LASCO Manufacturing (XJAM:LASM) Altman Z-Score: 7.40 (As of Aug. 28, 2026) — Near Median

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XJAM:LASM LASCO Manufacturing Ltd XJAM:LASM
86 GF Score
Price JMD7.80
GF Value JMD6.63
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is LASCO Manufacturing Altman Z-Score?

LASCO Manufacturing XJAM:LASM 86 Altman Z-Score is 7.40 as of Aug. 28, 2026, which is 3% above its 10-year median of 7.19. GuruFocus rates XJAM:LASM with a GF Score™ of 86/100 and a GF Value™ of JMD6.63 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,933 Consumer Packaged Goods companies, LASCO Manufacturing ranks better than 88.46% 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 8.29 is strong.

LASCO Manufacturing has a Altman Z-Score of 7.40, 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 LASCO Manufacturing's Altman Z-Score or its related term are showing as below:

XJAM:LASM' s Altman Z-Score Range Over the Past 10 Years
Min: 5.28   Med: 7.19   Max: 9.2
Current: 8.29

During the past 8 years, LASCO Manufacturing's highest Altman Z-Score was 9.20. The lowest was 5.28. And the median was 7.19.


LASCO Manufacturing  (XJAM:LASM) 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.


LASCO Manufacturing Altman Z-Score Related Terms


LASCO Manufacturing Altman Z-Score Historical Data

* Premium members only.

The historical data trend for LASCO Manufacturing'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.

LASCO Manufacturing Altman Z-Score Chart

LASCO Manufacturing Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 7.84 7.22 7.57 8.51 0.00

LASCO Manufacturing Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.86 7.04 6.82 0.00 0.00

XJAM:LASM vs KHC, GIS, HRL: Altman Z-Score Comparison

For the Packaged Foods subindustry, LASCO Manufacturing'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.


LASCO Manufacturing Altman Z-Score vs Consumer Packaged Goods Industry

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

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


XJAM:LASM
86GF Score
LASCO Manufacturing Ltd XJAM:LASM
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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LASCO Manufacturing 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.

LASCO Manufacturing'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*0.622+1.4*0.7764+3.3*0.1653+0.6*7.4105+1.0*0.5784
=7.40

* 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 Jun. 2026:
Total Assets was JMD21,924 Mil.
Total Current Assets was JMD15,934 Mil.
Total Current Liabilities was JMD2,297 Mil.
Retained Earnings was JMD17,022 Mil.
Pre-Tax Income was 866.205 + 899.887 + 891.897 + 868.876 = JMD3,527 Mil.
Interest Expense was -19.106 + -48.47 + -18.026 + -12.559 = JMD-98 Mil.
Revenue was 3132.577 + 3187.821 + 3176.742 + 3183.293 = JMD12,680 Mil.
Market Cap (Today) was JMD32,354 Mil.
Total Liabilities was JMD4,366 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
=(15933.812 - 2297.382)/21923.653
=0.622

X2=Retained Earnings/Total Assets
=17022.427/21923.653
=0.7764

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3526.865 - -98.161)/21923.653
=0.1653

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=32353.723/4365.948
=7.4105

X5=Revenue/Total Assets
=12680.433/21923.653
=0.5784

The zones of discrimination were as such:

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

LASCO Manufacturing has a Altman Z-Score of 7.40 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 7.40 mean?
LASCO Manufacturing (XJAM:LASM) has a Altman Z-Score of 7.40 as of Aug. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on LASCO Manufacturing and its competitors. This is near median its historical median of 7.19. Over the past decade, LASCO Manufacturing's Altman Z-Score has ranged from 5.28 to 9.20. According to the industry distribution chart, LASCO Manufacturing ranks #223 out of 1933 companies in the Consumer Packaged Goods industry, placing it in the top 11.5%.
Is LASCO Manufacturing's Altman Z-Score too high?
LASCO Manufacturing's current Altman Z-Score of 7.40 is near median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 5.28 to a high of 9.20. The Consumer Packaged Goods industry median Altman Z-Score is 2.87. LASCO Manufacturing's value of 7.40 is 157.8% above this industry median. Based on the distribution chart, LASCO Manufacturing ranks #223 out of 1933 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, LASCO Manufacturing has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LASCO Manufacturing's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, LASCO Manufacturing ranks #223 out of 1933 companies for Altman Z-Score. This places LASCO Manufacturing in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.87. LASCO Manufacturing's value of 7.40 is 157.8% above this benchmark. Historically, LASCO Manufacturing's own Altman Z-Score has ranged from 5.28 to 9.20 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 2.87, LASCO Manufacturing 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 2.87, based on 1,933 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. LASCO Manufacturing's current Altman Z-Score of 7.40 is 157.8% 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 LASCO Manufacturing and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LASCO Manufacturing's current Altman Z-Score is 7.40, which is near median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LASCO Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, LASCO Manufacturing (XJAM:LASM) is currently considered Modestly Overvalued. The stock's GF Value™ is JMD6.63, compared to a current price of JMD7.80 — trading 17.6% above its estimated fair value. The current Altman Z-Score is 7.40, which is near median its 10-year median of 7.19 and 157.8% above the Consumer Packaged Goods industry median of 2.87. LASCO Manufacturing's overall GF Score™ is 86/100 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 LASCO Manufacturing (XJAM:LASM), the current Altman Z-Score is 7.40 as of Aug. 28, 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 LASCO Manufacturing (XJAM:LASM) Overvalued in 2026?

Based on GuruFocus' analysis, LASCO Manufacturing stock appears to be overvalued. The current stock price of JMD7.80 is trading 17.6% above its estimated GF Value™ of JMD6.63. GuruFocus considers LASCO Manufacturing to be Modestly Overvalued.

Key valuation signals for XJAM:LASM:

  • Altman Z-Score: 7.40 (near median its 10-year median of 7.19)
  • GF Value™: JMD6.63 vs. price of JMD7.80 (17.6% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 157.8% above the Consumer Packaged Goods median (#223 of 1933)

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


LASCO Manufacturing Business Description

Address 27 Red Hills Road, Kingston 10, Jamaica, JAM
LASCO Manufacturing Ltd is engaged in the manufacturing of soy-based products, juice drinks, water and packaging of milk-based products. The company's portfolio includes LASCO Food Drink, LaSoy Lactose-Free, Porridge Mix, Whole Milk, Instant enriched milk powder, and Readi Milk.
86GF Score

Get the complete analysis for XJAM:LASM

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

JMD7.80
Price
JMD6.63
GF Value