* 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 ₦138,853 Mil.
Total Current Assets was ₦41,824 Mil.
Total Current Liabilities was ₦57,227 Mil.
Retained Earnings was ₦48,951 Mil.
Pre-Tax Income was 3226.577 + 17045.14 + 34851.213 + 32202.703 = ₦87,326 Mil.
Interest Expense was -521.116 + -165.206 + -203.622 + -210.911 = ₦-1,101 Mil.
Revenue was 24201.847 + 44116.856 + 71724.013 + 58110.161 = ₦198,153 Mil.
Market Cap (Today) was ₦1,352,644 Mil.
Total Liabilities was ₦90,043 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
=(41824.103 - 57226.624)/138852.944
=-0.1109

X2=Retained Earnings/Total Assets
=48950.865/138852.944
=0.3525

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(87325.633 - -1100.855)/138852.944
=0.6368

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1352644.380/90042.836
=15.0222

X5=Revenue/Total Assets
=198152.877/138852.944
=1.4271

The zones of discrimination were as such:

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

The Okomu Oil Palm Co has a Altman Z-Score of 12.90 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 12.90 mean?
The Okomu Oil Palm Co (NSA:OKMO) has a Altman Z-Score of 12.90 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on The Okomu Oil Palm Co and its competitors. This is 152% above median its historical median of 5.11. Over the past decade, The Okomu Oil Palm Co's Altman Z-Score has ranged from 3.44 to 12.90. According to the industry distribution chart, The Okomu Oil Palm Co ranks #119 out of 1928 companies in the Consumer Packaged Goods industry, placing it in the top 6.2%.
Is The Okomu Oil Palm Co's Altman Z-Score too high?
The Okomu Oil Palm Co's current Altman Z-Score of 12.90 is 152% above median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 3.44 to a high of 12.90. The Consumer Packaged Goods industry median Altman Z-Score is 2.83. The Okomu Oil Palm Co's value of 12.90 is 355.8% above this industry median. Based on the distribution chart, The Okomu Oil Palm Co ranks #119 out of 1928 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, The Okomu Oil Palm Co has a GF Score™ of 98/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Okomu Oil Palm Co's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, The Okomu Oil Palm Co ranks #119 out of 1928 companies for Altman Z-Score. This places The Okomu Oil Palm Co in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.83. The Okomu Oil Palm Co's value of 12.90 is 355.8% above this benchmark. Historically, The Okomu Oil Palm Co's own Altman Z-Score has ranged from 3.44 to 12.90 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 2.83, The Okomu Oil Palm 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 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. The Okomu Oil Palm Co's current Altman Z-Score of 12.90 is 355.8% 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 The Okomu Oil Palm Co 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. The Okomu Oil Palm Co's current Altman Z-Score is 12.90, which is 152% above median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Okomu Oil Palm Co stock overvalued right now?
Based on GuruFocus' analysis, The Okomu Oil Palm Co (NSA:OKMO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦945.04, compared to a current price of ₦1,418.00 — trading 50% above its estimated fair value. The current Altman Z-Score is 12.90, which is 152% above median its 10-year median of 5.11 and 355.8% above the Consumer Packaged Goods industry median of 2.83. The Okomu Oil Palm Co's overall GF Score™ is 98/100 with 1 warning sign 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 The Okomu Oil Palm Co (NSA:OKMO), the current Altman Z-Score is 12.90 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 The Okomu Oil Palm Co (NSA:OKMO) Overvalued in 2026?

Based on GuruFocus' analysis, The Okomu Oil Palm Co stock appears to be overvalued. The current stock price of ₦1,418.00 is trading 50% above its estimated GF Value™ of ₦945.04. GuruFocus considers The Okomu Oil Palm Co to be Significantly Overvalued.

Key valuation signals for NSA:OKMO:

  • Altman Z-Score: 12.90 (152% above median its 10-year median of 5.11)
  • GF Value™: ₦945.04 vs. price of ₦1,418.00 (50% above fair value)
  • GF Score™: 98/100 with 1 warning sign
  • Industry Position: 355.8% above the Consumer Packaged Goods median (#119 of 1928)

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


The Okomu Oil Palm Co Business Description

Address Okomu-Udo, Ovia South West LGA, P.M.B, Benin, NGA, 1449
The Okomu Oil Palm Co PLC engages in the cultivation of oil palm and rubber in Nigeria. The company has three reportable segments; the Palm Plantation segment, which produces fresh fruit bunches, crude palm oil, and crude palm kernel; the Rubber Plantation segment, which produces latex and rubber cake; and the Palm and rubber Processing segment, which renders palm and rubber processing from the company's mill processing equipment. The company processes fresh fruit bunches into crude palm oil for resale, and rubber lumps to rubber cake for export. The company generates maximum of its revenue from Palm oil products and Rubber products.
98GF Score

Get the complete analysis for NSA:OKMO

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

₦1,418.00
Price
₦945.04
GF Value