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Modern Mills CoSAU:2284 -0.56%20 Altman Z-Score is 3.04 as of Jul. 17, 2026, which is 14% below its 10-year median of 3.53. GuruFocus rates SAU:2284 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,934 Consumer Packaged Goods companies, Modern Mills Co ranks better than 53.57% 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 3.03 is strong.
Modern Mills Co has a Altman Z-Score of 3.04, 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 Modern Mills Co's Altman Z-Score or its related term are showing as below:
SAU:2284'
s Altman Z-Score Range Over the Past 10 Years
Min: 3 Med: 3.53 Max: 5.01
Current: 3.03
During the past 4 years, Modern Mills Co's highest Altman Z-Score was 5.01. The lowest was 3.00. And the median was 3.53.
Modern Mills Co (SAU:2284) 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.
Altman Z-Score does not apply to financial companies.
Modern Mills Co Altman Z-Score Related Terms
Modern Mills Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Modern Mills 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.
For the Packaged Foods subindustry, Modern Mills 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.
Modern Mills Co Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Mills Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Modern Mills Co'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.
Modern Mills 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
*
-0.06
+
1.4
*
0.1902
+
3.3
*
0.1992
+
0.6
*
2.2936
+
1.0
*
0.8094
=
3.04
* 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.
Modern Mills Co (SAU:2284) has a Altman Z-Score of 3.04 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Modern Mills Co and its competitors. This is 14% below median its historical median of 3.53. Over the past decade, Modern Mills Co's Altman Z-Score has ranged from 3.00 to 5.01. According to the industry distribution chart, Modern Mills Co ranks #898 out of 1934 companies in the Consumer Packaged Goods industry, placing it in the top 46.4%.
Is Modern Mills Co's Altman Z-Score too high?
Modern Mills Co's current Altman Z-Score of 3.04 is 14% below median its 10-year median of 3.53. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.01. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. Modern Mills Co's value of 3.04 is 6.3% above this industry median. Based on the distribution chart, Modern Mills Co ranks #898 out of 1934 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Modern Mills Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Modern Mills Co's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Mills Co ranks #898 out of 1934 companies for Altman Z-Score. This puts Modern Mills Co in the upper half of its industry. The industry median Altman Z-Score is 2.86. Modern Mills Co's value of 3.04 is 6.3% above this benchmark. Historically, Modern Mills Co's own Altman Z-Score has ranged from 3.00 to 5.01 over the past decade. While the company's 10-year median is 3.53 vs. the industry median of 2.86, Modern Mills 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 2.86, based on 1,934 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. Modern Mills Co's current Altman Z-Score of 3.04 is 6.3% 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 Modern Mills Co and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Mills Co's current Altman Z-Score is 3.04, which is 14% below median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Mills Co stock overvalued right now?
Modern Mills Co (SAU:2284) has a current Altman Z-Score of 3.04. The current Altman Z-Score is 3.04, which is 14% below median its 10-year median of 3.53 and 6.3% above the Consumer Packaged Goods industry median of 2.86. Modern Mills Co's overall GF Score™ is 20/100 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 Modern Mills Co (SAU:2284), the current Altman Z-Score is 3.04 as of Jul. 17, 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.
Modern Mills Co is a company whose licensed activities include flour production in Saudi Arabia and all activities related to the provision of wheat products, animal feed, and related products, including making any contracts or any related arrangements. The company operates in three regions in the Kingdom of Saudi Arabia which are also their reportable segments that include Khamis Mushait, Al Jumum, and Al Jowf. The majority of its revenue is generated from the Khamis Mushait, involves Production of flour and feed. Al Jumum, and Al Jowf involves Production of flour and bran.
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