Industrias Productos Alimenticios (XSGO:IPAL) Altman Z-Score: 2.87 (As of Jul. 14, 2026) — 31% Above Median

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XSGO:IPAL Industrias Productos Alimenticios SA XSGO:IPAL
75 GF Score
Price CLP1,210.50
GF Value CLP1,326.64
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Industrias Productos Alimenticios Altman Z-Score?

Industrias Productos Alimenticios XSGO:IPAL 75 Altman Z-Score is 2.87 as of Jul. 14, 2026, which is 31% above its 10-year median of 2.19. GuruFocus rates XSGO:IPAL with a GF Score™ of 75/100 and a GF Value™ of CLP1,326.64 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,932 Consumer Packaged Goods companies, Industrias Productos Alimenticios ranks better than 50.67% 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 2.87 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Industrias Productos Alimenticios has a Altman Z-Score of 2.87, indicating it is in Grey Zones. This implies that Industrias Productos Alimenticios is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Industrias Productos Alimenticios's Altman Z-Score or its related term are showing as below:

XSGO:IPAL' s Altman Z-Score Range Over the Past 10 Years
Min: 1.5   Med: 2.19   Max: 3.22
Current: 2.87

During the past 13 years, Industrias Productos Alimenticios's highest Altman Z-Score was 3.22. The lowest was 1.50. And the median was 2.19.


Industrias Productos Alimenticios  (XSGO:IPAL) 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.


Industrias Productos Alimenticios Altman Z-Score Related Terms


Industrias Productos Alimenticios Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Industrias Productos Alimenticios'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.

Industrias Productos Alimenticios Altman Z-Score Chart

Industrias Productos Alimenticios Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.50 1.98 2.92 2.57

Industrias Productos Alimenticios Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.19 3.22 2.99 2.57 2.87

XSGO:IPAL vs KHC, GIS, HRL: Altman Z-Score Comparison

For the Packaged Foods subindustry, Industrias Productos Alimenticios'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.


Industrias Productos Alimenticios Altman Z-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Industrias Productos Alimenticios's Altman Z-Score falls into.


XSGO:IPAL
75GF Score
Industrias Productos Alimenticios SA XSGO:IPAL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Industrias Productos Alimenticios 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.

Industrias Productos Alimenticios'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*0.2784+1.4*0.4013+3.3*0.0916+0.6*0.2728+1.0*1.5115
=2.87

* 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 Mar. 2026:
Total Assets was CLP92,555 Mil.
Total Current Assets was CLP50,235 Mil.
Total Current Liabilities was CLP24,471 Mil.
Retained Earnings was CLP37,146 Mil.
Pre-Tax Income was 2460.129 + 4024.376 + 383.413 + 751.11 = CLP7,619 Mil.
Interest Expense was -237.733 + -91.222 + -245.818 + -288.47 = CLP-863 Mil.
Revenue was 26584.264 + 41041.266 + 36599.857 + 35676.409 = CLP139,902 Mil.
Market Cap (Today) was CLP13,307 Mil.
Total Liabilities was CLP48,788 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
=(50234.696 - 24471.181)/92555.455
=0.2784

X2=Retained Earnings/Total Assets
=37146.446/92555.455
=0.4013

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(7619.028 - -863.243)/92555.455
=0.0916

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13307.307/48787.517
=0.2728

X5=Revenue/Total Assets
=139901.796/92555.455
=1.5115

The zones of discrimination were as such:

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

Industrias Productos Alimenticios has a Altman Z-Score of 2.87 indicating it is in Grey 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 2.87 mean?
Industrias Productos Alimenticios (XSGO:IPAL) has a Altman Z-Score of 2.87 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Industrias Productos Alimenticios and its competitors. This is 31% above median its historical median of 2.19. Over the past decade, Industrias Productos Alimenticios' Altman Z-Score has ranged from 1.50 to 3.22. According to the industry distribution chart, Industrias Productos Alimenticios ranks #953 out of 1932 companies in the Consumer Packaged Goods industry, placing it in the top 49.3%.
Is Industrias Productos Alimenticios' Altman Z-Score too high?
Industrias Productos Alimenticios' current Altman Z-Score of 2.87 is 31% above median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 3.22. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Industrias Productos Alimenticios' value of 2.87 is 0.7% above this industry median. Based on the distribution chart, Industrias Productos Alimenticios ranks #953 out of 1932 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Industrias Productos Alimenticios has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Industrias Productos Alimenticios' Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Industrias Productos Alimenticios ranks #953 out of 1932 companies for Altman Z-Score. This puts Industrias Productos Alimenticios in the upper half of its industry. The industry median Altman Z-Score is 2.85. Industrias Productos Alimenticios' value of 2.87 is 0.7% above this benchmark. Historically, Industrias Productos Alimenticios' own Altman Z-Score has ranged from 1.50 to 3.22 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 2.85, Industrias Productos Alimenticios 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 2.85, based on 1,932 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. Industrias Productos Alimenticios's current Altman Z-Score of 2.87 is 0.7% 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 Industrias Productos Alimenticios 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. Industrias Productos Alimenticios's current Altman Z-Score is 2.87, which is 31% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrias Productos Alimenticios stock overvalued right now?
Based on GuruFocus' analysis, Industrias Productos Alimenticios (XSGO:IPAL) is currently considered Fairly Valued. The stock's GF Value™ is CLP1,326.64, compared to a current price of CLP1,210.50 — trading 8.8% below its estimated fair value. The current Altman Z-Score is 2.87, which is 31% above median its 10-year median of 2.19 and 0.7% above the Consumer Packaged Goods industry median of 2.85. Industrias Productos Alimenticios' overall GF Score™ is 75/100 with 2 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 Industrias Productos Alimenticios (XSGO:IPAL), the current Altman Z-Score is 2.87 as of Jul. 14, 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 Industrias Productos Alimenticios (XSGO:IPAL) Overvalued in 2026?

Based on GuruFocus' analysis, Industrias Productos Alimenticios stock appears to be undervalued. The current stock price of CLP1,210.50 is trading 8.8% below its estimated GF Value™ of CLP1,326.64. GuruFocus considers Industrias Productos Alimenticios to be Fairly Valued.

Key valuation signals for XSGO:IPAL:

  • Altman Z-Score: 2.87 (31% above median its 10-year median of 2.19)
  • GF Value™: CLP1,326.64 vs. price of CLP1,210.50 (8.8% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 0.7% above the Consumer Packaged Goods median (#953 of 1932)

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


Industrias Productos Alimenticios Business Description

Address Maria Luisa Etchart Norte 21201, Izarra de Lo Aguirre Pudahuel, Santiago, CHL
Industrias Productos Alimenticios SA is a Chile based firm. It manufactures and markets food products. Its product portfolio comprises of traditional cereal, breakfast cereal, adult cereal, soups, creams, individual soups, broths and thick soups.
75GF Score

Get the complete analysis for XSGO:IPAL

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

CLP1,210.50
Price
CLP1,326.64
GF Value