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Nofoth Food Products CoSAU:2288 -0.16%52 Altman Z-Score is 6.79 as of Aug. 25, 2026, which is 30% below its 10-year median of 9.72. GuruFocus rates SAU:2288 with a GF Score™ of 52/100 and a GF Value™ of ﷼12.71 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 308 Retail - Defensive companies, Nofoth Food Products Co ranks better than 86.04% 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 6.73 is strong.
Nofoth Food Products Co has a Altman Z-Score of 6.79, 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 Nofoth Food Products Co's Altman Z-Score or its related term are showing as below:
SAU:2288'
s Altman Z-Score Range Over the Past 10 Years
Min: 6.73 Med: 9.72 Max: 10.96
Current: 6.73
During the past 4 years, Nofoth Food Products Co's highest Altman Z-Score was 10.96. The lowest was 6.73. And the median was 9.72.
Nofoth Food Products Co (SAU:2288) 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.
* 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 Grocery Stores subindustry, Nofoth Food Products 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.
Nofoth Food Products Co Altman Z-Score vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Nofoth Food Products Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Nofoth Food Products Co's Altman Z-Score falls into.
Nofoth Food Products 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.
* 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.
Nofoth Food Products Co (SAU:2288) has a Altman Z-Score of 6.79 as of Aug. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nofoth Food Products Co and its competitors. This is 30% below median its historical median of 9.72. Over the past decade, Nofoth Food Products Co's Altman Z-Score has ranged from 6.73 to 10.96. According to the industry distribution chart, Nofoth Food Products Co ranks #43 out of 308 companies in the Retail - Defensive industry, placing it in the top 14%.
Is Nofoth Food Products Co's Altman Z-Score too high?
Nofoth Food Products Co's current Altman Z-Score of 6.79 is 30% below median its 10-year median of 9.72. Over the past 10 years, this metric has ranged from a low of 6.73 to a high of 10.96. The Retail - Defensive industry median Altman Z-Score is 3.53. Nofoth Food Products Co's value of 6.79 is 92.6% above this industry median. Based on the distribution chart, Nofoth Food Products Co ranks #43 out of 308 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Nofoth Food Products Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nofoth Food Products Co's Altman Z-Score compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Nofoth Food Products Co ranks #43 out of 308 companies for Altman Z-Score. This places Nofoth Food Products Co in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.53. Nofoth Food Products Co's value of 6.79 is 92.6% above this benchmark. Historically, Nofoth Food Products Co's own Altman Z-Score has ranged from 6.73 to 10.96 over the past decade. While the company's 10-year median is 9.72 vs. the industry median of 3.53, Nofoth Food Products 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 Retail - Defensive company?
The median Altman Z-Score among Retail - Defensive companies is 3.53, based on 308 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. Nofoth Food Products Co's current Altman Z-Score of 6.79 is 92.6% 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 Nofoth Food Products Co and its competitors. For the Retail - Defensive industry, the median Altman Z-Score is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nofoth Food Products Co's current Altman Z-Score is 6.79, which is 30% below median its own 10-year median of 9.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nofoth Food Products Co stock overvalued right now?
Based on GuruFocus' analysis, Nofoth Food Products Co (SAU:2288) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼12.71, compared to a current price of ﷼6.31 — trading 50.4% below its estimated fair value. The current Altman Z-Score is 6.79, which is 30% below median its 10-year median of 9.72 and 92.6% above the Retail - Defensive industry median of 3.53. Nofoth Food Products Co's overall GF Score™ is 52/100 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 Nofoth Food Products Co (SAU:2288), the current Altman Z-Score is 6.79 as of Aug. 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 Nofoth Food Products Co (SAU:2288) Overvalued in 2026?
Based on GuruFocus' analysis, Nofoth Food Products Co stock appears to be undervalued.
The current stock price of ﷼6.31 is trading 50.4% below its estimated GF Value™ of ﷼12.71.
GuruFocus considers Nofoth Food Products Co to be Possible Value Trap.
Key valuation signals for SAU:2288:
Altman Z-Score: 6.79 (30% below median its 10-year median of 9.72)
GF Value™: ﷼12.71 vs. price of ﷼6.31 (50.4% below fair value)
Industry Position: 92.6% above the Retail - Defensive median (#43 of 308)
No single metric tells the full story. See the SAU:2288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nofoth Food Products Co is engaged in retail sales of bakery products and sugary sweets, retail sales of nuts, coffee, spices, and perfumes, operating service restaurants, providing food service contracting, managing main offices, manufacturing sugary sweets such as confectionery, caramel, toffee, and nougat, operating dry food stores, offering light transportation services, wholesale of used oils and export, automated bread production, pie manufacturing, biscuit production, and the production of various types of popular and oriental sweets. The company also handles the road transport of goods, including refrigerated and frozen goods, and the main office activities.
52GF Score
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