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Knack PackagingNSE:KNACK +0.91%16 Altman Z-Score is 7.76 as of Jul. 27, 2026. GuruFocus rates NSE:KNACK with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 391 Packaging & Containers companies, Knack Packaging ranks worse than 255754.22% 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.
Knack Packaging has a Altman Z-Score of 7.76, 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 Knack Packaging's Altman Z-Score or its related term are showing as below:
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.
Altman Z-Score does not apply to financial companies.
Knack Packaging Altman Z-Score Related Terms
Knack Packaging Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Knack Packaging'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.
Knack Packaging Altman Z-Score Chart
Knack Packaging Annual Data
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Mar24
Mar25
Mar26
Altman Z-Score
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0.00
0.00
0.00
Knack Packaging Semi-Annual Data
Mar23
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Mar26
Altman Z-Score
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NSE:KNACK vs SW, PKG, IP: Altman Z-Score Comparison
For the Packaging & Containers subindustry, Knack Packaging'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.
Knack Packaging Altman Z-Score vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Knack Packaging's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Knack Packaging's Altman Z-Score falls into.
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.
Knack Packaging'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
*
0.1177
+
1.4
*
0.3476
+
3.3
*
0.2343
+
0.6
*
8.3071
+
1.0
*
1.3706
=
7.76
* 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.
Knack Packaging (NSE:KNACK) has a Altman Z-Score of 7.76 as of Jul. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Knack Packaging and its competitors. According to the industry distribution chart, Knack Packaging ranks #999999 out of 391 companies in the Packaging & Containers industry.
Is Knack Packaging's Altman Z-Score too high?
Knack Packaging's current Altman Z-Score is 7.76. The Packaging & Containers industry median Altman Z-Score is 2.63. Knack Packaging's value of 7.76 is 195.1% above this industry median. Based on the distribution chart, Knack Packaging ranks #999999 out of 391 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Knack Packaging has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Knack Packaging's Altman Z-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Knack Packaging ranks #999999 out of 391 companies for Altman Z-Score. This places Knack Packaging in the lower half of its industry. The industry median Altman Z-Score is 2.63. Knack Packaging's value of 7.76 is 195.1% above this benchmark. 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 Packaging & Containers company?
The median Altman Z-Score among Packaging & Containers companies is 2.63, based on 391 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. Knack Packaging's current Altman Z-Score of 7.76 is 195.1% 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 Knack Packaging and its competitors. For the Packaging & Containers industry, the median Altman Z-Score is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knack Packaging's current Altman Z-Score is 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knack Packaging stock overvalued right now?
Knack Packaging (NSE:KNACK) has a current Altman Z-Score of 7.76. The current Altman Z-Score is 7.76 and 195.1% above the Packaging & Containers industry median of 2.63. Knack Packaging's overall GF Score™ is 16/100 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 Knack Packaging (NSE:KNACK), the current Altman Z-Score is 7.76 as of Jul. 27, 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.
Knack Packaging Ltd is an integrated packaging solutions provider engaged in the manufacturing of printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch bottom bags. It serves various industries including grains and pulses - rice, dal, lentils, etc., flour & spices, sugar, salts, fruits & nuts, animal & pet foods,agriculture, seeds, charcoal, detergents powders & granules, fertilizers, chemicals, cement, tile adhesives, building materials, mineral bags, etc. The company also provides additional packaging features such as circular & back seam construction, half, full & register window, zig-zag cut, heatcut & bladecut, etc. The majority of the company's revenue is derived from the Printed And Laminated Woven PP Bags.
16GF Score
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