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Cakovecki Mlinovi DDZAG:CKML 87 Altman Z-Score is 3.70 as of Jul. 15, 2026, which is 72% below its 10-year median of 13.01. GuruFocus rates ZAG:CKML with a GF Score™ of 87/100 and a GF Value™ of €18.98 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Cakovecki Mlinovi DD ranks better than 62.9% 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 3.63 is strong.
Cakovecki Mlinovi DD has a Altman Z-Score of 3.70, 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 Cakovecki Mlinovi DD's Altman Z-Score or its related term are showing as below:
ZAG:CKML'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.72 Med: 13.01 Max: 18.57
Current: 3.63
During the past 13 years, Cakovecki Mlinovi DD's highest Altman Z-Score was 18.57. The lowest was 2.72. And the median was 13.01.
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.
Cakovecki Mlinovi DD Altman Z-Score Related Terms
Cakovecki Mlinovi DD Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Cakovecki Mlinovi DD'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.
ZAG:CKML vs KHC, GIS, HRL: Altman Z-Score Comparison
For the Packaged Foods subindustry, Cakovecki Mlinovi DD'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.
Cakovecki Mlinovi DD Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Cakovecki Mlinovi DD's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Cakovecki Mlinovi DD'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.
Cakovecki Mlinovi DD'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
*
0.1518
+
1.4
*
0.2644
+
3.3
*
0.0711
+
0.6
*
1.8478
+
1.0
*
1.802
=
3.70
* 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.
Cakovecki Mlinovi DD (ZAG:CKML) has a Altman Z-Score of 3.70 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cakovecki Mlinovi DD and its competitors. This is 72% below median its historical median of 13.01. Over the past decade, Cakovecki Mlinovi DD's Altman Z-Score has ranged from 2.72 to 18.57. According to the industry distribution chart, Cakovecki Mlinovi DD ranks #716 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 37.1%.
Is Cakovecki Mlinovi DD's Altman Z-Score too high?
Cakovecki Mlinovi DD's current Altman Z-Score of 3.70 is 72% below median its 10-year median of 13.01. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 18.57. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Cakovecki Mlinovi DD's value of 3.70 is 29.8% above this industry median. Based on the distribution chart, Cakovecki Mlinovi DD ranks #716 out of 1930 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Cakovecki Mlinovi DD has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cakovecki Mlinovi DD's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Cakovecki Mlinovi DD ranks #716 out of 1930 companies for Altman Z-Score. This puts Cakovecki Mlinovi DD in the upper half of its industry. The industry median Altman Z-Score is 2.85. Cakovecki Mlinovi DD's value of 3.70 is 29.8% above this benchmark. Historically, Cakovecki Mlinovi DD's own Altman Z-Score has ranged from 2.72 to 18.57 over the past decade. While the company's 10-year median is 13.01 vs. the industry median of 2.85, Cakovecki Mlinovi DD 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 1,930 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. Cakovecki Mlinovi DD's current Altman Z-Score of 3.70 is 29.8% 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 Cakovecki Mlinovi DD 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. Cakovecki Mlinovi DD's current Altman Z-Score is 3.70, which is 72% below median its own 10-year median of 13.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cakovecki Mlinovi DD stock overvalued right now?
Based on GuruFocus' analysis, Cakovecki Mlinovi DD (ZAG:CKML) is currently considered Possible Value Trap. The stock's GF Value™ is €18.98, compared to a current price of €10.90 — trading 42.6% below its estimated fair value. The current Altman Z-Score is 3.70, which is 72% below median its 10-year median of 13.01 and 29.8% above the Consumer Packaged Goods industry median of 2.85. Cakovecki Mlinovi DD's overall GF Score™ is 87/100 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 Cakovecki Mlinovi DD (ZAG:CKML), the current Altman Z-Score is 3.70 as of Jul. 15, 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 Cakovecki Mlinovi DD (ZAG:CKML) Overvalued in 2026?
Based on GuruFocus' analysis, Cakovecki Mlinovi DD stock appears to be undervalued.
The current stock price of €10.90 is trading 42.6% below its estimated GF Value™ of €18.98.
GuruFocus considers Cakovecki Mlinovi DD to be Possible Value Trap.
Key valuation signals for ZAG:CKML:
Altman Z-Score: 3.70 (72% below median its 10-year median of 13.01)
GF Value™: €18.98 vs. price of €10.90 (42.6% below fair value)
Industry Position: 29.8% above the Consumer Packaged Goods median (#716 of 1930)
No single metric tells the full story. See the ZAG:CKML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cakovecki Mlinovi DD is engaged in production and trade of food products. The company's activity includes milling, bakery, and pumpkin oil production. Some of its products are frozen puff pastry, tea biscuits, steamed white bread, wheat white bread, mini pizza, chocolate croissant, walnut loaf cake, cheese cornbread, and others. The company has two segments: Trade which includes retail and wholesale of food and non-food assortment and Food which includes the production of mill and bakery products and oil, out of which maximum revenue is derived from Trade segment.
87GF Score
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