PT MD Entertainment Tbk (ISX:FILM) Altman Z2-Score: 5.81 (As of Jul. 03, 2026) — 76% Below Median


ISX:FILM PT MD Entertainment Tbk ISX:FILM
75 GF Score
Price Rp1,630.00
GF Value Rp4,309.90
Valuation Possible Value Trap
! 3 Warning Signs
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What is PT MD Entertainment Tbk Altman Z2-Score?

PT MD Entertainment Tbk ISX:FILM +1.56% 75 Altman Z2-Score is 5.81 as of Jul. 03, 2026, which is 76% below its 10-year median of 24.63. GuruFocus rates ISX:FILM with a GF Score™ of 75/100 and a GF Value™ of Rp4,309.90 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,022 Media - Diversified companies, PT MD Entertainment Tbk ranks better than 72.5% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

PT MD Entertainment Tbk has a Altman Z2-Score of 5.81, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for PT MD Entertainment Tbk's Altman Z2-Score or its related term are showing as below:

ISX:FILM' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.97   Med: 24.63   Max: 98.19
Current: 5.81

During the past 11 years, PT MD Entertainment Tbk's highest Altman Z2-Score was 98.19. The lowest was 2.97. And the median was 24.63.


PT MD Entertainment Tbk  (ISX:FILM) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

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_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


PT MD Entertainment Tbk Altman Z2-Score Related Terms


PT MD Entertainment Tbk Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for PT MD Entertainment Tbk's Altman Z2-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.

PT MD Entertainment Tbk Altman Z2-Score Chart

PT MD Entertainment Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.90 24.33 23.89 3.47 5.73

PT MD Entertainment Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-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 3.36 2.97 8.70 5.73 5.81

ISX:FILM vs NFLX, DIS, WBD: Altman Z2-Score Comparison

For the Entertainment subindustry, PT MD Entertainment Tbk's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


PT MD Entertainment Tbk Altman Z2-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT MD Entertainment Tbk's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where PT MD Entertainment Tbk's Altman Z2-Score falls into.


ISX:FILM
75GF Score
PT MD Entertainment Tbk ISX:FILM
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT MD Entertainment Tbk Altman Z2-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.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

PT MD Entertainment Tbk's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.0759+3.26*-0.01+6.72*-0.064+1.05*5.4986
=5.81

* 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 Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was Rp3,759,890 Mil.
Total Current Assets was Rp827,805 Mil.
Total Current Liabilities was Rp542,256 Mil.
Retained Earnings was Rp-37,696 Mil.
Pre-Tax Income was 17871.404 + -214943.261 + -38314.848 + -31676.675 = Rp-267,063 Mil.
Interest Expense was -1187.095 + -991.633 + -5695.192 + -18536.093 = Rp-26,410 Mil.
Total Liabilities was Rp566,757 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
=(827805.43 - 542256.461)/3759890.437
=0.0759

X2=Retained Earnings/Total Assets
=-37695.667/3759890.437
=-0.01

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-267063.38 - -26410.013)/3759890.437
=-0.064

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(3116361.514 - 0)/566756.678
=5.4986

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

PT MD Entertainment Tbk has a Altman Z2-Score of 5.81 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 5.81 mean?
PT MD Entertainment Tbk (ISX:FILM) has a Altman Z2-Score of 5.81 as of Jul. 03, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on PT MD Entertainment Tbk and its competitors. This is 76% below median its historical median of 24.63. Over the past decade, PT MD Entertainment Tbk's Altman Z2-Score has ranged from 2.97 to 98.19. According to the industry distribution chart, PT MD Entertainment Tbk ranks #281 out of 1022 companies in the Media - Diversified industry, placing it in the top 27.5%.
Is PT MD Entertainment Tbk's Altman Z2-Score too high?
PT MD Entertainment Tbk's current Altman Z2-Score of 5.81 is 76% below median its 10-year median of 24.63. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 98.19. The Media - Diversified industry median Altman Z2-Score is 2.52. PT MD Entertainment Tbk's value of 5.81 is 131% above this industry median. Based on the distribution chart, PT MD Entertainment Tbk ranks #281 out of 1022 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, PT MD Entertainment Tbk has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT MD Entertainment Tbk's Altman Z2-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, PT MD Entertainment Tbk ranks #281 out of 1022 companies for Altman Z2-Score. This puts PT MD Entertainment Tbk in the upper half of its industry. The industry median Altman Z2-Score is 2.52. PT MD Entertainment Tbk's value of 5.81 is 131% above this benchmark. Historically, PT MD Entertainment Tbk's own Altman Z2-Score has ranged from 2.97 to 98.19 over the past decade. While the company's 10-year median is 24.63 vs. the industry median of 2.52, PT MD Entertainment Tbk 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 Z2-Score for a Media - Diversified company?
The median Altman Z2-Score among Media - Diversified companies is 2.52, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT MD Entertainment Tbk's current Altman Z2-Score of 5.81 is 131% 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 Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on PT MD Entertainment Tbk and its competitors. For the Media - Diversified industry, the median Altman Z2-Score is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT MD Entertainment Tbk's current Altman Z2-Score is 5.81, which is 76% below median its own 10-year median of 24.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT MD Entertainment Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT MD Entertainment Tbk (ISX:FILM) is currently considered Possible Value Trap. The stock's GF Value™ is Rp4,309.90, compared to a current price of Rp1,630.00 — trading 62.2% below its estimated fair value. The current Altman Z2-Score is 5.81, which is 76% below median its 10-year median of 24.63 and 131% above the Media - Diversified industry median of 2.52. PT MD Entertainment Tbk's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For PT MD Entertainment Tbk (ISX:FILM), the current Altman Z2-Score is 5.81 as of Jul. 03, 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 PT MD Entertainment Tbk (ISX:FILM) Overvalued in 2026?

Based on GuruFocus' analysis, PT MD Entertainment Tbk stock appears to be undervalued. The current stock price of Rp1,630.00 is trading 62.2% below its estimated GF Value™ of Rp4,309.90. GuruFocus considers PT MD Entertainment Tbk to be Possible Value Trap.

Key valuation signals for ISX:FILM:

  • Altman Z2-Score: 5.81 (76% below median its 10-year median of 24.63)
  • GF Value™: Rp4,309.90 vs. price of Rp1,630.00 (62.2% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 131% above the Media - Diversified median (#281 of 1022)

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


PT MD Entertainment Tbk Business Description

Address Jalan Setia Budi Selatan No.7, RT.5/RW.1, Kuningan, MD Place Tower 1, 9th Floor, Daerah Khusus Ibukota, Kota Jakarta Selatan, Jakarta, IDN, 12920
PT MD Entertainment Tbk is an entertainment company whose business activities include manufacturing and producing films and videos, conducting film and video trading, distributing film and video to production houses, agents, distributors, and suppliers, and becoming a supplier of films and videos from other companies. The company's primary business segments are Film, Rent, and Broadcasting. A majority of its revenue is generated from the Film segment, which operates as a production house and produces theatrical films, DOTT films, and series of different genres. Geographically, all of the company's business activities are carried out in Indonesia.
75GF Score

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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp1,630.00
Price
Rp4,309.90
GF Value