KSG Agro (WAR:KSG) Altman Z-Score: 0.65 (As of Aug. 02, 2026)

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WAR:KSG KSG Agro SA WAR:KSG
58 GF Score
Price zł3.37
GF Value zł2.07
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is KSG Agro Altman Z-Score?

KSG Agro WAR:KSG +3.06% 58 Altman Z-Score is 0.65 as of Aug. 02, 2026. GuruFocus rates WAR:KSG with a GF Score™ of 58/100 and a GF Value™ of zł2.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,931 Consumer Packaged Goods companies, KSG Agro ranks worse than 88.35% 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.

Warning Sign:

Altman Z-score of 0.65 is in distress zone. This implies bankruptcy possibility in the next two years.

KSG Agro has a Altman Z-Score of 0.65, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 KSG Agro's Altman Z-Score or its related term are showing as below:

WAR:KSG' s Altman Z-Score Range Over the Past 10 Years
Min: -1.29   Med: -0.56   Max: 1.61
Current: 0.65

During the past 13 years, KSG Agro's highest Altman Z-Score was 1.61. The lowest was -1.29. And the median was -0.56.


KSG Agro  (WAR:KSG) 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.


KSG Agro Altman Z-Score Related Terms


KSG Agro Altman Z-Score Historical Data

* Premium members only.

The historical data trend for KSG Agro'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.

KSG Agro Altman Z-Score Chart

KSG Agro Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.29 1.22 -1.18 -0.68 0.12

KSG Agro Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -0.57 0.12 0.54 0.14 0.67

WAR:KSG vs ADM, BG, TSN: Altman Z-Score Comparison

For the Farm Products subindustry, KSG Agro'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.


KSG Agro Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KSG Agro's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where KSG Agro's Altman Z-Score falls into.


WAR:KSG
58GF Score
KSG Agro SA WAR:KSG
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KSG Agro 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.

KSG Agro'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*-0.0534+1.4*-0.6282+3.3*0.233+0.6*0.4596+1.0*0.5512
=0.65

* 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 Sep. 2025:
Total Assets was zł135.37 Mil.
Total Current Assets was zł85.28 Mil.
Total Current Liabilities was zł92.51 Mil.
Retained Earnings was zł-85.03 Mil.
Pre-Tax Income was 11.487 + -10.765 + 11.352 + 11.857 = zł23.93 Mil.
Interest Expense was -1.734 + -1.219 + -1.379 + -3.271 = zł-7.60 Mil.
Revenue was 19.688 + 19.284 + 15.812 + 19.834 = zł74.62 Mil.
Market Cap (Today) was zł47.85 Mil.
Total Liabilities was zł104.12 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
=(85.281 - 92.507)/135.366
=-0.0534

X2=Retained Earnings/Total Assets
=-85.031/135.366
=-0.6282

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(23.931 - -7.603)/135.366
=0.233

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=47.850/104.121
=0.4596

X5=Revenue/Total Assets
=74.618/135.366
=0.5512

The zones of discrimination were as such:

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

KSG Agro has a Altman Z-Score of 0.65 indicating it is in Distress 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 0.65 mean?
KSG Agro (WAR:KSG) has a Altman Z-Score of 0.65 as of Aug. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on KSG Agro and its competitors. According to the industry distribution chart, KSG Agro ranks #1706 out of 1931 companies in the Consumer Packaged Goods industry, placing it in the top 88.3%.
Is KSG Agro's Altman Z-Score too high?
KSG Agro's current Altman Z-Score is 0.65. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. KSG Agro's value of 0.65 is 77.2% below this industry median. Based on the distribution chart, KSG Agro ranks #1706 out of 1931 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, KSG Agro has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KSG Agro's Altman Z-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, KSG Agro ranks #1706 out of 1931 companies for Altman Z-Score. This places KSG Agro in the lower half of its industry. The industry median Altman Z-Score is 2.85. KSG Agro's value of 0.65 is 77.2% below 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, based on 1,931 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. KSG Agro's current Altman Z-Score of 0.65 is 77.2% below 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 KSG Agro and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KSG Agro's current Altman Z-Score is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSG Agro stock overvalued right now?
Based on GuruFocus' analysis, KSG Agro (WAR:KSG) is currently considered Significantly Overvalued. The stock's GF Value™ is zł2.07, compared to a current price of zł3.37 — trading 62.6% above its estimated fair value. The current Altman Z-Score is 0.65 and 77.2% below the Consumer Packaged Goods industry median of 2.85. KSG Agro's overall GF Score™ is 58/100 with 6 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 KSG Agro (WAR:KSG), the current Altman Z-Score is 0.65 as of Aug. 02, 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 KSG Agro (WAR:KSG) Overvalued in 2026?

Based on GuruFocus' analysis, KSG Agro stock appears to be overvalued. The current stock price of zł3.37 is trading 62.6% above its estimated GF Value™ of zł2.07. GuruFocus considers KSG Agro to be Significantly Overvalued.

Key valuation signals for WAR:KSG:

  • Altman Z-Score: 0.65
  • GF Value™: zł2.07 vs. price of zł3.37 (62.6% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 77.2% below the Consumer Packaged Goods median (#1706 of 1931)

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


KSG Agro Business Description

Address 24, rue Astrid, Luxembourg, LUX, L-1143
KSG Agro SA operates in the agricultural sector with activities in Ukraine and Poland. The company operates through three main segments: Crop Farming, Pig Breeding, and Other Services. The Crop Farming segment produces various crops, including sunflower, corn, wheat, barley, and rapeseed, along with providing land cultivation services. The Pig Breeding segment focuses on breeding Danish purebred sows and the sale of pigs and piglets. The Other segment encompasses the production of fuel pellets and thermal energy, wholesale trade of crops and other goods, and offers services such as pork processing. Maximum revenue is from the Crop Farming segment. KSG Agro aims to supply agricultural products through its integrated operations and maintains a presence in multiple countries across Europe.
58GF Score

Get the complete analysis for WAR:KSG

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

zł3.37
Price
zł2.07
GF Value